JAKARTA (Reuters) -Indonesia's annual inflation rate was 2.12% in August, essentially unchanged from 2.13% in July, official data showed on Monday, holding comfortably within the central bank's target range and matching market expectations. The August headline inflation rate was the lowest since February 2022, and matched the forecast in a Reuters poll. Bank Indonesia (BI) has a target range of 1.5% to 3.5% for inflation.
Worries of being uprooted from their jobs have returned for Laura Dodson and other federal workers, who have long been the economic backbone of the nation's capital and its suburbs. During former President Donald Trump 's administration, her office under the U.S. Department of Agriculture was told it would be moving. A rushed process that failed to consider the need to find homes, jobs for spouses and schools for children prompted some retirements, she said, and some took other federal jobs, hurting the agency in the end.
(Bloomberg) -- Asian shares edged lower after ratcheting up four months of gains, as China’s efforts to support its ailing economy showed no signs of taking hold.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle ComplaintsA gauge of the region’s stocks fell, marking the first day of trad
(Bloomberg) -- Swiss fragrance and flavor group Givaudan SA is considering entering the pet food market, potentially via acquisitions, in a bid to take advantage of a fast-growing sector. Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat LonelinessTurkey Plans Istanbul Taxi Surge to Tackle Complaints“People spend more money on pets than ki
Growth investors have their eyes on this expanding coffee shop chain.
After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an unemployment influencer. The Guangzhou-based vlogger, 32, offers career advice to her 8,400 followers, charting her journey through long-term joblessness. China is under instruction to unleash "new productive forces", with government policies targeting narrow areas of science and technology including AI and robotics.
Federal Reserve Chair Jerome Powell just suggested interest rate cuts could be on the horizon.
The highly anticipated upgrade turns Cardano's ADA cryptocurrency into a governance token.
(Bloomberg) -- Arabica coffee is edging closer to prices not seen in more than a decade. Oil’s rocky August has traders bracing for what could be a bumpy ride toward the end of the year. And an abundance of soybean, corn and wheat are proving a drag for grains versus other commodities.Most Read from BloombergA Guide to Urban Swimming in Europe, Beyond the SeineDense Cities With Low Emissions Suffer Most From Air Pollution, Study FindsIntergenerational Housing Could Help Older Adults Combat Lonel
The S&P 500 has a history of underperforming each September. On average, it's been the worst month for the benchmark index going back to 1928.
