In light of the economic downturn, consumers have been scaling back on food that's actually good for them. Sales of potato chips and other quick-payoff snacks are way up, and even though people are cooking at home rather than dining out to save money, what they're preparing in the kitchen is more ...
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Tue, 11/03/2009 - 9:10am
BING NEWS:
- Kelly Evans: Bessent re-inverts the yield curve
Markets are no doubt cheering the selection of macro investor Scott Bessent as Trump’s new Treasury Secretary. Stocks are popping globally, and even more significantly, the ten-year U.S. Treasury ...
11/25/2024 - 1:34 am | View Link - Hungary Plans 40% Minimum Wage Hike by 2027 in Risk to Inflation
Hungary announced it will raise the minimum wage by 40% over three years in a move Prime Minister Viktor Orban expects to boost the recession-hit economy, but which critics say may fuel inflation.
11/25/2024 - 12:40 am | View Link - New value for old mall
Shopping malls took a hit during the recession, and many are still trying to rebound, although sales are on the ...
11/25/2024 - 12:26 am | View Link - Planning adviser apprehends economic recession amid stagnant investment, development spending
The adviser said the private sector is not showing any interest in investment and the interest rate has been increased a lot ...
11/24/2024 - 11:13 pm | View Link - New Zealand Retail Spending Slows Again, Pointing to Recession
New Zealand retail spending fell for a second straight quarter as high interest rates dented consumer sentiment, adding to signs the economy was in recession in the middle of the year. Retail sales ...
11/24/2024 - 9:54 am | View Link - More
- What is a rolling recession? And are we in one right now?
Whereas a standard recession hits all sectors at approximately the same time, a rolling recession means some industries are contracting as others expand. Sector-by-sector data seems to confirm this, with the S&P Global US Sector Purchasing Managers’ Index - a gauge that tracks output across seven US sectors - showing a mixed picture.
11/22/2024 - 1:47 pm | View Link - Chief economists on what lies ahead for the world in 2023 | World ...
The World Economic Forum’s latest Chief Economists Outlook finds that economists are divided on the chances of a global recession in 2023. During the Forum's Growth Summit, which took place on 2-3 May 2023, leading economists explored the state of the global economy.
11/22/2024 - 9:15 am | View Link - What will happen to the global economy in 2024? | World Economic Forum
The global economy is expected to remain uncertain throughout 2024. The World Economic Forum’s latest Chief Economists Outlook finds that just over half of chief economists anticipate the global economy to weaken this year.
11/22/2024 - 2:13 am | View Link - Chief Economists Say Global Recession Likely In 2023, But Pressures On ...
Geneva, Switzerland, 17 January 2023 – A majority of the World Economic Forum’s Community of Chief Economists expect a global recession in 2023, see geopolitical tensions continuing to shape the global economy, and anticipate further monetary tightening in the United States and Europe. These are the key findings of the Chief Economists Outlook, launched today at the World Economic Forum ...
11/21/2024 - 7:10 pm | View Link - How to avoid a global recession, according to the head of the IMF
In an interview for the World Economic Forum at Davos, the IMF's Managing Director, Kristalina Georgieva outlined urgent steps to avoid global recession. The IMF projects that the growth of global economy will slow from an estimated 6.1% in 2021 to 3.6% in 2022 and 2023. Striving for peace in Ukraine is paramount.
11/21/2024 - 9:59 am | View Link - More
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