Economy

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China’s Singles’ Day Growth Slows as Cautious Consumers Reshape the World’s Largest Shopping Festival

Slower spending, shifting priorities, and rising frugality redefine China’s biggest retail event despite record-breaking sales volumes

China’s Growth Falters as Investment Slumps and Housing Market Deepens Headwinds

October data shows fixed-asset investment plunged 1.7 % year-on-year, with factory output and retail spending also losing steam—highlighting mounting pressure on Beijing to revive demand and stabilise the economy.

White House Warns Key October Jobs and Inflation Data Could Be Lost Forever

The six-week government shutdown may permanently disrupt critical U.S. economic reporting, leaving the Federal Reserve and investors without vital indicators.

Boston Fed Chief Susan Collins Signals Pause on Rate Cuts Amid Inflation Concerns

Collins warns that keeping interest rates steady may be crucial to controlling inflation as uncertainty and data gaps challenge policymakers.

Supreme Court to Hear Trump’s Case to Dismiss Fed Governor Lisa Cook on January 21

The court will determine whether the president has the authority to remove a Federal Reserve governor amid allegations of misconduct and growing political tension over monetary policy.

Trump Approves Funding Bill Restoring Federal Operations After Record Shutdown

The 43-day U.S. government shutdown ends as President Trump signs short-term funding measure amid partisan clashes over health care subsidies and spending priorities.

Supreme Court Extends Pause on Full SNAP Benefits Payment During Government Shutdown

Millions of Americans face uncertainty as legal battles and congressional funding delays affect November food stamp distributions.

Trump Signals Support for Senate Deal to End Historic 41-Day Government Shutdown

Agreement clears procedural hurdles in Senate, paving the way for Congress to reopen federal operations and address key budget issues

Democratic Senators Confront White House Over Soaring Power Costs Linked to AI Data Centers

Lawmakers urge the administration to act as massive AI-driven energy demand, corporate expansion, and policy clashes drive up electricity prices across the U.S.

Miran Signals Support for 50-Basis-Point Rate Cut in December but Says 25-Basis-Point Should Be Minimum

Fed governor Stephen Miran urges a more aggressive easing approach amid signs of softening labour markets and slipping inflation, while policymakers remain split.

Senate Approves Funding Bill to End Historic U.S. Government Shutdown

The measure now heads to the House, where lawmakers race to prevent further economic fallout and restore federal operations after the nation’s longest-ever shutdown.

Japan’s Falling Real Wages Threaten Prime Minister Takaichi’s Economic Revival Plan

As inflation continues to erode household income, Japan’s first female prime minister faces growing pressure to balance stimulus spending with the country’s long-term inflation and debt challenges

Trump Administration Orders States to Reverse Full SNAP Payments Amid Ongoing Shutdown

Over 42 million Americans face uncertainty as the USDA directs states to retract November’s full food stamp benefits and issue only partial payments

Senate Moves Toward Ending 40-Day Government Shutdown as Crucial Deal Advances

Senate Advances Funding Deal That Could End the Government Shutdown

In a pivotal 60-40 vote, U.S. senators cleared the first hurdle of a funding package to reopen the government, though key healthcare subsidies still hang in the balance.

BOE Signals End of Peak Restrictiveness, Markets Eye Possible Christmas Rate Cut

Governor Andrew Bailey hints at easing ahead as inflation shows signs of slowing and Autumn Budget approaches

China’s October Exports Unexpectedly Slip with US Shipments Plunging 25%

As global demand fades and front-loaded orders dry up, China records its first decline in goods exports in 18 months — raising fresh questions about trade dynamics and economic resilience.

Retailers Pass Tariffs to Consumers—but Amazon Raises Prices the Most

Amid rising import duties, Amazon’s average price increases outpace competitors like Walmart and Target—highlighting how marketplace dynamics amplify the cost burden for consumers.

Bank of England Faces Tough Decision on Rates Ahead of Autumn Budget

With inflation cooling but growth stagnating, economists are split on whether the Bank will act now or wait until early 2026 to cut interest rates.

U.S. Government Shutdown Poised to Break Record as Senate Deadlock Continues

36-day funding lapse highlights partisan standoff over healthcare and spending priorities

Reeves Set To Address Mounting Tax Rise Speculation In Surprise Morning Speech

U.K. Chancellor Rachel Reeves prepares to confront growing questions about looming fiscal changes ahead of her crucial Autumn Budget.

