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Showing posts with the label Macromatters

Big-box retailers face reduced profits amidst imminent recession.

Discounters and travel providers have seen strong demand from US consumers even as the prospect of a recession gets closer. But for the big-box retailers, times are likely to remain tough, according to S&P Global Ratings Retail and Restaurant Director, Diya Iyer. #SectorsUpclose #retail #News #Reuters #newsfeed #bigbox #recession #inflation Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The retail industry is facing tough times as the world economy braces for an impending recession. Big-box retailers, in particular, are feeling the effects of the slowdown, w...

Euro zone experiences unanticipated expansion, avoids downturn.

The euro zone eked out growth in the final three months of 2022, avoiding a recession even as sky-high energy costs, waning confidence, and rising interest rates took a toll on the bloc's economy. #News #Reuters #newsfeed #EU #Economy Subscribe: Reuters brings you the latest business, finance and breaking news video from around the globe. Our reputation for accuracy and impartiality is unparalleled. Get the latest news on: Follow Reuters on Facebook: Follow Reuters on Twitter: Follow Reuters on Instagram: ... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The euro zone economy has managed to avoid a recession, with the surprise growth in the fourth quarter of 2019, according to data from Eurostat, the European Union's statistical agency. The economy of the 19-country bloc grew by 0.1 percent between October and December. This m...