Today: October 28, 2026
Today: October 28, 2026

economy

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Volkswagen deliveries post steepest drop in more than four years as China weakness deepens

German automaker Volkswagen reported a 14.3% decline in global deliveries in the third quarter on Monday, its sharpest drop in more than four years, as weakness in China, its

Business|Economy|Finance|Stock Markets|Technology

Wall Street finishes its record-setting week with gains

The U.S. stock market finished its record-setting week with gains, even as other financial markets remained indecisive

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Republicans once raced to embrace Trump. Their debate answers tell a different story now

Republican nominees for Senate, the U.S. House and governor’s offices across the country are sidestepping President Trump or openly distancing themselves as they debate Democratic opponents before Election Day

Business|Economy|Political

Fed's Cook lawyers say hearing will show no mortgage fraud case

Lawyers for Federal Reserve Governor Lisa Cook said on Friday that if a planned White House hearing on allegations against her is "anything close to objective," it will demonstrate

Economy|Finance

With midterms approaching, Americans’ confidence in the economy is in a tailspin

With midterms approaching, Americans’ confidence in the economy is in a tailspin

Uncategorized

Russian strikes across Ukraine kill 3 people as Kyiv struggles to counter escalating attacks

Russian strikes have killed three people and wounded at least eight across Ukraine as the country struggles to counter escalating Russian bombardments that have killed more than 50 people over the past three days

Arts|Business|Economy|Election|Finance|US

Bipartisan majority of Americans blame Trump policies for rising costs, Reuters/Ipsos poll finds

Some 78% of Americans blame President Donald Trump's policies for rising prices that are outpacing their earnings,

Arts|Business|Economy|Finance|Interview|Technology|World

Nearly 30 years after IMF rescue, Thailand faces new economic test

Ekniti Nitithanprapas was a young graduate student in the United States when Thailand devalued the baht in 1997, setting off the Asian financial crisis.

Business|Economy|Finance|Stock Markets

US 10-year Treasury yield risks hitting 6% for first time since 2000, Pimco's Ivascyn tells FT

The benchmark 10-year US Treasury yield could rise to 6% for the first time since 2000 as high oil prices fuel inflation concerns and worries over the country's growing public debt,

Arts

Trump discloses Nvidia stock trades as he prepares to honor CEO Huang

President Donald Trump bought as much as $1.6 million and sold as much as $1 million in Nvidia stock in August, according to his latest financial

Business|Economy|Finance|Stock Markets

Wall Street winces at bond squeeze

Stock markets finally stalled on Wednesday and early Thursday as the bond crunch ground on, with the latest Federal Reserve minutes showing most policymakers in

Business|Economy|Finance|Technology

AI boom to fuel Australia inflation despite higher rates, ex-RBA official says

Australia's AI investment boom is likely to boost inflation in the near term as productivity benefits take longer to emerge, leaving the central bank with limited

Arts|Economy|Environment|Finance

China's funding of development institutions is up sharply, but its power still lags, study shows

China, the world's second-largest economy, has boosted funding of multilateral development institutions tenfold since 2010, but its voting power and

Business|Economy|Europe|Finance

German exports fall in August, pointing to weak third quarter

German exports fell unexpectedly in August due to a sharp decline in shipments to the United States, showing that momentum in the euro zone's largest economy is

Economy

Spanish unions call general strike for November 11, weeks before snap election

Trade unions in Spain on Wednesday announced a nationwide general strike over housing issues for November 11, a protest that will take place

Arts|Business|Economy|Environment|Finance|Science|Technology

NY Fed September survey finds public expecting more near-term inflation

By Michael S.