As SNAP Delays Leave Millions Facing Hunger, Nearly $400 Billion in U.S. Food Wasted Each Year

While millions of Americans worry about missing SNAP payments, the U.S. continues to waste staggering amounts of food — revealing a troubling disconnect between hunger and abundance.

Majority of Americans Lose Confidence in Trump’s Economic Leadership, New Poll Reveals

As inflation surges and household budgets tighten, a new NBC News poll highlights growing public frustration with President Donald Trump’s handling of the U.S. economy.

Treasury Secretary Bessent Signals SNAP Food Aid Could Resume by Wednesday

Court rulings push administration to restore food assistance for over 42 million Americans amid ongoing government shutdown

China’s Factory Growth Cools in October as Export Orders Drop Sharply

Manufacturing momentum slows amid renewed trade tensions and softening global demand, though employment shows early signs of recovery

China’s Manufacturing Contraction Deepens to Six-Month Low as Factory Activity Falters in October

Industrial slowdown worsens amid weak domestic demand, holiday disruptions, and renewed trade tensions with the United States, pushing China’s PMI below forecasts.

Xi Jinping Calls for Stronger Asian Unity to Safeguard Supply Chains Amid Global Turmoil

Speaking at the APEC Economic Leaders’ Meeting, China’s president urges regional cooperation, free trade, and stability as global economic uncertainty deepens.

Israel Conducts Airstrikes in Gaza Amid Accusations of Ceasefire Violations by Hamas

Tensions escalate as Israeli attacks in Gaza leave dozens dead while disputes over hostage remains and ceasefire terms threaten to unravel the fragile U.S.-brokered truce.

The Federal Reserve Faces Another Pivotal Week as Markets Expect a Rate Cut

Policymakers weigh the risks of inflation, labor market weakness, and data gaps as the Fed prepares its next move.

Australia’s Inflation Hits Fastest Pace in Over a Year at 3.2%

Rising housing, transport and electricity costs push Australia’s yearly consumer-price inflation beyond the Reserve Bank of Australia’s target band, setting the scene for a longer wait on interest-rate relief.

Argentina’s Midterm Elections Deliver Major Victory for Milei’s Free-Market Revolution

President Javier Milei’s sweeping win cements public backing for his radical economic reforms, signaling a new era of austerity, deregulation, and investor confidence in Argentina.

China’s Industrial Profits See Sharpest Rise in Nearly Two Years

Government measures to curb price wars and boost manufacturing output fuel a 21.6% surge in September

AI Investment Fuels Stock Market Gains While Main Street Struggles

Tech giants lift GDP and Wall Street, but small businesses face tariffs, rising costs, and shrinking consumer spending.

Markets Brace for Friday’s Crucial Inflation Report — Will It Shake Up Wall Street?

With the government shutdown limiting new data, all eyes turn to September’s CPI release — a single report that could decide the Fed’s next move and set the tone for markets heading into year-end.

U.S. Inflation Cools to 3% in September, Fueling Expectations of a Fed Rate Cut

A softer-than-expected consumer price report offers relief to investors and policymakers alike, signaling that inflation may finally be stabilizing — and giving the Federal Reserve more room to ease interest rates.

Billionaire Heir Timothy Mellon Revealed as Trump’s $130 Million “Patriot Donor”

The reclusive railroad magnate and political power player quietly stepped in to help fund U.S. troops during the government shutdown — sparking controversy over legality, influence, and the role of private wealth in public funding.

Japan’s Inflation Rises for the First Time in Months as Prices Pressure New PM Takaichi

Both headline and core inflation hit 2.9% in September, marking Japan’s first acceleration since May and testing the new prime minister’s ability to balance growth with price stability.

U.S. Government Shutdown Becomes the Second Longest in History

Political deadlock deepens as Senate fails to pass funding bill for the 12th time, leaving millions affected and no resolution in sight

Bank of Korea Holds Rates Steady at 2.5% Amid Rising Property and Trade Pressures

Central bank extends rate pause to contain household debt and housing inflation as U.S. trade talks stall ahead of the APEC Summit

White House Adviser Signals Government Shutdown Could End This Week Amid Intensifying Budget Standoff

National Economic Council Director Kevin Hassett warns stronger measures may follow if partisan deadlock continues as Democrats push for health care funding and Republicans seek short-term resolution.

