US Job Market Slows in Second Half of October, ADP Data Shows
US companies shed 11,250 jobs per week on average in the four weeks ended Oct. 25, according to…
Switzerland Moves Close to Securing Improved 15% Tariff Deal
Switzerland is close to securing a 15% tariff on its exports to the US, in what would be…
Quebec Premier Pushes C$496 Billion Pension to Invest at Home
Quebec Premier Francois Legault said he wants the province’s pension fund to invest more locally, including making bets…
US risks AI debt bubble as China faces its ‘arithmetic problem’, leading analysts warn
Two of the leading experts on the world’s biggest economies warn that both countries face serious challenges in…
Egyptian Inflation Quickens After Hike in Fuel Prices
Egyptian inflation quickened for the first time since May on the back of a surprise jump in rents,…
South Africa Wins $925 Million World Bank Loan for Ailing Cities
The World Bank approved a $925 million loan for South Africa to support a six-year program costing three…
RBA’s Hauser Says Economy’s Capacity Limits Challenge Policy
Australia’s monetary policy is being challenged by an apparent lack of spare capacity in the economy, Reserve Bank…
I’m Sure There’s Nothing to Worry About Now That Mortgage-Backed Securities Are Driving AI
If you weren’t alive, or weren’t news-cognizant, back in 2007 when the slow motion debt crisis all around…
China Consumer Prices Unexpectedly Rise on Holiday Demand
China’s consumer prices unexpectedly increased in October, as holidays during the month boosted travel, food and transport demand.…
Philippine Growth Shock Sparks Doomsayer Debate With Investors
The Philippines’ sharp growth slump lays bare how revelations of massive graft have gutted confidence, even as top…
Vietnam PM Says 4Q GDP Must Expand 8.4% to Meet Growth Goal
Vietnam’s economy must grow at least 8.4% in the final quarter of the year if the nation is…
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,…