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A new study from The Kaplan Group sheds light on the rising popularity of side hustles and the entrepreneurial spirit across the United States. By analyzing search trends and business application data, the study provides insights into the most sought-after side gigs and the regions driving new business…

Meta announced sweeping changes to its content moderation policies, including the end of its third-party fact-checking program in the United States. The company will transition to a Community Notes model, aiming to reduce censorship while maintaining transparency. These changes are part of a broader effort to prioritize free…

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows…

November CPI 2.3% y/y vs. expected 2.2% and prior 2.1% Trimmed mean (a measure of core inflation) 3.2% y/y vs. prior 3.5% That lower trimmed mean, a guide to underlying (core) inflation is encouraging. AUD/USD dips a little on the release. *** As background top this I posted…

The monthly CPI data is not the critical piece of information, that is the quarterly data due on January 29. Still, though, there is encouragement from the November data, with the core rate having a chunk taken out of it: Australian November CPI 2.3% y/y (vs. expected 2.2%)…

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New Zealand data – the ANZ World Commodity Price Index For December 2024 +0.2% m/m vs. +2.9% in November: NZD eased 1.6% in December, pushing up the NZD Trade Weighted Index by 3.6% m/m The y/y +15%. ** As part of the report is ANZ’s look at chipping…