Trump aides caught with pants down as Iran war gooses inflation
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Newest first · UTC+11:00Fifth Make it in the Emirates in Abu Dhabi aims to further boost economic security | The National
The fifth annual Make it in the Emirates summit in Abu Dhabi will put the spotlight on fostering collaboration and mobilising investments to advance national economic security.
· The National
Sumitomo Forestry bets big on US housing market, eyeing local majors
Sumitomo Forestry's acquisition of Tri Pointe Homes will boost its housing supply in the U.S. by 60%. (Tri Pointe Homes)
· Staff Writer
Pull-Forward Demand Boosts PC Shipments Amid Memory Crunch Woes
The latest snapshot of the global PC market, from International Data Corporation's first-quarter shipment tracker, shows units rising 2.5% year over year to 65.6 million.
· Tyler Durden
Palestinian shot dead during Israeli settler attack on occupied West Bank village
A Palestinian man was shot dead by an Israeli during a settler attack on a village in the occupied West Bank on Wednesday evening.
· Daniel De Simone
A whopping one-third of US home sellers slash their listing prices — as the scale now favors buyers
The housing market has flipped.
· Mary K. Jacob
Iran conflict drives up food, transport prices across Southeast Asia
Motorcycle riders at a gas station in Bangkok, Thailand. © Reuters
· Staff Writer
Joseph and Kendra Duggar break down major financial woes in jail phone call
Disgraced reality stars Joseph and Kendra Duggar are trying to sell off their possessions to pay for a mounting pile of bills.
· Eric Todisco, Leah Bitsky
Michael Burry says he's still betting against Palantir after Trump post boosts stock
Michael Burry is sticking with his bearish wager against Palantir Technologies, even after a public endorsement from President Donald Trump helped lift the stock.
· Yun Li
Trump praises Palantir with stock down 14% this week as Iran conflict drags on
President Donald Trump lauded Palantir in a post to Truth Social on Friday as the artificial intelligence software stock headed for a 15% weekly plunge.
· Samantha Subin
EU quietly ramps up Russian LNG imports despite ban plans – FT
The EU has sharply increased its purchases of Russian liquefied natural gas (LNG) in the first quarter of 2026 even as it insists it will phase out Russian energy by the end of next year, the Financial Times reported on Friday.
· RT
Read Full Article at RT.com
The EU has sharply increased its purchases of Russian liquefied natural gas (LNG) in the first quarter of 2026 even as it insists it will phase out Russian energy by the end of next year, the Financial Times reported on Friday.
· RT
Despite Benin's economic boom, poverty persists
Voters will head to the polls on April 12 in Benin to select a new president against a backdrop of a booming economy, but not everyone is benefitting from it--many are struggling to cope with the rising cost of living.
· AfricaNews
Inflation rises in US amid Iran war, Hormuz blockade
Consumer prices in the United States have risen by nearly 1 percent in March – one of the highest short-term inflation rates in years – largely due to the disruption of the energy markets amid the war on Iran.
· Al Jazeera Staff
White House warned staff against making Iran war bets on prediction markets
The White House, asked for comment about the Journal's report, did not deny that staff were sent the warning on making prediction market bets on Iran, but noted that all federal employees are barred from trading or placing bets on inside information.
· Kevin Breuninger, Justin Papp
Airports could face a jet fuel crunch within 3 weeks as airlines weigh flight cancellations
Europe's airport industry has warned that jet fuel shortages could hit within three weeks, disrupting summer travel and "significantly" harming the European economy.
· Sawdah Bhaimiya
China banks buffer against AI contagions as US sweats over Anthropic’s Mythos
With Beijing prioritising financial stability, analysts say state lenders take a measured approach to generative models amid growing global cybersecurity risks
· Sylvia Ma
China banks buffer against AI contagions as US sweats over Anthropic’s Mythos
With Beijing prioritising financial stability, analysts say state lenders take a measured approach to generative models amid growing global cybersecurity risks
· Sylvia Ma
EU industry chief says Europe won’t follow the US on China
The European Union would benefit from more Chinese investment and shouldn't follow the U.S.'s isolationist strategy, said Industry Commissioner Stéphane Séjourné Friday.
