Economics
France Gets Fresh Warning on Finances as Moody’s Turns Negative
Moody’s Ratings cut France’s credit outlook to negative from stable, adding to warnings on the country’s bloated public finances as a weakened minority government struggles to pass a budget.
Economics
US Cut by Scope Ratings After Three Weeks of Shutdown Stalemate
The US was cut by one notch at Scope Ratings after more than three weeks of Washington stalemate over government spending triggered action by...
Economics
Paraguay Central Bank Holds Interest Rate as Inflation Cools
Paraguay’s central bank held its benchmark interest rate steady at 6%, reiterating that it sees inflation converging to its target next year.
Economics
Economists Urge Carney to Set Output Targets Amid Debt Binge
Some economists are urging Canadian Prime Minister Mark Carney to set clear economic and investment targets when his government delivers its upcoming budget.
Economics
Milei’s Chainsaw Infuriates Voters He Needs to Salvage His Presidency
Spending cuts hit the middle class hard, leaving the libertarian at risk of becoming a lame duck after this weekend’s crucial midterm election.
Economics
South Africa, Nigeria Exit Watchdog’s Dirty Money List
South Africa and Nigeria were taken off a global watchdog’s dirty-money list, providing a fillip for increased remittances and foreign investment in two of...
Economics
Trade Talks Were Making Progress Before Trump Blowup, Carney Says
Prime Minister Mark Carney said Canada is prepared to resume trade talks “when the Americans are ready,” hours after US President Donald Trump halted...
Economics
Bank of England Probes Data Center Lending Amid AI Bubble Fears
The Bank of England is reviewing lending to data centers that are a one way bet on the future of artificial intelligence.
Economics
Bundesbank Head Says EU Must Be Ready to Retaliate Against China
Bundesbank President Joachim Nagel said he hopes that Europe can overcome trade difficulties with China, but should be ready to take firm action if...
Economics
ECB’s Villeroy Warns Deregulation Could Seed Financial Crisis
An excessive relaxation of standards in the financial industry could trigger stress resembling the 2008 meltdown, European Central Bank Governing Council member Francois Villeroy...
Economics
Here Are the Key Takeaways From the US CPI Report for September
Here are the key takeaways from the US consumer price index report for September, released Friday:
