Will China Take on More Debt Chasing 5% Growth in 2024?
China’s economic slowdown since the Covid-19 pandemic has raised significant doubts about the country’s future growth prospects. After decades of stunning growth, analysts are watching whether Beijing is prepared take on more debt in 2024 or grow less. The expectations were that once China ditched…#beijing #xijinping #africa #latinamerica #jimpollard #chinabankspushed #creditoutlook #outlook #willchinatake #asiafinancial (Source: Reuters: Health)
Source: Reuters: Health - December 19, 2023 Category: Consumer Health News Source Type: news
China ’s Millionaires Are Worried. That’s a Problem for Wall Street
A sharp slowdown in Hong Kong’s initial public offering market has hurt one way Wall Street banks help their rich clients. China’s economic slowdown has become a big problem for banks that serve the rich. For years, banks including Citigroup, JPMorgan and UBS competed hard to win business from…#hongkongs #citigroup #jpmorgan #ubs #hongkong (Source: Reuters: Health)
Source: Reuters: Health - December 18, 2023 Category: Consumer Health News Source Type: news
Best Dividend Stocks Paying Yields Over the Rate of Inflation in December 2023
Financial services company B. Riley Financial topped the list of dividend-paying stocks under $25 per share this month, as its share price fell and the forward dividend yield hit 18.8%. Dividend stocks provide investors with passive income, which helps to offset losses during an economic downturn.…#brileyfinancial #dividend #frontlineplc #cyprus #euronavnv #eurn #delaware #utica #williston #marcellus (Source: Reuters: Health)
Source: Reuters: Health - December 16, 2023 Category: Consumer Health News Source Type: news
Crude Prices Soar on Dollar Weakness and Economic Optimism
January WTI crude oil (CLF24) this morning is up +2.80 (+4.03%), and Jan RBOB gasoline (RBF24) is up +8.53 (+4.21%). Crude oil and gasoline prices this morning are sharply higher and posted 1-week highs. Today's slump in the dollar index to a 4-month low is bullish for energy prices. Also,...#clf24 #janrbob (Source: Reuters: Health)
Source: Reuters: Health - December 14, 2023 Category: Consumer Health News Source Type: news
Janet Yellen on Why She Predicts a Soft Landing for the U.S. Economy
It has been a matter of debate among economists for a while: Can the U.S. economy achieve a so-called soft landing, with inflation falling back to prepandemic levels without a deep economic slowdown? U.S. Treasury Secretary Janet Yellen , a former chair of the Federal Reserve, is confident it can.…#treasury #janetyellen #federalreserve #nicktimiraos #wsj (Source: Reuters: Health)
Source: Reuters: Health - December 14, 2023 Category: Consumer Health News Source Type: news
Here ’s Why Bitcoin (BTC) And Crypto Market Falling Today
The cryptocurrency market has continued to face a downturn today, leaving investors on edge as Bitcoin and other major cryptos experience a dip. Meanwhile, several factors might have potentially contributed to this decline, as investors are treading with a cautious eye on economic indicators and…#federalreserve #recentdip #federalreserves #cmefedwatchtool #bitcoinethereum #eth #bitcoin #ethereum #xrp #dovish (Source: Reuters: Health)
Source: Reuters: Health - December 13, 2023 Category: Consumer Health News Source Type: news
Rich Nations, IMF Deepen World Stagnation
By Jomo Kwame SundaramKUALA LUMPUR, Malaysia, Dec 13 2023 (IPS) With the US Fed raising interest rates, the world economy is slowing as debt distress spreads across the global South, increasing poverty worldwide to pre-pandemic levels, with the poorest countries faring worst.
Extreme poverty continues to be high and is now worse than before the pandemic in low-income countries (LICs) and among those affected by fragility, violence and conflict. The promise of eradicating poverty worldwide by 2030 has become unachievable.
Jomo Kwame SundaramThe Bretton Woods institutions’ (BWIs) annual meetings in Marrakech in October we...
