April saw a 0.5 percent rise in house prices in Britain, in the first surge since August 2022. However, financial experts have argued that Britons should expect a “fairly pedestrian” upturn in the housing market, if any, owing to the ongoing imbalance between low wages and rising inflation. Nationwide Building Society, a British mutual financial…
CDC Probe Finds Gold Medal Flour Was Source of Recent Salmonella Outbreak
Investigators for the Centers for Disease Control and Prevention (CDC) found that Gold Medal Flour, manufactured by General Mills, was the source of a recent salmonella outbreak in several U.S. states. The salmonella outbreak infected at least 13 people in 12 states between Dec. 6, 2022, and March 1, 2023, the CDC announced on May…
Further Fed Rate Hikes Will ‘Trigger Severe Recession,’ Warns Musk
Industrialist Elon Musk is warning that the United States is already in a recession that could turn “severe” with even more rate hikes by the Fedeeral Reserve, pointing to bank failures as proof of a stressed-out economy. “Fed data has too much latency. Mild recession is already here,” Musk stated in a tweet on April 30. The…
Top Banks Could Be Liable for Jeffrey Epstein Sex Trafficking: Judge
Two banks and a bank executive could be liable for Jeffrey Epstein’s sex trafficking, a judge has ruled. Plaintiffs have presented enough evidence that JPMorgan Chase, longtime JPMorgan executive Jes Staley, and Deutsche Bank could be liable for Epstein’s sex trafficking, U.S. District Judge Jed Rakoff said on May 1 as he rejected motions to dismiss cases…
Major Banks Could Be Liable for Jeffrey Epstein Sex Trafficking: Judge
Two major banks and a bank executive could be liable for Jeffrey Epstein’s sex trafficking, a judge has ruled. Plaintiffs have presented enough evidence that JPMorgan Chase, longtime JPMorgan executive Jes Staley, and Deutsche Bank could be liable for Epstein’s sex trafficking, U.S. District Judge Jed Rakoff said on May 1 as he rejected motions to dismiss…
China Shows Strength, But Questions Remain
May 2, 2023
admin
Business & MarketsBusiness ColumnistsChinaeconomic growthfirst quartergross domestic product (GDP)OpinionThinking About China
0 Comment
Commentary Beijing reported that the country’s real gross domestic product (GDP) grew in this year’s first quarter by 4.5 percent over the first quarter of 2022. That is a vast improvement over the 2.9 percent growth reported for the fourth quarter of last year. Because Beijing rescinded its draconian zero-COVID policy last January, most forecasters…
UK Food Prices Soared 15.7 Percent in April but Predicted to Fall in Coming Months
Food inflation in the UK reached 15.7 percent in April, the highest on record, but business experts say food prices should begin to fall in the coming months. According to the latest BRC-NielsenIQ shop price index, food inflation rose to 15.7 percent last month from 15 percent in March. The inflation was even higher for…
This Is a Bailout, Not a Market-Based Acquisition
Commentary The weekend brought us the news that JPMorgan bought the failing First Republic bank, with numbers that are truly mind-boggling and further shore up JPMorgan’s megabank status. For many readers, this came across as fancy high finance and nothing much to concern us, especially since the numbers are essentially incomprehensible to the regular person….
The Unreported Tucker Carlson Story
Commentary The business of cable news and commentary isn’t just business; it goes to the core of how the First Amendment operates in the 21st century. Fox’s most popular primetime host, Tucker Carlson, was shown the door a week after Fox settled with Dominion Voting Systems for $787.5 million in a defamation suit. Texts from…
ANALYSIS: Six Theories About Why Tucker Carlson Left Fox News
May 2, 2023
admin
Business & Marketscancel cultureCompaniesFeatured TopicsMedia & Big TechTucker CarlsonUSUS FeaturesUS News
0 Comment
News Analysis On April 24, Fox News released a statement saying, “FOX News Media and Tucker Carlson have agreed to part ways.” No reason was given. Since then, a flurry of theories has dominated the headlines. While Fox gave no reason for Carlson’s departure, it also didn’t say Carlson was “fired.” According to an April 28 report by 19FortyFive,…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta