CLERMONT-FERRAND, France — Group Michelin has downgraded its full-year outlook, citing what it called "further deterioration of the business environment" in North America as revealed by third-quarter results.

The University of Michigan’s monthly consumer sentiment survey showed households feel glum amid concerns about unemployment and inflation.

The economic outlook remains fairly cloudy and Wednesday’s economic projections by FOMC members shouldn’t be taken as gospel. During Powell’s press conference following the publication of the June SEP,

Singapore’s central bank is expected to leave monetary policy unchanged this week as it weighs subdued inflation and the lingering threat of US trade measures against a resilient domestic growth outlook.

Italian luxury sports carmaker Ferrari raised its 2025 guidance in the face of global 15% tariffs on foreign car imports to the United States as the company unveiled the new powertrain and chassis of its first fully electric production vehicle.

Fed officials see more rate cuts in the remainder of 2025 than they did previously—a shift that suggests they are growing increasingly worried about the economic outlook and the weakening labor market.

The world's financial leaders will say on Wednesday that the outlook for the pandemic-ravaged global economy is less negative as steps already taken are paying off, and will vow to do more if needed to support the recovery,

AM Best has upgraded the outlook for the rated operating subsidiaries of SiriusPoint Ltd from Stable to Positive, attributing this change to the company's very strong balance sheet. The financial strength rating of A- (Excellent) and Long-Term Issuer ...