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China’s Q3 GDP Growth Accelerates to 4.5% as Export Boom Offsets Property Slump
China GDP growth quickened in the third quarter of 2026, accelerating to 4.5% year over year as a record-breaking export surge more than offset a deepening property slump and sluggish domestic consumption. The print beat the 4.4% pace economists had pencilled in and marked a clear rebound from the 4.3% reading in the second quarter…
US Budget Deficit Hits $2 Trillion in 2026
The US budget deficit widened sharply in the fiscal year ended in September 2026, rising 12% to $1,992 billion — nearly $2 trillion — as refunded tariff revenue and surging interest payments on the national debt overwhelmed record federal revenues. The figures, published by the US Treasury on October 16, leave the deficit at about…
Accenture Capped Claude Spending at $29 a Month. Some Employees Were Spending $1,000.
The irony writes itself: the consulting giant telling the world’s biggest companies to invest heavily in AI has just slapped a $29-a-month budget on its own employees’ AI use. Accenture told staff it will centrally fund only $29 per person per month for Claude, Anthropic’s AI model, after discovering some employees were burning through $1,000…
2027 Social Security Changes: COLA, Tax Cap and the 2032 Funding Question
The 2027 Social Security changes are now official, and they reach into almost every American paycheck and retirement budget. The Social Security Administration has confirmed a 3.6% cost-of-living adjustment for next year, alongside a jump in the payroll tax cap to $192,300. Both moves renew a familiar argument in Washington: can the programme keep paying…
Jordon Steele-John Takes Leave as Greens Probe Allegations
Greens senator Jordon Steele-John has stepped back from the party room. Multiple allegations of inappropriate behaviour in the presence of women surfaced against him this week. The Jordon Steele-John story has since become one of Australia’s fastest-growing searches, climbing more than 1,000% in a matter of hours. Here is what is known so far, based…
Malaysia Airlines MICE Awards: Two Wins at 2026 Ceremony
Malaysia Airlines is having a moment. The Malaysia Airlines MICE Awards results from Jamaica this week handed the carrier two major titles: World’s Best MICE Airline and Asia’s Best MICE Airline at the 2026 World MICE Awards. It is the first time the airline has won in either category, and the announcement quickly became one…
Bezos Predicts AI Could Enable 3-Day Workweeks, Single-Income Families
Jeff Bezos says AI productivity could enable 3-day workweeks and single-income households. He told Fox News the technology is real but cautioned investors face uncertainty as capital flows to both good and bad ideas.
Conagra Discontinues Celeste Pizza After 64 Years on October 9
Conagra Brands has discontinued Celeste frozen pizza after 64 years, citing low profitability. Remaining inventory will be sold until depleted, but production has ended.
Greens Push $25B Plan for 624 Public Supermarkets Across Australia
The Greens propose a $25 billion plan to create 624 publicly owned supermarkets by forcing Coles and Woolworths to divest 200 stores. The policy aims to reduce grocery prices by 22 percent.