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Economy
Stories and analysis from The Business Now newsroom.
Business
US Jobless Claims Shock Economists: What the Lowest Reading in Months Means for the Fed, Stocks, and Interest Rates
US Jobless Claims Shock Economists: What the Lowest Reading in Months Means for the Fed, Stocks, and Interest Rates The U.S. labor market has delivered another surprise—and it’s one that could reshape expectations for interest rates, stock markets, and the broader economy. The latest Initial Jobless Claims report showed that 187,000 Americans filed for unemployment...
Business
He Didn’t Build Rockets for Elon Musk—He Built Them for India’s Space Future
He Didn’t Build Rockets for Elon Musk—He Built Them for India’s Space Future Success stories often begin with a bold vision. But sometimes, they begin with a surprisingly modest paycheck. When Pawan Kumar Chandana graduated from IIT Kharagpur, he had the credentials to pursue high-paying opportunities in the private sector. Instead, he chose a different...
Business
Google’s Biggest AI Test Has Arrived: Will Alphabet’s Multi-Billion Dollar Bet Finally Pay Off?
Google’s Biggest AI Test Has Arrived: Will Alphabet’s Multi-Billion Dollar Bet Finally Pay Off? For nearly two years, one question has dominated Wall Street: Can Google turn its massive AI investments into lasting profits? That question is now at the center of Alphabet’s latest earnings report. While Microsoft, Amazon, Meta, and OpenAI continue to accelerate...
Commodities
US Oil Shock: Crude Inventories Jump Far Above Expectations—What It Means for Prices Next
US Oil Shock: Crude Inventories Jump Far Above Expectations—What It Means for Prices Next The global oil market received an unexpected surprise after the latest U.S. Energy Information Administration (EIA) data showed a sharp rise in commercial crude oil inventories, reversing market expectations and immediately becoming one of the most closely watched economic releases of...
Commodities
Trump Draws a New Line Against Iran: Could This Trigger a Wider Regional Crisis?
Trump Draws a New Line Against Iran: Could This Trigger a Wider Regional Crisis? For months, the Middle East has remained on edge. Military deployments have increased, commercial shipping has faced repeated disruptions, and global energy markets have reacted to every new development. Now, fresh remarks from US President Donald Trump have once again placed...
Business
Before Wall Street Reacts, America’s Truck Drivers Already Know
Before Wall Street Reacts, America’s Truck Drivers Already Know: The Hidden Economic Indicator Nobody Is Watching Every morning before the opening bell rings on Wall Street… Before economists publish GDP figures… Before the Federal Reserve discusses interest rates… Before television anchors begin talking about recessions… There is another group quietly reading the economy. America’s truck...
Economy
The Satellites Watching the Global Economy Before Economists Do: How Space May Be Predicting the Next Economic Shift
he Satellites Watching the Global Economy Before Economists Do: The Hidden Data Powering Modern Markets Imagine knowing that economic activity is slowing weeks before governments publish official data. Imagine detecting supply chain disruptions before shipping companies issue warnings. Imagine seeing whether factories are running at full capacity, whether ports are congested, or whether crops are...
Economy
Pentagon’s War Bill Is Exploding: Is America Running Out of Money for Global Conflicts?
Pentagon’s War Bill Is Exploding: Is America Running Out of Money for Global Conflicts? For decades, the United States has maintained the world’s largest military budget. But recent reports suggest that the cost of responding to escalating tensions in the Middle East is placing fresh pressure on Pentagon finances. According to recent reporting, the Pentagon...
Business
Is the World Sleepwalking Into Another Global Crisis? The Middle East Warning Investors Can’t Ignore
Is the World Sleepwalking Into Another Global Crisis? The Middle East Warning Investors Can’t Ignore For years, investors believed the biggest threats to the global economy would come from inflation, banking failures, or recession. But today, financial markets are watching something entirely different. A narrow stretch of water in the Middle East. Fresh reports of...