US consumer confidence tumbles to lowest level since April
A sluggish job market lowers consumer confidence but may also lead to another rate cut from the US Federal Reserve.
![A slowing job market has weighed on consumers according to the Conference Board [File: Evelyn Hockstein/Reuters]](/wp-content/uploads/2025/11/2025-11-24T105942Z_681960584_RC2DSEA1XKT1_RTRMADP_3_COMPANIES-TARIFFS-PRICES-1764090071.jpg?resize=770%2C513&quality=80)
![The healthcare as well as food and beverage services led the job gains but the federal workforce as well as the transportation and warehousing sectors saw declines [File: Andrew Kelly/Reuters]](/wp-content/uploads/2025/11/2025-10-29T121302Z_1095127296_RC2NLHA0ZYUM_RTRMADP_3_USA-ECONOMY-UNEMPLOYMENT-1763651318.jpg?resize=770%2C513&quality=80)
![Ugandans are celebrating New York City Mayor-Elect, Zohran Mamdani’s historic ascension to city hall following election results on Nov. 4, 2025. [AFP]](/wp-content/uploads/2025/11/image-1762375663.jpg?resize=770%2C513&quality=80)
![The fed will have limited economic data next month as it assesses future decisions because of the government shutdown [File: Ken Cedeno / Reuters]](/wp-content/uploads/2025/10/2025-09-17T181617Z_435617975_RC2TTGA2Z5Y5_RTRMADP_3_USA-FED-1761759349.jpg?resize=770%2C513&quality=80)
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EXPLAINER
Is artificial intelligence to blame for Amazon job cuts?
Amazon confirms 14,000 layoffs after CEO says AI likely to lead to job losses.
Argentine assets cheer Milei party’s election victory with massive rally
Both international bonds and local stocks jumped while the peso strengthened against the US dollar.
Mexico’s footwear industry could benefit from US tariffs. But it’s not
Mexican shoe businesses can export to US tariff-free under USMCA but old policies and corrupt practices hold them back.
Canada threatens Stellantis with legal action over moving production to US
Stellantis announced a $13bn investment in the US, which will see Jeep Compass production move from Canada to the US.
US judge temporarily blocks Trump plan to fire thousands of gov’t workers
A federal judge said the layoffs seem politically motivated and ‘you can’t do that in a nation of laws’.
![WASHINGTON, DC - OCTOBER 1: A sign indicating that the U.S. Capitol Visitor Center is closed due to the government shutdown, on October 1, 2025 in Washington, DC. Congress could not agree on a budget to fund government at midnight, causing the first shutdown since 2018 [File: Al Drago/Getty Images/AFP]](/wp-content/uploads/2025/10/afp_68dd8508766e-1759347976.jpg?resize=770%2C513&quality=80)
EXPLAINER
Cameroon presidential election: As Paul Biya set to win, what’s at stake?
Biya, who has ruled for 43 years, is seeking an eighth term despite calls for him to step down.
AI investments are pulling the US economy forward. Will it continue?
In the absence of tech-related spending, the US would be close to, or in, recession this year, experts say.
‘Buckle up’: IMF chief warns of economic uncertainty
IMF’s Kristalina Georgieva says ‘uncertainty is the new normal’ as tariffs weigh on the global economy.
![The global economy is forecasted to grow by 3 percent in 2025. [Jose Luis Magana/AP]](/wp-content/uploads/2025/10/AP25281486067131-1759936860.jpg?resize=770%2C513&quality=80)
White House threatens mass layoffs amid deepening US government shutdown
US President Donald Trump blames Democrats for looming federal layoffs as shutdown enters fifth day.
![Director of the National Economic Council Kevin Hassett speaks as US President Donald Trump signs executive orders in the Oval Office of the White House. [File: Mandel Ngan/AFP]](/wp-content/uploads/2025/10/000_73KT2RD-1759691622.jpg?resize=770%2C513&quality=80)
First lawsuit filed challenging Trump’s $100,000 H-1B visa fee
The lawsuit claims Trump does not have the authority to override the law that created the H-1B visa programme.
