Ray Dalio says the U.S. just had its ‘Suez moment’—history says what comes next could end an empire
“Watch out for allies and creditors losing confidence, the loss of its reserve currency status, the selling of…
US jobless aid filings fall to 215,000 last week as layoffs remain low despite economic headwinds
WASHINGTON (AP) — Fewer Americans applied for jobless aid last week as layoffs remain low despite economic headwinds…
Graphic: Compare U.K. leadership turnover to other major countries
Italy and Japan closely follow the U.K. with five new prime ministers since 2016. However, the comparison is…
Tokyo core-core CPI hits 1.9% as Middle East price pressures spread beyond energy
The core-core at 1.9% against a 1.8% forecast is the most significant number in the release for BOJ…
No vacancy at home: Worsening job market greets H-1B returnees
Employees laid off in the US over the past year at marquee names, including Meta, Amazon and Microsoft,…
Inflation hits 3-year high, pressuring Fed to raise rates as election nears
President Donald Trump is on a mission to lower borrowing costs as quickly as possible. Wall Street now…
Cheaper crude and Strait of Hormuz reopening boost outlook for Indian refiners
New Delhi: India’s refiners are poised to benefit from a rapidly improving business environment, fuelled by the retreat…
Ferguson launches economic council to bolster Washington’s competitiveness
SEATTLE — Gov. Bob Ferguson said Thursday that Washington’s strong economy cannot be taken for granted, even as…
Canadian dollar rebounds from 14-month low after U.S. inflation data
The Canadian dollar was on track to snap its daily losing streak against the U.S. dollar on Thursday…
Key Fed inflation gauge rises to three-year high in May after gas prices peaked | US economy
The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked,…
Hong Kong is world’s most unequal society for wealth distribution, study finds
Hong Kong has become the world’s most unequal society in terms of wealth distribution, a study has found,…
Fed’s Goolsbee: core inflation still too high, trending wrong way
June 25 (Reuters) – Chicago Federal Reserve President Austan Goolsbee on Thursday said there was a “glimmer of…