US manufacturing mired in weakness, economy heading for slowdown
[1/2] Employees works on an assembly line at startup Rivian Automotive's electric vehicle factory in Normal, Illinois, U.S. April 11, 2022. Picture taken April 11, 2022. REUTERS/Kamil Krzaczynski/File Photo Acquire Licensing Rights WASHINGTON, Dec 1 (Reuters) - U.S. manufacturing remained subdued…#rivianautomotive #normal #illinois #federalreserve #spelmancollege #atlanta #federalreservechair #jeromepowell #ism #pmi (Source: Reuters: Health)
Source: Reuters: Health - December 3, 2023 Category: Consumer Health News Source Type: news
Viaplay Sells UK Biz & Announces Equity Injection
Viaplay has sold its UK business back to Premier Sports and revealed “the renegotiation of credit arrangements and the proposed injection of new equity into the Group” as it battles the economic downturn. Following a backs-against-the-wall few months during which the former CEO stepped down in the…#viaplay #spain #laliga #baltics #poland #45bsek (Source: Reuters: Health)
Source: Reuters: Health - December 1, 2023 Category: Consumer Health News Source Type: news
Russia ’s Deputy PM Novak: A slowdown in global economic growth is a risk
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Source: Reuters: Health - November 30, 2023 Category: Consumer Health News Source Type: news
Economic Report: Consumer spending softens. Is this a sign of a weakening economy?
The numbers: Consumer spending rose a mild 0.2% in October in potentially another sign of a long-predicted slowdown in the U.S. economy. Analysts polled by the Wall Street Journal had forecast a 0.2% increase. Consumer spending is the main engine of the U.S. economy. Outlays grew a robust 3.6% in…#pce #scottanderson #bankofwest #treasury #tmubmusd10y (Source: Reuters: Health)
Source: Reuters: Health - November 30, 2023 Category: Consumer Health News Source Type: news
The CEO behind nearly 10,000 KFCs in China explains the country ’s consumption slump: A ‘psychological’ consequence of COVID-zero
The hoped-for Chinese economic rebound is a good contender for this year's biggest disappointment. After China’s abrupt reopening last December, analysts and economists expected a huge rebound as Chinese consumers rushed back to spend and shop. Yet the post-opening rally quickly fizzled out–and…#joeywat #yumchina #fortunesglobalforum #abudhabi #kfc #pizzahut #tacobell #yumbrands #beijing #western (Source: Reuters: Health)
Source: Reuters: Health - November 29, 2023 Category: Consumer Health News Source Type: news
Bill Ackman says the US economy faces a real risk of a'hard landing' if the Fed doesn't cut interest rates soon
None Bill Ackman said in a Bloomberg podcast he expects the US Federal Reserve to cut rates soon. • None He said the US economy risks a sharp downturn if the Fed doesn't cut interest rates soon. • None The Fed has raised interest rates 11 times since March 2022 to cool soaring inflation Bill…#nonebillackman #usfederalreserve #billackman #pershingsquare #carlylegroup #israel #deutschebank (Source: Reuters: Health)
Source: Reuters: Health - November 29, 2023 Category: Consumer Health News Source Type: news
Hong Kong stocks fall as banks, BYD slip before reports showing China slowdown
Hong Kong approached a two-week low before reports this week that may show more signs of China’s economic slowdown. Banks slipped amid speculation they will be asked to lend more to support troubled property developers while BYD slumped on price war among Chinese EV makers. The Hang Seng Index…#hongkong #byd #constructionbank #alibabagroup #hk7565tencent #meituan #hk10860 #hk21940 (Source: Reuters: Health)
Source: Reuters: Health - November 27, 2023 Category: Consumer Health News Source Type: news
Charting the Global Economy: Euro-Area Recession Looks Likely
A recession in the euro area is looking increasingly likely as the economic downturn persists in the final quarter of the year, private-sector activity surveys showed. • None Everything You Need to Know About China’s Child Pneumonia Outbreak • None Hamas Releases Second Group of Hostages Following…#southkoreas #olafscholzs #finance #christianlindner #korea #thailand #chile #africa #angola #zambia (Source: Reuters: Health)
Source: Reuters: Health - November 26, 2023 Category: Consumer Health News Source Type: news
Managing A Crisis
This article concludes that the current downturn in bond yields is part of a continuing market manipulation by central banks in order to restore confidence in the global economic outlook. There is a long history of government…#bankcharteract #benjaminstrong #roaringtwenties #presidentshoover #lehman #goldstabilisationact #ustreasury #esf #treasury #bankofengland (Source: Reuters: Health)
Source: Reuters: Health - November 26, 2023 Category: Consumer Health News Source Type: news
Black Friday Bargain Bonanza For Shoppers, But Retailers Face Consumer Slowdown
It’s Black Friday! Expect frantic buying of the best bargains at retailers across all towns and cities. But this post-Thanksgiving shopping spree will be watched closely by investors for signs that consumers are beginning to tighten their belts. If, as many economic analysts suggest, a downturn in…#postthanksgiving #targetcorptgt #lowescompaniesinc #lowes #bestbuycoincbby #q3 #blackfriday #cyber #nfr #paulrist (Source: Reuters: Health)
Source: Reuters: Health - November 24, 2023 Category: Consumer Health News Source Type: news
5 things investors should know about a coming recession, according to Bank of America
None Wall Street remains mixed on its recession outlooks for 2024. • None Bank of America broke down the top factors to watch for ahead of a potential downturn. • None A recession is not Bank of America's near-term base case. So far, the US economy has staved off a recession, but Wall Street…#nonebankofamerica #bankofamerica #cio #merrill #bofaprivatebank #josephpquinlan #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - November 24, 2023 Category: Consumer Health News Source Type: news
German Economy ’s Downturn Driven by Drop in Private Consumption
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Source: Reuters: Health - November 24, 2023 Category: Consumer Health News Source Type: news
Beijing is making its biggest move yet to patch up the property crisis threatening to blow up China's economy
None China is drafting a "white list" of property developers for bank financing, per Bloomberg. • None Beijing may let banks offer unsecured short-term loans to the 50 developers on the list. • None China's massive property sector is in a slump, adding to the country's post-COVID economic woes.…#nonechina #beijing #countrygarden #nomura #rorygreen #globaldatatslombard #whitelist #vishnuvarathan #mizuhobank (Source: Reuters: Health)
Source: Reuters: Health - November 24, 2023 Category: Consumer Health News Source Type: news
Despite strong economy, Americans are spending less:'I feel like I'm always holding my breath '
The U.S. is not in a recession. Despite nearly three years of warnings that a recession was imminent, it hasn't happened yet. An economic downturn could still be on the horizon, but so far unemployment remains low, gross domestic product is growing and inflation has come down from its June 2022…#oliviathomas #newjersey #treasury #janetyellen #squawkbox #peterhughes #evolveinvesting #hughes #noahdamsky #cfa (Source: Reuters: Health)
Source: Reuters: Health - November 22, 2023 Category: Consumer Health News Source Type: news
' The consumer slowdown has begun': America's deteriorating shopping spree in 4 charts
None American shoppers probably can't keep their big 2023 shopping spree going. • None According to Deloitte, the consumer spending slowdown is already starting. • None There are four signs flashing that signal spending is about to slow. Americans spent big in 2023 and helped prop up the economy,…#deloitte #irakalish #kalish #conferenceboard (Source: Reuters: Health)
Source: Reuters: Health - November 22, 2023 Category: Consumer Health News Source Type: news
