October 3, 2025 United States: US Bond Yields Climb as Goolsbee Counsels Caution US Treasury yields advanced after Federal Reserve Bank of Chicago President Austan Goolsbee reiterated his view that officials should proceed carefully with interest-rate cuts. The benchmark 10-year which helps set a range of borrowing costs in the US rose nearly
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
September 25, 2025 United States: US Economy Grows at Fastest Pace in Nearly Two Years on Consumer Spending The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending. Inflation-adjusted gross domestic product, which measures the value
September 24, 2025 United States: Bessent Says US, Argentina Discussing $20 Billion Swap Line The US is discussing a $20 billion swap line with Argentina and is ready to buy up the country’s dollar bonds, Treasury Secretary Scott Bessent said, giving President Javier Milei “a bridge” until key midterm elections next month. The
September 23, 2025 United States: US Business Activity Cools as Growth of Selling Prices Eases US business activity expanded in September at the slowest pace in three months, while cooler demand limited the ability of companies to raise prices and offset tariffs. The S&P Global flash September composite output index fell 1 point
