Economy

Macroeconomic data, trends, and policy developments.

Coverage of key economic indicators, central bank policy decisions, inflation trends, labor data, and growth signals. This category focuses on the macroeconomic forces that shape markets, interest rates, and long-term capital allocation.

Articles

6,527 total articles

OPEC+ Seen Approving 188,000 bpd Aug. Output Increase as Supply Gradually Returns

OPEC+ Seen Approving 188,000 bpd Aug. Output Increase as Supply Gradually Returns

OPEC+ delegates are expected to authorize a further rise in production targets for August, amounting to 188,000 barrels per day, according to sources familiar with internal talks. The move would follow quota increases for June and July as the producer group continues a step-by-step restoration of supply disrupted during the recent conflict that clo…

Khamenei Family Members Lead Public Rites as New Supreme Leader Remains Unseen

Khamenei Family Members Lead Public Rites as New Supreme Leader Remains Unseen

Three of Ayatollah Ali Khamenei's sons attended public funeral services in Tehran for the late supreme leader and four family members, while Mojtaba Khamenei - who succeeded his father - did not appear. Authorities staged large-scale processions and mobilization plans as the country prepares further ceremonies at home and in Iraq, and reported inju…

Mass Mourning in Tehran as U.S. Says Talks with Iran Will Resume After Ceremonies

Mass Mourning in Tehran as U.S. Says Talks with Iran Will Resume After Ceremonies

Millions attended a second day of public mourning in Tehran for Iran's late Supreme Leader Ayatollah Ali Khamenei as U.S. President Donald Trump said negotiations with Tehran are expected to resume once weeklong funeral rites conclude. Ceremonies will continue in multiple Iranian cities and in Iraq before burial in Mashhad later this week. Diplomac…

EV battery life outpaces expectations as replacement worries linger

EV battery life outpaces expectations as replacement worries linger

Recent battery-performance data indicate that contemporary electric vehicle battery packs are holding up far better than many anticipated. Analytics from Recurrent find average EVs keep as much as 95% of their original driving range after five years, and replacement rates for vehicles built since 2022 have fallen to 0.3%. Despite these improvements…

Trump Delivers National Mall Address as U.S. Observes 250th Anniversary

Trump Delivers National Mall Address as U.S. Observes 250th Anniversary

President Donald Trump marked the United States' 250th anniversary with an address on the National Mall that celebrated the nation's history and called for unity. The program was delayed by weather for more than an hour, included military honors and historical flag displays, and concluded with a record-setting fireworks show. Organizers and authori…

New Zealand Pledges Seven New Trade Talks Under National Party Victory

New Zealand Pledges Seven New Trade Talks Under National Party Victory

New Zealand’s National Party has outlined an ambitious trade expansion plan, promising to initiate negotiations for seven new free trade agreements within its first five years in office if it wins the upcoming general election. The proposal aims to open new markets for New Zealand exporters, building on recent successes in India and the European Un…

Australia Advances Regional Security Ties and Nuclear Energy Deal With India

Australia Advances Regional Security Ties and Nuclear Energy Deal With India

Australia is moving forward with two major strategic agreements this week, formalizing a security partnership with Fiji and finalizing a uranium export deal with India. The Vuvale Union aims to expand defense cooperation in the Pacific, while the nuclear agreement addresses India's civilian energy needs. These developments highlight Canberra's focu…

Trump and Putin Hold Extended Dialogue on Ukraine, Iran, and NATO Logistics

Trump and Putin Hold Extended Dialogue on Ukraine, Iran, and NATO Logistics

U.S. President Donald Trump and Russian President Vladimir Putin conducted an 85-minute phone call on Saturday, addressing the ongoing war in Ukraine, the conflict involving Iran, and preparations for the upcoming NATO summit in Ankara. The conversation highlighted divergent approaches to conflict resolution, with Moscow emphasizing core interests …

