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EU Could Be on Brink of Recession Amid Middle East Conflict - IMF
13+ hour, 54+ min ago (251+ words) MOSCOW (Sputnik) - Alfred Kammer, head of the International Monetary Fund's European Department, warned on Friday that the European Union could be on the brink of recession with inflation approaching 5% amid the Middle East conflict. "In a more severe scenario as…...
As national rate increases, PA unemployment rate drops to 4. 2% in February
9+ hour, 16+ min ago (270+ words) WILKES-BARRE " Pennsylvania's unemployment rate was down one-tenth of a percentage point over the month to 4. 2% in February. Over that same period, the U. S. unemployment rate increased one-tenth of a point from January to 4. 4%. The Pennsylvania Department of Labor & Industry (L&I) on…...
Britain's Banks to Access the Scariest AI Yet, Mythos
8+ hour ago (591+ words) " The State of AI Video 2026 is live! Read now " A new AI tool is coming to UK banks, and it's raising alarms at the highest levels of global finance. Anthropic, the company behind the Claude AI family, has confirmed that…...
Is the Dollar Collapsing? 8 Key Indicators You Can't Ignore
2+ day, 4+ hour ago (1805+ words) There are eight key indicators to watch as the US government falls deeper into the'self-perpetuating debt spiral. The chart below shows the actual and projected federal budget deficits. It's important to note that these projections rest on the ridiculous assumption…...
ECB keeps markets guessing on rates with two weeks to go, warns of "layer cake of shocks
16+ hour, 3+ min ago (1100+ words) With less than 2 weeks remaining until the next European Central Bank meeting, the bloc's policymakers appear undecided on the future of interest rates. Financial markets are currently pricing in a hold at the April 29-30 meeting, followed by a hike in…...
Early signals about retail sales: An advance data release from the Chicago Fed
1+ day, 9+ hour ago (119+ words) Tools and resources to find and use economic data worldwide U. S. financial, economic, and banking history Vintages of economic data from specific dates in history View banking market concentrations and perform HHI analysis More data from the Chicago Fed's Advance Retail…...
Musk: I Know How to Contend With AI-Driven Job Loss
6+ hour, 32+ min ago (305+ words) Elon Musk has a fresh spin on universal basic income, and it's not small change. In a post on X, the billionaire argued that the "best way" to handle job losses. .. Musk: I Know How to Contend With AI-Driven Job…...
Soaring farm costs spark meat price hike warning
9+ hour, 29+ min ago (275+ words) South Australian farmers are warning meat prices could jump by up to 20 per cent, as soaring fuel and fertiliser costs push the industry to breaking point. Farmer Anthony Hurst says producers are being hammered by global pressures, with rising input…...
Bitcoin's recovery hits a Fed ceiling with no sign of cheaper money
1+ day, 6+ hour ago (1644+ words) Explore why savvy investors borrow against crypto instead of selling, with insights on liquidity, capital preservation, and portfolio strategy. Powell may stay chair pro tem if Warsh's confirmation stalls, and that uncertainty is keeping Bitcoin's recovery rally under a macro…...
Rising shekel puts pressure on Israeli exporters, risks shift to US
1+ day, 4+ hour ago (340+ words) Analysis: With the shekel at 3 per dollar, exporters face shrinking returns despite record $164 B exports; heavy reliance on the US market and ongoing economic strain are pushing companies abroad, prompting calls for urgent government support The dollar'shekel exchange rate has…...