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US consumer confidence rose marginally in March even as fuel prices surged due to the Iran war, highlighting resilience in spending but growing concerns around inflation and economic outlook, according to AP.The Conference Board said its consumer confidence index increased to 91.8 in March from 91 in February, indicating a modest improvement despite rising cost…
Image credits: IANS The Indian-flagged LPG tanker Pine Gas had to wait nearly three weeks before it could safely pass through the Strait of Hormuz, after Iran began allowing ships through the narrow waterway only selectively. The vessel had loaded cargo at the United Arab Emirates’ Ruwais port on February 28, a day before attacks…
Consumers browse Huawei phones in a shopping mall in Yantai, Shandong Province, China on March 8, 2026. Cfoto | Future Publishing | Getty Images Huawei’s push to develop its own artificial intelligence chip has yet to drive the double-digit revenue gains of its peers, as Chinese companies strive to narrow the gap with the U.S….
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Federal Reserve Chair Jerome Powell on Monday said the central bank is closely monitoring inflation risks arising from the spike in energy prices due to the Iran war, but cautioned that there is limited scope for policy intervention in such supply-driven shocks.Speaking at Harvard University before nearly 400 students, Powell said energy shocks typically tend…
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NEW DELHI: A video showing a large mob allegedly parading and assaulting a woman in Bihar’s Nalanda district went viral on social media on Tuesday, triggering a sharp political backlash. The opposition targeted the ruling NDA alliance over “collapsed” law and order in the state, calling it the “beginning of brutality akin to Manipur” .The…
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