Today: November 13, 2026
Today: November 13, 2026

inflation

Business|Economy|Finance

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

Business|Economy|Europe|Finance

ECB governors see December hike likely followed by pause, sources say

European 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

Arts|Economy|Election|Finance

Strong growth and inflation paints mixed picture of economy days before midterm elections

The 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

Business|Economy|Finance

US stock index futures pare losses after economic data

US 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

Business|Economy|Europe|Finance|Stock Markets

ECB keeps rates unchanged; euro and bond yields fall

The 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

Business|Economy|Europe|Finance

ECB's Lagarde steps down, saying she can't remain neutral on world events

European Central Bank President Christine Lagarde said on Thursday she would step down early from her position in order to have the

Economy|Europe|Finance

Christine Lagarde: The outsider who led the ECB her way

Christine Lagarde's decision to step down early as European Central Bank president ends an eventful seven years at an institution she

Business|Economy|Finance|Stock Markets

In the AI alphabet, cash is king

A look at the day ahead in European and global markets from Wayne Cole.

Business|Economy|Finance|Technology

AI-related investment, consumers likely boosted US economic growth in third quarter

US economic growth likely accelerated in the third quarter as resilient consumer spending and AI-driven business investment more than offset the impact

Asia|Business|Economy|Finance|Interview|World

Bank of Korea board member says won moves faster than expected

A 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

Arts|Economy|Entertainment|Finance

Fed highlights economic strength but muddies outlook for Treasuries

The Federal Reserve kept interest rates steady on Wednesday as expected, but it was not able to comfort bond investors

Business|Economy|Finance|World

Hong Kong Monetary Authority leaves interest rates unchanged, tracking Fed move

The 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.

Business|Economy|Finance|Interview

New Zealand central bank governor says chances of December hike are 'high'

New Zealand central bank governor Anna Breman said on Thursday chances the bank will hike the official cash rate in December are "high".

Business|Economy|Finance|Stock Markets|Technology

Trading Day: Fed pauses, Big Tech reports

Wall Street rose on Wednesday after the Federal Reserve kept interest rates on hold and as investors focused on key earnings reports.

Arts|Economy|Finance|Stock Markets|Technology|US|World

Global stocks hold gains after Fed decision, oil prices rise

Global stocks and major Wall Street indexes gained on Wednesday after the Federal Reserve held interest rates steady, as

Arts

Dollar falls after Fed holds rates steady

The US dollar fell against major currencies on Wednesday after the Fed delivered a rate decision in line with expectations, while the New Zealand dollar

Business|Economy|Finance|Technology

Fed's Warsh says US economy not running too hot

Federal 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

Business|Economy|Finance|Political|Stock Markets|US

FOMC holds rates steady, markets rise modestly

The 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

Arts|Economy|Science|Technology

US FTC demands Walmart, Uber, Delta and others hand over data on personalized pricing

The 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

Economy

Fed leaves rates unchanged as it awaits 'accumulation of more information'

The Federal Reserve held interest rates steady on Wednesday, as expected, opting to delay any changes to borrowing costs until after

Business|Economy|Finance

Federal Reserve keeps rates unchanged despite elevated inflation

The Federal Reserve kept its key rate unchanged Wednesday at about 3.9% despite stubbornly high inflation, while providing little hint about its next moves

Business|Economy

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Fed keeps interest rates unchanged, but two officials dissented in favor of a rate hike

Economy|Finance

In first budget, UK's Healey tries to shelter households from economic storms

UK finance minister John Healey offered help on Wednesday to households buffeted by "global economic storms", easing the hit from rising

Business|Economy|Finance|Political

UK seeks to give households 'breathing space' this winter over Iran war energy price spike

U_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.”

Business|Economy|Finance|Political

Bank of Canada raises key interest rate, says another hike possible

The Bank of Canada on Wednesday hiked its key policy rate for the first time in more than three years and said further increases

Business|Economy|Finance

What to expect from the Fed today

What to expect from the Fed today

Arts|Business|Economy|Entertainment|Finance

Walmart cuts holiday meal basket price to $3.50 per person

Retail 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

Arts|Economy|Education|Environment|Health|Interview|MidEast

Iranians cut essentials and put dreams on hold as war-hit economy bites

Iranian 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

Business|Economy|Environment|Finance|World

World Bank sees commodity prices up 23% in 2026 due to Middle East war, other shocks

Global commodity prices are set to surge 23% in 2026, the World Bank said on Wednesday, citing rising energy prices and disruptions to cargo shipping

Business|Crime|Economy|Education|Election|Finance|Health|Science|Technology

Why over two-thirds of Americans say their country is in decline

A recent national survey reveals a US electorate that is unsettled, gloomy and likely looking for political change.

