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Beijing said economy grew 4.8% in the third quarter, a deceleration that nonetheless keeps it on track to hit its official annual target https://www.wsj.com/economy/chinas-economic-growth-slows-to-one-year-low-07e36e7b The July-September data was the weakest pace of growth since the third quarter of 2024, and …
It was not hackers, not satellites falling silent, and not a solar storm. It was older and simpler than that: a set of undersea cables cut in the Red Sea, the most volatile shipping lane in the world. For decades, …
Authored by Mike Shedlock via mishtalk, Let’s discuss the latest e-commerce sales numbers. Please consider the E-Commerce Retail Sales Report for the second quarter of 2025. The Census Bureau of the Department of Commerce announced that the estimate of U.S. retail e-commerce …
A boat exploded at a marina in Fort Lauderdale.Here’s the slowed-down footage showing multiple passengers being thrown from the boat This is not normal is it? pic.twitter.com/PbHB4sCgCE — JOSH DUNLAP (@JDunlap1974) April 13, 2025
CHI Fed: manufacturing and service sector growth in Aug was below trend, though not nearly as bad as last year’s lows; while cost pressures decreased, so did planned capital investment and hiring, while outlook deteriorated, now pessimistic on balance: CHI …
The rate at which inflation is increasing slowed to 2.9% in July, but it’s still increasing. Here’s inflation under Biden/Harris compared to Trump. This is how working- and middle-class Americans experience inflation & it’s still ugly. pic.twitter.com/cPIf3B26yE — Andy Puzder …
by TonyLiberty Fed chief Powell to set table for September rate cut at Jackson Hole, but jobs data will set the size Oh yay. Only 2.9% higher than the 4.5% increase last year and the 8.8% higher increase the year …
Consumer prices in March rose 11% m/m versus est. 12.1.% Argentina central bank cut benchmark rate Thursday to 70% Monthly inflation in Argentina slowed more than expected in March, cooling for the third straight print as President Javier Milei’s austerity hurts consumer spending. …
by confoundedinterest17 Even eating breakfast under Bidenomics is more expensive. Particularly if you like orange juice like I do. To save money, I am probably going to have to switch to nasty-tasting Tang. Food CPI is up 3.69% year-over-year. The …
Job creation in the United States slowed more than expected in August, according to ADP, a sign that the surprisingly resilient U.S. economy might be starting to ease under pressure from higher interest rates. The firm reported Wednesday that private …
by confoundedinterest17 Preliminary benchmark revision smaller than some had projected Biggest payrolls adjustment in transportation and warehousing Are you surprised that the Biden Administration has been lying about job creation?? Not really since Biden compulsively lies about everything. Including his …
Consumer #Credit slowed even more in May, and we saw revisions for March and April that were lower than last month. So, people are taking out less debt in the following forms, which shows a sign of credit contraction. -Auto …
BEIJING — China’s Commerce Ministry on Wednesday said non-economic factors were growing and interfering with the country’s foreign trade which was facing an “extremely severe” situation in the second half of this year. “Some countries’ forceful push for ‘decoupling,’ ‘severing …