Inflation jumps to 3.2%, dashing hopes of a Melbourne Cup day rate cut for homeowners | Australian economy
Inflation has jumped to 3.2% in the year to September, from 2.1% in June, as waning government subsidies…
A ‘soybean farmer’ himself, Treasury Sec. Bessent said he’s feeling ‘pain’ from China, too
Hundreds of thousands of American soybean farmers are suffering from a monthslong effective embargo by China as part…
Britain can defy gloomy economic forecasts, says Rachel Reeves | Rachel Reeves
Rachel Reeves has said Britain can defy gloomy economic forecasts after the fiscal watchdog infuriated ministers by predicting…
Fed has a rate cut plus a bunch of other things on its plate this week
Jerome Powell, chairman of the US Federal Reserve, during the International Monetary Fund (IMF) and World Bank Fall…
The year of the bailout: Australia’s biggest aluminium smelter next in line for taxpayers’ cash | Energy
Will 2025 be remembered as the year of the bailout? More than $3bn of taxpayer money has been…
![Guryong Village in Gaepo-dong, Gangnam District — known as the last shantytown in Seoul’s Gangnam area — is seen on Aug. 1. Behind the village stand luxury residential complexes in Gangnam, including Tower Palace, one of the most expensive housing areas in the country. Although the site is slated for redevelopment under Seoul’s urban renewal project, the gap in wealth between regions and social classes continues to widen. [YONHAP]](https://www.newsbeep.com/au/wp-content/uploads/2025/10/291fdec9-8927-4ada-a080-3449ca87c69c-380x220.jpg)
The broken ladder of mobility
Guryong Village in Gaepo-dong, Gangnam District — known as the last shantytown in Seoul’s Gangnam area —…
ADP rolls out weekly US private payrolls data — Capital Brief
The news: ADP Research said that it will now be releasing US payroll data every week, in addition…
Bank of America CEO warns middle class feeling economic strain
Bank of America CEO Brian Moynihan joins ‘Mornings with Maria’ to preview the bank’s Investor Day, discuss growth…
China Vows Significant Boost to Consumption Share of Economy
China pledged to “significantly” boost the share of consumption in its economy over the next five yearsBloomberg Terminal…
Sri Lanka budget current account in surplus by Sept as central bank misses inflation target
ECONOMYNEXT – Sri Lanka has run a surplus in the current account of the budget in the nine…
Economic Pessimism Rises Among Americans
Topline Americans are expressing lowered opinions about the U.S. economy as worries persist about a declining job market…
Consumer confidence dips modestly in October with Americans concerned about the future
WASHINGTON (AP) — Consumer confidence weakened slightly in October as Americans remain anxious about their future financial prospects.…