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German chamber of commerce raises 2026 growth outlook to 1%

The German Chamber of Commerce and Industry on Thursday raised its 2026 growth outlook for Europe's largest economy to 1% from 0.3% but said debt-financed public spending was largely driving the expansion."The government is spending money on infrastructure and defence, and exports are providing some tailwind. We are still a long way from self-sustaining growth," said the chief executive of the lobby group, Helena Melnikov, in a statement.In its poll of 23,000 German businesses, 26% of respondents rated their current business situation as good, up 3 percentage points from early summer, while 2

Micron pauses work on $4.5 billion Taiwan plant, Bloomberg News reports

China to keep anti-dumping, anti-subsidy tariffs on US n-Propanol imports for five more years

Housebuilding slump drags down UK construction activity, PMI shows

Britain's construction sector shrank last month at its fastest pace since June as housebuilding suffered its worst month of the year, a survey showed on Thursday.The S&P Global UK Construction PMI fell to 43.6 from 46.1 in September, below every forecast in a Reuters poll of economists, whose median estimate had pointed to no change.Readings below 50 denote contraction, which has been the case for the construction PMI for nearly two years.• Civil engineering and commercial activity contracted, but the downturn was especially severe for the housing sector, which saw the biggest drop in a

Businesses see no near-term shift in US trade stance on Vietnam after midterms, amid record surplus

Binance hack prompted US regulators to check in on bank systems, sources say

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OpenAI kicks off charm offensive to change voters' view of data centers

Stunning victories by Democrats in US midterm elections this week have been interpreted by many as Americans repudiating tech industry plans to build data centers across the country. OpenAI has now embarked on new strategies to change their minds.The AI lab on Thursday laid out policies — in the works since August — intended to help the company build more trust with local communities and convince them that data centers will benefit them. OpenAI said it will no longer use non-disclosure agreements with public officials when negotiating or discussing future sites, although proprietary inf

Nippon Steel raises FY26 profit forecast by 52% on robust US Steel earnings

FIFA Council member Tashima to run as election candidate against Infantino, Japanese media report

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Trump is still in charge, but Democrats gain leverage in coming economic debate

From tariffs to oil prices, deregulation to health policy and the freight-train expansion of artificial intelligence, Democratic control of Congress will open a new phase in the battle over economic policies that drove Tuesday's broad voter rebuke of President Donald Trump and the Republican party.Congress may not have direct control over things like tariffs, immigration enforcement or the agencies that have rolled back environmental and health rules, and even de-escalation with Iran doesn't necessarily translate into a full reopening of the Strait of Hormuz and a drop in global oil prices.Bu

Seven numbers that explain Democrats' US midterm triumph

Republicans suffered a sweeping midterm rout on Tuesday, losing control of Congress as voters abandoned President Donald Trump’s party nearly everywhere, from Hispanic strongholds to deep-red territory Democrats had not cracked in generations.Democrats’ sweeping gains became clear on Wednesday as more ballots were counted and races were decided. Here are seven numbers that show the scale of the Republican defeat:99The Democratic wave covered huge swaths of the country. Republicans lost ground in 99% of the roughly 2,200 counties where most votes had been counted by Wednesday morning, ac

Trump acknowledges role of Iran war in Democratic sweep in midterm elections

Trump brags about his White House ballroom and seeks to deflect blame for GOP midterm drubbing

Arts|Economy|Election|Finance|US

Republicans confront a game-changing possibility: They can no longer count on Texas

For decades, Texas Democrats have dreamt of turning the state blue, rallying around exciting candidates who drew big crowds and big money but could not ultimately overcome the state’s stubborn conservative majority.On Tuesday, their dream finally came true – and in dramatic fashion.Not only did Democrats win the state’s high-profile Senate race, but they also captured the governor’s mansion and prevailed in other consequential races, ending a 32-year losing streak in statewide elections.It marked a stunning rejection of one-party rule in the second most populous state in the country, w

Election|Political|US

Democrats win governor, senate race in Iowa

Democratic state Rep. Josh Turek will flip Iowa’s open Senate seat, CNN’s Decision Desk projects, defeating GOP Rep. Ashley Hinson and renewing the state’s battleground status. The two were vying to replace retiring Republican Sen. Joni Ernst in a state that had been competitive until recently, but where the GOP had dominated since President Donald Trump’s emergence a decade ago. Turek’s win in part reflects the growing anxiety in farm country over rising diesel and fertilizer prices, tariff battles and more. Meanwhile, Iowa Democratic State Auditor Rob Sand will win the state�

