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David McHugh

Stay informed with David McHugh’s coverage and analysis.

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
Inflation that squeezed European shoppers fell more than expected in March to 2.4%, as grocery cost spikes eased
Finance
Inflation that squeezed European shoppers fell more than expected in March to 2.4%, as grocery cost spikes eased
By David McHugh and The Associated PressApril 3, 2024
Vladimir Putin
Finance
Putin’s inconvenient truth for the west: Despite 7% inflation, Russia’s economy is a ‘big and resilient animal
By David McHugh, Vladimir Isachenkov and The Associated PressMarch 12, 2024
Christine Lagarde
Finance
Europe is losing hope of a spring rate cut even with inflation far off peak
By David McHugh and The Associated PressMarch 7, 2024
Vladimir Putin
Finance
European inflation has now fallen from its 10.6% peak after the Russian invasion of Ukraine to just 2.6%
By David McHugh and The Associated PressMarch 1, 2024
Robert Habeck
Finance
Germany just slashed its growth forecast, saying ‘the economy is in troubled waters’
By David McHugh and The Associated PressFebruary 21, 2024
Christine Lagarde
Finance
Europe reports economic growth rate of zero for the last 3 months of 2023
By David McHugh and The Associated PressJanuary 30, 2024
Sputtering European economy seen pushing ECB head Christine Lagarde to resist rate cuts—for now
Finance
Sputtering European economy seen pushing ECB head Christine Lagarde to resist rate cuts—for now
By David McHugh and The Associated PressJanuary 25, 2024
Kanye West
Retail
Adidas still has $320M of unsold Yeezy shoes after breaking with Kanye over antisemitic comments and is considering writing them off: ‘That is financially the worst case’
By David McHugh and The Associated PressNovember 8, 2023
Oil pump
Finance
As Israel-Hamas war sends oil prices as high as $96 per barrel, IEA head says it’s ‘definitely not good news’ for the market
By Matthew Daly, David McHugh, Stan Choe and The Associated PressOctober 20, 2023
IMF cuts its 2024 growth forecast as world economy loses momentum in the face of high interest rates and Russia’s war in Ukraine
Finance
IMF cuts its 2024 growth forecast as world economy loses momentum in the face of high interest rates and Russia’s war in Ukraine
By Paul Wiseman, David McHugh and The Associated PressOctober 10, 2023
Adidas’ first fire sale of Yeezy sneakers rakes in $437 million after the company cut ties with Kayne West over his antisemitic remarks
Retail
Adidas’ first fire sale of Yeezy sneakers rakes in $437 million after the company cut ties with Kayne West over his antisemitic remarks
By David McHugh and The Associated PressAugust 3, 2023
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North America
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Despite a $150 million net worth, Quentin Tarantino refuses to give a ‘penny’ of his fortune to his mother: ‘No house, no Cadillac’placeholder alt text
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