Robust consumer spending, AI-related investment power US economy in third quarter
The US economy grew at its fastest pace in a year in the third quarter, shrugging off higher oil prices stemming from the conflict in the Middle East
October 29, 2026The US economy grew at its fastest pace in a year in the third quarter, shrugging off higher oil prices stemming from the conflict in the Middle East
October 29, 2026European Central Bank policymakers expect to increase interest rates in December to fight high, energy-led inflation and then pause as a rise in bond yields is set to
October 29, 2026The U.S. economy posted strong growth in the July-September quarter yet inflation remained stubbornly high last month, government reports showed Thursday, painting a mixed picture less than a week before midterm elections in which the uncomfortably high cost of living has become a central issue
October 29, 2026US stock index futures pared declines slightly on Thursday as investors assessed the latest inflation reading, released a day after the US Federal Reserve kept interest rates
October 29, 2026The European Central Bank left interest rates unchanged in a well-telegraphed move on Thursday, and said inflation risks were on the rise from surging energy costs, which
October 29, 2026European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the
October 28, 2026Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she
October 29, 2026A look at the day ahead in European and global markets from Wayne Cole.
October 29, 2026US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact
October 29, 2026A voting member on the Bank of Korea's board warned that the recent pace of the won's moves warranted close monitoring, signalling caution over the currency even as the
October 29, 2026The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors
October 29, 2026The Hong Kong Monetary Authority left its base interest rate unchanged on Thursday at 4.25%, following the US Federal Reserve's decision to hold rates steady.
October 29, 2026New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".
October 28, 2026Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.
October 28, 2026Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as
October 28, 2026The US dollar fell against major currencies on Wednesday after the Fed delivered a rate decision in line with expectations, while the New Zealand dollar
October 27, 2026Federal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the boom in AI investment, adding
October 28, 2026The Federal Reserve held interest rates steady on Wednesday, awaiting further data on the path of inflation, and said it would reduce its policy-meeting schedule starting
October 28, 2026The US Federal Trade Commission is demanding information from Walmart, Uber and seven other companies on whether and how they use individuals' personal data such as
October 28, 2026The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after
October 28, 2026The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves
October 27, 2026Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike
October 28, 2026UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising
October 27, 2026U_K_ Treasury chief John Healey has used his first budget statement to offer households and businesses support with their energy bills this winter in the face of what he termed “global economic storms.”
October 28, 2026The Bank of Canada on Wednesday hiked its key policy rate for the first time in more than three years and said further increases
October 28, 2026What to expect from the Fed today
October 28, 2026Retail giant Walmart on Wednesday unveiled its holiday meal basket price at $3.50 per person, the lowest since the retailer launched the program in 2022 at a time US shoppers are
October 28, 2026Iranian families are cutting back on food, housing and education as the eight-month-old war with the United States fuels one of the country's worst inflation
October 28, 2026Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping
October 28, 2026A recent national survey reveals a US electorate that is unsettled, gloomy and likely looking for political change.
October 28, 2026The Bank of Canada is widely expected to increase its benchmark interest rate by 25 basis points to 2.5% on Wednesday, in a move seen by most economists
October 28, 2026The Federal Reserve is expected to hold interest rates steady on Wednesday, less than a week ahead of critical US midterm elections centered on the cost of living, as
October 28, 2026German consumer sentiment is set to slip marginally heading into November, a survey showed on Wednesday, amid growing inflation and subdued income prospects.
October 28, 2026Investors have long treated the US dollar as a refuge when markets fall, but foreign money chasing returns from the AI boom could weaken that safe-haven role if
October 28, 2026A look at the day ahead in European and global markets from Rae Wee The shocker in Asia's trading day came from the Reserve Bank of New Zealand, which unexpectedly left rates on hold, sending the kiwi
October 28, 2026The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of
October 27, 2026The dollar edged higher against major currencies including the euro, yen and sterling on Tuesday amid market positioning ahead of a
October 27, 2026High inflation will persist in the global economy well into next year, according to hundreds of economists polled by Reuters, who are now increasingly concerned that
October 27, 2026US consumer confidence improved in October amid an easing in gasoline prices, though frustration with the rising cost of living persisted, a survey showed on Tuesday.
October 27, 2026US single-family house prices increased further in August, despite rising mortgage rates weighing on demand for housing.
October 27, 2026Wall Street considers it settled that the Federal Reserve will hold
October 27, 2026American consumers say the rising cost of living is a top concern — one that's changed how they shop.
