News category: Economy & Central Banks
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The Day Oil Prices Went Negative: The Glitch That “Saved” a Trader From a $9 Million Ruin
Imagine pulling up to a gas station, filling up your tank, and actually getting paid to drive away. It sounds…
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New York Becomes First State to Halt Large Data Center Development With One-Year Moratorium
In a first-of-its-kind move for the United States, New York has enacted a statewide moratorium on the development of large-scale…
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UK Faces Winter Gas Supply Debate as Decision on North Sea Jackdaw Field Looms
The head of energy firm Adura has warned that the UK faces a risk of domestic gas shortages this winter…
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Key Stock Market Valuation Metrics Hover Near Historic Highs in July 2026
As of early July 2026, several widely watched measures of stock market valuation are registering levels rarely seen in history,…
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US Job Growth Slowed Sharply in June, Easing Pressure on Federal Reserve
A much weaker-than-expected June jobs report, coupled with downward revisions for prior months, suggests a cooling labor market that may…
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Cloud Market Growth Accelerates in 2026, Driven by AI Demand
Enterprise spending on cloud infrastructure services surged 35% year-over-year in the first quarter of 2026, reaching a record $129 billion…
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Trump Accuses Oil Firms of Price Gouging, Orders Justice Department Probe
Amid falling global crude prices following a recent U.S.-Iran peace deal, President Donald Trump has accused major oil companies of…
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Indonesia’s New Stock Market Rules Raise Compliance Bar, Sparking Delisting Concerns
New regulations from the Indonesia Stock Exchange (IDX) are compelling hundreds of listed firms to increase public share ownership, a…
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Brexit’s Economic Impact: UK GDP 6% to 8% Lower a Decade After Vote, Study Finds
A decade after the United Kingdom voted to leave the European Union, a consensus among economic studies is forming, indicating…
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U.S.-Iran Peace Deal: How the Agreement to End Hostilities Could Affect Global Economy and Your Finances
An agreement signed this week between the United States and Iran aims to end a conflict that has shaken the…