Spending continues to rise in August
Adjusting for seasonality and prices, spending excluding energy rose by 0.8% in August compared to July, driven by…
Howard Lutnick Claims Donald Trump’s Economy Isn’t Here Yet After Being Hit by Embarrassing Data
Donald Trump’s miserable job market will not even start to improve for a few more months, Commerce Secretary…
Russia cuts interest rate to 17% as strains show in wartime economy
Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that…
Consumers’ economic outlook falls to lowest level since May
U.S. consumers are almost back to worrying about the economy like they did in May. Consumer sentiment has…
Tariff-fueled price hikes have arrived — and hitting these items first
For much of 2025, the Trump administration’s wide-ranging tariffs defied forecasts that the import duties would drive up inflation.…
Dollar Shortage Fuels Market Uncertainty
The naira on Friday depreciated to N1,538 per dollar in the parallel market, weaker than N1,535/$ recorded on…
British Pound Drops as UK Economy Stalls
Global stocks on Friday mostly held onto gains made earlier this week on expectations of a cut to…
Nasdaq notches 5th straight record, Dow tumbles as Wall Street gears up for Fed week
Black Rock Coffee Bar (BRCB) made its public debut on the Nasdaq on Friday. Shares opened at $26.50…
IMF backs massive tariff hikes to fix Ghana’s energy sector
Julie Kozack is the Director of Communications at the IMF The International Monetary Fund (IMF) has backed calls…
Pakistan eyes $3 billion exports to Bangladesh as ties improve
FPCCI described Bangladesh as a “global textile and apparel powerhouse,” and a prime market for Pakistani dyestuffs and…
Debt, Power & Black Paper: Unpacking Africa’s financial crossroads
play videoProfessor Godfred Bokpin is an economist Africa’s public debt has reached a staggering $2.14 trillion in 2024,…
Number of shipping companies sinking
File photo. [Shutterstock] The downward trend in the number of Greek shipping companies – that began in 2009…