P&G's price hikes may continue as the company faces cost pressures on several fronts.
Jul 31, 2023
A stronger-than-expected U.S. GDP report and robust durable goods sales shook off fears of an impending recession, aiding the positive sentiment about corporate earnings.
Jul 28, 2023
An aggressive pricing strategy that helped Chipotle Mexican Grill shift the cost of inflation to its customers last year is beginning to cool off the company's robust growth.
Jul 27, 2023
The chances for another hike have been rising thanks to a robust labor market, something the Fed monitors closely in determining the direction of the nation's monetary policy.
Jul 24, 2023
The streaming giant added close to 6 million subscribers and a solid revenue of $8.19 billion, up from $7.97 billion a year ago. In addition, it hiked its free-cash-flow estimates.
Jul 20, 2023
China's deflation will soon be exported to the rest of the world, as the country is the world's largest factory, making it a price-maker.
Jul 18, 2023
Last Friday, Citigroup, JP Morgan and Wells Fargo reported better earnings than the previous quarter.
Jul 17, 2023
The Hong Kong government was quick to blame the pandemic for the city's drop in international competitiveness.
However, the cause must be searched in factors like the national security law Beijing imposed to suppress the pro-democracy movement and exercise control over the semi-autonomous region of Hong Kong.
Jul 14, 2023
Wednesday's data showed inflation is at its lowest since early 2021, but it remains a "core" issue for the US economy.
Jul 12, 2023
Zimbabwe's inflation was running at an annual rate of 176% in June, while interest rates stand at 150%. That makes experts skeptical about the rally in Zimbabwe's equities, warning investors of the potential risks.
Jul 11, 2023
The labor market's resilience supports expectations for a hawkish Fed, meaning Wall Street is in for higher interest rates for extended periods.
Jul 10, 2023
That isn't the first time the Japanese economy has shown signs of life. These signs appeared several times over the last three decades but eventually faded, pushing the world's third-largest economy from one swamp of stagnation to another.
Jul 07, 2023
Unlike Starbucks, which strives to keep its employees from unionizing, Espresso House has a labor union representing its 7000 employees.
Jul 05, 2023
The consensus forecast among economists is that the U.S economy added 250,000 jobs in June, down from 339,000 in May.
Jul 03, 2023
Since the Great Recession, China's annual GDP growth has slowed, from around 14% in 2007 to about 4.5% recently, below the official targets. China's economic slowdown is partly a numbers game. High growth numbers are harder to sustain as economies grow in size.
Jun 30, 2023
AI systems will ease labor shortages, raise productivity, and fuel supply-side growth, solving the inflation problem.
Jun 28, 2023
By 2023, the U.S. dropped to the 9th position on the IMD's World Competitiveness Ranking, while Denmark made it to the top of the list.
Jun 26, 2023
The radical differences in how Beijing and Washington perceive the new geopolitical landscape are most pronounced in the South China Sea.
Jun 23, 2023
In its regular June meeting last week, the Fed sent a clear and loud message to markets: Fighting inflation isn't done. Interest rate hikes will continue for the rest of the year until inflation reaches the official goal of 2%.
Jun 19, 2023
In the last decade, China's role as the factory of the world has been undermined by several factors, including the rising of the country's labor costs due to the Lewis point, the rising geopolitical tensions between China and the U.S. and its allies over several issues and the flaring tech war.
Jun 16, 2023
In its regular June policy meeting on Wednesday, the FOMC left interest rates unchanged. Nonetheless, it reaffirmed that price stability remained its top priority goal and that it would do whatever it takes to reach it.
Jun 15, 2023
U.S., Greek and Japanese equities have lead the way to a recent rebound in global markets.
Jun 13, 2023
That's a new dilemma the nation's bank is facing as the U.S. economy has moved closer to its dual pursuit of maximum employment and steady prices.
Jun 12, 2023
The spread of AI will bring a revolution in the workplace, which could reverse decades-long trends that have shaped the global division of labor.
Jun 08, 2023
Wall Street is starting to cool off to Salesforce's business strategy.
Jun 01, 2023
Fresh off its $1 trillion valuation, Nvidia is beginning to look a lot like Tesla's stock a few years ago for hungry investors.
May 31, 2023
Europe still needs to adjust its policies to the new realities including the re-rise of China, which looks outward for its growth and prosperity this time around.
May 30, 2023
The average Chinese citizen is much better off today than four decades ago when the country's economy was mired in stagnation.
May 29, 2023
Greek equities got a boost from the continued decline in the country's sovereign debt yields, which have dipped below 4% in recent weeks.
May 24, 2023
AI systems will take the fast-food sector by storm, replacing workers from one task to another, taking orders from customers, placing orders for suppliers, and processing payments.
May 18, 2023