Germany’s inflation misses forecasts in November: Bund yields fall
Germany's headline inflation rose to 2.2% in November, below forecasts, with a sharp 0.2% monthly drop signalling disinflation. Core inflation hit 3.0%, the highest since…
US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts | Financial Markets
The tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.US tech stocks have catapulted the Nasdaq…
Uruguay headed for run-off vote in presidential race, forecasts suggest | Elections News
Leftist history teacher and centre-right veterinarian set for run-off vote next month, according to pollsters.Polling stations in Uruguay have closed in a presidential election race…
Charting the Global Economy: US Inflation Exceeds Forecasts
Breadcrumb Trail LinksPMN BusinessUS inflation last month was a touch stronger than forecast, helping to consolidate market bets that the Federal Reserve will opt for…
BBC Weather app forecasts hurricane force winds
The BBC Weather website and app are suffering a data fault issue, meteorologists have said, after forecasts showed hurricane force winds hitting the UK. Graphics…
Cummins forecasts bigger roles for Green, Marsh in Australia-India series | Cricket News
Pat Cummins expects his two powerful all-rounders to make a larger impact in the upcoming series between the two highest-ranked test-playing nations.Australia captain Pat Cummins…
Insurers hike rates as extreme storms like Beryl proliferate, bringing forecasts for fatter profits
Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressDamian J. TroisePublished Jul 11, 2024 • 2 minute read You can save this article by registering…
Fed Officials Dial Back Rate Forecasts, Signal Just One ’24 Cut
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Why economist forecasts of a U.S. recession were so wrong
Breadcrumb Trail LinksInvestorFinancial TimesThe factors that explain why a contraction has been a no-showAuthor of the article:Financial Times Edward YardeniPublished May 27, 2024 • 3…
Stubborn Inflation Poses Risk to Recently Upgraded US Forecasts for Economic Growth
Breadcrumb Trail LinksPMN BusinessSo far, 2024 isn’t going quite how it was supposed to for the US economy: Inflation has been higher than expected and…
Brewing up demand: Heineken’s foaming beer sales beat analysts’ forecasts
The Dutch brewer sold more beer in Q1 compared with the same time last year, with sales of premium brands doing particularly well. ADVERTISEMENTHeineken, the…
Bank of England is among world’s poorest at making economic forecasts, says report
THE Bank of England is among the world’s worst at making economic forecasts, a report says. It has “significant shortcomings” in making predictions and relies…
Singapore’s economy misses forecasts with 2.7 percent growth | Business and Economy
City-state’s performance is closely watched as a barometer of global economic conditions. Singapore’s economy grew slower than expected in the first quarter, as a struggling…
Bank of England forecasts inflation will fall to target of two per cent 18 months early
THE Bank of England yesterday forecast inflation will fall to its target of two per cent 18 months earlier than expected. The encouraging news led…
‘Forecasts of a Labour landslide are probably over the top’: UK analyst | Elections News
London, England – Britain is expected to hold a general election in the second half of 2024 and Rishi Sunak, the United Kingdom’s Conservative leader,…
High-Flying Profit Forecasts Head Back Down to Earth
Breadcrumb Trail LinksPMN BusinessS&P 500 earnings estimates for 2024 are too optimistic, about half of survey respondents say, citing risk of an economic slowdownAuthor of the…