U.K. Chancellor Rachel Reeves Says November Budget Will Tackle Global and Domestic Pressures Head-On

With inflation, global conflicts, and record borrowing costs weighing heavily on Britain’s economy, Reeves promises a “realistic and responsible” approach to fiscal policy in her upcoming Autumn Budget.

China’s Economy Expands 4.8% in Q3 — Growth Meets Forecasts but Investment Collapse Raises Red Flags

Despite stable GDP growth, a rare contraction in fixed-asset investment and deepening property woes reveal growing structural cracks in the world’s second-largest economy.

U.S. Budget Deficit Narrows Slightly in 2025 as Tariff Revenue Hits Record Highs

Historic tariff collections helped cushion the impact of surging debt payments, as America’s deficit still hovered near $1.8 trillion despite strong revenue gains.

Senate Blocks Military Funding Bill as Government Shutdown Deepens

A measure to ensure pay for U.S. troops during the shutdown fell short in the Senate, highlighting deep partisan divides over defense priorities and government spending.

EU Leaders Push for Swift Release of Frozen Russian Funds to Back Ukraine

With some €175 billion in matured Russian assets lying idle, Brussels eyes new legal paths to channel them toward Kyiv’s war financing

France’s PM Suspends Pension Reform, Calms Markets — But Fiscal Challenges Remain

Sebastien Lecornu halts Macron’s retirement age increase until 2028, easing political tension and boosting stocks, though the move raises medium- and long-term debt concerns.

Fed’s Miran Urges Swift Rate Cuts Amid Rising China Trade Tensions

The latest U.S.-China trade deadlock and potential tariff threats heighten economic risks, prompting calls for faster interest rate reductions to shield growth.

Japan’s Political Landscape Shifts as Opposition Eyes Unity and Takaichi’s Leadership Faces Pressure

With coalition cracks and a resurgent opposition exploring a unified front, Sanae Takaichi’s path to becoming Japan’s first female prime minister grows increasingly uncertain.

China’s Consumer Prices Fall Sharply in September, Deepening Deflation Concerns

Persistent weakness in domestic demand, a prolonged housing slump, and renewed U.S.-China trade tensions are weighing on Asia’s largest economy as both consumer and producer prices continue to slide.

Iraq Targets Energy Independence: $4 Billion Gas Imports from Iran to End by 2028

Baghdad accelerates its shift from oil dependence by investing billions in domestic gas capture projects to tackle power shortages and reduce reliance on Tehran.

American Shoppers Brace for Tough Holidays Amid Inflation and Economic Anxiety

New Deloitte survey shows 57% of U.S. consumers expect a weaker economy and plan to spend less this holiday season as inflation, tariffs, and uncertainty weigh on confidence.

Singapore Posts Strong Q3 Growth but Flags Slower Momentum in 2026

A robust 2.9% year-on-year GDP gain overshoots forecasts — yet signs of strain in manufacturing and trade prompt caution about next year’s outlook.

Trump to Personally Welcome Israeli Hostages After Hamas Confirms Imminent Release

Vice President JD Vance confirms 20 hostages held by Hamas are expected to be freed as Trump prepares to travel to Israel

New York Attorney General Letitia James Indicted in Virginia Following Trump’s Public Call for Charges

The indictment against AG Letitia James marks a dramatic escalation in tensions between former President Donald Trump and one of his most persistent legal adversaries, raising concerns over political interference in the U.S. justice system.

China’s Golden Week Travel Surge Conceals Fierce Price Wars in Tourism Industry

Despite record-breaking travel figures, hotels and tourism operators across China are slashing prices to stay competitive, revealing cracks beneath the surface of the country’s post-pandemic recovery.

Larry Lindsey Steps Back from Fed Chair Consideration Amid Trump’s Search for Powell Successor

The former Federal Reserve Governor cites personal reasons for withdrawing, as the White House weighs multiple contenders to lead the central bank through a pivotal economic period.

China’s Deepening Property Downturn Signals Prolonged Recovery Ahead

S&P Global Ratings warns of a sharper 8% decline in home sales this year as weak consumer confidence and limited policy easing weigh heavily on the world’s second-largest economy.

