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Today: June 09, 2026
Today: June 09, 2026

global economy

Economy|Political|World

Three months in, is Trump losing the Iran war?

U.S.

Three months in, is Trump losing the Iran war?
Asia|Business|Economy|Environment|Finance|MidEast|Stock Markets|World

Wall Street keeps rising, even as U.S. households keep getting more discouraged

The split between Wall Street and most U.S. households keeps growing wider

Wall Street keeps rising, even as U.S. households keep getting more discouraged
Business|Economy|Finance|Stock Markets|World

Wall St rises at open, Dow hits record high

Wall Street's main indexes opened higher on Friday with the Dow hitting an intraday record high as investors watched for progress in talks to end the nearly three-month Middle East

Wall St rises at open, Dow hits record high
Business|Economy|Environment|Science|World

China oil import cut, higher US exports wrongfoot market bulls

As prices for physical crude oil hit all-time highs of over $160 per barrel last month, analysts and traders alike rushed

China oil import cut, higher US exports wrongfoot market bulls
Asia|Business|Economy|Finance|Stock Markets|World

Dollar dips on hopes for Iran deal, yen near danger zone

The U.S. dollar retreated from a six-week high on Wednesday on rising hopes that the U.S. is nearing a deal with Iran to end the war in the Middle East.

Dollar dips on hopes for Iran deal, yen near danger zone
Business|Economy|World

No major breakthroughs in Trump-Xi summit, UN chief says

A meeting between the leaders of the world's two biggest economies last week may have lowered tensions but achieved no breakthrough, the UN's Secretary-General said on

No major breakthroughs in Trump-Xi summit, UN chief says
Business|Economy|Technology|World

StanChart to cut over 7,000 jobs, boost AI to replace 'lower-value human capital'

Standard Chartered will eliminate more than 7,000 jobs over the next four years as it seeks to replace "lower-value human capital" with technology, becoming

StanChart to cut over 7,000 jobs, boost AI to replace 'lower-value human capital'
Business|Economy|Finance|Stock Markets|World

Trading Day: Summits, in Beijing and stocks

Another day, another record high for the Nasdaq, S&P 500 and many stock markets around the world on Thursday, as the Xi-Trump summit in China and

Trading Day: Summits, in Beijing and stocks
Business|Economy|Finance|World

Argentina inflation dips in April

Argentina's monthly inflation rate was 2.6% in April, down from the 3.4% registered in March but slightly above analysts' forecast of 2.5% despite increases in all

Argentina inflation dips in April
Business|Economy|Finance|World

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks

International Monetary Fund staff will visit Ukraine in coming weeks to review the country's progress in implementing economic reforms and broadening

IMF staff heading to Ukraine to review $8.1 billion loan program in coming weeks
Asia|Business|Economy|Environment|World

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit

Chinese customs appeared to have halted export clearances for hundreds of U.S. beef plants on Thursday, hours after Reuters

China renews, then halts licenses for hundreds of US beef exporters amid Trump-Xi summit
Business|Economy|Finance|World

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting

Oil prices settled lower on Wednesday as investors worried about possible U.S. interest rate hikes and awaited updates on a high-stakes summit in

Oil settles lower on US rate hike fears; investors watch Trump-Xi meeting
Business|Economy|World

Iran, Ukraine wars deliver worst hit in years to oil refining output

Refinery attacks tied to the wars in Iran and Ukraine have knocked out nearly 9% of global oil refining capacity in recent months,

Iran, Ukraine wars deliver worst hit in years to oil refining output
Business|Economy|Finance|World

US dollar rises as inflation jumps; Trump-Xi talks begin

The dollar gained on Wednesday after hitting a two-week high following the latest stronger-than-expected U.S. inflation reading, with talks set to

US dollar rises as inflation jumps; Trump-Xi talks begin
Business|Economy|Finance|World

Fed alert

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets Oil prices remain elevated, inflation is climbing and bond markets

Fed alert
Economy|Europe|World

French inflation confirmed at 2.5% in April, highest since July 2024

EU-harmonised consumer prices in France rose 2.5% year-on-year in April, statistics office INSEE said on Wednesday, confirming a preliminary reading published late last month and

French inflation confirmed at 2.5% in April, highest since July 2024
Asia|Business|Economy|Europe|Finance|Stock Markets|World

