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Author Archive for: Support
Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
EUROZONE INFLATION SETS ANOTHER RECORD IN JUNE Inflation across the 19 Eurozone countries climbed to 8.9 percent in July,...
Qualcomm, one of the world’s chief suppliers of computer chips for mobile phones, trimmed its sales forecast for this...
Bangladesh became the latest Asian nation to ask the International Monetary Fund (IMF) for aid in recent weeks as...
The value of Pakistan’s rupee plunged 7.6 percent last week to 228 to the dollar, its lowest in more...
Russia’s economy has been harmed less than expected by Western sanctions that were imposed as punishment for its attack...
On 28 July, the European Central Bank (ECB) ended eight unbroken years of negative interest rates by boosting its...
Business activity in the 19-country Eurozone contracted in July for the first time since February 2021, according to S&P...
Germany’s economy, Europe’s largest, stalled in this year’s second quarter as international trade slowed under China’s anti-COVID lockdowns and...
The U.S. dollar has gained about 12 percent in value this year relative to other major currencies, in large...
The world economy is teetering on the edge of recession, the International Monetary Fund (IMF) warned in its latest...
At this rate, it’s remarkable that anybody's going to work at all. Employers are facing a confluence of issues...
Business activity slowed worldwide last month, according to surveys of purchasing managers. In the U.S., the composite purchasing managers...
Inflation and interest rate hikes are causing companies in many sectors to lay off employees. To illustrate the employment...
HOUSING MARKET LEADING U.S. TOWARD RECESSION, NAHB CHIEF SAYS The weakening U.S. housing market is leading the country into...
International paint purveyor Sherwin-Williams cut its per-share earnings outlook for 2022 from around $9.50 a share to around $8.65,...
In June, the value of orders for pricey items designed to last three years, such as refrigerators and factory...
Consumer confidence fell in July for the third consecutive month, according to the Conference Board, an international nonprofit consortium...
Plunging stock and bond prices have left state and local public pension funds with assets to cover only 77.9...