Australia flash PMI slumps to 47.8 in May as new orders fall at fastest pace since 2021
Australia’s flash composite PMI fell to 47.8 in May from 50.4 in April, signalling the second contraction in…
With China poised for record trade surplus, former Chongqing mayor calls for action
China needs a coordinated policy package of currency appreciation, tariff cuts and elevated labour benefits to rebalance its…
Macro strategist David Hunter warns of 80% market bust, 25% inflation as global debt math breaks
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau. Jeremy is a seasoned journalist…
Japan April CPI preview: core inflation seen slipping further below BOJ target
Japan’s core CPI is forecast to ease to 1.7% year-on-year in April, a third straight month below the…
Japan exports jump 14.8% in April as semiconductor shipments soar
Containers at a shipping terminal in Yokohama, Japan on Oct. 18, 2021. Japan’s trade deficit surged in September…
Reeves to promise free summer bus rides for children and food tariff cuts in living costs package | Economics
Rachel Reeves is to promise free summer bus rides for children and cut tariffs on some food imports,…
Canada small businesses’ capacity for youth constrained
TORONTO — A weaker economy and rising costs are leaving little room for small businesses to hire and…
US federal deficit projected to hit $2 trillion in fiscal year 2026
Barrons Roundtable panelists analyze the state of the U.S. economy following Operation Epic Fury. The federal government is…
FOMC minutes show a Fed worried divided on the easing bias, increasingly worried about the Iran war’s impact on inflation – KITCO
FOMC minutes show a Fed worried divided on the easing bias, increasingly worried about the Iran war’s impact…
Governments in U.K. urging grocers to cap prices on milk, bread
Open this photo in gallery: People shop at a grocery store in London in May, 2023. The war…
Mark Zandi puts U.S. recession odds at 40%, warns economy is ‘on edge’
Rochefort co-CEO Kyle Bass analyzes the global economy as President Donald Trump signals a turning point in the…
Mideast war drives up bond yields, budget risk
The yields demanded by investors to lend to governments by buying their bonds have peaked in recent days,…