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Moody's top economist Mark Zandi says: America has a week to secure peace deal
America has just days to secure a peace agreement with Iran or risk sliding into recession, according to Moody’s chief economist Mark Zandi. According to a report by Business Insider, speaking to Bloomberg, Zandi said that the increase in oil prices triggered by stalled negotiations has pushed the US economy to a critical threshold. Recently, Iran announced that it would halt negotiations and block the Strait of Hormuz until the important demands are met, sending Brent and US crude oil...
Inflation hits 3.2%, highest since 2023: Are ECB rate hikes inevitable?
Eurozone inflation rose to 3.2% in May, the highest since 2023, driven by energy and services. Markets now see an ECB rate hike next week as done deal. Price pressures across the euro area accelerated again in May, as the disruptions from the Strait of Hormuz blockade continued to ripple through energy markets, pushing inflation to its highest level in almost three years and cementing expectations of an imminent European Central Bank rate hike.
Trump hardens tone against Iran, says ‘may keep going’ with strikes
Trump hardens tone against Iran, says ‘may keep going’ with strikes US president claims Iran is ‘completely defeated’ and renews threats to bomb the country’s civilian infrastructure. After insisting for weeks that a peace deal between the United States and Iran is close, President Donald Trump has escalated his rhetoric against Tehran, suggesting that time has run out to reach a diplomatic solution to the crisis. On Tuesday, the US military began striking targets inside Iran in response to...
50% Off DoorDash Promo Code | June 2026
What can I say about DoorDash to truly encapsulate what this company means to me? I could say it’s the father I never had; it’s the mother I’ve always wanted; the warm embrace of a friend you haven’t seen in a while; the sound of rain as you fall asleep… One of the greatest inventions of the 21st century has been the ability to get virtually any type of food you crave delivered to your front door without having to get up or even speak to another human. We’ve rounded up the best verified...
Brit workers waste nearly six hours a week 'botsitting'
Almost all UK workers now have to deal with AI, but few firms report big productivity gains because of all the time lost in hand-holding the systems and cleaning up their mistakes. So says a report by the Work AI Institute, a research arm of AI biz Glean Technologies. It claims there are productivity gains to be had from introducing AI-based tools, yet much of this is being negated by the amount of time employees waste making them work – a phenomenon it has christened "botsitting."
Here are 3 forces that drove a whirlwind week for the stock market
An avalanche of selling on Friday crushed the stock market, a dramatic reversal from record highs earlier in the week. Chip stocks nosedived in the final trading session of last week. There were pockets of weakness in tech ever since Club name Broadcom disappointed on earnings.
Autonomous freight trucking company Einride rises sharply in first trade on Nasdaq
Autonomous EV freight trucking company Einride rose sharply in its first day of trading on the Nasdaq. The company went public on Wednesday morning under the ticker symbol "ENRD." Einride shares were higher by as much as 90% during trading on Wednesday morning.
Acer Promo Codes: 40% Off
Acer is one of the top largest PC manufacturers in the world, perhaps best known for its gaming line and budget-friendly options. If you’ve already got your eye on an Acer product like a laptop or monitor, and are shopping at the company’s online storefront, you should be using one of these Acer promo codes and coupons to save some cash on your purchase. Save 40% on Accessories When You Build an Acer Bundle If you’re buying from Acer, you’re most likely shopping for either a desktop PC or...
Forget Mourinho, star signings: Pérez's next big m...
By the time Florentino Pérez took to the stage at the Eurobuilding hotel, just north of the Bernabéu, it was almost 1 a.m. in the Spanish capital. As the crowd chanted "Presidente! Presidente!" Pérez waved, and began his victory speech.
Trump thinks Iran deal ‘still close’ despite retaliatory strikes over downed helicopter
President Donald Trump still thinks a peace deal with Iran is on the horizon, even as the United States launched retaliatory strikes on Iran Tuesday evening, a senior White House official said Tuesday. “Nothing changes where the deal stands right now,” said the official, who was granted anonymity to discuss sensitive national security information. The official stressed that a deal with Tehran was “still close.”