CNBC Economy Full text
Singapore inflation hits highest in nearly two years, but undershoots expectations
Consumer prices rose 2.2% last month, compared with the 2.3% expected by economists polled by Reuters
The Wire
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Economy — 3,802 stories
CNA Economy Full text
US Treasury bought yen in July; Fed made no solo FX interventions in Q3
Nov 12 : The US Treasury bought Japanese yen in the July-to-September quarter, but the Federal Reserve did not intervene on its own in foreign exchange markets in the same period, the Federal Reserve Bank of New York said on Thursday.The…
The Guardian Economy
AI helps UK economy grow at fastest pace for more than two years
GDP ‘grew robustly’ by 0.7% in third quarter and by 0.2% month on month in September despite high oil prices AI helped the UK defy expectations – but will Britain’s resilience fizzle out? The UK economy grew by 0.7% in…
Euronews Economy
Which European country loses the most money when workers strike?
Ahead of Spain's first joint general strike since 2012, Euronews compares what a day of walkouts costs Europe's economies.
BBC News Economy
Australia considers criminal penalties for rogue AI in wake of OpenAI hack
AI safety regulator will also be created after a rogue OpenAI agent hacked government websites.
NBER Economy Full text
Unconventional Monetary Policy and Deposit Retention -- by Philip Strahan, Tuo Yang
The two dimensions of unconventional monetary policy — holding the short rate at the zero-lower bound (ZLB) and quantitative easing (QE) — shifted deposit composition toward more interest-sensitive customers. The ZLB…
PBS News Economy Full text
Home sellers are lowering their prices and helping buyers to make a deal in a stagnant market
The trend marks a stark turn from earlier this decade, when sellers often received well above their asking price as home shoppers empowered by rock-bottom mortgage rates fueled a buying frenzy that sent home prices soaring.
Federal Reserve Board Economy Full text
FEDS Note: Beyond Face Value: How Composition Changes Affect Import Unit Values of Light Vehicles
Robin Braun and Maria D. Tito Light vehicles (NAICS 33611) account for approximately 7 percent of U.S. merchandise goods imports, making it an economically significant trade category. Because motor vehicles also receive…
CNBC Economy Full text
Bessent's bond gambit aimed at calming markets is instead stirring inflation worries
The so-called breakeven rate hit its highest levels in more than two months.
The Guardian Economy
Water industry bonus ban to be tightened as Ofwat warns of ‘damage to public trust’
Regulator to hasten review over concerns that firms are ‘undermining’ rules to make large payments to bosses Business live – latest updates The water company bonus ban is set to be tightened after the regulator accused…
Euronews Economy Full text
China's trade surplus surpasses $1 trillion as AI boom powers exports
China's trade surplus ballooned to more than $1 trillion in October, official data showed on Tuesday, reaching the milestone even earlier than last year's record-breaking sum.
BBC News Economy
Californians reject wealth tax for billionaires
Proposition 40 targeted Californian billionaires with a 5% tax on their total wealth, including assets such as shares as well as income.
NBER Economy Full text
Target What? The Foundations of Poverty Targeting -- by Rema Hanna, Emily Breza, Benjamin A. Olken, Abhijit Banerjee, Arun G. Chandrasekhar, Gideon Moore
Most government transfer programs aim to target the poor. Doing so implicitly assumes that the lowest-consumption households have the highest marginal social valuation, i.e., have the highest social welfare gain from an…
PBS News Economy Full text
Treasury proposes rule to curb high-tech investments in China and other adversaries
The U.S. Treasury Department proposed a rule Thursday to crack down on American high-tech investments such as supercomputing and artificial intelligence in China, Russia, North Korea and other “countries of concern."
Federal Reserve Board Economy Full text
FEDS Note: Decoupling Direct Investment: American Firms’ Retreat from China
Cody Kallen For decades, China was a major destination for foreign direct investment (FDI) by U.S. companies. In the last decade, however, trade tensions, geopolitical risks, and investment screening have interrupted…
CNBC Economy Full text
Bessent's efforts in the Treasury market so far haven't worked. Here's what else he can try
Market experts showed skepticism at whether the push would succeed against a bevy of factors working against Treasurys.
The Guardian Economy
‘We can’t be at the bottom indefinitely’: Can Britain’s most maligned service station be turned around?
In 2022 and 2023, Hartshead Moor East, near Leeds, was voted the worst in Great Britain. Ever since, staff have been on a mission to redeem its reputation The crime issue of the Long Read magazine is out now. Click here…
BBC News Economy
Qantas to outsource 850 local jobs with most roles moving to India
The Australian airline said the move was aimed at modernising its IT systems and noted the impact of AI.
Euronews Economy
Portugal fuel prices drop 9 cents, biggest fall since March
The week began with a major fuel price drop in Portugal since March, down 9 to 9.5 cents for petrol and diesel; it could be bigger, but the government cut the ISP tax discount.
NBER Economy Full text
How Different are Different Differences-in-Differences? A Large-Scale Meta-Analysis -- by Peter Hull
I use AI-assisted replication to assess the empirical importance of negative weights in two-way fixed effects (TWFE) estimation, drawing on 1,346 staggered-adoption specifications from 108 economics papers. TWFE…
PBS News Economy Full text
Seeking to help Collins in Maine, Trump exempts some Canadian imports from his 50% tariffs
Collins, locked in a tight race with Democratic challenger Troy Jackson, issued a statement saying she'd spoken with Trump's top trade negotiator, Jamieson Greer, and Commerce Secretary Howard Lutnick "about the toll tariffs are taking on…
Federal Reserve Board Economy Full text
FEDS Note: Revisiting China's Current Account: Evidence from Recent Revisions
Harun Alp, Sina Ates, Colin Caines, Nathan Converse, Jasper Hoek, and Eva Van Leemput Global imbalances have returned to the forefront of policy debates, with China at the center of those discussions. China's trade…
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