SAN FRANCISCO—The chief executive of Lucid Group Inc on Wednesday expressed concern about chip supplies from China due to COVID-19 pandemic-related lockdowns, adding that the U.S. electric vehicle startup is taking measures to mitigate the impact. “My biggest concern probably is semiconductors from China and the impact of COVID in that part of the world,”…
Lucid CEO Concerned About Chip Supplies From China Due to COVID Lockdown
May 11, 2022
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Business & EconomyBusinesses in COVID-19CCP VirusChinaChina Business & EconomyLucidSpecial Topicszero-COVID
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Canada’s Home Builders Grow in Confidence, Say Industry’s Success Needs Municipal Cooperation
May 11, 2022
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Business & EconomyCanadaCMHCCompaniesGlobal Real Estatehome buildingHousing Affordability FundMunicipalitiesNIMBYreal estateWorld
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Home builders in Canada have their work cut out to increase the housing supply and ease the affordability crisis, and industry participants also point to municipal-level cooperation as being critical to the solution. Home builders’ confidence is growing despite supply chain and labour challenges, according to the first-quarter release of the Canadian Home Builders’ Association…
German Inflation Hits Record High at 7.4 Percent, Driven by Price Increases in Food and Energy
Inflation levels in Germany reached their highest level in more than 40 years in April 2022, according to figures released on May 11 by the country’s Federal Statistical Office, also known as Destatis. Annual inflation grew 0.1 percentage point to 7.4 percent, up from 7.3 percent in March, marking the second month in a row of record…
Only 8 Percent of Manhattan Office Employees Are Back in the Workplace Full Time: Study
Just 8 percent of Manhattan office workers have returned to the office five days a week for in-person work, according to data published on May 9 by the nonprofit organization Partnership for New York City. Partnership for New York City, a business advocacy group, surveyed more than 160 major employers in the Manhattan borough of New York City from…
US Annual Inflation Rate Dips to 8.3 Percent, Remains Near 40-Year High
The U.S. annual inflation rate slipped to 8.3 percent, higher than the market forecast of 8.1 percent. This is the first time the consumer price index (CPI) has fallen year-over-year since August 2021. While inflation has slowed from its March peak of 8.5 percent, it remains near 40-year high levels. According to data from the…
Annual Inflation Rate Slows to 8.3 Percent But Remains Near 40-Year High
The U.S. annual inflation rate slipped to 8.3 percent, higher than the market forecast of 8.1 percent. This is the first time the consumer price index (CPI) has fallen year-over-year since August 2021. While inflation has slowed from its March peak of 8.5 percent, it remains near 40-year high levels. According to data from the…
Inflation Rate Slows to 8.3 Percent but Remains Near 40-year High
The U.S. annual inflation rate slipped to 8.3 percent in April, higher than the market forecast of 8.1 percent. This is the first time the consumer price index (CPI) has fallen year-over-year since August 2021. While inflation has slowed from its March peak of 8.5 percent, it remains near 40-year high levels. According to data…
Inflation Rate Slows to 8.3 Percent, Remains Near 40-Year High
The U.S. annual inflation rate slowed marginally to 8.3 percent in April, higher than the market forecast of 8.1 percent. This is the first time the consumer price index (CPI) has fallen year-over-year since August 2021. While inflation has declined from its March peak of 8.5 percent, it remains near a 40-year high. According to…
US Annual Inflation Rate Dips to 8.3 Percent, Higher Than Expectations
The U.S. annual inflation rate slipped to 8.3 percent, higher than the market forecast of 8.1 percent. This is the first time the consumer price index (CPI) has fallen year-over-year since August 2021. According to data from the Bureau of Labor Statistics (BLS), the core inflation rate, which excludes the volatile food and energy sectors,…
Dorsey Agrees With Musk on Trump’s Twitter Ban
May 11, 2022
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Big Tech, Censorship, and SocialismBusiness & EconomyCompaniesDonald TrumpElon MuskFeatured TopicsJack DorseyMedia & Big TechPoliticsSocial MediaTechTech NewsTwitter banUSUS News
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Twitter co-founder Jack Dorsey said he backs Tesla CEO Elon Musk’s plan to reinstate former President Donald Trump’s account on the platform, calling the move to ban Trump a “business decision” and a “failure.” Musk suggested on Tuesday he would overturn Trump’s suspension from Twitter if his takeover bid for the social media platform ends…
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