Bundesbank No End to German Slowdown But Recession Not Seen
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‘Ray of hope’: German economy grows 0.2% ending recession fears
Third-quarter rise in GDP lifts eurozone growth to 0.4% as a result of increased household and government spending. Business live – latest updates Germany’s economy grew in the three months to ...World - The Guardian - October 30 -
'Biggest mistake I've seen' - farcical end to Mings' dream night
Tyrone Mings became the first Englishman to concede a penalty on his Champions League debut in bizarre fashion as Aston Villa lost to Brugge.Top stories - BBC News - 3 days ago -
Lions' huge win over Cowboys ends with final score that's never been seen before in NFL history
Ladies and gentlemen, we have a scorigami!Sports - CBS Sports - October 14 -
Coty Joins Competitors in Warning of Beauty Sales Slowdown
The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...Business - The Wall Street Journal - October 14 -
Chinese economic slowdown deepens, official figures show
Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.Top stories - BBC News - October 18 -
Hermes Sales Rise 11% Despite Luxury Slowdown
Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.Business - The Wall Street Journal - October 24 -
Prada's Miu Miu Continues to Defy Luxury Slowdown
Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.Business - The Wall Street Journal - October 30 -
How Hermès is bucking the global luxury slowdown
Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.Business - CNBC - October 31 -
China consumer slowdown weighs on U.S. earnings again
From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.Business - CNBC - 4 days ago -
Why gold is a key asset in recession-proof portfolios
Think a recession is coming? Here's why you may want to buy gold.Top stories - CBS News - October 23 -
The economy avoided recession. And then it sped up. Here’s why.
The U.S. recession that was supposed to happen now appears to have become the economic expansion that just won’t end.Business - MarketWatch - October 24 -
Germany Avoids Recession, but Weak Growth Weighs on Europe
The continent’s economy continued to limp along, expanding just 0.4 percent in the latest quarter, dragged down by a loss of competitiveness.Top stories - The New York Times - October 30 -
Who will run Donald Trump’s new administration?
The new US president is expected to prize loyalty in his picks for key postsWorld - Financial Times - 3 days ago -
Trump elected US president in historic comeback
Republican defeats Kamala Harris and will return to pinnacle of global power with his ‘America First’ agendaWorld - Financial Times - 3 days ago -
How Trump won in maps and charts
President-elect gained ground in all but one state and is on course to win the popular voteWorld - Financial Times - 2 days ago -
Biden’s climate legacy in focus as US prepares for Trump’s return
Next administration set to take a radically different approach to energy policyWorld - Financial Times - 3 days ago -
Oil price slides amid China slowdown and easing Middle East fears
Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...World - The Guardian - October 15 -
Luxury goods shares fall as China slowdown hits LVMH
Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding JapanBusiness - Financial Times - October 16 -
Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown
The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.Business - The Wall Street Journal - October 17 -
FirstFT: Harris calls on America to ‘turn the page’ on Trump
Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after resultsWorld - Financial Times - October 30 -
Prada continues to defy luxury slowdown as Miu Miu sales boom
Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’Business - Financial Times - October 30 -
Cameroon's president finally seen in public
World - Yahoo News - October 22 -
Projectiles seen in sky over Tehran
Israel says it has conducted "precise strikes on military targets" in Iran.Top stories - BBC News - October 26 -
European Central Bank, seeing no signs of recession, cuts interest rates again
The European Central Bank, which sets interest rates for the 20 countries that use the euro currency, is not expecting the bloc to fall into recession as it cut borrowing costs once again after ...World - ABC News - October 17 -
New calls for Congress to return from recess for hurricane relief funding
There is a new wave of calls for Congress to come back from recess and approve a new round of hurricane relief funding with the Small Business Administration out of money for new disaster relief ...Top stories - CBS News - October 17 -
Trump backs Congress returning from recess to pass hurricane relief
Former President Trump on Monday said he would be in favor of Congress returning early from recess to pass additional aid following Hurricane Helene. “I would be in favor of it, yeah. This is a ...Politics - The Hill - October 21 -
"Mornings Memory": A look back at 1990's quirky recession
In this fun "Mornings Memory," we revisit a hands-on illustration from 1990, where large and colorful balls were used on CBS This Morning to explain the complexities of supply and demand during a ...Top stories - CBS News - October 22 -
A Key Corner of Wall Street Is Pricing in a Trump White House and No Recession
Bond traders have responded to strong economic data by lowering their forecasts for Fed rate cuts.Business - Inc. - October 23 -
‘Bad numbers, bad mood’: recession hits Germany’s Mittelstand
Many of the smaller businesses that form the country’s economic backbone say they are in ‘permanent crisis mode’World - Financial Times - October 24 -
Germany's inflation surges to 2.4% as it narrowly skirts a technical recession
Germany's inflation surged to 2.4% in October, back above the European Central Bank's 2% target, even as the country narrowly avoided a technical recession in the third quarter.Business - CNBC - October 30 -
7 big clues that a recession is going to clobber the stock market
“I would be well below my maximum equity allocation,” investment strategist Doug Ramsey cautions.Business - MarketWatch - 5 hours ago -
The ‘mother-in-law’ of German coalitions
Leftist politician Sahra Wagenknecht has emerged as kingmaker in Germany’s eastern regional governmentsWorld - Financial Times - 5 days ago -
Early voting surge seen as advantage for Harris campaign
The Harris campaign and Democratic groups are working hard to push their supporters to vote early in this year's election. Team Harris wants to maximize its early advantage, especially given that ...Politics - The Hill - October 18 -
Should Anti-Trans Campaigns Be Seen as Products of a Moment?
Everything that challenges the status quo shakes our idea of normal.Top stories - The New York Times - October 23 -
Harris’s and Trump’s Closing Messages, as Seen Through Their Ads
Kamala Harris and her allies have concentrated their spending on addressing the economy. For Donald Trump, one theme dominates: fear.Top stories - The New York Times - 5 days ago -
Emery: Mings handball 'biggest mistake' I've seen
Aston Villa's winning run in the Champions League ended after a bizarre penalty incident Wednesday that coach Unai Emery described as the "biggest mistake" he's ever seen in his career.Sports - ESPN - 2 days ago -
Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown
Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...World - The Guardian - October 16 -
10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown
Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...Business - MarketWatch - October 30