economic indicators

The pound sterling falls to a record low against the dollar |  CNN Business

The pound sterling falls to a record low against the dollar | CNN Business

CNN Business — The British pound fell to a new all-time high against the US dollar of $1.035 on Monday, falling more than 4%. The fall came at the opening of trade in Asia and Australia on Monday, extending a 2.6% decline from Friday – and boosting forecasts that the pound could plunge to parity …

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The pound sterling falls to a record low against the dollar |  CNN Business

The pound sterling falls to a record low against the dollar | CNN Business

CNN Business — The British pound fell to a new all-time high against the US dollar of $1.035 on Monday, falling more than 4%. The fall came at the opening of trade in Asia and Australia on Monday, extending a 2.6% decline from Friday – and boosting forecasts that the pound could plunge to parity …

The pound sterling falls to a record low against the dollar | CNN Business Read More »

Fed fight against inflation could cost 1.2 million US jobs |  CNN Business

Fed fight against inflation could cost 1.2 million US jobs | CNN Business

Minneapolis CNN Business — In its efforts to bring down historic inflation and cool the economy, the Federal Reserve has used multiple euphemisms to describe the potential impact on American jobs, from economic “pain” to “unfortunate costs” and a ” downturn in the labor market. The data, however, does not mince words. The Fed’s latest …

Fed fight against inflation could cost 1.2 million US jobs | CNN Business Read More »

UK tax cut gamble sends sterling plunging to new 37-year low |  CNN Business

UK tax cut gamble sends sterling plunging to new 37-year low | CNN Business

London CNN Business — A huge bet by the British government aimed at rescuing the economy from recession and boosting long-term growth sent the pound plummeting on Friday. Announcing the biggest tax cuts in 50 years while ramping up spending, Finance Minister Kwasi Kwarteng said the government needed a “new approach for a new era, …

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Home sales fell 20% in August from a year ago |  CNN Business

Home sales fell 20% in August from a year ago | CNN Business

Home sales fell for the seventh straight month in August as rising mortgage rates and stubbornly high prices pushed potential buyers out of the market. Sales of existing homes — which include single-family homes, townhouses, condominiums and co-ops — were down 19.9% ​​from a year ago and 0.4% from July, according to a report by …

Home sales fell 20% in August from a year ago | CNN Business Read More »

China's 'Lipstick King' Returns to Live Show After Mysterious Three-Month Disappearance |  CNN Business

China’s ‘Lipstick King’ Returns to Live Show After Mysterious Three-Month Disappearance | CNN Business

hong kong CNN Business — One of China’s most popular live streamers quietly resurfaced online on Tuesday night after a three-month absence linked to his appearance with a tank cake in what many believed was an oblique reference to the massacre. from Tiananmen Square. On Tuesday evening, Li Jiaqi reappeared on Alibaba’s Taobao Live, a …

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