Economy Desk

Covering markets, economic policy, inflation, and business news that shapes financial decisions.

Federal Reserve Chair Kevin Warsh whose rate warning pulled Goldman Sachs GS stock down 0.75% on August 28 2026

Goldman Sachs Dips on Warsh Rate Fear, Four Days Before a $5 Dividend

Goldman Sachs closed at $1,025.49 on August 28, retreating 0.75% as Kevin Warsh's Jackson Hole rate warning pressured financials across the board. The bank posted EPS of $20.98 in Q2 — nearly

September 1, 2026

by Economy Desk

US Treasury Secretary Scott Bessent speaks at G20 finance ministers meeting about the Strait of Hormuz oil pipelines

Bessent Says Strait of Hormuz Will Be ‘Worthless’ in Two Years as Oil Shifts to Land

US Treasury Secretary Scott Bessent declared at the G20 finance ministers' meeting that the Strait of Hormuz will be 'worthless' in two years as oil shifts to land pipelines. The prediction landed on a day when Brent crude traded above

September 1, 2026

by Economy Desk

Gold and silver precious metals market September 2026 US spot price

The Fed Pivoted Hawkish at Jackson Hole. That Is Why Silver Is $66.79 Today and Not Higher.

Silver is at $66.79 per troy ounce on September 1, 2026 — 45% below February's $122

Silver bullion coins and bars reflecting India silver price today September 2026

After Falling 45% From Its February Record, Silver Opens India’s Festival Season at ₹255 to ₹263 Across Cities

Silver in India has fallen 45% from February's $122 global record, settling into a ₹255 to

Technicians work at a high-voltage electrical substation with transformers and insulators

Exelon CEO Warns US Could Face Blackouts as Early as 2027 as AI Drives Unprecedented Demand on Power Grid

The chief executive of Exelon, the largest US utility by customer count, warned the country could face blackouts as early as summer 2027, as AI data centers drive electricity demand far beyond

July 2, 2026

Business·Economy·News

Federal Reserve Chair Kevin Warsh speaks at the ECB Forum on Central Banking in Sintra, Portugal, July 1, 2026

Warsh Makes His Global Debut at Sintra, Declines to Signal July, and Buries Forward Guidance Alongside Lagarde and Bailey

Kevin Warsh made his first appearance on the global stage as Federal Reserve Chair at the ECB's Sintra forum on Wednesday, declining to hint at a July rate move while joining Christine

July 1, 2026

Business·Economy·News

Boeing 737 MAX aircraft on the assembly line at the Renton, Washington factory during Q2 2026 production

Boeing IT Outage Shut Down Factories Coast to Coast on the Last Day of Q2

A company-wide IT failure knocked Boeing's computer systems offline on June 30 — the final day of its second quarter — halting inspections, paperwork, and deliveries across 737 and 787 factories from

July 1, 2026

Business·News·Technology

Getty Images and Shutterstock logos as merger collapses after UK CMA divestiture demand

Getty Images Abandons $3.7 Billion Shutterstock Merger After UK Regulator Demands Divestiture of Rex Features and Backgrid

Getty Images is walking away from its $3.7 billion merger with Shutterstock after the UK Competition and Markets Authority demanded the full divestiture of Shutterstock's editorial business, including Rex Features, Splash News,

July 1, 2026

Business·News

Nike CEO Elliott Hill — Q4 2026 earnings beat on $986 million tariff refund, China fell 17%

Nike Q4 Profit Beat Was Powered by a $986 Million Tariff Refund. China Fell 17%.

Nike reported fiscal Q4 EPS of $0.35, beating the $0.28 estimate, but most of the margin expansion came from a $986 million tariff refund. Greater China revenue fell 17%, CEO Elliott Hill

July 1, 2026

Business·Markets·News

SEC headquarters Washington DC — Paul Atkins opens ETF rule review covering crypto and prediction market funds 2026

SEC Mulls New ETF Rules as a $16 Trillion Boom Outgrows the Regulatory Playbook

The SEC has opened a 60-day public comment period on a potential overhaul of its ETF rules — the first major review since 2019 — covering crypto funds, prediction-market ETFs, high-leverage products,

July 1, 2026

Business·Crypto·Markets·News

Worsley Alumina refinery, Western Australia — acquired by Alcoa from South32 in $4.1 billion deal 2026

Alcoa Buys South32’s Aluminum Assets for $4.1 Billion. South32’s New CEO Is Betting on Copper.

