United States

Meta invests $1.5 billion in Texas for new one-gigawatt AI data center, creating 1,800 jobs

The site will support advanced AI models, aligning with Meta's vision of achieving superintelligence by 2028 

Google announces $15 billion investment in new India AI data center, largest outside U.S.

The investment aligns with India's "Viksit Bharat 2047" vision to become a leading digital economy

$20 billion currency swap finalized as U.S. buys Argentine pesos

The currency swap aims to stabilize Argentina's economy amid severe liquidity shortages and volatility

U.S. to impose 25 percent tariff on imported medium and heavy-duty trucks

The new tariff will significantly impact costs for truck buyers and various industries reliant on these vehicles

China unveils new K visa to attract global STEM talent amid U.S. immigration restrictions

The K visa simplifies entry for young professionals, eliminating job offer requirements for STEM fields 

China keeps benchmark lending rates steady for fourth consecutive month in September

The one-year loan prime rate (LPR) was held at 3.0 percent on Monday, while the five-year LPR remained unchanged at 3.5 percent

U.S. deficit to rise nearly $1 trillion above previous projections, budget watchdog warns

Net interest payments on the national debt are projected to total $14 trillion from 2026 to 2035

U.S. consumer prices rise 2.7 percent in July amid September rate cut bets 

Core CPI rose 0.3 percent in July and 3.1 percent from a year earlier, compared with forecasts of 0.3 percent and 3 percent

India holds interest rates steady as U.S. tariffs loom over exports

Economists suggest limited easing opportunities as U.S. tariffs impact India's export landscape

Japan’s manufacturing activity contracts in July due to uncertainties surrounding U.S. tariffs

S&P Global's PMI for manufacturing dropped to 48.8, marking a decline from June's 50.1 

AstraZeneca announces $50 billion U.S. investment in biotech and drug manufacturing by 2030

Multibillion-dollar commitment is expected to generate tens of thousands of high-skilled direct and indirect jobs across the U.S.

Amazon unveils $20 billion investment plan for Pennsylvania data centers creating 1,250 new jobs

Investment builds on Amazon's ongoing commitment to expanding its AI capabilities nationwide 

China’s consumer price index declines in May 2025 as export growth hits three-month low

CPI edged down 0.1 percent year on year, impacting economic outlook 

Strong Q1 growth reduces urgency for rate cuts in China

Benchmark loan rates unchanged as country faces trade challenges

U.S. job cuts surge 245 percent in February, fueled by Musk and Trump’s workforce reductions

U.S. employers announced 172,017 layoffs in February, up 245 percent from January’s figures

U.S. adds 143,000 jobs in January as unemployment rate slips to 4 percent

November and December payrolls were revised up by 100,000 due to routine annual adjustments

U.S. stocks spike amid positive CPI report

The closely watched core measurement of the Consumer Price Index slowed for the first time in months

U.S. new home sales rise 5.9 percent to 664,000 in November

The median sales price of a new U.S. home in November 2024 was $402,600, down from $437,300 in October

U.S. hosts record 1.12 million international students, adding $50 billion to economy in 2023/2024

Despite competition from the U.K., Canada, and Australia, the U.S. remains the top choice for international students

Fed to keep interest rates unchanged in December, says Nomura

Other global brokerages, including Goldman Sachs and J.P.Morgan, anticipate a 25 bps cut from the central bank next month

China’s foreign trade grows 4.6 percent YoY in October, reaching $5 trillion in ten months

Exports amounted to $2.93 trillion, up 5.1 percent YoY, and imports totaled $2.14 trillion 

Fed’s Powell signals cautious approach to future interest rate cuts

Powell said the results of Tuesday's presidential election would have no 'near-term' impact on U.S. monetary policy

U.S. weekly jobless claims rise marginally as job growth stalls in October

Unadjusted U.S. weekly jobless claims rose 5.4 percent to 212,274 in the week ending November 2