Recent content by Zakana

  1. Z

    Trump’s foreign licensing business booms to $59.5 million as Gulf developers pay

    PresidentDonald Trump'sforeign real-estate licensing business boomed during his first year back in office, generating $59.5 million in 2025 as international developers paid a premium to brandluxury towers,golf coursesandcoastal resortswith the Trump name. Foreign licensing revenue, including...
  2. Z

    The 10 most in-demand ZIP codes for homebuyers in 2026

    The hottest place for U.S. home shoppers right now features modest detached homes on generous lots, suburban shopping and highway access to downtown Boston, just 20 miles away. Peabody, Massachusetts, was the most in-demand ZIP code for homebuyersin the first half of 2026, according to real...
  3. Z

    Labor force participation rate falls to lowest in 50 years, outside of Covid era

    On the surface, a June drop in the unemployment rate helped provide some upside to what was an otherwise downbeat jobs report — but it was for all the wrong reasons. That's because thedecline in the jobless levelto 4.2%, the lowest in a year, came largely from an exodus of workers from the...
  4. Z

    Christine Lagarde leaves door open to early ECB exit

    The European Central Bank's Christine Lagarde has declined to rule out an early end to her term as president, as she mulls a foray into French politics. Lagarde, whose term as ECB President ends in October 2027, told French newspaperLes Echosan early departure is "possible" ahead of the...
  5. Z

    China consumer prices weaken while producer inflation quickens

    China's consumer prices grew slower than expected in June, while wholesale inflation accelerated, as elevated energy costs continued to sap domestic demand. Consumer prices rose 1% in June from a year ago, missing economists' estimates of 1.1% growth in a Reuters poll, andslowing from 1.2% in...
  6. Z

    'Funflation' is back and hitting gaming and streaming services

    "The price has been going up," Green said. "It's just hard to keep up." U.S. consumers have for years grappled with"funflation,"used to describe the sharply higher prices for live experiences likeconcertsorsporting eventsthat were halted duringpandemic lockdowns. Exclusive data analyzed for...
  7. Z

    India's inflation accelerates to 4.38% in June, exceeding forecasts

    India's consumer price inflation rose to 4.38% in June, up from 3.93% in May as the U.S.-Iran war ‌and a weak monsoon raised food and fuel prices, adding to cost pressures. The headline inflation number was above economists' expectations for a 4.30% rise, according to a Reuters poll. The...
  8. Z

    Australian rare earth miner surges as much as 29% after U.S. Department of War investment

    Shares of Australia's Sunrise Energy Metals jumped as much as 29% on Monday after the rare earth miner secured a$400 million investmentin long-term debt financing from the U.S. to support the development of the world's first primary mine for scandium. TheTrumpadministration's backing for...
  9. Z

    Consumer prices rose 3.5% annually in June, less than expected as energy prices eased

    Consumer prices posted their biggest decline in more than six years during June as a sharp swoon in energy prices provided at least temporary relief from this year's inflation surge, the Bureau of Labor Statistics reported Tuesday. Theconsumer price index, a broad measure of costs for goods and...
  10. Z

    China posts slowest GDP growth since 2022, fanning stimulus calls

    China's economy in the second quarter expanded at its weakest pace since the fourth quarter of 2022, reinforcing calls for policy stimulusas an accelerating slide in investments deepened the strain on growth, while consumption stayed subdued. Gross domestic product growth came in at 4.3% in the...
  11. Z

    Renewed Hormuz hostilities drive ECB rates rethink amid ‘extremely volatile’ outlook

    Several consecutive days of strikes exchanged between the U.S. and Iran have once again thrown oil prices into the spotlight — and cast uncertainty on the European Central Bank's interest rate decision next week. Investors on Wednesday were repricing for the ECB's July 22 monetary policy...
  12. Z

    Trump says oil supermajors are making too much money. What will they do with it?

    Big Oil enjoyed ablockbusterprofit windfall in the second quarter. A key question now is whether the industry will use this cash bonanza to reward shareholders, strengthen balance sheets or invest for the future — all while trying to avoid agrowing political backlash. The five supermajors...
  13. Z

    U.S. reaffirms grip on Hormuz blockade, turning away 55 ships as talks stall

    The U.S. military redirected 20 more commercial vessels away from Iranian ports last week under its naval blockade, signaling no let-up in maritime pressure as a deal to reopen the Strait of Hormuz stayed out of reach. U.S. Central Command said American forces hadredirected 55 commercial...
  14. Z

    The producer price index was expected to be unchanged in June, according to the Dow Jones consensus forecast.

    Wholesale prices unexpectedly fell in June as sliding energy costs helped brighten the inflation picture, the Bureau of Labor Statistics reported Wednesday. Theproduce price indexposted a seasonally adjusted 0.3% decline for the month, compared with the Dow Jones consensus estimate for the...
  15. Z

    World Cup watch parties gave bars and restaurants a needed boost, Fed says

    While theFIFA World Cupprovided a tourism boost to host cities, its positive impact was mitigated by economic weakness seen elsewhere, according to aFederal Reservereport released Wednesday. The soccer tournament, which the U.S. co-hosted, has fetched median admissions prices topping $900...
See more

Online statistics

Members online
0
Guests online
2
Total visitors
2
Totals may include hidden visitors.

Trending content

Newest members

Stay Connected

Back
Top