[ad_1] Economy Large parts of the global economy are likely to experience periods of contraction, but a Chinese rebound might offset that weakness [ad_2] Source link Source link
Read MoreTag: recession
[ad_1] Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six years after voting to leave the European Union, the UK is facing a prolonged recession and a deep cost-of-living crisis. Last week’s Autumn Statement heralded years of higher taxes and cuts […]
Read More[ad_1] The Chinese e-commerce company’s 3% rise in revenue is among its weakest revenue expansions since going public. [ad_2] Source link Source link
Read More[ad_1] World Europe U.K. Britain becomes first major Western economy to try to limit debt growth after piling on spending from pandemic and new energy subsidies [ad_2] Source link Source link
Read More[ad_1] KANSAS CITY, Mo.— Inflation is at risk of growing entrenched in the economy due to an overheated job market, and that will make it increasingly difficult for the Federal Reserve to bring inflation down without a recession, a central bank official said in an interview. “I’m looking at a labor market that is so […]
Read More[ad_1] Consumer prices were 11.1% higher than a year earlier, but a price cap on energy and a looming recession means any further increases to inflation in coming months are set to be more modest. [ad_2] Source link Source link
Read More[ad_1] World Asia Economists expect stimulus measures to help return the world’s third-largest economy to growth in the final quarter of the year [ad_2] Source link Source link
Read More[ad_1] Economy Asia Economy Fresh signs of China’s slowing growth add to fears that the worst is yet to come for the global economy [ad_2] Source link Source link
Read More[ad_1] Inflation eased last month to the slowest pace since January but remained high, which could keep Federal Reserve officials on track to start slowing the pace of interest-rate rises aimed at taming price pressures. The Labor Department on Thursday said that its consumer-price index increased 7.7% in October from the same month a year […]
Read More[ad_1] The researcher found new explanations for booms and busts and advised policy makers to stick to a plan. [ad_2] Source link Source link
Read More[ad_1] World Asia China Consumer-price inflation also slowed to a five-month low, a reflection of the economic toll from Covid restrictions and a real-estate slide [ad_2] Source link Source link
Read More[ad_1] Even as merchandise export growth fell to single digits in three months, services exports continued to remain robust and witnessed 25-30 per cent growth since the beginning of the current fiscal year (July-September), reveals official government data. Notwithstanding the threat of a recession looming ahead for the developed economies, exporters say […]
Read More[ad_1] The pullback in demand for its goods abroad removes a key prop for China’s growth as its economy is pressured by the government’s zero-Covid strategy and a severe real-estate slump. [ad_2] Source link Source link
Read More[ad_1] Consumers are swapping everything from Lululemon leggings to Natori underwear for cheaper alternatives: “A $12 bra is good enough.” [ad_2] Source link Source link
Read More[ad_1] America’s jobs market shows no meaningful sign of slumping despite recession fears and some high-profile anecdotes. [ad_2] Source link Source link
Read More[ad_1] Business Europe German auto makers and suppliers say they are losing confidence in the European economy [ad_2] Source link Source link
Read More[ad_1] The annual rate of consumer-price inflation in the eurozone increased to double digits in October, reaching a record and highlighting the challenges facing the European Central Bank. [ad_2] Source link Source link
Read More[ad_1] HONG KONG—China’s factory activity contracted in October after a short-lived improvement, a fresh sign of the toll from the country’s stringent Covid policies and of fading global demand for Chinese-made goods. The official purchasing managers index for manufacturing fell to 49.2 from 50.1 in September, the National Bureau of Statistics said Monday. The result […]
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