People walk past independent retailers on the Old High Street in Folkestone, UK, on Friday, Oct. 17, 2025. Inflation has surged on food and energy costs this year, with figures forecast to show it hitting 4% in September double the 2% target. Bloomberg | Bloomberg | Getty Images Another interest rate cut from the Bank…
A worker at Ford’s Kentucky Truck Plant on April 30, 2025. Michael Wayland | CNBC DETROIT — “A lot of cost and a lot of chaos.” That’s how Ford Motor CEO Jim Farley described the state of the automotive industry earlier this year amid geopolitical tensions, tariffs, inflation and other disruptions. All those factors created…
Chancellor of the Exchequer Rachel Reeves speaks on stage during the Labour Party conference on Sept. 29, 2025, in Liverpool, England. Ian Forsyth | Getty Images U.K. Finance Minister Rachel Reeves has reiterated her commitment to the government’s self-imposed fiscal rules, but said it must be honest with the public about the challenges the country…
Beijing Central Business District, mix of offices and apartments Ispyfriend | E+ | Getty Images Asia-Pacific markets opened higher Monday as investors awaited a slew of economic data coming out of China. Analysts polled by Reuters expect China’s economy to have slowed in the third quarter, forecasting gross domestic product to have grown 4.8% in…
Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to a senior analyst at Moody’s Ratings. Marc Pinto, the agency’s head of global private credit, acknowledged in a interview on CNBC’s “Squawk Box” that there are concerns over loose lending standards and some slack in the conditions…
Americans’ views on the economy turned more negative in the third quarter with deepening concerns about jobs, inflation and the outlook, according to the CNBC All-America Economic Survey. Together with blame for the shutdown aimed at the president and congressional Republicans, those views dragged down President Donald Trump‘s net approval rating on the economy to…
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 8:26 a.m. in London (3:26 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.5% lower, France’s CAC 40 was down…
Untere Schleuse wooden bridge in Thun, Switzerland. Education Images | Universal Images Group | Getty Images Switzerland’s government on Thursday cut its 2026 economic forecast for the country, citing the Trump administration’s punitive tariffs as a “heavy burden” on its industries. Officials held their forecast for the Swiss economy to expand by 1.3% this year,…
The Arc De Triomphe stands while automobiles travel on the Avenue des Champs-Elysees as skyscrapers sit on the city skyline in the La Defense business district in Paris, France. Christophe Morin | Bloomberg | Getty Images LONDON — European stocks was marginally higher on Thursday morning, as regional markets continue to see-saw this week. The…
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets were higher Wednesday, breaking ranks with Wall Street’s declines after U.S. and China exchanged blows in a renewed trade feud. U.S. President Donald Trump on Tuesday stateside…
