by Liberty Street Economics | Mar 5, 2024 | AlphaTack Intel
In the aftermath of the COVID-19 pandemic, the U.S. economy experienced a swift recovery accompanied by a sharp rise in inflation. Inflation has been gradually declining since 2022 without a notable slowdown in the labor market. Nonetheless, inflation remains above...
by Bloomberg.com | Mar 5, 2024 | AlphaTack Intel
Bills for consumer debt service hit record high this year Mortgage burden still near historic lows with locked-in deals US households are now paying roughly as much interest on other kinds of debt, from credit cards to student loans, as they are on their mortgages,...
by Bloomberg.com | Mar 5, 2024 | AlphaTack Intel
Work reports focus on tech innovation, defense spending Key for foreign firms is ‘full, timely’ reform rollout: AmCham China’s big annual policy report shows it may have to play nice with the US this year to counter its economic headwinds, though ambitions to ramp up...
by Bloomberg.com | Mar 5, 2024 | AlphaTack Intel
Mainland-listed shares climb while those in Hong Kong fall China’s 5% growth traget a disappointment to some investors Some exchange-traded funds tracking Chinese stocks saw a surge in turnover, a sign that state-backed funds are supporting the market after some...
by Bloomberg.com | Mar 4, 2024 | AlphaTack Intel
Increase in military expenditure is the biggest in five years Corruption is raising questions about nation’s armed forces China’s defense spending will grow by 7.2% in 2024 — the most in five years — an increase that comes amid signs corruption is undermining a...
by Reuters.com | Mar 4, 2024 | AlphaTack Intel
TOKYO, March 5 (Reuters) – Chinese stocks stumbled on Tuesday, dragging Asian peers with them, as investors showed their disappointment at Beijing’s plans to support the economy as its week-long annual session of parliament, the National People’s...
