by Bloomberg.com | Mar 21, 2024 | alerts, Markets/Economy
Consumer sentiment was once a reliable predictor of election outcomes. Not anymore. The way Americans feel about the economy is now largely determined by party affiliation. During Donald Trump’s administration, consumer sentiment plunged among Democrats and surged...
by Bloomberg.com | Mar 21, 2024 | alerts, Markets/Economy
Nvidia and Meta have pulled away from the rest of the once-hot group as investors focus on AI. For more than a decade, the stock market has been supercharged by a handful of technology behemoths that have offered the promise of hypergrowth. You know them: household...
by Bloomberg.com | Mar 20, 2024 | alerts, Markets/Economy
Ticket sales surged as youth unemployment climbed to record Nation’s young face tougher economic climate than parents did Lottery shops in China are ditching bland storefronts to reinvent themselves as hipster hangouts, with slogans that tempt youngsters hit by an...
by Bloomberg.com | Mar 20, 2024 | alerts, Markets/Economy
Move to expand critical minerals supply chain away from China Offer conditional on company obtaining environmental approvals A US-backed lender has offered an Australian miner $600 million in loans to develop a rare earths project, the latest move to expand the...
by Bloomberg.com | Mar 20, 2024 | alerts, Markets/Economy
China is building its military and nuclear arsenal on a scale not seen since World War II and all signs suggest it’s sticking to ambitions to be ready to invade Taiwan by 2027, a top US admiral testified. Despite Beijing’s economic challenges, its official defense...
by CNBC.com | Mar 20, 2024 | alerts, Markets/Economy
Shares of French luxury group Kering plunged 14% on Tuesday after the company warned that Gucci sales look set to fall 20% year-on-year in the first quarter, amid declining Asia transactions. The rare profit warning forecasts overall group revenues to drop 10% in the...
