World Economy Latest: Bank of England Keeps Interest Rates Unchanged
Bank of England officials held interest rates steady this week in a narrow vote while keeping the door…
US Consumer Sentiment Declines to Near Lowest on Record
US consumer sentiment tumbled to near the lowest on record as the government shutdown weighed on the economic…
Canada Jobs Report October 2025: Employment Rises, Unemployment Rate Falls
The Canadian economy added 66,600 jobs in October, marking a second consecutive month of surprise employment gains as…
Japan’s Takaichi Shifts Economic Policy With Looser Budget Goal
Japanese Prime Minister Sanae Takaichi signaled her determination to ramp up the active use of fiscal policy to…
US Economy at Risk of Weakening With Growing Gap Between Rich and Poor
The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households,…
Japan’s Ruling Bloc Partner Warns Against Mixed-Message BOJ Hike
A Bank of Japan move to raise interest rates at a time when the government is calling on…
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…
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…
US Services Activity Expands at Fastest Pace in Eight Months
US services activity expanded in October at the fastest pace in eight months on a swift upturn in…
Zohran Mamdani Wins NYC Mayor Race: Will Albany Allow Higher Taxes, Free Buses?
During his campaign, New York City Mayor-elect Zohran Mamdani promised free childcare and buses, 200,000 new units of…
China Services Gauge Expands But Growth Slows to Three-Month Low
China’s services activity expanded in October even though growth was the weakest in three months, a private survey…