Arts|Business|Economy|Finance

Bank of Canada poised to hike key rate for first time in three years

The 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

Economy

Fed likely to go into wait-and-see mode on rates

The 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

Arts|Finance|World

German consumer sentiment slips on inflation fears, survey shows

German consumer sentiment is set to slip marginally heading into November, a survey showed on Wednesday, amid growing inflation and subdued income prospects.

Business|Finance|Stock Markets|Technology|US

AI worries expose dollar's hot-money problem

Investors 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

Business|Economy|Finance|World

RBNZ throws markets a curveball

A 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

Arts|Business|Economy

Food and household brands warn of more price hikes as Iran war costs bite

The world's top consumer goods and food companies, from Coca-Cola and Procter & Gamble to Nestle and Reckitt, have warned of

Business|Economy|Finance|World

Dollar rises as markets eye central bank meetings

The dollar edged higher against major currencies including the euro, yen and sterling on Tuesday amid market positioning ahead of a

Business|Economy|World

High inflation to persist globally into next year, Reuters poll shows

High 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

Business|Economy|Finance

US consumer confidence improves in October

US 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.

Economy|Finance

US single-family home prices rise further in August, FHFA says

US single-family house prices increased further in August, despite rising mortgage rates weighing on demand for housing.

Business|Economy|Finance

Bond investors are thinking less about the Fed and more about AI, deficits

Wall Street considers it settled that the Federal Reserve will hold

Economy|Interview

In US swing districts, high prices dominate minds but not always ballots

American consumers say the rising cost of living is a top concern — one that's changed how they shop.

Business|Economy|Finance

Japan's trend inflation index hits 3-year high, cements case for BOJ rate hike

Japan's core consumer price index, which strips out one-off factors, rose in September at the fastest annual pace in three years, data

Arts|Business|Economy|Election|Finance

5 things to watch from the Federal Reserve's next meeting

Federal Reserve policymakers are likely to keep their key interest rate unchanged Wednesday when they finish what may seem like an uneventful meeting

Arts|Business|Economy

UK retail body warns 'dam is starting to break' on price rises

Britain'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

Economy|Finance|Political

Ex-BOJ chief Kuroda backs more rate hikes, his former deputy urges caution

The 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

Economy|Election|Finance|Political|US

Trump approval rises from record low to 32% ahead of midterm election, Reuters Ipsos poll finds

US 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

Business|Economy|Finance|Stock Markets|Technology|US

Trading Day: AI light, Brazil flight

Stocks mostly rose on Monday, lifted by renewed optimism around AI as Anthropic filed for a US IPO and as investors awaited more 'Big Tech'

Business|Economy|Finance|Stock Markets

World stocks gain ahead of 'formidable' week for risk; oil prices fall

Global shares advanced on Monday, with investors focused on central bank meetings and a week of corporate earnings that will

Arts|Asia|Business|Economy|Europe|Finance|Science|Technology|World

Euro slips ahead of central bank meetings, real tumbles

The 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

Business|Economy|Finance|Technology

The markets are starting to act seriously weird. Blame AI

The markets are starting to act seriously weird. Blame AI

Business|Economy

Strong CBI retail sales buck downbeat UK consumer trend

British 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

Economy|Finance

Fed to hit pause on rate hikes, but maybe not for long

Federal Reserve policymakers have telegraphed they will not raise US short-term borrowing costs again this week, but with inflation concerns still front and center,

Business|Economy|Europe|Finance

Euro zone firms find it harder to get credit, ECB survey shows

Euro 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

Economy|Political

Trump failed to stop inflation. Now Republicans may pay the price in the midterm elections

One week before midterm elections, President Donald Trump is struggling to deliver on his promise to bring down costs

Asia|Business|Economy|Finance|Stock Markets

Asia-focused banks face capital squeeze due to inflation, bond turbulence

A mix of volatile bond markets, sticky inflation and shifting foreign exchange dynamics is creating a risk to Asia-focused banks

Asia|Business|Economy|Interview

Japan auto union group looks beyond inflation-linked pay hikes for 2027 talks

Japan's top automobile industry union group is looking to move beyond wage demands aimed merely at keeping pace with inflation in next

Economy|Finance

Five economic challenges facing Brazil's re-elected President Lula

Brazil's economy has beaten expectations in recent years, but mounting debt and entrenched structural problems could complicate leftist

Crime|Economy|Election|Health

What are Brazilian voters' main concerns?

