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

4,096 total articles

Markets Rally on Signs of Iran De-escalation, but Caution Lingers

Markets Rally on Signs of Iran De-escalation, but Caution Lingers

Global markets rallied as comments from U.S. President Donald Trump suggesting a possible end to U.S. military strikes on Iran within two to three weeks boosted risk sentiment. Asia-Pacific equities led gains, with MSCI's index outside Japan jumping 4.3% and South Korea's Kospi surging as much as 7.7% after strong export and manufacturing data. Inv…

UAE Readies to Back Coalition Effort to Reopen Strait of Hormuz, Officials Say

UAE Readies to Back Coalition Effort to Reopen Strait of Hormuz, Officials Say

Arab officials say the United Arab Emirates is preparing to support U.S. and allied efforts to reopen the Strait of Hormuz by force and is seeking a U.N. Security Council resolution to authorize such an operation. Emirati diplomats are reported to be urging American, European and Asian partners to form a coalition to restore passage as Tehran has e…

UK low-pay advisers flag roughly 3.7% minimum wage increase for 2027

UK low-pay advisers flag roughly 3.7% minimum wage increase for 2027

The Low Pay Commission has proposed that Britain’s national minimum wage may need to increase by about 3.7% in 2027 to keep pace with expected average earnings growth, projecting a central rate of 13.18 pounds an hour while opening an annual consultation with employers, unions and the public. The projection is provisional and the commission said th…

DHS Temporarily Halts Warehouse Detention Plan as New Secretary Reviews Policy

DHS Temporarily Halts Warehouse Detention Plan as New Secretary Reviews Policy

The Department of Homeland Security has put on hold plans to repurpose large warehouses for immigrant detention while newly appointed Secretary Markwayne Mullin reviews a controversial program initiated under Kristi Noem. Documents show the prior plan called for $38.3 billion in spending by year-end to establish detention centers to hold and proces…

Trump Says U.S. Forces Will Exit Iran 'In Two or Three Weeks'

Trump Says U.S. Forces Will Exit Iran 'In Two or Three Weeks'

President Trump told reporters that U.S. military forces will withdraw from Iran within two to three weeks, saying the objective of eliminating the country's nuclear threat has been met. He confirmed ongoing operations, including strikes on missile-making facilities, and said the United States does not require a separate agreement with Iran to depa…

Quarter Closes on a Surge as Middle East De-escalation Hopes Lift Markets

Quarter Closes on a Surge as Middle East De-escalation Hopes Lift Markets

Global equity markets finished the first quarter with a dramatic rally as signs of potential easing in the Middle East conflict drove risk appetite. The upside came despite fresh data showing a fall in U.S. job openings and hiring. Energy markets, megacap performance and pronounced volatility marked a quarter with wide swings across regions and ass…

OpenAI Raises $122 Billion in Landmark Financing Round at $852 Billion Valuation

OpenAI Raises $122 Billion in Landmark Financing Round at $852 Billion Valuation

OpenAI closed a $122 billion funding round that values the company at $852 billion post-money. The financing was anchored by Amazon, NVIDIA and SoftBank, with Microsoft maintaining involvement. The company also expanded its credit facility, drew new infrastructure and chip partnerships, reported robust user and revenue metrics, and said it is assem…

White House: U.S. Forces Poised to Deter Any Iranian Strikes

White House: U.S. Forces Poised to Deter Any Iranian Strikes

A White House official, speaking on condition of anonymity, said U.S. military forces are prepared to counter and curtail attacks by Iran after the Islamic Revolutionary Guard Corps announced plans to target American companies in the region beginning April 1. The official pointed to a roughly 90% reduction in ballistic missile and drone strikes by …

Federal Judge Puts Trump’s $400 Million White House Ballroom Plan on Hold

Federal Judge Puts Trump’s $400 Million White House Ballroom Plan on Hold

A U.S. district judge on Tuesday issued a preliminary injunction blocking construction of a $400 million, 90,000-square-foot ballroom on the site of the White House’s demolished East Wing. The injunction, granted to the National Trust for Historic Preservation, halts the project while the group’s lawsuit — which argues the demolition and new constr…

Monzo to Exit U.S., Concentrate on UK and European Expansion

Monzo to Exit U.S., Concentrate on UK and European Expansion

Monzo announced it will withdraw from the United States to concentrate on scaling operations in the United Kingdom and across Europe. The company highlighted its 15 million UK customer base and the prospects opened by a European banking licence. Reports indicate it will halt new U.S. customer sign-ups, lay off about 50 staff and allow existing U.S.…

Kansas City Fed's Schmid Warns Energy-Driven Inflation Could Hold Near 3%

Kansas City Fed's Schmid Warns Energy-Driven Inflation Could Hold Near 3%

Federal Reserve Bank of Kansas City President Jeff Schmid warned that the recent surge in energy prices related to the Iran conflict risks keeping inflation closer to 3%, and urged policymakers not to assume the shock will be temporary. He highlighted the likely transmission of higher oil and gas costs into core inflation via transportation channel…