Profits

Autos

Mercedes-Benz Profits Drop More than 50% in Third Quarter

Photo by Manuel Pappacena via Unsplash

Mercedes-Benz is en route to cut costs after profits in the third quarter more than halved year-over-year due to weaker demand in China.

1 min read

Photo by wombatzaa via iStock

Consumer

Gym Group Finally Profitable Again Post-COVID

The Gym Group announced on Wednesday that in the first six months of this year it swung back to a profit for the first time since 2019.

1 min read

Photo by Gage Skidmore via CC BY-SA 2.0

Energy

OPEC+ and Trump Circle Each Other, But US Producers Are Playing Their Own Game

With Trump expected to chase increased oil exports and more drilling in the US, OPEC+’s fear of losing market share looms larger than ever.

2 min read
Photo by Federal Reserve Board of Governors via Public Domain Mark 1.0

Inflation & Prices

The Fed Marches into a Murky New Era

Inflation is definitely looking like a “two-handle” problem. That’s investor-speak for a rate below 3% but above the Fed’s 2% target.

2 min read
Photo by Paolo V via CC BY 2.0

Consumer

Concert Tickets and Vacation Rentals Get Hit by FTC’s War on Junk Fees

Don’t get too excited for cheaper Taylor Swift tickets: The rules just force sellers to present all the extra fees upfront.

2 min read

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