Brazilians 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

Business|Economy

Home sellers are lowering their price and helping buyers to make a deal in a stagnant market

A 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

Business|Economy|Finance|Science|Stock Markets|Technology

Wall Street loses ground under pressure from rising oil prices

Stocks fell on Wall Street as the market came under increasing pressure from rising oil prices

Business|Economy|Finance|Technology

Stocks fall, but tech shares steady after selloff; oil hits highest in nearly six months

Major stock indexes ended lower on Friday even as tech shares mostly steadied, while Brent crude oil rose to its highest

Economy|Finance

Consumers across party lines are fed up with high gas prices

Consumers across party lines are fed up with high gas prices

Business|Economy|Finance|Stock Markets|US

US business activity cools in October; strong demand fueling price pressures

US business activity slowed modestly in October, though robust demand allowed companies to raise prices for goods and services, a sign that inflation

Arts|Business|Economy|Finance|World

Canada August retail sales rise 1.2%

Canadian 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

Business|Economy|Travel

Airfares are way up compared to last year. Don’t expect it to change this holiday season

Airfares are way up compared to last year. Don’t expect it to change this holiday season

Business|Economy|Finance

UK businesses report strongest month since February, PMI shows

British 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.

Business|Economy|Europe|Finance

Euro zone growth slows to 4-month low amid rising costs and French strife, survey shows

Growth 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

Arts|Asia|Business|Economy|Europe|Finance|World

From Buenos Aires to Colombo, discontent simmers under the surface of rebounding economies

Gustavo Raul Perez furrows his brow over a notebook at the hardware shop he has run for six

Business|Economy|Europe

German business activity growth softens in October, PMI shows

Germany's private sector growth softened in October as inflows of new work rose only modestly, a preliminary business survey showed on Friday.

Economy|Finance|Stock Markets|US

Wake up! The long bond's up two points!

(Corrects to fix typographical error in paragraph 5) A look at the day ahead in European and global markets from Wayne Cole.

Arts|Europe|Finance|World

Ready for a French test?: Five questions for the ECB

The European Central Bank meets on Thursday against a backdrop of upheaval in France and an Iran war that is keeping energy prices

Finance

Yen jumps as oil, AI and France worries rattle markets

The 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

Business|Economy

US weekly jobless claims near 57-year lows, underscore labor market stability

The number of Americans filing new claims for unemployment benefits dropped to near 57-year lows last week amid low layoffs, suggesting a modest pickup

Business|Economy|Finance|Stock Markets

P&G warns of bigger cost hit from oil prices, even as consumer demand holds up

Procter & Gamble on Thursday warned that rising raw material, energy and freight costs would take a bigger bite out of annual profit, even

Economy|Europe|Finance|Stock Markets

Pound edges higher, outperforming as investor nerves rattle euro zone markets 

The pound edged up on Thursday, as outflows from euro zone assets saw UK stocks, bonds and the currency outperform other markets in the region.

Economy|Environment|Food|Health|Political|US

High gas prices strain Detroit's hungry and food banks ahead of midterm elections

A neatly packed cardboard box of pasta, dry beans, canned goods and powdered milk made Tonya King cry.

Business|Economy|Finance

Bank of Korea holds rates, upbeat outlook points to future hikes

The Bank of Korea kept its benchmark interest rate unchanged on Thursday but maintained a hawkish stance by upgrading its economic growth

Business|Economy|Finance|World

Strength in Japanese loan demand expected to leave scope for more BOJ hikes

Major Japanese banks are seeing increased demand for funds among corporate borrowers compared with three months ago, a central bank survey showed on Thursday,

Arts|Economy|Environment

From groceries to home loans, high oil prices permeate daily life 

The 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

Business|Economy|Finance|Science|Technology

Trading Day: Tech it away

Buoyant AI sentiment on the back of quarterly results from SpaceX and Super Micro Computer lifted Wall Street on Wednesday, as relatively calm