Vance Urges Political Renewal in Britain, Signals Enduring US-UK Bond

Vance Urges Political Renewal in Britain, Signals Enduring US-UK Bond

U.S. Vice President JD Vance has expressed concern over the United Kingdom's recent political volatility, asserting that the nation has suffered from prolonged leadership failures. Following Prime Minister Keir Starmer’s announcement to resign after just two years in office, Vance highlighted the unprecedented frequency of leadership changes as evi…

Trump Administration Unveils Massive Regulatory Rollback Plan Targeting 702 Rules

Trump Administration Unveils Massive Regulatory Rollback Plan Targeting 702 Rules

The Trump administration has introduced a sweeping plan to dismantle 702 federal regulations across various agencies, signaling an aggressive push toward deregulation. This initiative, which builds upon hundreds of rules already addressed this fiscal year, is projected to yield up to $1.5 trillion in economic savings. Central to the strategy is the…

Goldman Lifts USD/JPY Targets as Japan Faces Continued Depreciation Pressure

Goldman Lifts USD/JPY Targets as Japan Faces Continued Depreciation Pressure

Goldman Sachs has raised its near- and medium-term forecasts for the dollar against the yen, pointing to higher-for-longer U.S. yields, limited U.S. recession risk, fiscal pressures in Japan and only incremental moves from the Bank of Japan as reasons the yen will likely remain under pressure. The bank now expects USD/JPY to reach 162 in three mont…

France's Budget Fight Escalates as Fiscal Strains and Political Risks Grow

France's Budget Fight Escalates as Fiscal Strains and Political Risks Grow

French officials have warned that failure to pass a new finance bill could deepen fiscal pressures and spark renewed political instability. The government is seeking support to reduce the budget deficit to below 5% of GDP by 2027, while cautioning that without a fresh budget the deficit could reach 6.5% as current spending rolls over. The debate un…

BofA: FX Intervention Leaves Mark on Reserves and Central Bank Balance Sheets

BofA: FX Intervention Leaves Mark on Reserves and Central Bank Balance Sheets

Bank of America observes that foreign exchange intervention, though infrequent among major economies, can have outsized effects on global markets, central bank reserves and U.S. Treasury trading. Recent activity in the Japanese yen and Swiss franc illustrate how official action, including coordinated operations and verbal guidance, can influence in…

European NATO Members Offset U.S. Force Reductions, Alliance Commander States

European NATO Members Offset U.S. Force Reductions, Alliance Commander States

European NATO allies have substantially replaced military assets the United States removed from its contingency plans for a potential European conflict, according to Sir John Stringer, the alliance's Deputy Supreme Allied Commander Europe. Speaking ahead of the upcoming NATO summit in Ankara, Stringer characterized the transition as a demonstration…

Warsh Reinforces Fed Independence, Targets 2% Inflation at ECB Forum

Warsh Reinforces Fed Independence, Targets 2% Inflation at ECB Forum

Federal Reserve Chairman Kevin Warsh delivered a firm statement of central bank independence and inflation targeting during a panel at the European Central Bank’s annual policy forum in Sintra, Portugal. Addressing questions regarding political influence and monetary policy direction, Warsh emphasized that the Fed will maintain its 2% inflation obj…

Russian Military Claims Full Takeover of Kostiantynivka in Eastern Ukraine

Russian Military Claims Full Takeover of Kostiantynivka in Eastern Ukraine

Russian military authorities announced on Friday that their forces have secured full control over Kostiantynivka, a critical defensive node in eastern Ukraine. The claim, delivered by General Valery Gerasimov during a visit from President Vladimir Putin to a forward command post, suggests a strategic shift in the broader campaign to consolidate Mos…

Katalyst's LINK embarks on mission to salvage NASA's aging Swift observatory

Katalyst's LINK embarks on mission to salvage NASA's aging Swift observatory

Katalyst Space Technologies launched a half-ton robotic spacecraft named LINK on July 3 to rendezvous with the Neil Gehrels Swift Observatory and boost the crippled satellite into a higher orbit. Built in nine months under a $30 million NASA contract, LINK aims to grasp Swift with robot arms and tow it to roughly 373 miles above Earth, potentially …