World News by Wild Rose

Americans’ confidence in the economy sank to the lowest level in more than a decade this month as prices remain elevated and wages stagnate amid the ongoing Iran war. The Conference Board said Tuesday that its consumer confidence index tumbled 6.7 points to 81.9 in September, down from 88.6 in August. That is the lowest reading in the board’s survey since April 2014 and below the lowest level reached during the pandemic. Respondents’ views of their present situation fell by 7.9 points to 109.3....

US stock futures posted modest gains on Tuesday as investors readied themselves for the first of several economic data releases.

Washington, Sept. 25 (Jiji Press)--U.S. Treasury Secretary Scott Bessent said Friday that he and Japanese Finance Minister Satsuki Katayama discussed the desirability of a strong yen in online talks. "We discussed the desirability of a strong yen that reflects Japan's strong economic fundamentals," Bessent said in an X post, describing their talks as "productive." He said the discussions...

US consumer sentiment fell in September to a four-month low amid worries about rising prices and the economy. Consumers expect prices to rise over the next year and saw costs rising at an annual rate over the next five to 10 years, the highest since May. “Despite political differences, consumers unanimously believe that the outlook for the economy has diminished,” says Joanne Hsu, director of the survey, who joined Bloomberg Intelligence to discuss. (Source: Bloomberg)

US consumer sentiment fell in September to a four-month low amid deepening worries about rising prices and the outlook for the economy.

Kallum Pickering, Peel Hunt Chief Economist, joins Bloomberg's Vonnie Quinn on "Bloomberg Brief" to discuss the risks around rising debt-fueled growth. (Source: Bloomberg)

Analysts say new sweeping US sanctions stand to worsen lives of millions of Iranians struggling in battered economy.

World leaders are gathering at the United Nations this week against a backdrop of wars in the Middle East and Ukraine, rising fears over artificial intelligence and mounting economic and climate pressures. The annual General Assembly will test whether the 193-member body can still bring countries together to tackle crises that increasingly transcend borders.

The United States, Japan and South Korea announced a new economic-security consultation and reinforced their support for stability across the Taiwan Strait on Monday, sending a coordinated message on two of Beijing’s most sensitive issues just days before Chinese President Xi Jinping’s summit with US President Donald Trump. US Secretary of State Marco Rubio, Japanese Foreign Minister Motegi Toshimitsu and South Korean Foreign Minister Cho Hyun unveiled the initiative after meeting on the...

Treasury Secretary says airports and companies servicing Iranian carriers risk being cut off from the US dollar system.

US retail diesel prices topped $6.50 a gallon for the first time, extending a war-driven rally that’s rippling through the largest economy. Most US drivers don’t pump diesel into their cars. But the fuel — which goes into trucks, agricultural equipment, power generators, boats, trains, and home-heating systems — touches nearly every part of the economy. James Egelhof, Chief US Economist at BNP Paribas, discusses US economic outlook and how fuel prices are impacting the economy. (Source: Bloomberg)

US retail diesel prices topped $6.50 a gallon for the first time, extending a war-driven rally that’s rippling through the economy.

Americans on the lower end of the economy are feeling the impact of higher borrowing costs and weaker purchasing power.

The BCP Helm Bank USA deal has cleared the Florida banking regulator, but the US$180 million purchase still needs Federal Reserve approval. The post BCP Helm Bank USA Deal Clears Florida, Fed Still Pending appeared first on The Rio Times.

Get a jump start on the US trading day with Dani Burger and David Gura on "Bloomberg Open Interest." Stocks push higher after the Fed’s unanimous rate hike under Kevin Warsh. President Trump threatens new tariffs on Europe as the EU deepens ties with Canada. Lucid CEO Silvio Napoli joins us on the company’s major self-driving deal with Bolt. Plus, Clearlake takes full control of Chelsea Football Club. And Interparfums CEO Jean Madar and Dynex Capital Co-CEO Smriti Popenoe join us on tariffs, consumers and the housing market. (Source: Bloomberg)

US Treasuries advanced Thursday as the Federal Reserve’s interest rate hike reassured investors that the central bank is determined to tame inflation.  Lakshman Achuthan, COO and co-founder at ECRI, reacts to the Fed decision and what comes after the first hike of a rate hike cycle. (Source: Bloomberg)

The 25 basis-point hike is the first raise in three years and comes ahead of critical midterm elections in the US.

