Tag: Breaking News: Economy
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Gasping for clean air: Singapore battles relentless haze as Prime Minister Wong warns of action
Singapore continues to grapple with severe haze that is disrupting daily life and businesses, as authorities roll out protective measures — and issue warnings.
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Stocks making the biggest moves after hours: Interactive Brokers, J.B. Hunt, Alcoa and more
These are the stocks posting the largest moves in extended trading.
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Stocks making the biggest moves midday: CoreWeave, Salesforce, Rocket Lab, Kimberly-Clark & more
Here are some of the companies making headlines in midday trading.
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U.S. Treasury dismisses IMF debt warning and ‘messy’ forecasting
The exchange comes as U.S. debt exceeds $40 trillion and 10-year Treasury yields remain above 5%, intensifying scrutiny of the fiscal outlook.
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Wholesale prices jumped 6.3% annually in September, biggest gain since 2022
September producer prices were expected to increase 0.6% month-over-month and 5.5% annually, according to the consensus estimate by Dow Jones.
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Analysis: Why a $2 trillion deficit and 5% Treasury yields are becoming America’s biggest economic challenge
Treasury yields above 5% are raising borrowing costs for households and the federal government, highlighting the challenge of financing $2 trillion deficits.
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China indicates rare earths will keep flowing to EU, regardless of U.S. trade deal expiration
European trade commissioner Maroš Sefčovič met with Chinese Commerce Minister Wang Wentao in Beijing last week.
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UK economy grew 0.1% in August, beating expectations
The U.K. is grappling with a cost-of-living crisis sparked by sticky inflation and surging energy costs.
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How high inflation became a ‘fact of life’ in the U.S.
U.S. inflation has stayed elevated for years, raising concern at the Federal Reserve that consumers may come to expect stubbornly high prices.
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Stocks making the biggest moves midday: CoreWeave, Bending Spoons, Bank of America, Dell, Hewlett Packard Enterprise & more
Here are some of the companies making headlines in midday trading.
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