Economy - /contrib/economy

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Amazon's second Prime Day is a flop as inflation takes bite out of consumer spending...
The Seattle-based e-commerce giant generated just $5.7 billion in revenue from last week's Prime Early Access sale.
By Anonymous Submission on 2022-10-17 16:33 UTC
India among four nations removed from US currency monitoring list...
India, along with four other countries has been removed from the Currency Monitoring List by the US Department of Treasury last week.
By ctoisingapore on 2022-11-16 13:26 UTC
Inflation Is Dropping: Good News for Fed...
Submitted to Category: /contrib/business/, /contrib/economy
Economists expected the annual rate of inflation in October to fall to 8.0% from 8.2%, but it came in comfortably lower.
By Anonymous Submission on 2022-11-10 15:55 UTC
Binance CEO Zhao Considering Buying Banks: Report...
Zhao wants his crypto exchange to become a bridge between traditional finance and crypto, according to a report in Bloomberg.
By Anonymous Submission on 2022-11-02 22:41 UTC
'The Mood Of The Country Is Not Good': CNN Political Director Describes Signs Of Dem Wipeout...
Submitted to Category: /contrib/politics/, /contrib/economy
Three-quarters of Americans in our poll say things are going pretty or very badly in America, only 26% think things are going very or fairly well in the country,” Chalian said. “So that spells for a change election. The issue that is driving this election, as you were just talking about with Phil,
By Anonymous Submission on 2022-11-02 20:18 UTC
If 8% inflation is worrying, 3% could be worse...
Here's one way the inflation story might go. The Federal Reserve raises interest rates by 75 basis points on Wednesday then again in smaller steps in December and February, as expected. The rate at which consumer prices are rising falls from its curre
By Anonymous Submission on 2022-11-02 17:46 UTC
Nearly 40% of small businesses in the US failed to pay rent in October...
Submitted to Category: /contrib/business/, /contrib/economy
The findings, published Tuesday by Boston-based business tracker Alignable, are raising more than a eyebrows, as they illustrate the stark effect inflation is having on everyday Americans.
By Anonymous Submission on 2022-11-01 22:38 UTC
The Rental Market Is Cooling. Official Inflation Data Won't Show It Any Time Soon....
Submitted to Category: /contrib/business/, /contrib/economy
One of the heaviest components of the consumer price index is a lagged indicator. That's a confounding problem for the Fed, writes Jay Parsons.
By Anonymous Submission on 2022-10-26 21:12 UTC
Diesel Supply of Just 25 Days Poses Problem for Biden...
Submitted to Category: /contrib/business/, /contrib/economy
Diesel demand is surging in the US while supplies remain at the lowest seasonal level ever, according to government data released Wednesday.
By Anonymous Submission on 2022-10-23 19:00 UTC
Biden says latest emergency oil release will help 'stabilise' markets...
News, analysis and comment from the Financial Times, the worlds leading global business publication
By Anonymous Submission on 2022-10-19 19:18 UTC
The Fed is losing the war against inflation...
No one expected the Federal Reserve to be able to smother inflation swiftly. But after seven months of rapidly rising interest rates, the central bank has hardly made a dent.
By Anonymous Submission on 2022-10-13 21:17 UTC
Inflation Report Seals Case for 0.75-Point Fed Rate Rise in November...
Another uncomfortably high inflation reading for September is likely to keep the Federal Reserve on track to increase interest rates by 0.75 percentage point at its meeting next month.
By Anonymous Submission on 2022-10-13 14:16 UTC
Everybody is looking at inflation through the wrong lens. The best measure shows it fell to the Fed's target in the past three months....
The three-month smoothed annual rate is telling us that inflation is under control --- for now.
By Anonymous Submission on 2022-10-13 14:14 UTC
Institutional investors 'buying in bulk' as homebuying cools...
Institutional investors see an opportunity as homebuilders try to unload properties.
By Anonymous Submission on 2022-10-12 19:15 UTC
Some Americans fear zero-down mortgages are a trap that will lead to another crisis like 2008...
To help borrowers afford homeownership, some lenders have introduced zero-down-payment mortgages.Some are suspicious that these products could trigger a repeat
By Anonymous Submission on 2022-10-09 14:51 UTC
7 Cities Where the Cost of Living Could Be Dropping Soon...
Inflation has caused the cost of living to become untenable for many Americans. Rising prices are almost impossible to dodge no matter where you live, but there are locations that, while not...
By Anonymous Submission on 2022-10-09 14:49 UTC
Americans are running out of money and big companies like Target and Walmart are noticing. It makes a recession more likely....
Submitted to Category: /contrib/business/, /contrib/economy
New data shows Americans have already burned through a third of their pent-up savings.That's nearly three times more than previously thought, and signals spending
By Anonymous Submission on 2022-10-04 14:43 UTC
U.S. Factory Orders Remained Flat in August...
By Maria Martinez Manufacturing orders in the U.S. were virtually unchanged in August, following a decline in the previous month, reflecting cooler demand...
By Anonymous Submission on 2022-10-04 14:42 UTC
Rising interest rates and a gloomy economic outlook has US job openings drop to 10.1 million as the labor market tightens...
The 1.2 million decline in vacancies was the biggest since April 2020.
By Anonymous Submission on 2022-10-04 14:38 UTC

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