The Federal Reserve is expected to hike interest rates for the first time in three years on Wednesday. Investors on Tuesday saw a greater than 90% chance of a quarter-point move this week and priced in another hike by the end of the year. Michael McKee has a preview. (Source: Bloomberg)

The US Senate’s rejection of the Clarity Act – a landmark bill meant to regulate cryptocurrency market structure – has opened a window for Hong Kong to accelerate its digital asset ambitions, industry insiders say, even as the sector remains mired in a slump after a brief rally last month. Beijing’s ban on crypto remains in force in mainland China, but Hong Kong has received approval to develop itself as a digital asset hub, with the stalled push in Washington presenting the city with what...

Washington, Sept. 15 (Jiji Press)--U.S. Treasury Secretary Scott Bessent said Tuesday that the U.S. side spent a "nominal amount" in its joint currency market intervention with Japan in July to rectify the yen's rapid weakening against the dollar. In a testimony before the House of Representatives' Financial Services Committee, Bessent said, "A stronger yen is better for American exports." ...

LATIN AMERICA · MONEY Key Facts —The dates The US Federal Reserve’s FOMC and Brazil’s Copom both meet on 15–16 September 2026 — two decisions in the same two days. —The bets B3 options put roughly 95% probability on a 0.25-point Selic cut to 13.75%; a hold gets about 3.5%. Economists expect the Fed to […] The post Fed and Copom on the Same Two Days: What This Week’s Decisions Mean for Expat Money appeared first on The Rio Times.

LatAm Expat & Nomad Daily Guide — Monday, September 14, 2026 The Short Version In short: Your LatAm expat and nomad daily guide for Monday, September 14. The dollar firmed across the region at the Monday reopen as two central-bank decisions approach. Chile’s peso weakened to 940.91 per dollar — the dollar’s firmest level in […] The post LatAm Expat & Nomad Daily Guide for Monday, September 14, 2026 appeared first on The Rio Times.

The bond selloff has driven a key Treasury yield to the verge of 5%, worsening angst from Wall Street to Washington about the higher borrowing costs hitting the US economy.

Richard Haass, senior counselor with Centerview Partners, president emeritus for the Council on Foreign Relations, and former advisor to Colin Powell and President George H.W. Bush, joins Scarlet Fu on "Bloomberg Money." Sentiment sank among consumers from both political parties, according to a UMich survey, and only 35% of Republicans believe the government is doing a good job with the economy, the lowest reading since President Trump returned to the White House last year. (Source: Bloomberg)

Petrol prices jumped 3.9 percent month-to-month, accounting for one-third of the overall inflation increase in August.

Rio Times · USA & Canada Intelligence Brief September 11, 2026 USA & Canada Intelligence Brief — Friday, September 11, 2026 USA & Canada Intelligence Brief — Friday, September 11, 2026 Key Facts The print. US consumer prices rose 0.4 per cent month-on-month in August and 3.4 per cent year-on-year, the Bureau of Labor Statistics reported at 8:30 on Friday — headline figures matching what forecasters had pencilled in. The nuance. Core inflation, excluding food and energy, rose 0.3 per cent on the month against a 0.2 per cent consensus expectation, though its yearly rate cooled to 2.4 per cent from 2.5 per cent — in line, but warmer underneath than the headline admits. The driver. Gasoline rose 3.9 per cent in August and accounted for more than a third of the monthly increase; energy is up 16.3 per cent over the year and fuel oil 52 per cent, the Gulf disruption written into American pump p The post USA & Canada Intelligence Brief — Friday, September 11, 2026 appeared first on The Rio Times.

Diesel prices rose above $6 a gallon for the first time ever, raising the risk of further energy-driven inflation just ahead of peak demand season for the fuel.

Analysts question if the US president's election year offer is workable, legal or affordable.

A key witness is expected to testify on Chinese tech giant Huawei Technologies’ alleged theft of trade secrets from Japanese rival Fujitsu on Thursday as the company’s landmark criminal trial in Brooklyn, New York, enters its second day of testimony. It comes after a US government lawyer told federal jurors on the opening day that Huawei engaged in criminal activities to achieve “growth at any cost”, while a lawyer for the company said that the employee who photographed Fujitsu networking...

US wholesale inflation picked up more than expected in August, government data showed Thursday, driven by higher energy costs in the month – particularly for diesel – as the US war with Iran continued. Rising prices at the pump are squeezing US households and businesses weeks ahead of key midterm elections, pressuring President Donald Trump’s administration, as average diesel costs hit new highs. The Producer Price Index (PPI) was up 5.4 per cent year-on-year last month, the Department of Labour...