Global markets retreat amid US-Iran tensions and IMF growth cuts, while Pakistan projects fiscal surplus and Gen Z reshapes housing market dynamics

IMF cuts 2026 global growth forecast citing 'uncertainty and risks' from renewed Middle East fighting, signaling economic headwinds ahead for world markets.

Oil prices surge to two-week highs following Trump's statement that US-Iran ceasefire is over, impacting energy stocks and inflation expectations across markets.

State Bank of Pakistan projects current account surplus for FY26, marking second consecutive year of positive balance as economy stabilizes.

Bank of America warns US economy now operates as 'two economies,' highlighting diverging fortunes between sectors and income groups amid market volatility.

Stock market shows mixed performance with Nasdaq paring losses while Dow and S&P 500 decline as oil prices jump amid geopolitical tensions.

Meta faces $1.4 trillion lawsuit over teen mental health allegations, representing one of the largest proposed corporate penalties in US history.

Gen Z defies housing affordability crisis by purchasing homes through creative strategies despite soaring costs, reshaping real estate demographics.

Rocket Lab stock could surge 250% according to Morgan Stanley as company diversifies business strategy similar to SpaceX model expansion.

JPMorgan pursues smaller deals in new growth strategy, adjusting M&A focus amid evolving market conditions and regulatory environment.

Treasury yields surge as markets price in potential rate hikes under new Fed leadership, affecting borrowing costs across economy.