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Italy’s budget deficit will match the European Union’s 3%-of-output ceiling already this year, according to people familiar with the latest draft of the country’s finance plan.

Federal Reserve Bank of Dallas President Lorie Logan said policymakers should be cautious in considering additional interest-rate reductions while inflation remains above target and the labor market relatively balanced.

Die schwache Wirtschaftsentwicklung belastet weiterhin den heimischen Arbeitsmarkt. Im Vergleich zum Vorjahresmonat stieg die Zahl der Arbeitslosen und Schulungsteilnehmer im September um 5,8 Prozent bzw. 20.455 Personen. Die Arbeitslosenquote erhöhte sich um 0,4 Prozentpunkte auf sieben Prozent, so die am Mittwoch veröffentlichten Zahlen. Laut dem Chef des Arbeitsmarktservice (AMS), Johannes Kopf, gibt es nichts Erfreuliches vom Arbeitsmarkt zu berichten.

Payrolls at US companies unexpectedly dropped in September, due at least in part to issues with data analysis.

Euro-area inflation accelerated in September, cementing the European Central Bank’s plans to keep interest rates steady for now.

Nachdem am Dienstag bekannt geworden ist, dass der Lebensmittelhändler Unimarkt mit Sitz in Traun (Bezirk Linz-Land) alle seine gut 90 Standorte – Franchise und eigene – verkaufen und sich vom Markt zurückziehen will, signalisieren Handelsketten wie Spar, Rewe und Lidl Interesse an den Standorten.

OPEC+ is to discuss fast-tracking its latest round of supply hikes in three monthly instalments of about 500,000 barrels a day as it seeks to recoup market share, a delegate said.

Es ist schon ein Kraftakt gewesen für die Gewerkschaftsseite, sich überhaupt auf neue Verhandlungen einzulassen. Das bereits fixe Gehaltspaket soll wieder aufgeschnürt werden, auch die Beamten sollen nach dem Willen der Regierung zur Gesundung des Budgets beitragen. Nach einem ersten Abtasten vor zwei Wochen geht es am Dienstag am Verhandlungstisch im Kanzleramt ums Eingemachte. Der Ausgang: offen.

The European Central Bank President Christine Lagarde said there are no serious threats to the outlook for euro-area inflation but that officials must remain vigilant.

European Central Bank Chief Economist Philip Lane said he doesn’t see any major risks to inflation in either direction, suggesting he and his colleagues may be happy to leave interest rates where they are for the time being.

President Donald Trump and Israeli Prime Minister Benjamin Netanyahu said they had agreed to a 20-point plan designed to end the war in Gaza, though the prospects for peace remained unclear without the direct involvement of Hamas.

Moldova’s ruling pro-European party was on track to win re-election, keeping the country on the path to European Union membership and raising the risk of an escalation in tensions with Russia.

Beim Faserhersteller Lenzing (Bezirk Vöcklabruck) ist der kolportierte Abbau von bis zu 500 Stellen am Montag Thema einer Betriebsversammlung und einer Aufsichtsratssitzung. Auch ein Protestmarsch der Belegschaft auf dem Betriebsgelände ist geplant.

Wall Street’s most powerful collection of stocks, the Magnificent Seven, is looking a tad dated. Make way for the Great Eight. Or maybe the Golden Dozen. Or the TenAI of GenAI.

Deutsche Lufthansa AG will cut its administrative staff by 20% across the entire group, according to a person familiar with the matter.

Western militaries can’t keep shooting down incoming drones with expensive missiles, NATO Secretary General Mark Rutte said on Thursday, adding that NATO is rapidly learning from Ukraine on how to counter Russian drones and will deploy new technologies in coming weeks.

Economists downgraded their projections for US job growth through the end of next year, helping explain why the Federal Reserve is expected continue to lower interest rates.

US personal spending rose at a solid clip in August for a third month, suggesting consumers continued to power the economy despite elevated inflation.

President Donald Trump announced a fresh round of tariffs, including a 100% duty on branded or patented pharmaceuticals starting October 1, unless a company is building a manufacturing plant in America.

US consumer sentiment fell in September to a four-month low on growing concerns about the impact of high prices on personal finances.

Robert Bosch GmbH will cut about 13,000 additional jobs at its auto-parts business as rising competition and a sluggish European car market push the manufacturer into deeper restructuring.

The US economy grew in the second quarter at the fastest pace in nearly two years as the government revised up its previous estimate of consumer spending.

Nine European banks have joined forces to develop a euro-based stablecoin, as they seek to establish an alternative in a US dollar-dominated market.

The Swiss National Bank kept borrowing costs unchanged, halting its easing cycle as officials shirk from a return to negative interest rates.

For years, Taiwan has viewed its dominance in supplying countries with cutting-edge chips as a shield from Chinese aggression. Now, officials are testing out semiconductors as a diplomatic sword.

Defense stocks rose anew across Europe and Asia on Wednesday after US President Donald Trump said NATO countries should shoot down Russian aircraft that violated their airspace and struck a more sympathetic tone on Ukraine’s chances of winning the war.

Germany is seeking to attract skilled Indian workers, its envoy said, as US President Donald Trump’s H-1B visa crackdown rattles India’s software industry and raises tensions with Washington.

European Central Bank Executive Board member Piero Cipollone doesn’t see major threats to inflation in either direction, with interest rates currently well positioned.