Latest in Europe’s heading for a recession as the U.S. consumer buckles, strategist warns
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Are U.S. stocks really headed for a ‘lost decade’? Why one strategist disagrees.
Are U.S. stocks really headed for a “lost decade,” as several prominent Wall Street firms have warned? The founder of one eponymous research shop doesn’t think so.Business - MarketWatch - October 23 -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - October 30 -
Who will run Donald Trump’s new administration?
The new US president is expected to prize loyalty in his picks for key postsWorld - Financial Times - 2 days ago -
Trump elected US president in historic comeback
Republican defeats Kamala Harris and will return to pinnacle of global power with his ‘America First’ agendaWorld - Financial Times - 2 days ago -
How Trump won in maps and charts
President-elect gained ground in all but one state and is on course to win the popular voteWorld - Financial Times - Yesterday -
Biden’s climate legacy in focus as US prepares for Trump’s return
Next administration set to take a radically different approach to energy policyWorld - Financial Times - 2 days ago -
Europe cannot finance Ukraine war if Trump pulls U.S. out of the conflict, Hungary's Orban warns
Ukraine has historically depended on foreign humanitarian and military aid to resist Russia's two-year invasion, with the U.S. and the EU providing the lion's share of this assistance.Business - CNBC - 6 hours ago -
U.S. housing market is on the ‘verge of a vicious cycle,’ which is ‘not good for America,’ Lennar Mortgage head warns
Laura Escobar, the president of Lennar Mortgage, said the lack of affordable housing options poses a threat to America’s future.Business - MarketWatch - October 29 -
Republicans preparing to reject US election result if Trump loses, warn strategists
Polling experts point to ‘fake polls’ exaggerating his support, with baseless lawsuits alleging fraud already filed. US elections 2024 – live updates Republicans are already laying the ground ...World - The Guardian - November 1 -
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.Business - Inc. - October 18 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - 3 days ago -
The Disinformation Warning Coming From the Edge of Europe
Moldova is facing a tide of disinformation unprecedented in complexity and aggression, the head of a new center meant to combat it tells WIRED. And platforms like Facebook, TikTok, Telegram and ...Tech - Wired - October 19 -
France warns it could block €15.5bn Sanofi consumer health deal
Proposed sale of controlling stake to US private equity group has sparked backlash in countryBusiness - Financial Times - October 15 -
Thursday Briefing: How Europe Sees the U.S. Election
Plus, the dark side of A.I. companionship apps.World - The New York Times - October 24 -
Why Europe is crossing its fingers as America heads to the polls
Also in this newsletter: How the EU’s incoming trade commissioner wants to police online retailersWorld - Financial Times - 3 days ago -
Supreme Court Won’t Hear Challenge to Job Protections at U.S. Consumer Watchdog
The conservative court declined to take a case that could have led to the weakening of limits on a president’s power to fire some federal agency leaders.Business - Inc. - October 22 -
U.S. consumer confidence surges in October to highest level in nine months
The U.S. consumer-confidence index surged to 108.7 in October from a revised 99.2 reading in the prior month, the Conference Board said Tuesday. This is highest level of confidence since January.Business - MarketWatch - October 29 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
Here’s Why U.S. Consumer Confidence is Climbing Ahead of Election Day
The Conference Board’s monthly report says its index notched the largest gain since March 2021.Business - Inc. - October 30 -
Europe’s economy poised to fall further behind US, IMF warns
Fund pins blame on weak productivity and ageing workforce as it highlights continent’s weak post-pandemic performanceBusiness - Financial Times - October 24 -
These countries have the most at stake as the U.S. heads to the polls
The world is watching the presidential election as voters go to the polls Tuesday, but the vote is more consequential for some countries than for others.Business - CNBC - 3 days ago -
Europe prepares for 'America First' push no matter who wins the U.S. election
Trump's first tenure at the White House was a challenging time for some European leaders.Business - CNBC - October 30 -
Jeep maker Stellantis reports 27% drop in sales
Stellantis reported a 20% drop in its shipments driven by major slumps in both Europe and North AmericaBusiness - MarketWatch - October 31 -
U.S., Europe investigating devices detonated at DHL air cargo hubs
Officials are investigating whether the devices were part of a larger operation directed by Russia or outside individuals acting in the interests of Russia, a source said.Top stories - CBS News - 3 days ago -
Europe Urges Trump to Support Ukraine but Braces for Possible Cut in U.S. Aid
European leaders have discussed how to help Ukraine fend off Russia without Washington’s support, even as they try to convince the president-elect not to cut aid to Kyiv.World - The Wall Street Journal - 6 hours ago -
Risk of vigilantes as justice system ‘on the brink’, warns Law Society head
Danger that people in England and Wales take matters ‘into their own hands’, says Richard AtkinsonBusiness - Financial Times - October 27 -
North Korea foreign minister heads to Russia as Biden warns of 'dangerous' situation
North Korea's Foreign Minister Choe Son-hui left Pyongyang on Monday night for an official visit to Russia, North Korean state-controlled media reported.Top stories - ABC News - October 29 -
U.S. Says North Korean Troops Heading to Russia's Kursk Region
The Biden administration believes that some North Korean troops are on their way to the Kursk region to help Russia fend off Ukrainian forces who mounted an offensive there in August, according to ...World - The Wall Street Journal - October 25 -
U.S. Officials Try to Advance Israel’s Cease-Fire Talks With Hezbollah and Hamas
William Burns, the C.I.A. director, made a last-ditch attempt to move Gaza talks along before U.S. elections next week.Top stories - The New York Times - October 31 -
Bond traders shake off weak jobs report, send 10-year Treasury yield to 4-month high
Long-dated Treasury yields ended at their highest levels since early July on Friday as traders looked past October’s nonfarm-payrolls report, which came in well below expectations.Business - MarketWatch - November 1 -
Chip Stock Selloff Persists in Europe, Asia After ASML Warns of Slower Recovery
Chip stocks in Europe and Asia continued to fall Wednesday after Dutch semiconductor-equipment maker ASML Holding warned the recovery for some areas of the industry could extend well into next ...Business - The Wall Street Journal - October 16 -
U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.Business - The New York Times - October 22 -
Lebanon’s Hospitals Buckle Amid Israel’s Offensive Against Hezbollah
The United Nations says “the targeting of health and relief operations is broadening” in Lebanon. Hospitals say they have been forced to close or are struggling to operate.World - The New York Times - October 15 -
State Department addresses U.S. warning to Israel over Gaza aid
Secretary of State Antony Blinken and Secretary of Defense Lloyd Austin wrote a letter to Israeli officials warning that humanitarian aid allowed into Gaza must increase or the U.S. ally could risk ...Top stories - CBS News - October 15 -
Wednesday Briefing: U.S. Warns it May Cut Israel’s Military Aid
Plus, an investigation into China’s panda breeding program.World - The New York Times - October 15 -
U.S. Warns Israel to Boost Humanitarian Aid Into Gaza or Face Consequences
The warning was conveyed in a letter sent Sunday to two top Israeli officials that included the possibility of a cutoff of U.S. military aid, officials said.World - The New York Times - October 16 -
Early Votes Pour In, and a U.S. Warning to Israel Over Gaza
Plus, the new hot item on wedding registries.Top stories - The New York Times - October 16 -
U.S. warns Israel to boost Gaza aid or risk losing weapons funding
The Biden administration has warned Israel that it could lose access to U.S. weapons funding if it doesn't increase the amount of humanitarian aid entering Gaza in the next 30 days. CBS News ...Top stories - CBS News - October 16