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Industrial Shares Declined as War Threatens Economic Output -- Industrials Roundup
Shares of industrial and transportation companies fell as the war in Iran looks unlikely to end soon, threatening global growth. Palantir and GE Aerospace announced a multi-year partnership expansion to speed-up military aviation readiness for the…
What is the economy telling us about the midterms?
Reading the economy's signals can often be bewildering, especially in an election year. Consumer sentiment is down, but economic statistics remain relatively strong. The stock market is regularly reaching new all-time highs. What is America to make…
Who Cares If AI Brings Down the Economy?
The tech billionaire Hemant Taneja admits that AI is a bubble. In fact, he welcomes it: “Bubbles are good,” Taneja, the CEO of General Catalyst, a venture-capital firm, told me in an email. If AI comes crashing down, it will lead to…
Iran Says It's Ready to Destroy the Global Economy
Can't-miss innovations from the bleeding edge of science and tech If the Trump administration was expecting it'd quickly wrap up its “ little excursion ” in Iran like in a repeat of Venezuela, geopolitical reality had different ideas.
Hedge fund guru predicts US economic crisis worse than a recession
Lines of cars stretching for blocks around gas stations. Desperate drivers waiting hours to fill up before pumps run out. Transportation costs soaring, driving up prices of everyday items – from clothes to food. Jobs lost. Families hurt. The…
The Growing Economic Risks of the Iran War
This is an edition of the What's News newsletter, which helps you catch up on the headlines and understand the news, free in your inbox daily. If you're not subscribed, sign up here. U.S. stock indexes tumbled today, after it became clear to…
KDI Warns Oil Surge Poses Risks to S. Korean Economy
A state-run think tank believes that a surge in oil prices due to the war in Iran may put downward pressure on South Korea's economic recovery. In its Monthly Economic Trends report released Thursday, the Korea Development Institute wrote that…
Despite all the economic doom and gloom, US small businesses are doing just fine
It's easy to fall into the trap of believing that the economy is not doing well under the current administration. Inflation is down, but Americans still feel an “affordability squeeze,” says Bloomberg. Fortune reports that an…
GOP senators warn Trump that shaky economy could spell election disaster
Republican senators are getting louder in warning President Trump that economic headwinds caused by the administration's tariff regime combined with the sharp reduction in global oil supplies could set the GOP up for a rude political awakening in…
In Iran war, the global economy becomes Trump's new challenge
The Iran War got a lot more complicated for President Donald Trump this week. For while he was able to trumpet the enormous damage being inflicted on Iran's missile, drone, and naval forces, he also found himself facing a new, far trickier kind of…
Iran war jeopardizes Trump economic boom before key midterm elections
Will the Iran war turn President Donald Trump 's 1980s boom into a 1970s stagflation? Only if it drags out, which the president says he plans to avoid. But the enemy gets a vote too, as the saying goes, so what if it's a long conflict? As soon as…
Govt maintains 2026 economic growth projection at 4%-4.5%
PUTRAJAYA: The government has maintained Malaysia's economic growth forecast for 2026 at 4.0 to 4.5 per cent, despite facing global geopolitical challenges and external economic uncertainties. Economy Minister Akmal Nasrullah Mohd Nasir said the…
How will the war on Iran impact the US economy?
New York City, United States – Rising prices on the back of US-Israel strikes on Iran are adding to the economic pressure facing US consumers despite efforts by US President Donald Trump to paint the war as a success. On Wednesday, Trump…
Goldman cuts U.S. economic outlook over the Iran war - and the fear goes beyond oil
Things aren't looking so great on the economic front 12 days into the U.S.-Israeli attack on Iran. Not only did oil prices again touch triple-digit levels, there are worries about supplies of everything from fertilizer to helium, important not just…
Pension transfers need shake-up to boost speed and help economy, say leading firms
The pension transfer system is “not fit for purpose” and is hitting economic growth, warn some of the leading lights in the industry. A report from nine of the biggest digital pension platforms including AJ Bell, PensionBee and…
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