Economy

Economy
Economy

ANAROCK’s Prashant Thakur says Dubai’s haven tag tested, but capital may not flee

Dubai’s real estate market, fresh off a record-breaking run in 2025, is now facing a critical test as escalating tensions in West Asia rattle investor confidence. The emirate had seen transactions worth $250 billion alongside a sharp 50–70% price surge over the past few years, fuelling concerns of overheating even before the conflict began. The

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Economy

Dow Jones slips 250 points: here’s why US stocks opened lower

US stocks opened lower on Thursday, reversing the previous session’s gains as investors remained cautious about developments in the Middle East and the uncertain path toward de-escalation. Dow Jones Industrial Average fell 256 points, or 0.5%, while the S&P 500 index declined 0.7% and the Nasdaq 100 index dropped 1%. The pullback comes after Wall

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Economy

Cracks in the empire: what Meta, Google ruling signals for Big Tech

The landmark jury verdict in Los Angeles that has delivered a blow to two of the world’s most influential digital platforms, is widely being seen as a potential turning point in the long-running debate over the social and psychological impact of digital platforms, particularly on children and teenagers. More importantly, the verdict has punctured the

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Economy

Rising yields, firm dollar hit gold’s appeal; experts see bearish trend

Gold prices took a more than 2% hit on Thursday as crude oil’s climb back above $100 a barrel sparked fresh inflation fears, leading investors to largely discount the possibility of US interest rate cuts this year. Meanwhile, silver on COMEX also plunged nearly 7%, pressured by rising Treasury yields and a firmer dollar.  Both

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Economy

US jobless claims hit 210,000 as labour market cools gradually 

US jobless claims rose slightly last week, suggesting that while hiring has slowed, employers are still holding back from large-scale layoffs in an increasingly uncertain economic environment. Data released by the Labor Department showed that initial claims for unemployment benefits rose to 210,000 in the week ending March 21, up from 205,000 a week earlier.

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Economy

Here are the top gainers and laggards in the S&P 500 Index, SPY, VOO ETFs in 2026

The S&P 500 Index and its top ETFs, such as Vanguard’s VOO and State Street’s SPY, have declined sharply in the past few days. They have dropped by over 6.45% from the highest point this year. Also, they have been hovering at the lowest level since November last year. This article explores some of the

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Economy

Snap stock has plunged to a record low: is it a bargain or a value trap?

Snap stock price has crashed to an all-time low as concerns about its business continued. It dropped to a low of $4.36, down from its all-time high of $83, with its market capitalization falling from over $125 billion in 2021 to $7.3 billion. Snap’s growth in North America has stalled  Snap, the parent company of

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Economy

Middle East faces at least $25B repair bill for damaged energy infra

The cost to repair and restore damaged energy infrastructure in the Middle East could climb to at least $25 billion, according to initial estimates from Rystad Energy, which expects the figure to rise further based on its assessment of impacted facilities. “Spending is likely to be driven primarily by engineering and construction, followed by equipment

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Economy

The Trade Desk stock price has imploded: will it plunge to $15?

The Trade Desk stock price remains in a freefall and is hovering near its lowest level since April 202o. It has become one of the worst-performing companies in the S&P 500 Index as it tumbled by nearly 85% from its highest point last year. As a result, its market capitalization has dropped from nearly $80

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Economy

MDA Space stock has suffered a harsh reversal: is it a buy now?

The MDA Space stock price slumped by 10% on Tuesday, moving from a low of $28.40, its lowest level since March 5. It has dropped by 13% from its highest point this year, giving it a market capitalization of over $3.7 billion. MDA Space stock slipped after a key update on NASA The MDA share

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