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Home / Economy

Economy

Latest news and updates from this category.

The Subterranean Aqueducts: How BRICS 2026 is Bypassing the Bretton Woods PlumbingEconomy
Aug 10, 2026By Ali Raza Sheikh

The Subterranean Aqueducts: How BRICS 2026 is Bypassing the Bretton Woods Plumbing

Under its 2026 chairship, India hosted the 16th BRICS Trade Ministers' Meeting, accelerating the bloc's institutional ev...

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U.S. Economy Grew at a 2.8% Pace in the Second Quarter, Defying Recession FearsEconomy
Jul 27, 2026By Ali Raza Sheikh

U.S. Economy Grew at a 2.8% Pace in the Second Quarter, Defying Recession Fears

The U.S. economy expanded at a robust 2.8% annualized pace in the second quarter of 2026, significantly exceeding foreca...

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Wall Street Banks Post Record Profits Amid Sticky Inflation and Geopolitical RisksEconomy
Jul 21, 2026By Ali Raza Sheikh

Wall Street Banks Post Record Profits Amid Sticky Inflation and Geopolitical Risks

Wall Street’s major banks reported record-breaking second-quarter profits in 2026, defying economic slowdown expectati...

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Pakistan Successfully Contains FY26 Current Account Deficit to USD 139 Million Amid Global HeadwindsEconomy
Jul 19, 2026By Ali Raza Sheikh

Pakistan Successfully Contains FY26 Current Account Deficit to USD 139 Million Amid Global Headwinds

Pakistan's current account deficit for FY26 has been successfully contained at USD 139 million, representing just 0.03 p...

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Pakistan's Power Generation Plummets 2.5% as LNG Crisis IntensifiesEconomy
Jul 18, 2026By Ali Raza Sheikh

Pakistan's Power Generation Plummets 2.5% as LNG Crisis Intensifies

Pakistan's power generation declined 2.5% in June 2026 due to Qatar LNG supply disruptions caused by Middle East tension...

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Pakistan’s Inflationary Surge: June 2026 Data Reveals Persistent Economic HeadwindsEconomy
Jul 16, 2026By Ali Raza Sheikh

Pakistan’s Inflationary Surge: June 2026 Data Reveals Persistent Economic Headwinds

Pakistan’s headline inflation registered at 11.1% year-on-year in June 2026, driven primarily by elevated energy and t...

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Wholesale Prices Unexpectedly Decline 0.3% in June on Big Drop in GasolineEconomy
Jul 16, 2026By Ali Raza Sheikh

Wholesale Prices Unexpectedly Decline 0.3% in June on Big Drop in Gasoline

Wholesale prices unexpectedly fell 0.3% in June, driven by a sharp decline in energy costs, particularly gasoline. This ...

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U.S. Economy Grew at a 2.8% Pace in the Third Quarter, Less Than ExpectedEconomy
Jul 15, 2026By Ali Raza Sheikh

U.S. Economy Grew at a 2.8% Pace in the Third Quarter, Less Than Expected

The U.S. economy grew at a 2.8% annualized pace in the third quarter, slightly missing some Wall Street expectations but...

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US Economy Expands at 2.8% in Q2 2026, Outpacing Expectations Amid Cooling InflationEconomy
Jul 15, 2026By Ali Raza Sheikh

US Economy Expands at 2.8% in Q2 2026, Outpacing Expectations Amid Cooling Inflation

The U.S. economy expanded at an annualized rate of 2.8% in the second quarter of 2026, surpassing expectations of 2.1%. ...

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Pakistan Economy Grows 3.7% in FY26, Marking Fastest Expansion in Four Years Despite Global HeadwindsEconomy
Jul 15, 2026By Ali Raza Sheikh

Pakistan Economy Grows 3.7% in FY26, Marking Fastest Expansion in Four Years Despite Global Headwinds

Pakistan's economy recorded a 3.7% growth rate in FY26, marking the fastest expansion in four years despite falling slig...

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