Bank of England Turns Dovish Though Policymakers Are "Divided," MUFG Says
(Bloomberg) -- Underlying US inflation probably moderated in April for the first time in six months, offering a ray of hope that price pressures will start to ease again after a string of upside surprises. Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneTrump Pledges Across-the-Board Tax Cuts If He Returns to OfficeIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealHow One Brooklyn Neighborhood Became a Nightclub HavenThe core consumer price in
A regular survey from the New York Fed found that the amount of people expecting to be working at 62 has dropped significantly in the past few years.
In the frantic weeks that followed Russia’s invasion of Ukraine, China’s most senior officials scrambled to understand the implications that the conflict posed for the Chinese economy.
(Bloomberg) -- China’s credit in April shrank for the first time as government bond sales slowed, while loan expansion was worse than expected in a sign of weak demand.Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneTrump Pledges Across-the-Board Tax Cuts If He Returns to OfficeIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealHow One Brooklyn Neighborhood Became a Nightclub HavenAggregate financing, a broad measure of credit, decreased by alm
High interest rates are "corrosive" to the economy, and the Fed risks breaking something in the financial system, Mark Zandi said.
(Bloomberg) -- Rising housing costs and stubbornly high inflation are battering many consumers and the hit to their wallets is now hurting America’s low-cost restaurants. Most Read from BloombergApple Nears Deal With OpenAI to Put ChatGPT on iPhoneTrump Pledges Across-the-Board Tax Cuts If He Returns to OfficeIce Cube’s Big3 Basketball League Sells Its First Team in $10 Million DealHow One Brooklyn Neighborhood Became a Nightclub HavenChains including Red Lobster, which is considering a bankrupt
Several financial models are already showing the US economy is on its way to a hard-landing, according to top economist David Rosenberg.
"Years of erratic and irresponsible policies, excessive Communist Party control and undelivered promises of reform have created a dead-end Chinese economy of weak domestic consumer demand and slowing growth."
He says half of Google workers do “no real work.”
PARIS (Reuters) -France secured on Sunday new jobs and investments with Internet giant Amazon, healthcare company Pfizer and Wall Street bank Morgan Stanley, as the country prepared to host a key foreign investment summit. President Emmanuel Macron kicks off the annual 'Choose France' event, aimed at winning big business from overseas, on Monday. The 2023 edition raised 13 billion euros ($14 billion) of foreign investment.