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Hormuz crisis strangling global economy, Guterres warns, demanding solutions to end stalemate
António Guterres decried the restrictions on free passage through the crucial chokepoint which is “impeding the delivery of oil, gas, fertilizer, and other critical commodities” and “strangling the global…
First Quarter Economic Data Shows Stable U.S. Economy and Strong Job Market
Several key economic reports were released today highlighting a broad and strong U.S. economy with a very strong labor market. ♦ The first quarter Gross Domestic Product (GDP) was released by the Bureau of Economic Analysis (BEA) [ DATA HERE…
Iranian economic collapse may come too late for Trump
Weeks of conflict have aggravated Iran's dire economic problems, risking calamity after the war, but the Islamic Republic looks able to survive a standoff in the Persian Gulf for now, despite a U.S. blockade that has cut off energy exports.
Iran war undercuts Trump's economic boasts
Rising oil and gas prices triggered by the U.S. conflict with Iran are undercutting President Donald Trump 's long‑running claims of a booming American economy. The energy shock is hitting just as inflation remains stubborn and the Federal…
NI food and drink sector delivers £7.3bn to economy - report
Northern Ireland's food and drink sector generates £7.3 billion in economic value, according to a new report. The Economic Impact Assessment also showed that the sector supports almost 109,000 jobs, and plays a vital role in food security…
4 charts show how war is throttling Iran's economy
The war in the Middle East is entering its third month, and Tehran is struggling. Iran's economy is flashing signs of serious economic stress, which is increasing the longer the conflict drags on. The nation, one of the world's largest oil…
Mexico's Economic Output Shrinks in First Quarter -- Update
Gross domestic product, a measure of output in goods and services, contracted 0.8% from the previous quarter in seasonally adjusted terms, national statistics institute Inegi said Thursday. Industrial production fell 1.1%, services were down 0.6%…
Abortion is an economic issue Republicans aren't ready to face
Republicans are wildly out of touch with the American people when it comes to abortion access, so now they've decided to just stop talking about it. New research from Reproductive Freedom for All shows why that won't work — voters connect…
Communications Services Up as Traders Grow Sanguine on Economy -- Communications Services Roundup
Communications-services rose as traders grew sanguine about the U.S. economic and interest-rate outlook. Shares of Inseego surged after the maker of Internet of Things and networking technology agreed to acquire telecom-equipment firm Nokia's…
The US economy bounced back in the first quarter of 2026
The US started 2026 with a comeback. US real gross domestic product rose at an annualized rate of 2% in the first quarter, short of the 2.2% expected but above the 0.5% rise in the fourth quarter of 2025. Other data releases show how the economy…
Spain's Economy Bucks EU's Iran Concerns
Welcome to the Brussels Edition. I'm John Ainger, Bloomberg climate and energy reporter, bringing you the latest from the EU. Make sure you're signed up. The crisis in the Middle East is set to be a major economic shock for the world economy. But…
U.S. economy grew 2% from January-March, but Iran war clouds outlook
WASHINGTON (AP) — The U.S. economy accelerated at the start of 2026, expanding at a modest 2% pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is clouded by the Iran war.
US economy grows 2% in January-March; Iran war clouds outlook
The US economy accelerated at the start of 2026, expanding at a modest 2 per cent pace from January through March after recovering from last fall's 43-day federal government shutdown. But the outlook is clouded by the Iran war. The Commerce…
Spain's Booming Economy Fails to Help Its Poorest Children
Javier, a father of seven and former boxer who works as a municipal street sweeper in Madrid, earns what he describes as a reasonable wage yet struggles to cover expenses — among a growing pile of bills is €1,300 for three months of…
PM Wong pledges 'new and better' jobs as AI disrupts industries, transforms economy
SINGAPORE: As artificial intelligence reshapes industries and Singapore's economy transforms, “new and better jobs” will be created, Prime Minister Lawrence Wong said on Friday (May 1). Addressing more than 1,600 union leaders and…
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