Economic events
-
Business
Deutsche Bank posts 39% jump in first-quarter profit, above expectations
A sign for Deutsche Bank AG at a bank branch in the financial district of Frankfurt, Germany, on Thursday, Feb.…
Read More » -
Business
German fiscal boost won’t outweigh tariff drag for euro zone, IMF’s Europe head says
Higher German infrastructure spending will boost Europe’s economic growth in the coming years — but not enough to outweigh the…
Read More » -
Business
German finance minister says trust not yet broken with U.S., prefers zero-for-zero tariff solution
The trust between Europe and the U.S. is not yet broken despite President Donald Trump’s aggressive tariff policies, Joerg Kukies,…
Read More » -
Business
IMF forecasts U.S. fiscal deficit will dip in 2025 thanks to higher tariff revenue
The International Monetary Fund forecasts U.S. tariffs will help lower the country’s fiscal deficit a touch in 2025 even as…
Read More » -
Business
IMF slashes 2025 U.S. growth forecast to 1.8% from 2.7%, citing trade tensions
Tariffs are posing major headwinds for the U.S. and global economies, leading the International Monetary Fund to slash its 2025…
Read More » -
Business
UBS loses crown as continental Europe’s most valuable bank to Santander amid U.S. tariffs
A Santander office building in London. Luke MacGregor | Bloomberg via Getty Images Spanish lender Banco Santander has eclipsed Swiss…
Read More » -
Business
Tanking oil prices could more than double Saudi Arabia’s deficit to $75 billion and threaten spending plans: Goldman Sachs economist
Riyadh, Saudi Arabia. Johnnygreig | E+ | Getty Images Crashing oil prices triggered by waning demand, global trade war fears…
Read More » -
Business
Federal Reserve is unlikely to rescue markets and economy from tariff turmoil anytime soon
U.S. Federal Reserve Chair Jerome Powell and U.S. President Donald Trump. Craig Hudson | Evelyn Hockstein | Reuters Now that…
Read More » -
Business
Trump’s tariffs are expected to raise consumer prices, but a key question remains: By how much?
The U.S. government is set to increase tariff rates on several categories of imported products. Some economists tracking these trade…
Read More »