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UK economy grew 0.5% in February, beating economists' expectations by a long shot

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.

Industry

UK economy grew 0.5% in February, beating economists' expectations by a long shot

Economists polled by Reuters expected U.K. gross domestic product (GDP) to have expanded by 0.1% month-on-month.

Industry

Japan pledges $10bn to help Asian countries deal with oil crisis

The aid is roughly equivalent to a years worth of crude oil imports by Asean countries.

Industry

Daniel Duggan: Australian citizen and ex-US Marine pilot loses extradition appeal

Daniel Duggan was arrested in 2022 over claims he illegally trained the Chinese military in South Africa.

Industry

Allbirds shares soar after pivot from footwear to AI

The company is selling off its shoe brand as it plans to shift to providing technology infrastructure.

Industry

Here are all the ways the Iran war has affected the U.S. economy so far

The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.

Industry

Here are all the ways the Iran war has affected the U.S. economy so far

The Iran war is starting to show up in the U.S. economy in ways both obvious and not so much.

Industry

Geelong fire: Blaze at Australian oil refinery to impact petrol supplies

The fire has deepened fears over the nations petrol supplies amid a global crunch.

Industry

Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'

The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.

Industry

Cleveland Fed President Hammack expects interest rates to stay on hold 'for a good while'

The central bank official advocated a patient approach as officials watch incoming data for clues about where the U.S. economy is heading.

Industry

Trump threatens to fire Powell if the Fed chair doesn't leave office on his own

Though most Fed chairs in the past have left after being replaced, Powell has demurred on what he plans to do.

Industry

CEOs are betting AI will augment work rather than displace all workers

Panelists at the Semafor World Economy conference said artificial intelligence can supplement the work that's already done, improving its quantity and quality.

Industry

Wholesale prices rose 0.5% in March, much less than expected despite war impact

The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.

Industry

Wholesale prices rose 0.5% in March, much less than expected despite war impact

The producer price index was expected to increase 1.1% in March, according to the Dow Jones consensus estimate.

Industry

Oil prices ease on hopes of new US-Iran peace talks

Crude prices jumped above $100 on Monday after talks failed between the two sides at the weekend.

Industry

Hormuz blockade could deepen worlds worst energy crisis — and risk a dangerous misstep

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.

Industry

Hormuz blockade could deepen worlds worst energy crisis — and risk a dangerous misstep

The U.S. naval blockade of the Strait of Hormuz threatens to halt more tanker traffic, sending oil surging and risks drawing China into a widening confrontation with Washington.

Industry

Consumer sentiment hits record low, inflation fears rise amid Iran war

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.

Industry

Consumer sentiment hits record low, inflation fears rise amid Iran war

The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.

Industry

Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict

The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.

Industry
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