Latest in Economic Changes
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Mercedes-Benz Earnings Slump on Tough Economic Backdrop, Fierce Competition
The luxury-car maker’s net profit halved in the third quarter and it said profitability in its main cars business was weaker due to softer pricing and lower sales of its higher-margin models.Business - The Wall Street Journal - October 25 -
Global Economic Leaders Confront a New Era of Industrial Policy
Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.Business - The New York Times - October 26 -
Reeves: ‘My budget will match greatest economic moments in Labour history’
The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises . Labour will launch a new era of public and private investment in hospitals, ...World - The Guardian - October 26 -
14 earnings reports and major economic data will be the stock market movers this week
Look for updates on economic growth, inflation, and jobs. It's also the biggest week of earnings season.Business - CNBC - October 27 -
FirstFT: Japan plunges into political chaos
Also in today’s newsletter, oil price falls and Franklin Templeton hit by record outflowsWorld - Financial Times - October 28 -
Can Harris’s Economic Plans Sway Small Business Owners to Vote Democratic?
Kamala Harris has leaned in with promises to aid start-ups, but proprietors are often more focused on taxes and regulations.Business - The New York Times - October 29 -
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Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality
British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environmentWorld - ABC News - October 28 -
The Biden-Harris economic record is much better than critics claim
It would be a shame if Americans went to the voting booth without understanding this important fact.Politics - The Hill - October 28 -
Democrats alarmed Harris’s economic message isn’t breaking through
Democrats are frustrated that Vice President Harris hasn't done more to sell her economic message and worry that former President Trump continues to have a sizeable advantage on what many voters ...Politics - The Hill - October 29 -
Here are the 5 most important U.S. economic issues for voters
Americans say the economy is the most pressing issue as they prepare to cast their ballots on November 5, including these five key issues.Top stories - CBS News - October 29 -
South Africa cuts growth target as economic reality bites
Lower GDP projection comes despite coalition’s charm offensive to win over foreign investorsBusiness - Financial Times - October 30 -
Harris improves her odds over Trump, according to these economic indicators
Those betting on Trump may want to consider the latest economic data, which indicate Harris could benefit from material tailwinds that become a decisive factor in a close race.Business - MarketWatch - October 31 -
Elon Musk says Trump's economic plans could cause 'temporary hardship'
Musk, the world's richest person, is a prominent supporter of Trump.Top stories - ABC News - October 31 -
Rachel Reeves’ first Budget leaves key economic challenges unresolved
OBR says announcements amount to one of the biggest fiscal loosenings of recent decadesBusiness - Financial Times - October 30 -
Chinese factory activity expands for first time in six months
Beijing set to unveil fiscal stimulus focused on struggling local governments next weekBusiness - Financial Times - October 31 -
Western consumer groups unconvinced by China’s economic stimulus efforts
Falling sales for luxury, beauty and beer companies fuel doubts about Beijing’s attempts to boost confidenceBusiness - Financial Times - October 31 -
Germany’s top economic panel gripped by strife amid internal lawsuit
Council of Economic Experts is grappling with dispute with one member over how to address potential conflicts of interestWorld - Financial Times - November 4 -
How the 'vibecession,' global economic uncertainty are influencing investors this election year
More than 60 countries held or will hold national elections in 2024. Here's the Principal Financial Group CEO's take on investors' response.Business - CNBC - November 5 -
Five economic areas the incoming US president needs to tackle
New administration must find a way to maintain growth while repositioning the economyWorld - Financial Times - November 5 -
Exit polls 2024: Deep economic discontent with Biden drove voters to Trump
Broad economic discontent and sharp divisions about the nation’s future mark voter attitudes nationally in ABC News' preliminary exit poll results.Top stories - ABC News - November 6 -
Trump leverages economic discontent, extends his appeal -- and breaks mold: ANALYSIS
While ABC News had not projected a winner by early Wednesday morning, Trump's performance broke the mold across a variety of measures.Top stories - ABC News - November 6 -
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Europe praises Trump's victory amid wider fears of an impending economic nightmare
European leaders are congratulating Donald Trump for his victory, while sources add the outcome is not as shocking as when he clinched victory in 2016.Business - CNBC - November 6 -
Trump’s Economic Plans Could Worsen Inflation, Economists Say
Many Americans fretted about inflation as they headed out to vote. But Donald J. Trump’s approach comes with risks of a renewed boost.Business - The New York Times - November 6 -
Trump’s Newest Economic Guides Are Not Like His Old Ones
A little-known investment banker, a former hedge fund star and an acolyte of George Soros have the president-elect’s ear.Business - The New York Times - November 7 -
2 million at risk of starvation in Myanmar state amid ‘total economic collapse’
Exclusive: a UN report will accuse the military of imposing ‘collective punishment’ on Rakhine state, more than three years after seizing power in a coup . Two million people in Myanmar’s Rakhine ...World - The Guardian - November 7 -
New Interest Rate Cut Comes Amid Post-Election Economic Uncertainty
Trump’s proposed economic policies, particularly tariffs, are anticipated to push inflation up, making the Federal Reserve’s planned series of cuts much less certain.Business - Inc. - November 7 -
Investors cheer Trump’s economic agenda, defying gloomy media
Donald Trump winning the popular vote and control of Congress was not the only shocker this week; the stock market response was almost as stunning.Politics - The Hill - November 8 -
Harris's inability to address the economic concerns of families doomed her campaign
Donald Trump is poised to do more damage in his second term, while Vice President Kamala Harris failed to make history as the first female president, and Democrats must embrace aggressive populist ...Politics - The Hill - November 9 -
Democratic Rep. Ro Khanna says party needs "to be emphasizing the economic issues"
After President-elect Donald Trump won the White House and Republicans are poised to take control of the Senate, Democratic Rep. Ro Khanna tells "Face the Nation with Margaret Brennan" that the ...Top stories - CBS News - November 10 -
Rep. Ro Khanna says Democrats need "to be emphasizing the economic issues"
Rep. Ro Khanna said Democrats "need to be emphasizing the economic issues" after bruising defeats in the 2024 election.Top stories - CBS News - November 10 -
Europe Braces for Trump: ‘Worst Economic Nightmare Has Come True’
The United States is the biggest trading partner for the European Union and Britain, whose economies could be at risk from the president-elect’s policies.Business - The New York Times - November 12 -
Family offices becoming 'economic powerhouse' in private company deals
Family offices are increasingly bypassing private equity funds and buying stakes in private companies directly, according to a new survey.Business - CNBC - November 12 -
Republicans and Democrats Highly Divided in Economic Outlook Under Trump
Consumer sentiment among Republicans has soared to its highest point since Donald J. Trump left the White House, while declining among Democrats.Business - The New York Times - 6 days ago -
Investors want more urgency from Europe in tackling its economic problems
Competition with the US looks set to intensify with Donald Trump heading to the White House againWorld - Financial Times - 4 days ago -
Lewandowski: Trump to unveil administration’s economic picks next week
Corey Lewandowski, a senior adviser on President-elect Trump’s campaign, said the incoming president will unveil the administration’s economic picks next week. “But next week is when the ...Politics - The Hill - 3 days ago