A A weak labour market, low wages and 50% US tariffs on export sectors and MSMEs will remain a drag on the economy, which grew at a five-quarter high 7.8% in April-June.Economists anticipate growth of about 7% in the second quarter, helped by a spending surge that began September 22, when lower GST rates took effect. GDP numbers for July-September will be released on November 28. The economy grew 5.6% in the second quarter of FY25.Live EventsRosy October“Urban consumption, which had been on a weak footing ...

Accessibility StatementSkip Navigation Creating jobs for West Virginians SHINNSTON, W.Va., Nov. 6, 2025 /PRNewswire/ -- The construction phase of a 1,200-megawatt combined- cycle natural gas plant proposed by FirstEnergy in West Virginia is expected to generate over 3,260 jobs and $68 million in state and local tax revenue, according to FirstEnergy Board Chair, President and Chief Executive Officer Brian X. Tierney. At a November 6 event at Harrison Power Station attended by West Virginia Governor Patrick M ...

Compared to the optimistic estimates at the beginning of the year, the economic growth forecast for 2025 has become increasingly modest. Estonia’s economic growth continues at a slow pace, with the latest forecasts estimating annual growth at 0.6%. The construction market shows signs of stabilisation, but the sector’s recovery remains very slow and uneven.The Buildings segment accounts for 80% of the Group’s total revenue, and there has been no significant change in the revenue distribution between segments ...

PROVIDENCE, R.I.--(BUSINESS WIRE)--At the Greater Providence Chamber of Commerce (GPCC) Annual Meeting yesterday, Citizens Financial Group Chairman and CEO Bruce Van Saun shared an optimistic outlook for Rhode Island's business climate, emphasizing the state's readiness for growth and innovation. During a fireside chat moderated by GPCC Chair Rick Metters, Van Saun addressed more than 400 business leaders and community partners, outlining the unique opportunities ahead for Rhode Island and the. ...

UK Chancellor of the Exchequer Rachel Reeves will meet CEOs from top insurers in Downing Street on Wednesday, as she seeks to encourage more investment in the City ahead of a tricky budget later this month.The meeting, whose attendees will include Lloyds of London Chair Charles Roxburgh, Swiss Re AG CEO Andreas Berger and Hiscox Ltd CEO Aki Hussain, will focus on “opportunities for more investment in the London market” and Reeves will highlight recent “cuts to financial red tape,” according to a statement f ...

This is now the longest US government shutdown in history. Hundreds of thousands of federal employees remain without pay. Millions of Americans are waiting on benefits.But the effects extend far beyond individual households. According to an October 29th estimate from the Congressional Budget Office, the shutdown has already permanently removed over 11 billion from the US economy. And an 8week shutdown would lead to roughly 14 billion in losses.We are now in week five. This represents a reduction of economic ...

All right, so drawing on all this, here's my why stocks are bullish. Why stocks are bullish is the subject of the riff. So stocks keep booming as our Jerry Willis just reported.Now I will say more than any other reason, the big bull market is being organically driven by profits. Businesses are making good money and that's the currency behind their rising values. I know experts always talk about various political or economic factors.China trading, Fed's going to do peace in the Middle East, why might New Yor ...

