Hormuz shipping recovers after truce, but vessel attack slows confidence
Traffic through the Strait of Hormuz has risen since a U.S.-Iran truce, though a cargo ship strike and unclear routing rules are k...
By Ingrid Halvorsen 2 months agoSection
Economics
Iran warns Hormuz vessels against routes not cleared by Tehran
The IRGC Navy said ships must use Iranian-designated corridors, keeping pressure on a key energy chokepoint despite a provisional...
By Sarah Jenkins 2 months ago
Goldman sees World Cup adding 40,000 jobs to June payrolls
Homebase data point to stronger hiring in World Cup host cities, lifting Goldman’s payroll estimate above the Dow Jones consensus.
By Ingrid Halvorsen 2 months ago
ECB raises rates to 2.25% as energy shock lifts euro zone inflation
The European Central Bank lifted borrowing costs for the first time since 2023 and cut its growth outlook as the Iran war pushed u...
By Ingrid Halvorsen 2 months ago
Nevada leads US workforce growth as economy broadens beyond casinos
BLS data show Nevada’s workforce rose 1.9% in the year to April 2026, outpacing every other state as hiring spread beyond gaming.
By Ingrid Halvorsen 2 months agoUS labor force participation falls to lowest non-Covid level since 1976
BLS data showed the June jobless rate fell to 4.2% as 720,000 people left the labor force, masking weaker household employment.
By Ingrid Halvorsen 2 months agoBank of England holds rate at 3.75% as energy shock clouds inflation
The U.K. central bank kept rates unchanged, with policymakers weighing weak output against inflation risks tied to the Iran war an...
By David L. Chen 2 months ago
Hormuz reopening may not quickly reverse inflation shock, analysts say
A U.S.-Iran memorandum eased supply fears, but economists say energy, food and rate pressures from the Hormuz war will persist.
By Ingrid Halvorsen 2 months agoUK output slips 0.1% in April as energy shock hits activity
Services weakness pulled UK GDP lower in April, with firms telling the ONS the Iran conflict had raised fuel and energy costs.
By Ingrid Halvorsen 2 months ago
Iranian oil tankers leave Hormuz blockade as shipping firms await deal
Kpler data show three Iran-linked tankers carrying nearly 5mn barrels of crude have crossed the U.S. blockade perimeter before a p...
By Sarah Jenkins 2 months ago
US private hiring slowed to 98,000 jobs in June, ADP says
ADP said private employers added fewer jobs than economists expected in June, with health and education services accounting for ne...
By Sarah Jenkins 2 months ago
US inflation reaches 4.2% in May as energy costs jump
The CPI rose 0.5% in May, matching expectations, while core inflation was cooler than forecast as energy drove the annual rate to...
By Ingrid Halvorsen 2 months ago