As the 2012 presidential election approached, the first Friday of each month was suddenly weighted with remarkable political importance. Those were the days on which the government released new jobs data and, in doing so, offered a sort-of-real-time assessment of how President Obama was doing in steering the country out of the recession that began […]
Story continues below Advertisement Gold prices were poised for their biggest weekly gain in nine weeks on Friday as the dollar and Treasury yields retreated, while traders awaited key U.S. jobs data due later in the day for clues on when the Federal Reserve could start rate cuts. Spot gold was steady at $2,055.59 per […]
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Mounting losses from banks in the US, Asia and Europe have rekindled concerns about weakness in the US commercial property market, a sector that has been under pressure from lower occupancy levels and higher interest […]
EmTech Invest: FD CAPITAL x GW Capital Hosts Global Economic Symposium in Davos in Collaboration with Stukkert&Co Davos, Switzerland–(Newsfile Corp. – February 1, 2024) – EmTech, a prominent technology and business solutions company, hosted a groundbreaking global economic symposium in Davos, Switzerland on January 16 2024. The event was curated by renowned economist Alena Yudina, […]
Angle down icon An icon in the shape of an angle pointing down. Chinese leader Xi Jinping. Lintao Zhang/Getty Images China is struggling to stage a convincing economic recovery post pandemic, hitting investor confidence. In January, authorities pulled about a dozen moves to stabilize a stock market rout and to support the property sector. But China’s […]
Production and sales of all vehicles and “new energy vehicles” (NEVs) in China, from National Bureau of Statistics and China Association of Automobile Manufacturers data via Wind Financial Terminal. NEVs include battery electric vehicles and plug-in hybrids. The right-hand side shows the share of NEVs out of all new vehicles sold, and the cumulative share […]
Gold Trading at a Four-Week High as the Dollar and Yields Slip Ahead Of Fed Interest-Rate Decision Marketscreener.com Read the full article…
Angle down icon An icon in the shape of an angle pointing down. The US economy has been outpacing the growth of its G7 peers. Brendan Smialowski/Getty Images US recession calls are still on the table, but the economy is still outpacing other rich nations. US GDP grew at a surprise 3.3% rate in the […]
Going by the International Monetary Fund’s (IMF) assessment, risks hanging over the world economy may be starting to ease. “The clouds are beginning to part,” Pierre-Olivier Gourinchas, its chief economist, said on Tuesday at the release of IMF’s World Economic Outlook, as the global economy begins its final descent for a “soft landing” amid a […]
The prospect of a Japanese corporation buying U.S. Steel — whose products shaped American landmarks like the Empire State Building — is stirring an election-year debate over just how far the United States should go in embracing economic nationalism. When Nippon Steel in December offered to buy the Pittsburgh-based steelmaker for $14.9 billion, investors cheered. […]
