Today: October 09, 2026
Today: October 09, 2026

economy

Economy

Senate rejects resolution to halt the Iran war as gas prices upend midterms

Despite increasing political anxiety over Iran war, senators narrowly rejected a war powers resolution

Business|Economy|Finance|Stock Markets|US

US current account deficit widens sharply in second quarter

The US current account deficit widened sharply in the second quarter amid a surge in imports of goods, government data showed on Thursday.

Arts|Economy|Europe

Canada July retail sales fall 0.7%; seen up 1.3% in August

Canadian monthly retail sales fell by 0.7% in July, marginally better than an average of analysts' expectations, primarily led by declines at general

Business|Economy|Finance|Stock Markets|US|World

Dollar ascends to fresh 2-month high on inflation worry, Fed hike expectations

The dollar hit a fresh two-month high on Thursday as Treasury yields rose and expectations of further Federal Reserve interest rate hikes

Business|Economy|Finance

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Mortgage rates top 7%, dealing a further blow to the frozen housing market

Arts|Business|Economy|Education|Finance|Science|Technology|World

Fed again hoping for a pain-free landing from current inflation spike

US Federal Reserve officials, who have begun hiking interest rates to tame high inflation, believe they can do so

Business|Economy|Finance|World

BOJ could raise rates every quarter, ex-policymaker says

The Bank of Japan is expected to raise interest rates roughly once every three months and push them up to 2% by around June next year to

Australia|Business|Economy

Australia housing runs out of rescuers as RBA is set to hike rates

For decades, whenever house prices in Australia fell, the central bank rode to the rescue with rate cuts to shore up economic demand and keep households

Business|Finance|World

Trading Day: US yields cross 5% threshold​

US bond yields soared on Wednesday, in many cases to the highest since 2007, and expectations of an interest rate hike next month surged, after

Business|Finance|Technology|World

Microsoft plans $10 billion-plus Gulf investment with focus on resilience

Microsoft is planning to invest more than $10 billion across the United Arab Emirates, Saudi Arabia, Qatar and Kuwait between now and 2030, including in

Uncategorized

Brazil central banker says predictable rate moves best response to uncertainty

Brazil's central bank monetary policy director Nilton David said on Wednesday that the best response to the current uncertainty was to pursue smooth and predictable

Economy|Election|Finance

Morocco reports lower turnout in parliamentary elections

Morocco's interior ministry reported a lower turnout of 38.02% in the country's parliamentary election on Wednesday, down from 50% in the last vote in

Arts|Business|Election|Interview

Republicans may have gerrymandered their way into a Texas-sized Latino problem

South Texas unfurls in long stretches of highways across flat landscapes

Business|Economy|Finance

China central bank to inject more liquidity as Golden Week nears

China's central bank said on Wednesday that it would inject up to 1 trillion yuan ($149 billion) per day via short-term liquidity tools around the turn of the month as

Business|Economy|Finance|Stock Markets

BofA forecasts two BoE rate hikes as energy prices stoke inflation concerns

Bank of America Global Research became the latest brokerage to expect the Bank of England to raise interest rates twice over the next six months, as higher energy prices raise the

Economy|Election

Takeaways: What a new AP-KFF survey reveals about rural American voters

A new survey points to economic frustration among a key group that has largely backed Donald Trump and other Republicans in recent elections

Political|World

Pakistan tightens security ahead of march planned by Imran Khan's party

Pakistan curbed access on Wednesday to its capital, Islamabad, ahead of a march planned by supporters of jailed former Prime Minister Imran Khan,

Business|Economy|Finance|World

Sri Lanka economy resilient but risks remain tilted to downside, IMF says

The International Monetary Fund said on Wednesday that Sri Lanka's economy continues to show resilience amid successive shocks but is still facing risks tilted to the downside, as

Africa|Asia|Australia|Business|Economy|Europe|Finance|Stock Markets|US|World

A$ gets a bit part as AI steals the show

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

Business|Economy|Finance|Science|Technology

Fed's Barkin says economy may be firming, inflation not limited to energy, tariff shocks