World markets feel the strain as US–Iran war grinds on

From a rout in Asian currencies to the closure of a low budget

World markets feel the strain as US–Iran war grinds on
Arts|Business|Economy|Entertainment

Netflix spent over $135 billion on film, TV over last decade

Netflix has invested over $135 billion in films and television series over the past decade, the company said on Tuesday, underscoring the dominance of the streaming giant and the

Netflix spent over $135 billion on film, TV over last decade
Business|Economy|Finance|MidEast|Political|US|World

US issues new sanctions over Iran's oil shipments to China

The U.S. government on Monday announced sanctions against three people and nine companies, including four based in Hong Kong and

US issues new sanctions over Iran's oil shipments to China
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: AI beats Iran impasse

U.S. and world stocks touched new highs on Monday, as artificial intelligence fever continued to outweigh the prolonged U.S.-Iran impasse.

Trading Day: AI beats Iran impasse
Business|Economy|Finance|World

Consumer sentiment declines to another new record low as Americans fret over Iran war

Consumer sentiment declines to another new record low as Americans fret over Iran war

Consumer sentiment declines to another new record low as Americans fret over Iran war
Business|Economy|Finance|Stock Markets|World

Chip push, crude pull

Everything Mike Dolan and the ROI team are excited to read, watch and listen to over the weekend. From the Editor Hello Morning Bid readers!

Chip push, crude pull
Asia|Business|Economy|Finance|Stock Markets|World

China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll

China's export growth likely quickened in April, a Reuters poll showed on Friday, as companies rushed to stockpile components from the manufacturing powerhouse amid fears

China's exports likely picked up pace in April on Iran war stockpiling: Reuters Poll
Business|Economy|Finance|Stock Markets|World

Trading Day: Markets draw breath

U.S. and global stocks hit new highs before ending lower on Thursday as chip stocks gave back some of their blistering gains, while oil clawed

Trading Day: Markets draw breath
Business|Economy|Europe|Finance|Stock Markets|World

ECB's Schnabel sees 'disconnect' between stock market valuations and geopolitics

European Central Bank board member Isabel Schnabel said on Thursday that there appeared to be a disconnect between record stock market valuations and the risks facing the

ECB's Schnabel sees 'disconnect' between stock market valuations and geopolitics
Arts

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains

Iran imposes new rules for Strait of Hormuz in bid to secure wartime gains
Business|Economy|Finance|World

NY Fed finds stability in longer-run inflation views in April

By Michael S.

NY Fed finds stability in longer-run inflation views in April
Business|Economy|Finance|Stock Markets|Technology|World

Chip frenzy goes global

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chip boom goes on, with Asia seeing rolling catchups to this

Chip frenzy goes global
Business|Economy|Finance|Stock Markets|World

Watchdog flags risks in banks' growing private credit ties

The fast-growing private credit industry's deepening links with banks and asset managers are creating risks for the world's financial system, a global

Watchdog flags risks in banks' growing private credit ties
Business|Economy|Environment|Finance|Stock Markets|US|World

Gasoline costs 50% more in the US than it did before the Iran war

The price of a gallon of regular gasoline climbed 31 cents in the past week, spiking to an average of $4.48 per gallon Tuesday, according to AAA

Gasoline costs 50% more in the US than it did before the Iran war
Asia|Business|Economy|Finance|MidEast|Stock Markets|World

Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations

The U.S. stock market rose to records after oil prices eased and companies kept reporting bigger profits for the start of the year than analysts expected

Wall Street rallies to records after oil prices ease and corporate profits keep topping expectations
Business|Economy|Finance|Political|Stock Markets|World

Australia's central bank set to cool its heels after rapid-fire rate hikes

Australia's central bank lifted rates for a third time this year on Tuesday, returning borrowing costs to post-pandemic highs and warning that

Australia's central bank set to cool its heels after rapid-fire rate hikes
Asia|Business|Economy|Political|World

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say

An unfinished Iran war could give Xi the upper hand in Trump talks, sources say
Business|Economy|Political|Travel|World

Taiwan's president lands in Eswatini in a trip delayed by lack of overflight clearance

Taiwan’s President Lai Ching-te says he has arrived in Eswatini, Taiwan’s only diplomatic ally in Africa, despite flight challenges reportedly due to Chinese pressure

Taiwan's president lands in Eswatini in a trip delayed by lack of overflight clearance
Business|Economy|Finance|Stock Markets|World

Dollar set for sharp weekly loss versus yen after Japan steps in

The dollar was headed for its biggest weekly loss against the yen since February on Friday after Japan was reported to have intervened to support its

Dollar set for sharp weekly loss versus yen after Japan steps in
Business|Economy|Environment|Finance|World

While Asia and Europe scramble for natural gas, the US glut has nowhere to go

The war with Iran has boosted prices of globally traded natural gas by throttling exports from the Gulf.

