Saudi Arabia Revises 2024 Investment Inflows to Near Record High
Saudi Arabia sharply revised up its 2024 foreign direct investment, with new data showing it attracted a near-record sum from…
Bull and Bear Scenarios for the US Consumer
I’m Enda Curran, an economics reporter in Washington. Today we’re looking at the US consumer. Send us feedback and tips…
South Korea Emerges as Lifeline as US Clean-Energy Rules Limit Battery Options
Strict new supply-chain rules for US clean-energy tax credits are narrowing options for energy project developers shopping for batteries. Source:…
US Hiring Intentions Pull Back While Job-Cut Announcements Rise
Hiring plans fell to the weakest level for any August on record and intended job cuts mounted amid broader economic…
BOE Proposes Gilt Repo Reforms to Tame Risks From Leverage
The Bank of England unveiled proposals designed to improve the resilience of the UK bond market during periods of stress,…
Hungary’s Varga Touts Stable Forint for Growth, Inflation Fight
Hungarian central bank governor Mihaly Varga said currency stability is key for slowing inflation and laying the groundwork for more…
US Firms Add 54,000 Jobs in ADP Data, Less Than Forecast
Hiring at US companies was less than forecast in August, consistent with other evidence that points to weaker demand for…
Canada’s Goods Trade Deficit Narrows as Exports Rise Slowly
Canada’s merchandise trade deficit narrowed by more than expected as the country’s exports show signs of a slow rebound from…
US Trade Gap Widens to Largest in Four Months on Import Flurry
The US trade deficit widened in July to a four-month high as companies raced to import goods and materials before…
US Initial Jobless Claims Rise to Highest Level Since June
Applications for US unemployment benefits rose to the highest since June, adding to evidence that the labor market is cooling.…