Tag Archives: economic indicators

[ad_1] Minneapolis CNN  —  For a year that held promise of a return to normalcy, 2022 threw plenty of curve balls at the American consumer. Supply chains remained in disarray as ongoing snarls were drastically worsened by lockdowns in China and Russia’s invasion of Ukraine, average US gas prices shot …

[ad_1] New York CNN Business  —  Several grocery items have gotten more expensive this year. But nothing comes close to the rise in egg prices. In the year through November, not adjusted for seasonal swings, egg prices jumped 49%, according to data from the Bureau of Labor Statistics. Since early …

[ad_1] Hong Kong CNN  —  China’s gross domestic product (GDP) for 2021 was over half a trillion yuan more than initially calculated, official data revealed Tuesday. The update comes at a time the world’s second-largest economy faces severe strain from an unprecedented wave of Covid infections sweeping the country. The …

[ad_1] New York CNN  —  Investors saw a lot of red in 2022. But a company known for its magenta logo was a stock market darling this year. Shares of T-Mobile (TMUS) rose about 20% in 2022, even as rivals AT&T (T) and Verizon (VZ) tumbled. Ma Bell was down …

[ad_1] London CNN  —  In a community center in central London, a young child plays in a makeshift area as her caregiver rocks her stroller and chats to a friend. The Oasis Centre in Waterloo sits in a four-story building that has a warm, inviting feeling, with plush chairs and …

[ad_1] London CNN  —  It’s been two years since former Prime Minister Boris Johnson signed his Brexit trade deal and triumphantly declared that Britain would be “prosperous, dynamic and contented” after completing its exit from the European Union. The Brexit deal would enable UK companies to “do even more business” …

[ad_1] Washington, DC CNN  —  New home sales were up in November from the month before, even as prices remained elevated and buyers faced some of the highest mortgage rates of the year. Sales of newly constructed homes rose 5.8% in November from October, but were down 15.3% from a …

[ad_1] CNN  —  As Wall Street and Main Street fret about a potential recession, White House officials are projecting confidence about the economy’s ability to weather the storm in 2023. “We’re feeling cautiously optimistic because we are starting to see some real concrete measurable signs of progress,” Aviva Aron-Dine, deputy …

[ad_1] Japan’s core consumer inflation hit a fresh four-decade high as companies continued to pass on rising costs to households, data showed, a sign price hikes were broadening and could keep the central bank under pressure to whittle down massive stimulus. Months before Tuesday’s surprise tweak to its yield control …

[ad_1] New York CNN  —  America’s economy grew much faster than previously thought in the third quarter, a sign that the Federal Reserve’s battle to cool the economy to fight inflation t is having only limited impact. The Commerce Department’s final reading Thursday morning showed gross domestic product, the broadest …