Alcoa has agreed to buy most of South32's aluminum assets for $4.1 billion in cash and stock, plus up to $750 million in contingent payments tied to commodity prices. South32's new CEO

July 1, 2026

Business·Markets·News

Bitcoin price chart showing 21-month low of $57,742 in July 2026

Bitcoin Hits 21-Month Low as Strategy’s First Sale Shatters the Market’s Last Guarantee and Fed Rate Fears Drain ETFs

Bitcoin fell to $57,742 on Wednesday — its lowest level since September 2024 — after Strategy Inc. disclosed its first Bitcoin sale in years, erasing the market's most important psychological guarantee while

July 1, 2026

Business·Crypto·News

Indian rupee currency traders monitor screens as Iran strikes rattle bond markets June 2026

Iran’s Weekend Strikes Put India’s First Rupee Gain Since February on the Line

The Indian rupee was on track for its first monthly gain since February, then Iran struck U.S. military sites in Kuwait and Bahrain. Now traders are navigating a collision between a domestic

June 29, 2026

Business·Economy·News

Gold bars and price chart showing decline amid US-Iran conflict and Federal Reserve rate hike expectations June 2026

Gold Is Falling Because the US-Iran War Is Making the Fed More Likely to Raise Rates

Gold fell 0.7% to $4,061 on June 29 as fresh US-Iran strikes in the Strait of Hormuz region lifted crude oil prices and stoked Federal Reserve rate hike expectations, pushing the metal

June 29, 2026

Business·Economy·Markets·News

Previous 1 … 47 48 49 50 51 … 81 Next

Economy Desk

Goldman Sachs Dips on Warsh Rate Fear, Four Days Before a $5 Dividend

Bessent Says Strait of Hormuz Will Be ‘Worthless’ in Two Years as Oil Shifts to Land

The Fed Pivoted Hawkish at Jackson Hole. That Is Why Silver Is $66.79 Today and Not Higher.

After Falling 45% From Its February Record, Silver Opens India’s Festival Season at ₹255 to ₹263 Across Cities

Exelon CEO Warns US Could Face Blackouts as Early as 2027 as AI Drives Unprecedented Demand on Power Grid

Warsh Makes His Global Debut at Sintra, Declines to Signal July, and Buries Forward Guidance Alongside Lagarde and Bailey

Boeing IT Outage Shut Down Factories Coast to Coast on the Last Day of Q2

Getty Images Abandons $3.7 Billion Shutterstock Merger After UK Regulator Demands Divestiture of Rex Features and Backgrid

Nike Q4 Profit Beat Was Powered by a $986 Million Tariff Refund. China Fell 17%.

SEC Mulls New ETF Rules as a $16 Trillion Boom Outgrows the Regulatory Playbook

Alcoa Buys South32’s Aluminum Assets for $4.1 Billion. South32’s New CEO Is Betting on Copper.

Bitcoin Hits 21-Month Low as Strategy’s First Sale Shatters the Market’s Last Guarantee and Fed Rate Fears Drain ETFs

Iran’s Weekend Strikes Put India’s First Rupee Gain Since February on the Line

Gold Is Falling Because the US-Iran War Is Making the Fed More Likely to Raise Rates

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

Latest Posts

Ariana Grande Ends Her Tour in London in Tears, Then Steps Back From Public Life

Mudryk Chose Tottenham for One Reason and His Name Is Roberto De Zerbi

Russia’s EU Mission Calls Leipzig Drone Incident EU Provocation to Hide Internal Crisis

Erdogan Opens the Door to Full SCO Membership, Signaling Turkey’s Eastward Pivot

Economy Desk

Follow

Latest Posts