BusinessNews brief
Last snapshot of the US economy before midterms shows stronger growth but higher inflation
US economic growth accelerated last quarter at its fastest pace in over a year; however, rising gas prices helped to lift inflation in September to a four-month high, new data showed Thursday.
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Volkswagen reports €5.8 billion third-quarter loss as Porsche charge and China slump weigh
The German carmaker's July-to-September loss widened sharply from a year earlier, with a large Porsche writedown and falling deliveries in China adding to pressure on its results.
World Bank forecasts 23% commodity price rise as energy and shipping shocks mount
The bank projects higher energy, metals and food prices in 2026, with further risks from conflict, disrupted grain shipments and El Niño.
Sources and context
CnnSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-30. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.