New U.S. economy data before next Fed interest rate decision

OpenAI Will Send Its Next AI to Businesses Before a Public Release

A leader in AI technology may soon make a giant leap forward, but this time, select companies will get their hands on its next-generation model before you do.

Business - Inc. - 6 days ago

Budget boost to UK economy forecast to fade after two years

The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.

Elon Musk’s Big Business and Conflicts of Interest With the U.S. Government

Mr. Musk, who holds billions in federal contracts, wants to be in charge of the regulators that oversee him if Donald Trump wins.

Tech - The New York Times - October 21

World's most indebted oil firm is headache for new Mexico leader

Claudia Sheinbaum inherits a buoyant manufacturing sector, but also a troubled state-owned oil firm.

European Central Bank set for third interest rate cut of the year in meeting this week

Markets are eyeing two more rate cuts from the euro area's central bank this year amid a weak growth outlook and lower inflation.

Business - CNBC - October 14

Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll

Economists expect higher inflation, national deficits and interest rates under former President Trump’s proposed agenda than under policies proposed by Vice President Harris, a new survey by The ...

Politics - The Hill - October 14

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Uncertainty around the elusive ‘neutral’ interest rate could pose a real risk for markets

Nobody can say for sure where the “neutral” rate for the U.S. economy lies. As the Fed starts cutting, that’s making some on Wall Street nervous about a potential reacceleration of inflation.

Business - MarketWatch - October 15

What’s ‘surprising’ about interest rates in the stock market’s two-year bull run

The bull market for stocks has been running for two years. Here’s what’s unusual about it, according to DataTrek Research.

Business - MarketWatch - October 15

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

Weekly mortgage demand tanks 17%, after interest rates hit the highest level since August

Mortgage interest rates rose last week for the third straight week, hitting the highest level since August.

Business - CNBC - October 16

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

European Central Bank cuts its main interest rate by a quarter-point to 3.25% as inflation falls below its target

World - ABC News - October 17

Economists see UK cutting interest rates more substantially as inflation pressures ease

Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.

Business - CNBC - October 22

World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall

Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).

Business - CNBC - October 22

Mortgage demand drops to its lowest level since July, as interest rates return to summer highs

Total mortgage application volume dropped 6.7% from the previous week, hitting its lowest level since July

Business - CNBC - October 23

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia’s central bank has raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation

World - ABC News - 6 days ago

Russian central bank hikes interest rate to record-high 21%, to fight inflation fueled by military spending

World - ABC News - 6 days ago

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - 11 hours ago

How the U.S. economy became so hostile to parents — and who benefits

The financial strain felt by families is not the result of individual choices. Rather, experts told MarketWatch, it reflects an economy that isn’t adequately supporting families and may be actively ...

Business - MarketWatch - October 19

The U.S. economy’s biggest threat? China’s clean-energy push.

As China ramps up its renewable-energy production, the U.S. risks becoming dependent on outdated energy sources.