The Guardian (November 26)
“The world’s major central banks are scratching their heads over how to deal with the rising cost of living. Raising interest rates now could deal a blow to the post-pandemic recovery. Wait too long, and inflation may spiral out of control.”
Tags: Central banks, Cost of living, Inflation, Interest rates, Post-pandemic, Recovery, Rising, Spiral, Wait
New York Times (July 20)
“One reason U.S. investors are nervous is the price of oil, which dropped nearly 8 percent on Monday. Rising oil prices had been seen as a sign of a strong global rebound. The sharp decline…suggests that the global demand for oil, and therefore economic activity, could be lower than thought.”
Tags: Decline, Dropped, Economic activity, Global demand, Investors, Nervous, Oil prices, Rebound, Rising, U.S.
Philadelphia Inquirer (July 29)
“Philadelphia’s ban on indoor dining will continue until at least Sept. 1.” In the metropolitan region, “new daily case numbers and averages keep rising…. That means progress made in May and June in flattening the curve of infections appears to be eroding.”
Tags: Ban, Case numbers, Curve, Eroding, Flattening, Indoor dining, Infections, Metropolitan, Philadelphia, Progress, Rising
Miami Herald (July 5)
“It took three months, from early March to June 22, for Florida to cross 100,000 new confirmed COVID-19 cases. It took less than two weeks for the state to go from 100,000 to 200,000 cases — and the positive test rate keeps rising.” On Sunday, Florida’s pandemic cases rose to 200,111 and 3,832 deaths. Florida has become the daily new case leader, but lags New York in overall cases.
Tags: Cases, Confirmed, COVID-19, Deaths, Florida, June, March, Pandemic, Positive test rate, Rising
Bloomberg (May 11)
“It’s not making headlines yet, but wages in Japan are rising the fastest in decades, in a shift that’s poised to divide the nation’s companies — and their stocks — into winners and losers…. Consumer-focused sectors with low salary bills as a percentage of revenue are best positioned. Logistics and some health-care companies will be most negatively impacted,” according to a report from Morgan Stanley.
Tags: Consumers, Healthcare, Japan, Logistics, Morgan Stanley, Revenue, Rising, Stocks, Wages
