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Public Investments in the EU Should Not Be End in Themselves, Says Netherlands

The Dutch government agrees with parts of Mario Draghi's proposals for EU reforms, stressing that public investments must not be self-serving. The Netherlands supports European...

Yellen: U.S. Economy in Good Shape, Heading Toward “Soft Landing”

U.S. Treasury Secretary Janet Yellen believes the economy is in good condition and on track for a soft landing, despite recent slower job growth. 142,000...

U.S. Wholesale Inventories Rose Less Than Expected in July

U.S. wholesale inventories grew by 0.2% in July 2024, below the expected 0.3% increase. Inventories of short-term goods rose by 0.5%, while long-term goods increased...

WTO: Tariffs Tend to Hit Low-Income Households the Hardest

Tariffs disproportionately affect low-income households, women, and small businesses, according to the WTO. Countries like the U.S., Canada, and the EU have increased tariffs on...

olkswagen Replaces CFO Amid Financial Challenges

David Powels, CFO of Seat, will replace Patrik Andreas Mayer as Volkswagen's new Chief Financial Officer. Mayer will transition to Seat in Spain, where Powels...

INSEE: Olympic Boost to French Economy Fades as Year-End Approaches

France's economic growth in Q3 2024, fueled by the Paris Olympics, is expected to slow down in Q4, with a projected contraction of 0.1%. Tourism...

Inflation Expectations Among U.S. Households Remained Steady in August

Annual inflation expectations among U.S. consumers stayed at 3% in August, unchanged from July and June. Five-year inflation expectations remained stable at 2.8%, while three-year...

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