EU chief Ursula von der Leyen visits flood-stricken region in Europe and pledges billions of euros in swift aid
WARSAW (AP) — EU chief Ursula von der Leyen visits flood-stricken region in Europe and pledges billions of euros in swift aid.
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FortuneThe Russian economy can’t sustain Putin’s war on Ukraine much longer, expert says
"Ukraine could win the war if it had an additional $50 billion per year, as well as a green light to bomb military targets inside Russia."
- CNN Business
China’s economy is in bad shape. Can its ‘whatever-it-takes’ stimulus effort turn things around?
After four miserable years, stock market in Hong Kong and mainland China are finally soaring, but whether benefits from the economic stimulus measures announced in September spread beyond stock investors and into the real economy have yet to be seen.
- HuffPost
Donald Trump Tax Plans Would Increase Taxes On 95% Of Americans, Analysis Finds
The Institute On Taxation and Economic Policy found Trump’s tariff proposals would outweigh his tax cuts for all but the very richest households.
- BBC
US debt would increase under Harris and soar under Trump - study
Both candidates would add trillions to the national debt if their proposals were enacted, according to a new analysis.
- Bloomberg
Japan’s Kato Warns of Negative Impact of Sudden Yen Moves
(Bloomberg) -- Sudden moves in Japan’s currency hurt companies and households, and that impact requires close government scrutiny, Japan’s newly appointed finance minister said, following a pronounced slide in the yen in recent days. Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationWhat Do US Vehicle Regulators Have Against Tiny
- Bloomberg
China Economic Agency Plans Briefing as Investors Eye Stimulus
(Bloomberg) -- China’s top economic planner will hold a press briefing on Tuesday to discuss a package of policies aimed at boosting economic growth, as investors look for more stimulus measures from President Xi Jinping’s government.Most Read from BloombergSingapore Ends 181 Years of Horse Racing to Make Way for HomesUrban Heat Stress Is Another Disparity in the World’s Most Unequal NationFrom Cleveland to Chicago, NFL Teams Dream of Domed StadiumsWhat Do US Vehicle Regulators Have Against Tiny
- Reuters
US 10-year yield tops 4%, stocks fall, as Fed rate cut expectations ease
A gauge of global stocks declined on Monday and U.S. Treasury yields climbed, with the benchmark 10-year note topping 4%, as investors readjusted their views for the path of interest rates from the Federal Reserve. The U.S. 10-year note climbed to 4.033%, its highest level since Aug. 1 and first time above 4% since Aug. 8 after Friday's stronger-than-expected U.S. payrolls report fueled expectations the Fed will dial back its aggressiveness in cutting interest rates. Expectations for a Fed rate cut of 25 basis points (bps) at the central bank's November meeting stand at 84.6%, with the market pricing in a 15.4% chance it will hold rates steady, according to CME's FedWatch Tool.
- Yahoo Finance
The hiring rate trending lower could be a sign of problems to come
One labor market indicator that’s been drawing more attention lately is the hiring rate.
- The Independent
Nostradamus pollster predicts how an October surprise could impact election
Allan Lichtman has correctly predicted the result of nine out of 10 presidential elections since 1984
- HuffPost
Donald Trump Melts Down In New Post About Jimmy Kimmel
The GOP nominee shared a video to attack the late-night TV host but left out one crucial bit.
- Yahoo Sport Australia
Cameron Smith calls out Ivan Cleary 'masterstroke' that won NRL grand final for Panthers
Cameron Smith pinpointed a key tactic that changed the game in the NRL grand final. Find out more here.
- NewsWire
Urgent recall on common Bunnings buy
A popular product has been recalled from a Bunnings store over fears it could cause an explosion.
- KameraOne
110-year-old man rescued from Indian cave in viral video
A 110-year-old Indian man has been rescued from a cave near Bengaluru in India's Karnataka. The viral video, posted on X on October 3, alleged that the man was a staggering 188 years old. However, reports have since confirmed the man is 110-year-old Siyaram Baba, a famous Hindu saint from Madhya Pradesh.
- Yahoo News Australia
Aussie woman's chilling discovery while sitting in backyard: 'Between my legs'
At first, the deadly threat is barely visible, but a closer look reveals the hidden danger. Find out more.
- Yahoo Sport Australia
Craig Bellamy's telling confession about Nelson Asofa-Solomona after grand final heartbreak
The Melbourne coach had a clear message for his troops after the Penrith defeat. Read more here.
- Yahoo Sport Australia
Andrew Johns' staggering claim about Nathan Cleary as NRL icon blasts Phil Gould 'insult'
Andrew Johns has cut down some of his Channel 9 colleagues in the process. Read more here.
- HuffPost
'You Just Saw It': ABC Host Calls Out Mike Johnson For Playing Dumb About Video He Just Saw
Johnson claimed he didn't want to "parse" Eric Trump's inflammatory language despite George Stephanopoulos reading the remarks verbatim.
- The Hill
Opinion - Trump’s obsession with Harris’s IQ is telling
Trump’s public statements have also become increasingly incoherent.
- BuzzFeed
She Refused To Fund Her Sister's Wedding After Being Body Shamed, And Honestly, I Respect Her Choice
"My parents are saying I should just let it go and help her since 'that’s what sisters do,' but I feel like she crossed a line."
- Yahoo Finance AU
Major cashless warning over new scam conning Aussies out of thousands of dollars
These scams are lurking in plain sight and Aussies have been urged to be extra careful about what they scan.