Latest News
US Job Openings Rise to Highest Level in Nearly Two Years but Hiring Remains Cautious
American businesses are posting jobs at the highest rate in nearly two years, offering a tentatively encouraging signal for a labor market that has been stuck in a low-hire, low-fire rut for most of the past year. But analysts warn that the Iran war and its economic...
OECD Warns Iran War Could Halve Global Growth if Hormuz Disruptions Persist
The Organisation for Economic Cooperation and Development has sharply cut its global growth forecast, warning that the economic damage from the U.S.-Iran war could deteriorate dramatically if disruptions to the Strait of Hormuz and Gulf energy infrastructure continue...
Top CEOs Brace for Economic Downturn as Confidence Collapses in Second Quarter
Corporate America's outlook on the U.S. economy has shifted sharply from optimism to alarm in the span of a single quarter, with a new survey showing CEO confidence has fallen back into negative territory as inflation, geopolitical risk, and weakening business...
The Stock Market Just Did Something Eerily Similar to the Dot-Com Bubble Top in 2000
The S&P 500 closed at a record high on the last trading day of May, but a striking detail beneath the surface of that milestone is raising alarms among veteran strategists: only 20 of the index's 500 members hit their own all-time highs on the same day. Of those...
Brent Oil Posts Biggest Monthly Loss in Six Years as Markets Count on a US-Iran Deal
International oil prices recorded their worst monthly performance since the early days of the Covid-19 pandemic as traders increasingly priced in a diplomatic resolution to the Iran conflict that would reopen the Strait of Hormuz and restore global energy supply....
Inflation Is at a Three-Year High and Americans Are Burning Through Their Savings
High gas prices driven by the Iran war pushed the Federal Reserve's preferred inflation gauge higher again in April while exposing a growing fragility in household finances: Americans are saving at their lowest rate in nearly four years as rising costs outpace income...
Fed’s Preferred Inflation Gauge Surges to Three-Year High as Iran War Keeps Prices Rising
The Federal Reserve's preferred measure of inflation climbed to its highest level in three years in April, intensifying concern at the central bank and on Wall Street about price pressures that are broadening beyond energy and showing no clear signs of peaking. The...
How Much Damage Has the Iran War Done to the US Economy?
Three months into the Iran war, the U.S. economy looks troubled on the surface but has proven more durable than many feared. The conflict has pushed energy prices to four-year highs, reignited inflation, and driven consumer confidence to record lows. Yet the broadest...
Wall Street Closes Slightly Higher as Iran Peace Talk Hopes Offset Market Turbulence
Wall Street's three major indexes finished Thursday's choppy session in positive territory as oil prices retreated and diplomatic signals from Washington suggested some forward movement in U.S.-Iran peace negotiations, though significant gaps between the two sides...
30-Year US Treasury Yield Hits Highest Level Since 2007 as Iran War Fuels Inflation Fears
A deepening bond market sell-off is pushing U.S. borrowing costs to levels not seen in nearly two decades, as persistent inflation driven by the Iran war and concerns about government finances combine to drive investors out of long-term Treasury bonds. The 30-year...










