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THE TRUTH ABOUT: Ryan sweet - Caught on Camera

Strait of Hormuz Crisis: Oil Surges 6% After Iranian Forces Attack Three Tankers, Prompting US Retaliation

Oil prices surged over 6% following attacks on tankers in the Strait of Hormuz, causing U.S. stocks to retreat amid fears of escalating tensions between Washington and Tehran.

International Business Times UK

The key global economic risks to watch in the second half of 2026

After six months defined by war, an oil shock and a frenzied AI trade, economists say the rest of the year hangs on a chain of interlocking risks, with the fragile peace between the US and Iran as the key factor.

Euronews

Trump hails Iran deal but conflict continues to cast long shadow over global economy

As the price of crude oil falls governments are counting the costs of the war in the Middle East

The Guardian - UK

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What it will mean for the economy if the Strait of Hormuz stays closed

If the military situation doesn't change soon, it will create a stagflationary drag on the U.S. economy.

Axios

Recession and stagflation risks are rising due to Iran conflict, as economist warns it’s ‘getting harder to argue disruption will be temporary’

"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.

Fortune

Fed up: inside Trump’s unprecedented bid to exert control over the US central bank

The US president and his allies spent 2025 attacking the Federal Reserve amid a rollercoaster year for the US economy

The Guardian - US

Fed’s expected rate cut today is less about stimulating the economy and more about protecting the jobs market from ‘shattering’

A cut is something of an “insurance policy against a shattering of the U.S. labor market,” UBS chief economist Paul Donovan said.

Fortune

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A Fed Rate Cut Is Done Deal–But Powell's Words Could Spark The Meltup

The markets have already celebrated the Fed's next move — now they want a new reason to keep the party going.

Benzinga

Here's why the US shutdown may prove more painful than past crises

Government shutdowns aren't uncommon in the US, but this one could be more damaging that prior crises. President Trump is threatening permanent job cuts at a time when the labour market is already weak.

Euronews

Prices Are Rising, Jobs Are Gone — Can The Fed Stop A Stagflation Spiral?

An unsettling mix of rising consumer prices and surging layoffs is amplifying fears of stagflation right at the end of the third quarter, putting the Federal Reserve in an increasingly untenable position as it weighs a rate cut next week.

Benzinga

Powell ‘holds the key’ to the next Fed rate move as divided policymakers will likely fail to reach a consensus again, JPMorgan says

Another contested meeting would mark further deviation from the Fed’s traditional consensus-driven decision-making process.

Fortune

Powell Delivers A Summer Surprise To Wall Street–And Your Wallet Wins

Federal Reserve Chair Jerome Powell just gave Wall Street—and Main Street—a reason to celebrate.

Benzinga

Under Trump Pressure, US Fed Chief To Walk Tightrope In Speech

US Federal Reserve chief Jerome Powell is expected to walk a fine line while delivering a closely watched speech at a central banking conference on Friday, as he faces down attacks from President Donald Trump alongside mixed economic data.

International Business Times

US Fed Poised To Hold Off On Rate Cuts, Defying Trump Pressure

The US central bank is widely expected to hold off slashing interest rates again at its upcoming meeting, as officials gather under the cloud of an intensifying pressure campaign by President Donald Trump.

International Business Times

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The Guardian - US

Trump takes on the Fed – but he has little power over central bank, economists say

President has savaged Federal Reserve chair Jerome Powell for not lowering interest rates, but he can’t easily fire him

Euronews

The dollar sees a rebound after US strikes Iran, but can it continue?

The greenback may rise further if Iran decides to block the Strait of Hormuz, while the value of safe-haven alternatives like the euro and the yen are predicted to slide.

The Independent UK

Federal Reserve leaves key rate unchanged as it sees risk of higher prices and higher unemployment

The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of higher unemployment and higher inflation have risen

International Business Times

Clock Ticks On Trump's Reciprocal Tariffs As Countries Seek Reprieve

The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide range of tariffs against countries running persistent trade imbalances with the United States.

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International Business Times

Autos, Food: What Are The Risks From Trump's Tariff Threat?

Fresh US tariffs on Canada and Mexico could raise costs of automobiles and building materials, analysts said Tuesday, after President-elect Donald Trump threatened to erect new trade barriers.

International Business Times

US September Trade Deficit Widest In Over Two Years

The US trade deficit expanded in September to its widest since early 2022 as imports increased while companies stocked up ahead of possible disruptions like a dockworkers' strike, according to government data released Tuesday.

Top News

Hurricane Milton's Potential Impact On US Economy

Hurricane Milton's projected impact on the US economy includes job losses, reduced GDP, and disruptions in various sectors.

International Business Times

The US Economy Is Solid: Why Are Voters Gloomy?

Cooling inflation, low unemployment, robust economic growth and... downbeat voters.

International Business Times

Economists Push Back on Harris Plan To Ban Price Gouging

Kamala Harris's policy to combat price gouging has been criticized by analysts who say it is an uncompetitive proposal that could end up hurting US consumers.

Al Jazeera

US sharply lowers number of jobs added in year ending in March

The downgrade has raised concerns the US economy is slowing and the Fed has waited too long to cut interest rates.

Al Jazeera

US inflation slows in July, clearing way for a cut in interest rates

The annual increase in inflation slowed to below three percent for the first time in nearly 3.5 years.

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