Archive List for economy

UPS driver strike looms: Impact on U.S. economy

#yahoofinance #ups #driver #strike #economy UPS ended labor negotiations with Teamsters on Wednesday, as we move closer to the contract deadline on July 31. Yahoo Finance Legal Reporter Alexis Keenan breaks down the economic impact of the potential strike. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize […]

Jobs data in a ‘Goldilocks scenario’ ahead of future rate hikes: Economist

#yahoofinance #economy #fed #fedratehike U.S. consumers are seemingly saving more than spending ahead of this week’s jobs report. BMO Senior Economist Jennifer Lee details the state of the consumer and how Fed interest rate hikes could impact future spending. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize […]

Is China’s slow recovery a threat to U.S. growth?

#yahoofinance #gdp #china #economy Chinese stock futures trend lower this morning as the nation reports slowing economic growth. Could this impede the United States’ own growth outlook? Yelena Shulyatyeva, BNP Paribas Senior U.S. Economist, and Invesco Global Market Strategist Brian Levitt join Yahoo Finance Live to discuss U.S. economic headwinds, including future Fed tightening and competition with China. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to […]

Soaring prices in Zimbabwe: Shoppers turn to informal traders to save money

The cost of living in Zimbabwe is going from bad to worse. The inflation rate doubled in June to 176 percent. With general elections due next month, rising prices are a big concern for voters. Al Jazeera’s Haru Mutasa reports from Harare, Zimbabwe. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Zimbabwe #ZimbabweEconomicCrisis #ZimbabweInflation #ZimbabweCostOfLivingCrisis

Economist predicts Fed will raise rates in July, economy will slow in 2nd half of 2023 into 2024,

Vincent Reinhart, Dreyfus and Mellon Chief Economist, joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss the outlook for a recession and rate hikes. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. […]

China’s economy anemic as industrial output and retails sales growth slows

China’s economy showed further signs of weakness in May. Industrial output and retail sales both missed forecasts. Beijing is expected to increase its efforts to boost the economy to try to shore up its post-COVID-19 recovery. Al Jazeera’s Katrina Yu reports from Beijing, China. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #China #economy

Argentina’s economic woes: Annual inflation rate hits 114 percent

Argentina’s annual inflation rate now stands at 114 percent `more than 100 percent. That means the prices of some basic goods have more than doubled in the past 12 months. The numbers from Argentina’s Bureau of Statistics also reveal that four in every ten people have been thrown into poverty. Al Jazeera’s Teresa Bo reports from Florencia Varela in Buenos Aires Province where many must get creative to make ends meet. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: http://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ #Argentina #ArgentinaEconomicCrisis #ArgentinaInflation

How China’s recovery is expected to boost U.S. companies #shorts

Yahoo Finance’s Ines Ferre discusses the impact of China’s recovery on U.S. companies including Starbucks, Disney, and MGM Resorts. The segment is from May 15, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more. To […]

GOP debt ceiling plan would cost 800k jobs, economist testifies #shorts

Mark Zandi, Moody’s Analytics Chief Economist, said that the Limit, Save, Grow Act will cost 800,000 jobs. Zandi testified to the Senate Budget Committee on May 4, 2023. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and […]

First Republic collapse sparks regional bank shares sell-off

The failed US bank First Republic is being acquired by its rival JPMorgan Chase, in a $10.6bn deal. Regulators had taken control of First Republic after a crash in its share price. It is the third US bank failure since March, and there are fears it will not be the last. Al Jazeera’s Kristen Saloomey reports from New York, the United States. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ @AljazeeraEnglish #Aljazeeraenglish #News #UnitedStates #Bankcollapse