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Wednesday, February 25, 2026

CECO Environmental to Acquire Thermon Group in $2.2 Billion Deal, Creating Industrial Solutions Powerhouse

CECO Environmental announces a $2.2 billion deal to acquire Thermon Group, creating a global industrial solutions leader in environmental and thermal technologies. Learn about the strategic benefits and transaction details.

Atlanta Fed Chief Bostic Issues Stark Warning on AI’s Potential Impact on U.S. Job Market

Atlanta Federal Reserve President Raphael Bostic warns that artificial intelligence could lead to higher unemployment rates, a challenge that monetary policy alone may not be able to address. Explore the potential economic impacts and policy implications.

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

Economy

China Holds Steady: Benchmark Lending Rates Unchanged Amid Economic Balancing Act

China's central bank keeps benchmark lending rates unchanged for the ninth consecutive month, navigating economic slowdowns, currency strength, and domestic demand challenges.

U.S. Supreme Court Weighs Gun Rights for Marijuana Users

The Supreme Court is reviewing a federal law that prohibits marijuana users from owning guns, raising questions about "unlawful user" definitions and Second Amendment rights.

US Eases Venezuela Sanctions, Opening Doors for Oil Sector Engagement

OFAC issues new General Licenses expanding permitted activities in the Venezuelan energy sector, allowing for increased U.S. engagement in oil and gas operations.

Atlanta Fed Chief Bostic Issues Stark Warning on AI’s Potential Impact on U.S. Job Market

Atlanta Federal Reserve President Raphael Bostic warns that artificial intelligence could lead to higher unemployment rates, a challenge that monetary policy alone may not be able to address. Explore the potential economic impacts and policy implications.

Fed’s Goolsbee Urges Patience on Rate Cuts, Citing Persistent Inflation

Chicago Fed President Austan Goolsbee emphasizes caution on interest rate cuts, stating that inflation must show a clear path to the 2% target before further reductions are considered. He highlights concerns about services inflation and the risks of premature easing.

China Continues Gold Accumulation for Ninth Month as Forex Reserves Decline

China's central bank has continued its strategy of increasing gold holdings, marking the ninth consecutive month of accumulation in July. This move comes as...

China’s US Treasury Holdings Hit 17-Year Low Amid Shifting Global Economic Landscape

China has significantly reduced its holdings of U.S. Treasury bonds, reaching the lowest level since 2008. This strategic shift, occurring over several years, reflects...

China’s Economy Shifts Gears: AI, Green Energy, and Niche Tourism Drive Growth

China's economy is undergoing a significant structural transformation, with emerging industries like artificial intelligence and new energy sources poised to reshape the labor market...

China Ushers in 2026 with Economic Optimism and Cultural Flourishing

China has welcomed 2026 with widespread celebrations and a palpable sense of optimism, building on a successful 2025 that marked the completion of its...

China Rolls Out New Strategies to Stabilize Troubled Property Market

China's government is prioritizing the stabilization of its real estate sector, signaling a significant shift in economic policy. Facing mounting concerns over economic stability,...

China’s Property Market Plunges Deeper: Falling Prices and Sluggish Sales Signal Prolonged Downturn

China's real estate market is grappling with a deepening downturn, marked by persistent price declines and weak sales, now entering its fifth year. Despite...

China’s Property Woes Deepen: Vanke Seeks Bond Extensions Amidst Muted Credit Growth

China's real estate sector is facing renewed pressure as major developer China Vanke seeks extensions on bond payments, signaling a potential deepening of the...

Economic Uncertainty Fuels Rise of Recession-Based Content Online

Amid growing economic concerns, Kiki Rough, a 28-year-old self-employed consultant, has turned to sharing her experience and knowledge of cooking affordable meals during tough...

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