Global tech rout loses steam
The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence
October 16, 2026The AI equity rout accelerated significantly in Asia on Thursday on growing fears about the murky, circular financing powering the intelligence
October 16, 2026The S&P 500 ended higher on Thursday, springing back from early losses as investors concerned about AI stocks shifted into Eli Lilly,
October 15, 2026The skyrocketing price of diesel is plain for Americans to see anytime they fuel up their cars, SUVs and pickup trucks, though only a fraction of US drivers own a
October 16, 2026High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now
October 15, 2026Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays
October 15, 2026High mortgage rates are deepening a ‘K-shaped’ housing market
October 15, 2026US holiday sales growth is expected to accelerate to 4.2% this year, the National Retail Federation said on Thursday, betting that consumers would remain resilient even as major
October 15, 2026Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms
October 15, 2026Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,
October 15, 2026US retail sales increased more than expected in September, boosted by higher gasoline prices, but spending elsewhere was moderate, which could temper economists'
October 15, 2026The Bank of England will raise Bank Rate for the first time in more than three years to 4.0% in November, according to a majority of economists polled by Reuters who have reversed
October 15, 2026Cash-strapped US consumers are facing a squeeze in their shopping budgets this holiday season, hit by the double whammy of tariffs and high energy costs.
October 15, 2026(Corrected the capitalization in the company name CoreWeave.)
October 15, 2026The levels the benchmark 10-year US Treasury yield has touched this year are not unprecedented, the CEO of the oldest US bank
October 15, 2026China's economic growth likely accelerated modestly in the third quarter from a more than three-year low, supported by fresh policy easing, though the pickup
October 15, 2026UBS Global Wealth Management expects the Federal Reserve to raise interest rates for a third time in March 2027, extending its tightening cycle into next year after stronger-than-
October 15, 2026Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the region's
October 15, 2026A future interest rate increase by the Bank of England should not be interpreted by investors as the start of a long series of increases, BoE Chief
October 15, 2026The Bank of Japan should not become overly cautious about raising interest rates, given considerable upside risks to inflation, Junko Koeda, a
October 15, 2026Australian employment unexpectedly fell in September, data showed on Thursday, while the unemployment rate held at a five-year high, a soft result that had
October 15, 2026The Federal Reserve will probably need to increase short-term interest rates further to rein in too-high inflation, San Francisco Federal Reserve
October 15, 2026The US dollar hit an 18-month high on Wednesday after stronger-than-expected US inflation data briefly revived expectations for a Federal Reserve interest
October 14, 2026US stocks fell sharply on Wednesday, with the Nasdaq clocking its biggest fall in three months, on surprisingly strong inflation data and
October 15, 2026The head of the International Monetary Fund says the United States and other wealthy nations must urgently tackle mounting global debt, which is weighing most heavily on low-income countries
October 14, 2026