US economy
Fed chair front-runner Hassett says ‘plenty of room’ to cut rates
[WASHINGTON] White House economic adviser Kevin Hassett, the front-runner to be the Federal Reserve’s next chair, told the WSJ CEO Council on Tuesday there is “plenty of room” to cut interest rates fu...
US job openings increase modestly in October
Labour market stagnation has been blamed on reduced labour supply amid a reduction in immigration
Small US businesses more optimistic on sales outlook
However, they are less upbeat about the economic outlook
Trump says court blocking tariffs would be ‘biggest’ security threat
He warns the country would be left ‘financially defenceless’ if the Supreme Court rules against him
Most countries avoided ‘protectionist virus’ this year, but US could be ‘epicentre of downside risks’ in 2026: DBS
The bank’s chief economist says to watch for more ‘DeepSeek moments’ from China and high levels of FDI in Asean next year
‘It’s staggering’ how Singapore is always thinking ahead: JPMorgan’s Jamie Dimon in exclusive BT interview
Global banking titan believes Singapore has big chance to be bigger financial hub; talks about succession, AI and US economy
Fed likely to trim rates again this week, but it could be a ‘hawkish’ cut
Futures markets are pricing in a near certainty that it will cut rates by another quarter of a percentage point, bringing them down to a range of between 3.5% and 3.75%
JPMorgan CEO Jamie Dimon says Europe’s slow bureaucracy poses major economic risk to US
He praises some European leaders but warns that politics is ‘really hard’ despite awareness of key issues
US weekly jobless claims drop to lowest level in more than three years
Initial claims for state unemployment benefits fell 27,000 to a seasonally adjusted 191,000 for the week ended Nov 29
