New Zealand’s central bank is expected to slash its policy rate by 50 basis points to 4.75%, while the Reserve Bank of India is expected to hold rates at 6.5%
Source
Asia markets poised to rebound after Wall Street rally; central bank decisions in focus: Live updates
World
Oil jumps more than 2% after Vance says Iran ignored key U.S. demand, military strikes on the table
Oil prices rose more than 2% on Wednesday, after Vice President JD Vance said Iran did not address U.S. red lines in nuclear talks this week and President Donald Trump reserves the right to use military force. U.S. crude oil rose $1.56, or 2.5%, to $63.89 per barrel. Global benchmark Brent was up $1.61, or […]
Read More
World
The ‘boomcession’: Why Americans feel left behind by a growing economy
Fotostorm | E+ | Getty Images Welcome to the “boomcession.” The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller. Economic output and the stock […]
Read More
World
‘Crap’: Stephen Colbert blasts CBS for denying it blocked James Talarico interview from air
“Late Show” host Stephen Colbert on Tuesday night called CBS’ denial of his claim that it blocked the broadcast of his interview with Texas state Rep. James Talarico “crap” — and urged the network and its parent, Paramount Skydance, to stand up to the “bullies” in the Trump administration. Colbert’s broadside came hours after CBS […]
Read More