US consumer sentiment dropped to its lowest level on record in early April, reflecting growing concerns over inflation and economic uncertainty, according to a widely watched survey released on Friday.The University of Michigan’s Surveys of Consumers reported that its Consumer Sentiment Index fell sharply to 47.6 this month, compared to…
US leveraged loan funds are witnessing significant investor withdrawals this year.Reflecting growing caution around credit risk and broader concerns…
Europe’s airport industry has raised concerns over a looming jet fuel shortage that could materialise within the next three…
Global markets navigated a complex mix of geopolitical tension, commodity swings, and technology-driven momentum on Friday, as the United…
Even with the two-week ceasefire between the US and Iran, shipping activities through the Strait of Hormuz would take…
Emerging and developing economies in Europe and Central Asia will experience slower growth in 2026 due to the effects…
Traders have begun factoring in the possibility of an interest rate cut by the end of the year following…
A fragile ceasefire between the United States and Iran faced an early test after Tehran halted oil tanker traffic…
Minutes from the Federal Reserve’s March meeting showed policymakers still expect to lower interest rates this year, even as…