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Detroit's Auto Giants Reel As UAW Strikes Bite Hard

Sep 22, 2023 at 08:15 | ZeroHedge

One week ago, when previewing the three events that are about to slam U.S. GDP in the tail end of the 3rd and the 4th quarter (including the…

UK Infrastructure Investment Is Falling Behind

Sep 15, 2023 at 08:45 | City A.M

The UK has only been able to replace a third of public investment – and just an eighth of infrastructure investment – since leaving the European Union (EU),…

Hurricane Season Stirs Supply Chain Concerns For U.S. Shippers

Sep 11, 2023 at 08:36 | ZeroHedge

No one wants a hurricane to make landfall. Among nature’s most damaging events, hurricanes that hit land in the United States usually cause death, destruction and misery. They…

Germany Grapples With Unprecedented Trade Deficit Amid Russian Energy Crisis

Sep 08, 2023 at 08:41 | Felicity Bradstock

Germany is facing severe challenges as its manufacturing output drops, forcing it to import more goods, with strong economic repercussions. Much of this stems from Germany’s reliance on Russian energy,…

Beijing Unveils Massive $40 Billion Fund To Boost Chipmaking

Sep 08, 2023 at 08:37 | ZeroHedge

It looks as though the competition in semiconductors between the U.S. and China is only getting started. And hey, when it doubt: nationalize the industry! That…

From Boom To Gloom: China's Economic Momentum Dips

Sep 05, 2023 at 08:19 | ZeroHedge

Forecasts for China’s 2023 and 2024 economic growth have been slashed on Wall Street over the past few weeks. The world’s second-largest economy now risks missing Beijing’s own…

Shipping Woes Ease As Rates Drop To Pre-Pandemic Levels

Aug 30, 2023 at 08:22 | Stuart Burns

Via Metal Miner Buyers who depend on imports for semi-finished materials or finished components will undoubtedly cheer the recent fall in freight rates.…

Is Beijing Losing Control Of Its Economy?

Aug 29, 2023 at 08:36 | Metal Miner

Via Metal Miner Many speculate that China’s slowdown will not only undermine metal prices but also put China at risk of experiencing a…

London’s Listing Exodus Threatens Its Status As Global Financial Hub

Aug 28, 2023 at 09:09 | City A.M

London’s status as a global financial hub may not be at risk – yet – but its equity markets are certainly out of favour with the wider world.…

Used Car Prices Inch Upwards In August, Reigniting Inflation Concerns

Aug 18, 2023 at 09:14 | ZeroHedge

Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new data for the first 15 days of August that shows wholesale used-vehicle prices…

Bitcoin Crashes Amid A Wave Of Bearish News

Aug 18, 2023 at 09:04 | ZeroHedge

Call it the Bloomberg jinx. One day after the billionaire failed presidential candidate and media mogul's outlet published a report that "Bitcoin’s Extreme Volatility Vanishes Amid ‘Extreme Apathy and…

Russia's Rouble Crisis: Central Bank Hikes Rates To 12%

Aug 15, 2023 at 08:17 | ZeroHedge

Russia's central bank unexpectedly hiked its key interest rate by 350 basis points to 12% on Tuesday, an emergency move to try and halt the rouble's recent plunge…

Economic Chill In China: Domestic Demand And Property Markets Waver

Aug 11, 2023 at 09:32 | City A.M

China’s already “tortuous” recovery from the Covid pandemic continued to stall today as fresh data indicated that domestic demand remained depressed.   Figures out this morning showed…

America's Credit Downgrade: A Sign Of The Times Or Tip Of The Iceberg?

Aug 08, 2023 at 08:25 | ZeroHedge

Last week, Fitch Ratings downgraded the US’s long-term credit rating from AAA to AA+. While the downgrade won’t significantly impact the US government’s…

Tesla Stumbles In China As Local Market Favors Home Grown Competitor

Aug 04, 2023 at 08:44 | ZeroHedge

Tesla sold 64,285 China-made electric vehicles for the month of July, down 31% from the month prior, according to data from the China Passenger Car Association, reported by 

Colombia’s Economic Woes Worsen As Cocaine Prices Plunge

Aug 03, 2023 at 08:31 | Matthew Smith

Surging cocaine production, which hit yet another annual record during 2021, makes Colombia the world’s top supplier of the illicit narcotic. The vast profits generated by…

What Really Caused The Inflation Crisis?

Aug 01, 2023 at 08:24 | City A.M

International supply chains were stretched by a combination of ports suddenly closing at short notice due to virus outbreaks, workers being forced to stay at home and unusually high goods…

Trans-Pacific Spot Rates Surge As Shipping Capacity Diminishes

Jul 26, 2023 at 08:20 | ZeroHedge

Shipping lines finally seem to be making some headway in managing vessel capacity in the Asia-U.S. trades. Spot rates have been on the rise for three…

Used-Car Prices On A Steady Decline As Inflation Cools

Jul 19, 2023 at 08:24 | ZeroHedge

Auto research firm Cox Automotive - the owner of the closely followed Manheim price index - published new high-frequency data for the first…

China’s Q2 Miss Sends Shivers Through Oil And Equities Markets

Jul 17, 2023 at 08:39 | ZeroHedge

US equity futures were flat, erasing a modest earlier gain, while European stocks and oil retreated as bonds rallied after the latest Chinese data dump delivered more evidence…

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