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China’s economic recovery is flashing some warning signs

China is releasing its latest quarterly economic growth figures on Thursday, offering clues about how the world’s second largest economy is continuing to recover from the coronavirus pandemic. In the first quarter of 2021, China posted record GDP growth of 18.3% compared to a year prior — although that was largely because the country experienced […]

Gold Price Prediction – Prices Rose as the Dollar Slid and U.S. Yields Dropped

Gold prices moved higher on Wednesday following a sharper than expected U.S. PPI report. This large rise in wholesale prices was offset by comments from Jerome Powell, who said that the economy needs to improve more before the central bank changes its accommodative policy. U.S. yields tumbled following the Fed Chairs’ comments. These move-in yields […]

Bank of America profit surges on reserve release, revenue slips

FILE PHOTO: A Bank of America logo is pictured in the Manhattan borough of New York City, New York, U.S., January 30, 2019. REUTERS/Carlo Allegri Bank of America Corp reported a 173% jump in second-quarter profit on Wednesday as it released reserves it had set aside last year at the height of the pandemic, but […]

China GDP: five things to keep an eye on

China’s first-quarter economic surge was primarily a reflection of how hard the world’s second-largest economy was hit by the Covid-19 pandemic early last year, rather than the strength of its recovery. While gross domestic product grew more than 18 per cent year on year between January and March, its increase over the final quarter of […]

Report highlights economic impact of planned Amazon warehouse in Council Bluffs

COUNCIL BLUFFS, Iowa (KMTV) – Advanced Southwest Iowa released a report on Tuesday highlighting the economic impacts of the recently announced Amazon warehouse in Council Bluffs. According to the report, during the year of construction, economic activity will support 127 construction jobs and an additional 34 jobs in the community. Once the site is fully […]

The surging delta variant brings new uncertainty to the economic recovery, experts warn

Traders at the New York Stock Exchange. Source: NYSE LONDON — The rapid spread of the delta Covid-19 variant has clouded the growth outlook, strategists are warning, but it’s too soon to tell whether markets will weather the storm. France, the Netherlands and Spain all announced new restrictions on Monday in a bid to curb […]

Dollar stays tight, building up strength for breakout

Moderately positive stock market dynamics yesterday was combined with a slight 0.1% increase in the dollar index to 92.2 after two days of decline from 92.8. The Dollar Index is now near the upper end of the converging trading range since last October. Also, a pullback is forming on the daily charts after touching the […]

Cuba arrests activists as government blames unrest on U.S. interference

Cuba’s President Miguel Diaz-Canel talks to the media, in San Antonio de los Banos, Cuba July 11, 2021. REUTERS/Alexandre Meneghini Streets quiet after unusual protests at weekend At least 100 arrested – rights group Cuban government blames U.S. for sanctions, backing opposition U.S. stands with Cuban people, says Biden HAVANA, July 12 (Reuters) – Cuba […]

Cuba protests: Thousands rally against government as economy struggles – BBC News

Cuba protests: Thousands rally against government as economy struggles BBC News Read more…

Parson’s Numbers Touting Missouri’s Economy Have Mixed Value, Experts Say

Missouri Gov. Mike Parson often repeats some numbers designed to promote Missouri’s economy as healthy and vibrant. But not all of those numbers have the same level of reliability, experts say. “We’re now seventh in the United States of people wanting to come to our state. We’re in the top 10 for businesses wanting to […]