Economy

  • Spain’s inflation hits 1-year high

  • Fed’s Beth Hammack says inflation hasn’t budged in years, rate cuts are risky

  • U.S. gold reserves surge 90x its book value to hit over $1 trillion

  • Singapore’s mega gold vault opens near airport, but demand still lags

  • Spain’s economy outpaces European rivals with triple credit rating upgrade

  • Global stocks, currencies, bonds, Bitcoin, oil and gold are all surging today

  • Alibaba surges 50% in September, tops Hang Seng tech index

  • RBNZ overhauls toolkit after pandemic inflation hurdles

  • South Korea and Japan call Trump’s billion-dollar funding demands unrealistic

  • Putin’s war and sanctions speed up Russian oil decline

  • Economists want Chris Waller as next Fed chair, but political reality points to Kevin Hassett

  • OPEC+ to boost production by 137,000 barrels amid price surge

  • Wall Street’s Warren Buffett indicator smashes past Dotcom and COVID-era highs

  • US rules out currency manipulation by South Korea

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  • US job growth stays tepid in September as unemployment holds at 4.3%

  • Slovakia tells Trump it has no plans to abandon Russian oil supplies

  • US stock market props up economy despite weak jobs and political risk. What could go wrong?

  • ECB’s Olaf Sleijpen says they won’t bail out governments with crisis instrument

  • UN sanctions to snap back on Iran as deadline expires tonight

  • Wall Street sees euro rally extending past $1.20

  • Supreme Court lets Trump block $4 billion in foreign aid spending

  • Fed’s Bowman urges decisive rate cuts to protect fragile job market