(Bloomberg) — India’s economy appeared to slow rather than accelerate last month, as high-frequency indicators tracked by Bloomberg signaled worsening business and consumption activity. Most Read from Bloomberg Although a dial measuring so-called animal spirits showed activity was steady for a fifth straight month in November, the needle was just […]
economic news recently
Dow Jones Sells Off 300 Points On Key Economic Data; Nvidia Drops On Earnings Miss
The Dow Jones Industrial Average briefly dropped 300 points Thursday morning after early releases of first-time jobless claims, housing data and the Philadelphia Fed manufacturing index. Nvidia earnings missed estimates, as NVDA shares fell around 2%. X The Labor Department’s initial unemployment claims fell to 222,000 vs. 225,000 in the […]
Miami icon spotlights our economic divide Achilles’ heel
Written by Michael Lewis on November 1, 2022 Advertisement In his latest service, a dinner to honor digital legend Manny Medina began with praise by many but ended with Mr. Medina warning that we are ignoring Miami’s elephant in the room. That elephant is not the digital divide that he […]
Pound seesaws as Rishi Sunak prepares to confront economic challenges
London CNN Business — Rishi Sunak, Britain’s third prime minister in seven weeks, will face the huge challenge of projecting stability after a period of historic political and financial market chaos. But his other task — shepherding the country through a recession — is poised to be just as daunting. […]
Global Tremors, Jobs Numbers to Dominate Markets and the Economy as Fourth Quarter Begins | Economy
The first working week of the fourth quarter brings a mound of trepidation for the markets and global economy. The third quarter ended on a sour note, with the U.S. market off nearly 25% for the year, as measured by the S&P 500. Globally, new British Prime Minister Liz Truss […]