Last month, inflation in the 20-country Eurozone edged up to 2.6 percent after falling to 2.5 percent in June.
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CHINA’S WEAK ECONOMY TANKS COMMODITIES MARKET
Persistent weak demand in China and an abundance of supplies have driven many investors and speculators out of the commodities market, dumping about $41 billion in long positions on the way out.
GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community. Some of the most significant challenges include soaring inflation rates, escalating interest rates, increased minimum wage, looming fears of a recession, and a tangible decrease in revenues for many sectors…
WHEN THE ECONOMY FALLS JOBS GO WITH IT
It’s global. The numbers are there for all to see. From developed to underdeveloped nations, economies are slowing down and/or contracting.
PROSPECT OF RATE CUT PUSHES FED INTO POLITICS
The U.S. Federal Reserve always insists it scrupulously shuns any involvement in partisan politics.
FEDS TO CUT INTEREST RATE NEXT MONTH
The U.S. Federal Reserve’s rate-setting Open Market Committee left the central bank’s interest rates untouched at last month’s meeting but signaled the likelihood of a rate reduction in September.
CONSUMERS HAVE HIT THEIR LIMIT WITH HIGH FOOD PRICES
With consumers turning away from national brands and eating at home instead of out, food companies are scrambling to win back their customers while also trying to protect their margins and what have been comfortable profits over the past three years.
U.S. PRODUCTIVITY GREW 2.3 PERCENT IN SECOND QUARTER
Productivity among American businesses grew by 2.3 percent in the previous quarter, the U.S. Labor Department reported, more than a fivefold improvement over the 0.4 percent booked during the year’s first three months.
SHOPLIFTING IN U.S. JUMPS 24 PERCENT IN FIRST HALF OF THE YEAR
Shoplifting in the U.S. has surged in 2024 as cash-strapped Americans suffocated by soaring interest rates and high inflation struggle to make ends meet and are still paying the price for COVID-19 lockdowns that destroyed life on earth.
PRESIDENTIAL REALITY SHOW®: HARRIS SEIZES SUPPORT FROM UAW
U.S. Vice President Kamala Harris, the likely Democratic presidential nominee to square off against Donald Trump in November, scored the support from the influential United Automobile Workers, which called her a champion for the working class.