It’s going to take a while for economic data to get back to normal
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox…
Trump is counting on AI, a big factor in Saudi meetings
WASHINGTON (AP) — President Donald Trump is increasingly counting on the tech sector and the development of artificial…
Japan’s economy contracts as exports get hit by US tariffs
TOKYO — Japan’s economy contracted at a 1.8% annual pace in July-September as President Donald Trump’s tariffs hit…
Japan’s Toyota, hurt by President Trump’s tariffs, reports a drop in profit
TOKYO — Toyota reported a 7% year-on-year drop in profit for April-September on Wednesday, as U.S. President Donald…
US hits $38 trillion in gross national debt
WASHINGTON (AP) — In the midst of a federal government shutdown, the U.S. government’s gross national debt surpassed…
Most US stocks rise after swinging through another erratic day
NEW YORK (AP) — Most U.S. stocks rose Wednesday following another topsy-turvy day on Wall Street. The S&P…
The number of Americans filing for jobless benefits last week hits 263,000, most in nearly 4 years
WASHINGTON (AP) — In another grim sign for the U.S. labor market, jobless claim applications jumped to their…
IMF chief warns of economic uncertainty: ‘Buckle up’
WASHINGTON — WASHINGTON (AP) — The global economy is holding up better than expected despite major shocks such…
Treasury chief says wars and tariffs are harming the UK’s economic outlook
LIVERPOOL, England — Britain’s Treasury chief warned Monday that “harsh global headwinds” from wars in Ukraine and the…
Wall Street coasts toward the end of another winning month
NEW YORK (AP) — U.S. stocks are coasting toward the finish of Wall Street’s latest winning month on…
Wall Street rises to its first gain in 4 days
NEW YORK (AP) — U.S. stocks climbed Friday and trimmed their losses for the week after a report…
Retail sales up 0.6% in August from July even as tariffs lead to price hikes
Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school purchases, even as…