Economy

Young People Are Falling Behind, but Not Because of AI

The case that AI is already stealing young people’s jobs is based on a statistical mirage.

Trump’s Iran timeline may not be short enough to avoid oil demand destruction

Oil prices surged by more than 60% in March as the U.S.-Iran war raged on.

‘If he’d stayed on the golf course, we’d be in a better place’: experts on Trump’s tariffs, one year on

Last April, the president unleashed a tidal wave of tariffs on ‘liberation day’. Analysts say the policy has failed, even by the Trump administration’s own terms

Liberation Day's broken promises

President Donald Trump promised that “April 2, 2025, will forever be remembered as the day American industry was reborn.” The Liberation Day tariffs, he said then, were going to “make America wealthy again,” ushering in the “golden age of America.”

Why Presidents Don’t Care About Inflation as Much as You Do

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European stocks finish in mixed territory amid volatile trading

Stocks listed in Europe recovered some early losses on Thursday before closing the session in mixed territory.

Trump’s threat to hit Iran 'extremely hard' jolts global stocks, bonds and oil

Investor sentiment quickly soured as Trump's speech went on, sending assets across the board lower in international markets.

How Iran turned a tiny island into an oil 'toll booth' as Tehran cements grip on global energy flows

Iran has established a de facto safe shipping corridor in the north of the Strait of Hormuz to select ships, as Tehran sought to monetize its grip over the waterway.

U.S. oil prices soar 11% as Trump's Iran war speech stokes fears of further escalation

Oil surged as Trump in his address to the nation on Iran war said that he expected the conflict to last another two to three weeks.

Analysis: Trump's Iran speech ignores the risks of a return to the 1970s

Oil shocks crippled past presidencies. The Iran war is putting Trump into the danger zone.

Americans say this is their savings "magic number" to retire comfortably

Americans' "magic number" for the savings they need to retire with a measure of financial comfort is $1.46 million, according to new research from Northwestern Mutual.

From Amazon to Meta: how the world’s biggest companies are securing supplies of low-carbon energy

Power purchase agreements may be little-known outside energy markets, but these long-term deals help businesses stabilise costs and secure a guaranteed supply of wind and solar energy