Business|Economy|Finance|Stock Markets|Technology

A strong profit report from SpaceX helps lift tech stocks and Wall Street

U.S. stocks climbed following strong profit reports from SpaceX, Capital One Financial and other big companies

Arts|Economy

Dollar dips as traders wait on Fed; Aussie gains

The US dollar index dipped on Wednesday as traders weighed renewed oil-driven inflation risks and waited for next week's Federal Reserve meeting, while

Business|Economy|Finance

India rate panel flags more hikes but wary of aggressive cycle, minutes show

Members 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

Business|Economy|Finance

Bank of Israel holds interest rates steady a week before election

The 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

Arts|Economy|Election

Trump’s approval rating hits a new low as midterms enter final stretch: CNN poll

Trump’s approval rating hits a new low as midterms enter final stretch: CNN poll

Arts

FACT FOCUS: When it comes to Trump's economy, these are the numbers that matter before Nov. 3

President Donald Trump is trying to convince voters before the Nov. 3 midterm elections that the U.S. economy is rocketing upward

Business|Economy|Finance

UK inflation rises to highest in almost a year as Iran war drives fuel prices higher

Inflation in the U.K. has risen to its highest rate in almost a year as the Iran war continues to drive up fuel prices

Business|Economy|Europe|Finance|Stock Markets

Strong earnings help European shares erase nearly all losses from French unrest

European shares rose on Wednesday, recouping nearly all of their losses since the weekend turmoil in France as strong earnings encouraged investors to

Business|Economy|Finance|World

Bank of Japan's Himino signals readiness to raise borrowing costs

Japan'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

Business|Economy|Finance|World

Japan records a trade deficit as oil imports soar because of conflict in the Middle East

Japan’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

Economy|Political

A 'golden age' vs. 'we're working on it': Trump and Vance give different pitches on the economy

When 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

Asia|Business|Economy|Finance|World

Japan shifting to wage-driven inflation phase, finance minister says

Japan'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,

Economy

BOJ to raise rates to 1.50% in December, sticking to quarterly pace: Reuters poll

The 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

Business|Economy|Finance|Stock Markets|US

Gold edges lower as investors weigh Fed rate signals

Gold 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

Business|Economy|Finance|Stock Markets

UK stocks slip as banks and commodity-linked stocks weigh

Britain'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

Americas|Arts|Business|Economy|Europe|Finance|MidEast

Bank of Israel to pause rate cuts ahead of October 27 election: Reuters poll

Israel's central bank is expected to hold the line on short-term interest rates on Wednesday after three successive reductions, as policymakers will

Business|Economy|Finance

Fed to skip October but raise rates again in December, nearly all economists say: Reuters poll

The Federal Reserve will skip raising interest rates this month and deliver a hike in December, according to nearly all economists polled by Reuters, as

Economy|Finance|World

Bank of Japan may raise inflation forecast, stand pat on rates, sources say

The Bank of Japan may raise its inflation outlook for the next fiscal year in forecasts due this month, as rising oil prices exert longer-

Business|Economy|Finance

UK jobs market shows some recovery signs as BoE mulls rate hike

British workers have seen another modest rise in the pace of pay growth and there were other hints of a small recovery in the jobs

Business|Economy|Finance|Technology

Korean canary in the AI coalmine

A 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.

Business|Election|Finance

Gimmick or giveback? Even some Trump supporters don't expect to get $5,000 checks after midterms

President Donald Trump is hoping $5,000 checks can boost Republican turnout in the midterm elections

Business|Economy|Finance|Science|Technology

US stocks rebound with AI earnings test ahead, euro falls on France unrest

The Nasdaq rose more than 1% on Monday as tech shares rebounded ahead of a big week for AI-related earnings, while

Arts|Economy|Entertainment|Science|Technology

Fed sees AI boom adding to inflation headache, but others may pay for the medicine

The artificial intelligence boom, increasingly acknowledged at the Federal Reserve as helping drive inflation, has left central bankers faced with

Economy|Finance|World

IMF/World Bank meetings leave developing countries with more questions than answers

Last week's meetings of the International Monetary Fund and World Bank yielded no new answers for the developing world to the questions

Uncategorized

ECB's Lagarde says bond selloff will slow inflation

A selloff in bonds is making borrowing more expensive in the euro zone, curbing economic growth and ultimately inflation, European Central Bank

Business|Economy|Finance

Retail price impacts from the Iran war are uneven but add up for US households before midterms

High fuel prices are making it more expensive to drive, fly and buy some goods more than seven months into the U.S.-Iran war

Business|Economy|Finance|Stock Markets|Technology

Wall Street tumbles as worries about AI trade and high oil prices weigh

Wall Street tumbled on Friday, with CoreWeave, Broadcom and other AI-related technology

Business|Economy

NY Fed service sector survey finds notable price pressures

By Michael S.

