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Economy / Finance
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IG Metall Demands Better Working Conditions at Tesla Grünheide Factory Ahead of March Works Council Elections
In anticipation of the upcoming works‑council elections at Tesla’s Grünheide plant at the beginning of March, IG Metall is…
DAX Declines as AI Continues to Capture Attention
The Dax slipped at the close of the Xetra session, ending at 24,801 points – a decline of…
Lazard CEO Urges Europe to Stretch Its Wings Away from US Control
Peter Orszag, the head of U.S. investment bank Lazard, urged European leaders to pursue greater independence from Washington.…
DAX Remains Flat to Previous Day’s Level as Investors Search for Direction
By mid‑morning on Monday, the German stock index had largely returned to its previous trading day’s level. At…
DAX Opens Higher Despite No Trading in the US Markets
The DAX opened Monday with gains, trading at about 24,970 points – roughly 0.2 % above the Friday close.…
German Housing Market Climate Slightly Improves at Start of Year
The mood in Germany’s residential construction sector has edged up at the beginning of the year. In January,…
Former RWI Chief Urges Major Minijob Reform After Criticizing Tax Freedom Incentives
The head of the RWI Leibniz Institute in Essen, Christoph Schmidt, calls for a fundamental reform of the mini‑job system.Schmidt…
Survey Finds Younger People Prefer Starting Their Own Businesses Over Working For Others
According to a special analysis of the KfW Start‑up Monitor for “Der Spiegel”, younger people are more inclined toward…
Ifo CEO Says Income Tax Relief Only Realistic With Spending Cuts, Fuest Criticizes Linnemann’s Plan
The president of the Munich Ifo Institute, Clemens Fuest, thinks that the Federal Government’s proposal to ease the…
Reiche Urges Flexible Labor Law Reform Amid Rubio Debate
During discussions on reforming the welfare state, Federal Minister of Economics Katherina Reiche (CDU) once again urged a relaxation…
Verdi Secures 5.8 Percent Pay Raise for Public Sector Employees Across German States
The services union Verdi and the employers of the German Länder have reached a collective‑agreement for public‑sector employees…
Euronext Opens Door to Collaboration with Deutsche Börse
Euronext has expressed a willingness to partner with Deutsche Börse. CEO Stéphane Boujnah told the “Frankfurter Allgemeine Sonntagszeitung” that…
US Inflation Hits 2.4 Percent in January Down from 2.7 Percent
The U.S. Bureau of Labor Statistics released on Friday that the overall inflation rate fell to 2.4 % in…
Verdi Calls Warning Strike at Cinestar and UCI During Berlinale Weekend
The trade union Verdi has called a warning strike for employees of cinema chains Cinestar and UCI during…
County Councils Push Employment Mandate for Basic Income Beneficiaries
In the debate about employing Bürgergeld recipients, the German County Council (DLT) signals support for a compulsory work…
Deutsche Bank CEO Pushes for Longer Working Life for Office Employees
Christian Sewing, chief executive of Deutsche Bank, said that office workers-particularly older employees-should be allowed to work longer. Speaking…
BDI Urges German Government to Act Strategically on Critical Resources
The German Association of the Industrial Sector (BDI) has voiced concerns that the federal government’s raw‑material policy is…
US Stocks Edge Higher as Inflation Rate Surprises with Substantial Decline
U.S. markets ticked higher on Friday after the sharp decline seen the day before. At the close in…
DAX Climbs After US Inflation Data Ends Week on Higher Note
The DAX finished the week higher, closing at 24,915 points by the end of Xetra trading-a gain of…
VW Falls Short on 2025 Factory Cost Targets in All German Plants
Volkswagen fell short of its internal factory‑cost targets in all German production plants in 2025. According to the…
Unemployment among Academics Rises for Third Consecutive Year
The unemployment rate for those holding academic degrees has risen for the third straight year, according to fresh…
DAX Down at Noon as Investors Fear AI Surge
The DAX finished Friday with a muted start to the trading day, remaining in the negative zone until…
Dax Opens Steady Ahead Of US Inflation Data
On Friday morning the DAX opened cautiously. At about 9:30 a.m. the index was quoted at roughly 24,828…
German Agricultural Producer Prices Fall 8.3 % in December 2025 After 5.7 % Drop in November and 1.7 % in October
The Federal Statistical Office (Destatis) announced that producer prices for agricultural products in December 2025 were 8.3 percent lower than…
DIW Demands Productivity Drive Wage Negotiations Amid Germany Public Sector Pay Storm
