US pending home sales increase in October amid lower mortgage rates
Contracts to purchase previously owned U.S. homes increased more than expected in October, likely as lower mortgage rates pulled buyers…
BoE bond sales may be pushing up borrowing costs by more than thought, research shows
The Bank of England’s unwinding of its vast stockpile of British government bonds has likely raised gilt yields by more…
Fitch Ratings: Global Investment Managers Sector Outlook Is Deteriorating for 2026
Fitch Ratings’ sector outlook for global investment managers (IMs) is ‘deteriorating’ for 2026. Fitch has revised its subsector outlook for…
US government to shed 317,000 workers this year, Trump’s HR chief says
The Trump administration will shed about 317,000 employees this year, its human resources chief said, a higher figure than previously…
US retail sales growth slows in September; energy prices boost producer inflation
U.S. retail sales increased less than expected in September, suggesting consumer fatigue amid higher prices, though the moderation was not…
EU needs new approach to spending to boost growth, ECB’s Sleijpen says
The European Union needs to revamp how it spends money to revive growth, curbing state aid and redirecting funds towards…
How French teachers’ pensions leave students falling behind
France’s education budget is being squeezed by its pension system: of the 90 billion euros earmarked for schools next year,…
Early signs for Japan 2026 wages bolster case for near-term BOJ rate hike
Early signs on Japan’s annual wage negotiations for next year point to another round of solid pay hikes despite profit…
India’s economy likely grew 7.3% in July–September quarter- Reuters poll
India’s economy likely grew 7.3% in the July–September quarter, according to a Reuters poll of economists, underpinned by strong rural…
AI Capex Boom Raises U.S. Corporates’ Counterparty Exposure
The AI boom is providing significant recurring revenue streams for a small but growing list of corporates in the U.S.,…