Economy- Page 2

Federal Reserve Chair Kevin Warsh official portrait June 2026

Divided Fed Holds Rates Steady; Dow Plunges 1,100 Points on Inflation Alarm

Three FOMC members broke ranks and formally called for a rate hike as the Fed held rates steady for a seventh straight meeting. The Dow fell 1,129 points in its worst session

July 30, 2026

by Economy Desk

Federal Reserve Chair Kevin Warsh speaks at the ECB Forum in Sintra, Portugal, June 2026

Warsh’s Fed Rate Decision Becomes a Cliffhanger as Iran Oil Shock Scrambles Signals

Federal Reserve Chair Kevin Warsh enters Thursday's rate announcement with markets assigning one-in-three odds to a surprise hike, the most uncertain FOMC call since 2020. Iran's oil shock has scrambled the inflation picture that should have made the choice easy.

July 29, 2026

by Jennifer Hicks

Deutsche Bank CEO Christian Sewing at Annual Media Conference 2026

Deutsche Bank Posts Record €1.9 Billion Q2 Profit, Investment Bank at 2019 Highs

Deutsche Bank posted a record second-quarter post-tax profit of €1.9 billion on Wednesday, powered by its

Digital screens displaying trading numbers on the New York Stock Exchange trading floor during the Nasdaq chip stock selloff

Nasdaq 100 Nears Correction as Chip Stocks Bleed for Fourth Straight Day

The Nasdaq 100 dropped 1.8 percent Tuesday, pushing it within striking distance of a 10 percent

How Small Monthly Investments May Accumulate Over Decades Through Compounding

A monthly investment does not need to look large to become meaningful over a long period. Its eventual value may be influenced by the contribution amount, time available and potential returns earned

July 25, 2026

Business·Economy·Features·Markets

Verizon fiber optic network infrastructure powering AI data center connectivity

Verizon Strikes $1 Billion Dark Fiber Deal With Google to Power AI Data Centers

Verizon has signed a dark fiber connectivity agreement with Google worth more than $1 billion, disclosed alongside a second-quarter earnings beat and raised annual revenue guidance. CEO Hans Vestberg said additional deals

July 25, 2026

Business·Economy·News

A Burger King restaurant exterior with the Home of the Whopper sign July 2026

Burger King Launches Whopper Guarantee and Service Role as Workers Cite Stagnant Pay

Burger King on July 22 launched a Whopper Guarantee and a new 'Your Way Champion' service role at US locations, promising a free Whopper if the burger falls short. Workers at several

July 24, 2026

Business·Economy·News

Cargo containers stacked at a port as Trump imposes new Section 301 tariffs covering 99.4 percent of US imports from 60 countries in 2026

Trump’s New Tariff Wave Covers 99% of US Imports Under ‘Forced Labour’ Legal Rationale

Trump imposed 10-12.5% tariffs on 60 countries covering 99.4% of US imports using a 'forced labour' basis under Section 301, replacing Supreme Court-struck IEEPA tariffs. UK exporters now face competitive disadvantage versus

July 24, 2026

Economy·Government and Politics·News

Calculator and bank documents representing the comparison between 1-year CD rates and high-yield savings account rates in July 2026

1-Year CDs Pay 4.17% in July 2026, Edging High-Yield Savings by $7 Per $10,000

The best 1-year certificate of deposit rates reach 4.17% in July 2026, against 4.10% for top high-yield savings, a difference of $7 on $10,000 annually. The real decision is whether the Fed

July 24, 2026

Business·Economy·News

Oil tanker at sea as crude prices surge above $100 amid Houthi strikes

Houthi Strike on Saudi Tankers Triggers Dow Selloff as Brent Crude Closes Above $100

Houthi forces struck Saudi Aramco-affiliated tankers in the Red Sea on Thursday, sending Brent crude above $100 a barrel and pulling the Dow Jones Industrial Average down more than 500 points as

July 24, 2026

Business·Economy·Markets·News

Oil tanker navigating international waters as war-risk insurance rates hit record highs in Strait of Hormuz

Shipping Insurance Rates Hit Record Highs as Hormuz and Bab al-Mandeb Traffic Collapses

War-risk premiums on Hormuz tankers have reached 7.5 to 10 percent of hull value as Iran restricts passage and Bab al-Mandeb closes to shipping. The twin chokepoint crisis has pushed a single

July 24, 2026

Business·Economy·News

American workers at a labor event with union signs

US Weekly Jobless Claims Hit 57-Year Low at 187,000, Defying Economic Headwinds

US initial jobless claims fell to 187,000 last week, the lowest figure since November 1969, sharply undercutting the consensus forecast of 215,000. The reading arrives despite oil near $100, a technology-sector selloff,

July 24, 2026

Business·Economy·Markets·News

Palestinian businesspeople working in the West Bank economy

Palestinian Economy at Breaking Point as Israeli Banks Sever Correspondent Ties

Two of Israel's largest commercial banks are severing Palestinian correspondent-banking ties this autumn, with Discount Bank exiting September 1 and Hapoalim following in October. Palestinian monetary authorities warn formal financial channels will

July 24, 2026

Business·Conflicts, Military and War·Economy·News

Oil tankers anchored off Takoradi Ghana as Brent crude crosses $100 on Houthi Red Sea strikes

Brent Crude Tops $100 as Houthi Twin Tanker Strike Sets Saudi Ship Ablaze in Red Sea

Houthi forces struck two Saudi crude tankers in the Red Sea on Wednesday, setting one ablaze and pushing Brent crude above $100 per barrel for the first time since May. Exxon Mobil

July 23, 2026

Business·Economy·Markets·News

Previous 1 2 3 4 … 116 Next

Economy- Page 2

Divided Fed Holds Rates Steady; Dow Plunges 1,100 Points on Inflation Alarm

Warsh’s Fed Rate Decision Becomes a Cliffhanger as Iran Oil Shock Scrambles Signals

Deutsche Bank Posts Record €1.9 Billion Q2 Profit, Investment Bank at 2019 Highs

Nasdaq 100 Nears Correction as Chip Stocks Bleed for Fourth Straight Day

How Small Monthly Investments May Accumulate Over Decades Through Compounding

Verizon Strikes $1 Billion Dark Fiber Deal With Google to Power AI Data Centers

Burger King Launches Whopper Guarantee and Service Role as Workers Cite Stagnant Pay

Trump’s New Tariff Wave Covers 99% of US Imports Under ‘Forced Labour’ Legal Rationale

1-Year CDs Pay 4.17% in July 2026, Edging High-Yield Savings by $7 Per $10,000

Houthi Strike on Saudi Tankers Triggers Dow Selloff as Brent Crude Closes Above $100

Shipping Insurance Rates Hit Record Highs as Hormuz and Bab al-Mandeb Traffic Collapses

US Weekly Jobless Claims Hit 57-Year Low at 187,000, Defying Economic Headwinds

Palestinian Economy at Breaking Point as Israeli Banks Sever Correspondent Ties

Brent Crude Tops $100 as Houthi Twin Tanker Strike Sets Saudi Ship Ablaze in Red Sea

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

Billie Joe Armstrong Performs From Ice Cream Truck Roof at Comic-Con for ‘Nimrods’

Disney Renews Adventure Time: Side Quests for Season 2 Weeks After Debut Topped Charts

Rick Moranis Returns: ‘Spaceballs: The New One’ Stuns Hall H With Standing Ovation

The Drama Arrives on HBO Max Thursday, Carrying Its School-Shooting Controversy to a New Audience

Economy- Page 2

Follow

Latest Posts