Debt Investors Grow More Worried About Firms Vulnerable to AI
Debt investors are growing more concerned about companies that are at risk of becoming obsolete because of artificial intelligence, making…
Trump Announces Additional 100% China Tariff, Tech Controls
US President Donald Trump said he would impose an additional 100% tariff on China as well as export controls on…
BLS to Publish September CPI Report on Oct. 24 Despite Shutdown
The Bureau of Labor Statistics said it will publish the September consumer price index on Oct. 24, marking a rare…
Fed’s Musalem Says Open to Further Cuts If Labor Market Weakens
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last month’s interest-rate reduction as a way to…
Rand is No Longer ‘Weak and Volatile,’ S. Africa’s Kganyago Says
The rand deserves more respect for its recent stability and if it “gets uncomfortably strong, we would be happy to…
Egypt Gets S&P Upgrade in Latest Sign of Economic Turnaround
S&P Ratings lifted Egypt’s credit rating, citing policy changes that have improved the economic outlook, giving a further boost for…
Ghana’s Credit Rating Upgraded by Moody’s After Nation Cut Debt
Moody’s Ratings raised Ghana’s sovereign credit rating, citing improved prospects for debt reduction. Source: Original
Senegal’s Credit Rating Cut to Caa1 by Moody’s on Debt Risks
Senegal’s debt shows growing risks to the country’s fiscal trajectory and liquidity position since the previous review, Moody’s Ratings said,…
Central London’s Exorbitant Rents Are Starting to Spill Over
London’s most desirable neighborhoods are out of reach for all but the most affluent tenants, and the effects are rippling…
Federal Worker Unions Ask Judge to Halt Shutdown Layoffs
Unions representing hundreds of thousands of federal workers asked a judge to immediately halt mass layoffs that the White House…