Economy

  • California’s tech boom lifts state revenue by $11 billion thanks to AI rally

  • Fed chair candidate Kevin Hassett backs Trump’s $2000 tariff stimulus idea

  • Russians won’t rush to the digital ruble, central bank admits

  • U.S. cancels October jobs report, making Fed’s December rate cut odds surge

  • Reeves condemns budget leaks as income tax u-turn undermines credibility

  • Fed’s Steve Miran calls for sweeping bank-regulation overhaul to reset post-crisis framework

  • US trade deficit falls to $59.6 billion, driven by steep import slide

  • Iran suggests common cryptocurrency for SCO members, China and Russia

  • Market jitters rise as UK budget day approaches

  • Australia’s wage growth remains elevated at 3.4%

  • US jobless claims edge higher to 232,000

  • India posts record goods deficit in October, gold imports rally 200% to drive the gap

  • China markets euro-bond program aiming for up to €4 billion raise this week

  • Technical red flags flash across U.S. stock market, rally may need breather

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  • Trump says Americans can expect their $2,000 tariff stimulus to arrive mid next year

  • European Union warns against broadening scope of U.S. steel tariff

  • India secures 2.2M-tonne U.S. LPG to cut trade surplus

  • ECB says rapid growth in stablecoins will complicate Europe’s monetary policy

  • South Korea cracks down as investors pile into foreign leveraged ETFs

  • Markets eye Nvidia earnings and economic snapshots from Japan and U.S. this week

  • China threatens Japan with economic reprisal and island patrols

  • Trump’s $2,000 tariff dividend would require congressional approval, Treasury says