UK firms report growth at 17-month low, inflation pressures ease -flash PMI:
reuters.com/world/uk/uk-firms-report-growth-17-month-low-inflation-pressures-ease-flash-pmi-2022-07-22/
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| Last Updated | Jul 22 22 |
| Total Articles | 3 |
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Argentina unveils currency measures for tourists: Foreign tourists can exchange up to US$5,000 in a new exchange rate revealed by the government ...
batimes.com.ar/news/economy/argentina-unveils-currency-measures-as-black-market-peso-slumps.phtml
Biden Covid may derail Alberto Fernández meeting: The White House announced this morning that President Joe Biden is isolating after testing positive with ...
batimes.com.ar/news/argentina/bidens-positive-covid-test-may-derail-meeting-with-alberto-fernandez.phtml
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Argentina unveils currency measures for tourists: Foreign tourists can exchange up to US$5,000 in a new exchange rate revealed by the government ...
batimes.com.ar/news/economy/argentina-unveils-currency-measures-as-black-market-peso-slumps.phtml
Biden Covid may derail Alberto Fernández meeting: The White House announced this morning that President Joe Biden is isolating after testing positive with ...
batimes.com.ar/news/argentina/bidens-positive-covid-test-may-derail-meeting-with-alberto-fernandez.phtml
Covid scarred the global economy in permanent but unequal ways: The most profound insight in the World Economic Outlook report are the asymmetric effects of the ...
dailymaverick.co.za/opinionista/2024-04-23-covid-scarred-global-economy-in-permanent-but-unequal-ways/
US economy grew less than expected in first quarter at 1.6% rate: Higher than expected price pressures cast doubt on potential for Fed rate cuts
ft.com/content/f9e3ebdd-0977-4b12-84cd-25c7380f91cb
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Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
Covid Inquiry: Call for examination of disabled people's experience: Peter Livingstone hopes the inquiry will look at how people with disabilities coped in the ...
bbc.com/news/uk-northern-ireland-68881517
Fauci to testify before Congress for the first time since stepping down: Anthony Fauci, former chief medical adviser to President Biden, will testify before the ...
thehill.com/policy/healthcare/4619450-fauci-to-testify-before-congress-for-the-first-time-since-stepping-down/
Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Biden mocks Trump on anniversary of COVID bleach controversy: "Don't inject bleach. And don't vote for the guy who told you to inject bleach ...
axios.com/2024/04/23/trump-covid-biden-disinfectant-bleach
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Corona pandemic: The mysterious case of a man who was corona-positive for 613 days
welt.de/gesundheit/article251133798/Corona-Pandemie-Der-raetselhafte-Fall-eines-Mannes-der-613-Tage-lang-coronapositiv-war.html
Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
More than 1 in 4 US adults over age 50 say they expect to never retire: AARP study
abcnews.go.com/Business/wireStory/1-4-us-adults-age-50-expect-retire-109580387
BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Scientists report longest known ‘extreme’ Covid infection in 72-year-old man: Prolonged infection leads to emergence of novel immune-evasive variant in patient
independent.co.uk/news/science/longest-covid-infection-extreme-man-b2533826.html
Argentina's Milei revs up chainsaw and blender in fiscal deficit attack: Argentina's libertarian President Javier Milei is revving up his attack on the country's ...
reuters.com/markets/argentinas-milei-revs-up-chainsaw-blender-fiscal-deficit-attack-2024-04-23/
Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
MS + Covid + Sapovirus: Christina Applegate explains about adult diapers: Her multiple sclerosis combined with two other infections brought US actress Christina ...
n-tv.de/leute/Christina-Applegate-klaert-ueber-Erwachsenenwindeln-auf-article24899484.html
BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
Federal government raises economic forecast slightly: The German economy is experiencing weak growth - for how much longer? There are increasing signs of ...
fr.de/wirtschaft/bundesregierung-hebt-konjunkturprognose-leicht-an-zr-93030997.html
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Javier Milei Sparks Wild Rally That Makes Peso No. 1 in World: Four months into office, Argentine President Javier Milei has pulled off a critical feat in a ...
