Economic Outlook Recession Watch
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Americans' economic confidence slips
Presented by BP — {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story Americans' economic confidence slips Americans’ confidence in the economy has slipped for the first time since the fall, a survey by Gallup ...The Hill - Politics -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
Volkswagen Hit by Drop in Car Sales But Confirms Outlook
Volkswagen posted lower sales revenue and profit margins in the first quarter on fewer vehicle sales and higher costs, but backed its full-year outlook.The Wall Street Journal - Business -
OMV Profit Tops Hopes, Keeps Outlook
OMV reported first-quarter profits ahead of forecasts despite revenue falling on lower gas prices, and backed its full-year production guidance.The Wall Street Journal - Business -
Santander Confirms Outlook Despite Profit Miss
Santander posted a below-forecast rise in first-quarter net profit, for the first quarter, but said it was on track to meet its key 2024 financial targets.The Wall Street Journal - Business -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Economic confidence slips for first time since last fall: Gallup
Americans’ confidence in the economy has dropped nine points since last month, the first time it has slipped since the fall, a survey by Gallup found. The Gallup Economic Confidence Index, which summarizes the public’s view on the current economic ...The Hill - Politics -
Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Georgia cracks down on pro-EU protesters in Russia pivot
Clashes come after rare appearance by ruling party founder Bidzina Ivanishvili criticising the westFinancial Times - World - Russia -
Adults, not students, are America’s problem
Campus protests are being routinely mishandledFinancial Times - Business -
New York police storm Columbia University and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Tory candidates distance themselves from Sunak ahead of local elections
Mayoral and council hopefuls in UK opt for different colours on campaign material and avoid references to partyFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Biden’s worst-case economic scenario is unfolding at the worst possible time
The economic growth that the administration hoped would at least outstrip inflation’s increase — and reverse some of that cumulative effect — is not.The Hill - Politics - Joe Biden -
Councils to watch in the 2024 local elections
Where might the main political parties make gains and losses in the local elections on 2 May?BBC News - Top stories -
Chris Mason: What to watch out for in local polls
The BBC's political editor breaks down what this week's local elections will mean for national politics.BBC News - Top stories -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Aston Martin Outlook on Track, New Cars to Boost Growth
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.The Wall Street Journal - World -
GSK raises profit outlook on strong vaccine and HIV drug sales
Quarterly results beat expectations and signal strong start for pharma groupFinancial Times - Business -
Why Super Micro’s stock is falling despite an upbeat growth outlook
One analyst’s price target implies 60% further downside, in part due to margin concerns, as AI competition heats up.MarketWatch - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Aston Martin Outlook on Track, New Cars to Boost Growth
Aston Martin losses grew in the first quarter on lower revenue, but said it expected the launch of four new models this year would drive growth in the second half.The Wall Street Journal - Business -
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Pandora Lifts Sales Outlook After Strong Start to Year
Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
WATCH: Biden speaks at the White House Correspondents’ Dinner
President Joe Biden poked fun at his age, Donald Trump's legal issues, Lauren Boebert and Fox News during his remarks at the annual White House Correspondents' Dinner in Washington, D.C.ABC News - Top stories - Joe Biden -
What to Watch for at Today’s Fed Meeting on Interest Rates
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Top stories - Federal Reserve