Economy Desk

The Economy Desk leads The Eastern Herald's coverage of global markets, monetary policy, and corporate earnings — including the Federal Reserve, the European Central Bank, OPEC+ output decisions, and the largest US-listed technology and energy companies.

Delegates at the SPIEF 2026 closing session in St. Petersburg, Russia

SPIEF 2026 Closes With $89.57 Billion in Deals as 142 Nations Defy Sanctions to Do Business With Russia

Russia's flagship investment forum closed Saturday with 1,084 agreements totaling 6.64 trillion rubles — a marginal increase on both the 2024 and 2025 figures — signed under conditions of record Western sanctions

June 6, 2026

by Economy Desk

Attendees at SPIEF 2026 St. Petersburg International Economic Forum energy panel

Energy Transition Faces a Metal Reckoning, Sechin Warns at SPIEF 2026

Rosneft CEO Igor Sechin told the SPIEF 2026 energy panel that metal consumption in electricity generation, electric transport, and power grids will require nearly 200 million additional tonnes by mid-century — a supply challenge he said the world is not

June 6, 2026

by Economy Desk

Japan-linked crude oil tanker near the Strait of Hormuz during the Iran crisis, 2026

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

The Eneos Endeavor, a supertanker managed by Japan's largest refiner, discharged the last of its 2.15

Signage of a leading US artificial intelligence company as Washington weighs taking equity stakes in the AI industry

Trump Floats US Government Equity Stakes in Top AI Companies

President Trump says his administration is weighing whether the US government should take equity stakes in

Stock market today rally as oil prices fall amid Iran war exit signals on Wall Street trading floor

Stock Market Today Surges as Oil Drops and Iran War Exit Signals Lift Wall Street

NEW YORK — A sharp rally swept across Wall Street on Wednesday, offering investors a moment of relief after weeks of volatility driven by war, energy shocks, and mounting global uncertainty. The

April 2, 2026

Business·News

US gas prices cross $4 per gallon amid Iran war and Strait of Hormuz oil disruption

US Gas Prices Cross $4 as Iran War Disrupts Global Oil Supply and Hormuz Shipping

The price of gasoline across the United States has surged past $4 per gallon for the first time in nearly four years, a stark economic signal of how rapidly a distant war

April 1, 2026

Business·Economy·News

US gas prices surge above $4 amid Trump Iran war and Strait of Hormuz crisis

Yes proceed Step 3, and scan The Eastern Herald and list internal Live verified News article links, no tags, category, and topic links. only live links verify them

WASHINGTON — The sharp rise in US gas prices, now climbing past $4 a gallon in many regions, is no longer just a story of market volatility. It is the direct economic

April 1, 2026

Business·Economy

Dow rises while Nasdaq falls amid Iran war market volatility

Dow Holds Gains While Nasdaq Slips as Iran War and Oil Shock Rattle Global Markets

Global financial markets entered another volatile phase on Monday as investors struggled to price in the deepening economic consequences of the ongoing Iran war, now in its fifth week, with oil shock,

March 31, 2026

Business·News

Wreckage of Air Canada aircraft after runway collision

Air Canada CEO Resigns Under Scrutiny After English Only Crash Video Sparks Quebec Outrage

In the aftermath of a deadly runway collision at New York’s LaGuardia Airport, Air Canada’s leadership has been thrust into a crisis that extends far beyond aviation safety. Chief Executive Michael Rousseau

March 31, 2026

Business·News

Oil tanker burning in Strait of Hormuz amid Iran war disrupting global energy supply

Iran War Triggers Oil Shock, Global Markets Spiral as Energy Crisis Deepens

The unfolding crisis is now dominating global headlines, reshaping energy geopolitics, and driving what analysts describe as the most volatile phase in global oil markets 2026. The global economy has entered a

March 28, 2026

Business·Conflicts, Military and War·News

Wall Street traders react as oil prices surge above $110 amid Iran crisis

Wall Street Crash Deepens as Oil Shock and Iran Crisis Trigger Global Market Panic

The tremors began quietly in early trading but soon cascaded into a full-scale selloff that rippled across global markets. By the closing bell on March 26, Wall Street had delivered its clearest

March 28, 2026

Business·News

Meta and Google social media addiction lawsuit courtroom verdict

Meta and Google Found Liable in Landmark Social Media Addiction Trial That Could Reshape Big Tech

In a decision that could reverberate across courtrooms, boardrooms, and regulatory agencies worldwide, a Los Angeles jury has found Meta and Google liable for designing social media platforms that contributed to the

March 27, 2026

Business·News

Wall Street traders react as oil prices surge above $100 amid Iran tensions

Stock Market Today: Wall Street Swings as Iran Tensions and Oil Shock Rattle Global Markets

Wall Street’s brief rally this week has given way to renewed turbulence, as global markets grapple with a rapidly escalating geopolitical crisis centered on Iran and its far-reaching consequences for oil, inflation,

March 26, 2026

Business·News

Oil tankers disrupted in Strait of Hormuz amid Iran crisis causing global energy shock

Global Recession Fears Surge as Iran Crisis Could Push Oil to $150, BlackRock Chief Warns

WASHINGTON — A stark warning from one of the world’s most influential financial leaders has sent fresh shockwaves through global markets, as fears mount that the escalating Iran crisis could tip the

March 26, 2026

Business·Economy·News

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Economy Desk

SPIEF 2026 Closes With $89.57 Billion in Deals as 142 Nations Defy Sanctions to Do Business With Russia

Energy Transition Faces a Metal Reckoning, Sechin Warns at SPIEF 2026

Eneos Endeavor Docks at Negishi Refinery, Second Japanese Tanker to Clear Hormuz Since Iran War

Trump Floats US Government Equity Stakes in Top AI Companies

US Gas Prices Cross $4 as Iran War Disrupts Global Oil Supply and Hormuz Shipping

Yes proceed Step 3, and scan The Eastern Herald and list internal Live verified News article links, no tags, category, and topic links. only live links verify them

Dow Holds Gains While Nasdaq Slips as Iran War and Oil Shock Rattle Global Markets

Air Canada CEO Resigns Under Scrutiny After English Only Crash Video Sparks Quebec Outrage

Iran War Triggers Oil Shock, Global Markets Spiral as Energy Crisis Deepens

Wall Street Crash Deepens as Oil Shock and Iran Crisis Trigger Global Market Panic

Meta and Google Found Liable in Landmark Social Media Addiction Trial That Could Reshape Big Tech

Stock Market Today: Wall Street Swings as Iran Tensions and Oil Shock Rattle Global Markets

Global Recession Fears Surge as Iran Crisis Could Push Oil to $150, BlackRock Chief Warns

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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