Tag: economy
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Scott Bessent’s growth plans aren’t enough to tame surging deficit and debt pile, IMF chief says
IMF chief Kristalina Georgieva said Bessent’s reliance on growth won’t cut the U.S. deficit and $40 trillion debt fast enough, calling for fiscal consolidation.
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U.S. Treasury yields inch lower as investors await key inflation report
U.S. Treasury yields inched lower on Wednesday as investors awaited the latest CPI inflation reading ahead of a flurry of economic data this week.
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‘Godzilla El Niño’ is wreaking havoc with Philippine central bank’s inflation forecasts
The Philippine central bank is running policy scenarios for a severe El Niño on top of the oil shock, with inflation at a three-year high.
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Singapore’s economy grows 5.4% in Q3, down from 6.2% in previous quarter: Advance estimates
On a quarter-on-quarter seasonally adjusted basis, Singapore’s economy grew 1.1 per cent, compared to the 1.5 per cent growth in Q2.
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Williams says Fed may not have to hike rates in 2027, at odds with traders
New York Fed President John Williams sees one more rate hike in 2026 but no additional increase in 2027 as inflation pressures ease.
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The latest inflation data is expected to show price increases are accelerating
Economists expect the consumer price index for September to rise 0.6% on the month and 3.6% year over year.
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Stocks making the biggest moves midday: Apple, Meta Platforms, Bumble, Fermi, Goldman Sachs & more
Here are some of the companies making headlines in midday trading.
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Anthropic to disclose new revenue numbers as AI lab financials become central to tech trade
Anthropic will release updated financials to a group of investors gathering at its headquarters this week, according to people familiar with the matter.
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JPMorgan’s earnings miss, Delta delays Riyadh route, McDonald’s chicken plans and more in Morning Squawk
Here are five key things investors need to know to start the trading day.
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Stocks making the biggest moves premarket: JPMorgan Chase, Micron, UnitedHealth & more
These are the stocks posting the largest moves before the bell.
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