Economic news


McCormick Price Hikes Boost Results Despite Slow Demand

McCormick Price Hikes Boost Results Despite Slow Demand

McCormick reported higher quarterly sales ‌and profit on Thursday, as pricier seasonings and sauces helped cushion the blow from weaker consumer demand due to elevated gas prices and a cyclospora outbreak that dented volumes. McCormick, like other branded food companies, has come u...


October 2, 2026
US Sept Job Growth Misses Forecast, Labor Market Stable
US Sept Job Growth Misses Forecast, Labor Market Stable

US job growth slowed more than expected in September and the nonfarm payrolls count for the prior two months was revised sharply lower, almost...

Gold Heads for Weekly Drop on Strong Dollar, High Yields
Gold Heads for Weekly Drop on Strong Dollar, High Yields

Gold prices ​fell on Friday, reversing earlier gains, as a stronger dollar and elevated US ‌Treasury yields weighed on the non-yielding metal,...

Global Shares, Bonds Gain as Oil Drops, Jobs Data Misses
Global Shares, Bonds Gain as Oil Drops, Jobs Data Misses

Global shares rose on Friday as wild volatility in bond and currency markets eased and oil prices fell, while weaker-than-forecast US jobs data...

Oil Drops Over $3 on Talks Over Diesel, Crude Stock Releases
Oil Drops Over $3 on Talks Over Diesel, Crude Stock Releases

Oil prices fell more than $3 and European gasoil ​futures dropped over 4% on Friday after reports of talks in Europe on additional diesel and...

UK Sept Car Sales Rise 12% as EVs, Chinese Brands Gain
UK Sept Car Sales Rise 12% as EVs, Chinese Brands Gain

Britain's new car registrations rose 12% in September ‌from a year earlier to their highest level for the month since 2017, helped by...

Poland Fuel Cap May Ease Pressure on Central Bank to Tighten
Poland Fuel Cap May Ease Pressure on Central Bank to Tighten

A ​fuel price cap introduced following the Polish president's decision to approve a windfall tax ‌on energy firms will lower inflation...

Nuveen Buys Schroders, Creating $2.6T Investment Group
Nuveen Buys Schroders, Creating $2.6T Investment Group

U.S. asset manager Nuveen said ​on Thursday it ‌had completed its acquisition of British ​fund manager Schroders, ​creating a...

London Shares Recover as Bond Sell-Off Eases, Oil Slips
London Shares Recover as Bond Sell-Off Eases, Oil Slips

The UK's FTSE ​100 rebounded on Friday, as easing oil and bond yields ‌helped allay inflation concerns after a global bonds sell-off...

German Govt to Raise Forecasts Due to Strong H1, Source Says
German Govt to Raise Forecasts Due to Strong H1, Source Says

The main driver behind the German government's raised economic forecasts is an ​unexpectedly strong performance of the German economy in...

Hong Kong August Retail Sales Rise 5.6%
Hong Kong August Retail Sales Rise 5.6%

Hong Kong's August retail sales value jumped 5.6% from ​a year earlier to HK$32.1 billion ($4.09 billion) for ‌a 16th month of gains,...

Hedge Funds Struggle for Sept Gains as Rate, AI Swings Bite
Hedge Funds Struggle for Sept Gains as Rate, AI Swings Bite

Global hedge funds struggled to deliver positive returns in September as surging bond yields, higher oil prices ​and sharp swings in AI shares...

UK Firms See Smaller Price Rises, Steady Wages, BoE Shows
UK Firms See Smaller Price Rises, Steady Wages, BoE Shows

British firms expect to raise their prices slightly ​less quickly in the coming ‌12 months, a survey published by the Bank of England on...

GM Hangs on to US Sales Crown, but Toyota Closes In
GM Hangs on to US Sales Crown, but Toyota Closes In

General Motors remained the top US auto seller during the third quarter despite a dip in sales, but ​Toyota Motor continued chipping away...

