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Macroeconomic trends, inflation rates, central bank policies, GDP, and labor markets.

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Inflation Backlash, Trump Fatigue Power Huge Wins for Democrats
Bloomberg • Nov 4, 2026

Inflation Backlash, Trump Fatigue Power Huge Wins for Democrats

Riding an overwhelming tide of voter angst, Democrats swept into power in Congress, with outrage over the cost of living and the war in Iran leading to a thundering rebuke of President Donald Trump and his party just two years after his dominant White House comeback.

By Catherine Lucey Read ↗
Blow for gig economy as Uber loses $81m High Court battle
The Sydney Morning Herald • Nov 4, 2026

Blow for gig economy as Uber loses $81m High Court battle

Uber will have to pay more than $81 million in payroll taxes to the state of NSW after the High Court dismissed the rideshare giant’s appeal arguing it was a “payment collection agent” and that funds sent to drivers were not wages.

By The Sydney Morning Herald Read ↗
This Is a 'Bloodbath' for GOP, Says Patrick McHenry
Bloomberg • Nov 4, 2026

This Is a 'Bloodbath' for GOP, Says Patrick McHenry

Patrick McHenry, former House Financial Services Committee Chair, says tonight's midterm election results have been a "bloodbath" for Republicans. He says higher inflation has hurt the GOP. (Source: Bloomberg)

By Bloomberg Read ↗
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