Friday’s blowout jobs report may have quieted claims that the U.S. is in a recession, but it did not end the mystery about the state of the economy or resolve questions about where it is headed. Government data showing the economy had contracted for the second consecutive quarter — meeting one informal definition of recession… Source:www.washingtonpost.com Original Image Link
Saudi Arabia will be one of the world’s fastest-growing economies in 2022. IMF Mission Chief for Saudi Arabia, Amine Mati, explains.
Learn more: https://bit.ly/3SVQvSc
Published: 17th Aug 2022 03:50:23 By: IMF
IMF Video: المملكة العربية السعودية: تحديث البلد لعام ٢٠٢٢
ستكون المملكة العربية السعودية واحدة من أسرع الاقتصادات نمواً في العالم في سنة ٢٠٢٢، يشرح رئيس بعثة صندوق النقد الدولي للملكة العربية السعودية، أمين ماطي
Мировая экономика переживает резкое замедление. Война в Украине, растущие цены на энергоносители и продовольствие и несбалансированность спроса и предложения усиливают инфляцию во всем мире. Узнайте о том, в какой степени это повлияет на мировой рост и что могут сделать директивные органы. IMF.org/WEO-jul22 #ПРМЭ
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Join the Director-General of WTO, CEO of Yara International, and Børge Brende as they discuss the trade outcomes of Davos as many countries face food security issues. Better aligned approaches and new cooperation are needed to address the growing food security and affordability crisis.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 17th Aug 2022 01:00:22 By: World Economic Forum
Davos Video: Balancing Globalization and Resilience in a Time of Crises | Davos | #WEF22
The Ukraine and COVID-19 crises have dealt a blow to the global economy’s highly interconnected wiring.
How can we balance the benefits and efficiency of the global movement of goods, services and ideas with more local production and resilience without over-correcting?
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 16th Aug 2022 01:00:30 By: World Economic Forum
Davos Video: The Diversity, Equity and Inclusion Outlook | Davos | #WEF22
Major shocks exacerbate divisions within and across countries, with every wave of disruption impacting vulnerable communities the most. How can governments and businesses prioritize diversity, equity and inclusion to deliver durable solutions to the most pressing social and economic challenges in the decade ahead?
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 15th Aug 2022 01:00:00 By: World Economic Forum
Davos Video: The Path to Decarbonizing Aviation | Davos | #WEF22
The aviation and aerospace industry represents about 2-3% of total human-generated carbon emissions, which is set to increase as people travel further and more frequently.
What are the industry-wide goals and standards needed for the sector to move towards a greener future?
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 14th Aug 2022 01:00:35 By: World Economic Forum
Davos Video: The Biggest Trade Deal in the World | Davos | #WEF22
In January 2022, the Regional Comprehensive Economic Partnership (RCEP) came into force, making East Asia home to the world’s biggest free trade agreement.
Against a global backdrop of rising protectionism and increasing trade tensions, what role can the RCEP play in reducing policy risks and promoting economic stability and integration?
This session was developed in partnership with Channel NewsAsia.
The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.
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Published: 12th Aug 2022 11:00:14 By: World Economic Forum
Economic Video: The meme stocks are back, at least for now, says WSJ's Banerji
Gunjan Banerji, WSJ, joins 'TechCheck' to discuss what she makes of the recent rally in meme stocks, what the current meme mania means for broader market and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 17th Aug 2022 04:55:59 By: CNBC Television
Economic Video: Fed anticipates further rate hikes ahead, needs to move to restrictive territory
CNBC's Steve Liesman reports on the minutes from the last Federal Reserve meeting where the central bank raised the federal funds rate by 75 basis points. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi
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Published: 17th Aug 2022 08:56:15 By: CNBC Television
Economic Video: Company owned by Rick Ross' family ordered to pay back wages, penalties for wage & child labor viola
The U.S. Department of Labor says the franchise operator of 5 Wing Stops had illegally deducted money from workers' wages and violated child labor regulations.
Published: 17th Aug 2022 11:27:14 By: ABC24 Memphis
Economic Video: Stocks fall, but indexes volatile after Fed minutes
U.S. stocks closed lower on Wednesday, with indexes volatile after minutes from the Federal Reserve's meeting in July suggested policymakers may be less aggressive than previously thought when they raise interest rates in September.
#Stocks #Fed #WallStreet #News #Reuters
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Dodge unveils a battery-powered Charger Daytona SRT concept car (Aug. 18)(AP video: Mike Householder)
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Published: 18th Aug 2022 04:26:43 By: Associated Press
Business Video: Work-from-home benefits and cheap rent. Major city is now a magnet for Americans
A growing number of Americans are crossing the southern border and making Mexico their new home. CNN's David Culver takes a look at the cause and effect of Americans settling in Mexico City. #CNN #News
Published: 16th Aug 2022 01:32:21 By: CNN
Business Video: Peak inflation debate, electric vehicle tax credits and Elon's tunnel vision: Welcome to 'Nightcap'
CNN’s Allison Morrow tells “Nightcap’s” Jon Sarlin that even though inflation is cooling, prices are still painfully high. Plus, CNN’s Peter Valdes-Dapena explains complicated new tax credits for electric vehicles. And New York Magazine’s Alissa Walker calls Elon Musk’s Boring Company “his biggest boondoggle.”
