Economy Desk

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

Russian Arctic LNG carrier vessel transporting liquefied natural gas

South Korea Asks UK for Exemption From New Sanctions on Russian LNG – Reports

South Korea's trade ministry formally asked London for an exemption from incoming UK restrictions on Russian LNG Wednesday, citing Korea Gas Corp's Sakhalin-2 contract running to March 2028. Seoul is seeking the

August 7, 2026

by Economy Desk

Hungary extreme heat losses $157 million Paks nuclear plant Danube low water levels

Hungary’s Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

Hungary's Paks nuclear power plant has been forced to reduce and nearly halt operations after an extreme heat wave drove the Danube's water level dangerously low, with Prime Minister Peter Magyar estimating budget losses of up to 137 million euros.

August 3, 2026

by Economy Desk

Japan 10000 yen banknotes reflecting joint US-Japan currency market intervention July 31 2026

Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

Finance Minister Satsuki Katayama confirmed Japan's July 31 yen intervention was coordinated with the US Treasury,

Powerball Jackpot Hits $748 Million for Monday Drawing After Another Weekend Shutout

The Powerball jackpot grew to $748 million for Monday's drawing after Saturday's tickets produced no winner.

Oil tankers anchored near the Strait of Hormuz during the 2026 Gulf conflict disrupting global oil exports

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

The widening war across the Persian Gulf has triggered one of the most severe disruptions to global energy markets in decades, with Iraqi oil production collapsing after tanker traffic through the strategic

March 9, 2026

Business·Economy·News

Wall Street traders react as Dow, S&P 500 and Nasdaq rebound on Iran war de-escalation hopes

Dow, S&P 500 and Nasdaq Rebound on Iran War De-Escalation Hopes and Strong US Jobs Data

Wall Street climbed on renewed optimism that diplomatic channels may ease tensions surrounding the escalating conflict involving Iran, even as energy markets signaled that geopolitical risk remains firmly embedded in global pricing.

March 4, 2026

News

Global stock markets plummet as oil prices surge amid Iran conflict escalation

Global Stock Markets Plunge as Iran Conflict Triggers Oil Shock and Geopolitical Panic

Global markets slide as oil soars on US-Israel war and Iran tensions triggered widespread selling across global stock markets after the escalation of conflict involving the US, Israel, and Iran, reverberating from

March 4, 2026

Economy·News

Brent crude oil price spikes as global markets slide amid Middle East war tensions

Global Markets Slide as Oil Soars on US-Israel War and Iran Tensions

Global financial markets plunged on March 1 and 2, 2026, as the widening Middle East war escalation and regional instability, especially the US-Israel air war against Iran, rattled investors and drove crude

March 3, 2026

Business·Economy·News

Oil tanker transits the Strait of Hormuz as oil prices surge following US and Israeli strikes on Iran

Oil Prices Explode After US-Israel Strikes on Iran, $100 Barrel Now Almost Certain

Global oil markets surged into crisis mode after coordinated strikes by the United States and Israel against Iran over the weekend, triggering a sharp rally in crude prices and reigniting fears of

March 2, 2026

Business·Economy·News

Meta AMD AI chip deal powering 6GW AI data center infrastructure

Meta and AMD Ink Massive 6GW AI Chip Partnership, Challenging Nvidia’s Dominance

The race to dominate artificial intelligence infrastructure intensified on Tuesday when Meta Platforms struck one of the largest AI chip supply agreements in corporate history, underscoring how the battle for compute power

February 24, 2026

Business·News·Technology

Traders react as Dow Jones plunges over 700 points after Trump tariff announcement

Markets Ripped Lower: Trump’s Tariff Escalation Sends Wall Street Into Turmoil

Wall Street recoiled on Monday as sweeping new tariff measures from President Donald Trump sent tremors through global markets, reviving fears of a prolonged trade confrontation and deepening concerns about the trajectory

February 24, 2026

Business·News

Las Vegas hotel linked to Legionnaires’ disease lawsuit after tourist death

Fatal Legionnaires’ Disease Case in Las Vegas Spurs Lawsuit and Health Investigations

The estate of Gary Curtis Jones, an Alabama businessman who died after contracting Legionnaires’ disease following a work trip to Las Vegas, has filed a wrongful-death lawsuit against two off-Strip casino resorts,

February 21, 2026

News

US Capitol and cargo containers symbolizing 2025 US economic slowdown amid tariffs and shutdown

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

The United States entered 2026 confronting an uncomfortable reality: the world’s largest economy is no longer expanding with the confidence its policymakers promised. Official figures show that gross domestic product grew just

February 21, 2026

Economy·News

Open-source AI agent interface running locally on a laptop computer

OpenAI Strengthens AI Agent Strategy With Hire of OpenClaw Founder

OpenAI has hired Austrian developer Peter Steinberger, creator of the viral open-source AI agent project OpenClaw, in a move that underscores the intensifying race to build artificial intelligence systems capable of acting

February 16, 2026

Business·News

Previous 1 … 51 52 53 54 55 … 58 Next

Economy Desk

South Korea Asks UK for Exemption From New Sanctions on Russian LNG – Reports

Hungary’s Losses From Extreme Heat Could Reach $157 Million, Prime Minister Says

Japan Confirms Joint Yen Intervention With US Treasury, First Coordinated Action Since 2011

Powerball Jackpot Hits $748 Million for Monday Drawing After Another Weekend Shutout

Iraqi Oil Production Collapses as Strait of Hormuz Blocked by War

Dow, S&P 500 and Nasdaq Rebound on Iran War De-Escalation Hopes and Strong US Jobs Data

Global Stock Markets Plunge as Iran Conflict Triggers Oil Shock and Geopolitical Panic

Global Markets Slide as Oil Soars on US-Israel War and Iran Tensions

Oil Prices Explode After US-Israel Strikes on Iran, $100 Barrel Now Almost Certain

Meta and AMD Ink Massive 6GW AI Chip Partnership, Challenging Nvidia’s Dominance

Markets Ripped Lower: Trump’s Tariff Escalation Sends Wall Street Into Turmoil

Fatal Legionnaires’ Disease Case in Las Vegas Spurs Lawsuit and Health Investigations

US Economic Strategy Falters in 2025: Tariffs, Shutdowns, and Structural Drag Cloud Future Growth

OpenAI Strengthens AI Agent Strategy With Hire of OpenClaw Founder

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

UAE Says IRGC Missile Struck ADNOC Tanker in Strait of Hormuz

Drone Crosses from Romania into Bulgaria, Explodes Near Trans-Balkan Pipeline Station

Greenland Issues Formal Warning to US Oil Company Over Unauthorized Drilling Equipment

Sara Tendulkar’s Mumbai Grizzlies Rise to Second, Peyush Bansal’s Delhi Sharks Stay on Top of Global E-cricket Premier League Season 3

Economy Desk

Follow

Latest Posts