Amid ongoing collective bargaining disputes-including at Deutsche Bahn and within the public sector-the German Institute for Economic Research…
DAX Closes Up as Mercedes-Benz Profit Slump
30 a..m. German time – roughly 0.9 % higher than the previous day’s close. In the top‑ranked stocks were…
DAX Gains Morning While Mercedes-Benz Takes Hit
The DAX began Thursday morning trading with gains. By 9:30 a.m., the index was calculated at about 25,081 points, up…
Dax jumps with gains while Mercedes Benz slides
30 a..m. – roughly 0.9 % above the previous day’s closing level. The top movers were Siemens, Commerzbank, Deutsche Telekom and…
U.S. Stocks Slide Sharply As Fresh Labor Market Data Hit Hard
U.S. stock markets slipped sharply on Thursday. By the New York close, the Dow was at 49,452, down 1.3 %…
DAX Gains on Opening Day Amid Profit Decline at Mercedes Benz
30 a..m., an increase of about 0.9 % from yesterday’s close. Siemens led the gains, followed by Commerzbank, Deutsche…
High State Demand and Debt Ceiling Lift Drive Arms Inflation Concerns
Economist and arms‑expert Guntram Wolff of Brussels‑based think‑tank Bruegel warns that the German government’s high procurement spend and the…
DAX Holds Steady as Siemens Surpasses SAP in Market Value
The DAX edged down little at Thursday’s close after spending most of the day in the green. The…
Health Insurers Warn Against Funding Pharma Industry At Taxpayer’s Expense
The German Statutory Health Insurance Federation has formally rejected a proposal that would fund industry policy aimed at…
DAX Gains as Siemens Outpaces SAP in StocksWe already gave a suitable headline. Ensure it’s only that. No period. Done.DAX Gains as Siemens Outpaces SAP in Stocks
The DAX widened its gains on Thursday after a steady start through midday. At about 12:30 p.m. German time,…
DAX Gains as Mercedes Profit Falls While Market Closes Higher
30 a..m., a rise of roughly 0.9 percent above the previous day’s closing level. Leading the individual share performance were Siemens,…
Citigroup predicts sustained AI market boom drives continued stock gains
Citigroup believes that the market gains spurred by the artificial‑intelligence boom could continue for some time. “The AI…
Citigroup Anticipates Continued AI Stock Boom, Ready for Further Gains
Citi’s research suggests that the recent surge in stock prices, driven largely by the artificial‑intelligence (AI) boom, could…
German Sugary Drinks Production Holds Steady at 7.7 Billion Liters in 2024
In 2024 Germany manufactured 7.7 billion liters of sugary cola, sodas and other sweetened beverages, which equates to about…
Citigroup predicts AI stock boom will keep climbing in coming months
Citigroup expects that the price gains seen on the stock markets amid the artificial‑intelligence (AI) boom could continue…
Lufthansa Pilots and Flight Attendants Strike Full-Day, Massive Flight Cancellations Thursday
01 pm to build pressure in a wage dispute with the airline.. The pilots’ union, Vereinigung Cockpit (VC), is striking…
Citigroup Predicts AI Stock Surge Will Persist for a While
Citigroup predicts that the stock‑market gains linked to the current artificial‑intelligence (AI) boom could last for a while…
Citigroup Predicts Continuing AI Stock Boom
Citigroup economist Dirk Willer believes that the market rally sparked by artificial‑intelligence (AI) could keep pulling in gains for…
Citigroup Predicts AI Stock Boom Will Continue
Citigroup believes that the stock market gains driven by the artificial‑intelligence (AI) boom could persist for some time.…
MTU Urges Urgent EU Fighter Jet Decision Backing Production of Two Jets
MTU, the Munich‑based engine manufacturer that is part of Germany’s DAX group, is urging a political agreement on…
DGB Demands Rich Step Up Share of Social Welfare Costs
Amid the divergent proposals from the Union and SPD to finance the welfare state, the DGB calls for…
US Stocks Split on Wednesday as Labor Market Surges
The U.S. stock markets closed unevenly on Wednesday. By the close of trading in New York, the Dow…
US jobless rate drops to 4.3 percent in January
The U.S. unemployment rate slipped to 4.3 % in January, down from 4.4 % in December, according to the Department…
BASF Demands Swift Relief for Industry as Cefic President Calls for Quick Support
BASF chief Markus Kamieth, who also serves as president of the European chemical industry association CEFIC, called for swift…
DAX Falls, Market Struggles for Momentum
On Wednesday the DAX slipped, closing at 24,856 points, down 0.5 % from the previous day’s close. At the…
ECB Calls for Eurobond Safe Asset to Strengthen EU Financial Stability
