China's deflation will soon be exported to the rest of the world, as the country is the world's largest factory, making it a price-maker.
The Hong Kong government was quick to blame the pandemic for the city's drop in international competitiveness.
However, the cause must be searched in factors like the national security law Beijing imposed to suppress the pro-democracy movement and exercise control over the semi-autonomous region of Hong Kong.
Zimbabwe's inflation was running at an annual rate of 176% in June, while interest rates stand at 150%. That makes experts skeptical about the rally in Zimbabwe's equities, warning investors of the potential risks.
With the advent of artificial intelligence (AI), manufacturing finance is undergoing a remarkable revolution, enabling organizations to make more informed decisions, improve operational efficiency, and drive sustainable growth.
That isn't the first time the Japanese economy has shown signs of life. These signs appeared several times over the last three decades but eventually faded, pushing the world's third-largest economy from one swamp of stagnation to another.
Unlike Starbucks, which strives to keep its employees from unionizing, Espresso House has a labor union representing its 7000 employees.
From scorching temperatures in Texas to blistering heat waves in various regions around the globe, these extreme weather events are exacerbating the risk of blackouts and highlighting the critical importance of energy conservation and demand response measures.
The consensus forecast among economists is that the U.S economy added 250,000 jobs in June, down from 339,000 in May.
Since the Great Recession, China's annual GDP growth has slowed, from around 14% in 2007 to about 4.5% recently, below the official targets. China's economic slowdown is partly a numbers game. High growth numbers are harder to sustain as economies grow in size.
As news continues to pile in around grid failures and more communities struggle to move forward with their energy transition because of grid delays, it is clear that new technology solutions are critical.
AI systems will ease labor shortages, raise productivity, and fuel supply-side growth, solving the inflation problem.
By 2023, the U.S. dropped to the 9th position on the IMD's World Competitiveness Ranking, while Denmark made it to the top of the list.
Organizational change can be a storm. It can be fast, furious, and fearful. If introduced too swiftly, absent expressed vision and bereft of clear path, we feel intimated and run for cover.
To mitigate the damage and encourage drugmakers to continue to fund new treatments, Congress allowed new medicines to be exempt from price controls for a fixed period of time.
With inflation falling to its lowest level in nearly two years, consumers are publicly criticizing what they perceive to be questionable retail practices.
AI systems will take the fast-food sector by storm, replacing workers from one task to another, taking orders from customers, placing orders for suppliers, and processing payments.
Political analysts expect the New Democracy Party to win the elections, though it may not get enough votes to form a new government.
If America really cares about mothers, it needs to step up and act like it and start changing policies, beginning with creating maternal/parental leave.
The FDA's accelerated approval program expedites the release of new drugs to treat serious conditions.
Massively investing in tech innovation is easy for China because the Chinese Communist Party and Government control major investments.
Saudi Arabia's and Russia's power to set oil prices may have surprised some, as the U.S, not Saudi Arabia, is the world's largest oil producer these days.
The restrictions have stirred up much controversy over the impact they will have on Beijing's bid to make the great leap forward from imitation to innovation.
The failure of the two banks raised the speculation of an imminent credit crunch that would slow down lending and spending across the economy, easing further inflation pressures in the months ahead.
Apple's EVA is currently standing at 30.18%, up from 7% in 2017, while Google's EVA is currently at 22%, up from 9% over the same period.
More than seven in 10 consumers (73%) report they would now stick with private-label brands regardless of price.
The market has rallied whenever Chairman Powell has publicly spoken, seemingly hearing what it wants to hear. And it has consistently priced in future rate cuts.
From the aftermath of the COVID pandemic, to economic recession, growing inequality and the grim inevitability of climate change, many issues weigh on the minds of young people.
There is a growing conviction that the recall of EU ambassadors and the closure of Western embassies in Tehran, followed by the expulsion of all Iranian diplomatic staff and their cohorts from Europe and the U.S., would be a more forceful response to the regime's barbarity.
The rapid advancement of Generative AI has led to companies rushing in, researching it and applying the tech to film, art, and literature.
While the aviation industry has successfully embraced AI and data solutions in recent years, solutions are lagging when it comes to customer service and communications.