Nobel prize in economics awarded to Robert E. Hall and Michael Woodford
Secretary General of the Royal Swedish Academy of Sciences Ellen Moons (C), Chair of the Prize Committee John Hassler (L)
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Economy
India’s retail inflation jumps to 5.54% in September, above estimates
Shoppers gather at New Market in Kolkata, India, on September 21, 2026, ahead of the Durga Puja festival. Nurphoto |
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World Bank jobs council urges ‘crisis-era’ employment support measures as IMF warns of AI
IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering
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Americans’ debt problems are flashing a warning not seen since the Great Recession
The ability of U.S. families to stay current on their debts worsened over the past three years, hitting levels not
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Treasury’s Bessent hires Trump’s controversial former Fed board pick, Judy Shelton, as
Judy Shelton, whose controversial economic ideas led the Senate to block her nomination to the Federal Reserve, has been appointed
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Inflation on many everyday items was entirely due to tariffs, NY Fed says
President Donald Trump speaks about his new tariff plan at the White House, in Washington, April 2, 2025. Brendan Smialowski
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Inflation fears on the rise as one-year outlook in Fed survey hits highest level since May
Inflation fears intensified in September, pushing the near-term outlook in the New York Federal Reserve’s monthly survey to its highest
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India’s central bank hikes rates for the first time since 2023 as inflation risks build
The Reserve Bank of India on Wednesday raised interest rates for the first time since 2023, joining several major central
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Why AI is both the hope and the hazard for world leaders, according to IMF chief Georgieva
NEW YORK, NEW YORK – SEPTEMBER 22: Kristalina Georgieva, managing director for the International Monetary Fund, speaks onstage during “Semafor:
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World Bank warns of AI concentration risks as it lifts East Asia and Pacific growth outlook
South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President
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