October 1, 2026
Rupee Drops to 2-Month Low as Global Bond Rout Deepens
Rupee Drops to 2-Month Low as Global Bond Rout Deepens

The Indian rupee dropped to its weakest level in two months as global bond yields surged to ​decadal highs and oil prices jumped, deepening...

Global Bonds Hit by Fiscal Fears; US 10Y Yield at 24Y High
Global Bonds Hit by Fiscal Fears; US 10Y Yield at 24Y High

Global bonds were engulfed in another sell-off on Thursday, squeezing already pressured government finances, as borrowing costs ‌from the US...

AI Adoption Stalls as Firms Struggle to Scale, Study Shows
AI Adoption Stalls as Firms Struggle to Scale, Study Shows

Only 13% of companies were on track with their AI initiatives, as regulatory ​hurdles and integration with legacy IT systems ‌slowed...

French Manufacturing Expands at Slower Pace in Sept, PMI
French Manufacturing Expands at Slower Pace in Sept, PMI

France's manufacturing sector expanded for a second straight month in September, although the pace of ​growth slowed as new orders fell, a...

Euro Zone Factory Growth Accelerates Again in September, PMI
Euro Zone Factory Growth Accelerates Again in September, PMI

Factory growth in the euro zone continued its upward march in September, hitting its fastest rate in more than four years, as resilient demand...

German Manufacturing Upturn Holds Firm in September, PMI
German Manufacturing Upturn Holds Firm in September, PMI

Germany's manufacturing sector sustained its upturn in September as production levels and new ​orders once again registered strong growth...

S.Korean Shares End nearly 2% Higher on Record Chip Exports
S.Korean Shares End nearly 2% Higher on Record Chip Exports

Round-up of South Korean financial markets: ​South Korean shares recouped early losses to end nearly 2% higher on ‌Thursday, led by gains...

Citi Lifts Bitcoin, Ether Targets on Strong Crypto Activity
Citi Lifts Bitcoin, Ether Targets on Strong Crypto Activity

Citigroup raised its 12-month forecasts for bitcoin and ether, citing stronger crypto activity, a ​supportive macroeconomic backdrop and a...

UK Annual House Price Growth Weakest Since Dec 2025
UK Annual House Price Growth Weakest Since Dec 2025

British annual house prices rose at their weakest annual pace since December 2025 last ​month and unexpectedly fell 0.2% on the month, in a sign...

Tech Stocks Rise on Micron, but Treasury Rout Weighs
Tech Stocks Rise on Micron, but Treasury Rout Weighs

Asian technology stocks rose on Thursday boosted by blockbuster earnings from ​AI chipmaker Micron, although US bonds struggled...

Asian Factory Activity Expands Thanks to Global AI Boom
Asian Factory Activity Expands Thanks to Global AI Boom

Factory activity across Asia expanded in September thanks to the global ‌AI boom, private surveys showed on Thursday, offering some relief to...

US Q2 GDP Revised Higher amid Robust Consumer Spending
US Q2 GDP Revised Higher amid Robust Consumer Spending

The US economy grew at a solid clip in the second quarter, driven by robust consumer spending and business investment related to the buildout of AI...

S&P 500 Dips, Nasdaq Up; Inflation Rise Matches Expectations
S&P 500 Dips, Nasdaq Up; Inflation Rise Matches Expectations

Nasdaq climbed on Wednesday and the S&P 500 dipped, but both indexes notched their second straight quarterly gains, as a...

Huawei Unveils Mate 90 Series, Leaning on Homegrown Chips
Huawei Unveils Mate 90 Series, Leaning on Homegrown Chips

Huawei Technologies [RIC:RIC:HWT.UL] unveiled its Mate 90 smartphone series on Thursday, betting on ​its in-house operating system and redesigned...

US Aug Inflation Below Forecast, Gives Fed Breathing Room
US Aug Inflation Below Forecast, Gives Fed Breathing Room

US inflation increased less than expected in August and price pressures were more moderate in the prior month than previously reported, likely...

