latest news in economy

Why Exiting Stocks During Market Volatility Rarely Pays Off

Why Exiting Stocks During Market Volatility Rarely Pays Off

New York, Tuesday, 10 November 2026.
Market downturns test investor discipline, yet data reveals missing just sixty of the market’s best days across thirty years completely eliminates portfolio gains, making steady holding essential.

Electric Cars Displace Over One Million Barrels of Oil Daily

Electric Cars Displace Over One Million Barrels of Oil Daily

Brussels, Tuesday, 10 November 2026.
Despite making up just 4.2% of worldwide cars, electric vehicles now displace 1.2 million barrels of crude oil daily, cutting demand five times faster than in 2021.

Why the Government Cannot Publish an Annual Inflation Rate for October

Why the Government Cannot Publish an Annual Inflation Rate for October

Washington, Tuesday, 10 November 2026.
Due to a 2025 government shutdown, the BLS will omit annual inflation rates, yet cooling monthly data still keeps odds above 80% for a December Fed interest rate hike.

Clean Fertilizer Breakthrough: Scientists Cut Energy Costs of Ammonia Synthesis

Clean Fertilizer Breakthrough: Scientists Cut Energy Costs of Ammonia Synthesis

Washington, Tuesday, 10 November 2026.
A new room-temperature catalyst achieves nearly barrierless nitrogen activation, offering an efficient, electricity-driven alternative to the fossil-fuel-heavy Haber-Bosch process to transform clean fertilizer manufacturing.

How Major Corporations Used Price Spikes to Quietly Boost Profits

How Major Corporations Used Price Spikes to Quietly Boost Profits

Washington, Tuesday, 10 November 2026.
New economic analysis reveals major corporations systematically raised consumer prices beyond their own rising costs during high-inflation periods, generating roughly $100 billion in extra operating profit each year.

Why an Artificial Intelligence Stumble Threatens the Entire American Economy

Why an Artificial Intelligence Stumble Threatens the Entire American Economy

New York, Tuesday, 10 November 2026.
With artificial intelligence driving half of projected US growth, Steve Eisman warns that OpenAI’s mounting losses could trigger an immediate recession across heavily indebted tech giants.

How Surging Oil Prices Are Quietly Fueling Everyday Inflation

How Surging Oil Prices Are Quietly Fueling Everyday Inflation

Washington, Monday, 9 November 2026.
New Federal Reserve research reveals oil price swings now pass directly into core consumer inflation, breaking historical patterns and increasing pressure on central banks to aggressively raise interest rates.

NASA Awards Ten Billion Dollars to Commercial Partners to Build Permanent Moon Outpost

NASA Awards Ten Billion Dollars to Commercial Partners to Build Permanent Moon Outpost

Washington, Monday, 9 November 2026.
NASA awarded up to $10 billion in commercial contracts to construct a permanent lunar outpost by 2032, highlighted by a nuclear-powered rover mission targeting the Moon’s South Pole in 2028.

Gold Rebounds Past $4,100 as Calmer Energy Markets Temper Rate Concerns

Gold Rebounds Past $4,100 as Calmer Energy Markets Temper Rate Concerns

New York, Monday, 9 November 2026.
Softening crude prices and a weaker dollar lifted gold above $4,100 on Monday, offering relief even as traders price an 80% chance of a December Federal Reserve rate hike.

Stock Futures Rise Despite Broad Tech Uncertainty

Stock Futures Rise Despite Broad Tech Uncertainty

New York, Monday, 9 November 2026.
U.S. stock futures gained on Monday, November 9, 2026, even as Nvidia shares dropped 5% following an investigation into its chief executive, testing investor resilience before key inflation data.