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Home / Economy

Economy

Latest news and updates from this category.

Bank of England Holds Interest Rates at 3.75% as Inflation Cools to 2.8%Economy
Jun 18, 2026By Ali Raza Sheikh

Bank of England Holds Interest Rates at 3.75% as Inflation Cools to 2.8%

The Bank of England has held its benchmark interest rate at 3.75% as UK inflation cools to 2.8%. This decision provides ...

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World Bank and OECD Warn of Weakened Global Economic Outlook Amid Energy ShocksEconomy
Jun 18, 2026By Ali Raza Sheikh

World Bank and OECD Warn of Weakened Global Economic Outlook Amid Energy Shocks

The World Bank and OECD warn that the global economic outlook has weakened significantly due to energy shocks and inflat...

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Federal Reserve Holds Rates Steady Under New Chair Kevin Warsh as Inflation PersistsEconomy
Jun 18, 2026By Ali Raza Sheikh

Federal Reserve Holds Rates Steady Under New Chair Kevin Warsh as Inflation Persists

The Federal Reserve held its interest rate steady at 3.50%-3.75% under new Chair Kevin Warsh following hotter-than-expec...

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ECB Hikes Interest Rates for First Time Since 2023 Amid Energy ShockEconomy
Jun 18, 2026By Ali Raza Sheikh

ECB Hikes Interest Rates for First Time Since 2023 Amid Energy Shock

The European Central Bank has raised interest rates for the first time since 2023 to combat surging energy costs driven ...

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Housing Breakthrough: Federal Subsidies for 3D-Printed Homes Slash Building CostsEconomy
Jun 17, 2026By Ali Raza Sheikh

Housing Breakthrough: Federal Subsidies for 3D-Printed Homes Slash Building Costs

The federal government has announced sweeping subsidies for 3D-printed and modular housing, slashing new build costs by ...

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The Green Premium Dies: Sovereign Wealth Funds Pivot $150B into Next-Gen NuclearEconomy
Jun 17, 2026By Ali Raza Sheikh

The Green Premium Dies: Sovereign Wealth Funds Pivot $150B into Next-Gen Nuclear

A consortium of sovereign wealth funds has committed $150 billion to next-generation nuclear reactors and grid-scale sto...

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The AI Dividend: Q2 Earnings Reveal Massive Productivity Boom Reshaping GDPEconomy
Jun 17, 2026By Ali Raza Sheikh

The AI Dividend: Q2 Earnings Reveal Massive Productivity Boom Reshaping GDP

Q2 2026 corporate earnings reveal a massive "AI Dividend," with companies reporting record profit margins due to unprece...

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Global Supply Chain Relief: Panama Canal Drought Ends, Shipping Costs PlummetEconomy
Jun 17, 2026By Ali Raza Sheikh

Global Supply Chain Relief: Panama Canal Drought Ends, Shipping Costs Plummet

The Panama Canal has fully restored its transit capacity following the end of a historic drought, causing global shippin...

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The Brakes Come Off: Federal Reserve Signals Imminent Rate Cuts as Inflation CoolsEconomy
Jun 17, 2026By Ali Raza Sheikh

The Brakes Come Off: Federal Reserve Signals Imminent Rate Cuts as Inflation Cools

The Federal Reserve has signaled imminent interest rate cuts after successfully cooling inflation without triggering a r...

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Asian Economic Pulse: China Releases May Data as Philippines Eyes 3% Growth in 2026Economy
Jun 16, 2026By Ali Raza Sheikh

Asian Economic Pulse: China Releases May Data as Philippines Eyes 3% Growth in 2026

Asian economies show divergent paths as China releases its May 2026 economic data to gauge stimulus impact, while the Ph...

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