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Published: 11th Aug 2022 08:00:06 By: CNN
Business Video: What could be next for Alex Jones? One lawyer's take
Dave Aronberg, State Attorney for Palm Beach County, Florida, weighs in on what's next for Alex Jones following the $45.2 million punitive damages verdict against him. #CNN #News
Published: 6th Aug 2022 02:59:06 By: CNN
Business Video: NASA halts spacewalks after water leaked into astronaut's helmet
NASA is halting all spacewalks at the International Space Station over concerns about the safety of decades-old spacesuits after water leaked into one astronaut's helmet while working outside the station. CNN's Kristin Fisher reports. #CNN #News
Published: 6th Aug 2022 01:11:24 By: CNN
Business Video: ‘I Wanna Be the Next SNL Cast Member!’ creator Jake Novak speaks out
Jake Novak is an actor and performer who posted a video on TikTok pitching himself to “Saturday Night Live” creator Lorne Michaels. But TikTok infamy came calling instead. Nightcap’s Jon Sarlin talks with Jake Novak about the dark realities that come with unwanted viral attention.
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TikTok's ties to China are once again under fire in Washington. Here's why
By Catherine Thorbecke, CNN Business
Two years after then-President Donald Trump said he would ban TikTok in the United States through an executive order, the short-form video platform is once again under scrutiny in Washington. And the underlying issue remains largely the same: TikTok's ties to China through its parent company, Bytedance.
A growing number of US lawmakers are calling for the Biden administration to take action against TikTok, citing apparent national security and data privacy concerns. The criticism stems from a Buzzfeed News report in June that said some US user data has been repeatedly accessed from China. The reporting cited leaked audio recordings of dozens of internal TikTok meetings, including one where a TikTok employee allegedly said, "Everything is seen in China."
Read more at: https://www.cnn.com/2022/08/02/tech/tiktok-lawmakers-explainer/index.html
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'SNL' took on TikTok with brutal accuracy
By Megan Thomas, CNN
TikTok served as a source of hilarious fodder on this weekend's episode of "Saturday Night Live."
The show satirized people TikTok-trying-way-too hard on the social media platform and it was was brutally accurate.
The video sketch started with a text from a dad (Alex Moffat) asking his teenager to take out the trash, but they're lost in their feed. What follows is an only slightly exaggerated four-minute scroll through TikTok.
Read more at: https://www.cnn.com/2021/12/12/entertainment/snl-tiktok-sketch/index.html
Published: 5th Aug 2022 09:15:35 By: CNN
Markets Finance Video: Principal's Shah: Market to Rally Until Powell Speaks
Seema Shah, chief global market strategist at Principal Global Investors, says she doubts the sustainability of the recent equity markets rally driven by investors "ignoring" bearish policy comments from Federal Reserve officials. "I think you need to bring the big guns out. We need (Fed Chair) Powell to come out and speak. So until he speaks I think the market rally can keep going," Shah says on "Bloomberg Markets: European Close."
Published: 11th Aug 2022 05:22:51 By: Bloomberg Markets and Finance
Markets Finance Video: Has Inflation Peaked? | Bloomberg Surveillance 08/11/2022
Tom Keene, Jonathan Ferro and Lisa Abramowicz have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment, and talk with the leading voices shaping the conversation around world markets. This show is simulcast worldwide on Bloomberg Television and Radio.
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Published: 11th Aug 2022 05:17:21 By: Bloomberg Markets and Finance
Do you buy this rally? That was Thursday's question of the day posed by Alix Steel and Guy Johnson to Todd Sohn, Strategas Technical Strategist, on "Bloomberg Markets: Americas." Strategas is a Baird Company.
Published: 11th Aug 2022 09:09:13 By: Bloomberg Markets and Finance
Markets Finance Video: Goldman's Courvalin: Oil Prices To Rise
Damien Courvalin, Goldman Sachs Head of Energy Research, spoke with Alix Steel and Guy Johnson on "Bloomberg Markets: Americas" on Thursday morning. He feels oil prices are set to rise.
Published: 11th Aug 2022 09:42:37 By: Bloomberg Markets and Finance
Markets Finance Video: JPMorgan's Kelly: I Buy This Rally
David Kelly, JPMorgan Asset Management Chief Global Strategist, joined "Bloomberg Markets: Amereicas" with Alix Steel and Guy Johnson on Thursday morning. Kelly says he buys the current market rally and feels inflation is transitory.
Published: 11th Aug 2022 09:37:41 By: Bloomberg Markets and Finance
Thu, 11 Aug 2022 16:08:00 GMT GDP or Gross Domestic Product is one of the most important tools for looking at how well, or badly, an economy is doing. It's a measure - or an attempt ... If GDP is falling, then the economy is ...
Thu, 11 Aug 2022 08:00:00 GMT The numbers are looking a little better for President Joe Biden: Inflation is down, though still high, and jobs are up despite shrinking gross domestic product. This has translated into a slight ...
Sun, 07 Aug 2022 02:00:00 GMT Gross domestic product declined for a second straight quarter in the April-June period, the government reported last week, cueing a debate about whether the U.S. is in a recession. For the current ...
Sat, 06 Aug 2022 13:41:00 GMT “It isn’t just that the economy is growing in one measure and shrinking in another. It’s growing incredibly strongly in one measure while shrinking at a pretty decent clip in another.
Thu, 04 Aug 2022 08:49:00 GMT Only a minority of economists correctly predicted that the US economy would contract last quarter. The number who expect it to keep shrinking in the current period is even smaller. Gross domestic ...
