China and U.S. Set for Malaysia Trade Talks on Oct. 24-27
Chinese Vice Premier He Lifeng will meet U.S. officials in Malaysia Oct 24-27 for key economic and trade consultations.
Economy
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Fed Survey: Companies Slash Jobs as Uncertainty Takes Hold
The Fed’s latest Beige Book finds U.S. companies cutting jobs amid rising economic uncertainty and higher prices, as prospects of more rate cuts this year grow.
U.S. Consumers to Shoulder Over Half of Trump’s Tariffs, Goldman Sachs Says
Goldman Sachs warns U.S. consumers will bear 55% of Trump’s tariffs this year, driving inflation up to 3% by December.
Chinese mainland trade up 4% in first 9 months of 2025
The Chinese mainland’s imports and exports climbed 4% to 33.61T yuan in the first 9 months of 2025, with exports up 7.1% and imports dipping 0.2%.
Lai Ching-te’s Leadership Under Fire After DPP Setbacks
Lai Ching-te’s second National Day speech contrasts with DPP’s legislative losses, a failed recall vote and a shrinking manufacturing PMI in the Taiwan region.
Gold Soars Past $4,000/Oz, Smashing Record!
Spot gold prices topped $4,000 an ounce for the first time, closing at $4,004.40 and prompting Goldman Sachs to raise its December 2026 forecast.
French PM Lecornu Reveals New Cabinet Lineup
French PM Sebastien Lecornu announced his first cabinet lineup with Bruno Le Maire as defense minister and Roland Lescure as economy minister. 18 names were unveiled ahead of Monday’s meeting.
US Government Shutdown Puts Democracy on Pause
The US government has shut down, halting parks, paychecks, and economic data. What does this latest political deadlock mean for citizens and markets?
US Government Shutdown Sparks a ‘Soft Default’ Scare
As the US faces a partial shutdown, worries grow over a soft default on American debt. Here’s what young investors and global markets need to know.
US Government Shutdown Sparks Blame Game
Senate fail leads to first federal shutdown in 7 years, costing billions and furloughing thousands in a fresh blame game.