New York Times (September 6)
“When the federal government last month reported a sharp decline in the nation’s hiring, President Trump dismissed the numbers, claiming without evidence that they were “rigged,” and then ousted the official responsible for producing them.” This month’s jobs report was even worse, confirming “the reality that Mr. Trump has been trying to avoid. The labor market is stalling—and the nation is facing real strains—under the weight of his economic agenda.” His administration will try to deflect, but “the numbers mostly reflect what Americans already know.” Consumer sentiment has weakened in anticipation of tariff-linked inflation while “surveys show that workers are worried about holding onto their jobs and pessimistic about their chances of finding a different one.”
Tags: Consumer sentiment, Federal government, Hiring, Inflation, Jobs report, Labor market, Rigged, Sharp decline, Stalling, Strains, Tariffs, Trump, Weakened, Workers, Worried
Washington Post (February 2)
The emerging new strains of the novel coronavirus “are a powerful reminder that we must remain vigilant in fighting the virus, even as vaccines promise an end to the pandemic. And they are a warning that if the world doesn’t bring the virus under control everywhere, this nightmarish pandemic could continue for years longer than it needs to.”
Tags: Control, Emerging, Fighting, Nightmarish, Novel coronavirus, Pandemic, Strains, Vaccines, Vigilant, Warning
New York Times (July 6)
“The financial strains from Britain’s vote to leave the European Union are starting to show, as worries ripple through the country’s real estate market” causing three real estate funds to suspend withdrawals. Ultimately, “the reverberations could test whether, since the global financial crisis, officials have put in place the necessary measures to protect the broader system from a shock.”
Tags: EU, Financial, Financial Crisis, Funds, Officials, Real estate, Reverberations, Strains, UK, Withdrawals
Reuters (April 28)
“Global shipments of smartphones shrank 3 percent in the first quarter from a year earlier in the market’s first year-on-year contraction on record…reflecting growing strains on the industry.” Q1 shipments dropped to 334.6 million devices from 345 million in 2015.
Tags: Contraction, Industry, Q1, Record, Shipments, Shrank, Smartphones, Strains
