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BASF CEO: EU CO₂ Trading Is A "Destruction Mechanism" For European Industry

The roadmap is already set: in the coming years, the EU and its member states will make both busines

Industry Two days ago

Trump asks for meat packer probe over beef prices

In his latest attempt to take on soaring beef prices, Trump has asked the justice department to launch a federal investigation.

Industry Three days ago

Consumer sentiment nears lowest level ever as worries build over shutdown

A University of Michigan sentiment survey showed a decline of 6.2% on the month and about 30% from a year ago.

Industry Three days ago

Chicago Fed's Goolsbee says he's cautious about further rate cuts during shutdown

The central bank official said told CNBC that he has concerns because of the lack of inflation reports.

Industry In a week

'We're past peak-restrictiveness,' BOE governor says, as bets rise on Christmas rate cut

The central bank was seen as more likely to hold rates than not, according to economists.

Industry In a week

Bank of England holds rates steady in narrow vote ahead of Autumn Budget

While the central bank was seen as more likely to hold rates than not, it's not a given, according to economists.

Industry In a week

Bank of England rate cut a close call ahead of the Autumn Budget

While the central bank is more likely to hold rates than not, it's not a given, according to economists.

Industry In a week
These Are Europe's Top Economies By Projected 2026 GDP

These Are Europe's Top Economies By Projected 2026 GDP

After two years of sluggish activity, Europes economic engine is forecast to regain traction.As Visu

Industry In a week

Op-ed: The fuel for the AI boom driving the markets is advertising. It is also an existential risk.

Joe Marchese, Executive Chairman at Human Ventures, describes a key conundrum facing OpenAI and other AI start-ups as they disrupt the ad tech industry.

Industry In a week

Private payrolls rose 42,000 in October, more than expected and countering labor market fears, ADP says

Companies added 42,000 jobs for the month, following a decline of 29,000 and topping the estimate for a gain of 22,000.

Industry In a week
Yields Rise, Rate-Cut Odds Slide As ISM Services Survey Signal Inflation Fears

Yields Rise, Rate-Cut Odds Slide As ISM Services Survey Signal Inflation Fears

After yesterday's mixed picture on Manufacturing (PMI up, ISM down), analysts expected both Services

Industry In a week
Recession Watch: Could The Next One Be Right Around The Corner

Recession Watch: Could The Next One Be Right Around The Corner

Recessions often appear crystal clear when analysed in retrospect.Its easy to sit back, glance at th

Industry In a week

The United States Outgrows All Its Major Peers

Never trust experts who criticise the U.S. economy and have argued for years that itshould follow th

Industry In a week

Pinched By Penny Shortage, US Retailers Beg Congress To Step In

Two months after the US Mint stopped churning out pennies, American retailers are feeling the pinch

Industry In a week
US Manufacturing Surveys Mixed In October; Prices Down, Production Up

US Manufacturing Surveys Mixed In October; Prices Down, Production Up

Amid the month-long vacuum of macro data, thanks to the shutdown, 'soft' survey data has become almo

Industry In a week

Annual Sales Of New Vehicles Expected To Hit Only 15.7 Million Units: Cox

The number of new vehicles sold annually in the United States is expected to hit 15.7 million units

Industry 11-02

Tariffs are expected to start showing up more in consumer prices as holiday shopping season starts

Impacts have been muted so far as companies built up inventories ahead of the duties and have absorbed some of the impact.

Industry 11-01
Chicago PMI Beats But Remains In 'Contraction' For Second Straught Year

Chicago PMI Beats But Remains In 'Contraction' For Second Straught Year

There's good news and bad news in today's macro data (what scarce data there is).MNI's Chicago Busin

Industry 10-31

European Central Bank holds rates steady as economy shows resilience

Top ECB board members told CNBC this month that the easing cycle is close to, or at its end.

Industry 10-30
Corporate Layoffs Spike As Companies Prepare For Tariff Shocks

Corporate Layoffs Spike As Companies Prepare For Tariff Shocks

At the beginning of this year corporate layoffs accelerated with thousands of DEI program employees

Industry 10-28
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