The ongoing political conflict in the Middle East has caused oil prices to rise, raising fears of inflation that could damage the US economy. The last time inflation rose suddenly was in 2022, and it forced the Federal Reserve to raise interest rates so quickly S&P 500 (SNPINDEX: ^GSPC) The index fell by more than … Read more
Job openings in the United States have fallen to a six-year low, as demand for restaurant workers remains amid concerns about trade, immigration and the growing role of artificial intelligence (AI). Tuesday’s Job and Employment Survey (JOLTS), a monthly report issued by the United States Department of Labor, showed that job openings fell by 358,000 … Read more
Listen to this article 4 minute estimate The audio version of this article is generated by AI-based technology. Incorrect names may appear. We work with our partners to constantly review and improve results. In 2024, city council adopted Ottawa’s economic development plan, a multi-year plan to build a city that is “economically diverse and prosperous.” … Read more
Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more
Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more