Each week, we report instances where the money junky hedge funds, private equity groups and the already big companies...
Tag Archive for: may 24 2022
YELLEN REJECTS SUGGESTION TO RAISE 2-PERCENT INFLATION TARGET Advanced nations should not adjust upward their 2-percent inflation targets just...
PURVEYORS OF LUXURY GOODS FORESEE U.S. BOOM, CHINA REVIVAL
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 24 2022, 0Companies hawking haute couture, pricey perfumes, and three-figure bottles of cognac expect sales in China to return to COVID-era...
CAR SALES IN EUROPE DIVE 20 PERCENT IN APRIL
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 24 2022, 0In April, car sales in Europe declined for a 10th consecutive month, with new registrations off 20 percent, year...
CHINA’S HOME PRICES FALL FOR FIRST TIME IN SEVEN YEARS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 24 2022, 0Home prices across 70 cities in China edged down 0.11 percent in April, year over year, their first decline...
GLOBAL ECONOMY IMPACTED BY CHINA’S SLOWDOWN DUE TO ‘ZERO-COVID’ POLICY
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 24 2022, 0China’s “Zero-COVID” policy continues to impact the global economy, which economists say is a double whammy due to the...
APPLE, NEW YORK TIMES DELAY WORKERS’ RETURN TO THE OFFICE
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 1The New York Times Co. had planned to bring workers back to the paper’s Times Square offices part-time next...
RICH GET RICHER: U.S. CEO PAY SETS RECORD
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 1Chief executive officers at the largest U.S. companies averaged $14.7 million in compensation in 2021, the sixth consecutive year...
Home sales in the U.S. are slowing after a frenzied two years that saw median sale prices rise from...
PACE OF APRIL EXISTING HOME SALES SLOWEST IN TWO YEARS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 0In April, sales of existing homes slipped 2.4 percent from March and 5.9 percent year on year to their...
BORROWERS WITH LOW CREDIT SCORES MISSING PAYMENTS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 0In March, the proportion of payments on car loans, personal loans, and credit cards that were at least 60...
Investors have lost interest in special-purpose acquisition companies (SPACs) just when SPACs need them most. A SPAC or “blank-check...
With the dollar continuing to surge in value against other currencies and the euro down 7 percent so far...
FUND MANAGERS DUMP INVESTMENTS, CASH IS KING
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 1Around the world, cash holdings among investment fund managers has reached their greatest volume since the terrorist attacks in...
The Israeli Air Force plans to hold a massive military exercise in late May over the Mediterranean called “Chariots...
In last week’s stock market rout, Target’s share price suffered its worst single-day plunge since the Black Monday crash...
SELL-OFF BROADENS BEYOND TECH AS MARKETS BRACE FOR RECESSION
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 0Ten of the 11 sectors comprising the Standard & Poor’s 500 index have lost value this year. Only energy...
TECH STOCKS CONTINUE TO LEAD THE MARKETS’ FALL
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 24 2022, 2The NASDAQ, home to most U.S.-listed tech stocks, slumped 3.8 percent last week, its seventh consecutive week closing down...
MASTERCARD: SPEND WITH A SMILE ON YOUR FACE
Support, , TRENDS IN TECHNOCRACY by Joe Doran, may 24 2022, 1Mastercard has begun a test of its new biometric payment technology that lets customers in stores add purchases to...
BOURLA DOES DAVOS, SELLS MICROCHIPS IN PILLS. No figure in the COVID War that has ravaged world economies and...