In April, the Eurozone’s flash purchasing managers index (PMI) for the overall economy rose to 51.4 from 50.3 in March, the strongest rating in 11 months. Analysts in a Reuters poll had predicted a reading of 50.8.
Category: 30 April 2024
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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.
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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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UPS REVENUE SHRINK SIGNALS SLOWDOWN
Global package handler UPS posted revenue 5.3 percent lower in this year’s first quarter than the same period a year earlier.
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PEPSICO REPORTS HIGHER PROFITS ON LOWER SALES VOLUME
PepsiCo reported first-quarter sales revenue 2.3 percent above those a year earlier to $18.25 billion, beating analysts’ forecasts, even though sales volume dropped 2 percent during the period.
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HOSPITAL PRICES AND PATIENTS PAY MORE AFTER MERGERS
After hospitals merge, their prices for patient care rise and patients indirectly are handed a large share of the higher bill, according to a study published 24 April by the American Economic Review.
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WHITE-COLLAR HIRING HAS STALLED
The rate of hiring in accounting, finance, law, media, professional services, and technology is only about a third of that for the labor market as a whole, Bloomberg reported.
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INFLATION HOLDS, GROWTH SLOWS IN FIRST QUARTER
The U.S. economy grew by 1.6 percent in this year’s first quarter, adjusted for inflation, the commerce department reported.
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THIS WEEK IN SURVEILLANCE
A new Daily Mail exclusive has detailed just how extensive the trampling of rights of Americans to Bill of Rights protections against warrantless searches was, in the aftermath of a post 2020 election January 6th Washington D.C. protest.
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“NET ZERO”: ZERO NEED, LESS THAN ZERO HUMAN BENEFIT
A group of climate researchers say that scientific principle shows that atmospheric CO2 is not capable of contributing any more to global warming than is currently the case.