Economy

Japan’s rice prices are facing their most severe shock in more than half a century, with costs more than doubling over the past year. The crisis is exposing structural flaws…

Bank of America Global Research boosted its year-end projection for the STOXX 600 index to 530 from 500 on Friday, citing sustained resilience in global GDP following a recent truce…

Palantir co-founder and renowned defense investor Joe Lonsdale weighed in on escalating tensions between Israel and Iran in a CNBC interview on Friday.According to Lonsdale, Tehran’s pursuit of nuclear weapons…

On Friday, Federal Reserve Governor Christopher Waller indicated that he anticipates tariffs will not substantially increase inflation. Therefore, he believes policymakers should consider reducing interest rates as soon as next…

The International Monetary Fund warns that Europe is slipping into stagnation without massive efforts to change the tide. The rising geopolitical risks, slow growth and weak investments are the main risks…

Brazil’s Central Bank hiked its benchmark interest rate, the Selic, to 15%, the highest since 2006, suggesting a firm stance against ongoing inflationary pressures. The decision, made following the most…

A recent government report from the Canada Mortgage & Housing Corp. (CMHC) indicates that even a doubling of homebuilding activity in Canada would only restore housing affordability to levels seen…

Citing export curbs, China’s overseas shipments of rare earth magnets plummeted in May, falling to their lowest levels in over five years and halving from April’s figures.Beijing said this month…

Iran’s economy is barely holding together. In fact, it was collapsing before the war even began.As missile strikes with Israel escalate, and global tensions keep rising, a question gets overlooked.…