Economic News

By Harshit Kumar Siddharth | October 6, 2025 | London, UK | 15:30 BST European equities faced turbulence on Monday as investors absorbed the news of France’s Prime Minister Sebastien Lecornu resigning unexpectedly, just weeks after assuming office. The political shake-up adds to a period of instability following the collapse of François Bayrou’s government, leaving […]

By Harshit Washington, October 5, 2025 – 6:00 AM EDT EV Sales Surge Ahead of Government Incentive Expiry Electric vehicle (EV) sales in the U.S. appeared to be gaining strong momentum, with battery-powered car sales surpassing 1.2 million last year—more than five times the total from 2021. Hybrid vehicle sales also tripled, according to S&P

By Harshit Paris, October 5, 2025 – 7:30 AM CEST Political Instability Sparks European Attention France’s political chaos has captured international attention this week, with neighbors in Italy observing with what newspapers described as gioia maligna—malicious joy. In less than two years, France has seen five prime ministers, a record unmatched even in post-war Italy.

By Harshit Washington, D.C., October 4, 2025 – 8:45 AM EDT Shutdown Silences Official Jobs Report The first Friday of October typically brings the Bureau of Labor Statistics’ (BLS) closely watched nonfarm payrolls report. This month, however, the release never came. The U.S. government shutdown forced the Labor Department to suspend activity, leaving economists and

By Harshit Tokyo, October 4, 2025 – 9:15 AM JST Hitachi–OpenAI Partnership Boosts Investor Confidence Shares of Japanese conglomerate Hitachi Ltd. surged more than 10% on Friday after the company announced a strategic partnership with OpenAI to develop artificial intelligence infrastructure and global data centers. The deal marks one of the most significant alliances yet

By Harshit, San Francisco, October 3, 2025 – 3:00 AM EDT A New Wave of Defense Startups Silicon Valley is witnessing a surge of defense technology startups that are drawing billions in venture funding and challenging the dominance of legacy contractors. Companies like Anduril Industries, recently valued at $30.5 billion, are leading the charge among

By Harshit, London, October 3, 2025 – 8:30 AM BST European Markets Build on Weekly Gains European stocks are set to open higher on Friday, continuing a strong week for regional equities. The pan-European Stoxx 600 gained 0.5% in Thursday’s session, reaching a record high before closing, marking its fifth consecutive day of gains. The

By Harshit, Washington, D.C., October 2, 2025 – 7:30 AM EDT Treasury Secretary Highlights Risks U.S. Treasury Secretary Scott Bessent warned Thursday that the ongoing government shutdown could weigh on economic growth. Speaking on CNBC’s “Squawk Box,” Bessent said, “This isn’t the way to have a discussion, shutting down the government and lowering the GDP.

By Harshit, New Delhi, October 2, 2025 – 8:30 AM IST A Gold Rush in India’s Digital Backbone India is witnessing a surge of investment in its rapidly expanding data center industry, as global tech giants, Indian billionaires, and even luxury real estate developers rush to stake their claim. Current data center capacity in India

Washington, D.C., October 1, 2025 – 8:30 AM EDT By Harshit Yields Fall Amid Weak Economic Signals U.S. Treasury yields fell on Wednesday after fresh data from ADP revealed a surprise decline in private payrolls, while traders continued to weigh the implications of the ongoing federal government shutdown. The benchmark 10-year Treasury yield slid nearly