Indonesia's benchmark index fell more than 5% to a six‑year low as MSCI's proposed reclassification sparked fears of massive passive fund outflows.
Posts published in “Business”
China's economy grew 4.5% in the third quarter, helped by a surge in AI‑related exports, while domestic property investment fell more than 20% year‑on‑year.
Family Farmstead Dairy has recalled a lot of raw milk cheddar cheese after tests in Maryland found toxin‑producing E. coli, affecting stores in several northeastern states.
Tesla’s latest Roadster reservation agreement states the vehicle is still under development, offering no guarantee of delivery and providing only an approximate place in line.
Federal interest outlays hit $1.05 trillion, about $2.9 billion per day, rising 8% and surpassing spending, revenue and GDP growth in fiscal 2026.
The 10‑year Treasury yield climbed to 5.19% in October 2026, marking the steepest bond market decline since Alexander Hamilton’s Treasury was created, and pressuring retirees, borrowers and the federal budget.
Social Security benefits are set to rise 3.6% in 2027, but higher Medicare Part B premiums could eat into that increase for many retirees.
Tech shares fell over $1 trillion on Friday while Brent crude surged past $110 per barrel, reviving concerns over debt, inflation and higher interest rates.
The Labor Department reported a 1.3% rise in the September Producer Price Index, the strongest monthly gain since March 2022, as energy costs surge and core inflation pressures mount.
Fed Chair Kevin Warsh said the central bank will not give forward guidance on upcoming hikes, noting a worldwide wave of tighter policy and warning that there are “no free riders.”