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economy

Central banks meet as Mideast war fuels inflation fears

Central banks meet as Mideast war fuels inflation fears

Some of the world's biggest central banks meet this week as fears grow the energy shock unleashed by the Middle East war could fuel inflation and weigh on growth. The US Federal Reserve, European Central Bank, Bank of England and Bank of Japan hold previously scheduled meetings on

EU wants to tap citizens' savings. Easier said than done

EU wants to tap citizens' savings. Easier said than done

The idea sounds simple: tap trillions of euros of EU citizens' savings to unlock capital for European companies through a more integrated financial market. Getting over the finish line, however, has been complicated, with EU states unable to agree and the idea languishing for years. More than a decade

AI to drive growth despite geopolitics, Taiwan's Foxconn says

AI to drive growth despite geopolitics, Taiwan's Foxconn says

Taiwanese tech giant Foxconn on Monday said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict. Strong demand for AI hardware fuelled a 24 percent annual net profit jump last year for Foxconn, the world's largest contract

Critics warn of a ‘slippery slope’ as housing plan moves to Greater Yellowstone Ecosystem

Critics warn of a ‘slippery slope’ as housing plan moves to Greater Yellowstone Ecosystem

As threats to divest and develop public lands from the federal government are ramping up, public lands supporters are on edge. Now, a new plan to use federal land in the Greater Yellowstone Ecosystem to house private-sector workers is at the center of hot-button issues around extreme economic

Critics warn of a ‘slippery slope’ as housing plan moves to Greater Yellowstone Ecosystem

Critics warn of a ‘slippery slope’ as housing plan moves to Greater Yellowstone Ecosystem

As threats to divest and develop public lands from the federal government are ramping up, public lands supporters are on edge. Now, a new plan to use federal land in the Greater Yellowstone Ecosystem to house private-sector workers is at the center of hot-button issues around extreme economic

Potential war-driven fertilizer shortage sparks concerns over grocery prices

MONTANA — As the conflict in Iran enters its third week, concerns have arisen about potential price hikes in agriculture. With a significant portion of the world's nitrogen fertilizer passing through the Strait of Hormuz, its continued closure could lead to a global shortage of fertilizer just as planting

US Fed expected to hold rates steady as Iran war roils outlook

US Fed expected to hold rates steady as Iran war roils outlook

US Federal Reserve policymakers are expected to leave interest rates unchanged at their meeting next week, as the US-Israel war on Iran sends shock waves through markets and recent economic data has begun to show weakness. The Fed will start its two-day meeting on Tuesday, with an announcement