Tag: Economic Events
China’s zero-Covid policy prolongs supply chain disruptions
Supply chain disruptions are being prolonged driven largely by China's strict zero-Covid policy, according to an economist from Moody's Analytics.The [...]
Retail sales December 2021:
Retail sales fell much more than expected in December as surging prices took a big bite out of spending, the Commerce Department reported Friday.The a [...]
Tumult in tech stocks hurts for now, but may not lead to broader correction
A trader in a face mask works on the trading floor at the New York Stock Exchange (NYSE) as the Omicron coronavirus variant continues to spread in [...]
Turkey’s lira dips 2%; central bank says it will monitor forex risks
Ismail Ferdous | Bloomberg | Getty ImagesThe Turkish lira weakened as much as 2.6% on Wednesday, eating further into the huge gains made the previo [...]
Pandemic relief has helped Americans. Yet there are signs of strain
While household debt reached a record $17 trillion in the second quarter of 2021, many American households have felt less financial stress this yea [...]
Car shopping for Black Friday deals is very different this year
David Paul Morris | Bloomberg | Getty ImagesWhen it comes to shopping for a new car, this isn't your typical Black Friday.Deals and discounts that [...]
Germany Covid cases hit 50,000 a day prompting 100,000 deaths warning
Medical staff take care of a Covid-19 patient in the Covid-19 intensive care unit of the community hospital (Klinikum Magdeburg) in Magdeburg, east [...]
Middle-class Americans face retirement insecurity, analysis finds
Anchiy | E+ | Getty ImagesMiddle-class U.S. households have limited financial assets and may face retirement insecurity, according to an analysis f [...]
How to stick to a budget and avoid debt this season
Pedestrians carry Nike shopping bags in San Francisco on Sept. 16, 2021.David Paul Morris | Bloomberg | Getty ImagesNearly 1 in 3 Americans expect [...]
U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry
Honda Motor Co. vehicles at an AutoNation car dealership in Fremont, California, U.S., on Monday, Feb. 15, 2021. AutoNation Inc. is scheduled to re [...]
Sudan to determine commerce financing fund in face of foreign exchange scarcity
KHARTOUM, June 24 (Reuters) - Sudan will create a commerce financing fund with a portfolio of $2 billion to help the import and export of key commo [...]
FOREX-Greenback lifted by jobs information, however data third straight weekly loss
(Recasts with weekly end; updates costs; provides analyst quote) By Kate Duguid NEW YORK, June 5 (Reuters) - The greenback was modestly greater on [...]
Minister on Singapore’s monetary buffer to assist financial system
Singapore nonetheless has some monetary buffer to help the financial system if any extra measures are wanted to assist companies and households tid [...]
2020 election supplants commerce conflict as greatest danger for shares: BofA survey
Skilled traders spent most of 2019 worrying concerning the U.S.-China commerce conflict. As a brand new 12 months has dawned, so has the main focus [...]
Navarro sees Dow 32,000 in 2020 and US financial development nearer to three%
White Home commerce advisor Peter Navarro on Tuesday predicted the Dow Jones Industrial Average will hit "at the very least" 32,000 in 2020. That m [...]