Global Economy

War-driven inflation, oil shocks, and recession fears

Track the global economy under pressure from the Middle East conflict: energy price spikes, supply chain disruptions, central bank responses, inflation data, and recession indicators from diverse financial sources.

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UK inflation rises to 2.9%

The cost of things is now rising at a faster pace compared with last month.

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Ukraine's sacked defence minister Fedorov calls for wartime presidential elections
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Trump Pauses New 50% Tariffs On Canada Claiming Last-Minute Deal

Trump said the tariffs have been paused for three days to allow for the finalization a deal agreed to by both sides.

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‘Oppenheimer’ star David Krumholtz quits acting in heated rant: ‘Frustrated, fed up, fried’

Krumholtz ranted that he has put his career on hold after becoming fed up with the way actors are treated and fearing he could go “broke.”

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Carney vows to build ‘stronger, more competitive economy’ in statement about Trump pausing tariffs

Canadian Prime Minister Mark Carney issued a statement on Tuesday night about President Donald Trump’s decision to postpone 50% tariffs on Canada. He explained that both countries…

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Trump says U.S. and Canada reached deal to delay 50% U.S. tariffs on Canadian imports
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US, Canada agree deal that pauses 50% tariffs, Trump says

Donald Trump says the deal, reached the day before 50% tariffs were set to take effect, could also revive the controversial Keystone XL pipeline project.

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US, Canada reach deal that pauses 50% tariffs, Trump says

Donald Trump said the deal, reached the day before 50% tariffs were set to take effect, could also revive the controversial Keystone XL pipeline project.

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Trump says US and Canada have reached last-minute deal to delay 50% US tariffs on Canadian imports - AP News
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Trump pauses 50% tariffs on Canada hours before deadline

President Donald Trump on Tuesday announced he would be pausing his planned 50% tariffs on Canadian goods just hours before they were meant to take affect, avoiding a trade war be…

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Trump announces temporary pause on new Canada tariffs - ABC News - Breaking News, Latest News and Videos
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Trump holds off on new 50% tariffs for Canadian goods

Here’s what’s going on with the Trump administration’s plan for new tariffs for some Canadian goods.

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Trump pauses deadline on new Canadian tariffs for three days
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Trump postpones 50% tariff he threatened for some Canadian goods - CNN
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Trump pauses tariffs on Canada after last-minute deal - Sky News
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US, Canada reach trade deal to avert steep tariffs, Trump says

Trump announces pause on 50 percent duty on Canadian exports shortly before midnight deadline.

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Trump Pauses 50% Canada Tariffs for Three Days Subject to a Deal - Bloomberg
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Trump announces three-day delay to 50% tariffs on Canadian imports, says US and northern neighbor ‘have a DEAL!’

"The great Keystone XL Pipeline, long ago killed by Sleepy Joe Biden, may be awoken from the grave!" added the president.

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Trump pauses 50% tariffs on goods from Canada, says two sides have a deal - reuters.com
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Trump pauses 50% tariffs on Canada for 3 days - NBC News
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Tariffs Halted As Trump Reaches Tentative 'DEAL' With Canada
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Chinese robotics giant Unitree soars in stock market debut

Shares in the world's biggest humanoid robot maker started trading on Shanghai's Star market on Wednesday.

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Here’s the best place to hedge severe El Niño shocks to the food supply chain, BofA says
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Dollar drifts near multi-month lows as Treasury yields ease; Fed minutes awaited - Reuters
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‘A Breed Apart’ Director Recalls Hayden Panettiere’s “Dark” Energy on Set: “She Was Not OK”

Griff Furst also mentioned the actress's on-again, off-again boyfriend Brian Hickerson’s presence when he would visit the filming set.

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Gold inches higher, focus on Fed minutes - Reuters
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Japanese Stocks Slide as Bond Market Anxiety Hits AI Sentiment - Bloomberg
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What Chinese liquor maker Moutai's slump says about the country's economy

Kweichow Moutai's half-year report showed a rare drop in net profit, following the first annual drop on record.

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Neve Campbell and ‘Scream’ Stars Pay Tribute to Hayden Panettiere After Her Death: She “Brought a Magnetic Energy to Set”

The 36-year-old actress, who died at age 36, originated the role of Kirby Reed in 2011's 'Scream 4' and reprised the fan-favorite character in 2023’s 'Scream VI.'

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Trump tariff talks with Canada go down to the wire

WASHINGTON - President Trump and Canadian Prime Minister Mark Carney were burning up the phones Tuesday ahead of a midnight deadline for a trade deal but the White House is downpl…

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AI Boom and Energy Shocks See Growth in Southeast Asia Bifurcate - Bloomberg.com
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Canada faces deadline to stop US tariffs on $20bn of exports

Mark Carney spoke to Donald Trump on Tuesday in a final push to avert American trade levies

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South Korea’s LG Energy in Talks With US for Drone Batteries - Bloomberg.com
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Asian Stocks Set for Losses as Bond Jitters Linger: Markets Wrap - Bloomberg.com
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San Diego County will stop letting federal immigration agents train at local firing ranges - AP News
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A flashing red light from the bond markets - vox.com
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Citing Deaths, Docs Urge NCAA to Limit Energy Drink Marketing to Kids

(MedPage Today) -- A group of physicians and scientists are calling on the National Collegiate Athletic Association (NCAA) to make changes to its massive collaboration between Big…

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UAE suspends trade with Iran after saying it fired missiles at Gulf state

Defence ministry says weapons were targeting maritime traffic but fell into the sea

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Jewish Federation of Detroit Announces Fundraiser for Mike Rogers
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Feds reveal plan to reuse billions it cut from Gavin Newsom’s high-speed rail project

The Trump administration is redirecting roughly $2 billion pulled from California’s high-speed rail project into rail safety, Amtrak and infrastructure projects nationwide.

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Former Fauci Aide Pleads Guilty to Federal Crime - theepochtimes.com
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Kalshi promo code NYPMAX: Trade $25, get up to $500 for Liberty vs. Sky
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Bond Traders Are Hedging Risk Fed Pivots to Rate Cuts in 2027 - Bloomberg.com
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Free Markets Are Not Just an Economic Policy, They Are a Cultural Imperative
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Trump and Carney speak ahead of US tariff deadline

The new US tariffs would cover about $20bn worth of imports and could lead to job losses and business closures.

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Here’s a ‘ridiculously cheap’ way to protect yourself against a stock-market selloff

Wall Street’s ‘fear gauge’ is signaling the all-clear, despite myriad looming risks.

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Wealthy Buyers Are Disguising Housing Market’s True Health—Here’s How

The disproportionate wealth of the home-buyer pool is disguising problems in the overall housing market.

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Housing Market Data Looks Strong—Here’s Why That’s Misleading - forbes.com
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Daily on Energy: Removing the Roadless Rule

WHAT’S HAPPENING TODAY: Good afternoon and happy Tuesday, readers! Washington D.C. saw its last sunset around 8 p.m. EDT or later for the year last night. 🌇🌝Don’t worry just yet, …

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Soaring diesel prices rip across US economy

Rising fuel costs threaten new jolt of inflation ahead of November’s midterm elections

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