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.…
US Services Activity Expands at Fastest Pace in Six Months
Activity at US service providers expanded in August at the fastest pace in six months on the sharpest acceleration in…
Fed’s Williams Says It’s Appropriate to Cut Rates Over Time
Federal Reserve Bank of New York President John Williams said his forecast is that it will “become appropriate” to cut…
Mexico Weighs Tariffs on China, Other Nations Without Trade Deal
Mexico is considering enacting new tariffs on countries with which it does not have a trade agreement, including China, President…
Chile Presidential Teams Press for Calm as Tariff Talks Near End
Chile’s top presidential campaigns vowed to navigate the trade rivalry between the US and China with a cool head and…
Australia’s Household Consumption Quickens on Services Spending
Australia Sees Surge in Household Spending Driven by Services In July, Australia experienced a notable increase in household consumption, primarily…
Japan’s Akazawa Visits US After Staff-Level Talks Progress
Japan’s top trade negotiator Ryosei Akazawa left for the US for ministerial talks, after lower level discussions on the July…
Bank Indonesia’s Burden-Sharing Revives Debate on Independence
Bank Indonesia’s decision to enter into a renewed “burden sharing” agreement with the Finance Ministry has revived a long-standing debate…
What You Need To Know About The Labubu Economy
This week on the Bloomberg Australia Podcast: Rebecca Jones speaks to wealth editor Ainsley Thomson about why Labubus are being…