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Bessent says U.S. will finish the year with 3% GDP growth, sees 'very strong' holiday season

Treasury Secretary Scott Bessent said the economy will end the year on strong footing and said the president was disappointed in economic coverage in the media.

Industry

Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected

The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.

Industry

Core inflation rate watched by Fed hit 2.8%, delayed September data shows, lower than expected

The delayed core personal consumption expenditures price index for September was expected to show a 2.9% annual increase.

Industry
The Problem With GDP

The Problem With GDP

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen

Industry
The Problem With GDP

The Problem With GDP

The consequences for us all end in a crisis of reality.The errors of economic and monetary managemen

Industry

Layoff announcements top 1.1 million this year, the most since 2020 pandemic, Challenger says

The firm said layoff plans totaled 71,321 in November, a step down from October but still enough to bring the 2025 total up to 1.17 million.

Industry
America's Great Build-A-Thon Comes With A Price Tag

America's Great Build-A-Thon Comes With A Price Tag

The United States is on the brink of an industrial transformation that could redefine its economic t

Industry
America's Great Build-A-Thon Comes With A Price Tag

America's Great Build-A-Thon Comes With A Price Tag

The United States is on the brink of an industrial transformation that could redefine its economic t

Industry

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

Industry

November private payrolls unexpectedly fell by 32,000, led by steep small business job cuts, ADP reports

The payrolls decline marked a sharp step down from October, which saw an upwardly revised gain of 47,000 positions.

Industry
US Industrial Production Sees Biggest Annual Gain In 3 Years Despite Slowing Capacity Utilization

US Industrial Production Sees Biggest Annual Gain In 3 Years Despite Slowing Capacity Utilization

First things first, this is data for September. But we would given this morning's Industrial Product

Industry
US Industrial Production Sees Biggest Annual Gain In 3 Years Despite Slowing Capacity Utilization

US Industrial Production Sees Biggest Annual Gain In 3 Years Despite Slowing Capacity Utilization

First things first, this is data for September. But we would given this morning's Industrial Product

Industry

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

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

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
The US Manufacturing Sector Wins While Net Zero Destroys Industry Elsewhere

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
The US Manufacturing Sector Wins While Net Zero Destroys Industry Elsewhere

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

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

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

'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
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