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Tag Archive for: feb 1 2022
COVID SNITCHING ANOTHER BRICK IN SURVEILLANCE STATE WALL. Cell phones, computers, street cams and drones can’t do everything. Authorities...
AMAZON MAPS CAMPAIGN TO CONQUER BRICK-AND-MORTAR RETAIL On 18 January, Amazon unveiled the newest iteration of its Go stores:...
LITHIUM PRICES SOAR ON CHINA’S EV BOOM Lithium prices in China have risen fivefold in the past 12 months...
TURKISH LIRA PAUSES ITS DECLINE; ERDOGAN FIRES STATISTICS CHIEF
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 1 2022, 0The Turkish lira lost about 44 percent of its value against the dollar last year but recently has stabilized...
CHILE HIKES INTEREST RATES MOST IN 20 YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 1 2022, 0Chile’s central bank raised its overnight interest rate by 1.5 percentage points to 5.5 percent, surprising analysts’ expectations of...
The prospect of imminent higher interest rates has spun the world’s junk bond markets into turmoil, with overborrowed companies...
FRANCE’S 2021 ECONOMY UP, GERMANY DOWN
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 1 2022, 0France’s GDP expanded by 7 percent last year, topping pre-COVID output as consumer spending drove the economy’s best annual...
Business activity in the 19-country Eurozone began this year at its slowest pace since February 2021. IHS Markit’s Eurozone...
STOCKS, CRYPTO FACE BUMPY FUTURE, IMF SAYS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, feb 1 2022, 0Stocks and cryptocurrencies face a more volatile future as the two become increasingly linked and the U.S. Federal Reserve...
General Motors has announced investments of almost $7 billion to build an electric-vehicle battery plant in Michigan and retool...
COMMERCIAL REAL ESTATE INVESTMENTS HIT RECORD LEVEL. READ BETWEEN THE LINES
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 1 2022, 1In 2021, investors bought a record $809 billion worth of commercial real estate, according to Real Capital Analytics, far...
HOME RENTAL RATES JUMP 12 PERCENT, SET RECORD IN JANUARY
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 1 2022, 3Rental rates across the U.S. for places to live rose an average of 12 percent in January to set...
The number of pending home sales slid 3.8 percent in December compared to November and fell 6.9 percent from...
With the flow of free government money ending and inflation rising, U.S. consumer spending edged down 0.6 percent in...
U.S. ECONOMIC GROWTH SPIKES, BEATING FORECASTS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 1 2022, 0The U.S. economy grew 6.9 percent in last year’s fourth quarter compared to the same period a year earlier,...
WORKER PAY GROWS, BUT INFLATION BEATS IT
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 1 2022, 0Salaries and wages grew by 4 percent in 2021, their greatest yearly gain since 2001, the U.S. labor department...
The U.S. municipal bond market has seen its worst beginning to a new year since 2011, with the S&P...
AS ECON CLIMATE DARKENS, RETAIL INVESTORS BET ON SUNNY FUTURE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, feb 1 2022, 0Every trading day during January, individual investors put more money into U.S. stocks than they extracted, according to data...
The U.S. Federal Reserve has all but promised to begin raising interest rates next month as inflation raged at...