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Latest Articles
Functional Unemployment Up for Fourth Consecutive Month, Says Ludwig Institute
6+ min ago (278+ words) With lower workforce participation rates, signs emerge of weakening labor market WASHINGTON, Aug. 20, 2026 /PRNewswire/ — The percentage of the American workforce classified as “functionally unemployed” increased for the fourth consecutive month even as the workforce participation rate continued to decline, signaling…...
Morgan Stanley stock volatility stays elevated amid consolidation near key technical levels: weekly analysis
18+ min ago (350+ words) Traders Union Morgan Stanley stock volatility stays elevated amid consolidation near key technical levels: weekly analysis Shares of Morgan Stanley (MS) are trading near $213 after a sustained decline of more than 2% over the past week, putting the stock deeper into…...
US dollar tumbles to three-month low after Treasury steps in to halt bond selloff
10+ min ago (152+ words) The Business Standard The U.S. dollar has fallen to a three-month low after the U.S. Treasury Department stepped in to calm a sharp bond market selloff. The Treasury plans to double buyback operations for longer-dated bonds, pushing the 30-year Treasury yield down…...
INR seen supported by dollar weakness and positive equities
11+ hour, 12+ min ago (283+ words) The Indian rupee pared initial gains and settled for the day with gains of just 3 paise at 95.70 against the US dollar on Thursday, as the support from the weaker dollar index was negated by elevated crude oil prices. A weaker…...
U.S. debt tops $40 trillion milestone
2+ hour, 23+ min ago (734+ words) Reuters// August 20, 2026// U.S. debt tops $40 trillion milestone Total U.S. debt has topped $40 trillion for the first time, the Treasury Department said on Wednesday, drawing fresh warnings that a fiscal crisis is brewing as ballooning costs for social safety-net programs and interest payments…...
Canadian Dollar remains supported by rising Oil prices and US tariff pause
10+ min ago (633+ words) USD/CAD remains under pressure on Thursday even as the US Dollar (USD) stages a modest recovery following the previous day’s sharp selloff. Higher Oil prices support the commodity-linked Canadian Dollar (CAD), keeping the pair near a three-month low. At…...
Chinese Supermarket Chain Recruits Ex-Cons for 2nd Consecutive Year
4+ hour, 20+ min ago (476+ words) Chinese supermarket chain Pangdonglai has announced the recruitment of former convicts for the second year in a row, expanding its hiring scope to employees who have spent at least five years in prison. The move has sparked renewed debate over…...
Egypt’s central bank holds key interest rates unchanged
44+ min ago (94+ words) CAIRO, Aug 20 (Reuters) - Egypt's central bank kept its overnight interest rates unchanged on Thursday, it said in a statement. The monetary policy committee held the deposit rate at 19% and the lending rate at 20%. (Reporting by Ena... Egypt’s central bank holds…...
LG Energy continues to pivot away from EV batteries
18+ min ago (417+ words) A few years ago, battery manufacturer LG Energy Solution was racing to make cells for electric vehicles. Today, its focus has mostly flipped to a new energy storage batteries. Most of LG Energy's North American factories — such as the NextStar…...
Lee meets SK chairman for possible discussion on chip projects: sources
31+ min ago (150+ words) SEOUL, Aug. 20 (Yonhap) -- President Lee Jae Myung met with SK Group Chairman Chey Tae-won on Thursday, sources said, with the two presumed to have discussed the country's three mega projects centered on semiconductors and artificial intelligence (AI). Lee and Chey…...