US Fed Inflation Metric to Ease as Focus Shifts to Jobs Market
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers…
China’s youth unemployment soars to 2-year high as job crunch deepens
China’s urban youth unemployment rate rose last month to the highest level since the data set was adjusted…
Chinese Fiscal Spending Slowdown Persists in Risk for Growth
China’s government spending increased at a slower rate for the second straight month, underscoring how weaker fiscal support…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
Private Markets’ Exposure Rises at Top Pension Funds
Regulation and compliance have driven an unprecedented wall of US retirement money into private assets, a new reportBloomberg…
Chicago Advances Pension Cash to Avoid Asset Sale From Tax Delay
Chicago is stepping in to lend cash to its underfunded pensions so they have enough money to avoid…
Airways NZ boss reveals more about cause of August air traffic control outage, responds to anger over fee increases
But much of that region has virtually no air traffic, or just a few long-haul flights flying at…
China’s stock rally poised to run on as household savings pour into equities
Households continued to shift money into mainland China’s US$12.7 trillion stock market last month, suggesting that a rally…
Developing | China’s economy under strain in August as retail sales, industrial output miss forecasts
China’s economy showed signs of strain in August, as sluggish domestic demand, headwinds from the US trade war…
DR Congo begins vaccinating against new Ebola outbreak
The first shipment of vaccines was handed out to those most at risk from the virus, including frontline…
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…
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…