A moment’s reflection finds that the outcome of next month’s election is highly unlikely to have any immediate impact on…
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Getty Images Gross domestic product rose by 4.6% on a yearly basis, below the government’s “around 5%” annual target China’s…
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Coal-fired power is still enjoying a construction boom in China, but a marked slowdown in the permitting of future plants…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2164308699-dc9c7179de8948c4ba316f8dd1362296.jpg?w=780&resize=780,470&ssl=1 "Consumer Borrowing Points to Spending Slowdown")
Key Takeaways Consumer credit increased by $8.9 billion in June, less than economists expected. Credit card borrowing dropped by the…
Read More »:max_bytes(150000):strip_icc()/GettyImages-2115797331-cd5d4ec93bdd42b89ce13af797c9dab1.jpg?w=780&resize=780,470&ssl=1 "Fed’s Daly Says Central Bank Must Ensure Labor Slowdown Doesn’t Become Downturn")
Key Takeaways San Francisco Fed President Mary Daly said that the labor market is in a slowdown and that interest…
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At Inman Connect Las Vegas, July 30-Aug. 1 2024, the noise and misinformation will be banished, all your big questions…
Read More »:max_bytes(150000):strip_icc()/INV_ChinaStockBoard_GettyImages-1364316860-7de786ae1f5c4d279f891a7a351b7322.jpg?w=780&resize=780,470&ssl=1 "China’s Growth Slowdown Hits China-Focused ETFs and Stocks")
Key Takeaways China’s latest gross domestic product data, released Monday, missed analysts’ expectations by a wide mark, leading to losses…
Read More »:max_bytes(150000):strip_icc()/GettyImages-1808129075-96809d6d0e524ac9aa3cda4482154f18.jpg?w=780&resize=780,470&ssl=1 "Will Gas Prices Continue to Drive an Inflation Slowdown?")
KEY TAKEAWAYS Easing gas prices fueled the drop in consumer prices in June, according to new inflation numbers Thursday. That…
Read More »:max_bytes(150000):strip_icc()/GettyImages-1862377402-9c4327effbea4f22bae4bb683d86793a.jpg?w=780&resize=780,470&ssl=1 "Deckers Outdoor Stock Slips Amid Sales Slowdown")
Key Takeaways The S&P 500 added 1% on Wednesday, July 10, 2024, posting its sixth straight record close as Fed…
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