Good morning and welcome back, it’s Ainsley here with all the news you need to start the working week.Today’s must-reads:• Global economic growth forecasts in focus• CPI data projected to show inflation slowing• US House approves aid for Ukraine, Israel, Taiwan
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.
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(Bloomberg) -- Salesforce Inc.’s Marc Benioff is pursuing what would be one of the company’s biggest-ever deals after fending of activists investors critical of his reliance on acquisitions.Most Read from BloombergIsrael Versus Iran — What All-Out War Could Look LikeApple Faces Worst iPhone Slump Since Covid as China Rivals RiseTexas Warns of Possible Power Emergency Next WeekIran’s Missile Barrage Was an Error Israel Can Gain FromIsrael Grapples With New Phase in Its Multi-Front War With...
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.
An already-fraught economic backdrop for the Albanese government’s third federal budget has been complicated by hotter-than-expected inflation data. Consumers were slugged with price hikes for hard-to-avoid expenses such as rents, education fees, insurance and medical bills in the first three months of the year, latest data from the Australian Bureau of Statistics shows. On a […]
Retail inflation has lessened, but businesses are still swamped by huge price increases in materials and servicesConsumer prices ticked up again in March, rising to anywhere from 3.2% to 3.8% year-over-year, depending on the rate you’re tracking. Of course, that’s way down from what it was back in 2022. But don’t tell that to any of my clients – or people running businesses in just about every industry across the country. For them, prices are not only rising but are significantly –...
By David Lawder WASHINGTON, April 16 (Reuters) – The global economy is set for another year of slow but steady growth, the International Monetary Fund said on Tuesday, with U.S. strength pushing
Literally the day after President Biden bragged, "We're following my blue collar blueprint to rebuild America, and guess what? It's working!", Bidenomics struck with a vengeance Thursday.
U.S. economic growth in the first quarter fell below the Federal Reserve's estimates of the economy's long-run potential for the first time in nearly two years, but the signs of slowing were accompanied with fast inflation that, if sustained, would pose a particular dilemma for the central bank.
New home builders are showing concern after new inflation data was released. But could this confidence shift to the positive soon?
CNBC's Jim Cramer referred to these factors as "brown shoots" that are disrupting U.S. economic growth.