News

Chinese Stock Surge Surprises Investors: Too Late To Join The Rally?
...year to discuss the economy, indicated additional policy shifts to support the housing market and the economy. In a statement released following the meeting, Chinese officials pledged to “maintain......

Retailers Brace for Consumer Spending to Slow
Colliers is predicting a slowdown in consumer spending in 2024, with......

Retailers jacked up prices and squeezed consumers. They might have just blinked
New York CNN — Retailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken between stores and shoppers, it’s the stores that appear to be yielding first, by......

Write It Down: Historians Will Conclude 2021-Present Was Not Inflation
am EDT “You have to reroute all of our coffee immediately.” Those were the words of Michael Haft, co-founder of Washington, D.C.-based Compass Coffee. It gets its coffee beans from the Port of......

The Missing Factor In Explanations Of China’s Economic Distress: Covid (Part 1: The Cover-Up)
...Actual growth seems below the official figures; there is substantial deflation; the housing market has yet to stabilize; and the domestic stock markets have fallen significantly. Domestic confidence......

Fed Stands Despite Softening Jobs Market, Poor Earnings Guidance, Manufacturing Recession, CRE Foreclosures
...4.50% on Friday. The 10-Year Treasury serves as an index for mortgage rates, which recently hit 7.30%. That has sent the housing market into a deep funk. Hence, lower rates are something the......

Sunday’s presidential election in Panama is ‘most important’ in decades, say experts
CNN — Panama, the Central American nation at the crossroads of international trade and migration, will elect a new president on Sunday after a campaign season mired in legal uncertainty. “It’s a......