FED’S FAVORITE INFLATION GAUGE REACHES 30-YEAR HIGH The Core Personal Consumption Expenditures Index (PCE), the U.S. Federal Reserve’s preferred...
Tag Archive for: nov 2 2021
FOSSIL FUEL COMPANIES RAKED IN RECORD SUBSIDIES IN 2020 In 2020, companies that produce oil, natural gas, and coal...
Natural gas prices for November and December delivery in the U.K. and across Europe fell by about 10 percent...
CHINA’S FACTORY PRODUCTION SLOWS, SERVICES CONTINUE STRONG
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, nov 2 2021, 0Shortages of power and high prices for raw materials shrank China’s factory output in October, while the services economy...
PRIVATE LENDING MARKET FACES “SYSTEMIC RISKS”
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, nov 2 2021, 1The $1-trillion industry that makes loans to companies shut out of the corporate bond market faces “systemic risks” due...
GLOBAL CHIP SHORTAGE SLASHES ECONOMIC OUTLOOK
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, nov 2 2021, 1Samsung Electronics warned it is unable to predict its’ 2022 financial performance because of the continuing shortage of computer...
WILL ECB HOLD TO NEGATIVE INTEREST RATE?
Support, , TRENDS ON THE GLOBAL ECONOMIC FRONT, nov 2 2021, 1The European Central Bank (ECB) will not raise interest rates from their current -0.50 percent next year, bank president...
The European Union’s economy grew 9.1 percent in the third quarter as restrictions on movement, gathering, and business eased...
Hertz, the rental car company that emerged from Chapter 11 bankruptcy in June with $6 billion in capital, has...
Investors snapped up commercial properties at a record pace during the third quarter, The Wall Street Journal reported, especially...
U.S. sales of tobacco products edged up 0.4 percent last year, the first annual increase in two decades, according...
As mortgage interest rates edged up in September, the number of signed contracts for home purchases unexpectedly dipped 2.3...
ORDERS FOR DURABLE GOODS SHRANK IN SEPTEMBER
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 2 2021, 0For the first time since spring, orders for durable goods—items that are intended to last more than three years,...
U.S. ECONOMY GREW JUST 2 PERCENT IN THIRD QUARTER
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 2 2021, 0The U.S. GDP expanded by a feeble 2 percent in this year’s third quarter, the federal Bureau of Economic...
INVESTORS ENERGIZE JUNK BOND MARKET DESPITE GROWING RISKS
Support, , TRENDS ON THE U.S. ECONOMIC FRONT, nov 2 2021, 0The U.S. high-yield debt market, also known as junk bonds, has grown to a record size, the Financial Times...
Self-described anarcho-syndicalist liberatarian socialist Noam Chomsky has called for isolating unvaccinated peoples from society and leaving them to go...
THE BUSHIES SPEAK: WHO CARES WHERE COVID CAME FROM?
Support, , TRENDS IN THE COVID WAR, nov 2 2021, 0So what if scientists may have unleashed a man-made virus that paralysed the world, ruined economies, locked down millions,...
Last week, the Bank of Korea announced that the country’s economy grew by a measly 0.3 percent from July...
GET VACCINATED, SPREAD DELTA VARIANT AT HOME, STUDY SAYS
Support, , TRENDS IN THE COVID WAR, nov 2 2021, 1A study published Friday showed that individuals vaccinated for COVID-19 can spread the virus inside households just as easily...
Trends Journal reported earlier this year on British Columbia's massive drive to vaccinate the Canadian province's entire population; see...