US economic conditions "are, if anything, firming," with continued consumer spending and strength beyond the boom in artificial intelligence keeping

Economy|Finance

New Zealand central bank chief sees risks to economy, inflation

New Zealand's top central banker said on Tuesday if recent gains in oil prices persist it would lead to "somewhat" higher inflation than previously forecast, adding that

Business|Economy|Finance

Qatar's wealth fund and JP Morgan Asset Management to launch $20 billion partnership

Qatar's sovereign wealth fund QIA and JP Morgan Asset Management plan to launch a $20 billion strategic partnership across public and private markets in

Arts

Goolsbee rejects idea of Fed cutting rates to help US finance its debt

Suggestions that the Federal Reserve could lower borrowing costs to help the US government finance its current debt and deficits are the very reason

Europe

Europe's STOXX 600 rallies on tech, banks strength as oil prices retreat

A rally in heavyweight banks and technology stocks lifted European shares on Monday, while oil prices slumped for the fourth consecutive

Arts|Economy|Entertainment|Europe|Interview|MidEast|Opinion|Science|Technology

Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Business|Economy|Finance|Technology

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Arts|Business|Economy|Election|Entertainment|Finance

Rising gas prices frustrate voters. Trump says it's an 'inexpensive price to pay' for the Iran war

Voters across the nation say skyrocketing gas prices are causing financial hardships for their families

Economy|Health|World

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Trump’s sanctions, inflation and a collapsing economy leaves Iran’s sick exposed

Finance

China keeps benchmark lending rates unchanged for 16th month in September

China kept its benchmark lending rates unchanged for the 16th straight month on Sunday, in line with market expectations.

Business|Economy|Finance|Stock Markets|World

America In Focus: Affordability concerns rise as Fed hikes key rate, mortgage rate reaches nearly 7%

The Federal Reserve raised its benchmark interest rate Wednesday for the first time since 2023 in an effort to quell stubbornly high inflation, and the central bank signaled another rate hike could occur later this year

Arts|Entertainment|Europe|Food|Travel|World

Munich’s Oktoberfest roars to life as the mayor taps the first keg

Munich's Oktoberfest has kicked off with the city's mayor tapping the first beer keg, marking the start of the 191st edition of the festival

Arts

Carney says Canada is ‘strong’ as US borrowing costs rise and Europe ties deepen

Canadian Prime Minister Mark Carney has returned from Europe and cast Canada as moving quickly beyond its historic reliance on the United States

Arts|Europe|Finance

Why France's budget problems have driven its bond risk premium to 2012 highs

The premium France pays to borrow on the bond markets compared to Germany rose to more than a whole percentage point on Friday for

Asia|Business|Europe|Finance

Dollar advances vs yen as BOJ dissent clouds rate-hike outlook

The dollar jumped against the yen on Friday after two policymakers at the Bank of Japan dissented from a widely expected decision

Economy|Europe|Political

Italy's debt burden rising at alarming rate, economy minister says

The cost of servicing Italy's public debt is rising at "an alarming rate" in the wake of geopolitical tensions, Economy Minister Giancarlo Giorgetti said on

Arts

Cross-border property investment jumped 56% in first half, data shows

Cross-border investment into commercial property globally jumped 56% to $71.8 billion in the first half of this year, driven by more deals in Asia and

Arts|Economy|Entertainment

Thailand to extend its consumer subsidy programme, PM says

Thailand will extend its consumer subsidy programme using 40 billion baht ($1.20 billion) remaining from the first phase, Prime Minister Anutin Charnvirakul said on Friday

Election|Political

Russians vote in election that Putin sees as gauge of support for his war

Russians began voting on Friday in a three-day parliamentary election which President Vladimir Putin has said will show that millions of people back his

Business|Economy|Finance

BOJ struggling to keep pace with hiking partners

A look at the day ahead in European and global markets from Tom Westbrook The Bank of Japan raised interest rates, as expected, though it knocked the yen by sounding a fraction less hawkish than its

