Bloomberg Surveillance

The nation has proven it can scale up, but it will likely follow a different path.

The US economy added fewer workers than projected in September and wage growth disappointed, suggesting high costs are keeping employers cautious.

German Chancellor Friedrich Merz is set to meet both of the frontrunners to succeed European Central Bank President Christine Lagarde, people familiar with the matter said.

America’s “exceptionally large” budget deficits and inexorably rising debt risks making it increasingly vulnerable to fickle investors, Scope Ratings warned.

Vietnam’s economy accelerated more than expected in the third quarter on rising foreign investment and factory output, putting the nation in reach of the government’s ambitious double-digit growth goal for the year.

Germany’s output could grow 1% this year, according to Bundesbank President Joachim Nagel.

Christine Lagarde ought to provide some clarity on her future as European Central Bank president, according to Italy’s finance minister.

Federal Reserve Chairman Kevin Warsh has vowed to avoid sending clear signals to investors on where interest rates are headed. His top deputies made clear this week they’re willing to oblige — and investors showed they’re still listening.

UK inflation could near 5% if President Donald Trump stopped US exports of diesel, economists warned after motorists saw prices hit £2 ($2.7) per liter for the first time ever.

Rebecca Patterson, the former Bridgewater Associates LP chief investment strategist, warned that the US Federal Reserve’s unanimity on last month’s interest-rate hikes is likely to crack in October as policymakers diverge over next steps.

Some City of London executives are concerned the government may use this month’s budget to levy a windfall tax on the profits of domestic banks even as the UK operations of international lenders are exempted, according to people with knowledge of the matter.

The European Central Bank risks being pulled into the vortex of France’s bond-market troubles as surging yields raise pressure on officials to act.

The biggest force in Peru’s gold industry these days isn’t Newmont Corp. or Buenaventura. It’s the thousands of illegal miners digging across South America’s No. 1 gold producer.

Here are the key takeaways for the US employment report for September, released Friday:

The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.

The Treasury secretary is critical of claims of a “K-shaped” US economy

Premier Giorgia Meloni’s government will pare back defense spending in a late change to the budget as it seeks to shrink Italy’s deficit, according to people familiar with the matter.

French President Emmanuel Macron spoke with his US and Canadian counterparts overnight and plans to convene a meeting of Group of Seven leaders as soon as possible to help curb rising fuel prices and a crunch in refined products worldwide.

Euro-area inflation quickened more than expected to the highest in three years, bolstering expectations that the European Central Bank will lift interest rates further.