ECO

TL/DR - Moody's, a credit rating agency, warned that a potential U.S. government shutdown could negatively impact the nation's credit. The warning comes a month after Fitch downgraded the U.S. by a notch due to a debt ceiling crisis. A…

## ECB President Seizes Mobile Phones of Policymakers to Prevent Leaks European Central Bank (ECB) President Christine Lagarde has taken an unprecedented step to curb the leakage of information from the Governing Council. According to…

US President Joe Biden has issued a warning about the potential economic consequences of federal budget cuts and a looming government shutdown. With the clock ticking towards a possible shutdown, Biden emphasized the impact it would have on…

## China's Central Bank Takes Action Against Yuan Depreciation China's central bank has allegedly asked some of the country's largest lenders to pause squaring their foreign exchange positions in the market. This is an attempt to…

Tech CEOs Meet with U.S. Senators to Discuss Artificial Intelligence Safeguards WASHINGTON - Top technology leaders, including Elon Musk, Mark Zuckerberg, and Sundar Pichai, attended a closed-door forum on Wednesday hosted by Senate…

Japanese Prime Minister Fumio Kishida is expected to focus on easing the burden of rising fuel bills in his upcoming economic stimulus package. With a growing concern over inflation, the central bank is also set to come under political…

Headline: Chinese consumer prices return to positive territory in August Subheading: Analysts predict further policy support necessary to boost consumer demand BEIJING - Data released on Saturday showed a shift in China's consumer…

## Market Trends: Gilead Sciences and Kroger See Gains, Wall Street Awaits Inflation Readings The S&P 500 finished marginally higher last Friday, though significantly below its session high. All three major Wall Street averages posted…

**Airbnb and Blackstone Surge on S&P 500 Inclusion, Wall Street Closes Lower** On Tuesday, Wall Street's three major indexes closed lower, led by the Dow Jones Industrial Average, as Treasury yields and oil prices rose. The markets…

China's Economic Slowdown in Focus as Major Developer Faces Trouble China's economy is experiencing a slowdown, with policymakers attempting to rectify a downturn in the property market. Emphasis is being placed on the struggles faced by…