By Priya Raman
Economist by training. Covers central banks, inflation, jobs data and the policy decisions that shape the cycle.
Brazil's Desenrola debt relief makes tiny dent in household borrowing
Brazil's Desenrola debt-relief program renegotiated 3.6 million contracts in May, yet household debt barely budged to 49.8% from a record 49
Bank of England holds rate at 3.75% as three officials warn of energy-driven inflation
The Bank of England held its key interest rate at 3.75% in a 6-3 vote, with three members pushing for a hike to guard against second-round i
Eurozone economy grows 0.4% in Q2, beating forecasts despite higher energy costs
The eurozone economy expanded 0.4% in the second quarter, surprising economists who had expected a slowdown due to rising energy costs from
AEP raises profit forecast as data center power demand surges
American Electric Power raised its full-year profit forecast to $6.25-6.55 a share, driven by data center demand. Take-or-pay contracts with
Italy's Jobless Rate Rises to 5.7% as More People Start Looking for Work
Italy's unemployment rate ticked up to 5.7% in June, missing forecasts, as more Italians began actively searching for work. Employment held
Taiwan Central Bank Holds Rate at 2% Amid Split Over Energy Inflation Risks
Taiwan's central bank held its key interest rate at 2% in June, but meeting minutes show policymakers were divided. Some argued for a hike t
German State Inflation Data Points to National Uptick Ahead
Preliminary July inflation data from four major German states showed increases, setting the stage for a national print later Tuesday. Econom
Saudi Arabia's economy shrinks 4.8% as oil output plunges 24.7%
Saudi Arabia's economy shrank 4.8% year-over-year in the second quarter, as a 24.7% slump in oil output dragged down growth. The data unders
Shell beats Q2 profit estimates on strong trading, keeps $3 billion buyback pace
Shell posted $9.84 billion in adjusted Q2 earnings, topping expectations, as its trading operation cushioned Qatar disruptions. The oil majo
Australian small business sales growth slows as retail and hospitality lag
Australian small business sales grew 6.5% year-on-year in the June quarter, down from 7.9% in March. Mining and utilities led the gains, whi
Commonwealth Bank predicts RBA will hold rates at 4.35% through 2026
Commonwealth Bank of Australia forecasts the RBA will hold its key interest rate at 4.35% in August and keep it there through 2026. The bank
Fusion Startup Commonwealth Raises $1 Billion for Virginia Power Plant
Commonwealth Fusion Systems raised $1 billion in equity to fund its first ARC fusion power plant in Virginia. The startup aims to commercial