BMW Bets on Cuts, new Models and AI to Revive its Fortunes
BMW Bets on Cuts, new Models and AI to Revive its Fortunes

BMW set out a restructuring plan on Wednesday centred on ‌AI, management cuts and two new model launches as the German luxury...

September 30, 2026
SEC Unveils New Retail Investor Proposals for Private Assets
SEC Unveils New Retail Investor Proposals for Private Assets

The US securities regulator proposed new regulations on Wednesday aimed at expanding access to private assets that have traditionally...

Ford F-150 Supplier Disruption to Impact Q3 Sales, CEO Says
Ford F-150 Supplier Disruption to Impact Q3 Sales, CEO Says

Ford CEO ​Jim Farley said a supplier issue that ‌affected F-150 pickup-truck output in recent days has been resolved, but the snag has...

US Transport Chief Sees No Safety Risk in 737 MAX Software
US Transport Chief Sees No Safety Risk in 737 MAX Software

US Transportation Secretary Sean Duffy said Wednesday he does not ​currently see any safety concern stemming from a software ‌issue involving...

General Mills Names Insider McNabb CEO, Succeeding Harmening
General Mills Names Insider McNabb CEO, Succeeding Harmening

General Mills on Wednesday appointed Chief Operating ​Officer Dana McNabb as its CEO, leaning on an insider to steer the ‌company through...

Hormel Foods to Buy Chicken Firm Brakebush for $1.06B
Hormel Foods to Buy Chicken Firm Brakebush for $1.06B

Hormel Foods ​on Wednesday said it would buy ‌family-owned chicken processor Brakebush Brothers for $1.06 billion, as the Skippy peanut...

German Inflation Rises Slightly Faster Than Expected in Sept
German Inflation Rises Slightly Faster Than Expected in Sept

German ​inflation accelerated slightly more than expected ‌in September due to the energy price shock of the Iran war, following ​the trend in...

SBI Buys Nearly 40% of Reliance's $1.35B Debt Sale
SBI Buys Nearly 40% of Reliance's $1.35B Debt Sale

State Bank of India, the country's largest lender, led the demand for Reliance Industries' 130-billion-rupee ($1.35 ​billion)...

Rupee Near Bottom of Asia FX Pile as Global Headwinds Deepen
Rupee Near Bottom of Asia FX Pile as Global Headwinds Deepen

The Indian rupee was among the worst performers in Asia this quarter and over the last 30 days, hit by worries over ​elevated crude prices and...

Gold Ticks Up, but Sets for Monthly Loss on Fed Rate Outlook
Gold Ticks Up, but Sets for Monthly Loss on Fed Rate Outlook

Gold prices edged higher ​on Wednesday but remained on track for a monthly decline as prospects of higher interest ‌rates dented sentiment,...

Sterling Hits 1-Month High vs Euro on UK GDP Data, BoE Bets
Sterling Hits 1-Month High vs Euro on UK GDP Data, BoE Bets

Sterling hit ​a 6-week high versus the euro on Wednesday after data showed the UK economy grew faster than ‌previously expected in...

FTSE 100 Up on UK GDP, Set for Worst Month Since March
FTSE 100 Up on UK GDP, Set for Worst Month Since March

London's FTSE 100 ​rose on Wednesday as investors assessed stronger-than-expected GDP data, and was ‌on course for a monthly loss as...

Oil Gains as Stalled US-Iran Talks Trump Supply Recovery
Oil Gains as Stalled US-Iran Talks Trump Supply Recovery

Oil prices rose on Wednesday and were on track for a big monthly ‌gain as US-Iran talks aimed at ending their war stalled and tight...

Japan Economic Panel Members Underline BOJ Independence
Japan Economic Panel Members Underline BOJ Independence

Private-sector members of Japan's key economic advisory panel reiterated the need for close coordination on monetary policy between the...


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