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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…
New Huanggang Port: Hong Kong’s 24-Hour Border Crossing Opens
Hong Kong has a new front door. The rebuilt Huanggang Port — the only 24-hour passenger clearance crossing between Hong Kong and Shenzhen — has opened its doors, and it is already one of the most searched topics in the city. With a nine-storey inspection building, side-by-side immigration checks, and a design built for heavy…
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…
Desjardins Credit Card System Outage Hits October 12-20: What Members Need to Know
Desjardins credit card system migration October 12-20 disables limit increases, PIN changes, and card replacements. Members report false late-payment alerts. Full details on what’s unavailable and how to prepare.
Souplantation Reopens in Fountain Valley in 2027 After 7-Year Closure
Souplantation plans to reopen in Fountain Valley, Orange County in 2027, marking its first California location since closing all 97 restaurants in 2020 during the pandemic.
JR East Data Breach Exposes 6.09M Records on October 9
JR East Japan reports 6.09 million customer records exposed in data breach on October 9, affecting Eki-net and View Card. Email addresses compromised; names and credit card numbers not leaked.
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.