BEIJING—Global stock markets declined Thursday after signs of enduring upward pressure on U.S. and European prices raised expectations that interest rates will stay higher for longer. London, Shanghai, Frankfurt, and Tokyo retreated. Oil prices fell. Wall Street futures were lower after a survey showed prices paid by U.S. manufacturers rose in February for the first…
Global Stocks Lower After Inflation Fuels Rate Fears
March 2, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
‘Large Drops’ in American Consumer Confidence as Recession Signal Strengthens
Confidence about the state of the American economy has fallen among U.S. consumers, while expectations about the future remain at a level indicating an upcoming recession, according to a survey by The Conference Board, a nonprofit research group. The Conference Board’s Consumer Confidence Index fell for the second consecutive month in February, to 102.9, down…
PREMIERING 3/2 at 7:30PM ET: Jeffrey Tucker: $6 Trillion Created Unprecedented Inflation, All to Feed the ‘Lockdown Machine’
March 1, 2023
admin
American Thought LeadersbidenBiden adminbiden administrationBiden Inflationbrownstone instituteBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesCoronavirus In-DepthCOVID Economycritical race theoryeconomic policieseconomicseconomyEducation & Family NewsenergyEpochTVFederal Reserveinflationjeffrey tuckerJoe BidenLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsrecessionUSVaccines & SafetyVideo
0 Comment
American Thought LeadersbidenBiden adminbiden administrationBiden Inflationbrownstone instituteBusiness & MarketsBusinesses in COVID-19CCP VirusCompaniesCoronavirus In-DepthCOVID Economycritical race theoryeconomic policieseconomicsEconomyEducation & Family NewsenergyEpochTVFederal Reserveinflationjeffrey tuckerJoe BidenLive VideosMarketsMedia & Big Techpersonal financePolicies & ImpactsrecessionUSVaccines & SafetyVideo
“While we slept—while we thought the world was just fine—what was actually happening was a tremendous distortion of the production structures.” I sit down with Jeffrey Tucker, senior economics columnist for The Epoch Times and founder and president of The Brownstone Institute. Tucker says labor supply problems are approaching catastrophic levels with historically low worker-to-population…
Scholars Rank Biggest Spending Presidents as the Greatest
Commentary Before President Joe Biden entered the White House, he consulted with several prominent historians about how to be a great commander in chief. Their answer: Grow government. Spend, spend, spend. Don’t worry about blowing up the debt. It was the worst possible advice, and that meeting no doubt contributed to our economic calamity. So,…
Wall Street Opens Lower as Yields Rise Again
Wall Street’s main indexes opened lower on Wednesday as Treasury yields rose on bets of more rate hikes by the Federal Reserve that offset optimism from strong China manufacturing data. The Dow Jones Industrial Average fell 0.33 points, or 0.00 percent, at the open to 32,656.37. The S&P 500 opened lower by 6.81 points, or…
Dollar Slides, Yuan Gains on China PMI; Hot Inflation Lifts Euro
LONDON—The dollar slumped and China’s yuan gained on Wednesday after China’s manufacturing activity expanded at its fastest pace since April 2012, while the euro rose after regional German inflation data signaled price pressures remain high. The Australian and New Zealand dollars were also among the beneficiaries of the robust Chinese data, which smashed expectations with…
Global Shares, Oil Advance as China Manufacturing Rebounds
March 1, 2023
admin
Business & MarketsCompanieseconomic policieseconomyenergyglobalGold and CommoditiesinflationMarketsrecessionstocks
0 Comment
TOKYO—Global shares were higher Wednesday after reports on key measures of China manufacturing showed a strong recovery after anti-virus controls were lifted late last year. France’s CAC 40 added 0.5 percent in early trading to 7,301.78. Germany’s DAX rose 0.5 percent to 15,422.23. Britain’s FTSE 100 rose 0.2 percent to 7,912.56. The future for the…
UK House Prices Suffer Worst Annual Fall in a Decade, New Figures Show
March 1, 2023
admin
Business & MarketseconomyHouse Pricesinflationinterest ratesInvestmentmortgage ratesrecessionUKWorld
0 Comment
House prices in the UK fell by 1.1 percent year-on-year in February, the biggest annual decline for more than a decade, according to new figures from the Nationwide Building Society. It was the biggest annual house price fall since November 2012, and the first annual decline of UK house prices since June 2020, when the…
UK Households Buying Less Food as Grocery Inflation Continues to Soar
Half of the UK population has reported buying less food when shopping in recent weeks, as food price inflation puts increasing pressure on British households. According to survey results from the Office for National Statistics (ONS), the rising cost of living has caused Britons to cut back on their spending on food. The ONS survey,…
Wall Street Opens Lower as Treasury Yields Rise
Wall Street’s main indexes fell at the open on Tuesday as Treasury yields rose on bets of more interest rate hikes from the Federal Reserve. The Dow Jones Industrial Average fell 15.62 points, or 0.05 percent, at the open to 32,873.47. The S&P 500 opened lower by 5.05 points, or 0.13 percent, at 3,977.19, while…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`