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  • Russia’s war economy isn’t as resilient as reports would have you believe
    Finance News

    Russia’s war economy isn’t as resilient as reports would have you believe

    April 16, 2023 /

    Happy Friday, team. I’m Phil Rosen. This 7 days we’ve observed a storm of economic data in the US. The alphabet soup of readings — CPI, PPI, and jobless statements — all place to cooling inflation and a softening labor current market. In theory, that’s excellent news for the Fed, mainly because it suggests its coverage is doing work. Must the central lender decide to make one last amount hike in Might, it could be like a greenlight for bulls. The S&P 500 surged 35{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} immediately after the final rate hike in 1995, and 28{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in the yr soon after the 2018 cycle’s previous go. But don’t just take those…

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    Francis McGee Comments Off on Russia’s war economy isn’t as resilient as reports would have you believe

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    Stocks fall as volatile month comes to close

    Stocks fall as volatile month comes to close

    March 1, 2023
    Owe the IRS? Here are 4 ways to pay your tax bill

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    April 21, 2023
    Fox’s settlement with Dominion unlikely to cost it $787.5M

    Fox’s settlement with Dominion unlikely to cost it $787.5M

    April 24, 2023
  • As Parts of Egyptian Economy Face Crisis, Others Appear More Resilient
    Economy News

    As Parts of Egyptian Economy Face Crisis, Others Appear More Resilient

    March 7, 2023 /

    cairo —  As the Egyptian economic system struggles towards adverse headwinds from many directions, some sectors look to be executing perfectly. Normal Egyptians are shopping for reduced-conclusion goods as their paying for power is eroded by inflation and the outcomes of Egypt’s weakening currency on the costs of imported goods. President Abdel Fattah el Sisi told a gathering of worldwide leaders various months ago that the Russia-Ukraine conflict was critically affecting Egypt’s financial state. Egypt purchases most of its grain from Russia and Ukraine and the selling price of importing wheat for a inhabitants of additional than 100 million men and women has long gone up significantly. David Butter, an…

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    Francis McGee Comments Off on As Parts of Egyptian Economy Face Crisis, Others Appear More Resilient

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    Slowing Inflation, Resilient Consumers Bolster Optimism on the Economy | Economy

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    December 6, 2022
    Economy Looms Large Over Brazil’s Elections

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    September 28, 2022
    As its economy teeters, Pakistan tells city dwellers their late-night shopping and dining habits must end

    As its economy teeters, Pakistan tells city dwellers their late-night shopping and dining habits must end

    January 6, 2023
  • GM strives for resilient EV battery supply chain
    Automotive

    GM strives for resilient EV battery supply chain

    December 9, 2022 /

    DETROIT — General Motors is working to build a resilient battery supply chain as it moves into the next phase of electric vehicle development, drawing on lessons learned during the ongoing semiconductor shortage, CEO Mary Barra said Thursday. The automaker wants battery suppliers, many of which are new to working with GM, to source from multiple locations as it begins to secure materials for EV production starting in 2026, Barra said at an Automotive Press Association event in Detroit. GM learned from its approach to securing microchips for future production so the company is not as reliant on any one factory, she said. Adding redundancy in the supply chain would…

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    A Real Close Look at the Fake Cars of 2022

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    January 1, 2023
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    September 28, 2022
    Auto execs less confident in EV adoption amid economic fears: KPMG

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    December 21, 2022
  • Slowing Inflation, Resilient Consumers Bolster Optimism on the Economy | Economy
    Economy News

    Slowing Inflation, Resilient Consumers Bolster Optimism on the Economy | Economy

    December 6, 2022 /

    If very last 7 days confirmed something about the U.S. economic system, it is that client inflation has most likely peaked and is on its way down. This week will show no matter whether that ongoing for wholesale inflation in November and how it is influencing shopper sentiment. The value of oil, meanwhile, has fallen 30{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} about the past 6 months, although utilised automobile rates have tumbled and rents have begun stabilizing or even slipping in some of the most overheated marketplaces, according to Zumper. Nationally, the median rent for a two-bed room condominium fell by .4{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} in November. “We’re observing pandemic trends commence to unwind, and unwind rapidly, as…

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