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HISTORICAL FACTS: 6 - The Untold Story

S&P 500 and Nasdaq 100 Rally to Record Highs on Earnings Optimism

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.62%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. June E-mini S&P futures (ESM26 ) rose +1.01%, and June E-mini Nasdaq futures...

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

Dollar Weakens as Japan Intervenes in Forex Market to Support the Yen

The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after the Nikkei reported that the Japanese government and the BOJ conducted yen-buying operations. Earlier on Thursday, Japanese Finance Minister Satsuki Katayama warned...

Argentine workers mark May Day with protests over Milei's labor-law overhaul

Argentine workers mark May Day with protests over Milei's labor-law overhaul

Argentine workers were protesting in the capital of Buenos Aires as annual May Day demonstrations in the South American nation coincided with smoldering anger over President Javier Milei’s recent overhaul of long-robust labor protections and increased unemployment

The Independent UK

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India’s demographic dividend at risk as jobs, skills gap persist

India’s demographic advantage—with over 65% of its population under 35—faces growing pressure due to weak job creation, skill gaps and rising unemployment among youth, who account for 83% of the jobless. Despite economic recovery, limited employment opportunities and low employability are pushing many young workers into gig roles, often without…

The Economic Times

Stocks Rally as Nasdaq 100 Posts a New Record High on Tech Earnings

The S&P 500 Index ($SPX ) (SPY ) today is up +0.39%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +1.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.17%. June E-mini S&P futures (ESM26 ) are up +0.35%, and June E-mini Nasdaq futures...

Dollar Falls as the Yen Rallies on Intervention Talk

The dollar index (DXY00 ) today fell to a 1-week low and is down by -0.67%. Today’s +2% rally in the yen is weighing on the dollar after Japanese Finance Minister Satsuki Katayama warned that Japan is close to intervening in the forex market to support the yen. Also, lower...

Stocks See Support from Lower Crude Prices, While Mega-Cap Tech Earnings are Mixed

The S&P 500 Index ($SPX ) (SPY ) today is up +0.08%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.18%. June E-mini S&P futures (ESM26 ) are up +0.11%, and June E-mini Nasdaq futures...

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U.S. jobless aid filings fall to 189,000 last week despite multiple economic headwinds, war in Iran

U.S. jobless aid filings fall to 189,000 last week despite multiple economic headwinds, war in Iran

The number of Americans filing for unemployment benefits tumbled below 200,000 last week despite a number of economic headwinds including the war in Iran

The Independent UK

Stocks Rise Before the Open as Investors Weigh Big Tech Earnings, Iran War News

Stocks Rise Before the Open as Investors Weigh Big Tech Earnings, Iran War News

June S&P 500 E-Mini futures (ESM26) are up +0.15%, and June Nasdaq 100 E-Mini futures (NQM26) are up +0.22% this morning as investors digest earnings reports from big U.S. tech companies and the latest developments in the Iran war.

AI won't kill your job — it will kill the path to your first one

AI won't kill your job — it will kill the path to your first one

The AI disruption story is being told wrong. Firms aren't firing — they're freezing hiring.

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Lloyds takes £151m hit from Iran war as it forecasts rise in UK unemployment

Bank expects its base case for GDP growth to be 0.5% this year, lower than IMF’s 0.8% prediction for Britain

The Guardian - UK

A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says

A 160-year-old paradox explains why AI will create more lawyers and accountants—not fewer, top economist says

Apollo chief economist Torsten Slok thinks AI doomers may be proven wrong. Just swap in "people" for "coal" in Jevons Paradox.

War With U.S. And Israel Pushes Millions Of Iranians Toward Unemployment As Economy Tanks

War With U.S. And Israel Pushes Millions Of Iranians Toward Unemployment As Economy Tanks

While sanctions and inflation already battered the Iranian economy before the war with the United States and Israel, the conflict has pushed millions of Iranians closer to unemployment and poverty, according to a new report.

International Business Times

Here’s how Canadian households can recession-proof finances as economic uncertainty climbs

Here’s how Canadian households can recession-proof finances as economic uncertainty climbs

Canada’s economic policy uncertainty index has climbed back to levels not seen since the COVID-19 pandemic, a sign that a more volatile period may be taking hold. Income inequality hit a record high last year, and youth unemployment reached 14.6 per cent in September 2025, its highest point since 2010,…

The Conversation

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The Conversation

Mopane worm and termite sales relieve poverty in rural South Africa – studies explore the impact

South Africa’s Limpopo province borders Zimbabwe, Botswana and Mozambique. It is one of the poorest provinces in the country. This is due to a combination of historical underdevelopment, a high unemployment rate, heavy reliance on government grants and a rural-based economy with limited industrial diversification.

International Business Times

U.S. Jobless Claims Edge Higher As Labor Market Holds Steady Amid Global Strain

U.S. unemployment claims ticked up slightly in the latest weekly report, reinforcing a picture of a labor market that is slowing gradually but remains historically stable.

Evening Standard

Revealed: Londoners' working week at 21-year record high as unemployment rises in cost of living crisis

EXCLUSIVE: How the capital’s workforce has been hit by tax rises, the Covid pandemic, wars and now faces artificial intelligence turmoil

The Independent UK

McDonald’s UK boss says ‘hard to do business’ but will keep investing in workers

The firm has unveiled its largest paid work experience programme to help tackle rising youth unemployment.

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Evening Standard

McDonald’s UK boss says ‘it's hard to do business’ but will keep investing in workers

The firm has unveiled its largest paid work experience programme to help tackle rising youth unemployment

Federal Job Cuts Hit Black Women Hard — A Year Later, Unemployment Is Up

Losses in government positions are undermining a critical engine of economic mobility for the Black middle class.

The Independent UK

Surprise fall in UK unemployment – but pay growth also slows

The Guardian - UK

UK jobs market was in a fragile state – even before Iran war threatened recovery

Despite surprise fall in unemployment, weak wage growth and inflation pressures put the squeeze on workers

The Times of India

UK unemployment rate falls to 4.9% as wage growth hits slowest pace since 2020

The UK’s unemployment rate fell unexpectedly to 4.9% in the three months to February, while wage growth slowed to its weakest pace in more than five years, according to data from the Office for National Statistics, the BBC reported.

The Guardian - UK

Wage growth hits lowest level since November 2020; Rachel Reeves will not take ‘knee jerk’ action on Iran war – as it happened

Rolling coverage of the latest economic and financial news

Evening Standard

Unemployment drops sharply as inactivity in jobs market rises

The ONS said the rate of UK unemployment dropped sharply to 4.9% in the three months to February, down from 5.2% in the three months to January.

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