Tag Archive for: may 25 2021
METAL PRICES FALL AFTER CHINA WARNS SELLERS
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 25 2021, 3Global prices of industrial metals fell 24 May after China warned commodities producers and brokers to “maintain market orders”...
China’s economic growth slowed in April because consumer spending remained weak. Industrial output rose 9.8 percent year on year,...
UBS Group, Nomura Holdings, and UniCredit SpA will collectively pay $450 million worth of fines for illegally colluding in...
JAPAN’S RECOVERY FALTERS IN FIRST QUARTER
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 25 2021, 0Japan’s economy, the world’s third-largest in 2019, contracted 1.3 percent in this year’s first quarter, a 5.1-percent annualized rate...
SHIPPING DELAYS HELPING TO INFLATE PRICES
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, may 25 2021, 0Ports clogged with goods lined up to enter or leave are causing shortages of raw materials and consumer goods...
Price hikes clouding the world’s economic recovery “are of a temporary nature” and inflation will return to modest levels...
The massive debts taken on by Europe’s businesses and governments to survive the economic shutdown raise risks of financial...
WEWORK LOSES $2 BILLION, 25 PERCENT OF ITS MEMBERS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 25 2021, 0WeWork, the floundering landlord that rents shared office space to gig workers and start-ups, nearly quadrupled its losses to...
Discovery Inc., a leader in unscripted television programs such as “Shark Tank” and “Fixer Upper,” has acquired a 29-percent...
Flush with government stimulus cash and payments for caring for COVID patients, major hospital chains are snapping up smaller...
HOME PRICES WILL RISE THROUGH 2023, STUDY SAYS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 25 2021, 2Home prices will continue to rise through 2023, although more slowly than 2020’s 11.4-percent peak pace, according to an...
Half of U.S. hotel rooms are empty most nights, malls struggle to survive, and office buildings are still largely...
HOME SALES FALL AS INVENTORY DRIES UP, PRICES CLIMB
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 25 2021, 1Sales of existing homes slipped 2.7 percent in April compared to March, the third consecutive month of sliding sales,...
JOBLESS CLAIMS REACH POST-CRISIS LOW AS STATES CUT BENEFITS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, may 25 2021, 1New claims for unemployment insurance totaled 444,000 in the most recent week, the U.S. Labor Department reported, the lowest...
The Defiance Next Gen SPAC-Derived Exchange Traded Fund, which lists special-purpose acquisition companies (SPACs) and the businesses that have...
FED AND CHINA MOVES POUND BITCOIN AND ETHER. Investors continued to run away from cryptos in droves following a...
UNDER THE RADAR RADICAL: LAURENE POWELL JOBS
Support, , TRENDS IN TECHNOCRACY by Joe Doran, may 25 2021, 2While many big tech political funders are highly visible, others manage to push their agendas while retaining much lower...
SEARCH & BUY: GOOGLE & AMAZON BATTLE FOR DOMINANCE
Support, , TRENDS IN TECHNOCRACY by Joe Doran, may 25 2021, 1Google has announced a partnership with Shopify to build out an enhanced platform that may look and feel quite...
Dozens of deaths and billions in property damage during BLM and Antifa riots in 2020 were celebrated by Washington...