President Biden Bites Babies At White House Halloween Event
President Joe Biden’s Halloween event at the White House took an unexpected and slightly bizarre twist this year when he was caught on camera pretending to “bite” the feet of multiple babies.…
Exclusive-Germany expects recession next year as gas crisis bites – sources
By Holger Hansen BERLIN (Reuters) -The German government expects Europe’s largest economy to slide into recession next year, contracting 0.4% as an energy crisis, rising prices and supply bottlenecks take their toll,…
Swedish economy set to grind to a halt as inflation bites
STOCKHOLM (Reuters) – Sweden’s economic growth will grind to a halt next year amid soaring inflation and interest rate rises, casting a pall over households and businesses as they prepare for rough…
Happy Joe’s Brings Oktoberfest to Town with Fall Menu of Bavarian Bites and Delights
Iconic Midwestern pizza brand to offer flavorful German-inspired menu items through Nov. 21 Bettendorf, IA (PRESS RELEASE) Happy Joe’s Pizza & Ice Cream is transporting guests to Germany with the authentic smells…
Reinsurance premiums to rise as inflation bites – ratings agencies
LONDON (Reuters) -Reinsurers are likely to raise premium rates in the next few months, given pressures from inflation, war in Ukraine, climate change and capital market volatility, ratings agency analysts said on…
UK house price surge to end as cost of living crisis bites – Reuters poll
By Jonathan Cable LONDON (Reuters) – The surge in British house prices will come to an end next year as the cost of living crisis and rising borrowing costs put the brakes…
Weber replaces CEO, warns of layoffs as inflation bites into business
(Reuters) – Weber Inc on Monday replaced top boss Chris Scherzinger with an insider and warned that mounting inflationary and supply chain pressures could hit the grill maker’s financials and workforce, sending…
Private equity industry faces ‘perfect storm’ as market turmoil bites
By Emma-Victoria Farr BERLIN – Private equity investors gathered in Berlin at their annual get-together are fretting a season of record buyouts is drawing to a close after a week of market…
Latin America, Caribbean 2022 poverty seen higher as Ukraine war bites: U.N. study
(Reuters) – A United Nations commission has increased its projection for poverty in Latin America and Caribbean for 2022, citing economic disruptions caused by the conflict in Ukraine. Latin America and Dominican…
Analysis: China’s metals traders offload stockpiles as bleak demand outlook bites
By Min Zhang and Gavin Maguire BEIJING/SINGAPORE – China’s army of metal processors and traders has flipped from buyers to sellers amid a sharp downshift in economic activity in the world’s top…
India’s private school aspiration increasingly out of reach as inflation bites
By Manoj Kumar NEW DELHI – Indian financial consultant Waqar Khan has seen his income drop by about a fifth since the coronavirus pandemic began. When his younger son’s private school raised…
U.S. consumer sector braces for slowing demand as inflation bites
By Uday Sampath Kumar (Reuters) – U.S. consumer goods firms, including P&G and Coca-Cola, are preparing for an impending slowdown in demand as runaway inflation fuels a surge in prices of everything…
UK shoppers turn to own-label food as inflation bites, research shows
LONDON – British shoppers are increasingly choosing own-label products to help counter surging inflation, according to research by NielsenIQ that showed overall supermarket spending down on a year ago when COVID lockdown…
Irn-Bru maker won’t rule out more price hikes as inflation bites
By Sinchita Mitra (Reuters) – The maker of Scottish soft drink Irn-Bru will keep prices unchanged for the next six months but won’t rule out future price hikes given Britain’s high inflation,…
BoFA, Citi expect multiple 50-bps Fed hikes this year as inflation bites
LONDON/NEW YORK – Bank of America (BofA) and Citi have joined a small but growing number of top investment banks calling for more aggressive interest rate increases from the U.S. Federal Reserve…
Farm equipment makers cut pre planting season production as U.S. inflation bites
By Bianca Flowers – Howard Dahl stopped taking farm equipment orders from customers as a shortage of parts and labor and escalating inflation threatened profits for his North Dakota-based firm Amity Technology.…
Australian consumer sentiment slips in Feb as inflation bites
SYDNEY – A measure of Australian consumer sentiment fell for a third month in February as higher living costs from petrol to rent undermined finances and overshadowed an easing in coronavirus cases.…
Canada sheds more than 200,000 jobs in January as Omicron bites
By Julie Gordon and Ismail Shakil – The Canadian economy lost more jobs than expected in January, posting its first decline since May 2021 as the Omicron-driven COVID-19 wave peaked, data showed…
Breaking News
