Economy

Trump names former governor Kevin Warsh as Powell's successor for US Federal Reserve head

Warsh is one of the more hawkish picks among the perceived candidates, market participants said of the choice, for which they have been gaming out scenarios for months.

KEVIN WARSH, Fellow in Economics at the Hoover Institution and lecturer at the Stanford Graduate School of Business, speaks during the Sohn Investment Conference in New York City, US, May 8, 2017.
Iranian Rial banknotes over a backdrop of the Iranian flag; illustration.

Iranian rial reaches record low value, trading at over 1.5m IRR per USD

Blue barrels of oil.

US-Iran flare-up, cold stint push oil prices to multi-month peak

 US economy

CEOs cautious on revenue growth despite steady confidence in global economy - poll


Target to lower prices on 3,000 everyday items for holiday season

Retailers are preparing for a sales drop-off this November, following the Trump tariffs and the lapse in food aid.

Ocean Spray cranberry sauce and Stove Top stuffing mix, part of Target's basket of Thanksgiving goods, are displayed for sale at a store in Valley Stream, New York, US, November 6, 2025.

Post-mayoral election, Israel is now a prime investment destination for New York's elite - opinion

While the United States remains the world’s strongest and most innovative economy, Israel has demonstrated remarkable resilience throughout a year of geopolitical and financial challenges.

A RESIDENTIAL building is under construction in Tel Aviv’s Ramat Aviv neighborhood earlier this year. As of January, the supply of new apartments in Israel reached a record of roughly 78,000 units, including nearly 9,000 in Tel Aviv, says the writer.

Israel grants NIS 3.25 billion in benefits to career IDF officers, mandatory service soldiers

Israel approved NIS 3.25b. in aid for IDF soldiers and officers to ease financial hardships caused by the war.

(L-R) Defense Minister Israel Katz, Prime Minister Benjamin Netanyahu and IDF chief Eyal Zamir at the graduation of an IDF officers' course, October 30, 2025

The not-so-hidden higher cost of living in NYC will be courtesy of Mamdani's win - opinion

Mamdani’s win is not just a threatening political story but a financial one for the Jewish community in New York.

New York City mayoral candidate Zohran K. Mamdani and NYC comptroller Brad Lander speak during the Jews For Racial And Economic Justice's Mazals Gala on September 10, 2025 in New York City.

Trump, in shift, acknowledges Americans are paying 'something' for tariffs

US Supreme Court justices raised doubts on Wednesday over the legality of Trump's tariffs in a case that has broad implications for how Trump governs.

 US PRESIDENT Donald Trump delivers remarks on tariffs at the White House last week. Because Trump is so hard to characterize neatly, we should think twice before jumping to conclusions as to where his tariff policies are headed, says the writer.

To boycott or not to boycott? Palestinians debate saying no to Israeli products

With calls to boycott Israel increasing globally, Palestinians discuss the consequences of the campaign on their own lives.

An illustrative image of Palestinian laborers working on a construction project in Israel.

Netanyahu's flirtation with economic isolation would be catastrophic for Israel, economists warn

At a time of turmoil and uncertainty, the last thing the Israeli economy needs is leaders willing to accept the economic blow of isolation on the global stage and who politicize monetary policy.

Prime Minister Benjamin Netanyahu speaks at a press conference in September 2025, following his statement that Israel will enter a state of autarkic economy and diplomatic isolation, and will have to cope with the characteristics of a closed economy.

Trading blows: European Union trade threat clouds Israel's export economy - analysis

How an EU boycott could upend Israel’s export-driven economy – and why the ceasefire offers only a temporary reprieve.

An illustrative image of Israeli and EU flags cracked.

Israel's economic miracle: Growth and stability persist through two years of war

Despite two years of war, Israel’s economy is stable, secure, and growing, analysts say.

M&A activity jumped nearly fivefold in the first three quarters of 2025, fueled by Palo Alto Networks’ $25b. acquisition of CyberArk.

US Supreme Court casts doubt on legality of Trump's global tariffs

US Supreme Court questions whether Trump can use a 1977 law intended for national emergencies to impose his global tariffs without congressional approval.

Demonstrators protest outside the US Supreme Court in Washington, November 5, 2025.