Economy

Oil tumbles, Taiwan’s greenback surges at begin of central bank-packed week

By Dhara Ranasinghe LONDON (Reuters) - Oil costs tumbled over 2% on Monday after oil producing group OPEC+ agreed to…

3 weeks ago

Fed and Powell face ‘tug-of-war’ with Trump and his tariffs looming

The most important query going through the Federal Reserve because it gathers once more this week is tips on how…

3 weeks ago

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…

3 weeks 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…

3 weeks 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…

3 weeks 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 weeks 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…

3 weeks 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…

3 weeks 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…

3 weeks 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…

3 weeks ago