The World Bank and International Monetary Fund have thrown their support behind reforms to the system used to restructure debt in the world’s poorest countries, signaling...
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October 31, 2026
U.S. Stocks Gain as AI Shares Rally and Oil Falls Sharply on Middle East Optimism
U.S. equity markets moved higher in recent trading, driven by strength in artificial intelligence-related stocks and a sharp drop in oil prices tied to hopes for...
Rising Oil Prices and Higher Borrowing Costs Stoke Stagflation Fears Worldwide
A combination of climbing oil prices and elevated borrowing costs is renewing concerns about stagflation — a rare and painful mix of slow growth and stubborn...
China Stocks Rise as Trump-Xi Meeting Fuels Trade Optimism
Chinese equities gained roughly 1% after a meeting between U.S. President Donald Trump and Chinese President Xi Jinping rekindled hopes of progress on trade. The move...