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3 mins read
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of…
Theron Mohamed
5 mins read
A trifecta of global crises could snarl supply chains and increase prices
A sudden flurry of global developments has the US economy staring down a troubling trifecta of majo…
Eliza Relman
2 mins read
Rates won't fall back to pre-pandemic levels as geopolitical conflict and supply chain issues create problems for world economies, BofA exec says
Markets see rates falling to pre-pandemic levels as central banks ease policy, but BofA's Bernard M…
Kelly Cloonan
5 mins read
The US economy teeters after it's hit by a triple threat: Middle East escalation, port closures, and Hurricane Helene
With Israel-Iran escalation, a port strike, and a hurricane, the US economy is balancing a fine lin…
Dan DeFrancesco
3 mins read
Hezbollah leader Hassan Nasrallah allegedly killed in Beirut strike; one of Israel's biggest victories yet
An Israeli airstrike has reportedly killed prominent Hezbollah leader Hassan Nasrallah, intensifyin…
5 mins read
China's $114 billion stimulus package immediately boosted its stock market. But can it last?
China's $114 billion stimulus has some investors excited, but it's lacking support for the country'…
Dan DeFrancesco
4 mins read
Ukraine is eroding Russia's military advantage with strikes on its ammo depots
Ukraine is reducing Russia's ammo advantage on the battlefield via attacks on depots on Russian soi…
Thibault Spirlet
2 mins read
These consumer products are most likely to be impacted by the port strike
The work stoppage at US East Coast and Gulf Coast ports will likely affect the availability of a gr…
Dominick Reuter,Erin Snodgrass
1 min read
Boeing is raising $10 billion as it deals with striking workers and thousands of job cuts
Boeing announced it has entered a credit agreement with four banks to raise $10 billion as a mass s…
Pete Syme
3 mins read
The B-2 stealth bomber used to hit the Houthis was built to strike the toughest targets
The aircraft was built to slip past defenses to drop nuclear and conventional bombs, including a 30…
Jake Epstein
2 mins read
Ukraine's strike on a Russian missile depot last week destroyed enough ammo to impact attacks for two to three months, an Estonian commander said
Ukraine struck a missile storage facility in Russia's Tver region last week, destroying enough ammo…
Thibault Spirlet
5 mins read
Things are looking up for the economy. So why are consumers still unhappy?
US consumers' confidence in the economy has dropped over finding another job. But new payroll data …
Dan DeFrancesco
3 mins read
The biggest stock market winners and losers of the US port strike
"The longer this goes, the more the impact scales, and really it starts to scale exponentially," St…
Matthew Fox
1 min read
Hamas says its leader in Lebanon was killed in an Israeli strike
Fateh Sherif Abu el-Amin, Hamas' leader in Lebanon, was killed in an Israeli air strike, according …
Thibault Spirlet
2 mins read
Tensions are rising in the Boeing strike after the planemaker filed a complaint against the union
Boeing filed a complaint with the NLRB accusing the IAM union of bargaining in bad faith, after neg…
Pete Syme
2 mins read
Dockworkers strike could compound supply-chain problems for Boeing and Airbus
Boeing could face more strike disruption as its 787 plant receives some parts via the ports, while …
Pete Syme
2 mins read
Boeing's labor strike is so bad that the US Labor Secretary just flew to Seattle to help
Su encouraged negotiations during the stoppage earlier this month involving 45,000 dockworkers on t…
Shubhangi Goel
3 mins read
The US economy could get hit by a double whammy on September 30, if 2 major negotiations are not hammered out
Congress needs to pass a spending bill by September 30 to avoid a partial government shutdown. Dock…
Erin Snodgrass
3 mins read
One number shows why the economy might not get the immediate relief many hope for
For consumers to get more relief in the form of lower borrowing costs, the 10-year Treasury yield n…
Matthew Fox
1 min read
Costco saw 'abnormal' shopping behavior due to Hurricane Helene and the US port strike
Costco shoppers stocking up on toilet paper, bottled water, and other supplies had a measurable imp…