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Japan’s economy slumps back into decline as COVID-19 hits spending
Japan’s economy shrank more than expected in the first quarter as a slow vaccine rollout and new COVID-19 infections hit spending on items such as dining out and clothes, raising concerns the country will lag others emerging from the pandemic......»»
Employment / Inflation Quiz
This morning I went off on a bit of a digression about McDonalds raising wages and how that manifests across the economy. They have come a long ways from back when they were having taxpayers subsid.....»»
10 Things in Politics: Anti-Trump Republicans threaten spinoff 3rd party
And the Colonial pipeline is slowly restarting operations. Good morning! Welcome back to 10 Things in.....»»
Market Extra: Inflation is climbing, but it isn’t blasting past its 30-year range — yet
Prices consumers are paying for goods and services are climbing to post-recession highs, causing households and Wall Street anxiety just as the economy roars back with the lifting of pandemic restrictions. Here's when markets might really worry......»»
"We are powering up": Local business, civic leaders outline the road back from Covid-19 for Charlotte"s economy
Panel discussions organized by Capital Analytics Associates gave local leaders a forum to discuss what they've learned from the pandemic and what's next......»»
April"s terrible jobs report shows the 2019 economy is not coming back and that"s a problem
Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»
April"s dismal jobs report shows the 2019 economy is not coming back and that"s a problem
Only 266,000 jobs were added last month but the US needs much more. It shows consumer spending and the work force won't align in the reshaped economy. The US is reopening to a reshaped economy where consumer spending is recovering faste.....»»
Bond Report: 10-year Treasury yield falls below 1.50% on weak U.S. jobs report, then bounces back
U.S. Treasury yields were bouncing off their lows on Friday after a jobs report came in well below expectations, drawing puzzlement from analysts who had predicted the U.S. economy would add a million new jobs in April......»»
Economic Report: ‘Crazy’ prices and rampant shortages frustrate U.S manufacturers, ISM shows
Soaring prices and widespread shortages of parts, materials and labor threaten to undercut fast-growing American manufacturers and throw up a roadblock to a U.S. economy still recovering from the coronavirus, a new ISM survey shows......»»
Economic Preview: Jobs are coming back as the U.S. economy speeds up and the coronavirus wanes
Consumers flush with stimulus money are spending like mad and businesses are rushing to keep up by pumping out more goods and services. So don't be shocked if the U.S. adds millions of new jobs in the next several months......»»
: With advertising spending back, here’s why WPP is an economic-recovery play
WPP is viewed as a bellwether for the health of the global economy, because marketing budgets are typically the first on the chopping block in tough times and the first to benefit when business picks up......»»
: Goldman Sachs thinks the U.K. economy will grow faster than the U.S. — here’s why
Early indications show the country is bouncing back faster than expected due to its COVID-19 vaccine rollout......»»
3 charts show how the US economy roared back to life in April
Fresh stimulus and gradual reopening had a positive effect on the economy, but UBS f.....»»
AT&T"s revenue rises as wireless unit, HBO add customers
AT&T reported a first-quarter profit of about $7.5 billion, up from $4.6 billion a year earlier, showing a focus on growth as the economy starts to bounce back from the effects of the pandemic......»»
Jobless claims hit back-to-back pandemic lows as recovery strengthens
The lower-than-expected tally fueled hopes that the economy was rebounding as vaccinations picked up and stimulus continued to reach U.S. households......»»
Wells Fargo earnings jump as economy bounces back
Wells Fargo's sevenfold rise in profits came during what is shaping up to be an economic resurgence. That has prompted banks to release some of the money they stowed away last year to protect against soured loans, which has boosted their bottom lines......»»
: Will China’s new digital yuan threaten King Dollar’s reign?
China is the first major economy to issue a blockchain-enabled, digital version of its currency, the yuan, and this development has some in Washington worried that the U.S. dollar's status as the global reserve currency is under threat......»»
Economic Preview: Inflation is back in Wall Street’s crosshairs as the U.S. economy surges again
The regular rundown on wholesale inflation is usually a big yawn on Wall Street. But not right now......»»
Gold futures post back-to-back losses
Gold futures settled lower on Tuesday, with strength in the U.S. dollar and Treasury yields pushing prices down for a second session. "There is a degree of optimism around the vaccination rollout and the restarting of the economy,".....»»
Small Business, Big Mission: Controversial bills could threaten state"s economy, CEO says
Sporting events canceled, economic development deals ditched, conventions relocated. No, this isn’t fallout from the Covid-19 pandemic. It’s backlash to North Carolina’s 2016 transgender “bathroom bill” — and Joe Woolley fears Tennessee could be next......»»