Uncategorized

UK 30-year gilt yields hit 28-year high in global selloff

British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff pushed equivalent US borrowing costs to their highest since 2002,

Business|Economy|Finance|World

Euro drops toward 17-month lows, dollar holds gains after Fed minutes

The euro tumbled on Wednesday as French bonds came under renewed pressure on fiscal concerns, while the dollar held gains following the minutes from

Arts|Economy|Election|Finance

US 30-year mortgage rate hits highest in nearly three years

The interest rate on the most common US home loan jumped last week to its highest in almost three years, worsening affordability for buyers four weeks before elections

Business|Economy|Finance|Stock Markets|US

Storm brewing

As the US third-quarter earnings season gets set to kick off, Wall Street's S&P 500 joined the Nasdaq in setting a new record high on Tuesday - its first in about six

Economy

Europe stocks retreat after three-day rise as rising yields, oil dent sentiment

European shares closed sharply lower on Wednesday after three straight sessions of gains, as higher oil prices and a rise in bond yields sapped

Business|Economy|Finance

Wall Street is booming. Surging yields could shake things up

Wall Street is booming. Surging yields could shake things up

Arts

BOJ chief calls for more focus on anchoring inflation around target

Bank of Japan Governor Kazuo Ueda said on Tuesday it was becoming more important to anchor underlying inflation around the central bank's 2% target, signalling

Arts|Asia|Business|Finance|World

Thai September headline CPI rises 2.82% on year, below forecast

Thailand's headline consumer price index rose 2.82% in September from a year earlier, after a 2.53% annual increase in the previous month, driven by higher fuel and food

Economy|Europe|Political

Spain's housing crisis bursts into the spotlight at snap election

Spain's snap election will revolve around an issue which has topped voters' list of concerns for three years straight but, until a fortnight ago, failed

Election|Political

Trump signs order extending tax-free use of red-dyed diesel during midterm stop in Nebraska

President Donald Trump has taken his Republican midterm rescue mission to Nebraska

Arts|Finance|World

Spain's gambler PM Sanchez seeks to defy the odds again on a snap election

Spain's Socialist prime minister, Pedro Sanchez, on Monday lived up to his reputation as a political gambler by calling a snap

Business|Economy|Finance|Stock Markets

Brazil benchmark stock index soars as Bolsonaro tops first-round vote

Brazil's benchmark stock index Bovespa gained more than 8% in early Monday trading, exceeding 205,000 points after right-wing Senator Flavio Bolsonaro led leftist

Arts|Economy|Europe|Finance|Stock Markets

Euro zone investor morale falls in October, Sentix survey shows

Investor morale in the euro zone fell to 2.7 in October, as easing expectations cast doubt on a possible economic upturn, a survey showed on Monday.

Business|Economy

South Africa private sector contracts at fastest pace since December, PMI shows

South Africa's private sector contracted in September at its fastest pace since December as new orders fell sharply and supply bottlenecks and fuel-driven cost

Business|Economy|Europe|Finance|Stock Markets|World

French services sector returned to growth for first time since December, PMI shows

France's dominant services sector grew in September for the first time since the end of last year, helped by a rebound in output after businesses had been impacted in August by an

Business|Economy|Europe

Italy services growth slows in September as costs rise, PMI shows

Italy's service sector grew in September at the slowest pace in three months, a survey showed on Monday, as cost pressures intensified once again, driven by turmoil in the

Business|Economy

India seen kicking off rate hike cycle as inflation broadens, peers turn hawkish

Investors have loaded up on bets that the Reserve Bank of India will raise rates this week, warning that it risks falling behind the curve as inflation

Economy|Education

Despair over future fuels political anxiety for college students on the cusp of adulthood

Many college students today are feeling anxious about their future

Business|Economy|Election|Political

Trump defends data centers in Ohio as he rallies to boost Jon Husted in a tight Senate race

President Donald Trump is defending data centers powering AI projects during a campaign rally in Ohio

Economy

The Latest: Trump hits the campaign trail, kicking off blitz before midterms

President Donald Trump is hitting the campaign trail in heavily Republican areas to shore up lagging enthusiasm in their party ahead of next month’s midterm elections

Business|Economy|Finance|US

Fed's Logan calls for '50 bps or more' in rate hikes

The US central bank will need to raise short-term borrowing costs by at least another half of a percentage point to turn monetary policy "modestly restrictive" and get

