• September 3, 2024

Chile to Restart Gradual Interest Rate Cuts as Economy See-Saws

(Bloomberg) -- Chile’s central bank will likely cut its benchmark interest rate by a quarter-point Tuesday, restarting a monetary easing cycle to boost the economy as it emerges from a rough patch i...

Read More

• September 3, 2024

US futures fall as focus shifts to Friday's jobs report

US equity futures traded lower Tuesday with the S&P 500 futures down 0.17% at 5,638.70, while Nasdaq 100 futures dropped 64 points or 0.32% to 19,511.10. At 00:01 EST (04:01 GMT), the Dow Jones I...

Read More

• September 3, 2024

Swiss Inflation Slows as SNB Prepares September Rate Cut

(Bloomberg) -- Swiss inflation slowed more than expected in August, supporting the case for another interest-rate cut. Consumer prices rose 1.1% from a year ago, the statistics office said Tuesda...

Read More

• September 3, 2024

The Fed welcomes a 'soft landing' even if many Americans don't feel like cheering

WASHINGTON (AP) — When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the natio...

Read More

• September 2, 2024

Bank of Korea sees inflation staying stable for time being

SEOUL (Reuters) - South Korea's central bank said on Tuesday that consumer inflation was expected to maintain the current stable trend for the time being. The Bank of Korea said inflation was sta...

Read More

• September 2, 2024

Kyle Bass Says Blackballing Oil Was Always a Lost Cause for ESG

(Bloomberg) -- One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from the get-go, according t...

Read More

• September 2, 2024

Indonesia's inflation stays within central bank range in Aug

By Stefanno Sulaiman and Gayatri Suroyo JAKARTA (Reuters) -Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding...

Read More

• September 2, 2024

Federal workers around nation's capital worry over Trump's plans to send some of them elsewhere

WASHINGTON (AP) — Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation's capital and its suburbs...

Read More

• September 1, 2024

New unproductive forces: the Chinese youth owning their unemployment

By Laurie Chen BEIJING (Reuters) - After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment inf...

Read More

• August 31, 2024

US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation

(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for further interest-rate reductions afte...

Read More