Economic News

By HarshitWASHINGTON, NOV. 17 — U.S. Treasury yields slipped on Monday as investors prepared for a dense week of long-delayed economic reports — the first meaningful read on the economy since the record-long government shutdown halted federal data releases for 43 days. The 10-year Treasury yield dipped slightly to 4.139%, down less than one basis […]

By Harshit, LONDON, NOV. 17 — European markets retreated on Monday after a bright start to the trading session, as renewed caution over global economic conditions, concerns about an overheated artificial intelligence sector, and shifting expectations for U.S. Federal Reserve policy weighed on investor sentiment. The pan-European Stoxx 600 fell 0.54% to 571.73 by midmorning

By Harshit, BURBANK, NOV. 13 — The Walt Disney Company (NYSE: DIS) capped off fiscal 2025 with a solid financial performance, as its theme parks, cruise lines, and streaming businesses delivered robust results that offset a softer year at the box office. Despite persistent macroeconomic uncertainty and shifting consumer trends, the entertainment giant posted stronger-than-expected

By Harshit, WASHINGTON, NOV. 13 — U.S. Treasury yields held steady to slightly higher on Thursday as financial markets responded positively to the official end of the longest government shutdown in American history, which stretched 43 days and left over a million federal workers furloughed. The move marked the formal reopening of the federal government

By Harshit, WASHINGTON, NOV. 12 — Inflation — the rate at which prices for goods and services rise — is one of the most closely watched indicators of economic stability. When prices increase too quickly, the purchasing power of money declines, eroding savings and creating uncertainty for businesses and consumers alike. In the United States,

By HarshitLONDON, NOV. 10 European markets surged on Monday as investor confidence improved sharply following progress toward a bipartisan deal in the U.S. Senate that could bring an end to the record-long government shutdown. The prospect of the world’s largest economy reopening fully helped lift global sentiment, reversing some of last week’s losses driven by

By Harshit, WASHINGTON, NOV. 7 / 8 AM EDT For the second consecutive week, the federal government shutdown has halted the release of the closely watched monthly jobs report, leaving economists, policymakers, and markets without official clarity on the state of the U.S. labor market. In the absence of the Bureau of Labor Statistics’ (BLS)

By Harshit, Tokyo, NOV. 7 Asia-Pacific markets fell on Friday, mirroring declines on Wall Street as renewed concerns over lofty valuations in artificial intelligence-related stocks rippled through global markets. Shares of major AI companies slid sharply in the U.S. during Thursday’s session, weighing heavily on semiconductor, software, and hardware sectors across Asia. The sell-off came

By Harshit, WASHINGTON, NOV. 6 / 9:20 AM EDT Layoff announcements across the United States surged sharply in October, reaching their highest level for the month in twenty-two years, according to new data from outplacement firm Challenger, Gray & Christmas. The report indicates that 153,074 job cuts were announced in October — a staggering 183%

By Harshit, LONDON, NOV. 6 European stocks edged slightly lower on Thursday as investors parsed a fresh round of major corporate earnings results and awaited key central bank decisions. The pan-European Stoxx 600 was down around 0.30% by midday, with most major indices and sectors trading in negative territory. France’s CAC 40 slid 0.84%, Germany’s