Wall Street Journal (May 27)
“America’s travel resurgence is finally here… Despite worries over persistent inflation, banking-sector woes and the debt-ceiling standoff, people are probably going to be spending a lot of time, and money, on trips. This should provide some support for the economy in the months ahead.”
Tags: Banking sector, Debt-ceiling standoff, Economy, Money, Persistent inflation, Resurgence, Spending, Support, Time, Travel, Trips, U.S., Woes, Worries
Reuters (January 28)
“A growing number of Chinese construction and decoration companies are writing off assets or issuing profit warnings as debt woes at China Evergrande Group and other property developers debilitate their suppliers.” Despite government measures “to ease developers’ liquidity stress and support the cooling economy, recent data suggests the problem will get worse.”
Tags: Assets, China, Companies, Construction, Debt, Evergrande, Government, Liquidity, Profit warnings, Property developers, Suppliers, Woes
Wall Street Journal (July 30)
“The retail industry’s woes are often blamed on e-commerce and an excessive number of brick-and-mortar stores. Creditors are now targeting another potential culprit: private-equity investors.”
Tags: Blame, Brick-and-mortar, Creditors, Culprits, E-commerce, Private-equity investors, Retail, Stores, Woes