El-Erian Warns Fed After Jobs Data: ‘Inflation Is Not Dead’

US job growth in September topped all estimates, data showed Traders pull back on wagers on big Fed cuts to come this year Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after September’s surprisingly hot jobs...

EU to Impose Tariffs Up to 45% on Chinese Electric Vehicles

The new tariffs will be in effect for a period of five years China has threatened tariffs on Europe’s car and dairy sectors The European Union voted on Friday to impose tariffs as high as 45% on electric vehicles from China, threatening a broader trade conflict with...

Europe’s EV Tariff Move Heaps More Misery on Auto Investors

Latest blow follows profit warnings, balance sheet concerns Short sellers are targeting sector, analysts turn more bearish A mild rally in the shares of automakers after the European Union voted to impose tariffs on electric vehicles from China does little to...

World Food Price Index Marks Biggest Rise Since March 2022

Sugar prices saw the biggest gains on Brazil, India concerns Vegetable oils and grains also rose on worries about supplies Global food prices saw the largest jump in 2.5 years in September, with bad weather and geopolitical risks threatening to keep consumer costs...

China’s Stock Boom May Turn to Bust as in 2015, Nomura Warns

Investors should brace for the biggest stock rally in China in 16 years to turn to bust, with the economy on a much weaker footing than before the pandemic, said Nomura Holdings Inc. In the most gloomy scenario, “a stock market mania would be followed by a crash,...