News
US job growth beats expectations in April; unemployment rate steady at 4. 3%
2+ hour, 58+ min ago (347+ words) Friday, May 8, 2026 at 7: 41 AM WASHINGTON, May 8 (Reuters) " U. S. employment increased more than expected in April while the unemployment rate held steady at 4. 3%, pointing to labor market resilience and reinforcing expectations that the Federal Reserve would leave interest rates unchanged for some…...
As Warsh faces hearing, a framework for smaller Fed balance sheet emerges
2+ week, 3+ day ago (680+ words) Tuesday, April 21, 2026 at 5: 18 AM April 21 (Reuters) " Kevin Warsh would like to see the Federal Reserve slash its vast bond holdings, but has yet to flesh out just how he would do that if confirmed to be the next head of…...
US weekly jobless claims rise, but remain at low levels
4+ week, 1+ day ago (352+ words) Thursday, April 9, 2026 at 7: 51 AM WASHINGTON, April 9 (Reuters) " New applications for U. S. unemployment benefits increased moderately last week, showing no signs of labor market deterioration, potentially giving the Federal Reserve room to keep interest rates unchanged as it monitors the'economic fallout from…...
Pakistanis face unprecedented fuel price rise of up to 54% as global oil price spikes
1+ mon, 5+ day ago (486+ words) Friday, April 3, 2026 at 7: 19 AM The increase adds pressure to a cash-strapped nation already grappling with high inflation, as economists warned the hike would push up food prices and living costs. Pakistan's Petroleum Minister Pervez Malik said late Thursday that the…...
Inflation increases to 2. 5% in Europe as Iran war boosts energy prices
1+ mon, 1+ week ago (342+ words) Tuesday, March 31, 2026 at 9: 19 AM The annual rate for the 21 European Union member countries using the euro currency compared to 1. 9% for February before the war started and blocked supplies of oil and gas from the Persian Gulf. Energy prices increased 4. 9% percent…...
South Korea's Exports Expected to Surge Nearly 45% Amid AI Chip Boom
1+ mon, 1+ week ago (354+ words) Monday, March 30, 2026 at 1: 37 AM South Korea's exports are projected to jump 44. 9% in March, marking the strongest growth in almost five years driven by artificial intelligence chip demand. However, Middle East tensions are expected to push import costs higher due to…...
US Dollar Strengthens as Middle East Conflict Escalates, Yen Weakens
1+ mon, 1+ week ago (593+ words) Sunday, March 29, 2026 at 10: 21 PM The US dollar maintained its strength Monday, heading for its best monthly performance since July as ongoing Middle East tensions drive investors toward safe-haven assets. The conflict has disrupted global oil flows through the Strait of…...
Middle East Tensions Drive Oil Prices Higher After Weekend Attacks
1+ mon, 1+ week ago (377+ words) Sunday, March 29, 2026 at 7: 21 PM Crude oil prices surged Monday following weekend attacks by Yemen's Houthi rebels on Israel, marking their first strikes since the broader U. S. -Israel conflict with Iran began. The escalation has raised concerns about widening Middle East instability…...
Federal Reserve Official Says Economic Uncertainty Deepening Amid Global Conflicts
1+ mon, 1+ week ago (572+ words) Friday, March 27, 2026 at 11: 37 AM A Federal Reserve official stated that ongoing conflicts and emerging technologies are creating increased uncertainty for economic policy makers. The central bank is maintaining current interest rates while waiting for clearer economic signals. WASHINGTON " Economic uncertainty…...
U. S. Dollar Strengthens as Middle East Conflict Escalates, Peace Talks Stall
1+ mon, 1+ week ago (636+ words) Thursday, March 26, 2026 at 10: 21 PM The U. S. dollar climbed to multi-month highs Friday as investors sought safe-haven assets amid escalating Middle East tensions. Diplomatic efforts between Washington and Tehran show conflicting progress reports, while the Pentagon considers deploying 10, 000 additional troops to the…...