Tag Archives: Economy

Consumers have cash and confidence

Merry Christmas, Retailers and Brands: Consumers Have Cash and Confidence getty Latest stats on the consumer economy betray a year of hair-on-fire headlines about inflation and recession There ought to be a lot of red faces today within the scrum of economic pundits and bean counters who have been jabbering all year that inflation and… Read More »

Japan’s ‘Frankenstein’ Turns On The No. 3 Economy

Haruhiko Kuroda made the tiniest of gestures he possibly could on the BOJ’s ultraloose policies. JIJI PRESS/JIJI PRESS/AFP via Getty Images Who knew global investors were this easy? Even Bank of Japan Governor Haruhiko Kuroda must be asking as markets bet he’s suddenly becoming Tokyo’s version of Jerome Powell. All Kuroda did, after all that… Read More »

Is The Economy On The Brink Of Recession? Here’s Why Strong GDP Data May Not Tell The Whole Story

top line The US economy grew more than economists expected in the third quarter—officially signaling the economy has emerged from a so-called technical recession earlier in the year, but the largely expected rebound has done little to quell economists’ concerns that the nation will ultimately plunge into an official recession over the coming months, as… Read More »

Biden’s midterm report card: Americans grade him on economy, immigration, foreign relations and climate change

AUSTIN, Texas— People in Austin graded how well President Biden handled the economy, immigration, foreign relations and climate change in 2022. “On the economy, I would give Joe Biden an F,” a Nebraskan told Fox News. “We’re still dealing with rampant inflation. Our gas prices have been skyrocketing ever since he canceled the pipeline.” WATCH… Read More »

South African President Ramaphosa faces threat of impeachment over ‘Farmgate’ scandal

President Cyril Ramaphosa during a pre-World Economic Forum breakfast briefing on January 18, 2018 in Johannesburg, South Africa. Moeletsi Mabe| Sunday Times | Rooster Pictures | Getty Images South African President Cyril Ramaphosa could face impeachment after an independent panel found he may have violated anti-corruption law while investigating a theft on his farm. In… Read More »

Apple, DraftKings, Biogen, Williams-Sonoma and more

A Biogen facility in Cambridge, Massachusetts. Brian Snyder | Reuters Check out the companies that make the biggest moves at noon: Litter — Apple shares fell 2% after a report that iPhone production could take a huge hit due to disturbances at a Foxconn factory in China, amid protests in China against the country’s Covid-zero… Read More »

China protests could usher in ‘more authoritarian’ era for Xi: analyst

Police form a cordon during a protest against China’s strict zero-COVID measures on November 27, 2022 in Beijing, China. Kevin Frayer | Getty Images News | Getty Images China’s weekend eruption of protests could mark the beginning of a “more authoritarian” era under President Xi Jinping, an analyst warned on Monday, as Beijing appears to… Read More »

Waarom eten mensen met overgewicht meer dan hun lichaam nodig heeft? – Wel.nl

‘Heeft niets met zwakte te maken dat het mensen met obesitas vaak niet lukt op eigen kracht of te vallen,’ zegt professor Mireille Serlie, internist-endo-crinologo at het Amsterdam UMC tegen Quest. Het gaat over de vraag waarom te dikke mensen niet gewoon wat minder eten. Want denkt menigeen die met veel overgewicht zien. ‘Mensen met… Read More »

Inflation hangs over shoppers seeking Black Friday deals

NEW YORK (AP) – Cautious shoppers hunted for the best deals in stores and online, while retailers offered new Black Friday discounts to lure shoppers eager to start shopping for Christmas gifts but pressured by inflation. Due to high prices for food, rent, gasoline and other essentials, many people were being more selective, reluctant to… Read More »

China’s COVID cases hit record highs as video shows workers rioting | Business and Economy News

Taipei, Taiwan – China’s COVID-19 cases are hitting record highs, signaling more pain for the world’s second-largest economy as hopes for a quick exit from Beijing’s draconian “zero-COVID” policies dim. The National Health Commission on Wednesday reported 29,157 infections across the country in the previous day, near the April peak. China’s daily caseload peaked at… Read More »