#dieWIRTSCHAFTSPRAXIS-VW.THINKTANK I NEWS.BLOG

A record share of households are uncertain about the US economic outlook, most expect inflation to take a bigger chunk of their incomes and the likelihood of a comfortable retirement is the lowest in a decade.

Highly imperfect payrolls data include the prospect that the US is generating almost no jobs. It’s time for policymakers to get moving.

US consumer sentiment rose to a four-month high in early September, helped by the tamest short-term inflation expectations since the end of 2020 and prospects for lower borrowing costs.

Bond traders are once again ramping up wagers on a half-point interest-rate cut by the Federal Reserve next week, just days after that bet seemed all-but-over.

The US housing market just had its worst spring selling season in a dozen years.

Former Federal Reserve Bank of New York President William Dudley said there’s scope for a half-point rate cut at the central bank’s meeting next week.

China will raise the retirement age for the first time since 1978, a move likely to slow a decline in the labor force and support the economy.

Catch up: Putin’s warning to the West; OpenAI’s new “reasoning” model

Die Ukraine verlangt von den USA und Großbritannien die Erlaubnis für den Einsatz von Raketen gegen Ziele auf russischem Gebiet. Russland sieht einen derartigen Waffeneinsatz als Kriegsbeteiligung. Alle Ukraine-Entwicklungen im Ticker.

Catch up: Putin’s warning to the West; OpenAI’s new “reasoning” model

Chinese stocks fell to the lowest since January 2019, a grim reflection of how investors have lost faith over a recovery in the country’s earnings and economy.

Clues on when the European Central Bank will next cut interest rates were in short supply on Thursday, with President Christine Lagarde and colleagues awaiting data on how drastically the economy is deteriorating — and how that will shift inflation.

Applications for US unemployment benefits ticked up for the first time in three weeks, consistent with a gradual slowdown in hiring.

US producer prices picked up only slightly in August after the previous month’s numbers were revised lower, and categories that feed into the Federal Reserve’s preferred inflation gauge were muted.

Chinese President Xi Jinping called on government officials at all levels to achieve the country’s annual growth target of around 5%, but couched it in less forceful terms than usual.

Gold climbed to a record after another faster-than-forecast US inflation print and an uptick in applications for unemployment benefits did little to alter bets that the Federal Reserve will cut interest rates next week.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

Die Europäische Zentralbank (EZB) senkt nach der geldpolitischen Wende im Juni abermals ihren zentralen Leitzins. Der für die Finanzmärkte maßgebliche Einlagesatz wurde um 0,25 Prozentpunkte auf 3,5 Prozent nach unten gesetzt, teilte die EZB am Donnerstag in Frankfurt mit. Wie es im Oktober weitergeht, ließen die Währungshüter um EZB-Chefin Christine Lagarde offen.

Goldman Sachs says weaker economic growth will lead both the European Central Bank and the Bank of England to cut interest rates at a faster pace than it previously expected.

Morgan Stanley sees the euro sliding toward parity with the dollar within months on the risk markets move to price in more aggressive policy easing by the European Central Bank to tackle a faltering economy.

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.

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.

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

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.

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.

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.