October 27, 2026Japan's core consumer price index, which strips out one-off factors, rose in September at the fastest annual pace in three years, data
October 26, 2026Federal Reserve policymakers are likely to keep their key interest rate unchanged Wednesday when they finish what may seem like an uneventful meeting
October 27, 2026Britain's main retail trade body warned on Tuesday that shops are now increasingly unable to absorb the impact of rising costs, after its data showed prices increased at the
October 26, 2026The Bank of Japan will likely consider raising interest rates at each upcoming meeting, according to a new book by former bank chief Haruhiko Kuroda, who
October 27, 2026US President Donald Trump's public approval rating inched higher to 32%, up a percentage point from last week's record low, ahead of the November 3
October 26, 2026Stocks mostly rose on Monday, lifted by renewed optimism around AI as Anthropic filed for a US IPO and as investors awaited more 'Big Tech'
October 26, 2026Global shares advanced on Monday, with investors focused on central bank meetings and a week of corporate earnings that will
October 25, 2026The euro fell against the dollar on Monday ahead of a busy week of central bank meetings and with crude oil prices remaining elevated, while the Brazilian
October 26, 2026The markets are starting to act seriously weird. Blame AI
October 26, 2026British retailers this month reported the smallest fall in sales in a year and a half, a survey from the Confederation of British Industry showed on Monday, bucking the
October 26, 2026Federal Reserve policymakers have telegraphed they will not raise US short-term borrowing costs again this week, but with inflation concerns still front and center,
October 26, 2026Euro zone firms are having a harder time getting credit from their banks just as their finances are squeezed by more expensive fuel and higher costs, a European Central
October 26, 2026One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs
October 26, 2026A mix of volatile bond markets, sticky inflation and shifting foreign exchange dynamics is creating a risk to Asia-focused banks
October 26, 2026Japan's top automobile industry union group is looking to move beyond wage demands aimed merely at keeping pace with inflation in next
October 26, 2026Brazil's economy has beaten expectations in recent years, but mounting debt and entrenched structural problems could complicate leftist
October 25, 2026Brazilians headed to the ballot box on Sunday, in a runoff vote that pits right-wing Senator Flavio Bolsonaro, the eldest son of former President Jair
October 25, 2026A stagnant housing market hampered by surging mortgage rates, years of soaring home prices and an economy undercut by rising inflation has many sellers stuck in limbo as homes go months without an offer
October 25, 2026Stocks fell on Wall Street as the market came under increasing pressure from rising oil prices
October 23, 2026Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest
October 23, 2026Consumers across party lines are fed up with high gas prices
October 23, 2026US business activity slowed modestly in October, though robust demand allowed companies to raise prices for goods and services, a sign that inflation
October 23, 2026Canadian retail sales rose 1.2% in August from July to C$74.57 billion ($53.2 billion), slightly less than expected, and were led by higher sales at
October 23, 2026Airfares are way up compared to last year. Don’t expect it to change this holiday season
October 23, 2026British businesses are having their strongest month for activity since February as new orders grow and AI-related demand picks up, according to a survey published on Friday.
October 23, 2026Growth across the euro zone's private sector slowed to its weakest pace in four months in October, hurt by an energy-driven rise in costs and a renewed
October 23, 2026Gustavo Raul Perez furrows his brow over a notebook at the hardware shop he has run for six
October 23, 2026Germany's private sector growth softened in October as inflows of new work rose only modestly, a preliminary business survey showed on Friday.
October 23, 2026(Corrects to fix typographical error in paragraph 5) A look at the day ahead in European and global markets from Wayne Cole.
October 23, 2026The European Central Bank meets on Thursday against a backdrop of upheaval in France and an Iran war that is keeping energy prices
October 23, 2026The yen was on track for its strongest daily gain in almost a month on Thursday, as investors sought safety amid fragile equity markets, elevated crude
October 22, 2026The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, suggesting a modest pickup
October 22, 2026Procter & Gamble on Thursday warned that rising raw material, energy and freight costs would take a bigger bite out of annual profit, even
October 22, 2026The pound edged up on Thursday, as outflows from euro zone assets saw UK stocks, bonds and the currency outperform other markets in the region.
October 22, 2026A neatly packed cardboard box of pasta, dry beans, canned goods and powdered milk made Tonya King cry.
