The debt ceiling. On Thursday, Treasury Secretary Jacob Lew warned that the US would exhaust its ability to borrow on November 5 unless Congress increases the debt ceiling. Emerging economies such as Brazil and Turkey are struggling to grow at all.
The USA has experienced soft patches in job growth before in this expansion, and officials have been expecting job growth to slow from its quick pace earlier this year and last.
The rate of United Kingdom economic growth slowed to a two-and-a-half year low in September, according to PMI survey data, suggesting that the economy sank further into a soft patch at the end of the third quarter.
“We are barreling toward a second cold war”, Rubio warned, while dubbing Putin’s moves a “power play” in the region. “With Jeb Bush getting no traction – in fact kind of stuck – people are looking around and giving Rubio more...
In its third rate cut this fiscal (20 bps in April and 10 bps in June), Axis Bank cut its base rate to 9.50 per cent from 9.85 per cent. “The new rate will be with effect from October 5, 2015″.
The reason? Trump said he’s anxious a few of the refugees – who have been fleeing Syria after years of civil war – could be members of the terrorist organization the Islamic State, or ISIS, in disguise.
In a speech late Thursday, Fed Chair Janet Yellen, who spoke a week after the Fed delayed a long-anticipated rate hike, said she and other Fed policymakers do not expect recent global economic and financial market developments to significantly affect the central bank’s policy.
“Labor has reported a healthy average of 212,000 job gains a month this year, but advances in August slowed moderately to 173,000 – a drop that many economists attributed to a tendency for initial payroll estimates in August to be undercounted because of seasonal...
Clinton’s operation raised more than million in the third quarter after a grueling fundraising schedule, compared with about $26 million for the Vermonter – who raised his money largely from online donations, and few in-person fundraising events. In July, the former...