Costco tops quarterly results on robust consumables demand:
reuters.com/business/retail-consumer/costco-beats-quarterly-revenue-estimates-robust-demand-2022-09-22/
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| Last Updated | Sep 23 22 |
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Danish central bank says house prices will fall and inflation continue in 2023: Denmark’s central bank Nationalbanken predicts a decline in house prices in 2023 ...
thelocal.dk/20220921/danish-central-bank-says-house-prices-will-fall-and-inflation-continue-in-2023/
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Danish central bank says house prices will fall and inflation continue in 2023: Denmark’s central bank Nationalbanken predicts a decline in house prices in 2023 ...
thelocal.dk/20220921/danish-central-bank-says-house-prices-will-fall-and-inflation-continue-in-2023/
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.
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
Largest tender for wind power - Denmark turns on the turbo: Denmark is stepping up its efforts in wind power. A new tender is to help achieve the climate targets ...
az-online.de/wirtschaft/windkraft-daenemark-offshore-turbo-energiewende-klimaziele-ausschreibung-zr-93028369.html
Why experts say inflation is relatively low but voters feel differently: Grocery prices are a key component of any household budget, and rising food prices can ...
npr.org/2024/04/25/1247177492/why-experts-say-inflation-is-relatively-low-but-voters-feel-differently
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
Costco shoppers are finding it's harder to sell gold than to buy it: Gold bars have been flying off the shelves at Costco, but some buyers are discovering that ...
businessinsider.com/costco-shoppers-finding-harder-to-sell-gold-bars-than-buy-2024-4
Costco quietly making shopping change customers should love: The warehouse club is doing something very unexpected that members will be happy about.
star-telegram.com/news/business/article287835540.html
“WeUse” - Rent a chainsaw or Playstation via the app: A Sonderburg start-up has developed an app that manages the loaning of items. Whether in a club or with ...
nordschleswiger.dk/de/nordschleswig-sonderburg/weuse-kettensaege-oder-playstation-app-ausleihen
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
'Difficult but not impossible': How foreigners tackle the jobs market in Denmark: From a few weeks to two years, the length of time to find work in Denmark can ...
thelocal.dk/20240423/difficult-but-not-impossible-how-foreigners-tackle-the-jobs-market-in-denmark
Britons Finally Taste Full Brexit as Costly Border Checks Begin: EU food imports to the UK are about to get more expensive and complicated as the British ...
bloomberg.com/news/features/2024-04-26/britons-finally-taste-full-brexit-as-costly-border-checks-begin
Paid articlePaid Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
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
Danish word of the day: Pædagog: This Danish word of the day is a crucial one in the country’s daily life and you will hear it countless times ...
thelocal.dk/20240425/danish-word-of-the-day-paedagog
How AI could be used for future exams in Danish schools: An expert group in Denmark has recommend the use of AI tools such as ChatGPT in examinations at the ...
thelocal.dk/20240424/how-ai-could-be-used-for-future-exams-in-danish-schools
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
Costco's quirky rule means the new CFO won't get a parking spot at HQ: The selection process for company parking spots prizes tenure over seniority.
businessinsider.com/costco-quirky-culture-new-cfo-denied-reserved-parking-spot-hq-2024-4
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
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Danish word of the day: Ligesom: This Danish word could make you sound much more like a native, as long as you use it correctly.
thelocal.dk/20240423/danish-word-of-the-day-ligesom
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
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
Danish word of the day: Tværtimod: We’ll cut across with another word of the day.
thelocal.dk/20230315/danish-word-of-the-day-tvaertimod/
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
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/
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
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 ...
theage.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
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/
Corporation Bridge roadworks sign washes up in Denmark as Council gives update: Asli from Turkey discovered the Corporation Bridge sign in Denmark
grimsbytelegraph.co.uk/news/grimsby-news/corporation-bridge-roadworks-sign-washes-9244770
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
Fine ounces on the rummage table: US supermarket drives customers into a gold rush - and disillusionment
n-tv.de/wirtschaft/US-Supermarkt-treibt-Kunden-in-Goldrausch-und-Ernuechterung-article24896005.html
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/
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/
Tom Thumb, Trader Joe’s and Costco plan new stores in D-FW: H-E-B isn’t the only grocery retailer building in Dallas-Fort Worth.
dallasnews.com/business/retail/2024/04/24/tom-thumb-trader-joes-and-costco-plan-new-stores-in-d-fw/
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
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
The yen has a yield problem the BOJ can't easily fix: As the yen plumbs three-decade lows and pressure grows on Japan to intervene or make monetary policy ...
reuters.com/markets/currencies/yen-has-yield-problem-boj-cant-easily-fix-2024-04-25/
Quick Glance: Market Volatility in Asia: Impact of Meta's Losses
- The depreciation of Asian currencies against the U.S. dollar and potential actions by monetary authorities are at the forefront of Asian markets.
- Post-market gains from U.S. tech giant Meta could impact Asian markets as shares dropped by 10% after trading hours.
- Concerns surrounding currencies are escalating as the dollar breached 155.00 yen on Wednesday without any indication of intervention from Japanese authorities. Will Tokyo take action?
- Given the current environment that led to a rare joint statement on exchange rates from the United States, Japan, and South Korea this month, no possibilities can be ruled out.
