Employment at US companies rose in October, signaling stabilization in the labor market after two straight months of declines. Private-sector jobs increased by 42,000 after a revised 29,000 decline in the previous month, according to ADP Research data released Wednesday. The median estimate in a Bloomberg survey of economists was for a gain of 30,000. (alg) Source: Bloomberg
U.S. President Donald Trump on Tuesday announced a trade deal with Indonesia, the latest pact in a bid to cement better terms with trading partners and reduce a massive trade deficit, even as the European Union readied retaliatory measures should talks between Washington and its top trading partner fail. "Great deal, for everybody, just made with Indonesia. I dealt directly with their highly respected President. DETAILS TO FOLLOW!!!" Trump said in a post on Truth Social. Indonesia's total trade with the U.S. - totalling just under $40 billion in 2024 - does not rank in the top 15, but it...
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds. While a Fed chief more friendly to cutting rates could be mixed for equities in the short term, it would translate into a weaker U.S. dollar, increased volatility in the Treasuries market and higher longer-term rates, meaning more expensive borrowing costs for mortgages and...
The annual core consumer price inflation rate in the United States, which excludes volatile items like food and energy, ticked up to 2.9% in June 2025, from a four-year low of 2.8% previously, just below market estimates of 3%. On a monthly basis, core consumer prices rose by 0.2%, following the 0.1% increase in May and compared with market expectations of a 0.3% gain.(alg) Sumber: Trading Economics
US President Donald Trump announced new weapons for Ukraine on Monday, threatening sanctions against buyers of Russian exports unless Russia agrees to a peace deal. This represents a major policy shift fueled by frustration over Moscow's ongoing attacks on its neighbor. However, Trump's sanctions threat came with a 50-day grace period, a move welcomed by investors in Russia, where the ruble recovered from earlier losses and the stock market rallied. Meeting with NATO Secretary General Mark Rutte in the Oval Office, Trump told reporters he was disappointed with Russian President Vladimir...
President Donald Trump warned on Monday that he would impose secondary tariffs of 100% on Russia if a peace deal with Ukraine isn't reached within 50 days. "We are going to be doing very severe tariffs if you don't have a deal in 50 days, perhaps 100%," he said during a meeting with NATO Secretary-General Mark Rutte. These secondary tariffs would penalize any country trading with Russia, allowing the U.S. to impose steep duties on imports from those nations. While U.S. trade with Russia dropped to $3.5 billion in 2024, indirect trade routes remain significant. Trump's proposed 100% rate is...
Asia-Pacific markets traded higher, tracking Wall Street gains overnight.
Japan's benchmark Nikkei 225 rose 0.41% after hitting a fresh record high on Thursday, while the Topix added 0.61%. South...
Both the STOXX 50 and STOXX 600 hovered around the flatline on Friday, as investors adopted a cautious stance ahead of further developments in trade talks between US President Trump and Chinese...
American consumers struggling to access food assistance payments due to the government shutdown are unable to fill their shopping carts, and that's "hurtful," according to the company behind Stop...