Month : April 2023
Amazon stock dips as uncertain cloud outlook overshadows revenue beat
Amazon reported first-quarter sales on Thursday that beat analysts’ estimates....
U-turn on UK government plan to scrap or revise all EU law
Fury among Eurosceptics at news that large sections of Brussels legislation will stay on statute books...
Where Did Americans’ Savings Go?
The trillions in excess personal savings built up in the pandemic are beginning to vanish amid high inflation, according to Federal Reserve economists. The monthly...
U.S. GDP rose at a 1.1% pace in the first quarter as signs build that the economy is slowing
Gross domestic product was expected to increase at an annualized pace of 2% in the first quarter, according to Dow Jones....
US growth slowed sharply in first quarter as Fed pushed rates higher
GDP climbed 1.1% on annualised basis as consumers spent heavily in face of elevated inflation...