Euro Hits 17-Month Low as Spain Election and French Fiscal Risks Weigh
The euro fell to a 17-month low against the dollar as Spain set a November election and France’s budget risks compounded inflation and borrowing-cost pressures.
Economy - Page 3
Track the key forces shaping the global economy with our comprehensive coverage. This section delivers timely updates on central banks and interest rates, inflation trends, labor markets, GDP growth and geopolitical shifts. We provide clear analysis and essential context so readers can understand how economic indicators and policy decisions affect markets, businesses and personal finances worldwide. Designed for professionals, investors and anyone interested in macro trends, our Economy category brings together the stories that define today’s economic landscape.
Latest Economy News
US Adds Just 29,000 Jobs in September as Unemployment Rises to 4.2%
September payrolls rose by only 29,000 as unemployment edged up to 4.2%, wage growth slowed and downward revisions weakened the summer hiring picture.
Eurozone Inflation Rises to 3.8% as Energy Prices Surge
Eurozone inflation accelerated to 3.8% in September as energy prices surged, while core inflation edged up to 2.5% after the ECB’s latest rate increase.
Bank of Japan Raises Rates to 31-Year High as Yen Carry Trade Risks Return
The Bank of Japan raised its benchmark interest rate by 25 basis points to 1.25%, accelerating its tightening cycle while leaving a wide rate gap with...
Wall Street Braces for Fed Rate Hike as 19 of 22 Forecasters Expect September Tightening
Wall Street is overwhelmingly preparing for the Federal Reserve to raise interest rates in September, with 19 of 22 major forecasters expecting a hike as persistent...
Trump Promises $5,000 Payments to U.S. Adults if Republicans Win Midterms
President Donald Trump has promised a $5,000 payment to every adult U.S. citizen if Republicans retain control of both chambers of Congress in November's midterm elections.
GTA VI’s $1 Billion Lost-Productivity Claim Lacks Published Evidence
GTA VI launches November 19, but claims of $1 billion in lost output and 1.5 million absent American workers lack published supporting methodology.
U.S. National Debt Expected to Reach $40 Trillion Earlier Than Forecast
The U.S. national debt is now expected to reach $40 trillion months earlier than previously forecast, while investors demand higher yields to finance rising government borrowing.
OpenAI and Anthropic Face New EU AI Act Enforcement as Rules Take Effect
OpenAI, Anthropic, and other leading AI companies face increased regulatory scrutiny as the European Union begins enforcing key provisions of its landmark AI Act.
Kevin Warsh’s First Fed Meeting Triggers Worst Market Reaction Since 1994
The S&P 500 fell 1.2% following Kevin Warsh’s first Federal Reserve meeting as chairman, marking the worst market reaction to a new Fed chief’s debut meeting...
Bank of Japan Raises Interest Rates to 1%, Highest Level Since 1995
The Bank of Japan raised its benchmark interest rate to 1%, the highest level in more than three decades, as policymakers respond to persistent inflation and...
U.S. Approves Nvidia H200 Chip Sales to Major Chinese Tech Firms
The United States approved sales of Nvidia H200 AI chips to several major Chinese technology companies, though broader geopolitical tensions continue limiting shipments.