Economy & Markets
FedEx’s Freight Spin‑Off Sets the Stage for a Volatile Q4 Beat
FedEx (FDX) will unveil its fiscal 2026 fourth‑quarter earnings on June 23, and the numbers could swing wildly after the…
Why writers aren’t being replaced by AI on Bloomberg’s Odd Lots
Sam Ro, the creator of the newsletter “TKer,” appeared on Bloomberg’s Odd Lots podcast on Tuesday and spent 45 minutes arguing…
Warsh’s Subtle Pivot Leaves Trump and Powell on the Edge
At 2:45 p.m. ET on Tuesday, the Federal Open Market Committee’s (FOMC) minutes listed a single, unassuming line: “Chairman Warsh emphasized…
Air Peace Launches Brazil Route, Eyes Canada and Two More Nations
Air Peace will start flying to São Paulo next month, marking the West African carrier’s first long‑haul service to South America.…
Azerbaijan Accelerates Push Toward a Non‑Oil Economy
Azerbaijan aims to boost the share of non‑oil GDP from 23% to over 30% by 2028, marking a decisive sprint…
India’s IWT Violations Threaten KP’s Rice Economy
On a sweltering July afternoon, a truckload of basmati rice sat idle on a dusty road outside Peshawar, its driver…
Wall Street Swings as S&P 500 Hits Record High Amid Earnings Buzz
The S&P 500 rallied 1.3% on Tuesday, snapping a three‑day streak of modest gains and pushing the index past the…
XLRE Beats RWO as U.S. Real Estate Takes Lead Over Global Markets
XLRE surged 2.3% on Tuesday while RWO slipped 1.1%, the first time this year the U.S. real‑estate ETF outperformed its…
Warsh’s Quiet Fed Gamble Sparks Market Volatility
A lone trader on the floor of the New York Stock Exchange froze mid‑sale Thursday as the S&P 500 slipped…
Right‑of‑Way Reform Fuels the Next Digital Surge
Right‑of‑way reform is the single biggest lever to grow Pakistan’s digital economy by up to 8% this decade. When a…