Economy

US Light Vehicle Sales Plummet as Federal EV Subsidies Expire

October sees a 6.5% decline in U.S. vehicle sales post-EV subsidy expiration, impacting market dynamics and jobs.

#evsales, #electricvehicles, #automotiveindustry, #subsidies, #usmarket

Federal Reserve Cuts Interest Rates Amid Economic Uncertainty

Fed lowers rates to counter moderate growth and inflation; future cuts depend on data. Market reactions mixed.

#fed, #interestrates, #economy, #inflation, #markets

U.S. Holiday Retail Sales Projected to Surpass $1 Trillion for First Time

Holiday retail sales in the U.S. are expected to exceed $1 trillion in 2025, highlighting consumer resilience amid economic challenges.

#economy, #retail, #holidaysales

WEF President Warns of Potential Bubbles in Cryptocurrency, AI, and Sovereign Debt

World Economic Forum's Børge Brende highlights financial bubble risks in cryptocurrency, AI, and sovereign debt during São Paulo visit.

#wef, #cryptocurrency, #ai, #sovereigndebt, #globaldebt

Federal Reserve Cuts Rate Again Amid Economic Uncertainty

Fed cuts key rate to 3.75%-4%, pausing bond reduction; markets mixed, mortgage rates hit 13-month low.

#federalreserve, #interestrates, #economy, #fomc

Fed Official Advocates Interest Rate Cut Amid Economic Uncertainties

Federal Reserve Governor Miran calls for rate cuts, citing restrictive policies and economic risks amid mixed indicators.

#fed, #interestrates, #economy, #miran, #ushutdown

Nobel Prize in Economic Sciences Awarded for Research on Innovation-Driven Growth

Mokyr, Aghion, and Howitt honored for insights into innovation-driven economic growth and creative destruction.

#nobelprize, #economics, #innovation, #growth

China's Economy Predicted to Surpass 170 Trillion Yuan by 2030

Chinese Premier Li Qiang projects China's economy to exceed 170 trillion yuan by 2030, signaling global trade opportunities.

#china, #economy, #trade, #globalmarkets

Turkey's Finance Minister Vows Crackdown on Market Manipulation

Minister Şimşek announces stricter regulations against market manipulation at Turkish Capital Markets Congress.

#turkey, #marketmanipulation, #finance, #regulation

Federal Reserve Cuts Interest Rates Amid Economic Concerns

Fed cuts rates by 0.25% amidst inflation and labor market concerns; mixed market reactions ensue.

#federalreserve, #interestrates, #inflation, #usmarkets

ADP Launches Weekly Employment Estimates Amidst U.S. Government Shutdown

ADP responds to U.S. shutdown with weekly private payroll data amid halted official economic reports.

#economy, #usgovernment, #employment, #adp

European Central Bank Holds Interest Rates Amid Global Trade Tensions

ECB holds key interest rate at 2.00%, balancing growth and inflation amid U.S.-EU trade tensions.

#ecb, #interestrates, #eu, #usatariffs, #eurozone

Federal Reserve Steps in Amid Prolonged Government Shutdown, Uses Private Data to Estimate Unemployment

Chicago Fed uses private data to gauge unemployment as government shutdown stalls official reports.

#governmentshutdown, #unemployment, #federalreserve, #usgovernment, #economy

IMF Projects Global Economic Slowdown Over the Next Two Years

The IMF's latest report forecasts a global growth slowdown, with risks including AI market corrections and China’s vulnerabilities.

#imf, #globalgrowth, #economy, #trade, #inflation

US Consumer Confidence Drops Amid Inflation and Political Uncertainty

Consumer confidence in the US dips in October 2025 due to inflation and political uncertainty, signaling economic concerns.

#economy, #inflation, #consumerconfidence, #federalreserve