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David McHugh

Stay informed with David McHugh’s coverage and analysis.

Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war
Finance
Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war
By Stan Choe, David McHugh, Jiang Junzhe and The Associated PressJune 13, 2025
Populist backlash and ‘brainwashing’ threaten to derail Bulgaria joining the euro currency
Politics
Populist backlash and ‘brainwashing’ threaten to derail Bulgaria joining the euro currency
By David McHugh and The Associated PressJune 3, 2025
EU chief trade negotiator says Europe ‘fully committed’ to meeting July 9 deal deadline after Trump agrees to delay 50% tariff
Politics
EU chief trade negotiator says Europe ‘fully committed’ to meeting July 9 deal deadline after Trump agrees to delay 50% tariff
By David McHugh and The Associated PressMay 27, 2025
The S&P 500 is flirting with dreaded bear market territory as Trump tariffs drive global market meltdown
Finance
The S&P 500 is flirting with dreaded bear market territory as Trump tariffs drive global market meltdown
By Stan Choe, Elaine Kurtenbach, David McHugh and The Associated PressApril 7, 2025
U.S. President Donald Trump speaks as he signs executive orders in the Oval Office of the White House on March 06, 2025 in Washington, DC.
Finance
Canada and the EU launch billions in new tariffs on American goods from beef to bourbon in retaliation against Trump
By Lorne Cook, David McHugh, Rob Gillies and The Associated PressMarch 12, 2025
Europe needs help. As France and Germany remain stuck in political paralysis, a power vacuum awaits President Trump
Finance
Europe needs help. As France and Germany remain stuck in political paralysis, a power vacuum awaits President Trump
By David McHugh, Lorne Cook and The Associated PressDecember 9, 2024
Israel’s massive war spending could force tough choices between social programs and the military
Politics
Israel’s massive war spending could force tough choices between social programs and the military
By David McHugh and The Associated PressOctober 21, 2024
Christine Lagarde, President of the European Central Bank.
Finance
Inflation rears its ugly head in Europe, putting the European Central Bank in a fix—once again
By David McHugh and The Associated PressJuly 31, 2024
Higher interest rates from the European Central Bank have helped bring inflation down from 10.6% in October 2022 to 2.5% in June — but have also held back construction activity and quashed a years-long rally in house prices.
Finance
Germany remains the eurozone’s troubled economic child holding back Europe, while the U.S. dominates
By David McHugh and The Associated PressJuly 30, 2024
BYD Co. Dolphin compact hatchback electric vehicles
Retail
Europe officially slaps tariffs on Chinese EVs in the biggest EU-China trade war escalation yet
By David McHugh, Ken Moritsugu and The Associated PressJuly 5, 2024
Interest rates are almost definitely about to head down—in Europe
Finance
Interest rates are almost definitely about to head down—in Europe
By David McHugh and The Associated PressJune 6, 2024
pump jack and oil barrels
Finance
OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices
By David McHugh and The Associated PressJune 2, 2024
Inflation rose in Europe in May but its central bank is still set to cut interest rates before the Fed
Finance
Inflation rose in Europe in May but its central bank is still set to cut interest rates before the Fed
By David McHugh and The Associated PressMay 31, 2024
Why Airbus won’t expand its lead on Boeing even as its biggest rival stumbles
Finance
Why Airbus won’t expand its lead on Boeing even as its biggest rival stumbles
By David McHugh and The Associated PressMay 6, 2024
Christine Lagarde
Finance
European Central Bank declines to cut rates because ‘domestic price pressures are strong and are keeping services price inflation high’
By David McHugh and The Associated PressApril 11, 2024
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