Business|Technology

Fed's Cook sees AI inflationary push as a top 2027 risk

Federal Reserve Governor Lisa Cook said on Thursday that she sees AI, and its inflationary push, as a top risk for 2027, and noted that increasingly frequent supply shocks have had

Arts|Economy|Election|Finance|Opinion|US

8 in 10 Americans disapprove of Trump on inflation. That’s extremely rare for a president

8 in 10 Americans disapprove of Trump on inflation. That’s extremely rare for a president

Business|Economy|Finance

How are higher interest rates and rising prices affecting you?

How are higher interest rates and rising prices affecting you?

Arts|Business|Economy|Finance|Lifestyle|US

Americans are using buy now, pay later more than ever. Here's what to know if you're one of them

Americans are increasingly using buy now, pay later plans for everyday expenses like groceries and bills

Business|Economy

UK factories report growing inflation pressures, PMI shows

British manufacturing cost pressures increased for the first time in four months in September, even as output grew at its slowest pace since March, according to purchasing

Arts|Economy|Entertainment|Finance|World

Bond market bust: The 10-year Treasury yield hit its highest level since 2002

Bond market bust: The 10-year Treasury yield hit its highest level since 2002

Arts

Most Americans blame Trump for high prices as his economic approval hits new low, AP-NORC poll shows

A new AP-NORC poll finds that most Americans blame President Donald Trump for persistently high prices, while only about 2 in 10 approve of his handling of the cost of living

Arts|Business|Economy|Entertainment|Finance|Technology

Investors wary of slowdown in US corporate profit boom

A massive year for corporate profit growth is driving US stock market gains, but investors' hesitancy that the good times will roll on without a hitch is

Arts|Europe|Finance|Science

Instant View: Bond markets take a drubbing again, 10-year Treasury yields highest since 2002

Borrowing costs from the US to France, Britain and Japan hit their highest in decades on Thursday, squeezing already pressured government finances, and threatening stocks,

Business|Economy

German manufacturing upturn holds firm in September, PMI shows

Germany's manufacturing sector sustained its upturn in September as production levels and new orders once again registered strong growth despite renewed inflationary

Arts

Japan PM vows to underpin yen by boosting economic competitiveness

Japanese Prime Minister Sanae Takaichi said the administration's efforts to boost the country's economic competitiveness will help ensure market confidence in

Business|Economy|Finance

Fed seen on pause in October after inflation data

A Federal Reserve rate hike next month looked less likely Wednesday after fresh government data showed inflation rose less than expected in August, easing pressure on

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Global stocks weather third-quarter AI, bond and crude maelstrom

Stock market investors might have been expected to run for the hills in the face of an extraordinary surge in global borrowing costs, currency interventions,

Arts|Economy|Finance|World

Inflation cooled slightly last month even as consumers stepped up spending

Inflation slowed a bit last month as Americans ramped up their spending, though price gains remained elevated and are a challenge for many voters as the midterm elections approach

Business|Economy|Finance

BOJ's policy pivot opens scope for faster rate hikes

The Bank of Japan expects interest rate increases to happen faster and more regularly in future as it pre-empts risks of an inflation overshoot, sources said

Business

OPEC+ oil producers set to keep output targets steady at Sunday meeting, sources say

(Adds missing word, paragraph 6) By Olesya Astakhova and Ahmad Ghaddar LONDON, Sept 30 - OPEC+ oil-producing countries are likely to keep their oil production targets steady for November when they

Business|Economy

UK economy grew faster than thought in second quarter, cementing G7 lead

Britain's economy grew more quickly than previously thought in the second quarter, consolidating its position as the fastest-growing Group

Arts|Economy|Europe|Finance

French preliminary inflation up at 3.4% in September

French consumer prices rose more than expected in September, preliminary data from the INSEE statistics agency showed on Wednesday.

Arts

Fed's Williams sees no urgency for next rate hike

By Michael S.

