In the wake of a pandemic that shook the global economy, the United States faces a paradoxical situation where job openings abound, but there aren't enough workers to fill them.
Go Deeper (5 min read)The mounting threat of corporate debt defaults has long been downplayed by resilient credit markets, but the situation is taking a concerning turn as more companies face downgrades to junk credit ratings, leading to higher borrowing costs.
Go Deeper (3 min read)The dollar has witnessed a significant decline of nearly 13% against a basket of currencies since reaching a two-decade high last year, reaching its lowest point in 15 months.
Go Deeper (3 min read)According to the latest report from the Labor Department on Wednesday, consumer prices in June rose by a mere 3% compared to the previous year - the smallest annual increase since March 2021.
Go Deeper (2 min read)Consumer prices in China approached the brink of deflation, intensifying the need for policymakers to implement additional stimulus measures to revive sluggish demand.
Go Deeper (3 min read)Persistent inflation and higher interest rates have put a strain on many households, causing consumers to be cautious about certain expenses like home improvement projects and apparel.
Go Deeper (2 min read)The latest reports on jobs and inflation present a complex and nuanced outlook as the labor market continues its recovery from the profound shortages witnessed in the wake of the pandemic.
Go Deeper (2 min read)The Labor Department reported a substantial drop in weekly jobless claims in May, which reversed earlier surges and brought them down from the highest level since October 30, 2021.
Go Deeper (3 min read)With the outbreak of the COVID-19 pandemic, supply chain disruptions became prevalent, prompting several Western countries to initiate campaigns focused on reshoring and nearshoring.
Go Deeper (3 min read)The streaming service recently disclosed that its more affordable ad-supported option has garnered five million monthly active users. Furthermore, in areas where this tier is available, approximately 25% of new subscribers are opting for it.
Go Deeper (2 min read)The Topix Index in Japan has reached its highest level since August 1990, indicating the return of foreign investors. Year-to-date, the Tokyo Price Index has recorded a gain of over 6%.
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