News
Important Only
US government shutdown will delay Social Security 2026 COLA announcement
WASHINGTON, Oct 7 (Reuters) - Millions of U.S. retirees and other Social Security recipients will have to wait for a while to learn how big their checks will be in 2026 as the ongoing partial government shutdown is set to delay the release of September's consumer inflation data.The Social Se...Reuters
Tue, Oct 7
World Bank warns US tariffs on Indian exports to partly slow South Asia growth next year
NEW DELHI, Oct 7 (Reuters) - The World Bank said on Tuesday higher tariffs on Indian goods exported to the U.S. would be a drag on South Asia's economic growth rate in 2026, even as it remains shielded in the current year by government spending.The World Bank said growth in South Asia was expect...Reuters
Tue, Oct 7
Fed's Miran says calm bond market shows support for rate cuts
NEW YORK, Oct 7 (Reuters) - Federal Reserve Governor Stephen Miran on Tuesday said that the bond market’s current relative calm as measured by long-term interest rates supports a push to lower interest rates aggressively.Given that market signals in reaction to Fed policy changes can carry valuable ...Reuters
Tue, Oct 7
NY Fed finds rising worry about state of job market in September
Expected inflation one and five years from now rises in SeptemberHouseholds view current finances favorably, but future outlook downgradedFed faces challenge balancing inflation control with job market supportBy Michael S. Derby NEW YORK, Oct 7 (Reuters) - Americans grew more worried about the fu...Reuters
Tue, Oct 7
Canada's August trade deficit widens more than forecast as exports drop
August merchandise trade deficit widened to C$6.32 billionTotal exports dropped by 3% while imports increased 0.9%Trade surplus with the U.S. falls to C$6.43 bln in AugBy Promit Mukherjee OTTAWA, Oct 7 (Reuters) - Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 b...Reuters
Tue, Oct 7
Canada's Ivey PMI rises to 15-month high in September
TORONTO, Oct 7 (Reuters) - Canadian economic activity expanded at its fastest pace in 15 months in September as a measure of employment rebounded, Ivey Purchasing Managers Index (PMI) data showed on Tuesday.The seasonally adjusted index rose to 59.8 last month from 50.1 in August, marking its highes...Reuters
Tue, Oct 7
WTO downgrades global trade growth forecast to 0.5% for next year
2026 outlook 'concerning' but system is resilient, says WTO head2025 trade growth boosted by front-loading of goods to avoid tariffs Trade in AI-related goods this year also driving growthBy Olivia Le Poidevin GENEVA, Oct 7 (Reuters) - The World Trade Organization sharply lowered its 2026...Reuters
Tue, Oct 7
TREASURIES-US yields nudge lower as markets await Fed speakers
Miran, Bowman among Tuesday's Fed speakers Three-year notes due to be auctionedShutdown day seven means no data resumption yet WASHINGTON, Oct 7 (Reuters) - Benchmark U.S. yields were edging lower on Tuesday morning as investors awaited an auction of three-year notes and a series of speeches ...Reuters
Tue, Oct 7
Canada's August trade deficit widens more than forecast as exports drop
By Promit MukherjeeOTTAWA, Oct 7 (Reuters) - Canada's merchandise trade deficit widened in August to C$6.32 billion ($4.53 billion) as exports fell faster in both value and volume than the rise in imports on a monthly basis, official government statistics showed on Tuesday.The trade deficit in A...Reuters
Tue, Oct 7
Carlyle releases shadow labor report showing subdued US hiring in September
Oct 7 (Reuters) - Carlyle Group CG.O released a set of U.S. economic data on Tuesday, including a sharply lower estimate for September jobs growth, underscoring efforts by private firms to provide insights as the government shutdown stalls official statistics.The global investment firm estimated tha...Reuters
Tue, Oct 7
