Jerry Lin
The Latest
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Eurozone Economy Contracts 0.2% as Ireland’s 12.1% Slump Masks Growth in Germany
The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock. 
The eurozone economy unexpectedly contracted in the first quarter of the year, marking its first decline in 12 months and underscoring the growing economic pressures confronting Europe as inflation accelerates and the conflict involving Iran fuels a new energy shock. -
Oil Prices Plunge As Report Says Trump Reluctant To Restart Full-Scale War With Iran
U.S. crude oil (WTI) fell about 3.8% to $92.34 per barrel, while Brent crude dropped 3.3% to $94.58. 
U.S. crude oil (WTI) fell about 3.8% to $92.34 per barrel, while Brent crude dropped 3.3% to $94.58. -
US Jobless Claims Jump to 225,000 as Layoffs Surge and Hiring Signals Turn Mixed
The U.S. labor market delivered a fresh set of conflicting signals this week as new unemployment claims climbed to their highest level since February, even while private-sector hiring and job openings pointed to continued resilience across large parts of the economy. 
The U.S. labor market delivered a fresh set of conflicting signals this week as new unemployment claims climbed to their highest level since February, even while private-sector hiring and job openings pointed to continued resilience across large parts of the economy. -
Fed Warns Iran Conflict Is Pushing Up Grocery Prices as Energy Costs Ripple Across U.S. Economy
The Federal Reserve is warning that rising energy costs tied to the conflict involving Iran are spreading through the U.S. economy, increasing pressure on businesses and consumers as higher fuel prices begin filtering into grocery bills, shipping costs, packaging expenses, and other everyday purchases. 
The Federal Reserve is warning that rising energy costs tied to the conflict involving Iran are spreading through the U.S. economy, increasing pressure on businesses and consumers as higher fuel prices begin filtering into grocery bills, shipping costs, packaging expenses, and other everyday purchases. -
Goldman Sachs CEO Says Wall Street Is Driven by ‘Greed’ as OpenAI, Anthropic and SpaceX Eye Massive AI Fundraising
Goldman Sachs CEO David Solomon says Wall Street has entered a phase where investor optimism is overpowering caution, as some of the world's most valuable artificial intelligence companies prepare for what could become one of the largest fundraising cycles in financial market history. 
Goldman Sachs CEO David Solomon says Wall Street has entered a phase where investor optimism is overpowering caution, as some of the world's most valuable artificial intelligence companies prepare for what could become one of the largest fundraising cycles in financial market history. -
U.S. Job Openings Surge To Highest Level In Nearly Two Years, Crushing Expectations
U.S. job openings climbed sharply in April to their highest level in nearly two years, offering fresh evidence that demand for workers remains resilient despite economic uncertainty, even as employers pulled back on actual hiring and workers showed little appetite for changing jobs. 
U.S. job openings climbed sharply in April to their highest level in nearly two years, offering fresh evidence that demand for workers remains resilient despite economic uncertainty, even as employers pulled back on actual hiring and workers showed little appetite for changing jobs. -
Oil Jumps Nearly 8% as Iran Halts U.S. Talks and Threatens Hormuz Closure
Oil prices surged Monday as investors reacted to worsening tensions between the United States, Iran, Israel and Hezbollah, with negotiations between Washington and Tehran appearing increasingly uncertain and fresh military exchanges raising concerns about potential disruptions to global energy supplies. Oil prices surged Monday as investors reacted to worsening tensions between the United States, Iran, Israel and Hezbollah, with negotiations between Washington and Tehran appearing increasingly uncertain and fresh military exchanges raising concerns about potential disruptions to global energy supplies. -
Oil Prices Slide Nearly 5% as U.S.-Iran Framework Signals Hormuz Strait Reopening Within Weeks
Global oil markets fell sharply Wednesday after reports emerged that a developing agreement between the United States and Iran could reopen the Strait of Hormuz to commercial shipping within a month, easing fears of a prolonged disruption to one of the world's most critical energy corridors. Global oil markets fell sharply Wednesday after reports emerged that a developing agreement between the United States and Iran could reopen the Strait of Hormuz to commercial shipping within a month, easing fears of a prolonged disruption to one of the world's most critical energy corridors. -
South Korea Overtakes U.S. in Cosmetics Exports After K-Beauty Sales Hit Record $11.4 Billion
South Korea surpassed the United States in cosmetics exports for the first time in 2025, as global demand for K-beauty products drove overseas sales to a record $11.4 billion, according to data released Saturday by South Korea's Ministry of Food and Drug Safety. 
South Korea surpassed the United States in cosmetics exports for the first time in 2025, as global demand for K-beauty products drove overseas sales to a record $11.4 billion, according to data released Saturday by South Korea's Ministry of Food and Drug Safety. -
China Retail Sales Collapse to Weakest Growth Since 2022 as Consumer Spending Stalls
China's economy lost momentum sharply in April as retail sales posted their weakest growth since late 2022 and factory output slowed more than expected, adding pressure on Beijing as officials struggle to revive consumer confidence, stabilize the property sector and shield growth from rising global tensions. 
China's economy lost momentum sharply in April as retail sales posted their weakest growth since late 2022 and factory output slowed more than expected, adding pressure on Beijing as officials struggle to revive consumer confidence, stabilize the property sector and shield growth from rising global tensions.
