Trump Approval Falls as Fuel Prices and War Pressure Hit the Economy President Donald Trump’s approval rating has fallen to 36 percent, the lowest level recorded since his return to office, as rising fuel prices and wider economic strain linked to the Iran war weigh on public sentiment. A recent national poll also found that […]
US Federal Reserve Holds Rates Steady as Iran War Keeps Markets Uncertain The US Federal Reserve left interest rates unchanged as policymakers weighed rising oil prices, inflation risk, and the wider economic uncertainty linked to the Iran war. The central bank kept its benchmark rate in the 3.5% to 3.75% range and said inflation remains […]
Iran Conflict Keeps Global Economy on Edge as Oil Risk Grows The economic impact of the Iran conflict is becoming harder to ignore as oil prices stay elevated and market nerves remain fragile. Brent crude has moved above $105 a barrel, while traders continue to watch the Strait of Hormuz, a route that normally handles […]
February Inflation Holds Steady as Oil Risk Clouds Outlook U.S. inflation stayed in line with forecasts in February, which gave markets a brief sign of stability. The bigger issue now is what comes next. Fresh tension in the Middle East has pushed oil prices higher, and that has shifted attention away from last month’s data. […]
US Economy Sees Unexpected Job Loss in February The US economy experienced an unexpected decline in employment last month, raising concerns about potential weaknesses in the labor market. Payrolls fell by 92,000, while the unemployment rate edged up to 4.4%, surprising economists who had anticipated stable hiring. Largest Monthly Job Drop Since October This marks […]
US Judge Orders Government to Return Over $130 Billion in Tariffs A US federal judge has ruled that the government must begin returning more than $130 billion in tariff payments to American businesses. The decision marks another legal setback for the Trump administration after the Supreme Court previously struck down the president’s broad “reciprocal” tariff […]
Economy Braces for Possible 15% Global Tariff US Treasury Secretary Scott Bessent has indicated that a 15% global tariff could be introduced this week, following mixed messaging from President Donald Trump about the exact rate. The proposed measure is meant to replace broad import taxes announced last year that were later struck down by the […]
Asian Markets Slide as Middle East Tensions Escalate Stock markets across the Asia Pacific region fell sharply as the conflict between the United States, Israel, and Iran moved into its fourth day. Investors reacted to growing fears that the fighting could expand further, creating broader economic and financial instability. The selloff followed a more muted […]
IMF Projects Solid Growth but Flags Debt Concerns The International Monetary Fund said the US economy is expected to grow by 2.4% this year, up from 2.2% last year. Despite this steady outlook, the IMF warned that ongoing budget deficits could drive federal debt to nearly 140% of GDP by 2031. The fund called for […]
BRICS Currency Ambitions and Strategic Goals BRICS nations Brazil, Russia, India, China, and South Africa, now expanded to include additional members, have been exploring the creation of a shared reserve currency to reduce dependence on the US dollar. Proposals have included a unit backed by a basket of member currencies, and even discussions around a […]
