Economy

‘This year is just not a jewelry Christmas’: Meet a 64-year-old small businesswoman who’s seen her Main Street decline for the last decade

“Every downtown in every little town is beautiful,” said Lucy Slep of the Miner’s Emporium in Rocky Mount, N.C. “But without the businesses, it’s dead.”

Economy

‘This year is just not a jewelry Christmas’: Meet a 64-year-old small businesswoman who’s seen her Main Street decline for the last decade

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Chipotle CEO sounds alarm on the American economy: Gen Z and millennials are too burdened by unemployment and student loans to eat out

America’s officially running out of pennies — and it’s costing retailers millions

Brian Moynihan warns government shutdown risks slowing the economy—and urges policymakers to address fiscal concerns with a ‘clear head’

Powell gave traders a green light to double down on AI—but the markets punished Meta and Microsoft anyway

Trump and Xi Jinping meet at a temporary trade truce just days after China purchased its first U.S. soybeans from this year’s harvest

Why ASEAN membership matters for Southeast Asia’s smallest economy: It’s a ‘credible signal’ of stability to wary international investors

Powell warns not to count on a December rate cut just yet—the Fed is extremely divided, and a further cut is ‘not a foregone conclusion. Far from it’

America’s flatlining income growth is hitting Gen Z the hardest, throttling their shot at homeownership, JPMorgan report warns

Powell cuts rates in the dark in historic move, with no jobs data and Trump heckling from abroad

Governments are likely to pillage the $80 trillion ‘Great Wealth Transfer’ to fund their national debt, says UBS

You can expect a 0.25% cut from the Fed, says Wall Street, but little economic insight from Powell—after all, he doesn’t have much to go on

Wall Street is in a risk-on mood as it waits for Powell to deliver on the ‘Fed put’

Everyone thinks AI is replacing factory workers, but Amazon’s layoffs show it’s coming for middle management first

Europe’s giants still rule as startups struggle to crack the Fortune 500 Europe

From retail to tech, here are the 10 corporations that recently announced mass layoffs

PayPal and UPS are sparking a late-session rally, powering stocks to fresh records

Ford’s enormous F-150 becomes unlikely part of Japan’s efforts to woo Trump

Investor Cathie Wood predicts a ‘shudder’ in Big Tech valuations, saying higher rates may test investor faith

The world is about $4.5 trillion short of securing a sustainable food supply for the future, global food and ag business CEO says

WTO director-general says calling the trade wars the greatest disruption since the 1930s is ‘the understatement of the century’—but it’s not a repeat

Candy inflation has spooked so many consumers almost 80% say they’re forced to scale back how much to buy for Halloween

The world is headed for re-globalization not de-globalization, as ‘coalitions of the willing’ emerge, Mastercard chair and former USTR official says

Gold plunges below $4,000 as U.S.-China truce erodes haven demand

Nobel Prize winner says Venezuela has a ‘unique’ $1.7 trillion opportunity to privatize over 500 companies and reverse socialist ‘disaster’

‘Maduro started the war, President Trump is ending the war,’ says Nobel winner in hiding for her life

Rachel Reeves says the U.K. has been successful with Trump 2.0 because it shares the same concerns about global imbalances

Trump hails Milei’s Argentina win, says U.S. made ‘lot of money’

Why is Washington acting like the U.S. is in a recession?

Ray Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling and unproductive

China asks U.S. to protect ‘hard-won’ results before Xi-Trump meeting

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