4+ hour, 4+ min ago  (375+ words) The U. S. -Israel war with Iran has already cost companies around the world at least $25 billion, according to a new report. Reuters reported Monday that at least 279 publicly listed companies in the United States, Europe, and Asia have cited the war…...

5+ hour, 5+ min ago  (477+ words) Social Security cost-of-living adjustments in the United States for 2027 are being linked to inflation trends that continue to show persistent pressure in energy, housing and services, according to reporting based on federal data and economic estimates. The projected adjustment is…...

1+ day, 2+ hour ago  (409+ words) Finance minister of the Group of Seven (G7) will meet in Paris on Monday as economic growth concerns and the shocks of the Middle East conflict grab the spotlight in the high-profile conclave. The meet also assumes significance as it comes…...

2+ day, 3+ hour ago  (611+ words) Europe is spending more on its military than at any point since the 1950s. Defense budgets are climbing across the continent. New targets have been set, new factories are being built, and the political will to rearm " absent for decades " has…...

2+ day, 4+ hour ago  (419+ words) Don't look now, but the pain from high energy prices might be about to bite Americans twice. And this week brought an even starker signal: the yield on the 30-year Treasury bond rose to 5. 127% " its highest level since 2007. On Wednesday,…...

3+ day, 6+ hour ago  (304+ words) A new assessment of corporate climate risk has found that extreme weather events are placing nearly $1 trillion in potential financial exposure across global companies, cities and financial systems, underscoring the growing economic impact of floods, heatwaves, storms and wildfires. Corporate…...

4+ day, 2+ hour ago  (442+ words) Consumer sentiment in the U. S. has fallen to its lowest level on record, underscoring continued pressure on households from elevated prices, geopolitical instability and prolonged economic uncertainty. The University of Michigan Surveys of Consumers showed that its preliminary May reading dropped…...

5+ day, 34+ min ago  (420+ words) The Senate confirmed on Wednesday Kevin Warsh as the next chair of the Federal Reserve, replacing Jerome Powell. The vote was largely along party lines and followed the one on Tuesday that confirmed him as governor of the central bank....

5+ day, 9+ hour ago  (449+ words) While the stalemate in the Iran war continues and the Strait of Hormuz remains closed, soaring energy costs are taking over most headlines. However, prices are increasing in other sectors as well. According to the Bureau of Labor Statistics, the…...

6+ day, 1+ hour ago  (202+ words) The Senate on Tuesday confirmed Kevin Warsh as governor of the Fed, taking another step towards replacing Jerome Powell as chair of the central bank. The Upper House voted 51-45 to confirm Warsh for a 14-year term as one of the…...