Latest in Japan’s beef bowl economy shows consumer resilience as prices rise
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Japan’s beef bowl economy shows consumer resilience as prices rise
Increases at fast food outlets and restaurants are not deterring locals from dining outWorld - Financial Times - 8 hours ago -
Japan's economy grows for a second straight quarter on the back of consumer spending
Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held upWorld - ABC News - 4 days ago -
Americans are most optimistic about the economy since 2021, consumer sentiment shows
Growing optimism about how the economy will perform in 2025 pushed a survey of consumer sentiment to a seven-month high shortly before the presidential election that saw former President Donald ...Business - MarketWatch - November 8 -
Wholesale prices rise again, PPI shows, due to stubborn pockets of inflation
U.S. wholesale prices rose a bit faster in October and suggested the battle by the Federal Reserve to reduce inflation to low prepandemic levels may go on a while.Business - MarketWatch - 5 days ago -
The global economy has proved surprisingly resilient
But significant downside risks will continue to pose a challenge for policymakersBusiness - Financial Times - October 22 -
National insurance rise will hit lower-wage parts of UK economy hardest, study shows
Findings of IFS think-tank come as Reeves acknowledges policies could dampen pay growthBusiness - Financial Times - October 31 -
Oil prices end lower with weekly U.S. crude supplies up by over 5 million barrels
Oil futures settled lower Wednesday as official U.S. data showed an unexpected weekly climb in domestic crude inventories, prompting prices to post their first loss in three sessions.Business - MarketWatch - October 23 -
JD.com Profit, Revenue Rise as Consumer Sentiment Improves
The Chinese e-commerce giant reported higher profit and revenue in the third quarter despite fierce competition from Alibaba and PDD Holdings.Business - The Wall Street Journal - 5 days ago -
Liverpool show resilience at Arsenal to pass first true test
Going to Arsenal and getting a point was the first real test of Liverpool's 2024-25 title credentials.Sports - ESPN - October 27 -
High early voter turnout shows Americans are more "resilient against the disinformation"
With 76 million Americans having voted early, CBS News election law contributor David Becker tells "Face the Nation with Margaret Brennan" those high numbers show that Americans "increased our ...Top stories - CBS News - November 3 -
How quickly are prices rising in the UK?
The rate at which prices are rising has dropped below the Bank of England's target of 2%.Top stories - BBC News - November 7 -
U.S. economy grew 2.8% last quarter, powered by consumer spending
Consumer confidence soared in October, signaling that Americans may continue to open their wallets.Top stories - CBS News - October 30 -
Trump's proposed tariffs could raise prices for consumers and slow spending
President-elect Donald Trump has proposed stiff tariffs on imported goods, which could lead to higher prices and softer spending.Business - CNBC - November 6 -
Russia Explores Plan to Merge Oil Giants Into Mega Producer
The resulting company would be the world’s second-largest crude producer, behind Saudi Arabia’s Aramco, and would pump almost three times the output of Exxon Mobil.World - The Wall Street Journal - November 9 -
Qatar Pauses Efforts to Mediate Stalled Gaza Cease-Fire
The Gulf state’s move reflects frustration with the lack of progress by Hamas and Israel.World - The Wall Street Journal - November 9 -
The Russia-Ukraine War Intensifies, With Drone Attacks, Foreign Troops and Record Losses
The surge in fighting occurs as President-elect Donald Trump pledges to end the conflict.World - The Wall Street Journal - November 10 -
Consumer anger over high prices piles pressure on politicians
Post-Covid inflation rise leaves toxic legacy for governments across rich economiesBusiness - Financial Times - November 11 -
FirstFT: Bitcoin hits a record high
Also in today’s newsletter, Kremlin denies Putin spoke to Trump last week and America Inc’s new chief executiveWorld - Financial Times - November 11 -
Retailers Adjust Holiday Sales Plans to Handle Rising Consumer Stress Levels
Shoppers’ worries about the presidential election and its economic consequences threaten holiday season spending. Retailers are scrambling to limit pullbacks.Business - Inc. - October 23 -
10-year Treasury yield ends with biggest six-week climb in a year as consumer sentiment rises
U.S. government debt sold off on Friday, giving the 10-year yield its biggest six-week advance in about a year, after data showed consumer sentiment rose this month.Business - MarketWatch - October 25 -
Power, as well as price, matters in a well-run economy
That’s the lesson to take from both the founding of the Bretton Woods system 80 years ago and the Biden administration todayWorld - Financial Times - October 21 -
Consumer report shows companies are failing to protect from robocalls, texts
A new report says many phone companies are not doing enough to protect people from robocalls and texts. A consumer watchdog group says more than half of them have not fulfilled all of the ...Top stories - CBS News - October 29 -
Norwegian Cruise Line seeing strong demand, as consumers show ‘health and confidence’
Norwegian Cruise Line’s stock rallies toward a three-year high after an “impressive” quarterly performance and amid continued “robust” demand.Business - MarketWatch - October 31 -
Pop-Tarts Bowl MVP will have choice of 3 edible mascots for winning team to consume, send to 'mouth heaven'
Last year's game was a viral success. This season will look to up the absurdity.Sports - Yahoo Sports - Yesterday -
High energy prices predicted to be 'the new normal'
The energy price cap is predicted to edge up by 1% from January, according to analysis by Cornwall Insight.Top stories - BBC News - Yesterday -
UK economy barely grows with Budget fears blamed
The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.Top stories - BBC News - 4 days ago -
Tokyo Metro rises 45% on debut in Japan’s biggest IPO since 2018
Underground railway network has raised $2.3bn in heavily oversubscribed listingWorld - Financial Times - October 23 -
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Japan and EU announce a security and defense partnership as regional tensions rise
Japan and the European Union have announced a security and defense partnership as they seek to step up military ties, including joint exercises and exchanges between their defense industries, amid ...World - ABC News - November 1 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
Inflation ticks up slightly in October, report shows
A new report shows a slight increase in inflation for the month of October, up to 2.6% compared to 2.4% in September. NBC’s Christine Romans reports for TODAY on what it signals about the economy.Top stories - NBC News - 6 days ago -
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Japan’s ruling coalition to lose majority in election, national broadcaster says
PM Shigeru Ishiba’s Liberal Democratic party faces losses amid voter anger over funding scandal and cost of living. Japan’s ruling coalition is certain to lose its majority in parliament in ...World - The Guardian - October 27 -
Japan's Shigeru Ishiba suggests he intends to stay on as PM after ruling coalition loses majority
It is the first time since 2009 that the Liberal Democratic Party has lost its parliamentary majority.Business - CNBC - October 28 -
Consumer prices up 0.2 percent in October, 2.6 percent over past year
Consumer prices rose 0.2 percent in October and 2.6 percent over the previous 12 months as inflation slowly but surely returns to pre-pandemic norms, according to new Labor Department data released ...Politics - The Hill - 6 days ago -
U.S. economy’s secret weapon, productivity, rises sharply again
One of the biggest drivers of a strong U.S. economy, worker productivity, showed another healthy gain in the summer and early fall, in a good omen for the current expansion.Business - MarketWatch - November 7