Economy

  • US stocks added over $8 trillion in April, makes it their best month in 6 years.

    US stocks added over $8 trillion in April, makes it their best month in 6 years
    May 1, 2026 Economy
  • U.S. economy grows 2% in Q1, so why can't the Fed cut rates?

    U.S. economy grows 2% in Q1, so why can’t the Fed cut rates?
    April 30, 2026 Economy
  • Standard Chartered sees $2 trillion boom in tokenized assets by 2028.

    Standard Chartered sees $2 trillion boom in tokenized assets by 2028
    April 30, 2026 Economy
  • $25 billion of US taxpayers money lost in Trump-Israel war in Iran as Hormuz standoff remains

    $25 billion of US taxpayers money lost in Trump-Israel war in Iran as Hormuz standoff remains
    April 29, 2026 Economy
  • Pentagon deals with US AI leaders fuel skepticism at home and abroad

    Pentagon deals with US AI leaders fuel skepticism at home and abroad
    April 28, 2026 Economy
  • India’s global rise accelerates with New Zealand trade deal and massive digital infrastructure push

    India’s global rise accelerates with New Zealand trade deal and massive digital infrastructure push
    April 27, 2026 Economy
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  • Iran finally calls Trump with a permanent deal offer to open the Strait of Hormuz
    April 27, 2026 Economy

  • Chinese authorities risk Trump admin action with Meta-Manus deal withdrawal
    April 27, 2026 Economy
  • Senator Thom Tillis ends his Powell-probe standoff, clears way for new Fed chair Kevin Warsh

    Senator Thom Tillis ends his Powell-probe standoff, clears way for new Fed chair Kevin Warsh
    April 26, 2026 Economy
  • Trump Treasury is asking Americans to help it pay US national debt via donations from personal wealth

    Trump Treasury is asking Americans to help it pay US national debt via donations from personal wealth
    April 26, 2026 Economy
  • Putin's approval rating hits five-year low amid growing revolution fears

    Putin’s approval rating hits five-year low amid growing revolution fears
    April 26, 2026 Economy
  • Donald Trump tried to "save face" on Saturday by announcing that he has cancelled negotiations with Iranian leaders in Islamabad after they already stood his envoys up and told the whole world they weren't going to be there. Hours after they made that perfectly clear, Trump went on Truth Social to say: “I just cancelled the trip of my representatives going to Islamabad, Pakistan, to meet with the Iranians. Too much time wasted on traveling, too much work! Besides which, there is tremendous infighting and confusion within their ‘leadership.’ Nobody knows who is in charge, including them. Also, we have all the cards, they have none! If they want to talk, all they have to do is call!!!” Iranian officials remain unfazed by US theatrics Before heading back to Washington later on, Trump told reporters that the Islamabad trip made no sense because it involved “too much travel.” He said the US had “all the cards” and added that nothing had changed in recent days. He also said, “Too much travelling, takes too long, too expensive. I’m a very cost conscious person.” The president framed the cancelled trip as a cost and time issue, but the reality is, America needs this deal more than Iran. And the Iranians know that, so even though both sides claim they want peace, Iran isn't willing to be pushed around for it. They've made clear what they want in negotiations, and they aren't budging on a single on a single one. Steve Witkoff and Jared Kushner were the US envoys expected to travel. The White House had said on April 24 that both men would go to Islamabad on Saturday for more talks with Iran. On the same day, Iran’s foreign minister arrived in Pakistan for meetings, but an Iranian official said there were no scheduled negotiations with the US. That killed the mood fast. Pakistan had been acting as the mediator and had even closed parts of its capital for days to prepare for possible talks. But by April 25, Iran’s foreign minister had already met Pakistan’s prime minister and the country’s army chief, then left for Oman without any announcement about when Trump’s team would arrive. On April 11, senior US and Iranian officials met in Pakistan for more than 21 hours, but of course no deal came out of it, though both sides said the talks had made progress. Then on April 19, Trump said his representatives would return to Pakistan, but the plan stalled after Iran said it had not decided whether it would join. On April 21, Trump agreed to extend the ceasefire with Iran for an open-ended period so diplomacy could continue. Four days later, the talks were still floating in the air. While attending a cryptocurrency event at Mar-a-Lago, where he was due to speak, Trump spent the day taking calls and confirming to media outlets that the trip was off. A New York Post reporter who was in Islamabad covering the expected talks reportedly got a text from Trump telling her, “Come home!!!” That pretty much told the story. The table was set, the room was ready, and the main event did not happen. Israel strikes Hezbollah sites while the Strait of Hormuz keeps oil markets nervous The failed US-Iran push landed while Israel was hitting Hezbollah targets in Lebanon. Israeli Prime Minister Benjamin Netanyahu ordered the Israel Defense Forces to “vigorously attack Hezbollah targets in Lebanon,” his office said. The IDF also posted several Telegram updates on Saturday accusing Hezbollah of breaking the ceasefire between Israel and Lebanon. Hezbollah and Israel have each accused the other side of violating that same agreement, so yes, another ceasefire is already sitting in the usual Middle East paperwork shredder. While attention stayed on Trump, Iran, and the missing Islamabad talks, the IDF said it was still striking Hezbollah-linked buildings in southern Lebanon. The Israeli military said the targets were used to threaten IDF troops and Israeli civilians. Earlier this week, Trump said the Israel-Lebanon ceasefire would be extended by three weeks. That extension is now running beside fresh strikes and new claims from both sides. Trump said the US Navy is clearing Iranian mines from Iran's waterway Strait of Hormuz, which normally carries about 20% of the world’s oil.

    All they have to do is call: Trump cancels negotiations with Iran after being stood up
    April 25, 2026 Economy
  • US monthly crude exports head for new ATH of 5.48 million bpd due to Hormuz shutdown.

    US monthly crude exports head for new ATH of 5.48 million bpd due to Hormuz shutdown
    April 25, 2026 Economy
  • Iran shuts down claims of negotiations with Trump admin as US envoys leave for Pakistan.

    Iran shuts down claims of negotiations with Trump admin as US envoys leave for Pakistan
    April 25, 2026 Economy
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  • Europe's ECB maps out a lower-cost digital euro launch by standardizing acceptance early

    Europe’s ECB maps out a lower-cost digital euro launch by standardizing acceptance early
    April 24, 2026 Economy
  • U.S Justice Department ends Powell probe, easing Fed leadership uncertainty

    U.S Justice Department ends Powell probe, easing Fed leadership uncertainty
    April 24, 2026 Economy
  • PMI is high but consumer confidence is low for the US economy. Are we reading the mixed signals correctly?

    PMI is high but consumer confidence is low for the US economy. Are we reading the mixed signals correctly?
    April 24, 2026 Economy

  • Prediction markets bet Strait of Hormuz will be closed for a few more weeks
    April 23, 2026 Economy
  • Oil’s biggest trade is no trade as Hormuz fees leave investors frozen

    With 13 million bpd of oil trapped by the Strait of Hormuz, India and China turn to Russia
    April 23, 2026 Economy

  • Trudeau says Canada nearly turned to China after U.S. and Europe squeezed its economy
    April 23, 2026 Economy
  • Iran has successfully frozen Strait of Hormuz traffic after detaining ships.

    Iran has successfully frozen Strait of Hormuz traffic after detaining ships
    April 23, 2026 Economy
  • Wall Street is not confident about Kevin Warsh’s so-called regime change at the Fed

    Wall Street is not confident about Kevin Warsh’s so-called regime change at the Fed
    April 22, 2026 Economy