Jamie Dimon warns inflation, interest rates may remain elevated
JPMorgan Chase CEO on Monday warned that excessive government spending in the U.S. may continue to fuel both high inflation and interest rates. In his the chief executive of America's largest bank offered his assessment on the state of the U.S. economy, the odds of a soft landing and the outlook…#jpmorganchase #dimon #federalreserve (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

Oil price surge is the No. 1 threat to the US economy, Moody ’s economist warns
The US jobs market is on fire. Consumer spending is strong. And the economy is growing at a brisk pace. But there is a growing threat to that sunny economic backdrop: surging oil prices. US oil prices are rapidly approaching $90 a barrel. Global oil prices are flirting with $92 a barrel amid…#middleeast #federalreserve #markzandi #donaldtrump #trump #zandi #iran #syria #iranian #israel (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

The determination of legal liability in the infringement of online ride-hailing service - Chen B, Li H.
In recent years, with the gradual rise of "Internet +", the sharing economy based on the Internet is flourishing and the online ride-hailing service is a typical and representative product under this background. Online ride-hailing services are apps that c... (Source: SafetyLit)
Source: SafetyLit - April 8, 2024 Category: International Medicine & Public Health Tags: Jurisprudence, Laws, Legislation, Policies, Rules Source Type: news

How our longitudinal employment patterns might shape our health as we approach middle adulthood--US NLSY79 cohort - Han WJ.
Recent labor market transformations brought on by digital and technological advances, together with the rise of the service economy since the 1980s, have subjected more workers to precarious conditions, such as irregular work hours and low or unpredictable... (Source: SafetyLit)
Source: SafetyLit - April 8, 2024 Category: International Medicine & Public Health Tags: Occupational Issues Source Type: news

Kenya: Ruto Tells Doctors to Make Realistic Demands in Strike Stand-Off
[Capital FM] Eldoret -- President William Ruto has emphasized the need for doctors to understand the government's fiscal constraints, stressing the importance of living within means when it comes to salaries and allowances. (Source: AllAfrica News: Health and Medicine)
Source: AllAfrica News: Health and Medicine - April 8, 2024 Category: African Health Tags: Economy, Business and Finance East Africa Health and Medicine Kenya Labour Source Type: news

Notion That the Fed Sets Global Monetary Course Is a Myth
Lately, obsessive central bank chatter has taken a new form. People scrutinize the Fed’s next move not only for its potential impact on the US economy and stocks, but because Fed moves allegedly signal other central banks to follow its lead. The widespread perception is that not only is the Fed…#bankofengland #europeancentralbank #boebankrate #boe #ecb #nt #swissnationalbanksnb #snb (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

Why some people feel good about their bank accounts but bad about the economy
Nathan Frederiksen is doing pretty well for himself. He turns 40 this year and is on track to retire by 60. It takes some sacrifice — he drives the “unsexiest car ever,” takes a DIY approach to home repairs and doesn’t eat out much — but he’s able to save 10% of his income for retirement and…#nathanfrederiksen #diy #boise #idaho #arizona #georgia #michigan #northcarolina #nevada #pennsylvania (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

The workforce saving America's economy
As the U.S. population continues to age—due to lower birth rates and the biggest generations (Baby Boomers and Millennials) getting older—the number of older people still active in the workforce is growing. While this graying workforce is helping to drive the economy, experts told Newsweek that it…#pewresearchcenter #censusbureau #richardfry #socialdemographic #josephquinn #bostoncollege #targetorwalmart #fry #401ks #gregorydefreitas (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

China holiday spending tops pre-pandemic levels
Chinese tourists spent more per trip over a holiday than in 2019 for the first time since the pandemic started, adding to signs that consumption is recovering in the world’s No. 2 economy. Travelers spent nearly 54 billion yuan (US$7.5 billion) on 119 million trips within the country during the…#goldmansachsgroupinc #citigroupinc #jiangfei #hongkong #goldmansachs #huishan #lunarnewyear #tourismministry #tianshui #qingmingfestival (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

Another big Chinese property developer faces a liquidation suit
Shanghai-based property giant Shimao Group said on Monday that it had received a liquidation petition from a Chinese state-owned bank in yet another instance of creditors taking legal action to reclaim money from troubled developers in the world’s second-largest economy. A “winding-up petition”…#shanghai #shimaogroup #hongkong #shimao #highcourt #countrygarden (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

China Holiday Activity Adds to Recovery Signs
China’s weak consumer activity got a temporary boost from the Qingming holiday ended Saturday, during which more travelers hit the road, adding to signs of green shoots in the world’s second-largest economy. (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

Food inflation across rich nations falls to pre-Ukraine war levels; UK economy at turning point
Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The global cost of living squeeze has eased, as food inflation across rich nations drops to its lowest level since before Russia’s full-scale invasion of Ukraine. After two years of surging…#ukraine #oecd #carlosmera #rabobank #usfederalreserve #chapter2 #worldeconomicoutlook #weo #imf #chaptertwo (Source: Reuters: Health)
Source: Reuters: Health - April 8, 2024 Category: Consumer Health News Source Type: news

These 5 misconceptions about China ’s slowing economy could lead to complacency in the U.S., expert warns
U.S.-China economic relations are in focus as Treasury Secretary Janet Yellen visited Beijing on Sunday, seeking to ease tensions amid mounting disagreements. The push to improve cooperation comes as China's economy suffers from slowing growth, a real estate crisis, high youth unemployment, and…#uschina #treasury #janetyellen #beijing #edyardeni #nicholaslardy #foreignaffairs #lardy #standardchartered #billwinters (Source: Reuters: Health)
Source: Reuters: Health - April 7, 2024 Category: Consumer Health News Source Type: news

Bond Traders See 4.5% Yields as Next Test as Focus Shifts to CPI
There’s one hope left for bond traders burned by this year’s selloff: a sign that the Federal Reserve is gaining the upper hand in its fight against inflation. • None Mark Zuckerberg’s Wealth Exceeds Elon Musk’s for the First Time Since 2020 The surprisingly strong US economy has driven Treasury…#federalreserve #markzuckerberg #treasury #kevinflanagan #wisdomtree #jeromepowell #stephenbartolini #trowepricegroup #edalhussainy #priyamisra (Source: Reuters: Health)
Source: Reuters: Health - April 7, 2024 Category: Consumer Health News Source Type: news

These 5 misconceptions about China's slowing economy could lead to U.S. complacency, expert warns
U.S.-China economic relations are in focus as Treasury Secretary Janet Yellen visited Beijing on Sunday, seeking to ease tensions amid mounting disagreements. The push to improve cooperation comes as China’s economy suffers from slowing growth, a real estate crisis, high youth unemployment, and…#uschina #treasury #janetyellen #beijing #edyardeni #nicholaslardy #foreignaffairs #lardy #standardchartered #billwinters (Source: Reuters: Health)
Source: Reuters: Health - April 7, 2024 Category: Consumer Health News Source Type: news