bloomberg.com/news/articles/2024-04-25/javier-milei-sparks-wild-rally-that-makes-peso-no-1-in-world
Paid articlePaid US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
Popular mall retailer plans Chapter 11 bankruptcy, suitors emerge: The struggling retail chain could file as early as this week, but it may have some options for ...
kentucky.com/news/business/article287880115.html
Bitcoin analysts agree that BTC has ‘a lot further to run’: Bitcoin on-chain and market cycle data all suggest higher baseline prices for BTC in the months ...
cointelegraph.com/news/bitcoin-analysts-agree-that-btc-has-a-lot-further-to-run
Turkey Pauses Rate Hikes Ahead of Inflation Peak Near 70%: Turkey’s central bank kept interest rates unchanged, pausing a month after surprising markets with a ...
bloomberg.com/news/articles/2024-04-25/turkey-pauses-rate-hikes-ahead-of-inflation-peaking-at-over-70
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ECB should not only target inflation - France's Macron: The European Central Bank should no longer focus solely on keeping inflation under control ...
euractiv.com/section/economy-jobs/news/ecb-should-not-only-target-inflation-frances-macron/
Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ: Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a ...
bloomberg.com/news/articles/2024-04-25/morgan-stanley-warns-of-possible-tokyo-cpi-yen-shock-before-boj
Post-Covid therapy close to home: A rolling Long Covid outpatient clinic at the Jena University Hospital is intended to care for those affected on site ...
thueringer-allgemeine.de/leben/vermischtes/article242170952/Wohnortnahe-Post-Covid-Therapie.html
Paid articlePaid Yellen Says US Can Bring Inflation Down Without Hurting Jobs: Treasury Secretary Janet Yellen said US inflation can come down without requiring a weakening in ...
bloomberg.com/news/articles/2024-04-25/yellen-says-us-can-bring-inflation-down-without-hurting-jobs
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Madison Moderate Allocation Fund Q1 2024 Investment Strategy Letter: The U.S. stock market held the course set by the explosive rally to end 2023 over the first ...
seekingalpha.com/article/4686051-madison-moderate-allocation-fund-q1-2024-investment-strategy-letter
JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming: One of corporate America's most prominent executives on Tuesday expressed confidence in a ...
dailysabah.com/business/economy/jpmorgan-ceo-dimon-says-unbelievable-us-economy-is-booming
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Higher for longer: How businesses are struggling with sky-high costs even as inflation eases
businesspost.ie/news/higher-for-longer-how-businesses-are-struggling-with-sky-high-costs-even-as-inflation-eases/
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Tübingen pharmaceutical company Curevac wants to reduce costs - Business News - Reutlinger General-Anzeiger - gea.de
gea.de/neckar-alb/wirtschaft-in-der-region_artikel,-t%C3%BCbinger-pharma-unternehmen-curevac-will-kosten-senken-_arid,6893681.html
Türkiye holds interest rate unchanged: Despite ongoing decline, underlying trend of monthly inflation higher than expected, bank says
yenisafak.com/en/news/turkiye-holds-interest-rate-unchanged-3682094
Paid articlePaid Indonesia raises interest rates to support sliding rupiah: Currency has lost nearly 5% of its value against dollar this year amid expected delays to US rate cuts
ft.com/content/e3f75d49-c3bf-408c-b8a4-e8c599dba384
Vodafone: Customers can now join class action lawsuit over price increase: The price increases for Vodafone's fixed network in 2023 could be ineffective ...
faz.net/aktuell/wirtschaft/vodafone-kunden-koennen-jetzt-bei-sammelklage-wegen-preiserhoehung-mitmachen-19674449.html
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Paid articlePaid Beauty products push Unilever sales jump: A prolonged period of high inflation has stretched consumer budgets and pushed shoppers to cheaper supermarket brands
businesspost.ie/news/beauty-products-push-unilever-sales-jump/
Paid articlePaid Zambian Inflation Hits 26-Month High as Currency Rout Returns: Zambia’s annual inflation rate climbed to a 26-month high and may continue to increase as a record ...
bloomberg.com/news/articles/2024-04-25/zambian-inflation-hits-26-month-high-as-currency-rout-returns
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Chalmers’ high-wire act just got harder: For two years, the Reserve Bank has been talking about negotiating a narrow economic path. But inflation is buried deep ...
