Latest in Deficit Forecast Economists
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Ryanair profit drops as airline cuts passenger forecast
European low-cost carrier blames pressure on consumers for fall in faresBusiness - Financial Times - November 4 -
Rain forecasted in key swing states on Election Day
Rain is threatening to disrupt Election Day in several key swing states. A cold front is slicing through the middle of the country, bringing a threat of rain showers and thunderstorms from the ...Politics - The Hill - November 4 -
Election forecaster predicts 218-217 House
Sabato’s Crystal Ball, a prominent election forecaster, predicted Monday that this year’s elections will result in a House divided by one vote. “Just like the presidential race, the battle for the ...Politics - The Hill - November 5 -
538's final forecasts for the 2024 election
538's final forecasts for the 2024 election for president between Donald Trump and Kamala Harris, plus the Senate and House.Top stories - ABC News - November 5 -
Honda Motor Cuts Forecasts for Car Sales, Profit
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.Business - The Wall Street Journal - November 6 -
What's the CD interest rate forecast for November 2024?
Interested in putting some money into a CD account this November? Here's what could happen with the rates on CDs.Top stories - CBS News - November 6 -
Goldman slashes European growth forecasts on Trump trouble
Elections have consequencesWorld - Financial Times - November 7 -
What's the gold price forecast for November 2024?
Planning to add gold to your portfolio soon? Here's where gold prices could be headed this month.Top stories - CBS News - November 8 -
Babcock Results Beat Forecasts on Strong Defense Demand
The defense company—a major contractor for the U.K. government—posted higher revenue and operating profits for the first half of its financial year fueled by geopolitical tensions.Business - The Wall Street Journal - 3 days ago -
Foxconn reiterates forecasts after record profits
Taiwanese contract manufacturer Foxconn on Thursday said it was reiterating its outlook but with better visibility after record earnings and profit.Business - MarketWatch - 2 days ago -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - Yesterday -
Economists see UK cutting interest rates more substantially as inflation pressures ease
Economists at Goldman Sachs forecast the Bank of England's key rate falling to 2.75% by November, well below market pricing.Business - CNBC - October 22 -
If voters think like economists, Harris has the edge, but if they focus on sticker shock, Trump will win, this expert says
With just 12 days left in a tight presidential race, all sorts of prediction models are getting attention. Oxford Economics offered two financially-focused models on Thursday,Business - MarketWatch - October 25 -
Meet OpenAI’s first chief economist—3 things you may not know about him
Dr. Aaron "Ronnie" Chatterji has been named OpenAI's first chief economist. He will lead the company's research on AI's potential economic impact.Business - CNBC - October 28 -
'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year
If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.Business - CNBC - October 30 -
Trump or Harris: Who would bring mortgage rates down? Three economists weigh in.
What will happen to mortgage rates and home prices in a prospective Trump or Harris administration? MarketWatch spoke to three economists to find out.Business - MarketWatch - November 5 -
Reeves hints UK will urge Trump not to raise tariffs as economists fear his policies will cut growth – UK politics live
Chancellor says UK’s trading relationship with US is ‘absolutely crucial’ and promises not to be a ‘passive actor’. Another Labour politician who has criticised Donald Trump strongly in the past ...World - The Guardian - November 6 -
Capital gains tax hikes 'entirely off the table' under President-elect Trump, Republican Congress, economist says
Higher capital gains taxes are unlikely under President-elect Donald Trump and a Republican-controlled Congress, experts say.Business - CNBC - November 7 -
UK can strike Trump trade deal and rebuild EU relations, says top economist
Keir Starmer can show UK is ‘open for business’, says former Bank of England chief economist Andy Haldane. Business live – latest updates The UK can strike a US trade deal with Donald Trump ...World - The Guardian - 4 days ago -
Why one economist says Elon Musk could hold the key to lower mortgage rates
One way the government can address high mortgage rates is to rein in the federal deficit, says the chief economist for the National Association of Realtors.Business - MarketWatch - 2 days ago -
Poorer nations need $1tn a year by 2030 in climate finance, top economists find
Study says funding to cope with climate breakdown needed five years earlier than expected. Poor countries need $1tn a year in climate finance by 2030, five years earlier than rich countries are ...World - The Guardian - 2 days ago -
Republican Sam Brown swings away in Nevada Senate debate amid polling deficit
GOP candidate Sam Brown spent Thursday’s Nevada Senate debate taking shots at Democratic Sen. Jacky Rosen, as he still faces a polling deficit with Election Day creeping nearer.Top stories - NBC News - October 18 -
U.S. deficit tops $1.8 trillion in 2024 as interest on debt surpasses trillion-dollar mark
The shortfall was more than 8% from the previous year and the third highest on record, the Treasury Department said Friday.Business - CNBC - October 18 -
Worries about deficit spending after election bog down U.S. government debt
With about two weeks left before the Nov. 5 election, Treasury yields extending their climb from September’s lows on Monday — spurred in part by growing concern about the path of the U.S. deficit ...Business - MarketWatch - October 21 -
10-, 30-year Treasury yields end at highest since July as deficit worries grow
Monday’s selloff in U.S. government debt pushed long-dated yields to their highest levels in almost three months amid growing concern about the potential for rising deficit spending after the Nov. ...Business - MarketWatch - October 21 -
10-year Treasury yield ends at roughly 3-month high as U.S. deficit concerns linger
Long-dated Treasury yields finished at their highest levels since late July again on Tuesday, as U.S. deficit concerns weighed on investors and traders.Business - MarketWatch - October 22 -
Treasury yields rising on potential ‘red wave’ election result that pushes up deficit
Billionaires are betting against U.S. government bonds. But yields are climbing on good news about the economy, too.Business - MarketWatch - October 23 -
Treasury market under Trump at risk from inflation, not larger fiscal deficit, says analyst
The danger to the Treasury market from a second Donald Trump presidency comes not from a sharp increase in bond issuance but revived price pressuresBusiness - MarketWatch - October 25 -
Dominant Anthony Davis helps Lakers wipe out 22-point deficit to defeat Suns
Anthony Davis again dominated inside for 36 points, Austin Reaves makes five of seven from deep to score 26, and LeBron James had 21 points and eight assists in the Lakers' 123-116 win.Sports - Yahoo Sports - October 26 -
2024 World Series: Four things the Yankees need to do to come back from 2-0 deficit to Dodgers
The Fall Classic heads to New York for Game 3 MondaySports - CBS Sports - October 27 -
Trade deficit in goods surges to 2 1/2 year high and to whittle down U.S. GDP
The U.S. trade deficit in goods jumped 15% in September to 2 1/2-year high, a much larger increase than expected that could shave some growth off gross domestic product in the third quarter.Business - MarketWatch - October 29
