News Highlights: Top Global Markets News of the Day - Tuesday at 3 AM ET

China Moves to Jolt Ailing Economy 
 

China's central bank announced an unusually broad package that signals growing unease in Beijing after a run of downbeat numbers on jobs, spending and inflation.

 
Australia's Central Bank Keeps Rates on Hold, Defying Global Trend 
 

The Reserve Bank of Australia kept interest rates steady, deepening a split with global counterparts including the Federal Reserve that are loosening policy as they grow increasingly confident that inflation is under control.

 
BOE's Bailey Sees Key Interest Rate On Gradual Downward Path 
 

The Bank of England is likely to continue to cut its key interest rate, but is not in a rush to do so, Governor Andrew Bailey said in an interview published Tuesday.

 
Trump Issues Fresh Trade Threats, Targeting Deere 
 

The Republican presidential nominee called for a 200% tariff on goods made in Mexico that were previously made in the U.S.

 
Argentina Scrapped Its Rent Controls. Now the Market Is Thriving. 
 

Landlords in Buenos Aires are rushing to put properties back on the market, and many renters are getting better deals after the country's new president scrapped rental laws, along with most government price controls.

 
Political Betting Markets Face an Uncertain Future, Even as Their Influence Grows 
 

The future of online prediction exchanges appears to rest in the hands of an appellate court. A decision could come any day.

 
Childcare Is Key to a Healthy Jobs Market: Kashkari 
 

The Minneapolis Federal Reserve Bank president also discussed the central bank's recent rate cut and the path forward.

 
Stocks Are Having a Great Year but Worries Remain After the Rate Cut 
 

The S&P 500 and Dow Industrials just hit records, but even if investors think that the bull market can keep running, it doesn't hurt to be prepared.

 
Fed's Goolsbee Wants More Rate Cuts. The Economy Could Nail a Soft Landing. 
 

The economy is solid but rates need to come down to keep it there, Chicago Fed president Austan Goolsbee said.

 
Struggling Eurozone Faces Contraction While U.S. Keeps Pace 
 

The eurozone economy slowed sharply as the third quarter draws to a close, contrasting still-dynamic growth in the U.S., according to a series of business surveys.

(END) Dow Jones Newswires

September 24, 2024 03:15 ET (07:15 GMT)

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