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UK Economy Faces Largest Growth Hit From Iran Conflict: OECD
Economy

UK Economy Faces Largest Growth Hit From Iran Conflict: OECD

OECD slashes UK growth forecasts amid US-Israel-Iran conflict escalation. Britain faces steepest economic downgrade among major world economies.

4h ago5 min read
Co-op CEO Resigns Amid Toxic Workplace Culture Allegations
Economy

Co-op CEO Resigns Amid Toxic Workplace Culture Allegations

Co-op Group CEO Shirine Khoury-Haq steps down following BBC reports of toxic workplace culture and a challenging year marked by cyber-attacks and internal turmoil.

4h ago
5 min read0
IMF Raises Global Growth Forecast to 3.2% Amid Resilient Demand
Economy

IMF Raises Global Growth Forecast to 3.2% Amid Resilient Demand

The International Monetary Fund upgraded its global growth projection citing stronger U.S. performance.

9h ago
4 min read54,200
Federal Reserve Holds Rates Steady as Inflation Shows Signs of Cooling
Global Markets

Federal Reserve Holds Rates Steady as Inflation Shows Signs of Cooling

The U.S. Federal Reserve maintained its benchmark interest rate at a 23-year high on Wednesday, citing encouraging progress on inflation while signaling that rate cuts could be on the horizon if data continues to improve.

10h ago
5 min read142,300
S&P 500 Hits Record High as Earnings Season Exceeds Estimates
Markets

S&P 500 Hits Record High as Earnings Season Exceeds Estimates

Wall Street rallied sharply as more than 78% of S&P 500 companies reported earnings that beat analyst forecasts.

11h ago
6 min read87,300
AI Investment Surge Drives Global Tech Spending to Record $4.9 Trillion
Technology

AI Investment Surge Drives Global Tech Spending to Record $4.9 Trillion

Global technology spending surged to an unprecedented $4.9 trillion in 2025, fueled by massive investments in artificial intelligence infrastructure, cloud computing, and enterprise automation tools.

12h ago
7 min read98,500
Global Commercial Real Estate Rebounds as Office Vacancies Decline
Real Estate

Global Commercial Real Estate Rebounds as Office Vacancies Decline

Commercial property markets are staging a recovery in major cities, with office vacancy rates falling for the first time since the pandemic.

13h ago
5 min read32,100
OPEC+ Agrees to Extend Production Cuts Through End of 2025
Energy

OPEC+ Agrees to Extend Production Cuts Through End of 2025

OPEC+ members reached a landmark agreement to extend their 2.2 million barrel-per-day production cut arrangement through December 2025, pushing crude oil prices above $85 per barrel.

14h ago
4 min read76,200
EU and India Finalize Historic Free Trade Agreement After 8 Years
Trade

EU and India Finalize Historic Free Trade Agreement After 8 Years

The European Union and India concluded negotiations on a comprehensive free trade deal covering goods, services, and digital trade worth an estimated €100 billion annually.

15h ago
7 min read41,800
China's Economy Surpasses Expectations With 5.3% GDP Growth in Q1
Asia Pacific

China's Economy Surpasses Expectations With 5.3% GDP Growth in Q1

China reported stronger-than-expected first quarter economic growth of 5.3%, buoyed by robust manufacturing output and export demand, outpacing analyst forecasts.

16h ago
6 min read115,800
JPMorgan Reports Record Profits as Net Interest Income Remains Elevated
Banking

JPMorgan Reports Record Profits as Net Interest Income Remains Elevated

JPMorgan Chase reported record quarterly profits of $14.5 billion, driven by persistently high interest rates boosting net interest income.

17h ago
4 min read29,500
Bitcoin Climbs Past $95,000 as Institutional Adoption Accelerates
Cryptocurrency

Bitcoin Climbs Past $95,000 as Institutional Adoption Accelerates

Bitcoin surged past the $95,000 threshold on Tuesday as major institutional investors continued to pour capital into spot Bitcoin ETFs, with BlackRock and Fidelity reporting combined inflows exceeding $1.2 billion in a single week.

18h ago
5 min read204,100