Today: July 07, 2024
Today: July 07, 2024

Latest From DAVID McHUGH

Economy|News

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts

Inflation is on the way down in Europe

Inflation is down in Europe. But the European Central Bank is in no hurry to make more rate cuts
Economy|News|World

Europe's central bank hikes key interest rate to record high even as recession threat grows

The European Central Bank has hiked its key interest rate to a record high

Europe's central bank hikes key interest rate to record high even as recession threat grows
Business

European inflation eases to 2.6% as energy prices fall, food inflation slows.

Inflation just keeps dropping in Europe

European inflation eases to 2.6% as energy prices fall, food inflation slows.
Economy

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited

The European Central Bank cut its key interest rate by a quarter-point, moving ahead of the U.S. Federal Reserve as central banks around the world lean toward lowering borrowing costs — a shift with far-reaching consequences for home buyers, savers and investors

Europe Central Bank jumps ahead of the Fed in lowering rates. But future cuts may be limited
Economy

Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week

Inflation ticked up to an annual 2.6% in Europe in May

Inflation ticked up in Europe in May. That likely won't stop a central bank rate cut next week
Business|Economy|Political

Gloom settles in over Germany's economy as businesses remain downbeat about coming months

Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe’s largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling

Gloom settles in over Germany's economy as businesses remain downbeat about coming months
Economy|News|World

Oil producers led by Saudis extended supply cuts amid slack prices

Saudi Arabia and allied oil producing countries have extended their deep output cuts aimed at supporting slack prices

Oil producers led by Saudis extended supply cuts amid slack prices
Economy|News|Political

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets

Finance officials from the Group of Seven rich democracies say they have moved toward agreement on a U.S. proposal to squeeze more money for Ukraine from Russian assets frozen in their countries

G7 officials make progress but no final deal on money for Ukraine from frozen Russian assets
Economy|News|Political

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting

The U.S. is seeking to build support for squeezing more money for Ukraine out of frozen Russian assets as finance ministers from the Group of Seven rich democracies open a two-day meeting Another key topic pushed by U.S. Treasury Secretary Janet Yellen will be building a united front against China’s subsidies for solar panels and electric cars

US pushes for Ukraine aid, united front against China's trade practices at G7 finance meeting
News|Technology|World

Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that

Europe’s Airbus had established a clear sales lead over Boeing even before the American company encountered more fallout from manufacturing troubles and ongoing safety concerns

Commercial jet maker Airbus is staying humble even as Boeing flounders. There's a reason for that
News|Science|World

European Space Agency adds 5 new astronauts in only fourth class since 1978. Over 20,000 applied

The European Space Agency has added five new members to its astronaut corps

European Space Agency adds 5 new astronauts in only fourth class since 1978. Over 20,000 applied
Business|News|World

When are those rate cuts coming, already? The European Central Bank may be providing some hints

Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut

When are those rate cuts coming, already? The European Central Bank may be providing some hints
Business|Economy|News|World

Inflation has slid again in Europe. What that means for interest rates

Inflation has fallen again in Europe, to 2.4% in March

Inflation has slid again in Europe. What that means for interest rates
News|Political|World

Germany has legalized possession of small amounts of cannabis. But the buzz may not last.

Germany has legalized the possession of small amounts of marijuana

Germany has legalized possession of small amounts of cannabis. But the buzz may not last.
Business|Environment|News|World

Wind and sun are free, but it's harder to get renewable energy projects built these days. Here's why

These are turbulent times for wind and solar energy

Wind and sun are free, but it's harder to get renewable energy projects built these days. Here's why
Business|News|World

Europe's inflation is way down. But hope is gone for a quick interest rate cut

Europe's outburst of inflation is receding

Europe's inflation is way down. But hope is gone for a quick interest rate cut
Business|News|World

Beer maker Anheuser-Busch InBev reports better-than-expected Q4 earnings despite Bud Light backlash

Multinational beer and beverage company Anheuser-Busch InBev, maker of Budweiser, Bud Light, Stella Artois and Corona, has reported a 7% increase in operating profit for last year, even as as sales sagged in the United States due to a decline in demand for Bud Light

Beer maker Anheuser-Busch InBev reports better-than-expected Q4 earnings despite Bud Light backlash
Business|Economy|News|Political|World

Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast

The German government says Europe’s largest economy is in “troubled waters.”

Germany says Europe's largest economy is in 'troubled waters' and cuts its growth forecast
Business|News|Technology|World

Tech company Yandex is selling Russian operations for $5 billion. It's a big discount

The Dutch parent of pioneering Russian tech company Yandex is selling its operations in the country at a steeply discounted price of just over $5 billion to its Russia-based managers and oil company Lukoil

Tech company Yandex is selling Russian operations for $5 billion. It's a big discount
Business|News|World

Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?

Inflation is headed down in Europe

Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief?
Business|Economy|News|World

Europe's economic blahs drag on with zero growth at the end of last year

Europe’s economy failed to expand at the end of 2023

Europe's economic blahs drag on with zero growth at the end of last year
Business|Economy|News|World

Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank

The European Central Bank will likely keep interest rates unchanged Thursday

Financial markets are jonesing for interest rate cuts. Not so fast, says the European Central Bank
Business|Economy|News|World

Cutting interest rates too soon in Europe risks progress against inflation, central bank chief says

European Central Bank head Christine Lagarde says cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy

Cutting interest rates too soon in Europe risks progress against inflation, central bank chief says
Business|News|World

Europe's inflation is up after months of decline. Could it delay interest rate cuts?

Inflation is on the rebound in Europe

Europe's inflation is up after months of decline. Could it delay interest rate cuts?
Business|Economy|News|World

European Central Bank keeps its key interest rate at a record high. Now, when will it cut?

The European Central Bank has decided to keep its key interest rate at a record high and will leave it there as long as needed to battle back inflation

European Central Bank keeps its key interest rate at a record high. Now, when will it cut?

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