Morning commute slows across New Jersey due to crashes, delays, and water main breaks
NEWARK, N.J. — Morning commuters across New Jersey are facing heavy delays due to a series of crashes, lane closures, and ongoing congestion, with major roadways experiencing significant backups. Traffic on the…
Beaten-down growth stocks alluring as Fed slows U.S. economy
By David Randall NEW YORK – Some investors are looking for bargains in beaten-down growth and tech stocks, betting they will shine as the Federal Reserve fights to slow the US economy…
Spanish March service activity slows on war uncertainty, trucker strike -PMI
MADRID – Growth in Spain’s services sector slowed in March as uncertainty weighed after Russia invaded Ukraine, truckers went on strike and energy costs climbed, a survey showed on Tuesday. S&P Global’s…
J.P. Morgan drops Apple, Qualcomm from top picks as tech demand slows
(Reuters) – Slowing demand for smartphones is likely to hit growth at Apple and chipmaker Qualcomm, analysts at J.P. Morgan said on Friday as they dropped the companies from the list of…
U.S. manufacturing sector activity slows in March; input prices surge – ISM
WASHINGTON – U.S. manufacturing activity unexpectedly slowed in March as tight supply chains continued to drive input prices higher, but factories boosted hiring, allowing them to reduce the backlog of unfinished work.…
S.Korea factory growth slows in March as output, export orders shrink – PMI
SEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply chain disruptions and inflationary pressures, a private-sector…
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices
Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census Bureau announced…
Britain’s Boohoo to meet earnings guidance as sales growth slows
LONDON -British online fashion retailer Boohoo forecast 2021-22 core earnings in line with reduced guidance as it reported an expected slowdown in revenue growth in its latest quarter. The Manchester, northern England,…
Japan bank lending growth slows to decade-low as pandemic-induced strain eases
By Leika Kihara TOKYO -Japan’s bank lending rose at the slowest increase in a decade in February as immediate pressure for corporates to borrow cash continued to ease amid a broader economic…
Australia’s home price boom slows, Sydney takes a rare dip
By Wayne Cole SYDNEY – Australian home prices extended their long ascent in February, though Sydney saw the first dip in 17 months as a rush of supply, rising mortgage rates and…
UK retail sales growth slows in Feb, price pressures mount – CBI
LONDON – British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to…
Hargreaves’ asset growth, net new business slows; shares fall
By Sinchita Mitra -Britain’s biggest retail stockbroker Hargreaves Lansdown on Tuesday reported slower growth than analysts had expected in the assets it manages and net new business for the half year to…
Japan’s Jan consumer inflation slows, trade deficit biggest in 8 years – Reuters poll
TOKYO – Japan’s core consumer inflation likely slowed in January from the previous month, a Reuters poll showed, reinforcing expectations the country’s central bank will lag well behind other economies in raising…
Trump fundraising slows but still yields over $100 million in cash
By Jason Lange and Alexandra Ulmer -Donald Trump’s fundraising slowed in late 2021 but the former leader still amassed more than $100 million in cash that could help Republicans in their bid…
Spanish inflation slows to 6% y/y in Jan on lower power costs
-Spanish inflation slowed to 6% year-on-year in January from 6.5% in December, mainly thanks to lower electricity costs, flash data from the National Statistics Institute (INE) showed on Monday. The 12-month inflation…
U.S. business activity slows in January amid Omicron wave -IHS Markit survey
WASHINGTON – U.S. business activity grew at its slowest pace in 18 months in January as a winter surge in COVID-19 infections worsened worker shortages at factories, though demand remained strong. Data…
Inflation Rises Again As COVID Recovery Slows And Supply Chains Remain In Chaos
The Consumer Price Index increased 0.4% in September, bringing the key inflation indicator’s year-over-year increase to 5.4%, the U.S. Bureau of Labor Statistics announced Wednesday. The year-over-year 5.4% inflation figure is an…
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