'September Effect'

President Trump’s pick for Fed chair is facing a multi-trillion-dollar high-wire act. The Iran war is ratcheting up inflationary pressures as the jobs market weakens. Raising or cutting interest rates right now could be problematic. But doing nothing is also risky with President ...  Show more

Australia's sky‑high cigarette taxes have slashed smoking rates - but they have also helped fuel a booming black market for illicit tobacco. Host Carmel Crimmins speaks with Assistant Customs Minister Julian Hill and economist Lachlan Vass on whether Australia’s tobacco excise ha ...  Show more

The world reels from President Trump’s sweeping tariffs with $2.4 trillion wiped off U.S. shares and governments vowing retaliation. We look at the tariff math and its impact on poor countries, plus what’s being discussed in the White House. And, as night falls in Washington on F ...  Show more

Boeing’s West coast factory workers have overwhelmingly voted to strike for more pay. Donald Trump has ruled out another debate with Vice President Kamala Harris. The Pope heads home after an ambitious trip to Asia. Plus, what’s on tap at this weekend’s Emmy Awards.     Sign up f ...  Show more

Typhoon Shanshan lashes Japan forcing millions of evacuations. Telegram’s CEO Pavel Durov is under formal investigation and banned from leaving France in a key moment for the social media sector. Nvidia’s shares tumble after results. And the new mpox strain is changing faster tha ...  Show more

A severe water crisis has taps running dry in Tehran. What we know so far about the new Epstein emails. And the loophole that has blue states inadvertently sharing driver data with ICE. Plus, an opening at the Fed. Sign up for the Reuters Econ World newsletter here. Listen to the ...  Show more