Natural disasters caused global economic losses of $313 billion in 2022, insurance broker Aon estimated on Wednesday, of which less than half was insured. Losses from natural catastrophes covered by the insurance sector amounted to $132 billion, 57 percent above the 21st-century average, it added, leaving a global “protection gap” of 58percent. Yet, while the…
China’s 2022 Economic Growth One of the Worst on Record, Post-Pandemic Policy Faces Test
BEIJING—China’s economic growth in 2022 slumped to one of its worst levels in nearly half a century as the fourth quarter was hit hard by strict COVID-19 curbs and a property market slump. The quarterly growth and some of the December indicators such as retail sales beat market expectations, but analysts noted the overall economic…
Tech Firms Leading Job Cuts in Corporate America
January 8, 2023
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Business & MarketsCompaniescuteconomiceconomyemployeeinflationInflationaryjobsMedia & Big Techrecession
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Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Persisting inflation leading to interest rate hikes, weak consumer demand, and an economic slowdown in China have forced firms from Amazon to Walt Disney and banks to trim their workforce….
Tech Firms Lead Job Cuts in Corporate America
January 8, 2023
admin
Business & MarketsCompaniescuteconomiceconomyemployeeinflationInflationaryjobsMedia & Big Techrecession
0 Comment
Big Tech firms are leading a string of layoffs across corporate America as companies look to rein in costs to ride out the economic downturn. Persisting inflation leading to interest rate hikes, weak consumer demand, and an economic slowdown in China have forced firms from Amazon to Walt Disney and banks to trim their workforce….
LIVE: Biden Travels to Kentucky to Speak About His Economic Plan
U.S. President Joe Biden travels to Kentucky to speak about his economic plan from 12:45 to 1:45 p.m. on Jan. 4. …
Biden Travels to Kentucky to Speak About His Economic Plan
U.S. President Joe Biden travels to Kentucky to speak about his economic plan from 12:45 to 1:45 p.m. on Jan. 4. …
LIVE 12:45 PM ET: Biden Travels to Kentucky to Speak About His Economic Plan
U.S. President Joe Biden travels to Kentucky to speak about his economic plan from 12:45 to 1:45 p.m. on Jan. 4. …
LIVE NOW: Market Falls Mirror Great Depression; Unemployment Numbers Doctored
December 21, 2022
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crisisCrossroadsdepressioneconomicemploymentEpochTVFeatured TopicsJoe BidenLive VideosmarketPolicies & ImpactspresidentunemploymentUSUS NewsVideo
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The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…
Market Falls Mirror Great Depression; Unemployment Numbers Doctored
December 21, 2022
admin
crisisCrossroadsdepressioneconomicemploymentEpochTVFeatured TopicsJoe BidenLive VideosmarketPolicies & ImpactspresidentunemploymentUSUS NewsVideo
0 Comment
The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…
LIVE 10:30 AM ET: Market Falls Mirror Great Depression; Unemployment Numbers Doctored
December 21, 2022
admin
crisisCrossroadsdepressioneconomicemploymentEpochTVFeatured TopicsLive VideosmarketPolicies & ImpactsunemploymentUSUS NewsVideo
0 Comment
The United States is seeing economic trends not witnessed since the Great Depression, including with its falling GDP. While there are various estimates on the crisis, it’s projected to last for years before real improvements are seen, and early estimates didn’t take into account unforeseen events such as ongoing lockdowns in China or Russia’s war…
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