Consumer confidence in April dipped to the lowest level since last July, driven by the deterioration in economic expectations as recession concerns mount. … READ MORE >
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Growth, employment and identifying the end of a business cycle
The Federal Reserve’s rate hikes are starting to pull down growth just as a period of tighter lending will probably cool the economy further over the next few months. … READ MORE >
Activity at top 10 U.S. ports signals softening economy; manufacturing activity contracts
February inbound container shipments at the top 10 U.S. ports hit their lowest level since before the pandemic, according to the latest available port data aggregated by Bloomberg. … READ MORE >
5 things to know in life sciences: Week of April 17, 2023
From drug pricing negotiations and long-COVID-19 treatment to quantum computing in drug development, what’s happening in life sciences? … READ MORE >
Initial jobless claims rise amid labor market slowdowns
New claims, which are a proxy for layoffs, increased by 2.1% to 245,000 for the week ending April 15—about 12.9% higher than a year ago. … READ MORE >
Defense tech companies seek growth
Workforce issues, supply chain problems and inflation continue to challenge contractors’ ability to improve operating margins. … READ MORE >
Canadian inflation fell to lowest since August 2021
Canada’s inflation rate dropped to 4.3% in March on an annual basis from 5.4% in the prior month, driven largely by comparisons to the surging energy and food prices of a year ago. … READ MORE >
Why the dollar remains the world’s reserve currency, and will stay that way
We find the recent discussion around the end of the dollar dominance bereft of any linkage to the reality of international finance. … READ MORE >
5 things to know in life sciences: Week of April 10, 2023
From the development of pediatric pacemakers to advancements in health care legislation, each week we highlight the latest happening in life sciences. … READ MORE >
Lower-than-expected retail sales raise recession probability
Retail sales dropped for the second month in a row in March as demand for goods and food services continued to ease, suggesting the end of the business cycle. … READ MORE >