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Markets relieved by German election result, but key industries remain mired in uncertainty

Germany’s election result delivered a jolt of optimism to lackluster markets at the start of the week, though the question of whether the new government can deliver promised higher public spending and reboot the economy continues to hang over the country’s beleaguered major industries.

Frankfurt’s DAX index gained 0.6% Monday, outpacing a flat U.K. FTSE 100 and 0.78% loss for France’s CAC 40, while the euro nudged higher against the U.S. dollar and British pound and German borrowing costs were little-changed.

Sunday’s vote delivered a victory for the conservative alliance of the Christian Democratic Union (CDU) and Christian Social Union (CSU).

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Gaming Peripherals Maker Corsair Clarifies GTA 6 PC 'Early 2026' Release Date Comment

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Roberta Flack’s 11 Essential Songs

One of the supreme voices of the 1970s and a master of revelatory reinterpretation has died at 88.

At a New York concert in 1997, Roberta Flack referred to her voice as a “blessed instrument.” For generations of listeners it was just that, a spellbinding force that could be cool, or luxurious, or swell with suggestive power, often in the same song.

Flack, who died on Monday at 88, began her career as a schoolteacher with a solid grounding in both classical music and Black church singing. She ended up one of the supreme voices of the 1970s, scoring multiple No. 1 hits that established her as a star of interpretive pop-soul, capable of stunning radio listeners and critics alike.

She was a master of the revelatory reinvention. Her first hit, “The First Time Ever I Saw Your Face,” was originally a folk ballad by Ewan MacColl. See more