Japan foreign reserves in August fall by record $79.6bn after yen support
Japan’s reserves fell 6.18% to $1.208tn in August after record yen-buying operations, with foreign securities leading the decline.
By David L. Chen 1 month agoSection
Economics
Waller signals support for holding rates steady at September meeting
Fed Governor Christopher Waller said he could back a September rate hold if imminent inflation data confirm progress toward 2%.
By Sarah Jenkins 1 month ago
Budget travel costs rise as Groupon and Hostelworld report activity gains
Airfares and gasoline climbed sharply in July, while Groupon and Hostelworld reported higher use of selected value-focused travel...
By Sarah Jenkins 1 month ago
US payrolls August 2026 rise 162,000 as unemployment holds at 4.1%
US employers added 162,000 jobs in August, far above surveyed forecasts, while unemployment stayed at 4.1% as the labour force als...
By David L. Chen 1 month ago
Private security industry 2025 revenue tops $50 billion estimate
The U.S. private security industry exceeded $50 billion in 2025, as a San Diego business association and S&P 500 companies raised...
By David L. Chen 1 month ago
Women’s August job gains estimate requires a closer look at BLS surveys
A CNBC calculation put women at 98% of August job growth, but it combines two BLS surveys that measure employment differently.
By Sarah Jenkins 1 month ago
Euro zone inflation August 2026 rises to 3.3% as ECB rate expectations harden
Euro-area inflation accelerated on energy costs, while easing core prices leave the path beyond a likely September ECB move uncert...
By David L. Chen 1 month ago
Andrew Bailey warns frontier AI could raise systemic cyber risks
The FSB chair told G20 officials that frontier AI may reshape cyber risk and erode confidence across an interconnected financial s...
By David L. Chen 1 month ago
ADP private payrolls rose 38,000 in August, missing forecasts
ADP said private employers added 38,000 jobs in August, led by health and education, while manufacturing and business services con...
By David L. Chen 1 month ago
Kevin Warsh Jackson Hole remarks keep inflation concerns in focus
Fed Chair Kevin Warsh said better-than-expected summer readings had not shown meaningful improvement in underlying inflation trend...
By David L. Chen 1 month ago
Treasury General Account buybacks remain an option, CNBC reports
Treasury could use cash held at the Federal Reserve for larger bond buybacks, but officials gave no commitment, amount or timetabl...
By David L. Chen 1 month agoHow to calculate the natural rate of unemployment
Use the frictional-plus-structural formula for a classroom exercise; real-world natural rates require model-based estimates.
By David L. Chen 1 month ago