Russia’s central bank reveals GDP is shrinking, a sign Putin’s war economy is in recession
The Bank of Russia lowered benchmark rates again on Friday and denied the economy is in a recession,…
France could hold snap elections again amid deadlock and calls for Emmanuel Macron’s resignation
By Bridget Rollason and Daniel Pannett, ABC News Emmanuel Macron. Photo: Reuters / Tom Nicholson France is stuck…
Iranian youth facing chronic anxiety as living costs climb – Tehran daily
Many with monthly incomes of 200 to 300 million rials ($200-300) can no longer afford routine purchases or…
CBO sees lower GDP in 2025 with higher inflation and unemployment
The Congressional Budget Office is out with their projections for real GDP, inflation, unemployment, and interest rates. The…
China bets big on Thai industrial cluster with US$8.4 billion investment
China has become the leading source of foreign investment in a growing, state-fostered Thai industrial cluster, backed by…
Chinese auto market: Govt unveils plan to ‘stabilise’ sector; emphasis on ‘cost surveys and price monitoring’
China rolled out a two-year plan aimed at easing turbulence in its car industry, where aggressive price cuts…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since President Donald Trump took office for a second term is likely…
Tariffs may drive hundreds of thousands into poverty, economists warn
The latest measure of consumer inflation shows prices are rising, and according to a Yale University analysis, increased…
Billionaire Ray Dalio Warns Debt-Laden US Economy Faces ‘Heart Attack,’ Advises Investors To Hold 10–15% Gold
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Bridgewater…
US Consumer Sentiment Falls to Lowest Since May on Job Worries
US consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the…
First Light News: August US CPI Inflation Rises; Fed Still Likely to Move Next Week
Fed Rate Cut Expected Next Week So, with headline CPI inflation rising and core inflation remaining elevated, both…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
Chairman of the US Federal Reserve Jerome Powell, from left, Governor of the Bank of Canada Tiff Macklem,…