Macron Faces Internal Revolt as Former Allies Criticize Leadership Amid France’s Political Deadlock

Key figures from Macron’s own government call for early elections and propose reversing controversial reforms, signaling an unprecedented internal challenge to the president.

Senate Deadlock Continues as Government Shutdown Enters Eighth Day

Both Republican and Democratic stopgap funding bills fail once again, leaving federal workers in limbo and no clear path to reopen the government.

Fed Officials Split Over Future Rate Cuts as Labor Market Weakens and Inflation Pressures Ease

September’s Federal Reserve meeting minutes reveal a divided outlook on monetary policy, with most officials favoring two more rate cuts before 2025 ends — but growing uncertainty clouds how aggressive easing should be amid labor softness and political tensions.

France Faces Deepening Political Turmoil as Macron Scrambles for a Solution

With a third prime minister resigning in less than two years, France’s budget, reforms, and political stability hang in the balance.

China’s Growth Outlook Brightens as World Bank Lifts 2025 Forecast to 4.8%

Despite escalating trade tensions with the U.S., government stimulus and resilient exports are fueling cautious optimism for the world’s second-largest economy.

New Zealand Stuns Markets with Major Rate Cut to Spur Growth Amid Economic Weakness

The Reserve Bank of New Zealand delivers a surprise 50 basis point cut — double what analysts expected — as it aims to jumpstart a sluggish economy and keep inflation on track toward its target.

The U.K.’s Labour Market Puzzle: Where Are the Signals Hiding?

With unemployment data under scrutiny and economic inactivity elevated, analysts are leaning on alternative indicators and recruitment firms to decode Britain’s jobs picture

France’s Political Turmoil Exposes the Country’s Plunging Fiscal Outlook

As the nation cycles through its fifth prime minister in under two years, Paris struggles to rein in a deficit near 5.8% of GDP and a debt load above 113%, risking investor confidence and EU wrath

Air Travel Disruptions Worsen as U.S. Airport Staffing Crisis Deepens

Unpaid controllers, mounting absences, and a persistent government shutdown push the nation’s air traffic system to its limits

Sanae Takaichi Names Former Prime Minister Taro Aso as LDP Vice President in Strategic Power Move

Japan’s incoming leader forms a cabinet balancing fiscal stimulus and discipline as markets react sharply to her policy signals.

Japan Faces a Bond Market Reckoning as Sanae Takaichi Prepares to Lead the Nation

Abenomics returns to center stage as Japan’s first female prime minister eyes bold fiscal expansion, testing the patience of global bond markets.

France Faces Deepening Political Turmoil as Macron Struggles to Restore Stability

After the shock resignation of Prime Minister Sébastien Lecornu just 27 days into his tenure, President Emmanuel Macron stands at a political crossroads that could reshape France’s leadership and economic future.

France Plunges Back Into Political Turmoil as Lecornu Resigns — But This Crisis Runs Deeper Than Before

With Prime Minister Sébastien Lecornu stepping down just weeks into office, France faces another wave of political uncertainty that could reshape its power balance ahead of 2027.

China’s Economic Outlook Brightens: World Bank Lifts 2025 Growth Forecast to 4.8% Amid Trade Strains

Despite escalating U.S. tariffs and a cooling property sector, China’s economy shows unexpected resilience, prompting an upward revision in growth expectations.

Global Investors Tentatively Return to China Amid Market Reforms and Lingering Capital Restrictions

Beijing’s efforts to reopen its markets attract renewed interest, but foreign investors remain cautious over tight controls, policy uncertainty, and shifting geopolitical winds.

White House Warns of Potential Layoffs as Trump Weighs Endgame in Prolonged Government Shutdown

As the shutdown drags into its fifth day, officials signal looming furloughs and economic risks if bipartisan negotiations remain deadlocked.

Singapore Grand Prix Sparks Tourism Boom Across Asia-Pacific

From luxury hotel suites to multi-country itineraries, F1 fans are fueling travel and spending across the region, benefiting multiple economies.

Russia’s War Economy Strains as Kremlin Pushes Tax Burden Onto Citizens

Moscow plans tax hikes on businesses and consumers to sustain defense spending, even as growth slows and inflation squeezes households.

