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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...
Global
Hidden for Thousands of Years? NASA and ISRO’s New Satellite Reveals a Giant Bird-Shaped Mystery in Antarctica
Hidden for Thousands of Years? NASA and ISRO’s New Satellite Reveals a Giant Bird-Shaped Mystery in Antarctica One of the world’s newest Earth-observation satellites has already captured global attention. The NASA-ISRO Synthetic Aperture Radar (NISAR) mission has released one of its earliest radar images—and among the most striking features is what appears to be a...
Global
Trump Eyes Possible Military Action in Mali: Could This Become the Eighth Conflict of His Second Term?
rump Military Action in Mali Could Mark a Major Shift in U.S. Foreign Policy The Trump administration is reportedly evaluating military options in Mali, a West African nation that has become one of the world’s fastest-growing centers of Islamist insurgency. According to officials familiar with the discussions, no final decision has been made, but military...
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...
Global
Iran Draws a Dangerous Red Line: Threat to Regional Energy Facilities Raises Global Alarm
Iran Draws a Dangerous Red Line: Threat to Regional Energy Facilities Raises Global Alarm The Middle East has entered another period of heightened uncertainty after Iranian officials, through statements reported by semi-official media, warned that if Iran’s energy infrastructure is attacked, energy facilities linked to the United States and its regional partners could become targets...
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...
Global
UK Reportedly Opens Military Bases for US Operations: What It Could Mean for Global Security
UK Reportedly Opens Military Bases for US Operations: What It Could Mean for Global Security The Middle East conflict has entered another sensitive phase after reports that the United Kingdom has approved the continued use of certain British military bases by the United States for limited defensive operations linked to Iran. The reported decision has...
Global
Emergency Alert Issued for Dammam: Why Saudi Authorities Are Urging Residents to Stay Informed
Emergency Alert Issued for Dammam: Why Saudi Authorities Are Urging Residents to Stay Informed An emergency notification issued for Dammam, Saudi Arabia, has quickly drawn international attention, especially as geopolitical tensions across the Middle East remain elevated. The advisory from Saudi Civil Defense instructed residents to stay updated and follow official guidance. While authorities have...