If Shoppers Pull Back, It's Time to Target Premium Buyers

inc.com As looming recession causes some shoppers to pull back on unnecessary goods and purchases, some business owners are keeping their companies afloat by targeting a different demographic: High-end, premium customers

Explainer-Could Germany keep its nuclear plants running?

investing.com FRANKFURT - German utilities have said they may operate the country's three remaining nuclear reactors beyond their scheduled year-end closure date, but it is up to Berlin to get the ball rolling. Power grid...

Is Verizon A Buy Or Sell Amid Market Share Losses To AT&T, T-Mobile?

investors.com Verizon stock has consistently underperformed the S&P 500. The telecommunications giant often attracts income-oriented investors, thanks to its dividend. If 5G wireless services reignite earnings and revenue growth,...

We Are All Watching The Beads Of Sweat Forming On The Fed's Forehead"

zerohedge.com "We Are All Watching The Beads Of Sweat Forming On The Fed's Forehead" By Michael Every of Rabobank Hawks Of A Feather Flock Together The RBNZ went 50bps again yesterday, taking rates up to 3.00% as...

Economists project recession in Chile as Q2 GDP misses forecasts

investing.com By Fabian Cambero and Gabriel Araujo SANTIAGO -Chile's gross domestic product came in below expectations in the second quarter of 2022, central bank data showed on Thursday, leading economists to forecast a...

The official recession label will come too late to have a major impact on stocks

reddit.com The National Bureau of Economic Research is responsible for defining a recession. The NBER definition is more complex, taking into consideration many factors. A group of eight academic economists are saddled with the...

We're Witnessing A Housing Recession": Existing Home Sales Crater 20% In July As Affordability Collapses

zerohedge.com "We're Witnessing A Housing Recession": Existing Home Sales Crater 20% In July As Affordability Collapses Another month, another plunge in housing. Hot on the heels of the latest catastrophic homebuilder...

U.S. weekly jobless claims dip as labor market remains resilient

investing.com By Lucia Mutikani WASHINGTON -The number of Americans filing new claims for unemployment benefits fell last week and data for the prior period was revised sharply down, suggesting labor market conditions remain...

Existing home sales plunge in July to lowest level in 2 years

foxbusiness.com U.S. existing home sales dropped to a fresh two-year low in July as rising mortgage rates and the relentless increase in home values slowed activity by edging prospective homebuyers out of the market. Sales of...

Worried About a Recession? Do This to Prepare Your Company

entrepreneur.com As the economy shifts, ask yourself these four questions.

Norway and New Zealand deliver latest big rate hikes

investing.com LONDON - The Norwegian and New Zealand central banks this week both delivered yet more interest rate hikes and signalled further tightening is round the corner as policymakers globally race to get on top of runaway...

Expected slow return to Canada's inflation target defuses rate-cut bets

investing.com By Fergal Smith TORONTO - Canadian inflation is not likely to return to the central bank's 2% target until 2024 after possibly peaking in June, as less volatile items like wages and rent displace energy as key...

Futures Levitate Higher After China Vows To Accelerate Reopening

zerohedge.com Futures Levitate Higher After China Vows To Accelerate Reopening US futures were flat as the Fed minutes did not help resolve the uncertainty about the path of Federal Reserve monetary tightening, while...

Apple iPhone 14 and Other Devices Coming Next Month on September 7

coinspeaker.com Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency...

Oil rises on U.S. crude stocks data, tight supply outlook

reuters.com Brent crude futures climb $1.27, or 1.4%, to $94.92 a barrel by 1117 GMT. robust U.S. fuel consumption data and expected falls in Russian supply later in the year offset concerns that a possible recession in...