The eurozone economy grew faster than expected in the third quarter of 2025, official data showed Thursday, buoyed by better-than-anticipated growth in France despite political turmoil in Europe's second-biggest economy.
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British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the third quarter as trading margins and sales volumes improved, despite falling oil prices.
The Bank of Japan kept interest rates on hold Thursday at 0.5 percent, warning of lingering economic "high uncertainties" linked to US trade tariffs.
The European Central Bank is expected to keep interest rates unchanged for its third straight meeting Thursday with inflation hovering around its target and the eurozone economy holding up.
US policymakers, financial institutions and business owners have been flying blind for almost a month as a government shutdown has stopped the release of crucial federal economic data ranging from the size of the labor force to the country's GDP.
The Federal Reserve cut rates for the second time in 2025 at its meeting this week. The rate was cut by 25 basis points and now sits at 3.75%-4.00%. The rate cut reflects a cautious approach the Fed is taking due to missing economic data and growing internal divisions among Federal Open Market Committee (FOMC)...
(The Center Square) – Economists told the U.S. Supreme Court that President Donald Trump's plan to reduce U.S. trade deficits will backfire, exacerbating the underlying issue the president used to justify the sweeping tariffs.
(The Center Square) – The Federal Reserve cut interest rates by a quarter-point on Wednesday for the second time this year, not nearly as much as President Donald Trump wants the central bank to reduce rates.
The boss of German chemicals giant BASF on Wednesday called for the European Union to relax carbon trading rules, as the firm reported a drop in core profit with the industry in crisis.
German premium carmaker Mercedes-Benz sought to reassure investors Wednesday over a feared shortage of microchips as it reported plunging third-quarter profits.
