Worries about the cost of artificial intelligence weigh on major indexes
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Pricey H-1B Visas Are the Least of the Problems. How Trump’s Policies Hit Labor Markets.
It is the administration’s other immigration curbs-deportations, worksite raids and restrictions on legal migration-that pose greater risks to U.S. job growth.
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Bessent Says U.S. Is in Talks With Argentina for $20 Billion in Aid
It marks another example of President Trump rewarding loyalists and punishing critics in Latin America.
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Washington’s Shutdown Blame Game Escalates as Deadline Looms
Lawmakers aren’t even officially in town this week but spent Wednesday blaming each other if a shutdown happens. President Donald Trump is having a dinner for cabinet members and staff later.
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New-home sales spike to 3-year high as builders pile on discounts to sell homes
Sales of new homes posted an unexpected jump in August as builders ramped up discounts and slashed prices to lure buyers.
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Get Rich or Get Wiped Out: Bitcoin’s Hottest New Trade
Perpetual futures offer traders extreme leverage to bet on cryptocurrencies.
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China to Stop Seeking Special WTO Treatment in Future Talks
Chinese Premier Li Qiang framed the decision as coming from “a responsible major developing country,” underscoring that Beijing continues to claim the status of a developing nation.
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German Companies Turn Gloomier as Economy Flounders
Confidence fell in September for the first time this year as companies said they were less satisfied with current conditions and saw a deterioration in manufacturing and services.
U.S. crude oil inventories fell by 607,000 barrels last week along with declines in product stocks , according to data released Wednesday by the U.S. Energy Information Administration.
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Canada Factory Sales Estimated to Have Fallen 1.5% in August
Factory activity in Canada looks to have stalled, with an early estimate of sales showing a pullback in August following a recovery the previous two months.
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New Zealand Appoints First Female Central Bank Governor
The New Zealand government has appointed Anna Breman from Sweden’s central bank as the country’s next central bank governor.
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Australian Inflation Accelerates to Highest Level in a Year
Inflation pressures are once again building in Australia, with a monthly reading hitting its highest level in just over a year in August.
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Wall Street Is Poaching Bankers in a Red-Hot Job Market
Dealmaking is picking up, and big firms are hunting for more bankers, even as hiring slows in many industries.
The Trump policy changes that Miran cites as justification for lower rates don’t necessarily deliver as promised, or have side effects.
