UK GDP Grew in 2Q
The U.K. economy grew in the second quarter after the easing of some coronavirus restrictions. Gross domestic product expanded 4.8%
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‘Shocking’ inflation numbers will fall back to earth and hurt reopening trades, economist David Rosenberg predicts
Economist David Rosenberg believes the bond market is getting inflation right and yields shouldn’t trade at higher levels. His reasoning:
Περισσότερα...Smartphone market could see biggest growth in six years amid 5G boom
The global smartphone market could see its fastest growth since 2015 as a proliferation of more affordable 5G devices helps
Περισσότερα...Inflation scare? The stocks that perform best and worst when prices rise
What some analysts have dubbed the biggest inflation scare in 40 years has arrived, sending stock-market investors back to the
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Brexit: Free trade deal with Australia could endanger livelihoods in UK, farming groups warn
The UK is seeking to strike a free trade deal with Australia, which would remove tariffs on imported Australian produce.
Περισσότερα...The Grocery Price Shock Is Coming to a Store Near You
Corn, wheat, soybeans, vegetable oils: A small handful of commodities form the backbone of much of the world’s diet and
Περισσότερα...Is the U.S. housing market heading for a crash? Here’s what the experts say
The housing market is hot — but is it too hot? That’s the question a lot of Americans appear to
Περισσότερα...Funds Betting on a Consumer Boom to Rival ‘Roaring Twenties’
Some of the world’s top money managers are betting on a post-pandemic spending boom that will boost real-world companies as
Περισσότερα...Japan downgrades fourth-quarter GDP as companies scale back spending
Japan’s economy expanded at a slower-than-initially-reported pace in October-December, with firms tightening spending on plant and equipment as the coronavirus
Περισσότερα...Wine importer applauds US-EU tariff ceasefire
The European Union and U.S. on Friday temporarily halted tariffs on array of products including luggage, alcohol, and produce in
Περισσότερα...Texas power regulator rejects request to cut $16 billion in charges during freeze
Texas’ state power regulator on Friday unanimously vetoed a request to cut about $16 billion from state power charges during
Περισσότερα...Fitch analyst: Asia is playing ‘catch up’ to Europe in the electric vehicle market
China is the largest player in Asia’s electric vehicle market — but the region is still lagging behind Europe, according
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