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Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise - here's why it's the latest issue rocking markets

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets

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Economists are beginning to worry about the sustainability of high debt levels as global interest rates rise sharply. A credit crunch could fuel “the mother of all economic crises”, warned Nouriel Roubini last week. Some experts have compared the current situation to the structural problems that triggered the financial crash of 2008. Loading Something is …

Economists like Nouriel Roubini are starting to worry about a US debt crisis as interest rates rise – here’s why it’s the latest issue rocking markets Read More »

GLOBAL MARKETS - Stocks fall, yields rise as inflation data sends mixed signals

GLOBAL MARKETS – Stocks fall, yields rise as inflation data sends mixed signals

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(Add comment, US markets close) * U.S. producer prices rise in November * Rate hike worries keep Wall Street under wraps * Crude prices set for 10% weekly loss By Herbert Lash and Carolyn Cohn NEW YORK/LONDON, Dec 9 (Reuters) – Treasury yields rose and Wall Street stocks fell on Friday after U.S. producer price …

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The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

The S&P 500 and the Nasdaq chain losses following the rise in unemployment insurance claims

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Weekly jobless claims rise in line with estimates Moderna and Pfizer in place as FDA clears updated COVID boosters Exxon climbs after strengthening its buyback program Indices up: Dow 0.55%, S&P 0.75%, Nasdaq 1.13% Dec 8 (Reuters) – The S&P 500 (.SPX) ended higher on Thursday, ending a five-game losing streak as investors interpreted data …

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The shoe market is growing steadily in the years to come: know how big it is? - Report available on Douglas Insights

Iron Supplements Market Forecast to Rise Over Next 6 Years – Report Available on Douglas Insights

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Douglas Insights ACGrace, Twinlab, NovaFerrum, Ferro Sequels, Nature Made, Mineral BioSciences, Walgreens, Olly Nutrition, Pronova Corporation and Amieson are the major players in the global iron supplements market. Douglas – Isle of Man, 08 Dec. 2022 (GLOBE NEWSWIRE) — One of the world’s leading comparison search engines, Douglas Insights has added industry trends, projections, drivers, …

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Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

Tech layoffs in Southeast Asia rise as unprofitable startups seek to expand their leads

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Shopee has reportedly made three rounds of layoffs this year as its parent company, Sea Limited, struggles for profitability. Lauryn Ishak | Bloomberg | Getty Images More tech startups in Southeast Asia have laid off workers this year as macro headwinds deepened losses and venture capitalists pushed startups to expand their leads. Last week, online …

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China further eases Covid restrictions; Hong Kong travel stocks rise

China further eases Covid restrictions; Hong Kong travel stocks rise

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China lifts negative test requirement for interregional travelers Inter-regional travelers in China will no longer need to show negative test results for Covid, according to a statement from the National Health Commission. Areas that are not designated as high-risk cannot stop work or production, the notice says. Covid patients without symptoms can also choose to …

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Interest Rates Rise This Week: What You Need to Know About the Bank of Canada's Decision

Interest Rates Rise This Week: What You Need to Know About the Bank of Canada’s Decision

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Bank of Canada Governor Tiff Macklem holds a press conference The Bank of Canada will raise interest rates at the end of its final round of policy deliberations on Dec. 7. Governor Tiff Macklem guaranteed it. “This phase of tightening is coming to an end,” he told the House Finance Committee Nov. 23. “We’re getting …

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Amazon's cloud unit faces cost-sensitive customers as economic fears rise

Amazon’s cloud unit faces cost-sensitive customers as economic fears rise

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Amazon Web Services has been its parent company’s biggest growth engine for most of the past decade, taking business with some of the world’s largest technology vendors. But as companies face the most discouraging economic environment since the 2008 financial crisis, those massive checks they send to AWS for their technology infrastructure are coming under …

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Stocks fall after key economic data

Stocks rise after data on inflation and jobless claims

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The Dow Jones Industrial Average sold off on Thursday morning after key inflation data. Tech leaders Okta, Splunk and Snowflake posted big earnings-related moves, and Dow Jones Salesforce stock plunged after its quarterly results. Meanwhile, Chinese electric vehicle stocks Li Auto and Nio posted record auto sales. X Inflation data, unemployment insurance claims, income changes …

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Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

Asia-Pacific Markets Rise, Japanese Yen Strengthens as Fed Signals Lower Rises

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Japanese yen strengthens after Powell’s comment on small bulls Temasek’s $245m FTX loss ‘damaged reputation’ of Singapore, Deputy PM says Singapore’s Deputy Prime Minister Lawrence Wong says the state’s sovereign wealth fund’s loss of $275 million investment in collapsed crypto exchange FTX is “disappointing and has caused reputational damage” of the city-state. But the loss …

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