The European Central Bank (ECB) appears to be calling for a permanent, collective debt‑issuance scheme in the form…
Dax Still Down by Midday As Oil Prices Rise Sharply
The DAX remained in the red on Wednesday after a cautiously muted opening, continuing its volatility into the…
Gasoline Prices Keep Rising While Diesel Slightly Cheaper for Truck Drivers
Fuel prices for gasoline drivers have edged up again compared with last week, while diesel buyers are currently…
German Chamber Urges EU to Act Now or Lose Global Influence
Before the EU special summit on European competitiveness, Peter Adrian, president of the German Chamber of Industry and Commerce…
Germany’s Tourism Surges to Record 497.5 Million Overnight Stays in 2025
Germany’s tourism industry set a new record in 2025, registering 497.5 million overnight stays. According to preliminary data released…
IAB Director Forecasts Mild Drop in Unemployment by 2026 Despite Ongoing Labor Market Struggles
Bernd Fitzenberger, director of the Institute for Employment Market and Career Research (IAB), sees significant challenges on the…
Germany Drives Forward Energy Transition
Germany’s transition to renewable energy is making measurable headway according to the latest Energy Transition Monitor published by…
US Stock Markets Split on Tuesday as Investors Await Labor Market Data
On Tuesday, U.S. stock markets closed in mixed fashion. By the time New York trading ended, the Dow had…
Over 100,000 NRW civil servants file wage protest against alleged non‑conform pay rules
Many civil servants in North Rhine‑Westphalia now doubt that they are receiving pay in accordance with the law.…
Valentine’s Day Gift Prices Soar Above Normal in 2025
Over the past year, several traditional Valentine’s Day gifts have become markedly more expensive for shoppers. According to…
Valentine’s Day Gift Prices Surge in 2025 as Classic Treats Soar
According to data released by the German Federal Statistical Office (Destatis) on Valentine’s Day, several traditional gifts have…
2025 Valentine’s Gift Prices Surge, Classic Tokens Outpace Inflation
Last year, many classic Valentine’s Day presents cost consumers noticeably more than usual. According to the Federal Statistical…
Lufthansa Crew Strike Causes Massive Flight Cancellations on Thursday
There are expected to be heavy flight cancellations for Lufthansa on Thursday. On Tuesday the pilots’ union Vereinigung…
German Railway Offers 6% Pay Rise Yet Locomotive Drivers Remain Unhappy
Deutsche Bahn has presented its first offer in the ongoing collective‑agreement talks. The proposal includes a base wage increase…
DAX closes just below 25000 after slight Tuesday dip
On Tuesday the DAX slipped slightly, closing at 24,988 points at the end of Xetra trading-a 0.1 % drop…
Surveys Show Wide Public Opposition to Ending Early Retirement at 63
The recent call for abolishing the so‑called “Retirement at 63” still enjoys very little support among the public.…
EU Parliament OKs Mercosur Protection Clauses to Safeguard EU Agriculture
On Tuesday, the European Parliament adopted additional protective measures for the EU’s agricultural sector, aimed at preventing possible…
JP Morgan Eyes 2026 as Global Megadeals Year After EA and Warner Bros Splash
JP Morgan’s Global Banking co‑head, Filippo Gori, told the “Handelsblatt” that a wave of large acquisitions is on its way…
DAX Rebounds to Pre-Market Levels by Noon Symrise on the Radar
The DAX returned to Monday’s closing level by mid‑afternoon, having begun Tuesday with modest losses. At 12:30 p.m. German…
Valentine’s Day Gifts Prices Surge in 2025
According to the German Federal Statistical Office (Destatis), prices for classic Valentine’s Day gifts rose more than usual…
German Housing Market Climbs 4 Percent in 2025 Following 1 Point Eight Percent Rise in 2024
Following a 1.8 % rise in 2024, German property prices increased by 4.0 % in 2025, according to the real‑estate‑price…
Dax Starts With Slight Losses Focus on Macro Data
The DAX opened the trading day on Tuesday with slight losses. At 9:30 a.m. it was calculated at…
Valentine’s Gift Prices Surge in 2025 As Classic Gifts Skyrocket for Shoppers
Last year, the cost of many classic Valentine’s Day presents rose noticeably for consumers. According to the German…
Hamburg Prepares for Public Sector Strike Ahead of Third Negotiation Round
A day before the third round of wage negotiations in the public sector of Germany’s federal states, Verdi…
German Employers Call for Strike Limits Amid Verdi’s Growing Warning Stresses
The BDA is calling for limits on the right to strike after Verdi launched another wave of warning…
Schneider Fuels Building Updates and Climate Trades as Germany Heads for 2045 Net‑Zero
