IMF Warns Sustained Oil Price Rise Could Elevate Global Inflation Amid Middle East Tensions
IMF warns sustained oil price rise could elevate global inflation amid Middle East tensions.
Economy
Iran war sends shockwaves through African fuel market and economies
Surging oil prices from the Iran war are threatening higher fuel costs, rising inflation, and currency pressure across Africa.
Cyprus Prioritizes Youth Employment in New Labour Strategy as Unemployment Remains High
Cyprus has prioritized youth employment in its new labor strategy, as unemployment among under-25s remains at 15%.
2 Reflationists Tapped as BOJ Policy Board Members
Japan's government has nominated two reflationists to the Bank of Japan's Policy Board, signaling a potential shift in monetary strategy.
US Retail Sales Drop 0.2% in January Amid Consumer Caution
US retail sales dropped 0.2% in January, raising concerns about consumer spending and the health of the economy.
US Jobs Report Missed Expectations, Stoking Fed Dilemma
The US added just 92,000 jobs in February, raising concerns over economic stagnation amid rising oil prices.
The number that moves markets every month just got a new formula. Here’s what changed.
The Bureau of Labor Statistics updated its jobs report formula to improve accuracy and reduce revisions.
Strait of Hormuz Closure Threatens Global Food and Consumer Prices
Closure of the Strait of Hormuz threatens food security and consumer prices worldwide.
Strait of Hormuz Tensions Push Oil Prices Up, Dow Futures Slide Amid Geopolitical Risks
Oil prices climb as Strait of Hormuz tensions rise, pushing Dow futures lower amid fears of supply disruption and inflationary pressures.
India Reports 7.8% GDP Growth in Q4 2025 Amid Economic Overhaul
India's economy grew 7.8% in Q4 2025, driven by strong consumer spending and a revised data framework.
Treasury Yield Falls Below 4%
U.S. 10-year Treasury yield dips below 4% amid market volatility and rising inflation data.
Fed’s Miran: Four Rate Cuts Still Warranted This Year, Labor Market Not ‘All Clear’
Federal Reserve Governor Stephen Miran says four rate cuts are still warranted this year, as the labor market needs support and inflation remains a concern.
BUSA Backs 2026 Budget but Calls for Faster Growth and Municipal Reform
BUSA supports the 2026 budget but urges faster growth and stronger municipal reforms to address unemployment and inequality.
Cross-border payments backbone of international monetary, financial systems – Cardoso
Cross-border payments have become the backbone of the international monetary and financial system, Nigeria's Central Bank Governor Yemi Cardoso declared Thursday. He called for digital reforms to slash costs and boost inclusion in developing economies.
New home sales outpace forecasts, signaling strength in housing market By Investing.com
New single-family home sales in the US jumped to a 745,000 annualized rate last month, topping economist forecasts of 732,000. The surge from June's 656,000 rate points to renewed buyer demand in the housing sector.