Economy
US stocks close in red as oil sees sharp fluctuations
Dow loses 0.44%, S&P 500 down 0.27%, Nasdaq off 0.28%; European stocks also end day with losses
US stocks close in red as oil sees sharp fluctuations
Dow loses 0.44%, S&P 500 down 0.27%, Nasdaq off 0.28%; European stocks also end day with losses
Energy shock to food prices: How Iran war is raising global inflation risks
Economists warn the impact of the US-Israel war with Iran could soon be felt in supermarket prices around the world
WTO warns Middle East crisis threaten 2026 global trade outlook
World Trade Organization warns that escalating conflicts in Middle East to drive up energy prices, slow global trade growth, and threaten food security
War toll worsens in Gulf countries as tourism, aviation face heavy losses
Escalating Middle East conflict causes massive contraction in tourism and aviation sectors, with tourism losses exceeding $12 billion on 20th day of war amid closed airspaces, canceled flights
European Central Bank keeps rates unchanged again at 2% amid Mideast war, inflation worries
Benchmark deposit rate remains unchanged at 2% for 6th time in a row, at lowest level since November 2022
US jobless claims decline
Number of people filing initial jobless claims in down by 8,000 to 205,000 in US last week
