Corporate America Is Hurting on China’s Worsening Economy
China’s worsening economic downturn is negatively impacting major American businesses operating in the country, especially those linked to its declining manufacturing, construction, and export sectors....
U.S. dollar could soon wipe out all of its post-pandemic gains, Soc Gen strategist warns
The slide in the U.S. dollar in the last eight months could mean that mean all of its gains in the wake of the coronavirus...
They Can’t Even: A Generation Avoids Facing Its Finances: WSJ
Some tune out bank and credit-card balances, lose track of their spending and rack up debt. Average credit-card debt rose 29% to $5,800 in March...
Asia Gold-China demand buoyant, India ramps up purchases
By Rajendra Jadhav, Seher Dareen * Gold imports flowing into China over past few weeks- MKS PAMP * Indian banks importing more gold since market...
Gold touches a fresh 8-month high on China reopening hopes
Gold futures touched a fresh eight-month high Wednesday as traders bet that China’s decision to drop COVID-19 restrictions on its economy would continue to boost...
PRECIOUS-Gold accelerates to 8-month peak on dollar pullback
* U.S. CPI report due on Thursday * Dollar index down 0.4% (Updates prices) Jan 9 (Reuters) – Gold prices extended gains to an eight-month...
10-year Treasury yield finishes New York session below 3.8% amid global growth concerns
Bond yields fell on Tuesday, sending the benchmark 10-year rate below 3.8%, as traders worried that COVID-19 restrictions in China may further damage global economic...
Carvana rivals’ stocks plunge after earnings
[ad_1] While Carvana Inc. shares soared despite weaker-than-expected financial results last week, two of the online car-seller’s smaller rivals were not as fortunate Monday. CarGurus...
Opinion: The Fed’s inflation promises are simply not credible
With inflation running high for the last 14 months, we can sadly conclude it’s entrenched, will be difficult to conquer and is hardly the province of...
Summer Worker Shortage Means Things Will Be Closed. Again.
Many Americans hoped this would be the first normal summer after two years of Covid-19 disruptions. A chronic labor shortage means it probably won’t be....