US Fed Inflation Metric to Ease as Focus Shifts to Jobs Market
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers…
Aussies are expected to keep working longer as the cost of living continues to bite
Australian men can now be expected on average to work until age 67, and women to age 65,…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
Bank Indonesia Aligns With Prabowo in ‘All-Out, Pro-Growth’ Push
Bank Indonesia got behind President Prabowo Subianto’s bid to galvanize growth following widespread cost-of-living protests, delivering a surprise…
New Zealand Current Account Gap Narrows Sharply on Temu Effect
New Zealand’s current account deficit has narrowed dramatically after a downward revision to imports because of more low-value…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.comUK pay growth stays high – but Britons are feeling…
World Economy Latest: Jobs Revisions, Steady Inflation Seal Fed Rate Cut
A record downward revision to annual US job growth, paired with no surprises in the latest inflation data,…
US Consumer Sentiment Falls to Lowest Since May on Job Worries
US consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the…
China’s Summer of Economic Weakness Likely Stretched Into August
China’s economy likely endured another month of weakness in August, with a slowdown in industrial output and investment…
As AI cuts entry-level jobs, young workers are left wondering what’s next
Welcome to Eye on AI! In this edition…entry-level job loss due to AI breeds uncertainty…OpenAI acquires Statsig for…
Foreign Money Flowed Out of the U.S., Not In, During the Global Financial Crisis
There is one fact that nearly everyone—prominent investors, leading international economists, and top think tanks—tend to get wrong:…
Britain is in the eye of the financial storm
As any analyst will tell you, it’s a mug’s game to predict crashes, but anyone could tell you…