Recession, 20% Stock Market Plunge Likely by Year-End: Gary Shilling
Gary Shilling thinks there’s almost nothing that can stop a US recession this year. Loading audio narration… The…
Trump says he’ll hike EU auto tariffs to 25%, jolting a world economy that really didn’t need it
President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next…
Saudi minerals sector driving industrial clusters and downstream growth
JEDDAH: Saudi Arabia’s mineral resources are becoming a key driver of industrial diversification under Vision 2030, as policymakers…
Recent inflation data was ‘bad news,’ Fed’s Goolsbee says
By Howard Schneider WASHINGTON, May 2 (Reuters) – Inflation data last week was “bad news” for the U.S.…
Trucking up the Hume as diesel prices boom
On the Hume Highway, it takes four shots of coffee, $2,553 of fuel and a little hair metal…
Newsquawk Week Ahead: US NFP, ISM Services PMI, RBA, Canadian jobs and OPEC+
Sun: OPEC+Mon: Holiday: UK May Bank Holiday, Holiday: Japan’s Greenery Day, Turkish Inflation (Apr), Global Manufacturing PMI (Apr),…
Fuel costs set to rise, putting pressure on government to extend excise cut
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China’s live music boom spreads to smaller cities as consumption drive expands
Dianjiang, a small county tucked away in southwestern China’s Chongqing, was transformed into a bustling live music hub…
World Bank details Iran war global commodity shock
Late last month, the World Bank issued a report on the impact of the war on Iran detailing…
Gen Z is rebelling against the economy with ‘disillusionomics’
What happens when a generation is raised on economic promises that never materialize? Gen Z may want to…
Mortgage rates erased 9 months of gains, but buyers haven’t blinked
People wait for things to get cheaper before they buy. That is as human as any instinct gets.…
One economist’s ‘radical idea’ to solve the biggest energy crisis in history: a reverse OPEC
The world is facing the largest energy crisis in modern history—and the U.S. may be the country with…