Strong start to online holiday shopping masks signs of a fragile U.S. consumer
Item 1 of 3 A holiday sale sign is displayed in a window at an outlet mall in…
CVS to pay $37.8 million to settle claims over insulin pens
CVS said to obtain reimbursement for excess insulin pens Whistleblower to share settlement proceeds CVS says insulin pen…
Tariffs, AI boom could test global growth’s resilience, OECD says
Global growth seen at 3.2% in 2025, easing to 2.9% in 2026 US growth revised up to 2%…
Health insurers rise on report Trump considering ACA subsidy extension
Nov 24 (Reuters) – Shares of U.S. health insurers jumped on Monday following a media report the White…
Euro zone growth, inflation on benign path, keeping rate cut bets muted
Spanish inflation eases German inflation unexpectedly jumps French, Italian data unchanged German labour market bottoming out Consumer expectations…
China’s Baidu starts layoffs after reporting third-quarter loss – sources
BEIJING/SHANGHAI, Nov 28 (Reuters) – China’s Baidu (9888.HK), opens new tab started layoffs this week that will hit…
Alibaba starts selling Quark AI glasses in China, enters global wearables race
SHANGHAI, Nov 27 (Reuters) – Alibaba (9988.HK), opens new tab released on Thursday its new Quark artificial intelligence…
Canada unveils more measures to protect tariff-hit steel, lumber sectors
OTTAWA, Nov 26 (Reuters) – Canada will offer more support to help the steel and lumber industries deal…
Bank of Mexico cuts growth forecast as inflation optimism is questioned
Banxico cuts GDP growth forecast to 0.3% for 2025 Deputy governor has questioned credibility of inflation forecasts Analysts’…
US weekly jobless claims at seven-month low amid low layoffs
Weekly jobless claims drop 6,000 to 216,000 Continuing claims increase 7,000 to 1.960 million Core capital goods orders,…
Morning Bid: Giving thanks for bad economic news
Nov 26 – What matters in U.S. and global markets today Weaker-than-expected U.S. economic data has upped bets…
World’s central banks are wary of AI and struggling to quit the dollar, survey shows
Central banks cautious about AI risks, survey finds AI mainly used for basic tasks, not core operations Dollar…