latest news in economy
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
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.
How Shifting Farm Support Could Fund Global Climate Solutions
Washington, Monday, 9 November 2026.
Governments spend $842 billion annually on farm support that often fuels environmental damage. Repurposing these existing funds offers an unprecedented financial lever to cut emissions without increasing national budgets.
Playa Viva Targets First Residential Handover on Al Marjan Island Ahead of Wynn Debut
Ras Al Khaimah, Monday, 9 November 2026.
Scheduled for mid-2027, Playa Viva will be the only residential development completed before Wynn Al Marjan Island opens, giving buyers a significant first-mover advantage in Ras Al Khaimah’s booming luxury market.