While Asia and Europe scramble for natural gas, the US glut has nowhere to go
Business|Economy|Environment|Political|World

Brent oil prices surge above $125 after setting new wartime high

Brent crude oil prices, the global benchmark, surged above $125 per barrel on Thursday morning, as President Donald Trump mulls an extended blockade of Iranian ports. Kristie Lu Stout reports.

Brent oil prices surge above $125 after setting new wartime high
Business|Economy|Finance|Stock Markets|World

China factory activity expands at quickest pace since late 2020, private PMI shows

China's manufacturing sector expanded in April at its fastest pace since the end of 2020, driven by stronger output and surging new orders, a private survey showed on

China factory activity expands at quickest pace since late 2020, private PMI shows
Business|Economy|Finance|Stock Markets|World

Stagflation risks stacking up as Iran war enters third month

Financial markets are finding it harder to look past the rising economic costs of the Iran war as the continued closure of

Stagflation risks stacking up as Iran war enters third month
Business|Economy|Environment|World

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation

Global oil prices retreated after hitting a four-year high of more than $126 a barrel on Thursday on concerns that the U.S.-Iran war could worsen and lead

Global oil price retreats after hitting 4-year high on concern of US-Iran war escalation
Business|Economy|Technology

GM earmarks over $1 billion toward gas-engine output in US, Canada

General Motors is investing about $1.4 billion in three U.S. factories and one Canadian plant that produce gas engines, transmissions and metal castings,

GM earmarks over $1 billion toward gas-engine output in US, Canada
Business|Economy|Entertainment|Fashion and Beauty|Finance|Stock Markets|World

Estee Lauder considers bid for Puig at 18-19 euros per share, source says

Cosmetics giant Estee Lauder is considering launching a takeover bid for all of Puig's Class B shares at 18 to 19 euros ($21 to $22.20) a share, said a source close to the matter.

Estee Lauder considers bid for Puig at 18-19 euros per share, source says
Business|Economy|Finance|Stock Markets|US|World

US companies project resilience even as Iran war risks mount

Top American companies from GM to Coca-Cola are trying to reassure investors they can weather the financial fallout from the Iran war, even as surging fuel and

US companies project resilience even as Iran war risks mount
Business|Economy|Finance|Stock Markets|Technology|World

Trading Day: Chips off the table

U.S. tech stocks dived on Tuesday, slammed by worries over the sector's lofty growth expectations ahead of key earnings reports, while another

Trading Day: Chips off the table
Business|Economy|Political|World

UAE leaves OPEC in blow to global oil producers' group

The United Arab Emirates on Tuesday said it was quitting OPEC, dealing a blow to the oil producers' group as an unprecedented energy crisis caused by the

UAE leaves OPEC in blow to global oil producers' group
Business|Economy|Political|World

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected

When the Supreme Court killed his favorite tariffs in February, President Donald Trump rolled out temporary import taxes to replace them

Trump pursues new import taxes to replace the tariffs the Supreme Court rejected
Asia|Business|Economy|Finance|Stock Markets|World

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street

The U.S. stock market’s record-breaking rally slowed after uncertainty rose about what will happen next in the Iran war

US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
Business|Economy|Finance|Opinion|Stock Markets

Forget 'fiscal discipline,' record govt debt is here to stay: McGeever

With government debt levels sky high across the developed world, leaders are being warned to get their fiscal houses in order, but in an age of

Forget 'fiscal discipline,' record govt debt is here to stay: McGeever
Business|Economy|Political|World

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia

President Donald Trump said on Sunday Iran could telephone if it wants to negotiate an end to their two-month

Trump says Iran can phone if it wants to talk; Iranian minister heads to Russia