Latest Economy News
Australian central bank raises rates for third time as oil shock bites
The Reserve Bank of Australia has raised its official cash rate for…
Is Big Tech’s $725B AI splurge being funded by mass layoffs?
A widely reported figure this past week is that 81,747 tech workers…
Will Powell’s move limit White House influence over the Fed?
Federal Reserve Chair Jerome H. Powell has capped his eight-year tenure with…
Evening digest: Trump displeased with Iran talks, jolts EU with auto tariffs
President Donald Trump expressed dissatisfaction with ongoing Iran negotiations, while also announcing…
Trump to raise EU auto tariffs to 25% as trade tensions resurface
US President Donald Trump said he will raise tariffs on cars and…
Evening digest: US inflation jumps, Meta stock drops while Alphabet soars
US inflation accelerated sharply in March as rising oil prices linked to…