David Stockman: America’s spasmodic economy
Sharing is Caring! by David Stockman on David Stockman’s Contra Corner: The Biden Administration’s utterly ridiculous plan to enact a three-month holiday from the 18.4 cents per gallon Federal gas…
Report: video gaming revenue in China fell for a third consecutive month in May, declining 6.7% YoY to $3.4B, amid a slowing economy and regulatory uncertainty
Recommended Newsletters The Daily Crunch The biggest technology headlines of the day from TechCrunch, delivered to your inbox for free. The New Consumer— by Dan Frommer A publication about how…
Report: video gaming revenue in China fell for a third consecutive month in May, declining 6.7% YoY to $3.4B, amid a slowing economy and regulatory uncertainty
Recommended Newsletters The Daily Crunch The biggest technology headlines of the day from TechCrunch, delivered to your inbox for free. The New Consumer— by Dan Frommer A publication about how…
Disney is seeing ‘resilient’ theme-park attendance despite turbulent economy, says analyst
In the face of turbulent economic times, Walt Disney Co.’s theme-park business could still see some magic. Bank of America’s Jessica Reif Ehrlich wrote Thursday that attendance at Disney DIS,…
Watch Jerome Powell testify to Congress on the economy and how the Fed plans to fight inflation
Federal Reserve Chair Jerome Powell on Thursday concluded two days of testimony in front of Congress, speaking in front of House members.
Economy slows sharply due to high inflation and rising interest rates, S&P finds
The numbers: U.S. businesses suffered a sharp slowdown in growth in June, a pair of surveys showed, as high inflation forced customers to cut back on orders and rising interest…
Here’s what China’s e-commerce giants are telling us about the economy
Growth in online sales is slowing, while new players eat away at Alibaba’s market share, data show.
Sri Lanka PM says economy ‘has collapsed,’ unable to buy oil
Sharing is Caring! abcnews.go.com/International/wireStory/sri-lanka-pm-economy-collapsed-unable-buy-oil-85551129 Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, its prime minister told lawmakers Wednesday, in comments underscoring the country’s…
The U.S. housing market is teetering on recession. Will the economy soon follow?
The last time the housing market suffered a major meltdown in 2006, it took the entire U.S. economy with it. But history never follows the exact same script twice. The…
Watch Powell’s testimony to Congress on the Fed’s inflation fight, state of the economy
Federal Reserve Chair Jerome Powell on Wednesday began two days of testimony in front of Congress.