The economy grew at its best annual pace on record in 2021 despite a December hit from measures to control the spread of the Omicron COVID variant, early official estimates…
Tag: hit
S&P 500, Dow hit record highs on 1st trading day of 2022
Tesla charges ahead on better-than-expected deliveries Banks gain as Treasury yields rally Dow up 0.7%, S&P 500 up 0.6%, Nasdaq up 1.2% NEW YORK, Jan 3 (Reuters) – The S&P…
Turkey raises minimum wage by 50% to help workers hit by soaring inflation
President Recep Tayyip Erdogan announced a 50 per cent rise in the country’s minimum wage in an effort to protect the Turkish people from soaring inflation just hours after the…
Japan’s economy shrinks more than expected as supply shortages hit
Q3 GDP annualised -3.0% vs f’cast -0.8% Declines in exports, capex, consumption hurt economy in Q3 Economic outlook in Q4 likely brighter but growth seen slow Sluggish consumption, risks to…