theage.com.au/politics/federal/chalmers-high-wire-act-just-got-harder-20240424-p5fm5g.html
Dow Plunges 700 Points—Worst Day In 14 Months As Disappointing GDP Report Accelerates Stagflation Fears
forbes.com/sites/dereksaul/2024/04/25/dow-plunges-700-points-worst-day-in-14-months-as-disappointing-gdp-report-accelerates-stagflation-fears/
IMF calls for smaller budget amid low revenue receipts: The IMF mission suggested that the upcoming budget, which will be unveiled in the first week of June ...
thedailystar.net/business/economy/news/imf-calls-smaller-budget-amid-low-revenue-receipts-3594611
Unilever says Lifebuoy and Lux impacted by cost inflation in India: The global consumer major also saw negative price impacts on its fabric cleaning business
business-standard.com/companies/news/unilever-says-lifebuoy-and-lux-impacted-by-cost-inflation-in-india-124042501103_1.html
Democrats fret it could be curtains for local theaters without federal funds: Professional nonprofit theaters haven’t recovered from the Covid pandemic ...
nbcnews.com/politics/congress/democrats-fret-curtains-local-theaters-federal-funds-rcna149257
Bangladesh leaves Pakistan PM 'ashamed'; here's why: The Prime Minister Shehbaz Sharif-led government hopes to secure another staff-level agreement on a new ...
livemint.com/news/world/pakistan-pm-shehbaz-sharif-ashamed-looking-at-booming-bangladesh-business-leaders-seek-more-handshakes-with-india-11714043545418.html
Miguel’s Jr. introduces beef birria: The Corona chain is serving its take on the beef stew in soft tacos and a quesadilla.
pressenterprise.com/2024/04/24/miguels-jr-introduces-beef-birria/
Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
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Normalization expected: Mosa adjusts Edeka Group to falling prices: Edeka is preparing for the post-inflation phase with price cuts, moderate tones towards ...
lebensmittelzeitung.net/handel/nachrichten/ausblick-2024-mosa-stellt-edeka-gruppe-auf-sinkende-preise-ein-177423
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AI? Inflation? Profit From What Everyone Talks About: I advocate for a portfolio that generates income through dividends and interest. Check out two funds that ...
seekingalpha.com/article/4685652-ai-inflation-profit-from-what-everyone-talks-about
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RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe
thehindu.com/business/Economy/as-india-develops-problem-of-high-food-inflation-will-get-less-severe-rbi-mpc-member-ashima-goyal/article68104884.ece
Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
Join us so you can help us to 'Fix the River Foss’: Join us so you can help us to 'Fix the River Foss’
yorkpress.co.uk/news/24278037.join-us-can-help-us-fix-river-foss/
Commodity prices could keep inflation high, warns World Bank: Sharp falls in commodities are unlikely to continue, says lender, making it harder for central ...
ft.com/content/769c8c79-312a-49d9-9451-a91e1b4a6faf
Long-lost Klimt portrait goes under the hammer at Vienna auction : The auction house estimates the painting's value at up to €50 million ...
euronews.com/culture/2024/04/24/long-lost-klimt-portrait-goes-under-the-hammer-at-vienna-auction
Quick Glance: Klimt's 'Portrait of Miss Lieser' Sells for $32 Million Euros at Auction
- Klimt's 'Portrait of Miss Lieser' sells for $32 million euros at auction despite subject's uncertainty.
- The painting depicts a young woman in a turquoise dress and floral gown against a red background.
- The current owners reached a 'fair and just solution' with the legal successors of the Lieser family.
- The painting's history post-Klimt's death and during the Nazi era raises significant questions.