Arts

Japan's central bank raises benchmark interest rate to 1.25%

Japan’s central bank has raised the benchmark interest rate to 1.25% from 1.0%, a 31-year-high

Business|Economy|Finance

Australia's central bank chief warns inflation risks materialising

Australia's top central banker said on Friday some of the upside risks to inflation flagged by policymakers appeared to be

Arts|Business|Economy|Finance|Stock Markets|US

US stocks rally to their best day in 6 weeks after oil prices and bond yields ease

The U.S. stock market rallied to its best day in six weeks after oil prices fell and pressure from the bond market eased

Business|Economy|Finance|World

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

Economy|Europe

France plans €54 billion savings drive as protests grow

France's government plans to include a €54 billion savings drive in its 2027 budget to stop the fiscal deficit spiralling out of control,

Business|Economy|Finance

Bank of England shifts tone toward rate hikes as inflation set to top 4%

The Bank of England kept interest rates on hold on Thursday but warned they might have to go up if the Iran war drags on, while predicting

Arts

A timely hike

Stocks edged up early on Thursday as investors digested the Federal Reserve's first interest rate hike in three years.

Arts|Business|Economy|Entertainment|Finance

Struggling US home buyers, and market, face new hurdles as mortgage rates near 7%

Mortgage buyer Freddie Mac's latest snapshot of mortgage rates is due out later Thursday and expected to show that the average rate for a 30-year mortgage rose again this week, moving closer to 7%

Arts|Economy|Entertainment|Finance|Lifestyle

Fed builds credibility, but hawkish turn leaves investors edgy

Investors are gaining more confidence in the Federal Reserve's inflation-fighting backbone, but uncertainty

Arts

European stocks rise after Fed hike as oil slips, yields stabilise

European shares rose on Thursday as lower oil prices and a pause in the global bond selloff lifted risk appetite after the US Federal Reserve

Business|Economy|Finance

South Africa's consumer confidence rises despite economic uncertainty, survey shows

South Africa's consumer confidence improved in the third quarter, a survey showed on Thursday, although consumer spending is expected to remain subdued in the coming months due to

Business|Economy|Finance

Goldman's October hike call underscores renewed Fed tightening risks

Goldman Sachs expects the US Federal Reserve to raise interest rates again in October after policymakers signaled they may need to tighten further to

Business|Economy|Finance

Fed's Warsh lays out forces driving up bond yields

Federal Reserve Chairman Kevin Warsh suggested on Wednesday that among the forces pushing up bond yields, a loss in confidence in the central bank's inflation fight

Business|Economy|Finance

Trading Day: Lift off!

The U.S.

Business|Economy|Finance

Brazil central bank delivers fifth straight rate cut, leaves next move open

Brazil's central bank on Wednesday cut interest rates by 25 basis points for a fifth straight meeting amid firmer signs of an economic slowdown while

Business|Economy|Finance

US consumers and businesses are now facing a future of more expensive borrowing

The Federal Reserve’s rate hike comes as the US economy is increasingly moving at two very different speeds.

Economy|Travel

Dove hunting season brings thousands of visitors, boosts Arizona economy

Dove hunting season brings thousands of visitors, boosts Arizona economy

Business|Economy|Finance

Fed rate hike likely means more expensive credit cards and mortgages, but savers may rejoice

The Federal Reserve just raised the cost of borrowing money — bad news for borrowers, good news for savers

Finance

Dollar rises after Fed hikes rates in bid to counter inflation

The dollar rose against a basket of currencies on Wednesday after the Federal Reserve raised interest rates and flagged further increases in

Economy|Europe|Political|World

France to extend targeted fuel aid measures until end of year

French Prime Minister Sebastien Lecornu has asked ministers to extend targeted support for sectors hit hard by surging fuel prices stemming from the Iran war until the end

Economy|Election|Political

The future of Germany's leader is uncertain as his party faces 2 difficult regional elections

Two German regional elections this weekend are expected to bring more gains for a far-right party and could determine whether Chancellor Friedrich Merz can hold on to power and push ahead with economic reforms

Business|Economy|Finance|Stock Markets|US

A time to hike?

