Judge Halts Trump’s Layoff Plan Amid 3rd Week of U.S. Shutdown
A federal judge blocks Trump’s plan to lay off thousands as the U.S. shutdown rolls into week three, triggering flight delays, rental hikes, and food aid risks.
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US Fed Sees Job Cuts Amid Economic Uncertainty, Plans More Rate Cuts
US Fed’s Beige Book shows firms cutting jobs amid weak demand and price hikes, as the central bank eyes more interest rate cuts.
US Furniture & Lumber Tariffs Hit Consumers Hard
US furniture and lumber tariffs are raising consumer prices, with shoppers expected to cover over half the costs, Goldman Sachs warns.
Chinese mainland’s social financing jumps 8.7% in September
Chinese mainland’s social financing rose 8.7% in September, with broad money supply (M2) up 8.4%, hinting at fresh liquidity and credit boosts.
IMF Warns US Tech Stocks Are Near Bubble Levels
IMF’s Jason Wu warns US tech stocks are nearing bubble peaks as valuations stretch globally, raising caution for investors eyeing the next market move.
2025 Bund Summit: New Order, New Tech Powering Global Change
The 2025 Bund Summit in Shanghai brings together 120+ global leaders to explore how ‘New Order, New Tech’ is reshaping finance, governance, and daily life.
Tariffs Boomerang: US Farmers Feel the Sting
US tariffs on vessels built and operated by the Chinese mainland drive up shipping costs, leaving US farmers grappling with higher export bills.
China’s Core CPI Grew 1% in September – What It Means for You
China’s core CPI rose 1% YoY in September for its fifth straight gain. Learn how this uptick affects everyday prices from groceries to gadgets.
IMF Forecasts 3.2% Global Growth in 2025, Flags US Tariff Uncertainty 📈
The IMF raised its 2025 global growth forecast to 3.2% but warns that high US tariffs and trade tensions cloud the outlook, while the Chinese mainland’s trade proves resilient.
New US Tariffs Shake Timber & Furniture Industry
Starting Oct 14, the US rolls out tariffs on timber & furniture, cutting imports 3% and shaking up the housing market.