Market Overview - Stock futures showed positive movement, indicating continued investor optimism at the start of the trading week on October 27 [1] - Futures tied to the Dow Jones Industrial Average increased by approximately 290 points or 0.6%, while S&P 500 futures gained around 0.7%, and Nasdaq 100 futures rose nearly 0.9% [8] - All three major indices hit record highs last Friday, with the Dow Jones Industrial Average adding roughly 1% (472.51 points), S&P 500 ticking up 0.79%, and Nasdaq Composite rising 1.15% [6][8] Federal Reserve Actions - The Federal Reserve made its first rate cut since December 2024 in September, lowering the federal funds rate by 25 basis points to a range of 4.00% to 4.25% [1][8] - Markets widely anticipate a second 25 basis point cut in the upcoming October 29 Federal Open Market Committee meeting to address a slowing jobs market despite persistent inflation [2][8] - Inflation rose modestly to 3.0% in September, up from 2.9% in August, which remains above the Fed's 2% goal [8] US-China Trade Situation - The US-China trade situation has shown signs of de-escalation, which has buoyed risk appetite across global markets, leading to a surge in Asian equities [5][8] - Analysts cite the calming of trade tensions alongside the Federal Reserve's anticipated rate cuts as critical factors underpinning positive market sentiment [5][8] Earnings and Economic Outlook - Technology stocks are leading gains, with key players like Microsoft and Alphabet Meta set to release their third-quarter results this week, drawing particular interest from investors [8] - Market watchers remain cautiously optimistic as favorable inflation readings combined with strong earnings growth appear to sustain the current bullish momentum [6][8] - The Federal Reserve's policies in the coming weeks will continue to be a focal point for Wall Street as investors weigh the balance between economic growth and inflation control [7][8]

Economic Outlook - The upcoming week will feature significant inflation data from Australia, the euro zone, and purchasing manager indexes from China, alongside rate decisions in Chile and Colombia [1] - The Federal Reserve is expected to cut rates by a quarter point, with concerns about employment and inflation influencing this decision [2][8] - The Bank of Canada is also anticipated to reduce its benchmark rate to 2.25% despite recent positive inflation and job reports [10] Central Bank Actions - North America is likely to see major monetary policy actions, with the Federal Reserve and Bank of Canada both expected to implement rate cuts [5] - The Bank of Japan is predicted to maintain its current rate, while the European Central Bank is not expected to ease further at its upcoming meeting [4][17] - Chile's central bank may delay rate cuts due to persistent inflation above target levels, with potential cuts pushed to December [24] Regional Economic Indicators - In the euro zone, growth is projected to be minimal, with a forecast of just 0.1% growth in the third quarter, influenced by US tariffs [18][19] - Germany's Ifo business gauge is expected to show slight improvement, while France's growth is forecasted to slow to 0.2% in the third quarter [19] - In Asia, inflation and trade data will be crucial for assessing the region's recovery, with Australia and Japan's central banks closely monitoring price pressures [12][13] Trade and Political Developments - US President Trump's trade policies will be under scrutiny during his meetings with Asian leaders, particularly with Chinese President Xi Jinping [6] - Political instability in France may have limited immediate economic impact, but ongoing negotiations for a budget could affect market sentiment [20]

Market Sentiment & Trade - Market views any positive developments in China trade favorably [1] - Market had shifted focus away from trade until recent trade tensions resurfaced, impacting AI-related sectors due to rare earth material concerns [2] - Market sentiment is currently focused on a strong economy, positive earnings, and potential rate cuts [3] - China trade headline risk is present, but not viewed as material risk based on CH's calm reaction [6][7] Momentum & Rotation - Market experienced a momentum unwind, potentially nearing its end, with the first negative month in seven and declines in MTUM names [4][9] - Despite the momentum unwind, the overall market remains up, indicating a rotational move rather than outright distribution [10] - Momentum shakeout hasn't significantly impacted broader market sectors; some sectors like healthcare and discretionary are improving [11][12] - Debate exists whether the momentum unwind is over or still in progress, with Morgan Stanley suggesting it's only halfway through [9] Sector Performance & Economic Indicators - Defensive sectors, like healthcare, are outperforming in October, potentially due to profit-taking and rotation into underperforming assets [5] - Banks are showing slight weakness, but overall, leaning into strength is still favored [8] - High yield CDX remains relatively calm despite bankruptcies, indicating no significant deterioration in credit markets or consumer stocks; consumer stocks may be reaccelerating [7] - Utilities' performance is tied to power and AI, diminishing its reliability as a defensive sector indicator [14] Market Breadth & Global Markets - Market breadth remains relatively strong, with a significant percentage of S&P 500 companies above their 200-day moving average [15] - Global markets, including China, Japan, and Europe, are reaching new highs, indicating no widespread negative impact from the momentum unwind [12]