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The UAE is projected to become the world's biggest generator of solar electricity by 2031, with the capacity of renewable energy sources in the Middle East as a whole set to triple through that span, the...
On November 6, Zheng Shanjie, Chairman of China’s National Development and Reform Commission (NDRC), hosted a symposium with private enterprises to solicit feedback on economic performance and policy priorities for 2025. Representatives from sectors including petrochemicals, electronics, livestock, and advanced materials highlighted concerns regarding financing, energy access, policy implementation, and market competition. The NDRC emphasized its commitment to advancing the "15th Five-Year Plan" and the "Six Networks" major infrastructure projects, aiming to broaden participation for private investment. Official data shows that private investment in China fell 10.4% year-on-year in the first nine months of 2024. Consequently, policy support is increasingly shifting toward project promotion, resource guarantees, and improving the broader market environment.
▲ Meat display section at a supermarket in Seoul The UN Food and Agriculture Organization (FAO) Food Price Index, which had been on an upward trend for three consecutive months, reversed to a decline...
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The US urged Beijing to meet commitments from a 2025 accord — particularly on agricultural purchases and rare earths supply. China, meanwhile, expressed concern over the US' "economic, trade restrictive" measures.
In September, a poll found that 70 percent of Democrats and 57 percent of Republicans supported limiting the construction of new data centres in the United States.But that opposition was tested in Tuesday’s...
The government has selected 28 priority products and technologies, including semiconductors and artificial intelligence, for public and private investments totaling over ¥370 trillion, which are a pillar of...
Bank of Japan Gov. Kazuo Ueda speaks during the 2026 Michel Camdessus Central Banking Lecture at the IMF headquarters in Washington on Friday. | ...
minutes agoDaniel ThomasandRaphael Sheridan,BBC NewsSuppliedThe BBC spoke to three people about how they could be affected by rising interest rates On Thursday, the Bank of England increased interest rates...
Samford University’s growing campus and the people it draws to Homewood supported an estimated $1.08 billion in economic output across Alabama during fiscal year 2025, according to a study by the Public...
HOUSTON, Texas (KTRK) -- Governor-elect Gina Hinojosa is promising to pause construction of new data centers to "protect Texans." Still, a political expert says the ban will apply only to new projects, not...
According to the World Bank's International Debt Report 2026, Nigeria owed China $5.67bn in bilateral debt at the end of 2025, making it the largest bilateral creditor. Nigeria's total external debt stock...
Trump-Xi Busan deal aimed to ease tariffs and tech restrictions; progress hinges on China’s fulfillment of commitments.United States Treasury Secretary Scott Bessent and US Trade Representative Jamieson Greer...
Workers perform at Skaramangas Shipyards in Greece. File Photo. Credit: Paris Sarrikostas / Skaramangas Shipyards via ANA-MPA Greece recorded the second-lowest average annual salary in the EU in 2025,...
An article from Dive Brief “The strong October jobs report should keep the Fed focused on inflation and on track to hike again in December,”...
How employment changed by industry amid big structural shifts in the US economy. By Wolf Richter for WOLF STREET. Automation and computerization have been employment disruptors for many decades, and then came...
The party's success was fueled by frustrations over the cost of living. But in divided government, they'll face opposition from Republicans in Congress and a president vowing to use his veto pen.
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Budget 2026 includes a large swath of tax changes, threshold and credit updates aimed at reducing the “time tax” Canadians pay every year to file their returns at tax season by making some elements...
By Megan Cerullo Reporter, MoneyWatch Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting. Read Full Bio November 6, 2026 / 3:50 PM EST / CBS News Add
The jobless rate for veterans fell to a stunning 2.7% in October as employers added 165,000 hires, far exceeding market estimates of 60,000-65,000 non-farm jobs, according to the monthly jobs report from the...
Today was an odd one for mortgage rates. Anyone who's been following the rate market for very long will tell you that the monthly jobs report is one of the most reliable source of volatility for rates. In general, when job growth is much stronger than expected, rates rise and vice versa. But in today's case, rates managed to hold perfectly flat despite the jobs report absolutely crushing expectations. Understand that no one who is offering a reason for this would have predicted this result if they knew the jobs numbers ahead of time and were simply asked to predict how rates would react. In other words, the only reason you're getting their explanations is because the paradoxical market reaction demanded a different narrative. The only things that were true both before and after the jobs report were as follows: The Fed recently said it was almost exclusively focused on the inflation side of its dual mandate (stable prices + maximum employment). Bonds/rates have been preoccupied taking cues from concerns about the tech sector and heavy selling in tech stocks. Bonds/rates/stocks are still in the process of making sense of this week's election results. Markets have been more interested in the unemployment rate component of the jobs report than the payroll count (it was the latter that really surged in today's data). None of these bullet points would have fully predicted the paradoxical resilience in rates today, but they perhaps help get us close to wrapping our minds around it. At the end of the day, the average lender was right in line with yesterday's levels--the lowest since September 22nd. [thirtyyearmortgagerates]
Prime Minister Mark Carney's government unveiled a budget Thursday that covered more than $150 billion in spending, detailed in a 500-plus-page document. As Canadians attempt to parse what the budget means for them, here are answers to some of the questions sent in by CBC readers, viewers and listeners.
Republic Services has established a dedicated contact line and email address for customers in Catawba County, North Carolina, to streamline inquiries regarding pickups, accounts, and services. The phone line will operate weekdays from 9 a.m. to 5 p.m., offering a callback option to reduce wait times. This initiative aims to connect residents with a specialized team familiar with local operations, enhancing service for the county's unincorporated areas.