Good News: We Can Expect More Recessions in Future – Bloomberg
Good News: We Can Expect More Recessions in Future Bloomberg Source link
Emerging Markets
Canada Reduces Number of Diplomats in India Over Safety Concerns
Canada’s High Commission will reduce the number of diplomats in India due to security concerns as a diplomatic row escalates over murder allegations made by Prime Minister Justin Trudeau. “In the light of the current environment where tensions have heightened, we are taking action to ensure the safety of our diplomats,” Global Affairs Canada said … Read more
Stock Market Today: Dow, S&P Live Updates for Sept 4
European stocks climbed, buoyed by China’s latest stimulus measures and wagers US interest rates may be approaching a peak. The Stoxx 600 gauge rose 0.7%, halting three days of losses. Futures in the US also advanced after the S&P 500 Index’s best week since June. Crude prices steadied near the highest level since November as … Read more
China Tries to Support Weak Yuan (CNY USD) With Forex Reserve Ratio Cut
China moved to support the yuan by increasing the supply of foreign currency in its local market, part of a multi-pronged effort by Beijing to restore confidence amid sluggish growth. Financial institutions will need to hold just 4% of their foreign-exchange deposits in reserve starting Sept. 15, the People’s Bank of China said Friday, compared … Read more
Personal Finance: Stock Funds Can Be Difficult to Compare. Try the PEP Ratio.
The holy grail of stock investing is buying great companies on the cheap. Stock picker Peter Lynch plied a variation of that strategy to fame and fortune in the 1980s using his so-called PEG ratio. It compares companies’ valuation, as measured by their price-earnings ratio, with expected growth to find stocks that offer the highest … Read more
Stock Market Today: Dow, S&P Live Updates for Aug 21
Breaking Bread: Shelley Moore Capito Country Pancakes and Country Roads: In Fayetteville, West Virginia, Republican Senator Shelley Moore Capito and Alexander Heffner, host of PBS’s The Open Mind, share a breakfast of pancakes, eggs and bacon, and then visit America’s newest national park. Capito discusses the issues she sees as nartural areas for bipartisan agreement, … Read more
Latest on China’s Economy: What Xi Jinping Is Really Doing and Why
Xi Jinping’s quest to rewrite the playbook that drove China’s economic miracle for a generation is facing its sternest test yet. The $18 trillion economy is decelerating, the property crisis deepening, consumers are downbeat, exports are struggling and more than one in five young people are out of work. But where President Joe Biden is … Read more
Stock Market Today: Dow, S&P Live Updates for August 15
The Circuit Hosted by high-profile journalist Emily Chang, The Circuit is a fast-paced, dynamic series that lives at the intersection of culture, tech, entertainment, and business. Every week, Chang will go on location to meet the world’s most fascinating founders, influencers, and innovators, conducting intimate interviews and bringing audiences behind the scenes of the most … Read more
China Mpox Cases Surge as Virus Spreads to More Parts of Country
China’s confirmed cases of Mpox rose nearly five-fold in July to a new high, even as government efforts to contain the infectious disease’s spread ramp up. Last month’s case count was 491, versus 106Bloomberg Terminal in June, according to a statementBloomberg Terminal from the Chinese Center for Disease Control and Prevention. All patients were male … Read more
The US Lures Top Companies from Allies with 'Made In The USA … – Bloomberg
The US Lures Top Companies from Allies with ‘Made In The USA … Bloomberg Source link