Scott Bessent Sees ‘Substantial Disinflation’ After ‘One Or Two More’ Hot Inflation Prints: ‘Nothing Is More Transient…’
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Trump-Xi Summit and Cisco’s AI Restructuring Drive Market Focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
USA China ©iHub U.S. equity futures moved higher on Thursday as investors balanced renewed enthusiasm for artificial intelligence…
5 Things to Know Before the Stock Market Opens
Stocks ended Tuesday mostly lower as chip stocks pulled back from their recent rally.Credit: Angela Weiss / AFP…
US-Iran deadlock pushes oil higher, Seoul falls on calls for AI social tax
Optimism over Washington’s proposal to Iran collapsed when Trump said Monday that Iran’s counter-offer was ‘garbage’ (Kent NISHIMURA)…
Fuel price hike on cards? Centre considering emergency measures to save forex amid Middle East crisis, says report
NEW DELHI: The central government is weighing emergency measures to bolster its foreign-exchange reserves amid the economic fallout…
Soaring energy profits reignite calls for windfall tax across Europe
European oil and gas companies benefited from higher energy prices caused by the disruption linked to the Iran…
Food Prices Rise to Highest in Three Years on Iran War Costs
(Bloomberg) — Global food prices climbed to their highest level in more than three years as the Iran…
BOJ debated need for rate hike if energy shock persists, minutes show
By Leika Kihara TOKYO, May 7 (Reuters) – Many Bank of Japan board members saw the need to…
Fuel prices rising in the US as costs stabilise in Australia
Fuel prices in the United States hit their highest levels in almost four years at the end of…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
Pakistan faces economic strain; oil surge drives inflation toward 11%
. Pakistan’s struggling economy is likely to remain under sustained pressure, with double-digit inflation expected to persist if…
Warnings on Permanent Oil Demand Destruction Begin Pouring In
Warnings are multiplying that the oil supply shock caused by the war in the Middle East is going…