Poland Cuts Rates Again
Poland’s central bank cut its benchmark interest rate by 25 basis points to 4%—the sixth reduction this year—after inflation fell below target, according to Agnieszka...
The Next Fed Chairman?
In a discussion with reporters on Air Force One, President Trump was asked about his choice to replace Jerome Powell as Federal Reserve Chairman,...
Subchapter V Filings Hit All-Time High as Creditors Tighten the Squeeze
A federal program aimed at helping America’s smallest businesses restructure debt is seeing record use, with more than 2,200 Subchapter V bankruptcy cases filed...
US Trade Deficit Narrows Sharply in August, Boosting Q3 Growth Outlook
The US trade deficit narrowed sharply in August, falling 23.8% to $59.6 billion, as imports dropped 5.1% and exports rose slightly, Reuters reports. The...
119,000: Non-Farm Payrolls Beat Expectations
The US Bureau of Labor Statistics reports that the US nonfarm payrolls rose by 119,000 in September, beating economists' expectations, which were averaging around...
