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US economy

Strait of Hormuz: The tollbooth in the middle of the world

A cargo ship near the Strait of Hormuz through which nearly one-fifth of the world's oil consumption passes.
A cargo ship near the Strait of Hormuz through which nearly one-fifth of the world's oil consumption passes.

US registers strong job growth in March; unemployment rate at 4.3%

The unemployment rate dropped by 0.1 percentage-point to 4.3 per cent in March, the Labor Department said.
The unemployment rate dropped by 0.1 percentage-point to 4.3 per cent in March, the Labor Department said.

The war that could break America’s borrowing machine

Mortgage rates have spiked in the US as the Treasuries market comes under stress. Similar pain may be felt across the world.
Mortgage rates have spiked in the US as the Treasuries market comes under stress. Similar pain may be felt across the world.

US to send dozens of farm companies to the Philippines in April trade mission

Chris Towns, a blueberry farmer, on his farm in Alma, Georgia., on March 18, 2026.
Chris Towns, a blueberry farmer, on his farm in Alma, Georgia., on March 18, 2026.

US job openings fell in February, hiring rate at lowest level since 2020

Looking ahead, the war-driven surge in oil prices risks pushing up operating costs for companies and threatens to impede further hiring.
Looking ahead, the war-driven surge in oil prices risks pushing up operating costs for companies and threatens to impede further hiring.

Retail traders are selling stocks for the first time since 2023

Retail investors on March 23 notched its first day of net selling of single stocks since November 2023, dumping US$20.6 million (S$26.3 million) worth of shares.
Retail investors on March 23 notched its first day of net selling of single stocks since November 2023, dumping US$20.6 million (S$26.3 million) worth of shares.

While You Were Sleeping: 5 stories you might have missed, March 25, 2026

Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah,  in the United Arab Emirates.
Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah,  in the United Arab Emirates.

Trump’s approval hits new 36% low as fuel prices surge amid Iran war, Reuters/Ipsos poll finds

Americans’ views on US President Donald Trump have soured significantly with regard to his stewardship over the cost of living.
Americans’ views on US President Donald Trump have soured significantly with regard to his stewardship over the cost of living.

Wait it out, hold on to gold? What investors in S’pore can do as ‘stagflation’ risk mounts

Stagflation hits when there is inflation, like with rising oil prices, but the economy's slowing down, jobs are tight, and growth is stagnant.
Stagflation hits when there is inflation, like with rising oil prices, but the economy's slowing down, jobs are tight, and growth is stagnant.

US drivers face long-term pain at pump, analysts say; Trump bets they are wrong

US diesel climbed above US$5 (S$6.38) a gallon, its highest since late 2022, pushed higher by the war in Iran.
US diesel climbed above US$5 (S$6.38) a gallon, its highest since late 2022, pushed higher by the war in Iran.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.