Economy

Tech Stocks Spark Rally as ECB Approaches – Reuters

Market Insights: European and Global Trends Ahead Asian stock markets experienced a positive shift, largely driven by renewed interest in…

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UK Consumer Spending Increases Ahead of Annual Budget, Surveys Indicate

By Suban Abdulla LONDON (Reuters) – British consumers modestly increased their spending in annual terms last month, despite concerns regarding…

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Samsung’s Q3 Profit Falls Short of Estimates Amid AI Chip Struggles, According to Reuters

Samsung Electronics reported on Tuesday a significant increase in its estimated third-quarter operating profit, projecting a jump of 274%. However,…

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Japan’s Real Wages Decline Again After Summer Bonus Increase, Spending Drops – Reuters

By Satoshi Sugiyama and Chang-Ran Kim TOKYO – Japan’s inflation-adjusted wages experienced a decline in August, following two months of…

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UK Business Confidence Declines Amid Growing Concerns Over Budget Tax Increases, According to BCC

LONDON (Reuters) – A recent survey has revealed that British businesses are increasingly pessimistic about their outlook due to concerns…

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Fed’s Musalem Indicates More Rate Cuts Likely, Yet Data Will Guide Policy Decisions

By Michael S. Derby Federal Reserve Bank of St. Louis President Alberto Musalem expressed support on Monday for more interest…

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US Rates Rise Again, Stocks Decline – Reuters

Asian Markets Preview A shift in sentiment regarding the Federal Reserve’s monetary policy followed the unexpectedly strong payroll numbers released…

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Factbox: How Regulators Have Overhauled Contentious Basel Endgame Capital Hike Rule

By Hannah Lang The Federal Reserve’s regulatory leader recently announced significant revisions to the Basel Endgame draft rule regarding bank…

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Potential Aggressive Fed Rate Cut Next Week May Backfire and Target Big Tech

Investing.com — According to BCA Research, if the Federal Reserve implements significant rate cuts next week while the economy appears…

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US Lawmakers Urge Biden to Address Tariff ‘Loophole’ for Chinese Small Package Imports

Majority of House Democrats Call on Biden to Close Tariff Loophole A significant number of Democratic members of the U.S.…

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