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…
China Factory Activity Disappoints in Sign of Faltering Momentum
China’s manufacturing activity expanded less than forecast in October, a private survey showed, adding to worrying signs about…
OPEC+ to Agree Small Output Hike for December, Delegates Say
OPEC+ members are set to approve another small output hike for December when they meet online on Sunday,…
World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
Shutdown Stalls SEC Work on Private Credit in Retirement Plans
The month-long government shutdown is delaying the Securities and Exchange Commission’s work to make it easier for 401(k)…
Taiwan Economy Rides AI Boom to Better-Than-Expected Growth
Taiwan’s economy soared past expectations to clock a second consecutive quarter of strong growth, as gains from the…
Bitcoin (BTC) Extends Losses as Powell Cautions Against Rate Cut Bets
Bitcoin slumped toward the lower end of its recent trading range as record rallies in other risk assets…
US Says China to Buy 87 Million Tons of Soybeans Through 2028
The US said China has agreed to buy millions of tons of soybeans through 2028, providing some relief…
China’s Year-Long Rare Earths Truce Offers Near-Term Relief
China paused plans for a dramatic expansion of its rare-earths export controls, offering relief to global buyers after…
Why an Old Multiple Sclerosis Drug Costs More Than Ever in the US
When Jean Kay started a brand-new multiple sclerosis treatment called Rebif in 2003, it cost $17,500 a year.…
White House Fossil Fuel Bet Is Losing to Green Energy
It’s been 19 months since Donald Trump promised that if elected the 47th President of the United States…
US-China Trade Detente Would Limit Tariff Blow for Both: Bloomberg Economics
A trade detente agreed between US President Donald Trump and his Chinese counterpart Xi Jinping would limit the…