The current U.S. government shutdown revolves around the ‘fiscal gambit’—a tactic where temporary health insurance subsidies are used to pressure lawmakers into a funding deal.
Bundesbank President Joachim Nagel has issued a stark warning to European leaders, outlining a three-point plan to combat the continent’s economic crisis driven by tariffs, Chinese competition, and institutional decay.
The Bureau of Labor Statistics is recalling staff to publish the September inflation report on schedule, ensuring timely Social Security cost-of-living adjustments despite the government shutdown.
Fed Chair Jay Powell navigates internal divisions and softening labor data as the central bank debates whether to cut interest rates before year-end.
In a major shift, New York Fed chief John Williams suggests interest rate cuts may be needed to protect a weakening labor market—especially as a government shutdown blocks key economic data.
New York Fed President John Williams is advocating for additional interest rate cuts this year, driven by emerging cracks in the labor market—even as inflation remains elevated.
In a revealing interview, New York Fed chief John Williams advocates for further rate cuts to protect a softening labor market, even as inflation remains above target.
As Germany rearms in response to the Ukraine war, struggling eastern towns are welcoming defense factories—even if it means embracing a contradiction for the far-right AfD party.
Once thriving on demand from China’s baby boom, Nestlé’s Irish formula factory is closing due to a dramatic birthrate collapse—but locals are fighting for a new future.
Negotiations between Broadway unions and producers are at a breaking point, raising the real possibility of a strike that could shutter shows across New York City.