· Carlo Martuscelli
Here's the inflation breakdown for March 2026 — in one chart
Inflation spiked in March as the Iran war pushed up gasoline and other prices for consumers.
· Greg Iacurci, Jessica Dickler
Abu Dhabi to host World Bank-IMF Annual Meetings in 2029 | The National
Abu Dhabi will be hosting the World Bank and International Monetary Fund's Annual Meetings in 2029, highlighting the growing role of the UAE on the global economic stage.
· Alvin R Cabral
Cheap drug already on the market may improve autism symptoms — for certain people
This news isn’t hard to swallow.
· McKenzie Beard
UMich Sentiment Crashes To Lowest On Record As War Sparks Inflation Panic Among Democrats
While the March UMich sentiment survey was completed before and after the start of the Iran War (with only modest impacts on sentiment and inflation expectations), today's preliminary April data survey period was all in the war with expectations for a notable drop in sentiment and sizable jump in inflation expectati…
· Tyler Durden
Consumer sentiment hits record low, inflation fears rise amid Iran war
Consumer confidence plunged to a record low in April as fears mounted over rising energy prices and the broader impact of the Iran war, according to a University of Michigan survey Friday.
· Jeff Cox
CoreWeave stock pops 11% on deal to power Anthropic's Claude
CoreWeave announced Friday that it has entered a multi-year agreement with Anthropic to power its Claude artificial intelligence models as demand for infrastructure continues to climb.
· Lola Murti
US inflation surged to 3.3% in March on Iran war energy shock | The National
US consumer prices surged last month in an early sign that rising oil prices from the Iran war are weighing on the economy.
· Kyle Fitzgerald
Inflation soars to hottest levels in two years as war in Iran drives gasoline prices higher
Inflation ramped up in March to the hottest levels since May 2024 as higher energy prices seeped through the economy – putting another dent in the Federal Reserve’s path to interest-rate cuts.
· Taylor Herzlich
Core CPI Prints Cooler Than Expected Despite Biggest Jump In Energy Prices Since 2005
While PCE showed some signs of higher energy prices leaking into inflation prints, it was still February data. As we previewed, today's CPI data is for March and will bear the full brunt of the Iran War's impact on energy costs after Core CPI fell to its lowest in four years in February.
· Tyler Durden
Powell, Bessent discussed Anthropic's Mythos AI cyber threat with major U.S. banks
Federal Reserve Chairman Jerome Powell and Treasury Secretary Scott Bessent met with major U.S. bank CEOs this week to discuss the possible cyber risks raised by Anthropic's Mythos model, CNBC confirmed Friday.
· Samantha Subin
Nihon Hidankyo urges investment ban on makers of nuclear weapons
Nihon Hidankyo, a group of atomic bomb survivors in Japan, said Friday that it will launch a campaign urging financial institutions not to invest in or give loans to companies that manufacture nuclear weapons.
· No Author
US inflation soars in March as war on Iran drives economy into uncertainty
Prices were up 3.3% over the year, adding to the unpredictability that first came with Trump tariffs
· Lauren Aratani
China built resilience to an energy shock — it's paid off for Chinese assets amid the Iran war
The outbreak of the Iran war sparked a sharp sell-off across most regions and asset classes in March, as investors weighed the impact the conflict would have on inflation and economic output. China proved to be an exception.
· Joseph Wilkins, Sean Conlon
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
Consumer prices spiked in March as the Iran war sent energy costs soaring and took the Federal Reserve further from its inflation target, according to a Bureau of Labor Statistics reported Friday. Underlying inflation, however, was relatively tame.