Business|Economy|Finance|Stock Markets|Technology

CoreWeave stock, bond set for weekly plunge as rate-hike fears hit AI bet

CoreWeave's shares and bond were set for steep weekly losses on Friday, underscoring investor worries over the cloud-computing company's $50

Economy|Finance|Science|Technology|World

Central bankers eye higher rates as AI boom fuels scramble for cash

The artificial intelligence boom is setting off a global race for money, forcing central bankers to contemplate a future in

Arts|Business|Economy|Finance|MidEast|Technology|US|World

US manufacturing output rises in September

US factory production increased in September, but lost considerable momentum in the third quarter amid headwinds from the Middle East conflict, which has snarled supply

Arts|Finance|Technology|World

Tipping Point

Hello Morning Bid readers! Are we reaching an inflection point?

Business|Economy|Finance

Brazil economic activity up 0.3% in August, matching forecasts

Economic 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

Arts|Economy|Finance|MidEast|Science|Technology|World

BOJ chief vows to keep raising rates, anchor inflation around target

Bank 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

Economy|Europe|Finance|Political|World

IMF expects at least one more 25 bps ECB rate hike in 2026

The 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

Economy|Europe

Europe must boost growth or borrow less to keep debt sustainable, IMF says

European economies must grow faster or borrow less to keep debt on a sustainable path, the International Monetary Fund said on Friday, warning that

Business|Economy|Finance

Brokerages expect next BOJ rate hike in Dec, further tightening in 2027

The 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

Arts|Economy|Finance|Science|Technology

Fed chair Warsh says price stability is key but shies away from signals about rates

U.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

Business|Economy|Finance

Fed's Hammack warns inflation expectations deterioration could require Fed response

By Michael S.

Business|Economy|Finance

India widens rupee defence to rates, but cautiously

India's central bank will further tighten monetary conditions to counter capital outflows and raise the cost of betting against the rupee,

Asia|Business|Economy|Finance|Science|Stock Markets|Technology

Global tech rout loses steam

The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence

Economy|Science|Technology

S&P 500 ends higher as traders shift from AI to healthcare

The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,

Arts|Economy|Environment|Europe|Finance

Diesel's surge is starting to push other prices around. Here's how

The 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

Business|Economy

Fed's Goolsbee on inflation: discouraging, but still some optimism

Federal 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 "

Arts|Business|Economy|Finance|World

US consumers are muscling through higher prices, but for how long?

High 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

Business|Economy|Finance

US retail trade group forecasts healthy holiday sales, in part due to inflation

Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays

Business|Economy|Finance

High mortgage rates are deepening a ‘K-shaped’ housing market

High mortgage rates are deepening a ‘K-shaped’ housing market

Arts|Business|Economy

Major brokerages expect Fed to hold rates ahead of policy meeting

Global 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.

Arts|Business|Economy|Entertainment|Fashion and Beauty|Finance|Lifestyle|Sports|Technology

US holiday sales growth to speed up as shoppers stay resilient, NRF forecasts

US 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

Business|Economy|Finance

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms

Business|Economy

US retail sales beat expectations in September on higher gasoline prices

US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'

Business|Economy|Finance

BoE to raise rates to 4% in November, but economists narrowly expect hold from there

The 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

Economy

US toy prices surge ahead of holiday shopping season as tariffs, Iran war bite

Cash-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.

Economy|Finance|Stock Markets

CoreWeave unravels

(Corrected the capitalization in the company name CoreWeave.)

