Exxon and Chevron Beat Profit Expectations as Refining Surges in Q3 2026
In short, both ExxonMobil and Chevron beat profit expectations in the third quarter of 2026, because turning crude oil into […]
Finance News
ECB President Christine Lagarde to Step Down Early on February 7, 2027
The short answer: European Central Bank President Christine Lagarde will leave her job on February 7, 2027, about nine months […]
UK House Price Growth Slows to 0.5% in October, Weakest Since January 2024
In short, UK house prices are still rising compared with a year ago, but only just. Annual growth slowed to […]
Bank of Canada Raises Rates to 2.50% in First Hike Since 2023
In short, the Bank of Canada raised its policy interest rate to 2.50% on October 28, 2026. It was the […]
ECB Forecasters Now See Eurozone Inflation at 3.0% in 2026, Returning to 2% Only in 2028
Professional forecasters now expect eurozone inflation to average 3.0 percent in 2026 and 2.6 percent in 2027, and to return […]
US Inflation Rose to 3.6% in September, the Fed’s Favorite Gauge Shows
In short: US inflation picked up in September 2026. Prices rose 3.6% compared with a year earlier, up from 3.4% […]
Eurozone Economy Grew 0.4% in Q3 2026, Slower Than Q2
Direct answer: The eurozone economy grew by 0.4% in the third quarter of 2026, compared with the previous quarter. Growth […]
Bank of Japan Holds Rates as Central Banks Pause and Tech Shares Fall
Direct answer: On October 30, 2026, the Bank of Japan kept its main interest rate at 1.25 percent. That completed […]