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.
U.S. retail sales rebounded strongly in August, exceeding expectations and signaling economic resilience, though inflation pressures persist ahead of the Federal Reserve's upcoming policy decision.
O Federal Reserve aumentou unanimemente a taxa de juros dos EUA em 25 pontos-base para 3,75%-4,00% ao ano, primeira alta desde julho de 2023, citando inflação elevada e economia em expansão sólida.
Amazon increased its minimum wage to $20/hour for US operations employees and launched grocery discounts at Whole Foods for all US employees.
Bonnie Greer, a Chicago-born playwright and prominent British political commentator, has died aged 77 after a brief illness. Her husband David Hutchins praised her enduring contributions to British cultural and public life.
UK Chancellor faces mounting pressure ahead of upcoming Budget as inflation rises to 3.1%, forcing difficult decisions on taxes and spending cuts.
UK inflation rose to a 5-month high, intensifying pressure on the Bank of England to raise interest rates this year amid persistent price pressures.
US mortgage rates have climbed to 6.97%, the highest level in over a year, causing homebuyer demand to plummet 19% year-over-year as the housing market faces significant headwinds.
Canada's investment summit under Mark Carney showcases 167 projects to global investors, positioning trade tensions with the US as an opportunity for diversification.
China inaugurates its first modern river-to-sea canal in Guangxi, cutting shipping distances to Southeast Asia by 560km and reducing logistics costs by 18-30%, while displacing over 11,000 residents.
Mortgage rates are approaching 7% as the Federal Reserve signals potential rate hikes, threatening to further stagnate an already sluggish housing market.
Top economists urge the Federal Reserve to raise interest rates despite political pressure from Donald Trump, as bond markets signal extreme positioning ahead of an anticipated rate decision.
Kevin Warsh, likely next Federal Reserve chair, is expected to support a rate hike despite potential pressure from Trump, signaling independence from political influence.
IfM Bonn research recommends regional technology transfer networks to strengthen university-business collaboration, emphasizing transparency and trust as essential for SMEs to access scientific expertise.
Chinese investors are increasing purchases of US stocks as Beijing relaxes capital controls, opening new pathways for overseas investment flows.
House Deputy Minority Leader Tinio raised concerns over the Philippines' 2027 budget deficit spending rising to 24%, linking the surge to controversial flood control infrastructure projects amid corruption allegations.
A Queensland dairy family facing closure after losing their processor contract has been offered a lifeline by Kenilworth Dairies, which will bottle their milk under a new local brand to combat Victoria's market dominance.
India's mid- and smallcap indices hit record highs, but the rally is highly selective with extreme divergence between winners and losers, driven by earnings visibility rather than broad momentum.
Kenya faces a maize shortage due to drought and must import 2 million tonnes, but its ban on GMO maize blocks access to South Africa's surplus supply, creating a self-imposed food security crisis.
Japan's Yamanashi prefecture will charge climbers for helicopter rescues during Mount Fuji's off-peak season starting next year, citing rising numbers of poorly prepared and reckless climbers requiring emergency assistance.
Anthropic's CEO acknowledged underestimating AI's speed of global economic integration, calling for development slowdown amid market volatility and support from other tech leaders for stronger safeguards.
Australia's latest sexual health data show syphilis and gonorrhea rates remain high after decade-long increases, while chlamydia stays stable. First Nations peoples experience disproportionately higher infection rates across all STIs.
Treasury Secretary Scott Bessent testified before a House panel, defending his economic record and attributing rising bond yields to global issues while emphasizing the strong dollar's foundation in policy credibility.
InspereX, a technology-driven investment distributor, has surpassed $5 billion in impact investments underwritten and distributed, reflecting two decades of work connecting investors with socially responsible projects.
Indian shares recovered slightly after recent selloffs, though gains remain capped by elevated oil prices and cautious Federal Reserve signals affecting investor sentiment.
