Economy Forecast Fade

ASML Expects Slower Semiconductor Recovery, Weighing on Chip Stocks

The company posted orders below analysts’ expectations as chip makers held back spending on key production equipment.

Business - The Wall Street Journal - October 15

U.S. unemployment rate to stay low in 2025, top forecaster says

U.S. economic growth should moderate in 2025 but remain relatively strong, and the unemployment rate will look a little better, Harvard economist Karen Dynan said Tuesday.

Business - MarketWatch - October 15

Meet the Election Denier Forecasting a Trump Win in the 2024 Election

Seth Keshel has become a darling among election deniers by factoring widespread voter fraud — the existence of which has been widely debunked — into his election predictions.

Tech - The New York Times - October 15

Flying Into Storms Improves Forecasts, but It Is Rare in Asia’s Typhoon Alley

While observational flights have improved forecasts for many storms in the Americas, such flights have been far fewer for storms that have hit Asia.

World - The New York Times - October 16

TSMC beats forecasts with 54% surge in profits on soaring AI demand

Taiwan Semiconductor Manufacturing Co said its sales were boosted by strong demand from smartphone makers and artificial intelligence firms

Business - MarketWatch - October 17

Victoria at risk of tornadoes as thunderstorms and giant hail lash Australia’s south-east

Bureau of Meteorology warns parts of Victoria to brace for ‘dangerous’ storm and intense rainfall that could lead to ‘life-threatening flash flooding’. Follow our Australia news live blog for ...

World - The Guardian - October 18

Hizbollah warns of escalation in Israel conflict after Yahya Sinwar killing

Threat from Lebanese militant group follows death of Hamas leader in firefight in Gaza

Business - Financial Times - October 18

British retail sales beat forecasts to rise for third straight month

Tech purchases fuel unexpected growth of 0.3%

Business - Financial Times - October 18

Trump has gained in 538's forecast, but the election is still a toss-up

538's 2024 presidential election forecast shows a very close, toss-up race, with Trump taking a small lead.

Tariff surge would damage global growth, IMF warns

In a forecast two weeks before US election the fund says greater protectionism would drag down world economy

Business - Financial Times - October 22

Heineken Sales Miss Forecasts as Consumers Shy Away From Beer

The Dutch brewer posted sales below analysts’ expectations in the third quarter as the group grappled with challenging consumer and industry trends in some markets, particularly the Americas and ...

Business - The Wall Street Journal - October 23

Thales Orders Beat Forecasts Amid Defense-Spending Surge

Thales posted orders above analysts’ expectations for the first nine months of the year as its defense and security business continued to benefit from robust military spending amid high ...

Business - The Wall Street Journal - October 23

U.S. Remains Engine of Global Growth in New IMF Forecasts

The International Monetary Fund issued its latest World Economic Outlook report, saying American economic resilience should buoy worldwide growth.

Business - Inc. - October 23

Tesla shares leap 22% after Musk predicts sales rebound

EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next year

Business - Financial Times - 6 days ago

Equinor's Key Profit Measure Lags Forecasts on Lower Oil Prices and Volumes

The Norwegian energy major reported a sharper-than-expected decline in underlying profit for the third quarter as a drop in oil prices and sales volumes offset resilient gas production.

Business - The Wall Street Journal - 6 days ago

UPS beat on revenue for the first time in 2 years, even as online sales slowed

UPS’s stock jumps toward a three-month high after earnings beat expectations, with revenue topping forecasts for the first time in nine quarters.

Business - MarketWatch - 6 days ago

Germany’s five-year tax haul to fall nearly €60bn short of forecast

Gloomier economic predictions will increase budgetary strains and government coalition tensions