The European Central Bank (ECB) held its policy interest rate at 2 percent at its 11 September meeting.
Category: 16 September 2025
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ASIAN STOCK MARKETS SET RECORDS LAST WEEK
Equity indexes in Japan, South Korea, and Taiwan closed last week at record highs as investors bet the region’s chipmakers will gain greater benefits from the ongoing rally in artificial intelligence stocks.
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GERMAN UNEMPLOYMENT IS HIGHEST IN 10 YEARS
In August, the number of German workers without jobs surpassed three million for the first time since 2015, pegging the unemployment rate at 6.4 percent, government figures show.
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FRENCH GOVERNMENT’S DEBT COLLAPSE IS A WARNING TO OTHER COUNTRIES
Last week, by a vote of 364 to 194, France’s parliament threw out prime minister Francois Bayrou after he was unable to bring political factions together to solve the country’s €3.4-trillion debt crisis.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that will profoundly affect the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Thousands of U.S. oil and gas jobs have been cut this year, and more cuts are likely amid a downturn caused by price volatility, rising costs and tariff uncertainty.
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TECHNOCRACY BRIEFS: NY TIMES WONDERS ABOUT MIND-VASION, AND MORE SIGNS AI GAINING AS HUMANS LOSE
Meta has dominated a surge in smart eyewear this year, at least partly vindicating the company’s long-term focus on pushing devices that could act as a platform for its augmented and virtual metaverse vision.
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U.S. CONSUMER SENTIMENT SINKS TO FOUR-MONTH LOW
U.S. consumers’ view of the country’s economy slipped lower for a second consecutive month and bottomed at its lowest level in four months, according to the initial September survey of consumer sentiment by the University of Michigan.
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BLS BEGINS INTERNAL REVIEW UNDER WHITE HOUSE PRESSURE
The U.S. Labor Department has begun an internal investigation into the way its Bureau of Labor Statistics (BLS) collects data on inflation and job creation after Trump administration officials have raised questions about the authenticity of the BLS’s reports.
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BUSINESS HEALTH INSURANCE COSTS SKYROCKET
In 2026, businesses will see their costs for employee health insurance plans jump by an average of more than 9 percent, the biggest leap since 2010. A survey by business insurance firm Aon put the rise at 9.5 percent; a poll by WTW, also a business insurance provider, set the increase at about 9.2 percent.