Aussie mortgage holders face brutal new reality as expert warns of more rate hikes
Australian mortgage holders could face another three interest rate hikes in 2026, a mark not seen since the…
Food shock is inevitable due to the Iran war – and it could get bad
Food prices are expected to rise later this year dpa picture alliance/Alamy Global food prices hit their highest…
China suppliers warn of higher U.S. prices due to Hormuz closure
Pickleball paddle producer Devi Wei has a message for U.S. shoppers. “Americans will have to pay more,” the…
Jerome Powell says $39 trillion national debt is ‘not unsustainable,’ but it ‘will not end well’
Federal Reserve Chair Jerome Powell offered a sobering assessment of America’s fiscal health on Monday, telling a Harvard…
Households are cutting back, favoring cheaper options, survey finds
[InTime News] Consumers are facing sharply higher costs for everyday goods, forcing many households to cut back on…
A recession is guaranteed. But when?
The US economy is under strain, and the oil price shock could tip it over into recession. “People…
February rise in mortgage approvals is ‘snapshot of what could have been’ – London Evening Standard
February rise in mortgage approvals is ‘snapshot of what could have been’ London Evening StandardUK mortgage approvals rise by…
The world economy is experiencing the most severe oil shock in decades. The worst could still be on the way.
Surging oil prices continue to ripple through the global economy because of the war with Iran. Now, some…
Brussels says Europeans should consider traveling less to avoid energy shortages – POLITICO
That could mean governments asking citizens to drive or fly less to save fuel for more essential purposes,…
No Covid-style curbs to deal with energy crisis
There are no plans to introduce Covid-like restrictions to deal with the energy crisis unfolding due to the…
Russian Billionaire Deripaska Proposes 12-Hour Workday to Save Economy — UNITED24 Media
Russian billionaire Oleg Deripaska has proposed that citizens adopt a 12-hour, six-day work week to accelerate the country’s economic transformation,…
Why high oil prices could plunge world into recession by the summer
Monday 30 March 2026 10:14 am The world economy could face a recession. (AP Photo/Mark Schiefelbein) The world…