News
US Fed expected to hold rates steady as Iran war roils outlook
4+ hour, 19+ min ago (712+ words) The US-Israel war on Iran has seen energy infrastructure damaged across the Middle East, sending shockwaves through global markets US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on…...
Stocks slide as oil soars past $100 on Mideast war
5+ day, 18+ hour ago (663+ words) Oil prices have soared as the conflict has seen strikes on facilities across the Middle East Stock markets slumped as energy prices soared on Monday on supply disruptions from the Middle East war drove volatility and fanned inflation fears." Oil…...
Venezuela inflation hit 475% in 2025, the world's highest level
1+ week, 1+ day ago (532+ words) Inflation in Venezuela soared in 2025, driven by tightening US sanctions Venezuela ended 2025 with475 percent inflation, after its economy was hammered by US President Donald Trump's maximum pressure campaign Venezuelan inflation soared to 475 percent in 2025, the highest in the world, driven by…...
China says 'clearly aware' of economic risks, vows to boost spending
1+ week, 1+ day ago (451+ words) China's top economic planning body vowed to boost sluggish consumption in the world's second-largest economy after announcing the lowest growth target in decades China's leaders are "clearly aware" of challenges facing growth, the head of the country's top economic planning…...
U.S. cut 92,000 jobs in 'dismal' February report, unemployment 4.4%
1+ week, 1+ day ago (346+ words) (The Center Square) - The U.S. economy lost 92,000 jobs in February, a significant cut after January saw a better-than-expected report, according to the Bureau of Labor Statistics." The unemployment rate remained steady at 4.4%. The rate only marginally increased from its 4.3% rate in…...
War in Middle East raises stagflation fears in Europe and beyond
1+ week, 1+ day ago (641+ words) price increases are already evident for fuels such as petrol Global energy prices have shot upwards after the US and Israel unleashed war in the Middle East, but just how far those shocks will ripple across the economy remains unclear....
European, US stocks back in sell-off mode as oil prices surge
1+ week, 2+ day ago (540+ words) Global markets have been in turmoil since the United States and Israel started their campaign against Iran Oil prices pushed higher while US and European stocks dropped on Thursday as investors tracked developments on the sixth day of the Middle…...
In search of affordability: How North Carolina ranks for cost of living
1+ week, 2+ day ago (1054+ words) If there's one issue that every single American is dealing with these days, it's that costs are going up. Food, shelter, energy " the bills just keep getting bigger, and the affordability of daily life is being strained. But here's some…...
China sets lowest growth target in decades as consumption lags
1+ week, 3+ day ago (805+ words) China is staging its annual 'Two Sessions' conclave of political meetings in the Great Hall of the People to set economic and social targets for the year ahead China set its lowest annual growth target in decades as it tackles…...
US Fed warns 'economic uncertainty' weighing on consumers
1+ week, 3+ day ago (429+ words) The Federal Reserve has warned that the cost of tariffs -- a signature policy of President Donald Trump -- are increasingly being passed on to consumers The US Federal Reserve warned Wednesday that increased economic uncertainty was impacting consumer sentiment, as President…...