How COVID transformed US consumer spending habits
Consumers in developed countries spent excessively on appliances, automobiles, and furniture....
Category : Economy
Why US investors are worried about a recession
US economy shrank in the first quarter of 2022, but the market correction offers some respite....
Foreign investors are fearing to invest in China’s real estate market
It is because of China’s serious decline in the economy because of Xi Jinping’s obstinate zero-covid policy....
J&J partner Aspen gets zero orders for vaccination due to a lack of demand
Aspen hasn't got a single order for their branded version of the J&J injection due to a lack of demand — even in Africa....
Job vacancies take over unemployment in UK
Between the months of January and March, the jobless rate decreased to 3.7%, which has been the lowest in over 50 years....
Iran’s overall economy PMI plunges to a 23-month low
Iran’s PMI score stood at 37.49. PMI score of 50 and above indicates economic expansion, below 50 indicates at economic contraction....
US inflation rate slows to 8.3% in April
Core CPI rate of inflation preferred by the Fed rises by a higher than expected 0.6%....
Can Brazil help with food shortages globally?
Brazil predicted to produce 285 million tonnes of grain in 2022....