The Wisconsin Senate race has significantly shifted, with Republican Eric Hovde gaining momentum against incumbent Senator Tammy Baldwin (D-WI). This transition has prompted the Cook Political Report (CPR) to designate the race as a tossup, reassessing it from a previous “lean Democrat” status. Hovde’s campaign is showing increasing strength in…

In a recent speech, Federal Reserve Bank of Boston President Susan Collins addressed the evolving landscape of U.S. monetary policy, notably in light of recent inflation trends and labor market data. Collins highlighted the weakening inflation indicators, suggesting that this shift could enable the central bank to pursue additional interest…

In Buenos Aires, Argentina’s monthly inflation rate is projected to have slowed to 3.5% in September 2023, marking the lowest rate since the end of 2021 according to a recent Reuters poll of economists. This decline is seen as a positive development for the administration of President Javier Milei, who…

Last week’s jobs report underscores the resilience of the U.S. labor market, revealing that while it is showing signs of a slowdown, its overall strength remains intact. Atlanta Federal Reserve President Raphael Bostic reiterated that the unemployment rate stands at 4.1%, a figure that aligns closely with the pre-pandemic notion…

As the 2024 presidential election in the United States approaches, a new Reuters/Ipsos poll indicates that former President Donald Trump has a significant advantage over Vice President Kamala Harris on various economic issues. The poll, conducted among registered voters, reveals that Trump leads Harris by notable margins on critical matters…

Billionaire investor Ray Dalio has expressed skepticism regarding the Federal Reserve’s rate-cutting trajectory following its recent reduction of the federal funds rate by half a percentage point. Speaking at the Greenwich Economic Forum, Dalio noted that the economy is currently in a state of “relatively good balance,” which implies that…

Zillow, a leading online real estate marketplace, has announced a new feature that integrates “climate change risk data” into its property listings, marking a significant pivot in how homebuyers assess potential investments. This recent initiative is a collaboration with climate risk analytics firm First Street, which aims to inform buyers…

Iran continues to maintain its crude oil exports from the Kharg Island terminal, despite recent escalated tensions prompting a flotilla of tankers to abandon the area. Following threats of retaliation from Israel against Iranian missile activities, three tankers—two very large crude carriers (VLCC) and one Aframax—were observed at the jetties…

As Thanksgiving approaches, shoppers planning to visit retail superstore outlets may need to reassess their strategies for holiday shopping. Major retailers like Walmart and Target have announced their decision to remain closed on Thanksgiving Day for the fifth consecutive year. This policy aims to allow employees across the country to…

FirstRand Ltd., South Africa’s largest lender by market value, has adopted a more optimistic outlook on the country’s economic prospects, projecting an increased probability of economic growth and currency stabilization. In a recent report from its investment-banking unit, RMB, the bank raised its bull-case scenario probability to 25%, up from…

Chile’s recent consumer price data has provided a slight reprieve for the central bank, with inflation rising at a rate lower than anticipated in September. In a report by the National Statistics Institute, prices rose only 0.1% month-over-month, aligning with the lowest analyst estimate out of a Bloomberg survey, which…