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Independent Journalism · Est. 2026
ACUMEN
World
National
Technology
Culture
Economy
Long Reads
For YouWorldNationalTechnologyCultureEconomyLong Reads
ACUMEN

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  • World
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  • Culture
  • Long Reads

Company

  • About
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  • Ethics Policy
© 2026 Acumen News. All rights reserved.
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Independent Journalism · Est. 2026
ACUMEN
World
National
Technology
Culture
Economy
Long Reads
For YouWorldNationalTechnologyCultureEconomyLong Reads
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Economy

388 articles · sorted by newest first

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Latest in Economy

Latest in Economy
20 results
Economy 5/26/2026

Minister John-Paul Langbroek reveals how 1,000 new educators are tackling classroom burnout - 4BC

Queensland is injecting over 1,000 new educators into its state education system this year, a significant surge aimed at arresting a deepening teacher shortage and mitigating classroom burnout. Education Minister John-Paul Langbroek confirmed the push, acknowledging the critical need for robust workforce planning initiatives to stabilize the public schooling sector.

Editorial Team1 min
Minister John-Paul Langbroek reveals how 1,000 new educators are tackling classroom burnout - 4BC
Economy 5/26/2026

Sri Lanka raises interest rate by bigger-than-expected 100 bps amid M.East crisis

In an unexpected move signaling heightened economic distress, the Central Bank of Sri Lanka (CBSL) has hiked its key interest rate by a larger-than-forecasted 100 basis points, pushing borrowing costs higher as the nation grapples with severe imported inflation stemming from an intensifying Middle East crisis. This hawkish pivot underscores Colombo's urgent fight to stabilize its fragile post-default economy amid global commodity price shocks and disrupted supply chains.

Editorial Team1 min
Sri Lanka raises interest rate by bigger-than-expected 100 bps amid M.East crisis
Economy 5/26/2026

Uncertainty in West Asia pushes rupee down to 95.38 per dollar

India's rupee plunged to an unprecedented 95.38 against the US dollar today, driven by a rapid escalation of geopolitical tensions across West Asia. The sharp depreciation follows Brent crude's overnight surge past $98 per barrel, as market fears mount over the security of vital oil shipping routes amidst a widening regional conflict that now directly threatens energy supply chains.

Editorial Team1 min
Uncertainty in West Asia pushes rupee down to 95.38 per dollar
Economy 5/26/2026

Carney warns Alberta independence vote from Canada could echo Brexit as a 'dangerous bluff'

Canadian Prime Minister Mark Carney issued a sharp caution on Monday, comparing Alberta's forthcoming vote on greater autonomy to Brexit's "dangerous bluff," underscoring severe federal apprehension regarding national unity and economic integrity. The oil-rich province is poised for a ballot initiative that could trigger formal negotiations for increased sovereignty or even secession, rattling Canadian markets and international investor sentiment.

Editorial Team1 min
Carney warns Alberta independence vote from Canada could echo Brexit as a 'dangerous bluff'
Economy 5/26/2026

Russian ratified free trade agreement between EAEU, Indonesia

Russia has officially ratified the Free Trade Agreement between the Eurasian Economic Union and Indonesia, marking a crucial step towards deepening economic ties between the Moscow-led bloc and Southeast Asia's largest economy. This move underscores Russia's accelerating "pivot to Asia" strategy, seeking new markets and partners amidst persistent Western sanctions.

Editorial Team1 min
Russian ratified free trade agreement between EAEU, Indonesia
Economy 5/26/2026

3 popular restaurants closing locations in June – and the next wave is already underway

The axe is falling on hundreds of restaurant locations this June, as iconic chains Pizza Hut, Wendy's, and Red Robin accelerate strategic closures of underperforming units. This decisive downsizing, impacting both corporate and franchisee-owned sites, marks a critical inflection point for the casual dining sector grappling with a relentless surge in operational costs and a noticeable shift in consumer habits.

