The Iran was there adds new pressure to the slowing US labor market, with at least one major employer already halting hiring plans. Unilever, which owns brands such as Dove and Vaseline, told CBS News on Tuesday that it is close to hiring. unstable economic situation. In a report obtained by Reuters, the manager of … Read more
NEW YORK — Consumers increased their spending in February, particularly on cars and clothing, after pulling back earlier in the year due to severe winter storms. Retail sales rose a more than expected 0.6% in February, from a 0.1% decline in January, the Commerce Department said Wednesday. But there is concern that the war in … Read more
Your support helps us tell the story From reproductive rights to climate change to Big Tech, The Independent is breaking new ground as the story unfolds. Whether it’s investigating the finances of Elon Musk’s pro-Trump PAC or producing our latest film, ‘The A Word’, which shines a light on American women fighting for reproductive rights, … Read more
If April Fools have a patron saint in politics, it might be the candidate who promises lower spending and less war, then delivers the opposite of both. Just a few months into his second term, the gulf between Donald Trump on the campaign trail and Donald Trump in office has become hard to ignore. These … Read more
The Aloha State burns imported oil to generate most of its electricity. As prices continue to rise, electricity bills are expected to increase by 20% to 30% in the coming months. Islanders are already suffering at the pump as the US and Israel continue their war with Iran, but when it comes to their electricity … Read more
TOKYO – In Asia, no national leader has been better at managing a dysfunctional economy than India’s Narendra Modi. Whenever the numbers are disappointing, the prime minister delivers the latest version of his party’s ad campaigns. Recently, this has been the Goldilocks era of growth. Yet Modi faces an economic symptom he cannot explain: a … Read more
Food price rises could hit 9% in the UK this year, even if the strait of Hormuz opens in the next few weeks, figures suggest, as the Iran war raises energy prices. The Food and Drink Association, which represents 12,000 food and drink manufacturers, has predicted that prices will rise by “at least” 9% by … Read more
US President Donald Trump visits to sign an executive order in the Oval Office of the White House in Washington, DC, March 31, 2026. Evan Vucci | Reuters Hi, this is Dylan Butts writing to you from Singapore. Welcome to another edition of CNBC’s Daily Open. Global markets weighed down by the US-Iran conflict continued … Read more
In early March, gas prices went up almost overnight. Propane prices soon followed. Anyone who uses gasoline for their car, truck, generator, or home heating will soon feel the change in their bank account. Reason is not magic; it is a global energy system that deals with conflicts. When tensions rise in the Middle East, … Read more
The Bureau of Labor Statistics reported Tuesday that the hiring rate fell to 3.1% in February, with just 4.8 million new hires, the lowest since April 2020. Job openings fell to 6.9 million, down 358,000 from January. The unemployment rate was lower at 1.9%, while the unemployment rate remained at 1.1%, and the number of … Read more