by Bloomberg.com | Aug 26, 2024 | alerts, Markets/Economy
Federal hearing begins Monday on FTC lawsuit to block tie-up Grocers say deal would help competition versus Amazon, Walmart Kroger Co. and Albertsons Cos. are finally getting their day in court. Nearly two years after the acquisition was announced, the grocery giants...
by Bloomberg.com | Aug 25, 2024 | alerts, Markets/Economy
Euro-zone inflation to help ECB decide on September rate cut The focus in Asia will be on China’s new monetary framework US inflation figures in the coming week will reinforce that long-awaited interest-rate cuts are coming soon, while a reading on consumer spending...
by Bloomberg.com | Aug 23, 2024 | alerts, Markets/Economy
Unemployment estimate rises to highest level since November Poll suggests Fed’s behind the curve in cutting interest rates A labor market softening more so than previously thought should spur faster and steeper interest-rate cuts by the Federal Reserve, according to...
by Bloomberg.com | Aug 23, 2024 | alerts, Markets/Economy
Beijing suspends capacity swap system for new furnaces Citi analysts say move ‘likely not enough’ to address problem China has abruptly suspended its system for approving new steel plants, as the government responds to a deep demand slump that’s crushed industry...
by Bloomberg.com | Aug 22, 2024 | alerts, Markets/Economy
New Zealand retail sales volumes contracted for the eighth straight quarter as high interest rates and the surging cost of living curb household spending. Sales volumes fell 1.9% in the fourth quarter of last year from the third, Statistics New Zealand said Friday in...
by Bloomberg.com | Aug 22, 2024 | alerts, Markets/Economy
Annual inflation slowed more than forecast in early August Final second-quarter GDP data confirmed lackluster expansion Mexico’s annual inflation slowed much more than expected while economic growth remained feeble, according to separate reports published Thursday,...
