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The global economy: growth, inflation, jobs, trade, debt and the macro forces shaping every market on the planet.
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Tech market sell-off deepens amid fears over US inflation and AI debt
Chip makers and tech investors such as Samsung and SoftBank plunge as global investors fret over potential interest rate hikes An accelerating sell-off of AI-linked shares has hit global markets, as fears over rising inflation and future interest rate hikes spooked traders already wary of the heavily indebted sector. South Korea’s benchmark KOSPI 200 index, which is heavily skewed towards the companies that make memory chips, fell more than 8% overnight to a six-month closing low, triggering circuit breakers that brought trading to a halt at various points. Continue reading...
3 min read · 17h ago
€The global economy is muddling through against the odds. But a storm is coming | Larry Elliott

Trump's diesel deal with Russia is unlikely to significantly lower global fuel prices despite expectations of rapid relief

US inflation rose to 3.7% in September, figures show

‘From liabilities to goldmines’: refineries eye record profits from diesel shortage

Is punishing the poor Trump’s last hand to play?

UK car industry faces ‘difficult trade-off’ between Chinese and EU markets

DoJ declines to reopen investigation into former Fed chair Jay Powell

US added just 29,000 jobs in September in sharp drop from last month’s gains

Global bond sell-off intensifies, as UK long-term borrowing costs pass 6%

Good news in US inflation report boosts chances Fed won’t hike rates

Global trade weathers Iran, Ukraine and Trump's tariffs

Foie gras, live dolphins and toasters: China and US cut reciprocal tariffs on $30bn of goods

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