Putin Warns U.S. Against Supplying Long-Range Missiles to Ukraine, Calling It a “New Escalation Stage”

Moscow says American Tomahawk missiles would pose a direct threat but insists they won’t change battlefield dynamics. The warning comes amid rising tensions in Europe over airspace incursions and NATO’s growing defense posture.

China’s New K-Visa Sparks Fierce Debate Over Jobs and Foreign Talent

Beijing’s latest visa program aims to attract global STEM graduates, but critics fear it could worsen unemployment and tilt opportunities away from local workers.

Boston Fed’s Susan Collins Signals Caution on Future Rate Cuts

While supporting September’s rate reduction, Collins highlights persistent inflation risks and a softening labor market as reasons for measured monetary policy

Showdown Over Obamacare Subsidies Pushes U.S. Toward Government Shutdown

Dispute over ACA premium tax credits and immigrant eligibility threatens funding deal as millions of Americans face higher insurance costs

U.S. Faces Imminent Government Shutdown as Trump Meeting Ends Without Agreement

Vice President Vance warns funding impasse could begin Wednesday as lawmakers remain at odds

China’s Manufacturing Shows Signs of Recovery in September Despite Official Contraction

PMI edges higher as production and new orders improve, signaling cautious optimism for industrial growth

Australia Holds Interest Rates at 3.6% as Inflation Concerns Persist

RBA pauses rate hikes while core inflation remains elevated and economic growth shows resilience

Starmer Faces Defining Moment at Labour Conference in Liverpool

With business leaders restless, markets uneasy, and party factions pressing demands, the Prime Minister’s speech could shape the U.K.’s economic path.

Fed Faces Greater Uncertainty as U.S. Government Shutdown Looms

Key economic data may be delayed, leaving the central bank with less clarity on inflation and jobs as markets watch closely.

South Korea’s Population Crisis Threatens Long-Term Economic Growth

With fertility rates at historic lows, the “Miracle on the Han River” faces demographic and fiscal challenges that could reshape the nation’s future.

GOP Says Obamacare Tax Credit Debate Will Wait Until After Government Shutdown Threat

Republican leaders emphasize keeping the government open first, delaying negotiations on Affordable Care Act subsidies that impact millions of Americans.

Eric Adams Suspends 2025 Mayoral Re-Election Bid Amid Funding and Media Challenges

The New York City mayor cites campaign finance hurdles and intense media scrutiny as key reasons for stepping back, reshaping the high-profile race.

Trump Warns of Permanent Federal Job Cuts Amid Looming Government Shutdown

As the funding deadline approaches, the White House signals mass firings could replace furloughs, escalating pressure on Congress to strike a deal.

White House Warns of Potential Mass Federal Layoffs Ahead of Government Shutdown

OMB directs agencies to prepare for employee reductions as Congress struggles to pass stopgap funding

Democrats Stand Firm on Obamacare Protections as Government Shutdown Looms

Lawmakers clash over health-care subsidies with just days to prevent a federal shutdown

Fed’s Quarter-Point Rate Cut Leaves Wall Street Unmoved

Despite a widely expected 25-basis-point cut, markets show muted response as Fed signals caution on future policy moves.

UK Inflation Holds Firm at 3.8% — But Bank of England Unlikely to Shift Course

Central bank faces mounting pressure as price growth remains stubbornly high despite slowing wage gains

Stephen Miran Confirmed to Federal Reserve Board, Will Take Unpaid Leave from White House Role

Senate approval ensures Miran’s participation in critical FOMC meeting as debates over central bank independence intensify.

Appeals Court Blocks Trump from Firing Fed Governor Lisa Cook Ahead of Critical Interest Rate Vote

Federal judge’s ruling ensures Cook can participate in the pivotal FOMC meeting as legal battle over her removal continues.

Chinese Yuan Climbs Against U.S. Dollar but Slips Versus Global Peers: Understanding the Currency’s Divergent Path

Beijing’s strategic currency moves lift the yuan against the dollar, but its broader weakness raises concerns about trade competitiveness and policy shifts.

India’s Inflation Seen Staying Stable Despite Devastating Punjab Floods and Heavy Rains

Analysts say strong food reserves, GST cuts, and a resilient supply chain will help contain price pressures even as extreme weather damages farmlands.

Leah Rosenfeld

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September 16, 2025