Gopinath Sounds Alarm On US Market Dependence; Correction Could Trigger Global Fallout Worse Than Dotcom Crash
A correction at the Wall Street may lead to a global crisis worse than the dot-com crash, considering…
Business climate improves, but remains challenging
The country’s business climate showed slight improvement in the fiscal year (FY) 2024-25 after a decline the previous…
Fed chair contender backs October rate cut, cites cooling inflation
WASHINGTON: A top contender to lead the US Federal Reserve has backed a quarter-point rate cut later this…
Economic Data Blackout Could Become Data Dark Age As Shutdown Drags On
Key Takeaways Government statistical agencies failed to publish three major economic reports that were due Thursday.Economists are warning…
US jobless claims seen falling, but labour market remains sluggish – preview
JPMorgan and Goldman estimate jobless claims fell to ~217k despite data gaps from the shutdown. Both layoffs and…
China has found Trump’s pain point
Osmond ChiaBusiness reporter Reuters Last week, China’s Ministry of Commerce published a document that went by the name…
Surprise unemployment rate jump brings November rate cut into play
Treasurer Jim Chalmers said unemployment remained low and participation high. Picture: Nigel Hallett ANALYSIS A shock jump in…
French PM Sébastien Lecornu survives two no-confidence votes by MPs
Lecornu survives two no-confidence votes, but more challenges to comepublished at 12:03 BST 16 October 12:03 BST 16…
AUD/USD dips below 0.6500 as unemployment rises, RBA cuts eyed
AUD/USD declines by 0.38% on Thursday to trade around 0.6490 at the time of writing, back below the…
The AI boom is propping up the whole economy
Re: the economy rolling over— The biggest reason to think that this is happening isn’t AI entering bubble…
Türkiye presents 2026 draft budget, reaffirms disinflation goal
Türkiye’s 2026 draft budget was set to be presented to Parliament on Thursday, foreseeing TL 18.93 trillion ($452.4…
Miran talking down tariff inflation impact – investingLive
Miran talking down tariff inflation impact investingLiveNAHB US October housing market index 37 vs 33 expected investingLiveBank of England’s Mann…