October 22, 2026The Bank of Korea kept its benchmark interest rate unchanged on Thursday but maintained a hawkish stance by upgrading its economic growth
October 22, 2026Major Japanese banks are seeing increased demand for funds among corporate borrowers compared with three months ago, a central bank survey showed on Thursday,
October 21, 2026The shock of oil prices at a five-month high of $110 a barrel and gas prices in Asia and Europe hitting their highest levels since
October 21, 2026Buoyant AI sentiment on the back of quarterly results from SpaceX and Super Micro Computer lifted Wall Street on Wednesday, as relatively calm
October 21, 2026U.S. stocks climbed following strong profit reports from SpaceX, Capital One Financial and other big companies
October 21, 2026The US dollar index dipped on Wednesday as traders weighed renewed oil-driven inflation risks and waited for next week's Federal Reserve meeting, while
October 21, 2026Members of India's rate-setting panel indicated that further rate hikes may be needed to curb inflation but stopped short of endorsing an aggressive tightening cycle over
October 21, 2026The Bank of Israel left short-term interest rates unchanged at 3.25% on Wednesday, opting to hold ahead of the country's election next week and amid
October 21, 2026Trump’s approval rating hits a new low as midterms enter final stretch: CNN poll
October 21, 2026President Donald Trump is trying to convince voters before the Nov. 3 midterm elections that the U.S. economy is rocketing upward
October 21, 2026Inflation in the U.K. has risen to its highest rate in almost a year as the Iran war continues to drive up fuel prices
October 21, 2026European shares rose on Wednesday, recouping nearly all of their losses since the weekend turmoil in France as strong earnings encouraged investors to
October 21, 2026Japan's underlying inflation is quite close to the central bank's 2% target and financial conditions remain loose, Deputy Bank of Japan Governor Ryozo Himino
October 21, 2026Japan’s trade deficit has reached 2.81 trillion yen, or $17.8 billion, for the first fiscal half, according to government data, as the war in Iran sent oil import prices soaring
October 21, 2026When Vice President JD Vance speaks on the campaign trail about the high costs Americans are facing, he often says he understands that people are hurting
October 21, 2026Japan's economy is seeing price rises driven by higher import costs and on the cusp of shifting to a period of sustained inflation driven by rising wages,
October 20, 2026The Bank of Japan will raise interest rates in December to 1.50%, following June and September increases, according to a majority of economists in a
October 20, 2026Gold edged lower on Tuesday as investors weighed the likelihood of additional US interest rate hikes this year ahead of next week's Federal Reserve policy
October 20, 2026Britain's FTSE 100 ended lower on Tuesday as banks and commodity-linked stocks weighed, while signs of resilience in the labour market kept expectations alive for a Bank of England
October 20, 2026Israel's central bank is expected to hold the line on short-term interest rates on Wednesday after three successive reductions, as policymakers will
October 20, 2026The Federal Reserve will skip raising interest rates this month and deliver a hike in December, according to nearly all economists polled by Reuters, as
October 20, 2026The Bank of Japan may raise its inflation outlook for the next fiscal year in forecasts due this month, as rising oil prices exert longer-
October 20, 2026British workers have seen another modest rise in the pace of pay growth and there were other hints of a small recovery in the jobs
October 20, 2026A look at the day ahead in European and global markets from Rocky Swift A rocky start for a South Korean startup cast a shadow over highly anticipated announcements by AI hyperscalers this week.
October 20, 2026President Donald Trump is hoping $5,000 checks can boost Republican turnout in the midterm elections
October 20, 2026The Nasdaq rose more than 1% on Monday as tech shares rebounded ahead of a big week for AI-related earnings, while
October 18, 2026The artificial intelligence boom, increasingly acknowledged at the Federal Reserve as helping drive inflation, has left central bankers faced with
October 19, 2026Last week's meetings of the International Monetary Fund and World Bank yielded no new answers for the developing world to the questions
October 18, 2026A selloff in bonds is making borrowing more expensive in the euro zone, curbing economic growth and ultimately inflation, European Central Bank
October 17, 2026High fuel prices are making it more expensive to drive, fly and buy some goods more than seven months into the U.S.-Iran war
October 17, 2026Wall Street tumbled on Friday, with CoreWeave, Broadcom and other AI-related technology
October 16, 2026By Michael S.
October 16, 2026CoreWeave's shares and bond were set for steep weekly losses on Friday, underscoring investor worries over the cloud-computing company's $50
October 16, 2026The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in
October 16, 2026US factory production increased in September, but lost considerable momentum in the third quarter amid headwinds from the Middle East conflict, which has snarled supply
October 16, 2026Hello Morning Bid readers! Are we reaching an inflection point?
