Economy

Breaking economic news, with reports on global stock markets, personal finance, businesses and technology.

Oil Sinks as OPEC+ Provide Surge Threatens to Swamp International Market

(Bloomberg) -- Oil buckled on considerations of a worldwide glut after OPEC+ agreed to a different bumper output enhance, including…

18 minutes ago

US Inventory Futures Fall With Weak Greenback, Oil Drops: Markets Wrap

(Bloomberg) -- The greenback weakened and US equity-index futures dropped, threatening to finish the S&P 500 Index’s longest successful streak…

1 hour ago

International financial system already feeling drag from Trump tariffs

(Reuters) - U.S. President Donald Trump's tariffs are more and more clogging up the wheels of a world financial system…

2 hours ago

Oil costs plunge to multi-year low as OPEC+ plans to speed up manufacturing hikes

Crude oil costs plunged to a multi-year low following OPEC+’s resolution to speed up manufacturing hikes for June. Throughout Monday’s…

3 hours ago

Qantas soars as drop in oil costs alerts decrease jet gas prices

(Reuters) -Shares of Australia's Qantas Airways rose greater than 5% on Monday to an over one-month excessive after oil costs…

5 hours ago

Dow, S&P 500, Nasdaq futures slip after file streak with Fed, earnings in focus

US inventory futures edged decrease Sunday night, signaling a possible cooldown after the S&P 500 (^GSPC) wrapped up its longest…

6 hours ago

Oil falls greater than $2/bbl as OPEC+ set to speed up output hikes

SINGAPORE (Reuters) - Oil costs fell greater than $2 a barrel in early Asian commerce on Monday as OPEC+ is…

9 hours ago

China’s Technological Ascent: How the East Surpassed the West in Innovation

  In early April 2025, New York Times columnist Thomas L. Friedman published a provocative op-ed titled "I Just Saw the Future—And It’s Not in…

13 hours ago

Trump says good elements of US financial system are ‘Trump financial system,’ dangerous elements are ‘Biden financial system’

This nonetheless from video reveals President Donald Trump throughout an interview with NBC Information’ Kristen Welker in a Sunday present…

15 hours ago

WH Smith purchaser ‘faces 12-month ban’ on mass store closures

The brand new proprietor of WH Smith's excessive road chain has successfully been barred from launching a wave of mass…

16 hours ago