global economy

Global financial markets came under renewed pressure after Donald Trump declared that the ceasefire between the United States and Iran was “over,” triggering a sharp rise in oil prices and …

Seven members of the OPEC+ alliance have agreed to modestly increase their monthly oil production as global crude prices continue to soften amid concerns over slowing demand and market uncertainty. …

Federal Reserve policymakers have indicated growing support for additional interest rate hikes, even as former Federal Reserve Governor Kevin Warsh adopts a more restrained tone regarding future monetary policy guidance. …

As the upcoming G7 summit approaches, Canadian Prime Minister Mark Carney appears to be taking a more diplomatic approach toward U.S. President Donald Trump, with crucial trade discussions expected to …

Canada has officially slipped into a technical recession after the country’s economy recorded a second consecutive quarterly decline in real gross domestic product, according to new data released by Statistics …

A staggering air bubble equivalent to approximately half a billion barrels of oil is poised to create significant disruptions across global markets, experts warn. Analysts say the overvaluation in oil …