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Economy · Latest

Economy

Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.

Jobs and Housing Data Stay Strong, but Financial Stocks Barely Budge
Economy

Jobs and Housing Data Stay Strong, but Financial Stocks Barely Budge

Initial jobless claims dropped to 197,000 and new-home sales topped estimates, signaling a resilient economy. The 10-year Treasury yield cli

Priya Raman ·
US Data Show Firm Growth, But Cracks Lurk Beneath the Surface
Economy

US Data Show Firm Growth, But Cracks Lurk Beneath the Surface

Fresh US data showed steady momentum: new-home sales climbed and jobless claims fell, while the current account gap widened to $246.02 billi

Priya Raman ·
Ontario's deficit narrows to CA$13.0B, beating budget forecast
Economy

Ontario's deficit narrows to CA$13.0B, beating budget forecast

Ontario closed fiscal 2025-26 with a CA$13.0 billion deficit, better than the CA$14.6 billion it had budgeted. Stronger tax revenues and hig

Priya Raman ·
Ghana holds rate at 14% as inflation ticks up to 5%
Economy

Ghana holds rate at 14% as inflation ticks up to 5%

The Bank of Ghana held its main interest rate at 14% for a third straight meeting, even as August inflation ticked up to 5% year-on-year. Th

Priya Raman ·
Canadian small business confidence slides in September
Economy

Canadian small business confidence slides in September

The CFIB Business Barometer dropped to 47.9 in September, with more owners expecting tougher conditions ahead. Fuel costs and renewed tariff

Priya Raman ·
US Jobless Claims Fall to 197,000, Signaling Resilient Labor Market
Economy

US Jobless Claims Fall to 197,000, Signaling Resilient Labor Market

New US unemployment filings fell to 197,000 for the week ended Sept. 19, below economists' expectations. The labor market continues to show

Priya Raman ·
UK retailers cut orders at record pace as sales slump
Economy

UK retailers cut orders at record pace as sales slump

UK retailers reported their steepest sales decline since April and cut supplier orders at a record pace, according to a CBI survey. The weak

Priya Raman ·
Norway's central bank holds rates at 4.50%, flags possible hike
Economy

Norway's central bank holds rates at 4.50%, flags possible hike

Norway's central bank held its key interest rate at 4.50% but signaled it could hike again if inflation stays above target. Economists are s

Priya Raman ·
Saudi Arabia's Trade Surplus Falls 25% as Exports Slump in July
Economy

Saudi Arabia's Trade Surplus Falls 25% as Exports Slump in July

Saudi Arabia's trade surplus narrowed 25% in July from a year earlier, as exports fell faster than imports. Oil export values dropped 12.8%,

Priya Raman ·
BOJ on Track for Quarterly Rate Hikes, Former Policymaker Says
Economy

BOJ on Track for Quarterly Rate Hikes, Former Policymaker Says

A former Bank of Japan policymaker expects the central bank to raise rates about once a quarter, lifting its policy rate to around 2% by mid

Priya Raman ·
OECD: Asia's growth splits as India leads, China and Japan lag
Economy

OECD: Asia's growth splits as India leads, China and Japan lag

The OECD's latest outlook shows Asia's growth story diverging: India remains the region's standout, while China cools, Japan stays subdued,

Priya Raman ·
Japan's private sector growth slows to four-month low in September
Economy

Japan's private sector growth slows to four-month low in September

Japan's private sector lost momentum in September, with S&P Global's flash composite PMI dropping to 52.5. New orders cooled and cost pressu

Priya Raman ·