Euro zone inflation up a notch to 2.2% in November, flash data shows

Euro zone inflation stood at 2.2% in November, a slight rise from the previous month, flash data from data agency Eurostat showed Tuesday.

Industry 2025-12-02 18:02

RM1.3Mil Gone in Days: JB Kinder Boss Falls for Online “Investment”

A Johor Baru kindergarten owner lost her life savings of RM1.3 million to a non-existent online investment scheme after responding to a social media ad promising returns of up to 41%. Between Nov 6–21, she made multiple transfers to several accounts and was later pressured to “add funds” to release profits that never materialised. She lodged a police report on Nov 28; the case is being probed under Section 420 (cheating).

Industry 2025-12-02 16:50

The US Manufacturing Sector Wins While Net Zero Destroys Industry Elsewhere

The US manufacturing sector clearly outperforms all its G7 peers, especially Germany, France, and th

Industry 2025-12-02 16:05

UK snack brand Graze to be sold to Jamie Laing\s Candy Kittens

The deal comes as Unilever plans to offload some food brands to focus on care and beauty.

Industry 2025-12-02 02:20

'Worse Than COVID': Weak US Manufacturing Surveys Signal Stagflation In November

This morning's survey data on the US manufacturing economy comes as the post-shutdown slump in 'soft

Industry 2025-12-01 18:08

Key Events This Busy Week: ISM Mfg and Services, ADP, Core PCE And More

As noted earlier, Asia kickstarted December in a weak mood with Bitcoin down another -6% this mornin

Industry 2025-12-01 17:40

The Impossible Two Percent: Why Central Banks Cannot Afford Price Stability

The Two percent inflation target—monetary policys sacred commandment for three decades—has become st

Industry 2025-12-01 16:05

Game Over DOGE: US Starts Fiscal 2025 With Record Budget Deficit, Shocking Interest Expense

It was back in February, when we explained to Elon Musk why his strategy to shock the US government

Industry 2025-11-26 04:30

Consumer confidence hits lowest point since April as job worries grow

The board's Consumer Confidence Index slumped to 88.7, a drop of 6.8 points from the prior month for its lowest reading in seven months.

Industry 2025-11-25 23:08

Core wholesale prices rose less than expected in September; retail sales gain

The producer price index was expected to increase 0.3% in September, according to the Dow Jones consensus estimate.

Industry 2025-11-25 22:00

Private payroll losses accelerated in the past four weeks, ADP reports

Private companies lost an average of 13,500 jobs a week over the past four weeks, ADP said Tuesday.

Industry 2025-11-25 21:15

Bessent believes there won't be a recession in 2026 but says some sectors are challenged

Treasury Secretary Scott Bessent said the U.S. was not at risk of entering a recession in 2026 and that Americans would soon benefit from Trump's policies.

Industry 2025-11-24 02:11

Fed won't get key inflation data before next rate decision as BLS cancels October CPI release

The BLS said it was canceling the release of the October CPI, leaving the Fed without a key piece of inflation data before it next decides on interest rates.

Industry 2025-11-22 00:25

House Lawmakers Press Shein Over Sale Of Childlike Sex Dolls In The US

House lawmakers have asked fast-fashion retailer Shein to explain how childlike sex dolls were allow

Industry 2025-11-21 22:25

CapEx Spending On AI Is Masking Economic Weakness

The U.S. economys recent growth has a distinctive engine: large‑scale capital expenditures (capex) t

Industry 2025-11-21 21:45

Cleveland Fed's Hammack supports keeping rates around current 'barely restrictive' level

Hammack on Thursday gave indications that she thinks the central bank could be nearing the end of what could be a brief rate-cutting cycle.

Industry 2025-11-21 00:46

Delayed September report shows U.S. added 119,000 jobs, more than expected; unemployment rate at 4.4%

Nonfarm payrolls were expected to add 50,000 in September, according to the Dow Jones consensus estimate.

Industry 2025-11-20 21:31

Fed minutes show divide over October rate cut and cast doubt about December

While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less creation.

Industry 2025-11-20 03:01

Here's what to know about the 2025 Los Angeles Auto Show

The 2025 LA Auto Show will be Nov. 21-30 at the Convention Center in downtown Los Angeles. Here's what to know about the 10-day event.

Industry 2025-11-19 19:17

Factory Orders Data Show Rebound In August

As the macro data engine slowly starts to grind back into motion, we are given glimpses of what happ

Industry 2025-11-18 18:12