The German Federal Minister for the Environment, Carsten Schneider (SPD), announced a tightening of climate‑change measures aimed at achieving…
VdK Supports SPD Plan to Use Rent and Capital Income for Health Insurance Demands Exemption Thresholds
The VdK Social Union backs the SPD’s recent call to include rental and capital‑income systematically in the financing…
Werding Warns SPD That Pulling Civil Servants Into the Statutory Pension Scheme Risks Long‑Term Financial Stability
Economist Martin Werding warns that incorporating civil servants into the statutory pension system would threaten the financial sustainability of…
US Markets Firm as Labor Talk Persists
The U.S. stock markets added broadly on Monday. At the close in New York, the Dow was roughly…
Economists Question Saxony-Anhalt’s Conditional Citizen Benefit Plan
Economists warn that Saxony-Anhalt’s premier, Sven Schulze (CDU), faces significant obstacles if he pushes ahead with a policy…
Economist Werding Rejects SPD Proposal to Tax Dividends Interest and Rental Income for Health Fund
Economics expert Martin Werding has rejected the SPD’s proposal to introduce a new health‑contribution levy on dividends, interest income,…
DAX Cracks 25,000 Again Hope for Political Clarity
At the start of the week, the DAX gained sharply. By the close of Xetra trading, the index…
Germany Extends Industrial Electricity Rate Support Beyond 2028 and Broadens Eligible Businesses
Germany’s federal government intends to prolong the validity of the industrial electricity price beyond 2028 and to widen…
Linde Aims to Slash Hundreds of Jobs in Germany
Apparently, the Linde Group plans to cut several hundred jobs in its plants division, affecting sites in Höllriegelskreuth…
Dax Loses Some Gains as AI Job Loss Fears Rise
The DAX began Monday’s trading with a modest uptick, only to trade back part of its gains by…
Hong Kong Media Mogul Jimmy Lai Sentenced to 20 Years in Prison
A Hong Kong court has sentenced 78‑year‑old media entrepreneur Jimmy Lai to 20 years in prison. Lai had already been…
DAX Rises Strong as Commerzbank Shares Gain Demand
The German benchmark index began Monday’s trading session buoyantly. At 9:30 a.m. local time the DAX was quoted at…
Germany Lags Behind EU In Adult Training As Only Nine Point Four Percent Enroll in 2024
A survey by Munich’s Ifo Institute found that in 2024 only 9.4 % of German residents aged 25 to…
German Truck Toll Index Falls 2.3% in January 2026
The freight volume of duty‑payable trucks with at least four axles on federal motorways fell by 2.3 percent in…
TUI Targets Budget Travel Expansion
Tui is turning its attention to the budget travel market, where it can offer cheaper holiday packages. “We’re…
Carnival Forecasts €2 Billion Revenue Boost for Economy
The economy can expect a revenue level during this carnival season comparable to that of the previous year.…
Owners’ Association Warns Housing Market to Weaken from Hubig Reform
The owners’ association Haus und Grund warns that the reform proposals of Justice Minister Stefanie Hubig (SPD) could weaken the housing…
Germany’s Economy Loses Nearly €1 Trillion in Ongoing Crisis Damage, Study Reveals
According to a study released on Sunday by the German Institute for Economic Research (IW), Germany’s economy has…
Germany’s Economy Ministry Plans to Cut Renewable Energy Priority in Power Grid
The Federal Ministry of Economic Affairs is planning to rethink key elements of Germany’s renewable energy expansion. According…
Schnitzer Warns Germany of US Gas Extortion Risk
Monika Schnitzer, a Munich economist, warned that Germany could become vulnerable if it relies almost entirely on US‑sourced liquid…
Utilities Target Heat Pump Subsidy Cut in New District Heating Zones
In cities, municipalities, and various sectors of the economy, concerns are growing that too few customers will opt…
Gen Z Outworks Earlier Generations, Economist Claims
Monika Schnitzer, the dean of the economics faculty, defended young people’s willingness to work against rising criticism. “Generation Z works…
U.S. Stock Markets Rally With Dow Breaking 50,000-Point Barrier
On Friday, U.S. stock exchanges posted a robust rally. By the end of New York trading, the Dow Jones…
DAX Bounces Back Before Weekend Offset Weekly Loss with Gains
The DAX finished the week higher again. At the Xetra close it stood at 24,721 points, up 0.9 %…
German Exports Up 4% in December and China Surpasses USA as Top Trade Partner
In December 2025 German exports rose by 4.0 % and imports by 1.4 % on the basis of calendar‑ and seasonally…
DAX Bounces to Midday Gains as Government Bonds Return to Appeal
The DAX started the trading day on a cautious note but moved into positive territory by midday. At…