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Economy & Finance

Markets await clarity on Fed policy as Kevin Warsh heads to Jackson Hole amid pressure from Treasury Secretary Bessent's market interventions and uncertainty over inflation stance.

HIGH confidence neutral tone

Coverage (10815 articles)

ABC News & Headlines – Australian Broadcasting Corporation · Jul 02, 2026

Australia's median wealth ranks third globally, driven by property boom

Australia holds third-highest median wealth globally at $306,074, driven by booming property markets. The nation added 25,000 millionaires last year, reaching 1.6 million total, with wealth inequality narrowing.

The Indian Express · Jul 02, 2026

Sony to end PlayStation physical game disc production by 2028

Sony will stop releasing new PlayStation games on physical discs from January 2028, shifting entirely to digital distribution. The move has sparked backlash from gamers and retailers concerned about consumer rights and market impact.

South China Morning Post · Jul 02, 2026

PDD expands in China's Xiongan hub after regulatory crackdown

PDD Holdings, operator of Temu and Pinduoduo, is significantly expanding operations in Xiongan New Area with 5,000 new jobs and property purchases, following a major regulatory fine and food-safety crackdown.

China Daily · Jul 02, 2026

China's community centers extend support to gig economy workers

Chinese community centers backed by local Party organizations are providing rest facilities, housing, and training to millions of gig workers like delivery riders, addressing integration and retention challenges in the digital economy.

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