October 2, 2025 United States: US Hiring Plans, Job-Cut Announcements Drop in Challenger Report US employers dialed back hiring plans in September and announced fewer job cuts, according to data from outplacement firm Challenger, Gray & Christmas. Companies last month announced plans to add 117,313 jobs, down 71% from a year earlier and marking the
October 1, 2025 The euro area’s annual inflation rate was 2.0% in August 2025, unchanged from July. A year earlier, the rate was 2.2%. Similarly, annual inflation in the European Union remained at 2.4% in August 2025, consistent with July. A year earlier, the rate was also 2.4%. Cyprus recorded the lowest annual
October 1, 2025 United States: US Firms Shed 32,000 Jobs in ADP Report After Data Adjustment Payrolls at US companies unexpectedly dropped in September, due at least in part to issues with data analysis. Private-sector payrolls decreased by 32,000 after a revised 3,000 decline a month earlier, according to ADP Research data released
September 30, 2025 United States: Trump Threatens Mass Firings as Federal Shutdown Deadline Nears President Donald Trump threatened to fire scores of federal workers as the US hurtles toward a shutdown with Democrats and Republicans at an impasse to fund the federal government. “We may do a lot and that’s only because of the Democrats,”
September 29, 2025 United States: US Gold Reserves Hit $1 Trillion in Value After Record Rally The US Treasury’s gold reserves have surpassed $1 trillion in value — more than 90 times what’s stated on the government’s balance sheet — as the precious metal breaks new all-time highs. The world’s biggest gold stash
September 26, 2025 United States: US Consumer Spending Posts Strong Gain Despite Sticky Inflation US personal spending rose at a solid clip in August for a third month, suggesting consumers continued to power the economy despite elevated inflation. Consumer spending, adjusted for changes in prices, increased 0.4% last month, according to Bureau of
