Commentary

WWU Center for Economic and Business Research️ 7 hours ago

Gold neared a record high, and copper clawed back some of Friday’s steep drop. Gold has surged over 65% this year and silver has more than doubled, with both metals on track for their best annual performances since 1979.

WWU Center for Economic and Business Research️ 9 hours ago

Investors will have to wait until new year for clear data on US economy. Official figures delayed by government shutdown will provide little clarity on the outlook for interest rates. https://buff.ly/XRLnG9e

WWU Center for Economic and Business Research️ 9 hours ago

Economists anticipate the November unemployment figure will come in higher than a September reading of 4.4%. The jobless rate has climbed in each of the three months through September amid a sluggish hiring environment and an uptick in workforce participation. Mass corporate firings have also jumped lately, and a measure of job terminations in October rose to the highest level since early 2023. We wait for tomorrow! https://buff.ly/F03r9Yn

WWU Center for Economic and Business Research️ 11 hours ago

Dealmaking is having a banner year. Global transaction values have soared 40% to $4.5 trillion as corporate giants pursue ever bolder mergers helped by a permissive regulatory climate, massive checks from Wall Street, money from the Middle East and Donald Trump’s role as both disruptor and dealmaker.

WWU Center for Economic and Business Research️ 13 hours ago

Leaner times for McKinsey. The go-to consultant for companies and countries is planning to cut thousands of jobs. The firm last month already announced it’s culling global tech jobs and shifting more roles to AI. https://buff.ly/oaLMqy8

WWU Center for Economic and Business Research️ 15 hours ago

At key economic meetings held last week, China’s top leaders listed boosting domestic demand as the top priority in the new year, signaling vigilance against uncertainties in foreign trade. Yet despite a pledge to maintain policies supportive of growth, no aggressive measures appear to be on the cards.