Democrats flex congressional majorities as Trump accepts electoral losses

‘Epic’ blue wave helps Democrats take Congress in overwhelming rebuke to President Trump

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US Supreme Court rejects Trump, lets California count all ballots

Acting on the eve of the US midterm elections, the Supreme Court quickly rejected on Monday a bid by President Donald Trump's administration to temporarily block California from counting mail-in ballots from more than 20,000 registered voters who federal officials allege are likely non-US citizens. The justices denied the Justice Department's emergency request just hours after it filed it, shutting down the administration's claims over disputed ballots that could have affected thousands of voters and injected uncertainty into election outcomes. The decision represented another defeat for Tr

Economy|Political|World

International politicians react to Democrats winning US midterms

Governments and politicians around the world reacted to the Democrats winning the US midterm elections, a result that could have major implications for global trade, security and energy prices. Here is a selection of the reactions:SPANISH PRIME MINISTER PEDRO SANCHEZ ON X"Yesterday, the American people voted against policies that only serve to impoverish people. Against hatred. Against sexism. Against climate denial and against the privileges of the elites."It happened in Brazil. It has just happened in the US. And it will happen soon in Spain."NORWEGIAN PRIME MINISTER JONAS GAHR STOERE TO R

Here’s where Trump’s housing agenda stands before midterms

How Trump’s noncitizen voter lists could affect the midterms

Middle East on edge as fears mount that Iran war could restart after the midterms

With little transparency from Washington and warmongering from Tehran, people across the Middle East have been left anxious and confused, scanning for signals on whether the conflict between Iran and the United States will reignite.“The mood has definitely shifted,” a 36-year-old American living in Saudi Arabia told CNN. She plans to leave before Tuesday’s US midterm elections, after which US President Donald Trump has hinted renewed fighting is possible.“People are more cautious in general, and it feels like a waiting game to see what happens,” she added.At homes and workplaces acro

Trump says US is cutting off aid to Israel at year’s end because ‘they don’t need it’

President Donald Trump said Tuesday that the United States is cutting off $4 billion in aid to Israel at the end of the year because “they don’t need it.”Trump, speaking to Fox News on the morning of Election Day, suggested that US aid to Israel has become a powerful political talking point for Democrats and questioned why Republicans should “suffer the slings” from candidates like Michigan Democratic Senate nominee Abdul El-Sayed when Israel isn’t in need of assistance.“It’s a bad talking point because when you say, ‘Why don’t we give everybody $4 billion?’ Israel’s ou

G20 photo scrapped amid tensions over Russian foreign minister’s presence

Russian bombing of Ukrainian aid center is one of the war’s ‘deadliest attacks,’ Zelensky says

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Mississippi Senate race turns into a nail-biter

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Former federal prosecutor to lead Cornell sex assault investigation

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Crypto’s midterm spending spree stumbles as Democrats rack up big wins

The crypto industry's roughly $200 million spending spree this election stumbled Tuesday, as some of its most expensive and high-profile

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Security guard stops gunman who drove into Tampa-area Citibank Center and opened fire, killing an employee

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Wall Street ends higher after Democrats win Congress; data center stocks tumble

Wall Street closed sharply higher on Wednesday as Democrats' sweeping midterm election victory eased political uncertainty and boosted risk

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Dow has best post-midterm elections day in 44 years as Democrats take control of Congress

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Vance tries to distance himself from Iran war after GOP's deep losses in midterm elections

Election

Which Senate, governors races are still uncalled by The Associated Press

Just a handful of races for Senate and governor have not yet been called by The Associated Press as of 4 p.m. Eastern time on Wednesday

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From Iran to trade: how the US midterms impact the rest of the world

The US Democrats' "blue wave" of midterm election victories is already causing ripples across the rest of the world, where trade partners, strategic allies and enemies all

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Trump reacts to Republican losses and declines to take blame

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From LA to Scottsdale: The Founder Behind AdDynamix Is Building the Bridge Between AI and Business Tools

An LA digital advertising veteran of 28 years has moved to Scottsdale and is building what he calls the missing piece between business software and the AI assistants people now use every day. SCOTTSDALE, AZ. When Benoit Pecqueur talks about his latest company, he sounds less like a founder pitching a product and more like an operator who got tired of watching the same problem repeat itself. “Most small business owners are watching the AI revolution from the sidelines,” he says. “Not because they don’t want it. Because their tools don’t talk to ChatGPT or Claude. Their accountant still pulls

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