October 16, 2026Economic activity in Brazil rose by a seasonally adjusted 0.3% in August from the previous month, a central bank index showed on Friday, matching the median forecast in a
October 16, 2026Bank of Japan Governor Kazuo Ueda said on Friday the central bank will focus on anchoring underlying inflation around its 2% target and won't tolerate any
October 16, 2026The European Central Bank is likely to raise interest rates by 25 basis points at least one more time this year to fight high inflation, the International Monetary Fund
October 16, 2026European economies must grow faster or borrow less to keep debt on a sustainable path, the International Monetary Fund said on Friday, warning that
October 16, 2026The Bank of Japan raised interest rates to a 31-year high in September and signalled that further tightening could follow as it shifts its focus to preventing inflation from
October 16, 2026U.S. Federal Reserve Chairman Kevin Warsh says he won't prejudge what the U.S. central bank will do about interest rates at its upcoming meetings
October 16, 2026By Michael S.
October 15, 2026India's central bank will further tighten monetary conditions to counter capital outflows and raise the cost of betting against the rupee,
October 16, 2026The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence
October 16, 2026The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,
October 15, 2026The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a
October 16, 2026Federal Reserve Bank of Chicago President Austan Goolsbee said on Thursday that data this week showing stronger-than-expected consumer and producer price inflation has been "
October 15, 2026High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now
October 15, 2026Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays
October 15, 2026High mortgage rates are deepening a ‘K-shaped’ housing market
October 15, 2026Global brokerages expect the US Federal Reserve to keep interest rates unchanged on Wednesday, with BofA Global Research one of the only outliers among Wall Street majors.
October 15, 2026US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major
October 15, 2026Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms
October 15, 2026US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'
October 15, 2026The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed
October 15, 2026Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.
October 15, 2026(Corrected the capitalization in the company name CoreWeave.)
October 15, 2026The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank
October 15, 2026China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup
October 15, 2026UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-
October 15, 2026Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's
October 15, 2026A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief
October 15, 2026The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a
October 15, 2026Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had
October 15, 2026The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve
October 15, 2026The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest
October 14, 2026US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and
October 15, 2026The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries
October 14, 2026UK stocks ended higher on Wednesday, supported by a rise in healthcare and consumer staples sectors, which gained on a weaker sterling after data showed US inflation came in hotter
October 14, 2026U.S. inflation accelerated last month as gas, clothes, and air fares got more expensive, evidence that rising prices remain an economic challenge just a few weeks before the midterm elections
October 14, 2026Spain's inflation rose in September at its fastest pace since February 2023, mostly due to an increase in the price of fuel and air travel, the National Statistics Institute (INE)
October 14, 2026A look at the day ahead in European and global markets from Rocky Swift With US Federal Reserve officials singing a less hawkish tune overnight, Singapore kept the dovish trend rolling with a surprise
October 14, 2026The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower
October 14, 2026Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to
October 03, 2023By Michael S.
October 14, 2026By Michael S.
October 14, 2026Wall Street's investment banking and trading stalwarts posted uneven third quarter earnings as both equity and bond markets were rocked by the ongoing Iran war, rising inflation and
October 13, 2026The increased use of AI by euro zone companies could curb workers' ability to demand higher wages while heavy investment into the new technology may be materially
October 14, 2026World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate
October 13, 2026Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI
October 13, 2026Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden
October 13, 2026Federal Reserve Bank of Chicago President Austan Goolsbee said on Tuesday that inflation is starting to feel like "aggregate overheating" fueled by spillovers from the artificial
October 13, 2026The dollar slipped from an 18-month high on Tuesday as oil prices retreated and investors reassessed the AI-fueled rally that has supported demand for US
October 13, 2026US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels
October 13, 2026Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in
October 13, 2026Japan's wholesale prices rose 6.8% in the year to September, according to data released on Tuesday, slowing from the previous month but highlighting mounting
October 13, 2026Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on
October 13, 2026The global economy will still manage to top 3% real GDP growth this year as strong AI investment offsets the energy shock from the war in the Middle East,
October 13, 2026The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown
October 13, 2026The International Monetary Fund trimmed its growth forecasts for Latin America and the Caribbean for this year and next and said most of the region was getting little lift
October 13, 2026Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may
October 13, 2026Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US
October 12, 2026Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in
October 12, 2026Victor Martinez runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley and talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s midterm election
October 12, 2026Goldman Sachs on Monday upgraded its three-month view on global equities to "overweight" from "neutral", saying earnings growth remains supportive for equities and valuations have
October 12, 2026The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment
October 12, 2026