Why the Fed is cutting rates even as prices keep rising
The Federal Reserve announced its second consecutive cut to its benchmark interest rate on Wednesday, reducing the federal…
Business performance sentiment falls to record low – BDO survey
Shops on Auckland’s Queen Street. Photo: RNZ / Liu Chen Business performance sentiment has fallen to a record…
Household electricity prices in 1st half of 2025: -0.5% – News articles
In the first half of 2025, the average electricity price for households in the EU remained largely stable…
From NEOM to AI and tourism, Saudi Arabia’s priorities are shifting
Digital render of NEOM’s The Line project in Saudi Arabia The Line, NEOM When Saudi Arabia first announced…
Namibia vows to pay 3 quarters of a billion dollars of its debt in a single day
Namibia’s Finance Minister Ericah Shafudah made the country’s debt plan known, noting that Namibia will pay back its…
Central bank: Housing problem is worsening
Greece’s housing problem is deteriorating considerably, the Bank of Greece said in its recent financial stability report, noting…
Why a US-China trade deal matters to the global economy | International Trade News
Gyeongju, South Korea – Presidents Donald Trump and Xi Jinping’s first face-to-face meeting since 2019 is expected to produce…
‘Heat deaths aren’t a thing’: Coalition MPs weighing net zero given sceptical briefing on climate science | Coalition
Coalition MPs weighing up whether to abandon net zero have been briefed on research that argues “heat deaths…
Ocean rates higher by double-digits as U.S. makes Asia trade progress
Container rates on trans-Pacific routes from Asia to the United States and Northern Europe improved by double-digits as…
Household gas prices fall 8.1% in the 1st half of 2025 – News articles
In the first half of 2025, household gas prices in the EU fell to €11.43 per 100 kWh…
The ADP data released yesterday could hurt Fed’s conviction for a December cut
The ADP yesterday released the preliminary U.S. estimate of an average increase of 14,250 jobs per week in…
Ethiopia cuts foreign debt by 80%, declares ‘growth without loans’
“The economy is growing without foreign loans. We have built a system that stands on Ethiopia’s own capacity,”…