Economic News
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The bond market swings, but US stocks remain steady after the Fed says it won't raise interest rates
The bond market swung, while U.S. stocks ticked higher after the Federal Reserve decided not to raise its main interest rate to bring down high inflation
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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.”
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Malaysia seizes servers with advanced AI chips suspected of violating export controls
Malaysia's customs department has seized 30 servers with advanced AI chips in a suspected export-control violation
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US consumer confidence recovers in October as gas prices eased a bit
American confidence in the economy rebounded somewhat in October as gas prices fell modestly but remain elevated
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Lula’s win in Brazil bucks a regional shift to the right and denies Trump a powerful ally
Brazilian voters have denied Latin America’s resurgent right its ultimate prize
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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
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Carney says Trump moving closer to Canada’s trade demands as midterms loom
Canadian Prime Minister Mark Carney says trade talks with the United States have intensified slightly but Canada is holding firm on its demands, insisting any progress is because Washington is moving closer to Ottawa’s position
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Microsoft offers a quarter of its global workforce voluntary buyouts as AI spending accelerates
Microsoft has offered 60,000 employees, or about 27% of its global workforce, voluntary buyouts as the software giant spends heavily on artificial intelligence
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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
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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
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