In February, home prices in Britain rose 0.7 percent from January and 1.2 percent, year on year, marking their first increase since January 2023. The rise was the largest since July 2022.
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JAPAN’S FACTORY PRODUCTION PLUNGES TO FOUR-YEAR LOW
In January, Japan’s factory output sank faster than at any time since May 2020 in the early days of the COVID War.
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EUROZONE INFLATION SLOWS TO 2.6 PERCENT IN FEBRUARY
Prices inflated by 2.6 percent in February across the 20-country Eurozone, slipping from January’s 2.8 percent and coming closer to the European Central Bank’s (ECB’s) 2-percent target.
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GOING OUT OF BUSINESS TRENDS
In recent times, 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, looming fears of a recession, and...
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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.
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TOP TREND 2024: EV GO FU
After investing a decade and billions of dollars, Apple has ended its efforts to produce an electric vehicle (EV).
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TOP TREND 2024: BANKS GO BUST
Fears for the banking industry were aggravated on 1 March when New York Community Bancorp (NYCB) admitted that the bank’s executives had found “material weakness” in the way the company monitors and weighs risks in its loan portfolio.
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MACY’S WILL CLOSE 150 STORES IN OWNERSHIP FIGHT
Macy’s announced that revenues and profits in 2023’s last quarter were better than expected.
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CONSUMER CONFIDENCE SLUMPS
After feeling more positive through the first half of February, U.S. consumers took a darker view of the nation’s economy just before March.
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U.S. NATIONAL DEBT GROWING BY $1 TRILLION EVERY 100 DAYS
The U.S. national debt reached $34.4 trillion on 28 February and added its two most recent trillion-dollar increases in about 100 days each, CNBC reported.