Oil slipped after OPEC+ agreed to another bumper output increase, raising concern that additional supply could lead to a global glut just as demand looks to be under threat from the trade war.

Things are getting awkward for the Federal Reserve.

US job growth was robust in April and the unemployment rate held steady, suggesting uncertainty over President Donald Trump’s trade policy has yet to have a material impact on hiring plans.

Economists see a darkening outlook for the US economy but are sticking by projections for two interest-rate cuts from the Federal Reserve this year.

President Donald Trump is asking Congress for deep cuts to domestic agencies and a boost to the military in a preliminary outline of his 2026 budget request to be released Friday.

US employment growth probably decelerated in April and the jobless rate held steady, illustrating healthy yet moderating labor demand entering a period when trade policy risks chilling the hiring decisions.

China said it is assessing the possibility of trade talks with the US, the first sign since Donald Trump hiked tariffs last month that negotiations could begin between the two sides.

Traders are scooping up wagers tied to the European Central Bank’s interest-rate decision in September, moving on from bets on June when a quarter-point cut is seen as a foregone conclusion.

Morgan Stanley is working on a plan to add cryptocurrency trading to its E*Trade platform, in what would be the most significant move by a major US bank to help everyday customers buy into the asset class since the Trump administration began removing regulatory barriers.

Oil declined at the end of a volatile week as traders weighed a potential supply hike from OPEC+ and the trade war’s risks to demand against a fresh threat of US sanctions against Iranian flows.

Applications for US unemployment benefits jumped to the highest level since February during the week that followed Easter.

The US and Ukraine reached a deal over access to the country’s natural resources, offering a measure of assurance to officials in Kyiv who had feared that President Donald Trump would pull back his support in peace talks with Russia.

US consumer spending jumped in March while a key measure of inflation decelerated, a welcome reprieve before tariffs are expected to broadly drive up prices.

The US economy contracted at the start of the year for the first time since 2022 on a monumental pre-tariffs import surge and softer consumer spending, a first snapshot of the ripple effects from President Donald Trump’s trade policy.

The European Central Bank should proceed carefully with additional cuts in borrowing costs due to the uncertain global environment, Governing Council Member Yannis Stournaras said.

France’s economy returned to growth at the start of the year but showed little momentum as it headed into a tougher environment marred by global trade tensions.

President Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office.

Insured losses from natural catastrophes could soar to $145 billion this year — well above the 10-year average — as population growth, urban sprawl and climate change combine to supercharge risks, according to a report by Swiss Re Institute.

Tesla paid the price for its CEO’s unprecedented side gig slashing federal bureaucracy under Trump.

Die Mutter des insolventen Motorradherstellers KTM hat im Vorjahr einen Verlust von 1,188 Milliarden Euro geschrieben. Das teilte Pierer Mobility am Montagabend in einer Ad-hoc-Mitteilung mit. Der Umsatz sei um 29 Prozent auf 1,879 Milliarden Euro eingebrochen, auch für heuer werde ein negatives operatives Ergebnis erwartet.

Defense spending surged last year by the most since at least the end of the Cold War, according to data published Monday, with European countries rushing to bolster their security in the face of threats from Russia.

European Central Bank Governing Council member Olli Rehn said there’s a danger that inflation will dip below the 2% target due to the fallout from US trade levies, reiterating that this would be grounds to further lower interest rates.

The European Central Bank will pivot to start considering an interest-rate hike by the end of this year, according to Franklin Templeton, as the region’s defense spending is likely to heat up the economy.

European Central Bank Vice President Luis de Guindos said that volatile financial markets must be watched closely amid the risk of declines spiraling out of control.

President Donald Trump’s tariff onslaught has roiled Washington and Wall Street for nearly a month. If the trade war persists, the next upheaval will hit much closer to home.

Die SPÖ hat die Wien-Wahl gewonnen und bleibt trotz leichter Verluste klar die Nummer eins. Bürgermeister Michael Ludwig (SPÖ) hat nun die Wahl zwischen drei Partnern. Er ließ sich aber noch alle Optionen offen.

The European Central Bank should only lower interest rates into accommodative territory if the growth outlook deteriorates much further, according to Governing Council member Martins Kazaks.