Reeves Faces OBR Fight Over Plan to Scrap UK’s Spring Forecast
UK Chancellor of the Exchequer Rachel Reeves risks a confrontation with the head of the government’s fiscal watchdog…
World Economy Latest: Resilient US Consumers Continue to Power Growth
US personal spending last month topped forecasts, illustrating consumers are generating momentum for the world’s largest economy and…
Chinese Industrial Profits Jump in August, Reversing Drop
Chinese industrial profits surged after months of declines, signaling that national campaigns to tackle overcapacity and excessive competition…
US Initial Jobless Claims Drop to the Lowest Level Since July
Initial applications for jobless benefits in the US fell to the lowest since mid-July, underscoring how companies remain…
Canada and Indonesia Ink Trade Deal Amid US Tariff Upheaval
Indonesia and Canada agreedBloomberg Terminal to a deal to lower trade barriers and ease investment procedures, part of…
$800 billion shortfall even with savings
Agentic AI innovation is unprecedented, yet most companies are still in experimentation mode To meet the expected AI…
Social networking agency and prosociality are inextricably linked in economic games
Boissevain, J. Friends of Friends: Networks, Manipulators and Coalitions (Basil Blackwell, 1974). Google Scholar Watts, D. J., Dodds,…
Fed’s Bowman Urges Swift Rate Cuts to Support Jobs Amid Weak Labor Market
Federal Reserve Governor Michelle Bowman said policymakers are in danger of falling behind the curve and need to…
South Africa And China Businesses Ink Pact to Boost Trade
China called for deeper trade and investment ties with South Africa as it pledged to accelerate cooperation in…
Bank of Canada Says Tariffs Dent Greenback’s Safe-Haven Status
Bank of Canada Governor Tiff Macklem suggested the US dollar’s status as a “global safe asset” may be…
Rachel Reeves Might Have to Break Her Promises
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
China Floods World With Record Amount of Cheap Goods After Trump’s Tariffs
President Xi Jinping’s export engine has proved unstoppable during five months of sky-high US tariffs, sending China toward…