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As the Iran war rages on, U.S. Treasury yields – the market’s gauge of borrowing costs – have surged to multi-month highs, pricing in delayed Fed rate cuts and higher inflation expectations. The question is at what point the Treasury market, which underpins global finance, starts causing trouble for both the government and the economy, […]

As the ongoing United States of America and Israel’s combined military operation in Iran is disrupting global shipping and crude oil supply, Nigeria’s manufacturing sector is once again exposed to the vagaries of tempestuous global supply chain, writes Dike Onwuamaeze The global economy is experiencing the third wave of disruptions in six year. The first […]

WELLINGTON, New Zealand | The head of the International Energy Agency said Monday that the global economy faces a “major, major threat” because of the Iran war. “No country will be immune to the effects of this crisis if it continues to go in this direction,” Fatih Birol said at Australia’s National Press Club in […]

The national average price for a gallon of regular unleaded gasoline is on the verge of hitting $4 for the first time since 2022. That price level is relative: A $4 gallon of gas would be welcome in California, Washington state or Hawaii, where the state averages run north of $5 per gallon; while residents […]

On March 23, the central parity rate of the renminbi against the US dollar was reported at 6.9041, down by 143 basis points. The probability of the Federal Reserve maintaining interest rates unchanged in April is 87.6%, while the probability of a rate hike is 12.4%. According to CME’s ‘FedWatch’: The probability of the Federal […]

In the days after the US and Israel first bombed Iran, financial markets bet the economic fallout from Donald Trump’s “little excursion” in the Middle East would be short-lived. “There are risks from higher oil prices longer term. But this is a tail risk,” one US-based fund manager said after the airstrike killing Iran’s supreme […]

Fuel prices are under pressure as fears grow oil could surge towards $200 a barrel (Image: Sheldon Cooper/SOPA Images/Shutterstock) Oil prices could soar to a staggering $200 a barrel amid fears that escalating conflict in the Middle East may choke off one of the world’s most critical energy supply routes. Market analysts are warning that […]

Experts said NTN USA Corp.’s decision to ramp down and close a plant in Columbus will be detrimental to the local economy in the short term and could be a sign of broader weakness. On Thursday, Illinois-based NTN USA Corp. announced that it is undertaking what it describes as a “significant transformation” of its North […]

There are lots of projects afoot in the Indiana Dunes this year, from unearthing Mount Baldy from a pile of sand to welcoming former campers to the restored Camp Goodfellow Lodge. The projects were unveiled Thursday afternoon by leadership of Indiana Dunes Tourism and Indiana Dunes State and National parks at the annual State of […]