Pandemic Slowdown - QuikReader

Coty Joins Competitors in Warning of Beauty Sales Slowdown

The cosmetics company, whose portfolio of brands includes Max Factor and Lancaster, on Monday said retailers are tightening their inventories as mass beauty sales continue to see slow growth ...

Business - The Wall Street Journal - October 14

Chinese economic slowdown deepens, official figures show

Gross domestic product rose by 4.6% on a yearly basis, below Beijing's "around 5%" annual target.

Hermes Sales Rise 11% Despite Luxury Slowdown

Hermes reported a rise in sales for the third quarter but looking ahead, it cautioned about global economic, geopolitical and monetary uncertainties.

Business - The Wall Street Journal - October 24

Prada's Miu Miu Continues to Defy Luxury Slowdown

Prada posted an increase in revenue, buoyed by the popularity of its Miu Miu brand, and continues to buck a downturn in demand for high-end goods that is particularly acute in China.

Business - The Wall Street Journal - October 30

How Hermès is bucking the global luxury slowdown

Paris-based luxury house Hermès has reported strong financial results despite a global slowdown that has affected competitors LVMH and Gucci owner Kering.

Business - CNBC - October 31

China consumer slowdown weighs on U.S. earnings again

From Apple to Starbucks, U.S. consumer brands are reporting yet another quarter of China sales declines.

Business - CNBC - November 5

September Border Patrol encounters lowest since the pandemic

Fewer migrants were apprehended between ports of entry at the southern border in September than in any month since August of 2020, according to new data released by Customs and Border Protection ...

Politics - The Hill - October 22

At the Pandemic’s Start, Americans Began Drinking More. They Still Are.

Excessive drinking persisted in the years after Covid arrived, according to a new data.

Science - The New York Times - Yesterday

Pandemic-era drinking increases persist, study shows

Alcohol is a leading cause of illness and death in the United States, and new research suggests an alarming increase in alcohol use since the pandemic is persisting. CBS News' Stephanie Stahl reports.

As the Pandemic Deepened, Americans Kept Drinking More

Excessive drinking persisted in the years after Covid arrived, according to new data.

Health - The New York Times - 9 hours ago

Renovating During the Pandemic: Patience Pays Off

A family needed more space but decided not to leave New York City. They bought a fixer-upper in Brooklyn and slowly went to work.

Lifestyle - The New York Times - 12 hours ago

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth. Business live – latest updates Global oil prices have tumbled by almost $3.50 a barrel ...

World - The Guardian - October 15

Luxury goods shares fall as China slowdown hits LVMH

Owner of Louis Vuitton and Dior brands reports 16% drop in third-quarter sales in Asia excluding Japan

Business - Financial Times - October 16

Brunello Cucinelli Backs Growth Targets as Sales Defy Luxury Slowdown

The fashion concern said its performance improved in both its retail and wholesale channels, with increased revenue across all its markets, in particular in the Americas.

Business - The Wall Street Journal - October 17

FirstFT: Harris calls on America to ‘turn the page’ on Trump

Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results

World - Financial Times - October 30

Prada continues to defy luxury slowdown as Miu Miu sales boom

Italian group bucks gloom but warns that conditions in Asia are becoming ‘more challenging’

Business - Financial Times - October 30

Why OpenAI Is Trying New Strategies to Deal With an AI Development Slowdown

As quantum leaps in AI capabilities get harder to pull off, the market leader is pivoting to progress. Meanwhile, Elon Musk’s Grok AI may be opening to more X users.

Business - Inc. - Yesterday

China's industrial profits plunge at fastest pace since the pandemic

The country's industrial profits declined 27.1% year-on-year in September.

Business - CNBC - October 28

BP reports lowest quarterly profit since pandemic on weak oil prices

Energy group pledges to review share buyback plan in February after latest $1.75bn repurchase

Business - Financial Times - October 29

Despite Covid ‘Amnesia,’ the Pandemic Simmers Beneath the 2024 Race

Dueling Trump and Harris rallies outside Atlanta offer a case study in how anger and anxiety over Covid-19, a proxy for the larger debate over trust in government, have shaped the 2024 race.

Health - The New York Times - October 29

A big pandemic-era IOU is coming due after the U.S. election

Major U.S. companies will need to refinance some $250 billion in low-coupon bonds issued in 2020. Tax policy is up for grabs in the election.

Business - MarketWatch - October 29

Murders Surged in the Pandemic. Now in Many Cities That Surge Is Gone.

A huge drop in 2023 has been followed by an even greater improvement so far this year.

Top stories - The New York Times - November 2

Ghost of pandemic haunts US election with win for anti-vax movement

Robert F Kennedy Jr, vaccine skeptic and conspiracy theorist, says Trump promised him control of health policy. Donald Trump will be propelled to the White House for a second term amid concerns ...

World - The Guardian - 5 days ago

UK home sales still below pre-pandemic levels

Pricier mortgages in recent years have a knock-on effect on property transactions

World - Financial Times - 3 days ago

AeroGarden, a Pandemic-Era Phenomenon, Is No More. What Happens Next?

The hydroponic plant-growing company is shutting down. Here’s what to expect growing forward if you own any AeroGarden devices.

Tech - Wired - Yesterday

Vaccine opponent sentenced to 5 years for encouraging terrorism during pandemic

An opponent of vaccines who wrote social media posts urging violence against scientists, politicians and public health officials during the COVID-19 pandemic has been sentenced to five years in prison

World - ABC News - Yesterday

Americans' increased pandemic drinking lasted for years, study finds

Pandemic-prompted drinking persists, according to a new study that shows a continued increase in alcohol use.

Excessive drinking inches higher after pandemic increase: Research

Excessive drinking continued increasing in 2022, after rising during the worst of the COVID-19 pandemic, according to a new study that was released on Tuesday. The study, published in the Annals ...

Politics - The Hill - 4 hours ago

Louis Vuitton owner LVMH reports surprise sales drop amid China slowdown

Shares in LVMH, which also owns Dior, Tiffany and Moët & Chandon, fell by as much as 7%, briefly hitting two-year low. Shares in luxury goods brands slumped after Louis Vuitton ’s LVMH reported an ...

World - The Guardian - October 16

10-, 30-year Treasury yields drop again after GDP data opens door to Q4 slowdown

Yields on long-dated Treasurys closed lower on Wednesday after a weaker-than-expected reading on third-quarter U.S. economic growth gave way to the possibility of another slowdown in the final ...

Business - MarketWatch - October 30

Outbreaks of Marburg virus, Mpox and avian flu underscore need for reset of pandemic preparedness, report says

A new report warns world leaders that they are not fully prepared for the next global pandemic.

Business - MarketWatch - October 14

Holiday sales growth could slow to pre-pandemic levels, retail group says

U.S. holiday-season spending is likely to hit another record, a major retail-industry group said Tuesday, but it added that sales growth is likely to slow as consumers continue to grapple with ...

Business - MarketWatch - October 16

United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback

United Airlines said it authorized a $1.5 billion share buyback, its first share repurchase since before the Covid-19 pandemic.

Business - CNBC - October 16

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