
Basic Materials Sector Navigates Margin Pressures and Global Demand Shifts
Mining and chemical majors face a volatile landscape as uneven global industrial activity and shifting raw material costs test corporate balance sheets.
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Mining and chemical majors face a volatile landscape as uneven global industrial activity and shifting raw material costs test corporate balance sheets.

Norwegian Cruise Line lifted its full-year earnings forecast after third-quarter profits beat expectations, supported by robust booking momentum and strong onboard spending.

The Personal Consumption Expenditures price index accelerated last month, signaling persistent price pressures and potentially delaying Federal Reserve interest rate reductions.

Gross domestic product expanded at a robust pace in the third quarter, fueled by enduring consumer demand and solid corporate activity despite elevated interest rates.

The U.S. economy expanded at a robust 3.4% annualized rate in the third quarter, fueled by resilient consumer spending and firm private domestic demand.

A deep dive into headline versus core consumer prices, persistent service sector pressures, and what current inflation metrics mean for interest rates.

German consumer morale slipped heading into the new month as stubborn price pressures and broader industrial headwinds damped household spending appetites.

A brutal price war and slowing domestic demand are squeezing Chinese EV manufacturers, forcing automakers to seek growth overseas amid rising global trade barriers.

Traders broadly anticipate the Federal Reserve will hold interest rates steady this week, while pricing in potential tightening later this year.

U.S. consumer sentiment shows fresh resilience as steady job growth cushions household finances, shaping market sentiment ahead of pivotal midterm elections.

New orders for U.S. manufactured durable goods advanced in September, pointing to ongoing resilience in corporate capital spending despite elevated borrowing costs.