Sign in Subscribe

economy

EU seeks to stem industrial decline with 'Made in Europe' push

EU seeks to stem industrial decline with 'Made in Europe' push

The EU unveiled Wednesday new "Made in Europe" rules to bolster the bloc's industries against fierce competition from China, in a push held up for months by wrangling over measures some see as overly protectionist. Concerning strategic sectors including cars, green tech and steel, the proposal

France says planning G7 finance meeting on Mideast

France says planning G7 finance meeting on Mideast

France said Wednesday it is planning to host a meeting of G7 finance ministers on the Middle East crisis early next week as the war fuels fears for the global economy. "I have spoken with various counterparts, in particular Scott Bessent, who is the US treasury secretary," French

Polling shows voters want 10% interest rate cap, groups say

(The Center Square) – Nearly two-thirds of voters support a 10% cap on credit card interest rates, even if it means fewer rewards programs or tougher access to credit. The poll, conducted by Data for Progress and commissioned by Groundwork Collaborative and Protect Borrowers, also found that nearly half of

Walter Schweitzer: Montana’s elected officials are failing citizens, and it’s time for change

Instead of investing in public institutions and infrastructure, creating fair tax codes, and supporting ag producers by incentivizing Montana food on local grocery store shelves and ensuring right to repair equipment, current lawmakers have sided again and again with big business and out-of-state corporations over their rural constituents’

AI not hitting European jobs for now: ECB

AI not hitting European jobs for now: ECB

Artificial intelligence has only had minor effects on employment in Europe so far, European Central Bank economists said Wednesday, but they warned the technology's future impact was uncertain. Comparing 5,000 firms, some of which reported using AI and some of which did not, the economists overall found

Adidas shares slump on downbeat profit outlook

Adidas shares slump on downbeat profit outlook

Adidas shares slumped Wednesday after the German sportswear giant gave a disappointing 2026 profit forecast and warned of a 400-million-euro ($465-million) hit from US tariffs and exchange rate effects. The maker of Gazelle and Samba trainers said it expects operating profit to rise to 2.3 billion

Chinese consumers scout lower prices, secondhand goods as spending sputters

Chinese consumers scout lower prices, secondhand goods as spending sputters

In a Shanghai shopping centre, customers browsed racks of used winter coats, $2 trousers and household appliances -- pre-used items that would have been out of place in a major Chinese mall a decade ago. But these days, stagnating wages, youth unemployment and a years-long property crisis are making