Month : August 2022
China cuts lending rate as economic data disappoint and Covid cases rise
Central bank intervenes as world’s second-biggest economy suffers lockdowns and property market malaise...
China’s consumer and factory data miss expectations in July
Investment into real estate fell at a faster pace in July than June, while investment into manufacturing slowed its pace of growth....
Truss wants to make No 10 ‘economic nerve centre’ if she becomes PM
Tory frontrunner rules out splitting the Treasury but wants more say over policy...
Elon Musk says Tesla has made over 3 million cars
“Congrats Giga Shanghai on making millionth car! Total Teslas made now over 3M,” Musk tweeted....
The Other Reason Why Food Prices Are Rising
The United Nations’ worst-case scenario calculation is that food prices will rise by an additional 8.5% by 2027. Part of those higher costs is due...
US lawmakers draw battle lines over search of Trump home
Democrats want ‘damage assessment’ on seized documents while Republicans question FBI action...
The Motor City is moving south as EVs change the automotive industry
Automakers are investing in towns across the American South. The new plants bring tax and workforce advantages as the industry moves toward EVs....
