Latest in Economic Forecast
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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 - November 14 -
Brussels downgrades Eurozone growth forecast to 1.3%
Germany’s economic struggles weigh down on region as US continues to outpace EuropeBusiness - Financial Times - November 15 -
High energy prices predicted to be 'the new normal'
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.Top stories - BBC News - 5 days ago -
Thanksgiving Travel Forecasts Hit Record 80 Million
Roads and airports could be jammed this holiday, according to estimates from AAA, which says this year’s total could be the highest ever.Business - Inc. - 5 days ago -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - 3 days ago -
UK government borrowing for October exceeds forecasts at £17.4bn
Data highlights challenges facing chancellor Rachel ReevesWorld - Financial Times - 2 days ago -
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