Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

4,089 total articles

Covert Outpost in Iraq Supported Israel’s Air Campaign Against Iran, Sources Say

Covert Outpost in Iraq Supported Israel’s Air Campaign Against Iran, Sources Say

People familiar with the matter, including U.S. officials, say a clandestine Israeli military outpost in Iraq's western desert was established to support a five-week air campaign against Iran. The facility, built shortly before the conflict with U.S. awareness, hosted special forces and search-and-rescue teams and was defended by strikes after Iraq…

Merz Affirms European Commitment to NATO, Echoes U.S. Aim to End Iran Conflict

Merz Affirms European Commitment to NATO, Echoes U.S. Aim to End Iran Conflict

German Chancellor Friedrich Merz said Europe remains committed to a robust NATO and shares the United States' objective of ending the war with Iran and preventing Tehran from acquiring nuclear weapons. Speaking in Stockholm with Swedish Prime Minister Ulf Kristersson, Merz called for preserving the transatlantic alliance despite recent strains betw…

Starmer Taps Gordon Brown to Lead on Global Finance as Labour Seeks Reset

Starmer Taps Gordon Brown to Lead on Global Finance as Labour Seeks Reset

Prime Minister Keir Starmer has appointed former prime minister Gordon Brown as his adviser on global finance and cooperation and named Harriet Harman as his adviser on women and girls. The moves come as Labour reels from heavy municipal losses, sparking internal demands for a leadership change and adding fresh political pressure amid a cost-of-liv…

Allies Anticipate Further U.S. Troop Reductions in Europe After German Withdrawals

Allies Anticipate Further U.S. Troop Reductions in Europe After German Withdrawals

European governments are preparing for the possibility that U.S. President Donald Trump will announce more troop withdrawals from the continent following an order to remove 5,000 personnel from Germany. Diplomats and officials cited options that include cuts in Italy, cancellation of planned missile deployments in Germany, reduced participation in …

Goldman Warns Rapid Drawdown in Global Oil Stocks Could Produce Local Shortages

Goldman Warns Rapid Drawdown in Global Oil Stocks Could Produce Local Shortages

Goldman Sachs Commodities Research warns that while global oil inventories remain above official emergency thresholds on aggregate, the pace at which stocks are being drawn down and their uneven regional distribution are creating the risk of localized shortages. Immediate pressure is concentrated in petrochemical feedstocks and jet fuel in Europe a…

SiamAI Denies U.S. Export Violation Claims as Probe Targets AI Hardware Shipments

SiamAI Denies U.S. Export Violation Claims as Probe Targets AI Hardware Shipments

SiamAI, a Bangkok-based technology company, formally rejected accusations that it helped route advanced AI servers to China in breach of U.S. export rules. The firm reiterated compliance with U.S. export and re-export controls as U.S. prosecutors allege billions in sensitive American AI technology were diverted to China during a concentrated window…

U.S. Targets Three Chinese Imagery Firms, Citing Intelligence Support to Iran

U.S. Targets Three Chinese Imagery Firms, Citing Intelligence Support to Iran

The U.S. government announced sanctions on three Chinese satellite imagery companies, alleging they delivered satellite imagery and data to Iran that assisted attacks on American forces in the Middle East. The action - which also added Iran’s Ministry of Defence Export Center to the list - arrives days before a high-level U.S.-China summit in Beiji…

China's April Trade Surges as AI-Driven Imports Outpace Exports

China's April Trade Surges as AI-Driven Imports Outpace Exports

China reported a stronger-than-expected rebound in exports in April, with outbound shipments rising 14.1% year-on-year. Imports climbed even more sharply, up 25.3%, driven by purchases of high-end semiconductors and power equipment tied to artificial intelligence infrastructure. The result was a trade surplus of $84.82 billion, even as shipping dis…

New Agreement Reached for Management of Washington, D.C. Public Golf Courses

New Agreement Reached for Management of Washington, D.C. Public Golf Courses

A new agreement has been finalized between the Trump administration and the National Links Trust, a non-profit organization responsible for the management of Washington, D.C.'s public golf courses. On Friday, both parties issued a joint statement outlining a restructured arrangement for the city's three public golf facilities. Under the terms of th…

North Korean Leadership Reaffirms Strategic Defense Alliance with Russia

North Korean Leadership Reaffirms Strategic Defense Alliance with Russia

In a significant diplomatic development, North Korean leader Kim Jong Un has reaffirmed his nation's dedication to its mutual defense pact with the Russian Federation. In a formal communication sent to President Vladimir Putin on Saturday, marking the anniversary of the defeat of Nazi Germany in World War Two, Kim emphasized that the partnership be…

Federal Court Delays Approval of Musk-SEC $1.5 Million Settlement

Federal Court Delays Approval of Musk-SEC $1.5 Million Settlement

A federal judge in Washington, D.C., has refused to grant immediate approval to a $1.5 million settlement reached between Elon Musk and the U.S. Securities and Exchange Commission (SEC). The ruling, issued by U.S. District Judge Sparkle Sooknanan, indicates that the court requires more detailed information concerning the negotiation process of the …

Labour Leadership Under Pressure Following Significant Local Election Losses

Labour Leadership Under Pressure Following Significant Local Election Losses

The Labour Party is grappling with a crisis of leadership following a substantial defeat in the United Kingdom's local elections. Prime Minister Keir Starmer’s authority is being challenged internally after the party lost more than 1,400 council seats. This electoral downturn represents a significant setback for a party that secured a landslide gen…

IMF Forecasts $2.5 Billion Net Income for 2026 Fiscal Year Amid Global Volatility

IMF Forecasts $2.5 Billion Net Income for 2026 Fiscal Year Amid Global Volatility

Following an annual review of its financial position for the fiscal year concluding April 30, the International Monetary Fund (IMF) has released updated projections regarding its future earnings and budgetary framework. The organization's board expects to realize a net income of approximately $2.5 billion during the 2026 financial year. This outloo…

New York Joins Federal School Choice Initiative via Tax Credit Program

New York Joins Federal School Choice Initiative via Tax Credit Program

In a significant shift in education policy, New York Governor Kathy Hochul has announced her intention to participate in the federal school choice program established by President Donald Trump. According to reports and a statement released on Friday, this decision positions Hochul as one of the rare Democratic leaders to embrace the initiative. The…

Colombia Inflation Accelerates to 5.68% in April as Monthly Prices Hold Steady

Colombia Inflation Accelerates to 5.68% in April as Monthly Prices Hold Steady

Data released on Friday by the national statistics agency, DANE, indicates that Colombia experienced a slight uptick in its 12-month inflation rate for April. Consumer prices rose by 0.78% during the month, which matched the previous month's performance but pushed the cumulative annual inflation rate up to 5.68%. This figure represents an increase …

Federal Judge Delays Approval of Musk-SEC Settlement Over Fairness Concerns

Federal Judge Delays Approval of Musk-SEC Settlement Over Fairness Concerns

A federal judge has declined to provide immediate approval for a settlement reached between the U.S. Securities and Exchange Commission (SEC) and Elon Musk. The proposed $1.5 million agreement aims to resolve an SEC lawsuit regarding Musk's acquisition of Twitter shares in early 2022. However, U.S. District Judge Sparkle Sooknanan, presiding in Was…