Breaking News: Economy

Who is Friedrich Merz, the favorite to become Germany’s new chancellor?

Friedrich Merz, Union candidate for chancellor and CDU federal chairman, joins the “Quadrell” TV round in the Bundestag election campaign.…

Stocks making the biggest moves after hours: KVYO, CVNA, PLTR

Check out the companies making headlines in after-hours trading: Klaviyo — The software company surged almost 6% after fourth-quarter results…

Fed minutes January 2025:

Federal Reserve officials in January agreed they would need to see inflation come down more before lowering interest rates further,…

Stocks making the biggest moves midday: OXY, HIMS, BMBL

Check out the companies making headlines in midday trading: Analog Devices — Shares gained 8% after the semiconductor manufacturing company…

Elon Musk will check with Trump on idea for tax refunds from DOGE savings

U.S. President Donald Trump speaks next to Elon Musk and X Æ A-12, Musk’s son, in the Oval Office of…

Trump suggests 25% tariffs on autos, pharma and semiconductors that could go even higher

U.S. President Donald Trump speaks at Mar-a-Lago in Palm Beach, Florida, U.S., Feb. 18, 2025.  Kevin Lamarque | Reuters President…

France’s 2026 budget to be ‘demanding’ undertaking: economy minister

Ironing out the 2026 budget of the euro zone’s second-largest economy will prove a “demanding” task, French Economy Minister Eric…

More progress on inflation needed before more rate cuts

Federal Reserve Bank Governor Michelle Bowman gives her first public remarks as a Federal policymaker at an American Bankers Association…

What companies say about the impact of MAGA policies

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and…

Here’s a potential winner from Trump tariffs: American tourists traveling abroad

A customer at a food market in Palma, Mallorca, Spain. Andrey Rudakov/Bloomberg via Getty Images As economists ring alarm bells…