OCOTBER 1, 2025
U.S. dollar banknotes are seen in this illustration taken March 10, 2023. REUTERS/Dado Ruvic/Illustration
LONDON/NEW YORK - The U.S. dollar slid to two-week lows against the yen on Wednesday after data showed private-sector jobs in the world's largest economy contracted last month, boosting expectations that the Federal Reserve will cut interest rates two more times this year.
Against the...
OCTOBER 1, 2025
S&P 500 Futures Inch Up and Alibaba Stock Jumps.
Stocks were slightly higher Wednesday after the government shut down. Gold futures set another high, hitting $3,900, while Treasury yields and the dollar slipped.
The open was lower, reflecting shutdown concerns. Stocks perked up modestly later, driven in part by sharp gains across the pharmaceutical sector following Tuesday’s announcements.
Wednesday morning’s...
OCTOBER 1, 2025
Lately, some employees are noticing an ominous trend in their career trajectories.
A new report from career platform My Perfect Resume found that nearly two-thirds of U.S. workers say that they've experienced "ghost growth," or surface-level career growth that doesn't translate to meaningful changes in pay or title, based on a survey of 1,000 employed Americans.
Nearly half of respondents felt that their...
OCTOBER 1, 2025
Data the Fed can watch, like reports from the Conference Board, are showing recession fears, while BLS data goes unpublished during a government lockdown. - Chip Somodevilla - Getty Images
Wall Street remains optimistic about avoiding recession, but consumer confidence is sliding, with the Conference Board’s Expectations Index falling further into recessionary territory in September. Confidence in business conditions...
OCTOBER 1, 2025
US Government Shutdowns usually strike federal employees in the form of furloughs, with pay delayed until the government reopens. - Aaron Schwartz/Bloomberg News
The federal government shutdown began at 12:01 a.m. Wednesday after Democrats and Republicans failed to reach a deal on a short-term spending plan.
Shutdowns can squeeze the economy in different ways, from missed paychecks for hundreds of thousands of...
SEPTEMBER 30, 2025
Qian Zhang has lived in Lisbon since 2023.
When Qian Zhang boarded a flight from Shanghai to Boston at age 18, she thought she was heading toward the "best version" of her life. It was 2009, during President Barack Obama's first term, when the U.S. economy was rebounding and opportunities for well-educated workers seemed plentiful.
She was bound for...
SEPTEMBER 26, 2025
In today’s world, our phones carry almost everything about us, which makes data privacy more important than ever. With India’s new Digital Personal Data Protection (DPDP) Act now in effect, retailers are facing a major shift in how they handle customer information.
For years, shops have used details like mobile numbers to run loyalty programs and make shopping...
SEPTEMBER 26, 2025
Trump Meets Pakistan PM Shehbaz Sharif.
President Donald Trump hosted Pakistan's prime minister, Shehbaz Sharif, for talks Thursday at the White House in the latest sign of warming relations between the United States and the South Asian nuclear power.
Sharif was among the top officials from eight Arab or Muslim countries who met with Trump on the sidelines of...
SEPTEMBER 26, 2025
Indian External Affairs Minister - S Jaishankar.
NEW DELHI: External affairs minister S Jaishankar on Thursday delivered a pointed message on global conflicts, terrorism and took a veiled swipe at the United States over its stance on Russian oil while stressing the urgency of multilateral reforms.
Addressing the G20 Foreign Ministers' meeting, Jaishankar called out the "double standards" over buying...
SEPTEMBER 25, 2025
FILE PHOTO: A view shows contrails left behind by airplanes in the sky over the White House, in Washington, D.C., U.S., February 28, 2025. REUTERS/Brian Snyder/ File Photo
WASHINGTON, D.C. - The White House asked federal agencies on Wednesday to prepare plans for mass firings during a possible government shutdown next week, marking a sharp departure from the...
