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CNBC Economy / Updates
- Nobel prize in economics awarded to Robert E. Hall and Michael Woodford October 12, 2026The U.S. economists were awarded for work that underpins the models used by central banks and governments to stabilize the economy.
- India’s retail inflation jumps to 5.54% in September, above estimates October 12, 2026India inflations jumps for the 11-straight month, raising prospects of a further interest rate hike
- World Bank jobs council urges 'crisis-era' employment support measures as IMF warns of AI ‘tsunami’ October 12, 2026IMF Chief Kristalina Georgieva warned AI is hitting the global labor market like a “slow-moving tsunami,” with young workers entering the job market the most exposed.