Economy

Inflation report, Lululemon drops, DocuSign jumps and more: Friday's 5 things to know

Inflation report, Lululemon drops, DocuSign jumps and more: Friday’s 5 things to know

Mainstay Capital Management Founder and CEO David Kudla reveals how investors can protect themselves in tough economic times in “The Claman Countdown.” Here are the main events that take place on Friday this could have an impact on trade. PRODUCER PRICE: The Bureau of Labor Statistics is expected to report that the PPI rose 0.2% …

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Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

Markets bullish as China eases Covid rules, but experts warn of danger ahead Read More »

Markets bullish as China eases Covid rules, but experts warn of danger ahead

Global stocks and the price of some key commodities rose on hopes that easing China’s strict zero-Covid measures would help lower inflation, although some experts have warned the country will not was not ready to live with the disease. The Chinese government on Wednesday announced a major shift towards living with the virus. People with …

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Reviews |  US protectionism could jeopardize a golden age of Western unity

Reviews | US protectionism could jeopardize a golden age of Western unity

Comment this story Comment The United States and Europe find themselves in a closer alliance than at any time in many decades. France has long been the most reluctant European nation to play the role of junior partner in an American-led venture. During his first years in office, President Emmanuel Macron did his best to …

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Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Turkey halts oil not subject to Russian sanctions, raising concerns over global energy market supply

Cargo ships and ships pass through the Bosphorus Strait, a body of water connecting the Black Sea to the Sea of ​​Marmara and the Mediterranean Sea via Istanbul, Turkey. Above, the Russian-flagged Volga River Taganrog tanker cruises through the Bosphorus Strait in October 2022. Nurphoto | Nurphoto | Getty Images Tankers full of Kazakh oil …

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General Motors CEO Mary Barra speaks with members of the Automotive Press Association during their lunch and Q&A session at Waterview Loft in Port Detroit in Detroit on December 8, 2022.

GM’s Barra says these 2 issues will top 2023 UAW contract negotiations

General Motors CEO Mary Barra described it as “an incredibly interesting time” for the automaker ahead of contract negotiations with the UAW in fall 2023 due to two unknowns: the future of union leadership and the health of the US economy. But Barra, who spoke to the media Thursday at an Automotive Press Association event …

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📬 Daily Brief: China and Saudi Arabia become friends

📬 Daily Brief: China and Saudi Arabia become friends

Hello, Quartz readers! Here’s what you need to know China and Saudi Arabia have cemented their ties. The country’s leaders met yesterday (December 8) in Riyadh and signed several contracts including cloud computing and internet agreement with Huawei. A trial for massive fraud has started in Germany. Former executives of payments company Wirecard are on …

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Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

Yellen is the first female Treasury Secretary with a signature on the U.S. dollar

WASHINGTON — During a recent appearance on “The Late Show With Stephen Colbert,” Treasury Secretary Janet L. Yellen was faced with a tricky question: After nearly two years on the job, why is signing her predecessor, Steven T. Mnuchin, was it still scrawled across national currency? The answer, she explained, was a quirk of coinage …

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