Federal Reserve on Cusp of Rate Hike Amid Persistent Inflation, $100 Oil, and Geopolitical Strife

The Federal Reserve is widely anticipated to implement another interest rate hike next week, with market indicators on Thursday pointing to a strong probability of further tightening before the year…

South Korea’s semiconductor exports just tripled year-over-year. Is it too much of a good thing?

South Korea, a global powerhouse in advanced manufacturing and technology, is currently experiencing an unparalleled surge in its semiconductor exports, providing an immense boost to Asia’s fourth-largest economy and propelling…

Stanley Druckenmiller leads doubters who think Bessent’s bond ploys will fail

Treasury Secretary Scott Bessent’s recent bond market interventions, aimed at taming surging U.S. government debt yields, have elicited a modest decline in rates but are simultaneously drawing a growing chorus…

Private U.S. Payrolls See Modest August Gains, Signifying Broader Labor Market Deceleration

Private sector employment in the United States expanded by a modest 38,000 positions in August, falling short of both market expectations and the pace observed in previous months, according to…

China’s factory activity shrinks for second straight month, contracting less than expected

LIUZHOU, CHINA – China’s vast manufacturing sector experienced its second consecutive month of contraction in August 2026, according to official data released by the National Bureau of Statistics (NBS) on…

Escalating US-Canada Trade War: White House Bans Imports, Imposes New Tariffs as Ottawa Retaliates with CA$27.6 Billion in Duties

The simmering trade dispute between the United States and Canada has boiled over into an full-blown economic confrontation, with the White House announcing a sweeping ban on Canadian imports, including…

Bank of England chief warns new AI models threaten global financial stability

Andrew Bailey, the Governor of the Bank of England (BOE) and Chair of the Financial Stability Board (FSB), has issued a stark warning regarding the escalating risks posed by advanced…

Euro zone inflation is back above 3%. Higher interest rates are likely to follow

Eurozone headline inflation has unexpectedly rebounded, surging to 3.3% in August from 2.9% in July, marking its highest level since September 2024. This unwelcome acceleration, primarily driven by escalating energy…

Canada Implements Sweeping Retaliatory Tariffs Amid Deepening Trade Rift with United States

Canada’s comprehensive retaliatory tariffs on a broad spectrum of U.S. goods officially took effect on Tuesday, marking a significant escalation in the ongoing trade dispute between two of the world’s…

China’s Robust August Trade Growth Intensifies Global Calls for Rebalancing Amid Persistent Domestic Demand Weakness.

SHENZHEN, CHINA – China’s trade growth accelerated in August, driven by a powerful export performance that underscored the economy’s continued reliance on external demand, even as internal consumption struggled to…