Oil is the lifeline of Iran’s economy. The country holds about 9% of the world’s proven oil reserves, making it the fourth-largest holder of oil reserves in the world...
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The US labor market showed signs of weakness in February. According to the latest report from the Bureau of Labor Statistics (BLS), total nonfarm payroll employment...
Every day, millions of barrels of oil move across oceans on large tankers. These shipments travel through a few narrow sea routes called maritime chokepoints. According...
At the end of 2025, the global economy crossed yet another historic threshold. Total global debt surged to $348 trillion. In just one year, nearly $29 trillion was added...
In the latest UBS Billionaire Survey 2025, global wealthy investors have picked the factors they think might have the most negative impact on the market. At the top of...
The world’s richest individuals are getting richer at a pace that is far faster than before. According to the latest Oxfam report, billionaire fortunes have grown three...
Wealth inequality and the so-called “K-shaped” economy are more striking than ever in the United States. Income inequality in the United States has moved up and down...
The world’s billionaires are richer than ever. Even with market ups and downs, the increase in tech stocks and strong financial markets led to a new record in...
US unemployment stands at 4.4% overall, but this rate varies significantly across states. States such as California (5.5%), New Jersey (5.4%), Nevada (5.2%), Oregon (5...