The ‘Senior’ Jobs That Require Little or No Experience: Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes ...
on.wsj.com/4aPDstU
Home price rise would be subdued at 5% in FY25: India Ratings: Residential prices have moved up 22% y-o-y at the start of FY24 and would be subdued at around 5% ...
financialexpress.com/business/industry-home-price-rise-would-be-subdued-at-5-in-fy25-india-ratings-3466309/
Artisan Global Value Fund Q1 2024 Commentary: The MSCI World Index’s 10-year compound annual return is 9%; this quarter it gained 9%.
seekingalpha.com/article/4686046-artisan-global-value-fund-q1-2024-commentary
Can the US manage escalating debt without triggering a fiscal crisis?: The US is grappling with record $34.5 trillion debt, triple the eurozone's ...
euronews.com/business/2024/04/25/can-the-us-manage-its-escalating-debt-without-triggering-a-fiscal-crisis
Earlier start to the asparagus season: Since the beginning of April, the familiar white bags have been roaming the sales tables in the Heidekreis again ...
wz-net.de/dorfmark/frueherer-start-spargelsaison-id230261.html
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Iran-Israel war: Impact on the economy and financial markets - Companies - The Jakarta Post
thejakartapost.com/business/2024/04/24/iran-israel-war-impact-on-the-economy-and-financial-markets.html
HECS debts set for $1250 setback following fresh inflation figures: Higher-than-expected inflation figures released today aren't just bad news for home- and ...
9news.com.au/finance/student-debt-hecs-help-indexation-march-inflation-data/5e837781-ab9f-4602-9260-faff7b9dfcec
Drug pricing: Swiss expert calls for more transparency: As more multi-million-dollar drugs come on the market, there are growing calls for transparency on drug ...
swissinfo.ch/eng/multinational-companies/drug-pricing-swiss-expert-calls-for-more-transparency/75398770
Real wages are falling in Switzerland for the third time in a row - but there is one big exception - Zofinger Tagblatt
zofingertagblatt.ch/so-haben-sich-die-loehne-in-der-schweiz-entwickelt/
Inflation, operating costs had the biggest impact on Asian firms last year, survey shows
cnbc.com/2024/04/25/inflation-biggest-hurdle-for-firms-in-southeast-asia-greater-china-uob.html
Why were Germany’s Covid files redacted?: There are two kinds of long Covid. One is a medical syndrome, the other manifests as a healthy obsession – an urge to ...
spectator.co.uk/article/why-were-germanys-covid-files-redacted/
Sharks part ways with coach David Quinn after 19-win season: Why now?: Quinn leaves San Jose with a 41-98-25 record over two seasons.
theathletic.com/5442671/2024/04/24/san-jose-sharks-fire-david-quinn/
Quick Glance: San Jose Sharks Fire David Quinn After Two-Season Tenure as Head Coach
- San Jose - Feeling that his team needed a new voice as it transitions into another phase of its rebuild, San Jose Sharks general manager Mike Grier fired his friend, David Quinn, as head coach on Wednesday after just his second season.
- An emotional Grier stated that he finalized his decision to dismiss Quinn late Tuesday night. Recently, Grier met with players and others in the organization to discuss the Sharks' future needs following their NHL-worst record this season.
- Grier also revealed that assistant coaches Scott Gordon, Brian Wiseman, Ryan Warsofsky, and goaltending coach Thomas Speer are still part of the organization but are free to explore other opportunities. The incoming replacement for Quinn will have the authority to decide whether to retain these coaches.
- At present, Grier indicated that no other significant organizational changes are under consideration, stating that 'there's probably some other things that need to be reviewed. But that’s what we had to take care of right now.'
Consumer study: Consumers want to buy more again: Inflation and high prices have recently severely affected the desire to shop. A survey by the Hans Böckler ...
lebensmittelzeitung.net/handel/nachrichten/konsumstudie-verbraucher-wollen-wieder-mehr-einkaufen-177375
Paid articlePaid Surge in home insurance costs adding more inflation pressure on Americans: Surging home insurance premiums are the latest obstacle to homeownership for millions ...
foxbusiness.com/economy/surge-home-insurance-costs-adding-more-inflation-pressure-on-americans
Oil prices up over fall in US stockpiles and Middle East tensions: Decrease in US commercial crude oil stocks and tensions in Middle East support higher prices
yenisafak.com/en/news/oil-prices-up-over-fall-in-us-stockpiles-and-middle-east-tensions-3682072
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Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?
theguardian.com/australia-news/2024/apr/25/does-australias-higher-than-forecast-36-inflation-dash-hopes-for-an-interest-rate-cut
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Victorian disease making a comeback and Midlands city is the main hotspot: Health officials speak out following rise in TB cases
birminghammail.co.uk/news/midlands-news/victorian-disease-making-comeback-midlands-29050359
The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
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