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News Headlines
US Mulls Lifting Venezuela Central Bank Sanctions to Aid Economy bloomberg.com
The US is considering lifting sanctions on Venezuela’s central bank to facilitate the flow of billions of dollars into the country’s battered economy, according to people familiar with the matter.
Source: bloomberg.com
The war is on hold. But the economy is still in danger. vox.com
Fed economist Phelan is front-runner to become top Trump economic adviser politico.com
His potential nomination comes as the president’s approval rating on the economy is falling to new lows, particularly since gas prices have been driven up by the war.
Source: politico.com
Paraguay president taps Oscar Lovera as economy minister reuters.com
Paraguay’s President Santiago Pena on Wednesday appointed Oscar Lovera as the South American nation’s new economy and finance minister, the government said in a statement.
Source: reuters.com
Fed’s Daly says US economic fundamentals in a ‘good place’ reuters.com
San Francisco Federal Reserve President Mary Daly on Wednesday said the U.S. economy is fundamentally in a “good place” despite sharply higher oil prices from the Iran war and the uncertainty over how long the war will last.
Source: reuters.com
Iran is holding the world economy hostage. Trump’s truce proves its leverage cnn.com
President Donald Trump has cast a fragile two-week ceasefire between the United States and Iran as a “total and complete victory.” But the terms of the truce highlight how Iran has used control of the Strait of Hormuz to gain enormous leverage over the global economy.
Source: cnn.com
What top voices in markets are saying about the Iran war ceasefire businessinsider.com
The ceasefire triggered a big stock rally on Wednesday. Market commentators emphasize the fragility of the deal and the potential for more volatility.
Source: businessinsider.com
The economy is going to be in weaker shape, says David Rosenberg cnbc.com
David Rosenberg, founder of Rosenberg Research, joins ‘Money Movers’ to discuss the Iran war, the state of the labor market, and more.
Source: cnbc.com
Iran war’s economic aftershocks will be felt for some time axios.com
The backlog of stranded ships could take weeks to clear even under ideal circumstances.
Source: axios.com
Mississippi State baseball makes the Starkville economy hum in spring clarionledger.com
All of the 25 largest NCAA on-campus college baseball crowds are now owned by the Bulldogs.
Source: clarionledger.com
Markets shift back towards potential Fed rate cut this year with Iran ceasefire in place cnbc.com
Odds for a reduction jumped Wednesday morning, hitting about 43%, according to the CME Group.
Source: cnbc.com
Iran’s shattered economy means any success in war may be fleeting reuters.com
Iranian authorities see the truce with the United States and Israel as a strategic victory, but they emerge battered and isolated with an economy in tatters, little prospect of rapid recovery and an impoverished, embittered population.
Source: reuters.com
Trump’s Iran ceasefire doesn’t mean Europe’s economy is out of the danger zone politico.eu
The damage that’s been done — both physical and psychological — will take months to undo, analysts say.
Source: politico.eu
Iran War to Exact High Cost on African Economy, World Bank Warns bloomberg.com
The Iran war will fan inflation and cost Africa vital economic growth, the World Bank warned, with oil-importing nations including Kenya and Ethiopia potentially at the greatest risk.
Source: bloomberg.com
Wanting a manufacturing economy is ‘turning your back’ on productivity growth: JPMorgan’s Caffrey cnbc.com
Jack Caffrey, JPMorgan Asset Management equity portfolio manager, joins ‘Squawk Box’ to discuss his outlook for earnings in 2026, economy data, what investors should be looking at, and more.
Source: cnbc.com