Jim Horgan has had a rough couple of years. As elevated interest rates created the worst housing market for sales in nearly three decades, the suburban Boston mortgage branch manager had seen his team of loan officers dwindle from eight to one, and getting customers was a slog.

Israel’s vow to retaliate against Iran for a massive missile attack on the country is bringing a focus on oil supplies from the Persian Gulf, and keeping markets on edge.

China’s leaders are aiming for economic growth of around 5% this year, an ambitous goal given sluggish consumer spending, a global backlash against Chinese goods and a still shaky property market. In September, with the target sliding out of reach, Beijing unleashed a package of stimulus measures including interest rate cuts to turn things around. Success is not assured. Persistent deflationary pressures have also sparked a discussion about whether the world’s second-biggest economy is headed fo

Seit zehn Jahren gehen die Verkaufsflächen im Einzelhandel zurück. In den vergangenen beiden Jahren habe sich das beschleunigt, so der Marktforscher RegioData. Besonders betroffen seien die Bereiche Schuhe, Elektro, Möbel und Bekleidung. „Unternehmen expandieren weniger, verkleinern teilweise ihre Flächen, und die in letzter Zeit vermehrt aufgetretenen Insolvenzen im Einzelhandel führen zusätzlich zur Schließung von Geschäften“, heißt es in einem am Donnerstag veröffentlichten Bericht. Der Ausblick sei verhalten.

Oil rose for a third day as traders assessed supply risks in the Middle East, with Israel expected to make a retaliatory strike against Iran following Tehran’s missile barrage earlier this week.

Catch up: Israel strikes central Beirut; new evidence in Trump case

Pumping more crude now can be advantageous. But the shift comes at a difficult time for Saudi Arabia.

Daron Acemoglu wants to make clear right away that he has nothing against artificial intelligence. He gets the potential. “I’m not an AI pessimist,” he declares seconds into an interview.

Der seit Dienstag laufende Streik der US-Hafenarbeiter an der Ost- und Golfküste droht der US-Wirtschaft milliardenschwere Kosten einzubrocken und sorgt vor der Präsidentschaftswahl für Unruhe. Das Weiße Haus, das bisher seine Befugnisse zu Beendigung des Arbeitskampfes nicht einsetzen will, erhöhte den Druck auf die Arbeitgeber und forderte eine rasche Einigung.

Nach mehreren israelischen Angriffen auf südliche Vororte der libanesischen Hauptstadt Beirut ist in der Nacht auf Donnerstag erstmals ein Luftangriff auf das Zentrum von Beirut erfolgt. Laut libanesischen Angaben starben dabei mindestens sechs Menschen, sieben weitere seien verletzt worden. Getroffen wurde ein Gebäude in der Nähe des Parlaments.

At 11:12 p.m. in Shenzhen on Sunday, China’s least affordable city eased rules for homebuyers. Less than an hour later, the first batch of prospective customers showed up at a sales center for a suburban project by local developer Excellence Group.

An interest-rate cut that European Central Bank officials deemed unlikely just three weeks ago now seems a near certainty when they next set borrowing costs on Oct. 17.

Health care has been a key driver of post-pandemic employment growth in the US, accounting for about one in five new jobs across the country since 2021. Now a hiring slowdown in that sector is making the broader labor market look increasingly shaky.

US business activity expanded at a slightly slower pace in early September, while expectations deteriorated and a gauge of prices received climbed to a six-month high.

The Swiss National Bank can intervene in currency markets if required and stands ready to lower interest rates again, according to new President Martin Schlegel.

Nach dem iranischen Raketenangriff mit mindestens 180 Geschoßen von Dienstagabend hat Israels Premier Benjamin Netanjahu mit Vergeltung gedroht. Der Iran habe einen großen Fehler gemacht „und er wird dafür bezahlen“. Unklar ist, wie ein Vergeltungsschlag aussehen könnte. Laut „New York Times“ („NYT“) könnte die israelische Armee iranische Nuklearanlagen angreifen.

Catch up: Israel promises revenge; Vance-Walz debate

Catch up: Israel promises revenge; Vance-Walz debate

BlackRock Inc. Chief Executive Officer Larry Fink said the market is pricing too many interest-rate cuts from the Federal Reserve given the US economy continues to grow.

Dockworkers walked out of every major port on the US East and Gulf coasts for the first time in nearly 50 years, staging a strike that could ripple across the world’s largest economy and cause political turmoil just weeks before the presidential election.

With the last traces of the global inflation shock fading, the shift toward lower borrowing costs is about to maintain momentum as economies tread toward a new year fraught with unknowns.

Federal Reserve Chair Jerome Powell said the central bank will lower interest rates “over time,” while again emphasizing that the overall US economy remains on solid footing.

Euro-area inflation slowed below the European Central Bank’s 2% target for the first time since 2021 — backing investor bets that interest rates may be lowered more quickly than previously anticipated.

Easing inflation pressures and a deteriorating euro-zone economy support the case for an interest-rate cut this month, European Central Bank Governing Council member Olli Rehn said.

Christine Lagarde said the European Central Bank is becoming more optimistic that it will be able to get inflation under control, and will reflect on that at its October interest-rate decision.

The impact of the candidates’ policies on tax breaks, tariffs, immigration, housing and inflation for the US.