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
The stock market plunged on Monday morning after the White House announced that it might not be America’s job to reopen the Strait of Hormuz. The S&P 500 rose more than 1.5%, while the Nasdaq rose nearly 2%. In one night, a Wall Street Journal the report indicated that President Trump would be ready to … Read more
This is CNBC’s Morning Squawk newsletter. Register here to receive future publications in your inbox. Happy Tuesday. In a partnership you may not have seen coming, Warren Buffett is teaming up with the NBA’s Stephen Curry to launch his own charity lunch. Stock futures are rising this morning. The S&P 500 finished yesterday’s meeting in … Read more
The chairman of the Federal Reserve Jerome Powell, in a wide speech at Harvard University, said on Monday that he sees inflation expectations established despite the rise in energy prices so the central bank does not need to respond with higher interest rates. As his term leading the central bank draws to a close, Powell … Read more
Robert Kiyosaki has warned that a wave of homelessness will hit US children as hyperinflation erodes the purchasing power of Social Security. The author of Rich Dad Poor Dad believes that the current state of the economy will force millions of senior citizens out of their homes because they lack the financial foundation to survive … Read more
What a difference war makes. In January, President Donald Trump boasted to G7 leaders and others at the World Economic Forum in Davos that his team had “beat” inflation in the US (1) “Grocery prices, energy prices, transportation, mortgages, rents and cars are going down, and they’re going down fast,” he said. At that time, … Read more
Jeff Greenberg | Universal Images Group | Getty Images The price of naphtha may not keep you up at night considering the inflation that is yet to hit the economy from the US-Iran war and the closure of the Strait of Hormuz, but perhaps it should. As gas prices go up together crude oilthe cost … Read more
![A series of petrol stations in Kandy, Sri Lanka [Ashkar Thasleem/ Al Jazeera]](https://luzeb.com/wp-content/uploads/2026/03/Sri-Lanka-is-preparing-for-new-economic-challenges-as-the.jpg)
Kandy, Sri Lanka On a sunny March day in the hill town of Kandy in central Sri Lanka, Keerthi Rathna waited in a snaking line to buy her share of petrol for her three-wheeled tuk-tuk. The amount he was allocated by the government was 20 liters (about 5 liters) per week. In the past, Rathna … Read more