An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision.

Asia|Health

Centenarians living in Japan exceed 100,000 for the first time

The number of people aged 100 or older in Japan has surpassed a record 100,000 this year

Business|Finance

UK inflation hits 3.1% but data offers some relief for BoE

British inflation accelerated to a five-month high of 3.1% in August, but measures excluding surging energy prices held stable, official

Arts|Asia|Economy|Finance

BOJ set to raise interest rates to 31-year high as inflation risks loom

The Bank of Japan is set to raise interest rates to a 31-year high on Friday and signal readiness to keep pushing up borrowing costs, joining other major

Economy|World

Japan records a trade deficit for 4th month as oil imports soar

Japan’s trade deficit totaled $7 billion last month, as surging oil prices sent the cost of imports soaring

Economy|Election|Political

Vance tells House Republicans to ‘just talk about Abdul El-Sayed’ if their own opponents aren’t ‘that crazy’

Vance tells House Republicans to ‘just talk about Abdul El-Sayed’ if their own opponents aren’t ‘that crazy’

Business|Economy

American incomes finally top pre-pandemic levels, fighting against inflation all the way

U.S. household income finally topped pre-pandemic levels last year, a stark sign of how the past five years of rising prices have limited Americans’ earnings and purchasing power

Business

Bank of Korea minutes show possible policy rift on back-to-back rate hikes

The Bank of Korea's decision to carry out back-to-back interest rate hikes in August was more contentious than the headline vote suggested, meeting minutes

Economy

European shares hit three-month low as oil spike revives inflation and rate worries

European shares fell to three-month lows on Tuesday as rising oil prices and bond yields continued to dampen investors' risk appetite ahead of the U.S.

Business|Europe|Finance

Spain's final 12-month EU-harmonised inflation at 4.6% in August

Spain's European Union-harmonised 12-month inflation rate rose to 4.6% in August, up from 3.9% in the period through July, final data released by the National Statistics Institute

Arts|Economy|Finance|Technology

Stocks wobble but no sign of panic as yields surge

Add the summer bond-market rout to the list of market upheavals that U.S. stocks have largely shrugged off.

Arts

Canadian home sales fall in August as economic uncertainty grows

Canadian home sales fell in August as rising economic uncertainty and increased mortgage rates weighed on activity, data from the Canadian Real Estate

Arts|Economy

Median US income rises to highest on record even as Americans feel affordability pinch

Median US income rises to highest on record even as Americans feel affordability pinch

Business|Economy|Finance|World

Federal Reserve is expected to raise its benchmark rate, defying Trump's demands

The Federal Reserve is widely expected to lift its short-term interest rate for the first time in three years to fight stubbornly high inflation

Business|Economy|Finance

UK jobs market stays soft before BoE rate call

Britain's jobs market stayed weak with pay growth near a six-year low, the fewest vacancies since 2021 and hiring down, according to data that

Arts|Business|Economy|Finance|MidEast|Stock Markets|US|World

10-year Treasury yield hits 5%, critical threshold for US economy and markets

10-year Treasury yield hits 5%, critical threshold for US economy and markets

Uncategorized

Trump calls on Ukraine to halt strikes on Russian diesel fuel, citing a global shortage

U.S. President Donald Trump has called on Ukrainian President Volodymyr Zelenskyy to halt strikes on Russian diesel fuel infrastructure, saying attacks are causing a global shortage

Business|Economy|Finance|World

Wall Street week ahead: Federal Reserve decision on interest rates, retail sales update

The Federal Reserve and its interest rate policy will be the main focus for Wall Street this week

Business|Economy|Finance|World

No relief from inflation as Middle East clashes lifts fuel prices to painful levels

U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near

Business|Economy|Europe

European Central Bank raises interest rates a quarter point to quell energy-fueled inflation

The European Central Bank is raising interest rates to cool inflation that is being fed by high oil prices from the Iran war

Arts|Economy|Entertainment|Finance|Sports

US home sales weaken to slowest pace in more than a year as mortgage rates, home prices climb

