Wall Street sell-off could mean hip-pocket relief for millions of Australians
Australia’s big insurance companies were sold off heavily on the share market on Friday. Analysts readjusted their valuations…
Two BOE Rate-Setters Say Slower Cuts Needed to Fight Inflation
Two Bank of England policymakers said the central bank should slow the pace of interest-rate cuts to prevent…
Nestlé is laying off over 16,000 employees under its new CEO—and says a key motivator is ‘automation’
Nestlé will lay off 16,000 employees worldwide as recently-appointed CEO Philipp Navratil looks to turn around the world’s…
California restaurant owner says tariffs, inflation leave him “barely breaking even”
Inglewood, California — One family’s legacy, an Italian restaurant called Sunday Gravy that’s been operating for decades, is…
EU considers withholding funds from countries that don’t fix pension systems – POLITICO
“You can’t buy pension reform,” said a deputy finance minister. “It’s going to hit the nerve of what…
Average long-term US mortgage rate slips to 6.27%, nearing a low for 2025
The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest…
Australia’s unemployment rate jumps to 4.5pc
Australia’s unemployment rate jumped to 4.5 per cent in September, up from 4.3 per cent in August, in…
Government shutdown delays Social Security’s cost-of-living announcement. Here’s what to know.
The Social Security Administration’s annual announcement setting next year’s cost-of-living adjustment, or COLA, will be delayed because of…
Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says
WASHINGTON — WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy,…
With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates
Federal Reserve Chair Jerome Powell speaks during the National Association of Business Economics meeting in Philadelphia, Pennsylvania, on…
Social Security COLA 2026 coming Oct. 24 after delay
Peopleimages | Istock | Getty Images The government shutdown will delay a key announcement that affects millions of…
Slowdown in US hiring suggests economy still needs rate cuts, Fed’s Powell says
WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve…