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The Reserve Bank of India kept its key policy rate unchangedon Wednesday as it awaits clearer evidence of the impact from the Iran war on the South Asian nation’s economy. Source: reuters.com
“Our demand has always been for a sovereign led ceasefire,” Lebanon’s Economy Minister Amer Bisat tells CNBC’s Dan Murphy after President Trump and Iran agree to two-week ceasefire which does not include Lebanon, according to Israel’s Prime Minister. Source: cnbc.com
BOGOTA, April 7 (Reuters) – Colombian President Gustavo Petro said on Tuesday evening that his government would submit an economic emergency decree and a new tax reform bill to Congress to balance the 2026 budget. The president said that if Congress did not approve his economic proposals, Source: usnews.com
U.S. consumers are facing rising costs as the war in Iran drags on, and the Strait of Hormuz remains closed to a significant portion of trade. Gas prices have been the most obvious result, as the U.S. national average cost of a gallon of gas reached $4.14 today, the highest it’s been since 2022 and […]
Marty owns an appliance store in Woodbridge, and he, like many Northern Virginian business owners, is concerned about the policies coming out of Washington and Source: wjla.com
China’s “petroyuan” system is a player in a way that it wasn’t before. Source: fortune.com
The disruptions caused by the Iran war will significantly impact our cost of living. Source: nytimes.com
The Vicious Cycle Index is a recession indicator that takes labor force participation changes into consideration. The top economist at Moody’s Analytics said it’s flashing red. Source: fortune.com
Jamie Dimon, CEO of JPMorganChase, the nation’s largest bank, has a financial stake in almost everything. Unlike many CEOs, he says it’s his job to speak out on many things.This week, Dimon released his annual letter to shareholders — a document that comments on banking issues and also assesses risks to the economy, from inflation […]
Voters are increasingly souring on President Donald Trump’s handling of the economy as gas prices continue to surge amid the war with Iran. Source: 13wham.com
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