German Chancellor Olaf Scholz joined Spanish Prime Minister Pedro Sanchez in calling for the European Union to drop its plan to impose extra tariffs on Chinese-made electric vehicles, potentially undercutting the bloc’s primary tool for pushing back against Beijing’s state-backed industry.

China has strongly advised its carmakers to make sure advanced electric vehicle technology stays in the country, people familiar with the matter said, even as they build factories around the world to escape punitive tariffs on Chinese exports.

Catch up: Peru’s divisive former leader dies; OpenAI looks to raise $6.5bn

Catch up: Peru’s divisive former leader dies; OpenAI looks to raise $6.5bn

Nach der Zinswende im Juni, als die Europäische Zentralbank (EZB) erstmals nach Jahren die Zinsen um 0,25 Prozent gesenkt hat, steht am Donnerstag wohl der zweite Schritt nach unten an. Die Finanzmärkte gehen fest davon aus, dass EZB-Chefin Christine Lagarde den Einlagensatz um einen Viertelprozentpunkt auf 3,50 Prozent senken wird.

Top auto manufacturers are underutilizing several factories across Europe.

Oil climbed the most in two weeks as Hurricane Francine ripped through key oil-producing zones in the US Gulf of Mexico, prompting traders to cover bearish bets.

Goldman Sachs Group Inc. Chief Executive Officer David Solomon said there’s still a chance that the Federal Reserve could opt for a bigger rate cut than expected because of emerging signs of weakness in the employment market.

Underlying US inflation unexpectedly picked up in August on higher prices for housing and travel, undercutting the chances of an outsize Federal Reserve interest-rate cut next week.

Republican Donald Trump and Democrat Kamala Harris sparred for more than 90 minutes Tuesday in a head-to-head matchup that ended with prediction markets showing positive signs for the vice president.

Former US President Donald Trump and Vice President Kamala Harris met for their first debate in Philadelphia on Tuesday, in what could be their most-watched event before Election Day. They clashed over abortion, immigration and foreign relations. When it came to economic policy, they traded barbs over tariffs, inflation and energy proposals. Here are the candidates’ economic statements fact-checked.

Figures are a blow to chancellor Rachel Reeves who has put growth at heart of government’s agenda

Catch up: Harris’s strong showing in debate; Blinken in Ukraine

Catch up: Harris’s strong showing in debate; Blinken in Ukraine

Russland hat ballistische Raketen aus Iran erhalten. US-Außenminister Blinken spricht von einer »dramatischen Eskalation« und kündigt Sanktionen an. Drei weitere westliche Länder ziehen nach, darunter Deutschland.

Der US-Wahlkampf hat Dienstagabend (Ortszeit) in Philadelphia einen ersten Höhepunkt erreicht. Die US-Präsidentschaftskandidatin Kamala Harris und ihr Kontrahent Donald Trump überzogen einander in ihrem ersten TV-Duell mit scharfen Angriffen. „Donald Trump hat uns die schlimmste Arbeitslosigkeit seit der Großen Depression hinterlassen“, sagte Harris in der vom Sender ABC übertragenen Debatte. Trump warf der demokratischen Vizepräsidentin einmal mehr vor, eine „radikale Linke“ zu sein.

Democrat Kamala Harris and Republican Donald Trump sparred through their first debate, with the former president often on the defensive over abortion rights, the January 6 insurrection and on foreign policy.

The yen led currencies higher versus the dollar, erasing its losses this year as investors reacted to comments from a Bank of Japan board member and to the US presidential debate.

Traders in the US interest-rate options market are still betting on at least one super-sized Federal Reserve interest-rate cut this year — just probably not before the Nov. 5 US election.

Learn more about the 2024 presidential election odds and find out who will be the next US president on PredctIt.org.

German carmakers are sinking deeper into a crisis undermining the future of the country’s most important industry, with BMW AG warning that profits will get hit by a costly brake problem and Volkswagen AG scrapping job protections that workers have enjoyed for three decades.

US households’ inflation-adjusted incomes rose last year for the first time since 2019, yet they still have not fully recovered to pre-pandemic levels.

Am Dienstag bestreiten Kamala Harris und Donald Trump ihr erstes – und wohl einziges – TV-Duell im Rennen um die US-Präsidentschaft. Fast alle Expertinnen und Experten gehen davon aus, dass die Fernsehkonfrontation eine Vorentscheidung im Wahlkampf bringt. In Umfragen liegen die beiden nach einer Aufholjagd von Harris nun fast gleichauf. Entscheidend könnte sein, ob sich Trump an die Vorgaben seiner Berater hält.

Nach den Grünen fordert nun auch die Mietervereinigung Maßnahmen gegen die gestiegenen Mieten. Konkret schwebt der Vereinigung eine Begrenzung der Wohnkostenbelastung auf 25 Prozent des verfügbaren Einkommens bis 2030 vor.

The biggest US banks would face a 9% increase in capital requirements — a dramatic retreat from the original plan — after regulators agreed to sweeping changes to a proposed package of rules, according to people familiar with the matter.