Top-line inflation in the U.S. fell to 2.4 percent in September. Goldman Sachs analysts are speculating that the number could be rounded down to the U.S. Federal Reserve’s 2-percent target when the Bureau of Economic Analysis releases the updated Personal Consumption Expenditures Price Index on 31 October.
Companies that have borrowed from private credit funds and now face a financial squeeze are using a tactic called “payment in kind” (PIK) to skip their payments and conserve their cash.
Inflation may be easing, but the cost of health insurance is still on the rise.
U.S. consumer spending grew 0.4 percent in September, more than the 0.3 percent expected by Dow Jones and much stronger than August’s estimated 0.1-percent gain.
The U.S.’s annual budget deficit grew by $138 billion, or 8 percent, in the fiscal year that ended 30 September to $1.833 trillion.
On 16 October, Dutch tech firm ASML, which makes machines that make computer chips, warned of a slow year ahead in the semiconductor industry, outside of sales related to artificial intelligence (AI).
Not a peep from the Presstitutes—media whores who get paid to put out by their Corporate Pimps and Government Whore Masters—that gold prices keep hitting record highs.