US Economy
Oprah-backed restaurant chain files for Chapter 11 and shuts 12 US locations
True Food Kitchen, the health-focused chain the American talk show host invested in, has filed for creditor protection with roughly $42.1 million in debt.
Economy & World
Fed, central banks, geopolitics, trade and the macro forces driving the global economy.
Trade & Tariffs
Switzerland pushes back over the Trump gold bar: «The Rolex and the gold were a gift to the American people»
Swiss trade chief Helene Budliger Artieda told Bloomberg that the Rolex clock and gold ingot handed to the White House in November 2025 were a...
Economy & World
IMF sounds the alarm on debt and bond yields. Lagarde: France’s fix has to come from home
The International Monetary Fund warns that climbing sovereign yields are compounding an already fragile fiscal picture, while European Central Bank...
Fed & Central Banks
US inflation lands today: why the September CPI is the number that decides the Fed’s October 28 meeting
At 8:30 am ET the Bureau of Labor Statistics releases September consumer prices, with consensus looking for headline inflation to climb to 3.7%...
Economy & World
IMF raises Italy’s 2026 growth forecast to 0.8% and holds global growth at 3.1%
The IMF’s October World Economic Outlook lifts Italy’s 2026 GDP estimate by 0.3 points and keeps world growth at 3.1%, while energy, inflation and...
Fed & Central Banks
Eurozone inflation hits 3.8%, an ECB policymaker doesn’t rule out an October hike as sovereign yields rise
Three weeks before the October 29 meeting, hotter inflation and a Fed leaning toward another hike are pushing euro-area bond yields higher.
Fed & Central Banks
Fed minutes show most FOMC officials expect another rate hike by year-end as 10-year Treasury yield rises to 5.33%
The minutes of the September 15-16 meeting show the Federal Reserve’s tightening turn under Kevin Warsh is no one-off, with AI-driven investment,...
Fed & Central Banks
Fed minutes: most FOMC members see another rate hike by year-end as 10-year Treasury yield hits 5.33%
The minutes of the September 15-16 meeting, released Wednesday evening, show that most FOMC participants consider another rate hike likely before...
Trade & Tariffs
US trade deficit jumps to $105.6 billion: are tariffs failing?
The U.S. trade deficit hit its highest level since March 2025 as imports reached a record $420.8 billion, with domestic demand and the AI...
Trade & Tariffs
Are U.S. tariffs a flop? Trade deficit widens to $105.6 billion as imports hit a record
The U.S. trade deficit jumped to $105.6 billion in August, its highest since March 2025, as record imports driven by domestic demand and the AI...
