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Economy

390 articles

US Economy Adds 172,000 Jobs in May, Beating Expectations
EconomyJun 05, 2026
US Economy Adds 172,000 Jobs in May, Beating Expectations...

WASHINGTON — U.S. employers added 172,000 jobs in May, exceeding economists’ expectations, while the unemployment ra...

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Nasdaq Plunges as Strong May Jobs Report Fuels Fed Rate Hike Fears
EconomyJun 05, 2026
Nasdaq Plunges as Strong May Jobs Report Fuels Fed Rate Hike Fears...

NEW YORK — U.S. stocks opened lower on Friday after a stronger-than-expected May jobs report raised investor concerns ...

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OECD Warns Energy Crisis Threatens Global Growth Outlook
EconomyJun 05, 2026
OECD Warns Energy Crisis Threatens Global Growth Outlook...

PARIS — The Organisation for Economic Co-operation and Development warned on Wednesday that an ongoing energy crisis l...

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Federal Reserve Cuts Key Interest Rates By Half Point In Emergency Meeting
EconomyJun 01, 2026
Federal Reserve Cuts Key Interest Rates By Half Point In Emergency Meeting...

WASHINGTON — The Federal Reserve cut its key interest rate by half a percentage point in an emergency meeting on Monda...

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Global Stock Markets Plunge After Major Bank Reports Huge Losses
EconomyMay 29, 2026
Global Stock Markets Plunge After Major Bank Reports Huge Losses...

NEW YORK — Global stock markets fell sharply Friday after a major international bank reported substantial quarterly lo...

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Global Oil Markets React to Escalating Middle East Uncertainty
EconomyMay 22, 2026
Global Oil Markets React to Escalating Middle East Uncertainty...

LONDON — Global oil markets rose on Thursday amid ongoing uncertainty in the Middle East, with Brent crude climbing ab...

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Oil Prices Rise as Iran Tensions Threaten Strait of Hormuz Shipping
EconomyMay 20, 2026
Oil Prices Rise as Iran Tensions Threaten Strait of Hormuz Shipping...

LONDON — Oil prices rose on Wednesday as renewed tensions between Iran and the United States heightened concerns over ...

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Central Bank Announces Surprise Interest Rate Increase Amid Inflation Surge
EconomyMay 19, 2026
Central Bank Announces Surprise Interest Rate Increase Amid Inflation Surge...

WASHINGTON — The central bank on Tuesday announced an unexpected increase in its benchmark interest rate, citing a rec...

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Global Markets Plunge as Oil Prices Spike Over Supply Fears
EconomyMay 19, 2026
Global Markets Plunge as Oil Prices Spike Over Supply Fears...

LONDON — Global stock markets fell sharply on Monday as oil prices spiked amid persistent fears of prolonged supply di...

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