India’s Economy Posts Robust Growth Despite Mideast Energy Shock
India’s economy maintained a solid pace of growth in the April-June quarter, showing resilience even as the Middle East conflict […]
Economics
An official gauge of China’s manufacturing activity rebounded by more than expected in August as output and market demand recovered
Output and market demand recovered in August, suggesting that the slowdown in manufacturing may have hit bottom in July. Source
Yen Caught Between Top U.S. Officials’ Remarks
The yen is under renewed pressure amid fresh expectations of Federal Reserve monetary tightening. Source link
The young rent-stabilized tenants of New York City represent a rare breed of their generation. A few of them opened their doors to The Wall Street Journal.
How hard is it to land a rent-stabilized apartment in NYC? Just the mention can “turn heads in rooms.” Source
Many small and medium-sized Canadian business owners expect to bear the brunt of the Trump administration’s tariffs
Honey, cosmetic and other exporters now face 50% levies. Source link
Warsh Makes the Case for Higher Rates and Raises the Bar for Standing Pat
A speech that quieted concerns about the Fed’s direction left the decision resting on the coming data, including an inflation
Scientists monitoring data from satellites and ocean buoys declared the onset of El Niño in June. It is shaping up to be among the strongest in living memory.
The weather phenomenon is already roiling industries, from shipping to copper to fish feed. Source link
Fed Chairman Kevin Warsh spoke today and the odds of an interest-rate hike rose double digits. Plus, Hegseth summoned the military’s top brass for a meeting and Russians got a little taste of direct democracy. Read more in today’s What’s News newsletter.
Plus, Hegseth considers another military all-hands and Russians get a small taste of direct democracy. Source link
Week Ahead for FX, Bonds: U.S. Jobs Data in Focus; Bank of Canada Decision Due
Focus will turn to U.S. jobs data as investors assess the health of the economy and the likely timing of
Federal Reserve Chairman Kevin Warsh signaled the central bank may not be done fighting inflation
“We must be confident that underlying inflation is moving to our objective,” the Fed chair said in a heavily anticipated