Editorial Team1 min
3 popular restaurants closing locations in June – and the next wave is already underway
Economy 5/25/2026

Parliamentary panel to hear views of Shipping Ministry on impact of West Asia crisis on India's maritime trade

India's parliamentary panel is set to convene a critical meeting, bringing together key ministries to address the escalating West Asia crisis and its profound disruption to the nation's maritime trade. The emergency session underscores New Delhi's growing alarm over persistent Houthi attacks in the Red Sea, which have forced widespread shipping reroutes and triggered a surge in freight rates and insurance premiums.

Editorial Team1 min
Parliamentary panel to hear views of Shipping Ministry on impact of West Asia crisis on India's maritime trade
Economy 5/25/2026

Kevin Warsh officially succeeds Jerome Powell as 11th Chair of US Federal Reserve

Kevin Warsh, a former Federal Reserve Governor known for his hawkish stance, has officially taken the helm as the 11th Chair of the US Federal Reserve. US President Donald Trump personally led the swearing-in ceremony at the White House, emphasizing his desire for Warsh to maintain "total independence," a pointed remark given Trump's previous public criticisms of the Fed's autonomy under his predecessor.

Editorial Team1 min
Kevin Warsh officially succeeds Jerome Powell as 11th Chair of US Federal Reserve
Economy 5/25/2026

Oil falls more than $4 as US, Iran remain at odds over peace deal

Global crude oil futures plunged over $4 a barrel on Monday as the elusive US-Iran "peace deal" remained firmly off the table, with diplomatic efforts stalling amidst escalating rhetoric. The market's sharp downturn reflects growing fears that persistent animosity between Washington and Tehran will continue to jeopardize oil transit through the critical Strait of Hormuz, maintaining a tight supply outlook.

Editorial Team1 min
Oil falls more than $4 as US, Iran remain at odds over peace deal
Economy 5/25/2026

Home sellers are frantically cutting prices in 5 cities across the country in dire sign for housing markets

Home sellers in once-booming sunbelt cities like Phoenix, Austin, and Boise are slashing asking prices at rates not seen since 2008, with over 45% of active listings in some areas seeing reductions last month. This aggressive repricing signals a profound shift in buyer sentiment and inventory dynamics, moving from a seller's market to one demanding concessions amidst persistent affordability challenges.

Editorial Team1 min
Home sellers are frantically cutting prices in 5 cities across the country in dire sign for housing markets
Economy 5/25/2026

Our demand for tech resources will fall in 3 years: Barclays India CEO & MD

Barclays India CEO & MD Pushkar Singh has announced a significant strategic pivot, projecting a substantial decline in the demand for new tech resources within three years. This shift is primarily driven by anticipated Artificial Intelligence-fueled productivity gains across its vast network of Global Capability Centers (GCCs), signaling a transformative period for India's crucial IT services sector.

Editorial Team1 min
Our demand for tech resources will fall in 3 years: Barclays India CEO & MD
Economy 5/24/2026

Rupee stabilisation, better earnings growth to bring FIIs back to Indian markets

After a protracted exodus, analysts are now flagging key inflection points that could trigger a significant reversal in foreign institutional investor (FII) sentiment towards Indian equities. May 2026 alone has seen FII selling hit Rs 30,374 crore, pushing the year-to-date outflows to a staggering Rs 1.5 lakh crore, driven by a stronger dollar and elevated global interest rates earlier in the year.

Editorial Team1 min
Rupee stabilisation, better earnings growth to bring FIIs back to Indian markets
Economy 5/24/2026

Oncology Therapy Market to Reach US$482.5 Billion by 2033 as High Cancer Mortality, Precision Medicine and Next-Generation Therapeutics Redefine Global Cancer Care

The global oncology therapy market is poised for an unprecedented surge, with a new DataM Intelligence report projecting its value to skyrocket from US$212.6 billion in 2025 to an astounding US$482.5 billion by 2033. This near-doubling, driven by a relentless 9.6% CAGR, underscores a radical shift in cancer treatment, propelled by the urgent demand to combat high cancer mortality rates and breakthroughs in next-generation therapeutics. The industry is effectively re-writing the playbook for global cancer care.

