UK Budget: Reeves Sees Reward in Keeping Lid on Inflation
Rachel Reeves stands to be the biggest beneficiary of her own efforts to bring down UK inflation and…
US Has Most October Layoffs in Over 20 Years on AI and Cost Cuts
US companies announced the most job cuts for any October in more than two decades as artificial intelligence…
South Africa Commodity Boom Boosts Economy and Markets
South Africa’s commodity windfall is expected to seep into the broader economy, boosting banks, retailers and property stocks…
Japan’s Ruling Party Eyes $6.5 Billion a Year for Chips, AI
Japan’s ruling party aims to secure roughly ¥1 trillion ($6.5 billion) per year to keep supporting the nation’s…
Indonesia Economy Maintains 5% Growth Despite Protests, Weak Demand
Indonesia is optimistic that billions of dollars of stimulus spending will drive economic growth to its fastest pace…
Canada to Start $36 Billion Building Fund as Carney Seeks Economic Growth
Canada is set to launch a C$50 billion ($35.5 billion) infrastructure fund to build projects in sectors such…
Fed’s Cook Says Risk to Labor Market Outweighs Inflation Risk
Federal Reserve Governor Lisa Cook said she sees the risk of further labor-market weakness as greater than the…
Mark Carney to Unveil Debt-Fueled Canadian Budget to Revamp Economy
Mark Carney was elected prime minister with a mandate to transform Canada’s economy. Now he needs to assure…
A Wave of US Layoffs Flash Early Warning Sign for Job Market – Bloomberg
A Wave of US Layoffs Flash Early Warning Sign for Job Market BloombergJob Cuts at Big US Firms Raise…
Swiss Inflation Slowdown Sparks Fresh Negative Rate Speculation
Switzerland’s inflation unexpectedly slowed to near zero, adding pressure on the central bank to push back against the…
Modi Tax Cut Fuels $68 Billion Festival Shopping Boom in India
India’s sweeping consumption tax cut drove shoppers to splurge on items from cars to kitchenware during the month-long…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…