Economy Desk

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

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

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 record reached when China imposed export controls on the metal. The Fed's hawkish Jackson Hole signal raised rate-hike odds to 64 percent, and whether

September 1, 2026

by Economy Desk

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

Fairlife protein shakes and ultra-filtered milk products affected by Coca-Cola ransomware attack July 2026

Coca-Cola’s All-Time High Is in the Rearview as Fairlife Ransomware Costs Stay Hidden

Coca-Cola shares closed at $89.66 on August 28, retreating from an all-time high of $91.99 set

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 million barrels of Gulf crude at the Negishi refinery in Yokohama on Saturday — completing a

June 6, 2026

Business·Economy·News

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 the country's largest artificial intelligence companies, and will meet their executives as soon as next week.

June 6, 2026

Artificial Intelligence·News·Technology

Job seekers at an employment fair in the United States ahead of the May 2026 jobs report

US Economy Adds 172,000 Jobs in May, Doubling Forecasts as Iran War Fails to Break Labor Market

US employers added 172,000 jobs in May 2026, roughly double Wall Street's 85,000 forecast, as the labor market shrugged off Iran war energy costs for a third straight month of six-figure gains.

June 5, 2026

Business·Economy·News

The Jobs Report That Broke Wall Street’s Bet and Handed Kevin Warsh an Impossible First Test

May nonfarm payrolls surged to 172,000 — more than double what Wall Street had penciled in — upending months of market positioning and forcing traders to price in a Federal Reserve rate

June 5, 2026

Business·Economy·Markets·News

SpaceX Falcon 9 rocket launches as the company sets a fixed $135 IPO share price targeting a $1.77 trillion Nasdaq debut in June 2026

SpaceX IPO Roadshow Launches at $135 a Share, and Jamie Dimon Is Personally Selling It to 2,500 of America’s Wealthiest Investors

NEW YORK — On Thursday morning, from JPMorgan Chase’s glass tower overlooking Park Avenue, Jamie Dimon did something that senior American bankers almost never do. He personally pitched a stock. The JPMorgan

June 5, 2026

Business·Economy·Technology

William Hill betting shop exterior Britain Evoke Bally's Intralot takeover 2026

Greek Lottery Giant Bally’s Intralot Agrees £243m Takeover of William Hill Owner Evoke

Athens-listed Bally's Intralot has agreed to acquire Evoke — the owner of William Hill, 888, and Mr Green — in a £243 million all-share deal that pairs an indebted British bookmaker with

June 5, 2026

Business·Economy·News

Smoke billows from a Gazprom Neft oil refinery in Russia

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

Russia's Gazprom and Kazakhstan's presidential administration signed an agreement at SPIEF on Thursday for additional gas supplies in 2026, deepening the two countries' energy ties even as Astana's domestic demand strains its

June 5, 2026

Business·Economy·News

For Sale sign displayed outside a home in Portland Oregon as US mortgage rate falls to 6.48 percent June 2026

US Mortgage Rate Eases to 6.48% From Nine-Month High as Iran War Keeps Buyers Sidelined

The 30-year fixed mortgage fell to 6.48% from 6.53%, Freddie Mac reported Thursday, retreating from its highest level in nine months — but the Iran war's grip on oil prices and inflation

June 4, 2026

Business·Economy·News

Delegates walk through the exhibition hall at the 29th St. Petersburg International Economic Forum, June 2026

Russia and Saudi Arabia Eye $10 Billion Trade Target as Payment Barriers Slow Centennial Partnership

The head of the Russian-Saudi Business Council set a $10 billion trade target at SPIEF 2026, but acknowledged that payment system restrictions remain the primary obstacle — even as bilateral commerce has

June 4, 2026

Business·Economy·News

A hiring sign displayed at a restaurant in Morton Grove Illinois as US weekly jobless claims hit 225000 highest since February 2026

US Jobless Claims Hit Four-Month High of 225,000 as Employers Post Jobs But Refuse to Hire

Initial unemployment filings surged to 225,000 last week, the highest since February, as American employers posted a near two-year record of 7.6 million job openings while slashing their actual hiring — a

June 4, 2026

Business·Economy·News

Previous 1 … 62 63 64 65 66 … 81 Next

Economy Desk

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

Coca-Cola’s All-Time High Is in the Rearview as Fairlife Ransomware Costs Stay Hidden

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 Economy Adds 172,000 Jobs in May, Doubling Forecasts as Iran War Fails to Break Labor Market

The Jobs Report That Broke Wall Street’s Bet and Handed Kevin Warsh an Impossible First Test

SpaceX IPO Roadshow Launches at $135 a Share, and Jamie Dimon Is Personally Selling It to 2,500 of America’s Wealthiest Investors

Greek Lottery Giant Bally’s Intralot Agrees £243m Takeover of William Hill Owner Evoke

Gazprom Seals New Deal to Boost Gas Supplies to Kazakhstan as Miller Meets Sklyar at SPIEF

US Mortgage Rate Eases to 6.48% From Nine-Month High as Iran War Keeps Buyers Sidelined

Russia and Saudi Arabia Eye $10 Billion Trade Target as Payment Barriers Slow Centennial Partnership

US Jobless Claims Hit Four-Month High of 225,000 as Employers Post Jobs But Refuse to Hire

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

OPEC+ Adds Supply for a Fifth Straight Month: Brent Won’t Move Below $91

Russia’s Jet-Powered Drone Blitz Empties Kyiv Shelves as 1,500 Drones Rain Down in Four Days

Five Feet in Ten Minutes: The Flash Flood That Sealed Grand Canyon Off from the World

The Market Priced a Ceasefire Nobody Declared — Iran Just Ended It

Economy Desk

Follow

Latest Posts