Following another big rate hike by the Fed last week, inflation showed signs of cooling in October, as prices rose 0.4 percent compared to September and 7.7 percent compared to October 2021. While that’s still higher than anything seen in the past 40 y…
While several midterm races were still too close to call on Wednesday morning, many stock market investors will just be glad it’s over so they can move on to greener pastures. After all, the stock market has a history of underperforming in years leadin…
When the U.S. Bureau of Economic Analysis released its first estimate of third-quarter GDP at the end of last month, consumer spending, by far the largest component of the gross domestic product, once again proved to be surprisingly resilient in the fa…
Chinese exports have stayed below expectations for October, stoking worries that a global slowdown might be underway as inflation is cutting demand in countries that are major buyers of Chinese goods, for example in the U.S. or in Europe. Analysts had …
Europe has a tough winter ahead. Without Russian natural gas, the bloc has a shortage of energy. This has ratcheted up heating bills, and as we’ve already seen, it’s households bearing the brunt of the costs. In the UK alone, one in three households ar…
The number of job openings in the United States surprisingly crept back up in September, signaling that the labor market remains hotter than anticipated despite the Fed’s aggressive efforts to cool it. At the same time, the number of unemployed persons…
Factory activity around the world is slowing, signalling a lagging economy. Manufacturing powerhouses in Asia, like Taiwan and South Korea, saw some of the biggest declines – not a good sign given their status as bellwethers of global economic health.I…
Eight in ten U.S. voters would say that the economy is a very important factor when it comes to deciding who to vote for in the 2022 midterm elections, according to a poll by Morning Consult. The issue has remained an important topic for around 80 perc…
Holiday Inn – a household name in the U.S. and beyond – is the best-know hotel chain among Americans, according to the Statista Global Consumer Survey. The brand which is often referenced in pop culture and has etched itself into the brains of many wit…
Even before the outbreak of war in Ukraine and subsequent energy crisis in Europe, Germany’s Federal Statistics Office estimated that 2.6 million people in the country could not adequately heat their homes in 2021, for financial reasons. People living …