Editorial Team1 min
Oncology Therapy Market to Reach US$482.5 Billion by 2033 as High Cancer Mortality, Precision Medicine and Next-Generation Therapeutics Redefine Global Cancer Care
Economy 5/24/2026

Walmart CEO sends troubling message on economy, higher prices

Walmart CEO Doug McMillon delivered a stark warning this week, signaling deep consumer distress as shoppers increasingly prioritize essentials over discretionary goods. The retail giant's internal data, reflecting trends across millions of households, shows an acceleration in the shift towards value-oriented purchases, suggesting persistent inflationary pressures are now biting harder into household budgets than previously estimated. This pivot threatens broader economic growth and puts pressure on the Federal Reserve's "soft landing" narrative.

Editorial Team1 min
Walmart CEO sends troubling message on economy, higher prices
Economy 5/24/2026

Another Fuel Price Hike Unavoidable If Global Disruptions Continue: BPCL

Indian consumers are bracing for imminent retail fuel price hikes after Bharat Petroleum Corporation Ltd. (BPCL) signaled that a further increase is "unavoidable" if global energy disruptions persist. This stark warning, articulated by Director HR Raj Kumar Dubey, comes as the Indian government grapples with persistent geopolitical instability driving up crude oil costs, severely squeezing the margins of state-owned Oil Marketing Companies (OMCs).

Editorial Team1 min
Another Fuel Price Hike Unavoidable If Global Disruptions Continue: BPCL
Economy 5/24/2026

UBS sounds alarm on oil price for the rest of 2026

UBS just dramatically lifted its Brent crude forecast for the remainder of 2026, pushing its Q3 target to $105/barrel amid escalating and stubbornly persistent disruptions in the Strait of Hormuz. The Swiss banking giant's revision underscores a growing consensus that geopolitical risks in the Middle East are structurally re-pricing global oil supply, threatening to reignite inflation and derail a fragile global economic recovery.

Editorial Team1 min
UBS sounds alarm on oil price for the rest of 2026
Economy 5/24/2026

More War-Driven Inflation Seen in Fed’s Favored Gauge

The Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, has surged to an alarming 3.8% annually, propelled by a dramatic spike in energy costs tied to the escalating Strait of Aden Conflict. This unexpected acceleration, pushing the index perilously close to 4%, immediately upends any lingering hopes for near-term rate cuts and casts a long shadow over the U.S. economic outlook.

Editorial Team1 min
More War-Driven Inflation Seen in Fed’s Favored Gauge
Economy 5/23/2026

Landlord with 100 properties warns new negative gearing rules will create ‘two-class economy’

Australia's property sector is bracing for seismic shifts as the Albanese Labor government pushes through controversial reforms to negative gearing, prompting a stark warning from major landlord Robert Menzies that the changes will create a “two-class economy.” Menzies, who oversees a portfolio of over 100 properties, predicts an exodus of investors, a further tightening of the already strained rental market, and a widening gap between property owners and a permanent renter class. The proposed legislation, introduced to Parliament last month, aims to restrict negative gearing benefits to newly constructed dwellings, a move heralded by the government as a solution to the nation's severe housing affordability crisis.

Editorial Team1 min
Landlord with 100 properties warns new negative gearing rules will create ‘two-class economy’
Economy 5/23/2026

GCCI Urges Centre to Restore 5% Withholding Tax For FPIs In Govt Securities, Rupee Bonds

The Gujarat Chamber of Commerce and Industry (GCCI) has sharply escalated pressure on the Centre, urging an immediate restoration of the 5% withholding tax for Foreign Portfolio Investors (FPIs) in government securities and rupee bonds. This push comes as India's current 20% rate is widely seen as a punitive barrier, actively weakening the nation's appeal in increasingly competitive global debt markets and jeopardizing crucial capital inflows.

Editorial Team1 min
GCCI Urges Centre to Restore 5% Withholding Tax For FPIs In Govt Securities, Rupee Bonds
Economy 5/23/2026

Why High Yield Munis Default Less Than Corporate High Yield

Even as higher interest rates and persistent inflation push corporate default forecasts upward for 2026, high-yield municipal bonds continue to exhibit a remarkably lower default rate compared to their corporate counterparts. Fresh analyses from leading Credit Rating Agencies consistently reaffirm this structural resilience, providing a critical anchor for investors seeking yield with mitigated risk in a volatile credit landscape.

Editorial Team1 min
Why High Yield Munis Default Less Than Corporate High Yield
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