Sales of previously occupied U.S. homes declined in August to their slowest annual pace in more than a year as home shoppers grappled with rising mortgage rates and home prices

Business|Economy|Finance

Wholesale inflation picked up in August, as energy costs kept rising

Wholesale inflation picked up in August, as energy costs kept rising

Business|Economy|US|World

US unemployment claims dip to 206,000 as layoffs continue to remain rare

Slightly fewer Americans filed for unemployment claims last week as jobless claims remain at historically low levels and layoffs are still rare

Arts|Finance

The yen's sudden surge is upsetting the carry trade faithful

A blistering rally in the Japanese yen ahead of an expected interest rate hike from the Bank of Japan next week is upending the long-

Business|Economy|Political|World

Canada's retaliatory tariffs take effect as US trade talks stall

Canada's retaliatory tariffs on U.S. goods took effect just after midnight on Tuesday as Prime Minister Mark Carney increased economic pressure on his

Arts|Economy|Environment

Australian consumer sentiment slides under rates, petrol pressure

A measure of Australian consumer sentiment fell sharply in September, a survey showed on Tuesday, as fears of higher interest rates and a rebound in fuel prices pressured

Uncategorized

EU seeks to reassure a Trump-rattled Greenland with promise of a new partnership and investment

The European Union is promising Greenland a stronger partnership and hundreds of millions of euros in investment

Arts

Warning signs abound for Trump's Republicans as midterm campaign begins final sprint

As the unofficial start of the campaign sprint kicks off on Labor Day Monday, President Donald Trump's deep unpopularity is imperiling Republican chances of maintaining

Arts

China's forex reserves rise more than expected in August

China's foreign exchange reserves rose more than expected in August, central bank data showed on Monday, as the dollar extended its weakness.

Arts|Business|Economy|Finance|Stock Markets|Technology

Global shares are mixed as chipmaker shares rally in Tokyo and Seoul

Global shares are mixed, with benchmarks in Tokyo and Seoul leading gains thanks to buying of computer chipmakers

Business|Economy

Trump keeps heralding an economic boom, but even a solid jobs report is causing problems for him

President Donald Trump has been promising an economic boom, but Friday's positive jobs report left him frustrated

Asia|Business|Economy|Finance|World

South Korea exports surpass full-year record, hit $709.4 billion YTD

South Korea's exports have reached $709.4 billion so far this year, surpassing last year's annual record, the customs office said on Saturday, as the economy rides high on

Business|Economy|Finance

The US economy added 162,000 jobs in August, more than double expectations

The US economy added 162,000 jobs in August, more than double expectations

Business|Economy|Finance

Canada's Ivey PMI expands to more than four-year high in August

Canadian economic activity expanded at a faster ​pace in August as prices, inventories and employment rose, ​Ivey Purchasing Managers Index (PMI) ​data showed on Friday.

Arts|Business|Economy|Finance|Stock Markets|US

S&P 500 futures fall after August jobs data

Futures tracking the benchmark S&P 500 index turned negative on Friday after data showed the U.S. economy added more-than-expected jobs in August.

Arts|Economy|Finance|Stock Markets|US

Investors to pore over inflation data for signals on rate trajectory

Investors will zero in on inflation data next week that they say could determine whether the U.S.

Economy|Finance

Japan budget requests swell to pandemic-era scale under Takaichi

Japan's budget requests for the next fiscal year have ballooned to a size similar to during the pandemic era, as Prime Minister Sanae

Business|Election|Finance|Political|US

The Latest: ICE officer federally charged with lying about Minneapolis shooting, AP source says

According to a person familiar with the matter who spoke on condition of anonymity, federal prosecutors have charged a U.S. Immigration and Customs Enforcement officer with lying to investigators about the events leading up to the nonfatal shooting of a Venezuelan man during the Minneapolis immigration crackdown earlier this year

Arts|Business|Finance|Stock Markets

Wall Street ends sharply higher as Waller remarks ease rate hike fears

Wall Street rallied on Thursday as investors curbed their rate hike bets after U.S.