Business|Economy|Finance|Stock Markets|US

US 10-year Treasury yield levels not unprecedented, BNY CEO says

The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank

Asia|Business|Economy|Finance

China Q3 growth set to pick up on stimulus, keeping 2026 goal within reach: Reuters poll

China'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

Business|Economy|Finance

UBS extends Fed tightening cycle forecast with March rate hike after inflation surprise

UBS 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-

Africa|Economy|Finance|World

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

Sub-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

Business|Finance

BoE's Pill says a rate hike need not be start of long series

A 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

Business|Economy|Finance

BOJ policymaker warns against being overly cautious on rate hikes

The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a

Arts

Australia employment unexpectedly slides in September, jobless at 4.7%

Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had

Business|Economy|Finance|Interview

Fed's Daly says rate hikes likely needed, but not urgently

The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve

Business|Economy|Finance|World

Dollar hits 18-month high, then cools as investors await patient Fed

The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest

Economy|Science|Technology

Trading Day: Tech melt

US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and

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IMF chief urges US and wealthy nations to rein in debt to ease global economic pressure

The 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

Business|Economy|Finance

UK stocks close higher as weaker sterling boosts export-heavy sectors

UK 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

Business|Economy|Finance

Inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections near

U.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

Economy|Europe|Finance

Spain's inflation rises at fastest pace in more than three years

Spain'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)

Business|Economy|Finance|Stock Markets|US

Let the doves sing

A 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

Economy|Finance

IMF dials up calls for urgent fiscal consolidation

The International Monetary Fund on Wednesday issued an urgent call for advanced economies and others to reduce government spending, cut deficits and lower

Business|Economy

How Singapore's unique monetary policy works

Singapore's central bank kept its monetary settings unchanged on Wednesday, surprising analysts who expected a tightening, with the economy projected to

Economy|Interview

Fed's Williams sees no need for rate hike in 2027, Bloomberg News reports

By Michael S.

Arts

Fed's Collins sees another rate hike on the table before end of 2026

By Michael S.

Arts|Business

Wall Street banks see deals slow on market jitters but pipeline is strong

Wall 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

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AI limiting European workers' bargaining power, ECB's Lane says

The 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

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World stocks dip on AI spending concerns; Brent settles lower

World stocks edged lower on Tuesday as concerns about AI spending weighed on chipmakers and investors looked ahead to more US corporate

Business|Economy|Finance|Stock Markets

Big banks post strong Q3 profits, but warn higher rates and inflation could bite

Wall Street’s biggest banks have reported another strong quarter as U.S. consumers continue to pay bills and businesses invest in AI

Business|Economy|Political

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Fact check: Breaking down Trump’s rosy comparison to gas prices under Biden

Arts|Business|Economy|Finance|Interview|Technology

Goolsbee says AI-induced inflation is 'jumping out of its lane,' Semafor reports

Federal 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

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Dollar retreats from 18-month high as oil prices fall, inflation data in focus

The 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

Business|Economy|Finance|Stock Markets

Higher yields revive the case for a new-look 60/40 portfolio

US investors are favourably reassessing the traditional 60% stock, 40% bond portfolio strategy as a selloff in government debt lifts yields to levels

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Domino's forecasts muted annual same-store sales as competition, cautious consumers weigh on demand

Domino'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

Arts|Economy

Japan's wholesale inflation remains elevated, keeps alive BOJ rate-hike view

Japan'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

Business|Economy|Finance

Britain needs to keep deficit reduction on track, IMF says

Britain needs to ensure it sticks to its deficit reduction plans as government borrowing soars elsewhere, the International Monetary Fund warned on

Business|Economy|Finance|Technology

AI investment props up global growth, but war and debt threaten outlook, IMF says

The 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,

Business|Economy|Finance|World

IMF expects gradual BOJ rate hike towards neutral setting

The International Monetary Fund said on Tuesday the Bank of Japan will likely raise interest rates gradually "toward a neutral setting" despite an expected slowdown

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IMF cuts Latin America, Caribbean growth forecasts on energy shock, little AI boost

The 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

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Fed's Hammack: Hope to cool demand, and inflation, without job market pain

Cleveland Federal Reserve President Beth Hammack said on Monday she hopes the Fed can lower inflation without damaging the job market, but that may

Asia|Business|Economy|Europe|Finance|Stock Markets

Oil rallies, sending dollar higher on expectations of higher US rates

Oil prices climbed on Monday as attacks on Saudi Arabia overshadowed hopes for supply improvements, and expectations for higher US

Business|Economy

Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'

Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in

Economy|Election|Interview

High prices are testing Latino voter loyalties in a key battleground district

Victor 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

Business|Economy|Finance|Stock Markets|US

Goldman upgrades global equities on earnings optimism

Goldman 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

Business|Economy|Finance|Technology

In the US, a wealth boom and a price shock collide

The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment