Economy



Marrakech luxury property prices rise as foreign demand accelerates

Marrakech’s prime residential property market has recorded strong growth since 2023, driven by rising demand from international buyers, younger professionals, and Moroccan expatriates seeking second homes and lifestyle investments. The city, long associated with retirees and seasonal visitors,......

U.S. inflation rises while economic growth slows in first quarter

The United States economy showed mixed signals at the end of the first quarter of 2026, as inflation continued to rise while economic growth slowed more than expected. The latest economic indicators released on Thursday highlighted ongoing pressure on consumers and businesses, even as financial markets......

Cheniere expands U.S. LNG export capacity through new Bechtel agreement

Cheniere Energy Partners has signed a major agreement with Bechtel Energy to move forward with the first phase of the expansion of its Sabine Pass LNG terminal in Louisiana, reinforcing the United States’ position as one of the world’s leading exporters of liquefied natural gas. The agreement......

Hormel foods tops quarterly estimates on strong demand for protein-rich foods

Hormel Foods reported stronger-than-expected quarterly results on Thursday, driven by sustained demand for protein-rich food products, particularly chicken and turkey. The U.S.-based food company, known for brands such as Skippy peanut butter, exceeded analysts’ expectations for both sales and......

Open interest in natural gas and power markets reaches record levels on ICE

Global energy trading activity reached a new milestone in May as Intercontinental Exchange (ICE) announced record levels of open interest across its natural gas and electricity markets. The development reflects growing uncertainty in global energy supplies and increasing demand for energy risk management......

Oil prices fall 5% amid optimism over possible Iran-US agreement

Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......

Uber and Lyft drivers in Massachusetts form first ride-share union in the United States

In a historic development for the gig economy in the United States, ride-share drivers working for companies such as Uber and Lyft have officially formed a union in Massachusetts. This marks the first time such workers have gained state-recognized collective representation in the country. The newly......

JPMorgan sees end of goldilocks economy amid Iran war

The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......

Rubio says India commits to massive $500 billion US imports

Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires......

Japan and South Korea face worsening naphtha shortages amid Hormuz disruption

Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......

Trump and Warsh’s fates are now tied, for better or worse

The relationship between U.S. President Donald Trump and newly appointed Federal Reserve Chair Kevin Warsh marks a significant shift in American economic policymaking, as the success or failure of the central bank is now more directly linked to the White House. Unlike previous Federal Reserve Chair......

Bitcoin surge above 78000 triggers 180 million shorts liquidation

Bitcoin surged past the 78,000 dollar level in a sharp upward move that triggered one of the fastest short liquidations in recent weeks. Around 180 million dollars in short positions across crypto derivatives markets were wiped out within roughly 30 minutes, as traders betting on a price decline were......

Rising US Treasury yields increase pressure on Washington’s economic strategy

The sharp rise in U.S. Treasury yields is becoming a growing challenge for Washington, increasing pressure on the government’s economic strategy and raising concerns across financial markets. Investors have recently pushed yields on the benchmark 10-year Treasury note above 4.5%, reflecting uncertainty......

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