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US ECONOMY DATA IMPACT
Can America lag China in the AI race? A new threat is cropping upThe pause on data center construction in New York reveals a significant conflict between the accelerating demand for AI and the limitations...
Global Market: China Q2 growth slows to 4.3% yoy; Asia, metals stocks likely to remain volatileChina's economy grew 4.3% year-on-year in the second quarter, missing market expectations and marking its slowest pace since late 2022. The...
Iran-linked vessels pass through Hormuz ahead of US blockadeVessels transited the Strait of Hormuz linked to Iranian trade before a US blockade took effect. Nine of eleven vessels passed through the ...
New York won't build big data centers for a year as it weighs energy and climate risksThe move pushes the state into a raging debate over how to regulate the AI industry, as concerns over rising electric bills and environment...
US stocks today: S&P 500 and Nasdaq open higher as CPI, bank earnings take focusUS markets opened mixed as softer inflation data boosted expectations of a less aggressive Federal Reserve. The S&P 500 and Nasdaq gained, ...
New York becomes first US state to impose a data center moratoriumThe moratorium positions New York at the forefront of a growing national debate over how to manage the infrastructure needed to support art...
New York first US state to ban new data centres for a yearNew York has paused large data center construction for one year. This action addresses concerns about rising power costs and strained water...
US job cuts: Moody's chief economist Mark Zandi sees 'big warning' signs in June data. Here's why he's worried about the labour marketEconomists question the strength of the June US jobs report. Mark Zandi notes falling labor force participation drove the unemployment rate...
Fed's Waller says higher rates possibly needed in 'near term'Federal Reserve Governor Christopher Waller signalled that interest rates may need to rise in the near term if inflation remains elevated. ...
Gold slides over 1% as oil surges on Strait of Hormuz closure fearsGold prices declined over one percent in early Asian trade Monday. Oil prices jumped sharply, increasing inflation concerns and interest ra...
Fed officials divided on US inflation views; US home prices hit all-time highThe International Monetary Fund predicts a modest global economic growth of three percent for this year. In the United States, home prices ...
Inadequate, insufficient evidence on forced labour 301 probe: India tells USIndia has informed the US that its tariff determination lacks sufficient rationale. New Delhi argues the US Trade Representative's report u...
IMF growth downgrade, Fed split and oil fears dominate week in global economyThe International Monetary Fund forecasts a sluggish global economic growth of three percent this year. US home prices have reached an all-...
OECD faces $500 billion productivity hit by 2040 as ageism keeps older workers sidelined: WEFAgeism may cost OECD economies nearly $500 billion in productivity losses by 2040. Older workers face longer unemployment spells and struct...
5 world market themes for the week aheadTSMC's earnings will offer insights into AI chip demand this week. Wall Street banks are set to report, with expectations for strong corpor...
Japan's wholesale inflation spikes as fuel costs, weak yen biteJapan's wholesale inflation surged at its fastest pace in over three years. This acceleration was driven by rising fuel and metal prices, a...
AI boom drives intangible investment to record level: UNGlobal intangible asset investments reached over $10 trillion in 2025. This growth significantly outpaced tangible investments over recent ...