Business|Economy|Finance|Technology|World

Fed's Barr says more rate hikes likely to be needed to curb inflation

Federal Reserve Governor Michael Barr on Tuesday made a renewed case for further interest rate hikes, noting that high energy prices and a surge in AI-related

Business|Economy|Finance

Bank of England's Taylor views case for rate hike as 'not compelling'

The case for raising interest rates will remain weak until high energy prices translate into clearer signs of inflation spreading across the broader economy, Bank of

Economy|Education

Students protest and public sector workers strike ahead of French budget

French high school students blockaded dozens of schools and public sector workers went on strike on Tuesday, voicing discontent

Election

Britain’s PM is on a ‘Burnham bounce.’ When will he fall to earth?

Britain’s PM is on a ‘Burnham bounce.’ When will he fall to earth?

Finance

Brazil debt profile worsens as floating-rate share hits fresh high

Brazil's share of debt linked to the benchmark Selic rate jumped to 52.7% in August from 51.1% in July, Treasury data showed on Monday, extending a deterioration in the

Economy|Political|World

Chile's Kast unveils $1.3 billion plan to create 100,000 jobs

SANTIAGO, Sept.

Arts|Business|Economy|Science|Technology

Fed's Cook sees further inflationary pressures ahead 

Federal Reserve Governor Lisa Cook said on Monday she expects continued inflationary pressure in coming months stemming from AI-related demand and higher oil

Economy|Finance

Russia raises 2027 military spending by 27%, budget documents show

By Darya Korsunskaya MOSCOW, Sept 28 - Russia plans to spend 17.1 trillion roubles ($202.58 billion) on defence in 2027, around 27% more than the 13.5 trillion roubles originally budgeted and the

Business|Economy

China's cabinet pledges stronger policy support to meet growth target

China's cabinet pledged on Monday to step up counter-cyclical policy support to address rising economic strains, signalling greater urgency to shore up growth and keep the

Business|Finance|Stock Markets

Entering the home stretch

Nervy bond markets face another test this week as they navigate the ends of both the month and the third quarter on Wednesday, with the September US employment report

Arts|Economy|Technology

Why the AI boom makes inflation harder to tame

Why the AI boom makes inflation harder to tame

Business|Economy|Europe|Finance|MidEast|Stock Markets

A new neutral rate, much like a decades-old one

A look at the day ahead in European and global markets from Wayne Cole. It's been a bit of a random walk in Asia so far, with oil and yields up, stocks mixed, gold down and the dollar flat.

Business|Economy|Finance

Bank of Japan debated need for faster rate hikes, July minutes show

Many Bank of Japan policymakers saw the need to focus on mounting inflation risks, with some calling for faster interest rate increases, minutes of their

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

Wall Street week ahead: consumer confidence, inflation, employment updates

Wall Street has a busy week ahead with important updates on inflation, the jobs market and consumer confidence

Business|Economy|Finance

Americans still feel worse about the economy than at almost any point in modern history

Americans still feel worse about the economy than at almost any point in modern history

Business|Finance

Brazil mid-September inflation exceeds forecasts ahead of tight election

Brazil's mid-September inflation accelerated more than expected, official data showed on Friday, adding to concerns about persistent price pressures as voters head into

Economy

Rush of money, campaign stops show Republicans feel vulnerable in Iowa, Kansas

With midterm elections just over a month away, Republican heavyweights have been jetting across the country to campaign and outside groups have

Business|Economy|Finance|Political

BoE's Bailey says high energy prices make it harder to leave rates on hold

Bank of England Governor Andrew Bailey said on Friday that persistently high energy prices would make it harder for the central bank to leave interest rates on hold, underlining a

Arts

Singapore population hits record 6.21 million, driven by rise in foreign residents

Singapore's population rose 1.6% in June compared to a year ago, hitting a new high of 6.21 million, government statistics released on Friday showed.  

Economy

Trump welcomes China's Xi with fanfare, but no breakthroughs emerge

US President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday for a lavish summit that was

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