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Economy

11873 posts
EEconomy
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Warsh faces bind between Trump, inflation after scorching new report

  • June 16, 2026
Federal Reserve Chair Kevin Warsh is facing a major challenge ahead of his first monetary policy meeting leading…
EEconomy
China Shock 2.0: Surging Chinese exports threaten Europe's economy, raising concern at G7 summit
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China Shock 2.0: Surging Chinese exports threaten Europe’s economy, raising concern at G7 summit

  • June 16, 2026
WASHINGTON (AP) — For eight years, the United States has waged economic war on China, slapping big taxes…
EEconomy
Breaking: RBA holds interest rates
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Breaking: RBA holds interest rates

  • June 16, 2026
Welcome to our live coverage of today’s RBA interest rate decision. The RBA has held the cash rate…
EEconomy
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US emergency oil reserves plunge to lowest level in 43 yrs

  • June 16, 2026
he US Strategic Petroleum Reserve tumbled last week to its lowest level since 1983 as the Trump administration…
EEconomy
Australia hikes rates again and warns inflation will stay higher for longer
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Australia central bank warns hikes are not off the table as it keeps rates steady at 4.35%

  • June 16, 2026
Michele Bullock, governor of the Reserve Bank of Australia (RBA), attends a news conference at the bank’s head…
EEconomy
Statement by the Monetary Policy Board: Monetary Policy Decision | Media Releases
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Statement by the Monetary Policy Board: Monetary Policy Decision | Media Releases

  • June 16, 2026
At its meeting today, the Board decided to leave the cash rate target unchanged at 4.35 per cent. Inflation picked…
EEconomy
Goldman Sachs cuts India's 2026 CAD forecast to 1.3% of GDP
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Goldman Sachs cuts India’s 2026 CAD forecast to 1.3% of GDP

  • June 16, 2026
New Delhi: Goldman Sachs has turned more optimistic on India’s external position, lowering its current account deficit (CAD)…
EEconomy
EU carbon tariff sows havoc in China as steel firms grapple with ‘absurd’ rules
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EU carbon tariff sows havoc in China as steel firms grapple with ‘absurd’ rules

  • June 16, 2026
As trade tensions between Beijing and Brussels continue to rise, China’s firms in the European Union have been…
EEconomy
China economy weakens further in May as retail sales post first drop in over three years
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China economy weakens further in May as retail sales post first drop in over three years

  • June 16, 2026
SHENZHEN, CHINA – MAY 3: The national flag of China flies on a flagpole near a construction site…
EEconomy
CNBC Daily Open: Relief rally rolls on as Mideast deal boosts sentiment
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CNBC Daily Open: Relief rally rolls on as Mideast deal boosts sentiment

  • June 16, 2026
Traders work on the floor of the New York Stock Exchange (NYSE) in New York on May 19,…
EEconomy
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Homebuilder confidence stuck in prolonged slump not seen since foreclosure crisis

  • June 16, 2026
(TNND) — Another report pointed to weakness in the housing market, as builder confidence fell two points to…
EEconomy
Sen. Paul discusses fuel costs with UPS Airlines amid potential end to Iran war
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Sen. Paul discusses fuel costs with UPS Airlines amid potential end to Iran war

  • June 16, 2026
Sen. Rand Paul made a stop in Louisville for a meeting with UPS Airlines on Monday, amid a…
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