The U.K. just entered a recession
Just after Valentine’s Day, Britain was met with the grim news that its economy had slid into a recession at the end of last year. Now, as the country processes the disappointing economic results, a piece of uplifting data has popped up. The U.K.’s retail sales saw a surprise boost—its biggest…#blackfriday #joemaher #capitaleconomics #maher #ons #lisahooker #pwc #dutch #ing #jamessmith (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
Unfazed by recession, BOJ keeps April policy shift on table
(Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
The Guardian view on the UK recession: no growth and no ideas either
“We’re on the up!” claimed the Daily Express about the British economy on Thursday . Sorry, loyal Conservative cheerleaders, but exactly the reverse is true. Instead of being on the up, we’re on the slide. On Thursday, the Office for National Statistics announced that the UK is in fact in…#resolutionfoundation #ukraine #rishisunak #ipsos #treasury #jeremyhunt (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
Rakuten Shares Jump by Up to 16% After Mobile Unit Cuts Losses
Rakuten Group Inc. gained the most in almost three years after losses narrowed in its mobile operations on a rise in subscribers and telecommunication revenues. • None Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession • None Putin Steps Into US Race to Back…#rakutengroupinc #tokyo #kunikanamori #nttdocomoinc #kddicorp #softbankcorp #hiroshimikitani #rakuten #kenjihirose #ayaitomisawa (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
DoorDash Beats Estimates But Shares Fall After Big Run-Up
DoorDash Inc. beat analysts’ estimates for delivery orders in the fourth quarter, as an expansion into new categories is luring a record number of monthly users who order more frequently. • None Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession • None Putin Steps…#doordashinc #isi #evercore #doordash #dashpass #royalaholddelhaizenv #stopshop #hannaford #tonyxu #sweden (Source: Reuters: Health)
Source: Reuters: Health - February 16, 2024 Category: Consumer Health News Source Type: news
Federal Reserve Board releases the hypothetical scenarios for its annual stress test
The Federal Reserve Board on Thursday released the hypothetical scenarios for its annual stress test, which helps ensure that large banks can lend to households and businesses even in a severe recession. Additionally, for the first time, the Board released four hypothetical elements designed to…#federalreserveboard (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Restaurant-Software Firm Toast to Cut 550 Workers
Toast Inc., a restaurant-focused software company, will cut about 550 employees, adding to the spate of technology industry workforce reductions since the start of 2024. • None Japan Loses Its Spot as World's Third-Largest Economy as It Slips Into Recession • None Putin Steps Into US Race to Back…#toastinc #toast #blockinctoast #microsoftcorp #alphabetincs #googleamazoncominc #salesforceinc #ciscosystemsinc #cashapp #middleeast (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
UK fell into recession at the end of 2023 as economy takes center stage in runup to general election
The British economy fell into recession at the end of 2023 for the first time since the onset of the coronavirus pandemic, as output shrank more than anticipated in the final three months of the year, official figures showed Thursday. In what is a blow for the governing Conservative Party ahead of…#conservativeparty #rishisunak #labourparty #treasury #jeremyhunt #conservatives #rachelreeves #labour #sunak #bankofengland (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan loses crown as world ’s third-largest economy after it slips into recession
Japan has been eclipsed by Germany as the world’s third-biggest economy and has slipped into recession, according to data released Thursday, as the country battles a weak yen and an ageing, shrinking population. Japan’s economy, now the world’s fourth-biggest, grew 1.9% in 2023 in nominal terms –…#ukraine #yoshitakashindo #shindo #kyodo #tetsujiokazaki #universityoftokyo #fumiokishida (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan unexpectedly slips into recession, Germany now world's third-biggest economy
The Wider Image: Postcards from Tokyo: light and shadow ahead of pandemic Olympics The Wider Image: Postcards from Tokyo: light and shadow ahead of pandemic Olympics TOKYO (Reuters) -Japan unexpectedly slipped into a recession at the end of last year, losing its title as the world's third-biggest…#widerimagepostcards #tokyo #olympics #widerimage #toyotamotorcorp #yoshikishinke #bankofjapan #stephanangrick #moodyanalytics #yoshitakashindo (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
U.K. Economy Shrank as 2023 Ended, Tipping Into Recession
Why It Matters: Little or no economic growth. Britain’s prime minister, Rishi Sunak, pledged to grow the economy last year as one of five promises he wanted voters to judge him by. Instead, the economy slipped into a recession. (Two consecutive quarters of economic decline is commonly considered a…#rishisunak #atlantic #gdp (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan Enters Recession With Nikkei About To Hit All Time High
It's not like anyone actually believes it any more, but if anyone needed the most clear and concise proof that there is no, zero, zilch connection between the economy and stock market, look no further than Japan where the Nikkei has…#tokyo #bankofjapans #hilariously #boj #nirp #tylerdurden (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan ’s economy slips into recession due to weak consumer spending
Japan’s economy has contracted unexpectedly because of weak domestic consumption, pushing the country into recession and causing it to lose its position as the world’s third largest economy to Germany. Gross domestic product shrank at an annualized pace of 0.4% in the last three months of 2023,…#cabinetoffice (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan unexpectedly slips into a recession
The figures from Japan's Cabinet Office also indicate that the country may have also lost its position as the world's third-largest economy to Germany. Economists had expected the new data to show that Japan's GDP grew by more than 1% in the fourth quarter of last year. The latest figures were the…#cabinetoffice #imf #tokyo #gitagopinath #3891587 (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
Japan ’s economy slips into recession, raises BOJ policy uncertainty
Japan’s economy slipped into a recession as it unexpectedly shrank for a second straight quarter on weak domestic demand, data showed on Thursday, raising uncertainty about the central bank’s plans to exit its ultra-easy policy some time this year. The surprisingly weak performance saw Japan lose…#bankofjapans #newyear #takujiaida #creditagricole #boj #q4 #marcelthieliant #asiapacific #capitaleconomics (Source: Reuters: Health)
Source: Reuters: Health - February 15, 2024 Category: Consumer Health News Source Type: news
