BERLIN—German consumer morale is projected to inch up in June after falling to a record low in May, but high inflation and the war in Ukraine continue to weigh on household spending, a survey showed on Wednesday. The GfK institute said its consumer sentiment index, based on a survey of around 2,000 Germans, rose slightly…
German Consumer Morale Darkens as Omicron Raises Spectre of Recession
BERLIN—German consumer morale will deteriorate further at the start of next year, a survey showed on Tuesday, as the COVID-19 pandemic and the rise of the Omicron variant push Europe’s largest economy to the brink of a recession during the winter. The Nuremberg-based GfK market research institute said its consumer sentiment index, based on a…
German Consumer Morale Brightens Heading Into October: GfK
BERLIN—The mood among German consumers brightened unexpectedly heading into October to reach its highest level in a year and a half, a survey showed on Tuesday, in a sign that households continue to support the recovery in Europe’s largest economy. The GfK institute said its consumer sentiment index, based on a survey of around 2,000…
US News
- Epoch VideoSenate Majority Leader Chuck Schumer (D-N.Y.) holds a press conference at 10:45 a.m. ET on Feb. 7. The Epoch Times will livestream the event. [...]
- Matthew VadumThe Thirteenth Amendment, which abolished slavery, may protect abortion as a federal right, a federal judge said on Feb. 6 in an ongoing prosecution of pro-life activists charged with conspiracy… [...]
- Jack PhillipsA study published this week found that regular vitamin D supplementation may lower the risk of Type 2 diabetes among millions of adults who have prediabetes. A team of researchers… [...]
- The Associated PressSEATTLE—Boeing plans to make staffing cuts in the aerospace company’s finance and human resources departments in 2023, with a loss of around 2,000 jobs, the company said. “We expect about… [...]
- Beth BreljeNaval Lieutenant Levi Beaird, a Texan from Fort Worth, was surprised to learn that Sen. Ted Cruz (R-Texas) invited him to attend the State of the Union address. Beaird hopes his… [...]
- Epoch VideoThe House Oversight and Accountability Committee holds a hearing at 10:00 a.m. ET on Feb. 7, “On The Front Lines of the Border Crisis,” with testimony from Customs and Border… [...]
- Frank Fang, Eva FuPentagon’s own admission on Feb. 6 of an “awareness gap” regarding previous Chinese balloon incursions in U.S. airspace has drawn concerns from Republican lawmakers. “If the CCP [Chinese Communist Party]… [...]
LIVE NOW: House Armed Services Committee Holds Hearing on Pressing Threat of Chinese Communist Party- Epoch VideoU.S. House of Representatives Armed Services Committee holds a hearing at 10 a.m. ET on Feb. 7 on “The Pressing Threat of the Chinese Communist Party to U.S. National Defense.”… [...]
- Tom OzimekAmid growing bipartisan uproar over Beijing’s violation of U.S. sovereignty, a Chinese spokesperson issued a veiled threat vowing that Beijing would “resolutely safeguard its legitimate rights and interests” over the Pentagon’s… [...]
- Epoch VideoU.S. House Republican leaders hold a press conference at 10:15 a.m. ET on Feb. 7, before President Joe Biden’s State of the Union address. The Epoch Times will livestream the… [...]