Global Economy Risks
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The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar from week 05/06/2024ABC News - Entertainment -
Pro-Palestinian campus protests are going global
Pro-Palestinian demonstrations that have rocked college campuses in the United States are now gaining traction across the world as protesters join the movement globally.NBC News - Top stories -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
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Apple vs. the world: Can the tech giant survive a global regulatory onslaught?
Apple has a strong track record fighting antitrust enforcers, but the global scope of its current fight is something new.MarketWatch - Business - Apple -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
‘I decided to not let anybody silence my voice’: the journalists in exile but still at risk
Threats from the state have led many journalists across the world to flee their home countries to report from elsewhere. But for many the intimidation did not stop when they left. Illustrations by Joe McKendry. Fardad Farahzad, journalist, Iran ...The Guardian - World -
The Latest | Israel's planned invasion of Rafah risks killing hundreds of thousands, UN says
The United Nations humanitarian aid agency says hundreds of thousands of people would be “at imminent risk of death” if Israel carries out a military assault in the southern Gaza city of RafahABC News - World - Israel -
Oil prices on track for weekly declines as concerns over Middle East supply risks fade
Oil futures inched lower in Friday dealings, with easing concerns about potential supply disruptions in the Middle East, strength in U.S. production, and signs of slowing demand setting prices up for their largest weekly percentage loss since ...MarketWatch - Business -
Venomous snakes likely to migrate en masse amid global heating, says study
Researchers find many countries unprepared for influx of new species and will be vulnerable to bites. Climate breakdown is likely to lead to the large-scale migration of venomous snake species into new regions and unprepared countries, according ...The Guardian - World -
The strange new economy of all-you-can-eat buffets
Red Lobster is in trouble but luxury feasts with unlimited steak and champagne are thrivingFinancial Times - Business -
US economy adds 175K jobs in April, falling short of expectations
The U.S. economy added 175,000 jobs and the jobless rate ticked higher to 3.9 percent in April, according to Labor Department data released Friday. After several hotter-than-expected jobs reports, April's employment gains fell short of economists’ ...The Hill - Politics -
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.The Wall Street Journal - World -
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world overABC News - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve