Economic News
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US filings for unemployment aid fall to 187,000 last week, fewest since 1969
U.S. applications for jobless benefits tumbled to the lowest level in decades last week as layoffs remain historically low despite global economic uncertainty
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Europe's central bank holds rates steady amid swings in oil prices
The European Central Bank is leaving interest rates unchanged amid uncertainty about how volatile energy prices will affect inflation
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Trump's tariff threat could impact Canadian economy but may be negotiation tactic, experts say
The U.S. threat of 50% tariffs on Canadian goods could impact the economy, but experts suggest it might be a negotiation tactic
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House Republicans adopt $95 billion package for the Iran war and Trump's priorities
The House adopted a Republican-only $95 billion budget proposal, a long-shot effort to fund the Iran war and other White House priorities
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Demand for critical minerals fuels conflict but could help resource-rich nations, WTO says
The head of the World Trade Organization says surging global demand for critical minerals should be “a once-in-a-lifetime chance” for resource-rich countries in Africa and elsewhere to harness wealth and improve life for millions
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Iran's demands over the Strait of Hormuz would set a dangerous precedent, Rubio warns Asian leaders
Secretary of State Marco Rubio has warned Asian leaders that Iran's demand to control the Strait of Hormuz threatens the global economy and freedom of navigation
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U.S. and Pakistan condemn Houthi Red Sea threats to shipping and Saudi Arabia
The United States and Pakistan have rejected threats by Yemen’s Houthi rebels against Saudi Arabia and shipping in the Red Sea
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Britain's new prime minister must solve the old riddle of how to reinvigorate a slow-growing economy
Britain’s new leader, Andy Burnham, is facing the same old problem: How can he kickstart a sluggish economy so that growing companies and increased output generate enough additional revenue to boost defense spending and pay for everything else voters want without raising taxes
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Carney says he and Trump will intensify trade negotiations after US imposes 50% tariffs
Canadian Prime Minister Mark Carney says he and U.S. President Donald Trump have agreed to intensify trade negotiations between Canada, the U.S., and Mexico
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Chile's Congress puts President Kast's economic overhaul on track to becoming law
Chile’s Congress has approved most of a major tax and economic overhaul promoted by President José Antonio Kast
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