Economic outlook

Time running out for rate cuts, Jim Bianco warns before Fed meeting

Business
Jessica Roberts

“I’m in the camp that the Fed does not change policy in the summer of an election year,” the Bianco Research president ...

Germany’s economy is on shaky ground and there are few signs of hope

Business
Jessica Roberts

Federal Chancellor Olaf Scholz (SPD, r-l), Robert Habeck (Alliance 90/The Greens), Federal Minister for Economic Affairs and Climate Protection, and Christian Lindner ...

Stocks will drop, soaring US debt is worrying — and Elon Musk is overpaid, says elite investor Leon Cooperman

Business
Jessica Roberts

Leon Cooperman.Rick Wilking/Reuters Leon Cooperman expects stocks to slide this year, and is worried about soaring national debt. Stocks are already pricing ...

OPEC+ can’t cut oil production enough to push crude prices higher, energy expert says

Business
Jessica Roberts

Crude oil tankerGetty Images OPEC+ can’t cut oil output enough to push prices higher than where they’re at. According to one expert, ...

Germany slides deeper into budget crisis. Here’s what you need to know

World
David Turner

Germany’s constitutional court ruled last week that the government’s move to re-allocate emergency debt taken on during the pandemic to the current ...