Germany's Moment Of Fiscal Failure – Record €503BN Budget Passed

The Bundestag on Thursday passed the 2025 budget with the votes of the CDU, CSU, and SPD. The bottom

Industry 2025-09-20 15:00

"Lost Control" - Surprise UK Budget Deficit Blowout Batters Sterling & Gilts

The fiscal farce in the UK went from bad to worse this morning as government borrowing came in signi

Industry 2025-09-19 16:40

Germany was billed as Europe's growth driver. Now economists are saying: Not so fast

Germany was a hub of excitement earlier this year amid high hopes of an economic rebound — domestically, and across Europe.

Industry 2025-09-19 15:00

Hassett says Fed made 'prudent call,' signaling White House OK with quarter-point cut

In a CNBC interview Thursday, Hassett noted that the administration, and new Fed Governor Stephen Miran, had been pushing for a bigger reduction.

Industry 2025-09-18 20:35

Rothschild Family Exploring Sale Of Their Stake In The Economist Magazine

British magnate Lynn Forester de Rothschild is considering the sale of a long held family stake in T

Industry 2025-09-18 14:55

Claude Creator Anthropic Reveals the Jobs Most Likely To Use AI

The AI giant's new report shows where and how Americans are using AI at work

Industry 2025-09-18 05:41

Wall Street Reacts To Powell's "Risk-Management" Rate Cut

As Powell begins his presser, Wall Street's kneejerk comments start coming in to what the Fed Chair

Industry 2025-09-17 22:57

Sticky UK inflation unlikely to move the needle for Bank of England

The Bank of England is watching inflation data closely after forecasting the consumer price index could peak at 4% in September.

Industry 2025-09-17 14:05

Appeals Court Rules Trump Can't Fire Cook, As Miran Wins Fed Confirmation By 1 Vote Margin

A US appeals court issued an 11th ruling, blocking President Trump from removing mortgage-challenged

Industry 2025-09-16 04:55

The Fed Models Were Wrong About The US Economy

In 2025, the mainstream Keynesian narrative that the United States would inevitably experience a rec

Industry 2025-09-15 20:25

French Government Collapse Signals Rising Eurozone Debt Risk

French Prime Minister François Bayrou failed a parliamentary confidence vote, bringing his governmen

Industry 2025-09-12 16:05

UK economy stalls in July, as slowdown sets in

Economists expect a slowdown to take hold of the U.K. in the latter half of 2025.

Industry 2025-09-12 14:05

US Deficit Explodes In August Despite Rising Tariff Revenues As Government Spending Soars

We used to dread covering the monthly update of US government income and spending because, without f

Industry 2025-09-12 03:40

Consumer prices rose at annual rate of 2.9% in August, as weekly jobless claims jump

The consumer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.

Industry 2025-09-11 20:33

European Central Bank leaves rates unchanged as tariff fallout lingers

The ECB was widely expected to hold its key deposit facility rate steady.

Industry 2025-09-11 20:16

5 takeaways from the producer price inflation report with another key reading on tap

The producer price index, a gauge of costs at the wholesale level in the U.S. economy, posted an unexpected 0.1% decline in August.

Industry 2025-09-10 21:57

Wholesale prices unexpectedly declined 0.1% in August, as Fed rate decision looms

The producer price index was expected to increase 0.3% in August, according to the Dow Jones consensus estimate.

Industry 2025-09-10 20:31

India eyes quick EU trade deal as Trump pushes higher tariffs

The talks between India and EU come as Trump urges EU to impose 100% tariffs on India and China for buying Russian oil.

Industry 2025-09-10 06:57

Important inflation reports this week expected to show prices still on the rise

The Bureau of Labor Statistics will release the producer price index on Wednesday, followed by the consumer price index the next day.

Industry 2025-09-10 03:34

U.S. economy is worse than thought with 1.2 million fewer jobs — what that means for the Fed

Pressure is on for the Fed to start lowering rates, with markets expecting a cut at each of the three remaining meetings this year.

Industry 2025-09-10 01:56