Economic discontent on minds as US votes in midterm elections

Americans deliver their verdict on Donald Trump's tumultuous second presidency Tuesday in midterm elections. (REUTERS)

Americans deliver their verdict on Donald Trump’s tumultuous second presidency Tuesday in midterm elections that threaten to shatter his grip on Washington, with Democrats poised to seize the House and challenge for control of the Senate. Americans deliver their verdict on Donald Trump’s tumultuous second presidency Tuesday in midterm elections. (REUTERS) Republicans losing the House … Read more

UN condemns US economic embargo of Cuba though more nations sit out after Trump administration push

UN condemns US economic embargo of Cuba though more nations sit out after Trump administration push

UNITED NATIONS — The U.N. General Assembly condemned the U.S. economic embargo of Cuba for the 34th year on Wednesday, even as Washington’s campaign to influence the outcome led to a number of countries voting against the resolution or sitting out the decision for the first time. UN condemns US economic embargo of Cuba though … Read more

US and Cuban officials engage in a shouting match during a UN debate over the economic embargo

US and Cuban officials engage in a shouting match during a UN debate over the economic embargo

U.S. and Cuban officials engaged in a stunning shouting match on the floor of the United Nations General Assembly on Tuesday, the latest in a series of public spats between the longtime adversaries over Washington’s escalating economic campaign against Havana. US and Cuban officials engage in a shouting match during a UN debate over the … Read more

US Treasury yields hold steady ahead of fed rate decision, PCE inflation data and key US economic reports this week

US Treasury yields hold steady ahead of the Federal Reserve rate decision and key inflation data.

US Treasury yields remained mostly steady on Monday as investors prepared for the Federal Reserve’s interest rate decision and several important economic reports due this week. Investors are watching these updates to understand the direction of US interest rates and the economy. US Treasury yields hold steady ahead of the Federal Reserve rate decision and … Read more

US Treasury yields hold steady as investors await economic data ahead of Fed rate decision on October 28

US Treasury yields remain steady ahead of the Federal Reserve's rate decision. (Bloomberg file photo for representation)

US Treasury yields remained largely unchanged on Wednesday as investors waited for fresh economic data to understand the health of the US economy. The data could offer clues about the Federal Reserve’s next interest rate decision, which is scheduled for next week. US Treasury yields remain steady ahead of the Federal Reserve’s rate decision. (Bloomberg … Read more

JPMorgan invests $5 billion in US industries tied to economic and national security

JPMorgan Chase invests $5 billion in US industries linked to economic and national security. (File photo/REUTERS)

JPMorgan Chase has invested $5 billion in US industries linked to economic and national security. The bank said the equity investments are aimed at supporting industries that are important to the United States’ economy and national security. JPMorgan Chase invests $5 billion in US industries linked to economic and national security. (File photo/REUTERS) The investment … Read more

Nobel Economics Prize 2026: Who are Robert Hall and Michael Woodford, and how can they help control economic shocks?

Robert Hall and Michael Woodford win the 2026 Nobel Economics Prize for research on economic stability. (Photo by Jonathan Nackstrand / AFP) (AFP)

US economists Robert E. Hall and Michael Woodford jointly won the 2026 Nobel Economics Prize on Monday. They were awarded the prize for their research on how governments and central banks can manage changes in the economy. Robert Hall and Michael Woodford win the 2026 Nobel Economics Prize for research on economic stability. (Photo by … Read more

Iran hesitates to clamp down on defiance of headscarf rules as war and economic pressures mount

Iran hesitates to clamp down on defiance of headscarf rules as war and economic pressures mount

Women sit at outdoor cafes without headscarves and wearing crop tops. Men in shorts and women in leggings exercise together in parks. At sidewalk concerts, women stop to dance and literally let their hair down. Iran hesitates to clamp down on defiance of headscarf rules as war and economic pressures mount The scenes from the … Read more

South African business delegation aims to boost economic ties during India visit

South African business delegation aims to boost economic ties during India visit

Johannesburg, A South African business delegation will visit New Delhi next week to explore opportunities to expand economic ties with India and address the trade imbalance between the two countries. South African business delegation aims to boost economic ties during India visit The South African BRICS Business Council will attend the BRICS Business Council and … Read more

China warns US of retaliation if Trump’s ‘Economic D-Day’ sanctions hit their Iran oil trade

China warns US of retaliation if Trump's 'Economic D-Day' sanctions hit their Iran oil trade

China has warned the US that it could retaliate if Washington significantly expands secondary sanctions on Chinese companies doing business with Iran China has warned that it could take retaliatory measures if the United States significantly expands secondary sanctions targeting Chinese companies doing business with Iran, according to reporting by the Financial Times.The warning came … Read more