‘Jenga Tower’ US Economy Teeters as Middle Class Pulls Back Spending

Nov 6, 2025 | Markets

The surprising resilience of the US economy this year is masking underlying weakness among low- and middle-income households, as higher-income Americans continue to drive growth. This dichotomy between the haves and have-nots isn’t new, but the economic strain is now...

US Companies Announce Most October Job Cuts in Over 20 Years

Nov 6, 2025 | Markets

US companies announced the most job cuts for any October in more than two decades as artificial intelligence reshapes industries and cost-cutting accelerates, according to data from outplacement firm Challenger, Gray & Christmas Inc. Companies announced 153,074...

Apollo, KB Securities Team Up to Explore Private Credit

Nov 6, 2025 | Markets, Private Credit

Apollo Global Management Inc. has teamed up with KB Securities Co. to explore private credit opportunities in South Korea and globally, according to the global firm’s spokesperson. Under the agreement, KB Securities will receive preferential rights to participate in...

US Consumer Delinquencies Climb as Student Debt Goes Unpaid

Nov 5, 2025 | Markets

The share of US consumer debt in delinquency rose in the third quarter to the highest level in more than five years as unpaid student-loan balances continued to surge. Around 4.5% of debt was at least 30 days delinquent in the July-to-September period, the most since...

Dollar Faces Risk of 2000s’ Boom-and-Bust 40% Decline, RBC Warns

Nov 5, 2025 | Markets

Traders should take cover from a protracted selloff in the dollar that could mirror the boom-and-bust cycle of the Internet bubble once the drivers that are supporting the currency turn into headwinds, according to RBC Capital Markets. The greenback has already been...