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How to avoid a world where geopolitics trumps all else – South China Morning Post

How to avoid a world where geopolitics trumps all else South China Morning Post Read more…

Opinion: Revving up worker training is vital to a more-robust economy

The U.S. economy has staged a remarkable recovery from COVID shutdowns but needs better job training for front-line workers to accomplish robust growth. The economy is still firing below potential because despite the abundance of job openings, several million adults who quit the labor force during the pandemic have not returned. Help-wanted signs abound in the […]

Local Realtors Provide Economic Outlook

David Kim, Jagdeep Singh Bachher, and Gene Deering Hundreds of local business people attended UCSB Economic Forecast Project’s 2022 South County Economic Summit on Wednesday, May 4, at the Granada Theater. The annual event, held in person for the first time since 2019, featured five speakers providing context to current real estate, labor, and financial […]

Dollar mixed | WTOP News

The U.S. dollar is mixed against other North American currencies in New York trading. It’s worth 1.30 Canadian dollars, unchanged… The U.S. dollar is mixed against other North American currencies in New York trading. It’s worth 1.30 Canadian dollars, unchanged from late Monday. And the dollar is trading at 20.37 Mexican pesos, up from late […]

Growth in US manufacturing slows as economy loses momentum

© Andrii Yalanskyi | By Ian Putzger, Americas correspondent 10/05/2022 The US economy is losing momentum as it struggles against headwinds. The latest numbers on the manufacturing sector show a broad decline in momentum – although it remains in growth mode, unlike the economy overall. US GDP shrank 1.4% year on year in the first […]

Stock Market Live: Sensex Up, Nifty Above 16300; Auto, Fmcg Gain, Metals Drag

China’s woes, a global wave of monetary tightening and the war in Ukraine are casting a pall over the world economy. In a semi-annual report, the Fed warned of deteriorating liquidity conditions across key financial markets. 10 May 2022, 12:12:44 PM IST Oil drops as economic worries, strong dollar weigh Oil prices dropped more than […]

Instagram Eyes Creator Economy With NFT Rollout

Don’t miss CoinDesk’s Consensus 2022, the must-attend crypto & blockchain festival experience of the year in Austin, TX this June 9-12. Instagram’s NFT pilot is the first play in a creator monetization strategy that’s still taking shape. Shortly after unveiling its “Digital Collectibles” product Monday, the Meta-owned social media platform signaled its interest in turning […]

Big travel company CEOs hope market turmoil won’t derail summer rebound

As economic pundits raise fears about a recession, the most powerful names in travel and hospitality are pushing back, pointing to bookings that illustrate a positive picture of the American consumer. “We think this summer is going to be gangbusters for travel,” Marriott CEO Tony Capuano told last week. Marriott saw an 81% rise in […]

US Futures Fall, While Dollar Hits 20-Year Highs

Global shares slid for a third day on Monday, as investors grew increasingly twitchy about the outlook for the economy. Friday’s US jobs data served to reinforce expectations for the Federal Reserve to rapidly raise rates. The dollar hit its highest since 2002, while crude oil eased in the face of a darker demand outlook […]

How to Make Sense of the Weird U.S. Economy

May 9 at 9:00 AM Failed to save article Please try again Person Putting Coin In Piggy Bank At Table (Thana Prasongsin via Getty Images) Guests: Jerry Nickelsburg, adjunct professor of economics, UCLA’s Anderson School of Management; director and senior economist, UCLA Anderson Forecast. Tara Sinclair, professor of economics and international affairs, George Washington University. Abha […]