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…
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 Labor Market Concerns Outweigh 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 BloombergWhy Companies Are No Longer Hanging On…
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…