IBARAKI, JAPAN – JUNE 17: Technicians at work in the clean room of the Fab Equipment at a semiconductor company, Renesas Technology Corp. on June 17, 2004 in Ibaraki, Japan. Renesas is the first company to produce semiconductor products from 300mm wafer in the world. (Photo by Koichi Kamoshida/Getty Images) Koichi Kamoshida | Getty Images…
Natural gas burners on a gas stove are seen in Rzeszow, Poland, on December 28, 2025. Nurphoto | Nurphoto | Getty Images Inflation in the euro zone jumped to 2.5% in March, according to the latest preliminary figures from Eurostat on Tuesday. Euro zone inflation was up from 1.9% in February and jumped well ahead…
LIANYUNGANG, CHINA – FEBRUARY 28: Employees produce stuffed toys for export at a toy factory on February 28, 2026 in Lianyungang, Jiangsu Province of China. Si Wei | Visual China Group | Getty Images China’s official gauge for manufacturing activity climbed more than expected in March to mark its best performance in a year and snapping…
In 1973, OPEC proclaimed an oil embargo on the U.S. for its decision to resupply the Israeli military during the Yom Kippur war. The embargo lasted until March 1974, and during this time oil prices quadrupled. To control supply, the federal government under Nixon rationed oil, by state, to 1972 levels. By February 1974, it…
The stock market enters the week ahead battered and bruised by the war in Iran. In the coming days, weary investors will also need to contend with a fresh batch of jobs data and a few stragglers on the earnings front, including Club name Nike . The conflict in the Middle East will remain the…
Pheelings Media | Istock | Getty Images The average tax refund is 10.9% higher so far this season, compared with about the same period in 2025, according to the latest IRS filing data. As of March 20, the average refund amount for individual filers was $3,571, up from $3,221 roughly one year ago, the IRS reported on Friday. The…
Crowds of pedestrians and shoppers walk along Weinstrasse toward Marienplatz in Munich, Germany, on March 14, 2026. Michael Nguyen | Nurphoto | Getty Images European government bonds continued to sell off on Friday, building on a rout that has seen multiple countries’ borrowing costs hit multi-decade highs in recent weeks. Thursday saw the yield on…
A ticker and a screen display stock prices at the Bombay Stock Exchange (BSE) building in Mumbai, India, on Thursday, July 31, 2025. Photographer: Dhiraj Singh/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Foreign investors are on track to pull a record $12 billion from Indian equities this March as the Iran war…
While the impact of the war in Iran is sparing no major global economy, the U.K. is predicted to bear the greatest economic hit of any developed market nation, according to the Organization for Economic Cooperation and Development. In its latest economic report revising growth and inflation forecasts made in December, the OECD made steep…
U.S. President Donald Trump arrives at the G7 summit in Kananaskis, Alberta, Canada, June 16, 2025. Kevin Lamarque | Reuters The U.S. and Israeli war on Iran is having a catastrophic impact on the global economy, European members of the G7 have warned ahead of a key summit on Thursday. Foreign ministers from the group…
