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UK construction sector gathers speed as shortages ease; German factory orders tumble –
Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business.
The UK’s economic outlook looks less bright this morning, as shortages, rising costs, and the possibility of…
EU warns Russia: If you invade Ukraine, there will be a high price to pay
Conscripts line up at a railway station before departing for military service with the Russian Army.Sergei Malgavko | TASS | Getty ImagesBRUSSELS — The European Union is concerned about Russia's "aggressive" stance toward its neighbors,…
Veteran strategist David Roche says China is set to ease monetary policy further
Monetary policy in China is set to ease as the government continues to focus on stability and the theme of "common prosperity," veteran investment strategist David Roche said on Monday.Common prosperity refers to the Chinese government's…
Economists mock The Guardian for publishing an opinion piece suggesting price controls to
Media top headlines December 30 In media news today, a second CNN producer comes under ‘criminal investigation’ involving ‘potential juvenile victims,’ Ex-MSNBC star Keith Olbermann mocks Mitt Romney’s large family, and Politico…
Live news: McDonald’s sales growth falls short after Covid lockdowns in China
Comcast posted higher than anticipated sales in the fourth quarter, bolstered in part by its NBCUniversal division, yet growth was modest in the biggest part of its business.Cable revenue rose 4.5 per cent in the final three-month period…
Billionaire ‘Bond King’ Jeff Gundlach rings the recession alarm, says bitcoin is hugely
Jeff Gundlach.REUTERS / Jessica RinaldiJeff Gundlach warned the Federal Reserve could cause a recession if it tightens its monetary policy.
DoubleLine Capital's billionaire boss said only speculators would buy bitcoin at its!-->…
Trump, Lucid, Better, BuzzFeed round out a rough week for SPACs: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. SubscribeWednesday, December 8, 2021Blank-check companies have matured, but still look like the…
Our supply chain woes didn’t start with the pandemic
This holiday season, Americans have a new reason to stress: the dreaded supply chain crisis. The bottleneck of goods has many people doing their holiday shopping early while worrying about rising costs and shortages. Increased consumer…
Worker shortage should ease in 2022 as COVID wanes. But many people have permanently
Labor shortage: U.S. workers are looking for more incentivesThe U.S. is in the middle of one of the biggest labor shortages in history. Here’s what it's going to take to get more Americans back to work.Just the FAQs, USA TODAYSeveral…
Jobless claims: Another 230,000 Americans filed new claims last week
Initial unemployment claims unexpectedly jumped to total 230,000 last week, but still remained low compared to their pandemic-era averages. The Labor Department released its latest weekly jobless claims report Thursday at 8:30 a.m. ET.…