Latest in Economic Forecast
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Shopify’s stock heads for best day ever on upbeat holiday forecast
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”Business - MarketWatch - November 12 -
Spotify shares pop on better-than-expected profit forecast
Shares of Spotify rose in after-hours trading as investors focused on the company's profit forecast more than its third-quarter results.Business - CNBC - November 12 -
Siemens Profit Tops Forecasts as Data-Center Demand Offsets Automation Woes
The industrial conglomerate reported a net profit of $2 billion for the fourth quarter, beating market views, after it benefited from high demand for electrical infrastructure driven by data centers.Business - The Wall Street Journal - November 14 -
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Shrinking GDP forecast adds to German woes after coalition collapse
European Commission figures predict German economy, usually the engine of the EU, will contract O.1% this year. Business live – latest updates Germany’s looming general election will be fought ...World - The Guardian - November 15 -
Mexico ups deficit forecast as economists warn of slowing growth
Budget sets out sharp cuts to public spending as new government seeks to restore fiscal credibilityWorld - Financial Times - November 16 -
Tropical storm Sara drenches Honduras, with flash flooding and mudslides in forecast
Tropical Storm Sara has started moving slightly faster after stalling over Honduras, drenching the northern coast of the Central American nation, swelling rivers and trapping some people at homeWorld - ABC News - November 16 -
Rain and snow fronts expected before and during Thanksgiving week, forecasters say
Multiple weather fronts will push rain and snow into the Midwest, the Southeast, the mid-Atlantic and the Northeast ahead of Thanksgiving week and some of the year's busiest travel days.Top stories - NBC News - 5 days ago -
Heatwave forecast for south-eastern Australia triggers energy supply and fire danger warnings
Coming hot weather prompts Australian Energy Market Operator to predict shortfall in electricity supplies for NSW and Queensland. Follow our Australia news live blog for latest updates Get our ...World - The Guardian - 3 days ago -
Ford to cut 4,000 jobs in Europe
Headcount reduction comes as industry faces pressure over EV switch and competition from ChinaBusiness - Financial Times - 3 days ago -
Delta expects higher profits thanks to high-end travel and 'resilient economy'
Delta, the most profitable U.S. airline, expects to expand capacity by no more than 4% year-over-year in 2025.Business - CNBC - 3 days ago -
Atmospheric River Shifts South: What to Expect from the Forecast
More extreme rain will fall across the region on Thursday as forecasters warn of the potential for dangerous flooding.Top stories - The New York Times - 2 days ago -
Temu Owner PDD Misses Forecasts as Revenue Growth Slows
The Chinese e-commerce company missed sales and profit expectations, highlighting the growing challenges at home and abroad.Business - The Wall Street Journal - 2 days ago -
Gap says it picked up wealthier shoppers, and more market share, despite weak clothing demand
Shares of Gap Inc. rallied after hours on Thursday after the clothing retailer pushed its full-year outlook higher and said the holiday shopping season was “off to a strong start.”Business - MarketWatch - 2 days ago -
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.Business - CNBC - 2 days ago -
Despite steady gains, economic concerns persist among some young men. That could tip the election.
They’re a group that previous presidential candidates may have overlooked.Top stories - NBC News - October 26 -
Foreign investors flock to flagship Saudi economic conference — but face less free-flowing cash
Thousands of financiers, founders and investors are set to descend on the Saudi capital of Riyadh for the eighth edition of the kingdom's Future Investment Initiative.Business - CNBC - October 28 -
Diamond-rich Botswana holds an election with new economic challenges for a long-ruling party
Botswana will vote in a national election this week that will decide whether the ruling party extends a 58-year stretch in power in a southern African country that is a leading diamond producer and ...World - ABC News - October 28 -
‘The dynamics are different’: Singapore and Malaysia aim to finally crack economic integration with Johor special zone
The number of Singaporeans visiting or relocating to Johor could increase in coming years when a rail link between Singapore and Johor Bahru is completed.Business - CNBC - October 28 -
Japan's political instability could cloud economic policy, herald 'revolving door' of prime ministers
Analysts predict a short tenure for Prime Minister Shigeru Ishiba, with one noting that Japan could return to an era of "revolving door" prime ministers.Business - CNBC - October 29 -
Would Trump be inflationary? His supply-driven growth will lower prices, economic adviser argues.
Economist Kevin Hassett — viewed as in the running to become Federal Reserve chair in a second Trump administration — on Tuesday defended the Republican presidential nominee’s policies from the ...Business - MarketWatch - October 29 -
Elon Musk predicts ‘hardship,’ economic turmoil and a stock-market crash if Trump wins
Musk’s agenda is like your new family doctor promising a major dose of brutal chemotherapy when you are perfectly healthy and cancer-free.Business - MarketWatch - October 31 -
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 -
10-year Treasury yield hovers near 3-month high as traders digest economic data
The yield on the 10-year Treasury note hovered near a three-month high as traders combed through a fresh batch of mixed data.Business - CNBC - October 30 -
How Trump Superfan Elon Musk’s Plan to Cut $2 Trillion in Spending Could Mean Economic Chaos
The GOP candidate has spoken of making the billionaire CEO in charge of a ‘Department of Efficiency,’ but experts warn those dramatic reductions could mean instability and turmoil.Business - Inc. - October 30 -
Nevada is in a profound economic rut. Its working-class voters could swing the election
Workers have been struggling to keep up with rising costs. Trump and Harris are hyper-focused on winning them over. Urbin Gonzalez could be working inside, in the air conditioning, at his regular ...World - The Guardian - October 31 -
Black business leaders make a final push for Harris' economic plans to Black men
Black business owners and leaders are becoming more vocal in their support for Kamala Harris, praising her agenda over Donald Trump's.Business - CNBC - November 1 -
Trump’s economic team: Who could run Treasury, the Fed and energy in his second term
Even before Donald Trump was called the winner of Tuesday’s election, names had been circulating about who the Republican nominee would appoint to key posts in his second term. Now that he’s won, ...Business - MarketWatch - November 6