BMW AG and Porsche AG led German automaker shares lower over concerns the US will hike tariffs on imported cars after Donald Trump returns to the White House.

Die Ampelkoalition ist offenbar gescheitert: Bundeskanzler Olaf Scholz entlässt Finanzminister Christian Lindner von der FDP, wie ein Regierungssprecher in Berlin bestätigte. Scholz will in wenigen Minuten vor die Presse treten.

When the government imposes a tariff, it may be trading jobs and production in one part of the economy for jobs in another part of the economy by increasing production costs for downstream industries.

The US service sector expanded in October at the fastest pace in over two years, fueled by a pickup in hiring.

Musk Is About to Find Out What $130 Million for Trump Gets Him

Donald Trump’s rising presidential prospects rippled through global markets on Wednesday, with US stock futures rallying, Treasury yields jumping and the dollar surging the most since March 2020.

Catch up: Trump claims victory; Republicans take the Senate

Chinese lawmakers are gathering in the shadow of the US election to sign off on a fiscal package that’s set to run into the trillions of yuan yet is unlikely to put the market fully at ease.

Upmarket brands are scrambling to adjust strategy after being wrongfooted by the rapid downturn in Chinese spending.

Higher US tariffs on Chinese goods could dent growth but also force a long-awaited shift to the consumer in the world’s second-largest economy, according to economists at Goldman Sachs Group Inc.

Colombia became the latest Latin American country to raise tariffs on Chinese steel, as producers complain of the threat to local jobs from cheap imports.

When Jung Yoonseok was looking for an assembly partner for his AI chip startup, he had his pick of almost any country in Asia, including his native South Korea. Instead, the Rebellions strategy chief opted for Taiwan because of what he sees as an unparalleled combination of talent, cost and speed.

If the US were to deport the 1.7 million undocumented workers who help power its food system, trips to the supermarket will only get more expensive.

A weak October employment report keeps Federal Reserve officials on track to cut interest rates by a quarter point when they meet next week and gives them room to continue lowering borrowing costs.

Forecasters anticipate a monthly report on US employment will show a steady unemployment rate even as storms and strikes put a temporary dent in hiring.

China’s residential property sales rose in October, the first year-on-year increase of 2024, as the government’s latest stimulus blitz brought back buyers.

China’s first major economic indicators after authorities unveiled their recent stimulus push suggest the economy has stabilized somewhat, with manufacturing and housing sectors showing tentative signs of recovery.

Laut einer Schnellschätzung der Statistik Austria steigt das Preisniveau gegenüber dem Vormonat September um 0,3 Prozent

The scenario of another contested presidential race riven by violence looms as an unpriced risk for investors who have long counted on US institutional integrity as a foundation for the nation’s economic strength.

Euro-area inflation accelerated more than expected — matching the European Central Bank’s target and boosting arguments for gradual rate cuts.

The Czech economy is confronting a series of potential inflationary risks that warrant a consideration of pausing interest-rate cuts, a top central banker said.

The European Central Bank can afford to take a careful approach to lowering interest rates and officials should keep paying close attention to incoming information, according to Governing Council member Joachim Nagel.

The European Union has decided to send officials to Beijing to hold more talks aimed at finding an alternative to tariffs on electric vehicles from China, according to people familiar with the matter.

Gross domestic product was expected to increase at a 3.1% annualized pace in the third quarter.

German inflation quickened more sharply than expected and exceeded the European Central Bank’s 2% target – underpinning the challenges for policymakers in deciding on the pace and extent of further monetary-policy easing.

The world outside the US is increasingly driving Chinese electric vehicles, scrolling the web on Chinese smartphones and powering their homes with Chinese solar panels.

The Biden administration finalized restrictions on investments by US individuals and companies into advanced technology in China, including semiconductors, quantum computing and artificial intelligence.

The euro area’s economy expanded more strongly than expected in the third quarter — with even Germany avoiding the recession it was widely tipped to endure.