IEA Revises 2026 Forecast: Global Oil Supply To Plunge Below Demand This Year

Michigan And New York Drive Jump In Initial Jobless Claims, Continuing Claims Near 2-Year-Lows The number of Americans filing for unemployment benefits for the first time rose to 209k last week, rebounding off the lowest levels since 1969... Michigan and New York saw the largest surge in initial jobless claims last week, while Puerto Rico and Ohio saw the biggest weekly declines... Continuing jobless claims, however, dipped back below 1.8 million Americans, clearly trending lower again... Combined with Friday's disappointing payrolls print, the labor market appears to remain in the 'no hire, no...

Lingering Iranian Diplomats In New York 'Kicked Out' By Rubio The 81st session of the United Nations General Assembly took place September 22–29 in New York City, with the Iranian delegation being allowed into the country (even as the delegation of the Palestinian Authority was blocked). President Masoud Pezeshkian addressed the UNGA without any problems, and Foreign Minister Abbas Araghchi engaged in talks with the US on the sidelines and via mediators. Both top officials exited the country, after safety concerns were voiced in Iranian outlets - given the US is engaged...