Latest in The economy avoided recession. And then it sped up. Here’s why.
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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 -
Here’s Why People Feel Like a Strong U.S. Economy Is Passing Them By
Many people feel they aren’t getting their share of strong economic expansion—and that isn’t always a disconnect from reality, according to new research.Business - Inc. - October 29 -
Orbán turns to China to boost recession-hit economy
Hungary has captured more than a quarter of Chinese capital flowing into Europe since 2022World - Financial Times - November 17 -
Trump's win could lead companies to push up prices. Here's why.
President-elect Donald Trump's vow to raise tariffs could have Americans paying more for goods, from toys to auto parts, experts say.Top stories - CBS News - November 6 -
‘Ray of hope’: German economy grows 0.2% ending recession fears
Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending. Business live – latest updates Germany’s economy grew in the three months to ...World - The Guardian - October 30 -
US economic growth slows, as Germany avoids recession and France gets Olympics boost – business live
Eurozone GDP grew by 0.4% in the last quarter, faster than expected, as Germany’s economy avoids second contraction in a row. Autumn budget live: major tax rises expected as Rachel Reeves ...World - The Guardian - October 30 -
Collapsed London Capital & Finance operated as Ponzi scheme, court rules
High Court judge finds individuals connected with scandal liable for damagesBusiness - Financial Times - November 14 -
ECB cut rates to avoid damage to economy, meeting minutes show
Hawkish policymakers agreed with move because of a strengthening ‘disinflationary trend’World - Financial Times - November 14 -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week.Business - CNBC - 4 days ago -
Weekly mortgage demand inched up, despite higher interest rates. Here's why
After flatlining the week before, mortgage demand rose last week, despite mortgage rates increasing for the fourth straight week.Top stories - NBC News - 4 days ago -
Thinking of getting a dog? Here's how to avoid falling for a puppy scam
The Better Business Bureau reported 2,500 pet scams in 2023. Brandi Munden from the American Kennel Club joins "CBS Mornings Plus" to explain how to identify a legitimate breeder and avoid scams.Top stories - CBS News - 4 days ago -
Lutnick and Bessent’s battle for Treasury secretary turns bitter as Trump expands field
Wall Street factions fight for top economic post in president-elect’s cabinetBusiness - Financial Times - 5 days ago -
Why China is betting on local governments to spur the economy
Fiscal package falls short of market hopes as Beijing braces for Trump tariffsWorld - Financial Times - November 11 -
China unveils $1.4tn package to shore up economy
Beijing is bracing for increased trade tensions with US under Donald TrumpWorld - Financial Times - November 8 -
Fed up with the economy, Americans turn to Trump
President-elect Donald Trump won Pennsylvania after losing the state in 2020. Scott Pelley visited to find out what was behind the shift this election.Top stories - CBS News - November 10