Source: IPS Inter Press Service - Health - December 13, 2023 Category: International Medicine & Public Health Authors: Jomo Kwame Sundaram Tags: Civil Society COVID-19 Economy & Trade Environment Financial Crisis Global Headlines Labour Poverty & SDGs TerraViva United Nations IPS UN Bureau Source Type: news
US inflation likely cooled again last month as Fed prepares to assess interest rates
This year's steady slowdown in U.S. inflation likely continued in November, though the latest data may also point to steadily higher prices in some areas of the economy. Tuesday's inflation report from the Labor Department is expected to show that businesses kept overall prices unchanged for a…#labordepartment #federalreserve #jeromepowell #inflation (Source: Reuters: Health)
Source: Reuters: Health - December 12, 2023 Category: Consumer Health News Source Type: news
Crypto has not yet experienced a downturn in the economy
(Source: Reuters: Health)
Source: Reuters: Health - December 10, 2023 Category: Consumer Health News Source Type: news
We might be all clear for an economic ‘soft landing’
Rejoice—the economy is looking like it could avoid a downturn and achieve a landing as soft as a pile of fuzzy Pillow Pets. US employers added a more-than-expected 199,000 workers to their payrolls last month, the Bureau of Labor Statistics said yesterday. The solid result calmed many analysts’…#pillowpets #federalreserves #199k #healthcare #labordepartment #jpowell #morningbrew (Source: Reuters: Health)
Source: Reuters: Health - December 9, 2023 Category: Consumer Health News Source Type: news
Max Healthcare Inst to acquire Starlit Medical Centre at enterprise value of Rs 940 cr
The company has executed a binding share purchase agreement (SPA) for the acquisition of 100 per cent stake of Starlit Medical Centre Pvt Ltd, which had entered into a business transfer agreement with Sahara India Medical Institute Ltd for purchase of healthcare undertaking consisting of 550-bedded Sahara Hospital, Lucknow, on a slump sale basis, Max Healthcare Institute said in a statement. (Source: The Economic Times)
Source: The Economic Times - December 8, 2023 Category: Consumer Health News Source Type: news
A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt
None Echoing Elon Musk and Michael Burry, an economist has warned about American consumers' debt woes. • None Record credit-card debt threatens to spark a consumer-spending slowdown soon, Carl Weinberg said. • None Weinberg expects the US economy to cool but not slide into recession, and he sees…#noneechoingelonmusk #michaelburry #nonerecord #carlweinberg #noneweinberg #tesla #elonmusk #bigshort #kengriffin #billgross (Source: Reuters: Health)
Source: Reuters: Health - December 7, 2023 Category: Consumer Health News Source Type: news
California faces record $68 billion budget deficit as slump in hiring and homebuying hits tax collections
California is facing a record $68 billion budget deficit, state officials announced Thursday, forcing hard choices for Democratic Gov. Gavin Newsom in his final term as he works to build his national profile. The nation’s most populous state — with an economy that is the fifth largest in the world…#gavinnewsom #californians #newsom #legislature #legislativeanalyst #gabrielpetek #medicaid #republicans #rogerniello #fairoaks (Source: Reuters: Health)
Source: Reuters: Health - December 7, 2023 Category: Consumer Health News Source Type: news
A veteran economist just echoed Elon Musk and Michael Burry's warning that Americans are drowning in credit-card debt
and Elon Musk. Getty Echoing Elon Musk and Michael Burry, an economist has warned about American consumers' debt woes. Record credit-card debt threatens to spark a consumer-spending slowdown soon, Carl Weinberg said. Weinberg expects the US economy to cool but not slide into recession, and he sees…#elonmusk #gettyechoingelonmusk #michaelburry #carlweinberg #tesla #bigshort #kengriffin #billgross #jeffgundlach #jpmorgan (Source: Reuters: Health)
Source: Reuters: Health - December 7, 2023 Category: Consumer Health News Source Type: news
Once Unstoppable, Alibaba Is Now Faltering - WSJ
SINGAPORE—Chinese internet titan Alibaba Group Holding once seemed invincible. Now, it is stuck in a slump. The e-commerce giant was a major driver of China’s growing consumer economy as it pioneered online shopping in China. Over the years, it also expanded into cloud computing, physical…#singapore #alibabagroupholding (Source: Reuters: Health)
Source: Reuters: Health - December 7, 2023 Category: Consumer Health News Source Type: news
