Tue, 21-Oct-2025

Inflation in the United States, according to Biden, might linger ‘for a while’

Biden

Biden: Inflation “will come down gradually, but we’re going to live with it for a while”. Comments were made at an event hosted by billionaire media magnate Haim Saban. ‘Midterm elections are on Nov. 8, and control of Congress is on the line. President Joe Biden advised that U.S. expansion could endure “for some time” … Read more

Business sentiment cautious in Japan as virus fears linger

Japan

TOKYO: Japan’s major manufacturers remain cautious about the economy’s trajectory, with business sentiment flat for the quarter as concerns about the pandemic linger, a key survey showed on Monday. Among major non-manufacturers however, there was an improvement in confidence about the world’s third largest economy, offering glimmers of hope. The Bank of Japan’s Tankan business survey, … Read more