Economy- Page 9

Gas station pump prices reflecting surging energy costs from the Iran war 2026 oil inventory crisis

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

The national average price of regular gasoline rose to $3.84 per gallon on Thursday, its first increase in nearly 50 days, after the collapse of the US-Iran ceasefire sent crude oil surging

July 9, 2026

by Economy Desk

Best savings account checklist: 10 factors to evaluate in 2026

Introduction Selecting the best savings account involves more than simply opening the first account that appears suitable. As banking services continue to evolve, account holders have access to a wide range of features designed to improve convenience, security, and financial

July 9, 2026

by Shivam Chopra

Blocked Rosneft petrol station in Saint Petersburg Russia diesel ban July 2026 after Ukraine drone strikes on refineries

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Ukraine's Unmanned Systems Forces struck 21 vessels in the Sea of Azov and shut down the

Brent crude oil price rises above $80 per barrel during global market rally

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

Global oil prices surged sharply on Wednesday, with Brent crude briefly climbing above $80 per barrel

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

People's Bank of China headquarters in Beijing as the central bank debuts its overnight reverse repo liquidity tool

China’s Central Bank Cut Rates Without Saying So. The PBOC’s Silence Was the Point.

The People's Bank of China debuted its overnight reverse repo tool on Monday, injecting 300 billion yuan at a rate of 1.25% that it deliberately kept off its official statement. Analysts called

June 29, 2026

Business·Economy·News

Treasury Secretary Scott Bessent, whose growth-first stance on Social Security has drawn bipartisan Senate opposition over the payroll tax cap

Bessent Says Social Security Doesn’t Need a Tax Fix. A Bipartisan Senate Pair Disagrees.

Treasury Secretary Bessent is betting economic growth will stabilize Social Security before the 2032 trust fund depletion, resisting bipartisan Senate calls to lift the payroll tax cap. The administration's own HHS secretary,

June 28, 2026

Business·Economy·News

Alan Greenspan, former Federal Reserve chairman who died at 100 on June 22 2026, whose 1990s technology boom strategy new Fed chair Kevin Warsh is attempting to replicate for the AI era

Greenspan Is Dead. Now Warsh Has to Decide If the Trick Still Works.

Alan Greenspan, who ran the Federal Reserve for nearly two decades and let the 1990s technology boom run without raising rates, died at 100 last week. His death arrived just as new

June 28, 2026

Business·Economy·News

Bolivian banknotes and US dollars on a table in La Paz as Bolivia abandons its 15-year dollar peg and moves to a flexible exchange rate

Bolivia Ends Its Dollar Peg. The Street Rate Was Already Three Times Higher.

Bolivia abandoned its 15-year dollar peg on June 27, setting an opening rate of 9.73 bolivianos per dollar. The parallel market had already reached 20. The gap between the government's official rate

June 28, 2026

Business·Economy·News

The Europa Building, seat of the European Council, in Brussels Belgium

EU Council Ratifies Turnberry Agreement, Capping US Tariffs at 15% Ahead of Trump’s July 4 Deadline

The EU Council formally enacted the Turnberry Agreement on Thursday, completing the ratification of an EU-US trade deal that caps American tariffs on European goods at 15% — but only if Washington

June 27, 2026

Business·Economy·Government and Politics·News

Bloomberg Daybreak Europe coverage of the AI tech stock selloff and OpenAI IPO delay report on June 26 2026

Global AI Stock Rout Freezes South Korea’s Market and Stalls OpenAI’s IPO Plans

A single Broadcom guidance miss detonated a chain reaction that froze Seoul's stock exchange, erased $1.3 trillion from semiconductor stocks, and stalled OpenAI's IPO. The rout has delivered one question to the

June 26, 2026

Artificial Intelligence·Business·Economy·News·Technology

Volkswagen's Wolfsburg plant in Germany, where the carmaker employs tens of thousands of workers facing cuts under CEO Oliver Blume's restructuring plan

Volkswagen CEO Eyes 100,000 Job Cuts and Closure of Four German Plants in Biggest Overhaul in Company History

Volkswagen CEO Oliver Blume is driving plans to eliminate up to 100,000 jobs and close four German plants, including Zwickau. The move doubles the 2024 union deal and sets up a direct

June 26, 2026

Business·Economy·News

Micron DRAM memory chip used in AI data centers and high-bandwidth memory HBM production

Micron CEO Admits Supply Can’t Keep Up With AI Demand After Record $41.5B Quarter

Micron Technology reported $41.46 billion in Q3 FY2026 revenue, a 346% year-over-year surge, while CEO Sanjay Mehrotra warned the company has no visibility into when HBM supply will catch up with AI

June 26, 2026

Business·Economy·News

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Economy- Page 9

US Gasoline Prices Snap 50-Day Slide as Iran Escalation Rattles Energy Markets

Best savings account checklist: 10 factors to evaluate in 2026

Russia Bans Diesel Exports as Ukraine Drones Strike 21 Vessels, Halt Omsk Refinery

Brent Crude Surges Above $80 for First Time Since June, US-Iran Tensions Shake Global Oil Markets

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

China’s Central Bank Cut Rates Without Saying So. The PBOC’s Silence Was the Point.

Greenspan Is Dead. Now Warsh Has to Decide If the Trick Still Works.

Bolivia Ends Its Dollar Peg. The Street Rate Was Already Three Times Higher.

EU Council Ratifies Turnberry Agreement, Capping US Tariffs at 15% Ahead of Trump’s July 4 Deadline

Global AI Stock Rout Freezes South Korea’s Market and Stalls OpenAI’s IPO Plans

Volkswagen CEO Eyes 100,000 Job Cuts and Closure of Four German Plants in Biggest Overhaul in Company History

Micron CEO Admits Supply Can’t Keep Up With AI Demand After Record $41.5B Quarter

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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