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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The Good News on Safe Withdrawal Rates: Our annual study suggests that new retirees can spend more from their portfolios.
morningstar.com/retirement/good-news-safe-withdrawal-rates
Yen at its weakest in decades as BOJ meets: The yen was parked by a 34-year low on the dollar and decade lows on other crosses ahead of a Bank of Japan meeting ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
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/
Roku Q1 Results Show Benefits Of Streaming Price Hikes: Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the ...
deadline.com/2024/04/roku-q1-earnings-show-streaming-price-hikes-1235895379/
Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
Gold (XAUUSD) Heads For Weekly Loss as US Inflation Concerns Sap Demand: Gold was on track for a weekly loss as persistent inflationary forces looked ...
bloomberg.com/news/articles/2024-04-26/gold-xauusd-heads-for-weekly-loss-as-us-inflation-concerns-sap-demand
Milei sparks wild rally that makes peso number one in the world: Four months into office, President Javier Milei has pulled off a critical feat in a country ...
batimes.com.ar/news/economy/javier-milei-sparks-wild-rally-that-makes-peso-number-one-in-the-world.phtml
Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024
cnbc.com/2024/04/26/bank-of-japan-keeps-monetary-policy-unchanged.html
Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...
bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact
Rupee to see muted reaction to US inflation flare-up: The Indian rupee is expected to open little changed on Friday, despite a pick-up in U.S ...
reuters.com/markets/currencies/rupee-see-muted-reaction-us-inflation-flare-up-2024-04-26/
Unilever beats sales forecast as customers return to brands: Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's ...
reuters.com/business/retail-consumer/unilever-beats-quarterly-sales-growth-expectations-2024-04-25/
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
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.
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
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/
Five Things You Need to Know to Start Your Day: Asia: Good morning. Microsoft and Alphabet give tech investors a boost. Inflation concerns rattle Treasuries and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-asia
UK Consumer Confidence Improves as Inflation Eases, Prospect of Tax Cuts: UK consumer confidence edged higher this month as easing inflation and the prospect of ...
bloomberg.com/news/articles/2024-04-25/uk-consumer-confidence-improves-as-inflation-and-taxes-fall
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Central Bank holds key interest rate steady at 50 percent - Türkiye News: As widely expected, Türkiye’s Central Bank has kept its policy rate — the one-week repo ...
hurriyetdailynews.com/central-bank-holds-key-interest-rate-steady-at-50-percent-192815
ECB’s Panetta Warns Cuts Needed to Avoid Ultra-Low Rates Later
bloomberg.com/news/articles/2024-04-25/ecb-s-panetta-warns-cuts-needed-to-avoid-ultra-low-rates-later
Paid articlePaid BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Central Bank lowers key rate to 60%: Policymakers at Argentina’s Central Bank lower interest rates to 60% from 70% as officials bet on a sustained slowdown of ...
batimes.com.ar/news/economy/argentinas-central-bank-lowers-key-rate-to-60.phtml
Stock Markets Today: BOJ decision, ECB easing call, Big Tech, Trump: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-26/stock-markets-today-boj-decision-ecb-easing-call-big-tech-trump
Wall St loses over 1% amid fading rate-cut hopes: Wall Street stocks closed lower on Thursday as markets were stunned by data showing slower-than-expected U.S ...
reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Motor vehicle insurance: policies are becoming more expensive - how you can still save
wiwo.de/unternehmen/versicherer/kfz-versicherungen-policen-werden-teurer-wie-sich-trotzdem-sparen-laesst/29773392.html
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
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%: The Bank of Japan kept its interest-rate target unchanged, a month after it made its first ...
wsj.com/economy/central-banking/bank-of-japan-holds-rates-steady-expects-inflation-to-stay-around-2-76f50174
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
abcnews.go.com/Business/walmart-us-ceo-talks-inflation-checkout-paying-figures/story
It’s a question of jobs, stupid! : It’s a question of jobs, stupid!
deccanherald.com/opinion/it-s-a-question-of-jobs-stupid-2995363
Gold miner Newmont tops profit estimates; asset sale attracts strong interest: Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday ...
reuters.com/markets/commodities/newmont-beats-quarterly-profit-estimates-2024-04-25/
The Dow drops 375 points on low economic growth, high inflation, and weak tech earnings
qz.com/dow-jones-stocks-gdp-inflation-tech-earnings-1851435533
Above-normal monsoon to cool inflation, growth resilient: Finance ministry: The RBI bulletin on Wednesday had noted even as retail inflation in March eased 4.85% ...
financialexpress.com/policy/economy-above-normal-monsoon-to-cool-inflation-growth-resilient-finance-ministry-3468648/
Gradual volume recovery, valuations to support Hindustan Unilever's stock: Hindustan Unilever: The premium portfolio growth across categories was healthy ...
business-standard.com/markets/stock-market-news/gradual-volume-recovery-valuations-to-support-hindustan-unilever-s-stock-124042501184_1.html
Paid articlePaid Austria - an expensive country for workers: According to the OECD, Austria places a higher burden on labor income than almost any other country in the world ...
diepresse.com/18406310/oesterreich-ein-teures-land-fuer-arbeitnehmer
Paid articlePaid Vegetable prices to be elevated due to heat wave till June: Crisil: The Meteorological Department expects above-normal temperatures till June ...
financialexpress.com/policy/economy-vegetable-prices-to-be-elevated-due-to-heat-wave-till-june-crisil-3468832/
US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
Paid articlePaid Oil prices rise as US official eases market concerns over economic headwinds: Oil prices rose in early trade on Friday, as players took stock of the U.S ...
reuters.com/markets/commodities/oil-prices-rise-us-official-eases-market-concerns-over-economic-headwinds-2024-04-26/
Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
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/
Tokyo inflation slows for 2nd straight month, falls under BOJ goal: TOKYO (Reuters) -- Core inflation in Japan's capital slowed for a second month in April ...
asia.nikkei.com/Economy/Tokyo-inflation-slows-for-2nd-straight-month-falls-under-BOJ-goal
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