
U.S. Adds Just 29,000 Jobs in September as Unemployment Rises to 4.2%
Weak payrolls and downward revisions — July turned negative — point to a labor market losing momentum as the jobless rate ticks up.

Weak payrolls and downward revisions — July turned negative — point to a labor market losing momentum as the jobless rate ticks up.

Survey shows bullish sentiment falling sharply and bearish views rising after first Fed rate increase since 2023 and elevated crude prices.

As Singapore revamps taxes and visas, Hong Kong counters with crypto-friendly rules. Analysts see a rivalry that could expand Asia's wealth management pie.

Federal Reserve Governor Christopher Waller's comments on easing price pressures fueled market optimism, with investors betting on a pause in rate hikes.

Japan's currency hits multi-decade lows despite historic U.S.-Japan intervention, with traders bracing for further action.

Precious metals slide after Fed Chairman Kevin Warsh signals a possible rate hike to combat inflation, reshaping market expectations and hitting gold and silver prices.

President Lee Jae Myung promotes vice finance minister Lee Hyoung-il to top economic post and taps new defense chief, part of a six-minister overhaul to boost growth and investment.

Speaking at Jackson Hole, the Austrian central banker cites resilience, geopolitical price risks, and balanced inflation outlook while colleagues voice weak-dollar concerns.

Fed chair seeks to reassure investors, but dollar weakens, rate-hike fears persist, and threats to central bank independence intensify.

Trust fund depletion could trigger benefit cuts and market turmoil, yet the 2024 campaign has been largely silent.