Economy

  • Fed chair hopeful Chris Waller vows he will press Trump on preserving Fed autonomy

  • Educated workers face worst job market in years

  • Trump’s Scott Bessent promises $100B-$150B in tax refunds next year, ~$1,000-$2,000 per house

  • US economy adds 64,000 jobs in November but unemployment rate climbs to 4.6%

  • China’s Hang Seng and MSCI indexes flirt with correction on economic growth fears

  • Trump administration cancels $41 billion AI, tech, quantum deal with UK

  • ECB slams Italy for budget moves impacting banks

  • Trump admin to hire ‘really smart people’ for two-year AI, tech roles

  • Trump tax cuts will benefit only the wealthy, not typical W‑2 workers

  • Wall Street braces for historic week of economic data including retail sales through home sales

  • US government partners on $7.4 billion critical minerals project to weaken China’s grip

  • Japan to offload over $500B in ETFs, vows to not let that crash global markets again

  • Falling Germany exports to China intensify calls for economic diversification

  • Copper surges by 2%, leads rebound in metals market

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  • China’s Xi calls for real‑world economic growth, denounces inflated GDP figures

  • China’s offshore yuan bonds surge to record amid dollar weakness

  • Oil slump drags Gulf equities down, Saudi stocks underperform

  • Fed chair contender Kevin Hassett reiterates that Trump won’t influence rate decisions

  • Complex equity note issuance tops $200 billion on strong demand from Asia’s affluent

  • Emerging‑market carry rally shines amid ebbing FX volatility, lifting 2026 outlook

  • Trump shortlist raises Kevin Warsh’s odds as next Fed chair

  • Rising deficits, inflation and fiscal disputes push US borrowing costs toward multi‑year highs