· Jeff Cox
Why China’s green energy strategy may shield it from the Iran war oil shock
As war in the Persian Gulf triggers volatility in global oil markets, Beijing sees its energy system as a stabilising force
· Carol Yang
Why China’s green energy strategy may shield it from the Iran war oil shock
As war in the Persian Gulf triggers volatility in global oil markets, Beijing sees its energy system as a stabilising force
· Carol Yang
Dodgers weekly recap: Kyle Tucker shows value at top of batting order
Welcome to The California Post’s weekly Dodgers recap, where baseball writers Dylan Hernández and Jack Harris review the week that was, hand out very official awards and take stock of the state of the season –– publishing every Friday.
· Jack Harris, Dylan Hernandez
The EU’s Big Tech rulebook is shifting the digital economy, says Ribera
The EU’s landmark tech regulations are a “success story” that are beginning to level the playing field between Silicon Valley’s giants and their digital competitors in Europe, said European Competition Commissioner Teresa Ribera on Friday.
· Jacob Parry, Laura Greenhalgh
China opens ChiNext exchange to pre-profit tech firms in push to boost innovation
Beijing widens IPO access for emerging tech companies while tightening oversight, as it seeks to balance innovation with market stability
· Zhang Shidong
China opens ChiNext exchange to pre-profit tech firms in push to boost innovation
Beijing widens IPO access for emerging tech companies while tightening oversight, as it seeks to balance innovation with market stability
· Zhang Shidong
WATCH: Cebu opens first DBP branch
Cebu opens its first-ever branch-lite unit of the Development Bank of the Philippines (DBP), in Naga City, southern Cebu on April 10, 2026. DBP Chairman Philip G. Lo said the move reflected the bank’s commitment to expand inclusive and customer-centered financial services, and support local economic growth in fast-d…
· The Manila Times
Faith-based AI apps include chatbots imitating Jesus and Buddha
The faith-based AI market is expanding, with tools for various religions. As AI tools designed with religion in mind become increasingly common, many are reckoning with how these technologies shape their relationship to faith and spiritual guidance. (AP Video: Krysta Fauria, Ayaka McGill)
· Krysta Fauria
Chinese firms in Hungary face a post-election reckoning – no matter who wins
With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power
· Xiaofei Xu
Chinese firms in Hungary face a post-election reckoning – no matter who wins
With opposition Tisza party leading in the polls, businesses ponder implications if Orban’s Fidesz party loses 16-year grip on power
· Xiaofei Xu
Smotrich: 'Establishing settlements destroys idea of Palestinian state in our heartland'
Establishing new settlements in the West Bank will "completely destroy the idea of a Palestinian state within our heartland," Finance Minister Bezalel Smotrich said on Thursday.
· JAMES GENN
Epstein survivors criticise Melania Trump after surprise statement – US politics live
First lady had called for a public hearing for survivors but a group of those affected say they have ‘done their part’ and reiterate calls for Pam Bondi to be questioned
· Tom Ambrose, Robert Mackey
Shaky ceasefire between the U.S. and Iran on the table in Pakistan
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Do Spain's property website algorithms push up prices?
There are many reasons behind Spain's surging property market, but some experts say the very search engines we use to house hunt - including Idealista and Fotocasa - could actually themselves be contributing to price rises.
· The Local
No More Fuel Anxiety! AION UT Debuts in Australia, Setting a New Benchmark for Urban Electric Vehicles
MELBOURNE, Australia, April 10, 2026 /PRNewswire/ -- On April 10, the highly anticipated 2026 Melbourne Motor Show grandly kicked off. GAC made a strong appearance with four vehicle models across its product lines — GAC, AION, — highlighting its leading strength in new energy and intelligent technologies, while rein…
· PRNEWSWIRE
Manus on Markets: It's not business as usual yet | The National
From tariff turmoil and stock shocks to market meltdowns, the global financial system has never been in such flux.
· Manus Cranny
Behind China's 'active efforts' for an Iran ceasefire: Business trumps politics
BEIJING — China's ties with countries such as Iran and Russia have raised expectations of a bigger diplomatic role, but Beijing remains focused on protecting its own domestic interests, including global exports.
· Evelyn Cheng