Economic events
France’s PM skirts another crisis and markets like it — but it comes at a price
France’s Prime Minister Sebastien Lecornu speaks during his statement of general policy at the French National Assembly, France s lower house of parliament, in Paris, France, on October 14, 2025. Mathilde Kaczkowski | Afp | Getty Images French Prime Minister Sebastien Lecornu’s decision to suspend a controversial pension reform has given markets some welcome relief […]
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Tax rises and spending cuts in the cards, UK finance minister hints
CHISWICK, ENGLAND – OCTOBER 09: Britain’s Chancellor of the Exchequer, Rachel Reeves visits the Sipsmith Distillery on October 09, 2025 in Chiswick, United Kingdom. The Chancellor’s visit is intended to highlight how the UK-India free trade agreement is boosting British business, and comes as Prime Minister Keir Starmer is in India promoting the new pact, […]
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Deutsche Bank upgrades Europe to positive versus the U.S. Here’s why
European equities 15 years’ of underperformance in comparison to the U.S. has come to an end, according to Deutsche Bank as it upgraded its stance on the region from neutral to positive. “Tactically, we expect further upside for European equities until year-end,” strategists at the bank said in an October note, putting it down to […]
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Global bonds rally as fresh trade tensions send investors flocking to safety
Traders work on the floor of the New York Stock Exchange. NYSE Bond yields reflect borrowing costs for the governments who issue them, but can have an effect on mortgage rates, investment returns, the wider economy and personal borrowing. Certain markets have their own domestic issues at play. An uptick in unemployment in the U.K., […]
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European markets set to open lower as positive sentiment vanishes
European stocks are expected to open lower on Tuesday, reversing largely positive sentiment at the start of the week. Source
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K-shaped cars: New vehicle prices top $50,000 while auto loan delinquencies keep rising
A salesperson (left) shows vehicles to a shopper at a Toyota dealership. Getty Images DETROIT — Look no further than the automotive industry for the latest indication that U.S. consumers could be facing a “K-shaped” economy, where the wealthy keep seeing gains while those who have lower incomes struggle. The average price paid for a […]
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Trio win 2025 Nobel economics prize for work on innovation and ‘creative destruction’
The announcement of the winner of the 2025 Nobel Prize in Economics, at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 13, 2025. Jonathan Nackstrand | Afp | Getty Images Joel Mokyr, Philippe Aghion and Peter Howitt won the 2025 Nobel economics prize for their work on how innovation and the forces […]
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France’s Macron reappoints former prime minister Lecornu as PM
Outgoing French Prime Minister Sebastien Lecornu, who submitted his government’s resignation to the French President this morning, reacts after delivering a statement at the Hotel Matignon in Paris, on October 6, 2025. Stephane Mahe | Afp | Getty Images French President Emmanuel Macron on Friday named Sebastien Lecornu as prime minister, reappointing him after he quit the job […]
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European markets tumble as Trump threatens China with tariffs hike
Stocks listed in Europe dropped Friday after U.S. President Donald Trump threatened China with a fresh wave of tariff increases. The pan-European Stoxx 600 finished Friday’s trading session down 1.3%, with most sectors and major bourses in the red. The U.K.’s FTSE 100 was down 0.9% and Germany’s DAX was lower at 1.4%. The CAC […]
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How the world’s 240,000 crypto millionaires are spending their fortunes
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The price surge in bitcoin helped created another 70,000 new crypto millionaires over the past year, adding hundreds of billions of dollars in […]
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