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The Most Important Least-Noticed Economic Event of the Decade

The Most Important Least-Noticed Economic Event of the Decade

by EFSD | Sep 30, 2018 | Economic News

Sometimes the most important economic events announce themselves with huge front-page headlines, stock market collapses and frantic intervention by government officials. Other times, a hard-to-explain confluence of forces has enormous economic implications, yet comes...
Consumer confidence hits 138.4 in September, vs. 132 estimate

Consumer confidence hits 138.4 in September, vs. 132 estimate

by EFSD | Sep 27, 2018 | Economic News

September’s index print is near the all-time high of 144.7 reached in 2000, the Conference Board said Tuesday. “These historically high confidence levels should continue to support healthy consumer spending, and should be welcome news for retailers as they...
Asia stocks, currencies down as US-China tariffs kick in

Asia stocks, currencies down as US-China tariffs kick in

by EFSD | Sep 26, 2018 | Economic News

The U.S.-China trade war was in focus on Monday, with tariffs from both parties going into effect at 12.01 p.m. HK/SIN. The Wall Street Journal reported Friday that China had called off planned trade talks with the U.S. following an escalation in tensions prompted by...
Tariffs will be devastating for retail, trade group executive says

Tariffs will be devastating for retail, trade group executive says

by EFSD | Sep 25, 2018 | Economic News

The new round of tariffs on Chinese goods will have devastating effects for retail and consumers, Rick Helfenbein says. “Prices are going to go up, they are going to stay up, and any downturn in the market will be harder to recover from,” he says. The new...
Why one small business owner says he’s ‘thrilled’ about Trump’s trade war with China and others

Why one small business owner says he’s ‘thrilled’ about Trump’s trade war with China and others

by EFSD | Sep 24, 2018 | Economic News

Drew Greenblatt, who runs Baltimore-based Marlin Steel, is just one of many businesses expected to feel the fallout of higher prices. “We definitely need our president and our nation to protect intellectual property,” he tells CNBC, adding that he sees the...
« Older Entries

Brent crude tops $40 after Biden’s win lifts risk-takers

Environmental protection must be at core of socio-economic development targets: experts

Malaysia’s upcoming budget could test support for its embattled prime minister

Fed wants low profile but may repeat that the economy needs stimulus

The growing U.S. deficit raises questions about funding as China cuts U.S. debt holdings

Oil prices slip 3% as Europe widens lockdowns

Government support ‘essential’ for UK economy, says IMF

Dollar firm as virus’ spread and stimulus stalemate raise caution

IMF says Asia’s economy will shrink more in 2020 than it previously thought

China’s electric car strategy is starting to go global – and the U.S. is lagging behind

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