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

Oracle signage as the company cuts 21,000 jobs and cites its own AI adoption

Oracle Cut 21,000 Jobs and Named the Cause: Its Own AI

Oracle told the Securities and Exchange Commission that it cut 21,000 jobs over the past year, roughly one in eight, and blamed its own AI adoption. The disclosure landed even as the

June 25, 2026

Artificial Intelligence·Business·News·Technology

Google parent Alphabet as it joins the Dow Jones Industrial Average, replacing Verizon, June 2026

Alphabet Replaces Verizon in the Dow as the Index Bets Bigger on AI

On June 29, Alphabet replaces Verizon in the Dow Jones Industrial Average, tilting the price-weighted benchmark harder toward the AI trade than ever before. The swap lands just as Wall Street questions

June 25, 2026

Business·Markets·News

An aviation fuel tanker refuelling an aircraft, illustrating jet fuel supply

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India raised export duties on aviation turbine fuel and diesel from June 16 while leaving petrol untouched, a move that looks backward until you stop watching crude. With oil prices falling after

June 18, 2026

Economy·News

An IndiGo aircraft at the inaugural commercial flight at Noida International Airport Jewar on June 15 2026

India’s Capital Region Gets Its Second Air Hub as Noida International Airport Opens

Noida International Airport at Jewar began commercial operations on Sunday, with IndiGo flying the inaugural route from Lucknow. The Delhi NCR now has its second international air hub, with capacity scaling from

June 18, 2026

News·Travel

Centene Corporation community outreach event, with volunteers at a food bank

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Centene is offering buyouts to most of its 61,000 employees, citing a 6 percent drop in plan membership, the expiration of enhanced ACA subsidies, and the prospect of $900 billion in Medicaid

June 18, 2026

Business·Health·News

Electronic board showing Nikkei 225 stock prices in Tokyo as chip stocks rally on the US-Iran ceasefire

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

A war that had hung over every chip stock for weeks came off the screens on Monday, and the money rushed back. SoftBank jumped as much as 12 percent, TSMC and Samsung

June 18, 2026

Business·Economy·News·Technology

Container ships and stacked cargo containers at a port, illustrating India's record May merchandise exports

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

India's merchandise exports hit an all-time monthly high of $45.2 billion in May, an 18 percent jump. But a sharper rise in oil and gold imports widened the goods trade deficit, leaving

June 16, 2026

Business·Economy·News

Nvidia Endeavor headquarters building in Santa Clara, California

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Nvidia sold $25 billion of bonds, its first investment-grade offering in five years, and investors put in $85 billion of orders. The company that profits most from the AI boom is now

June 16, 2026

Business·Economy·News·Technology

A sneaker store interior, illustrating the Accent Group footwear retail takeover bid

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

Mike Ashley's Frasers Group has launched a A$316 million on-market bid for the rest of Australia's Accent Group, the footwear retailer behind Platypus and The Athlete's Foot. Analysts doubt the offer is

June 16, 2026

Business·Deals·Economy·News

A Bell Canada central office building, illustrating BCE job cuts

Bell’s Parent BCE Cuts Another 690 Jobs in the Name of ‘Sustainable Growth’

BCE, the parent of Bell, is cutting roughly 690 jobs, about one per cent of its workforce, the latest round in a restructuring aimed at 1.5 billion dollars in savings by 2028.

June 16, 2026

Business·Economy·News

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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

Alphabet Replaces Verizon in the Dow as the Index Bets Bigger on AI

India Raises Diesel and Jet Fuel Export Taxes Even as Crude Prices Fall

India’s Capital Region Gets Its Second Air Hub as Noida International Airport Opens

Centene Asks Most of Its 61,000 Workers to Leave as Medicaid Cuts and ACA Losses Bite

Chipmakers Lead a Global Tech Rally as the Iran War Premium Drains Out of Markets

India Posts Record $45.2bn in May Exports, but the Import Bill Grows Faster

Nvidia Borrows $25 Billion, Joining the Customers It Sells AI Chips To

Mike Ashley’s Frasers Bids A$316m for the Rest of Australia’s Accent Group

Bell’s Parent BCE Cuts Another 690 Jobs in the Name of ‘Sustainable Growth’

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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