US economy at risk of wobble as lower-income consumers get squeezed
Rising costs, job market outlook could stress households Government shutdown may impact food benefits, healthcare costs Fed monitors…
Asia’s factories stumble as US tariffs hit order books
Asia’s manufacturing hit by weak U.S. demand, Trump’s tariffs China’s economy loses momentum, PMIs show slower growth Trump-Xi…
Bessent says high US interest rates may have caused housing recession
Item 1 of 2 A “For Sale” sign stands in front of a house, on the North Shore…
Canada’s GDP contracts in August, might avoid a recession in third quarter
August GDP drops by 0.3%, September growth likely to be 0.1% Both services and goods sectors contracted, StatsCan…
China factory activity stumbles as export orders dry up
China’s manufacturing PMI remains below growth threshold at 49.0 Non-manufacturing PMI rises to 50.1 from 50.0 in September…
Germany’s economy stagnates in third quarter as exports fall
Germany’s GDP stagnates in Q3 amid declining exports Chancellor Merz’s fiscal measures face delays Employment growth remains weak,…
BOJ chief signals chance of rate hike soon, says wage momentum key
Item 1 of 2 Bank of Japan Governor Kazuo Ueda attends a press conference after a BOJ policy…
US pending home sales flat in September; job market worries likely dissuading buyers
Pending home sales unchanged in September Softening labor market, economic uncertainty sidelining prospective home buyers Government shutdown delaying…
China’s factory activity expected to fall as demand dwindles: Reuters poll
BEIJING, Oct 29 (Reuters) – China’s factory activity likely shrank for a seventh month in October, underscoring the…
Euro zone business activity growth accelerates as demand jumps, PMI shows
Germany’s private sector records strongest growth in nearly 2-1/2 years France’s activity declines amid volatile political climate Euro…
US weekly jobless claims increase, more people collecting unemployment checks, economists estimate
Weekly jobless claims increased to at least 232,000, economists estimate Layoffs still remain low by historic standards Unemployed…