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Tesla’s record delivery streak could hit the end of the road

  • Post published:July 1, 2022
  • Post category:Business
  • Reading time:8 mins read

Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany March 22, 2022. Patrick Pleul/Pool via REUTERSJoin now for FREE…

Continue ReadingTesla’s record delivery streak could hit the end of the road

The S&P 500 closes the book on its biggest first-half plunge since 1970

  • Post published:June 30, 2022
  • Post category:Business
  • Reading time:8 mins read

A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., June 22, 2022. REUTERS/Brendan McDermidJoin now for FREE unlimited access to Reuters.comRegisterNEW YORK,…

Continue ReadingThe S&P 500 closes the book on its biggest first-half plunge since 1970

Fed’s Powell says clock is ticking to lower inflation

  • Post published:June 30, 2022
  • Post category:Economy
  • Reading time:7 mins read

U.S. Federal Reserve Board Chairman Jerome Powell testifies before a House Financial Services Committee hearing in Washington, U.S., June 23, 2022. REUTERS/Mary F. CalvertJoin now for FREE unlimited access to…

Continue ReadingFed’s Powell says clock is ticking to lower inflation

EXCLUSIVE ECB to channel liquidity from north to south in bid to cap spreads – sources

  • Post published:June 30, 2022
  • Post category:Business
  • Reading time:8 mins read

The logo of the European Central Bank (ECB) in Frankfurt, Germany, January 23, 2020. REUTERS/Ralph OrlowskiJoin now for FREE unlimited access to Reuters.comRegisterECB to reinvest PEPP proceeds where spreads have…

Continue ReadingEXCLUSIVE ECB to channel liquidity from north to south in bid to cap spreads – sources

US consumer spending and slowing core inflation in May

  • Post published:June 30, 2022
  • Post category:Business
  • Reading time:10 mins read

Consumer spending increases by 0.2% in MayInflation-adjusted consumer spending falls 0.4%The Core PCE price index increases by 0.3%; up 4.7% year-on-yearWeekly jobless claims fall by 2,000 to 231,000WASHINGTON, June 30…

Continue ReadingUS consumer spending and slowing core inflation in May

BOJ PR crisis forces rethink on inflation messaging

  • Post published:June 30, 2022
  • Post category:Economy
  • Reading time:15 mins read

TOKYO, June 30 (Reuters) - Japan's central bank has descended into a rare public relations storm that has taken the debate over its ultra-low interest rates out of sterile boardrooms…

Continue ReadingBOJ PR crisis forces rethink on inflation messaging

Japan’s worst fall in industrial production in two years puts pressure on economy

  • Post published:June 30, 2022
  • Post category:Economy
  • Reading time:7 mins read

Smoke rises from a factory at sunset at the Keihin industrial area in Kawasaki, Japan January 16, 2017. REUTERS/Toru Hanai/Join now for FREE unlimited access to Reuters.comRegisterMay production fell 7.2%…

Continue ReadingJapan’s worst fall in industrial production in two years puts pressure on economy

H1 markets: The almost perfect storm

  • Post published:June 30, 2022
  • Post category:Economy
  • Reading time:12 mins read

MSCI global stocks fell the most in the first half since the index was createdDeutsche Bank estimates worst for Treasuries since 1788Commodity bulls lifted oil 50% and gas 60%Yen Takes…

Continue ReadingH1 markets: The almost perfect storm

China’s factory and service sectors shake off 3 months of lockdown pain

  • Post published:June 30, 2022
  • Post category:Economy
  • Reading time:11 mins read

A worker polishes a bicycle steel rim at a sports equipment manufacturing factory in Hangzhou, Zhejiang province, China September 2, 2019. China Daily via REUTERS Join now for FREE unlimited…

Continue ReadingChina’s factory and service sectors shake off 3 months of lockdown pain

The US economy contracts in the first quarter; bleak outlook as unsold stock piles up

  • Post published:June 29, 2022
  • Post category:Economy
  • Reading time:10 mins read

GDP in the first quarter fell by 1.6%Consumer spending growth has slowed; lifted stocksBusiness capital expenditure revised upwardsWASHINGTON, June 29 (Reuters) - The U.S. economy contracted slightly more than expected…

Continue ReadingThe US economy contracts in the first quarter; bleak outlook as unsold stock piles up
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