The Morrison Government’s election campaign is a disaster, but the real story is still the state of the press, writes Joel Jenkins. AT THE HALFWAY POINT of the election campaign, inside one of the most pockmarked government terms in modern history, Labor Leader Anthony Albanese comes back from a week incapacitated with COVID-19. Live in...Read More

The yield on the US 10-year Treasury note touched 3 per cent for the first time in more than three years on Monday, as traders prepared for the Federal Reserve to raise interest rates again at a time of soaring inflation and slowing growth. The yield on the government bond has profound effects on the...Read More

Hong Kong CNN Business  —  Chinese social media have shut down the accounts of a prominent market analyst who drew attention in recent weeks to the dramatic slowdown in the country’s economy and the effects of government policy on the tech industry. Over the weekend, Tencent’s (TCEHY) WeChat froze the public account of Hong Hao,...Read More

Story Highlights 38% to 43% have confidence in U.S. leaders on the economy Confidence in Biden, Powell, Democratic leaders fell by double digits Confidence ratings for all leaders are below historical averages for each WASHINGTON, D.C. — Public confidence in key U.S. leaders’ management of the national economy is shaken amid...Read More

Police say a Geneva man was arrested following a larceny investigation. According to a news release, the Wayne County Sheriff’s Office arrested Joseph P. Monahan, 30, of Geneva for petit larceny. The charge stems from a report of stolen property while at the Dollar General in Sodus. It is alleged that Monahan went into the...Read More

Headlines: 1 May, 2022 – Inflationary pressures mean that civilian workers’ average income declined 3.7% in real terms over the year ending March 2022 – Wall Street had the worst day in over a year on Friday, with the Dow Jones (2.7%), NASDAQ (4.1%), and S&P 500 (3.6%) all closing the day down – Amazon stock fell by fourteen percent,...Read More

Covid-19 lockdowns across China are shaking western multinationals’ production lines, snarling supply chains and threatening financial forecasts as Beijing steps up its effort to contain a surge in coronavirus cases. Apple, Coca-Cola, General Electric and Pernod Ricard were among the companies to warn this week of the threat from the spreading lockdowns in the world’s...Read More

WASHINGTON — The U.S. economy shrank during the first quarter of this year for the first time since 2020. Gross domestic product fell at a 1.4% annualized rate in the first three months of this year, following a 6.9% pace at the end of last year, the Commerce Department’s preliminary estimate showed Thursday. The median...Read More

The last week, like all of April, was characterized by the volatility. At the international level, the consequences of the war continue to affect the markets and fears about the resurgence of Covid-19 in China were added to them. In the local scenario, the condiments to generate doubts among investors. there were several: the record...Read More

Most any visitor to the Danbury Fair mall last weekend would declare the economy full bore, with the garage and primary parking lot near capacity and the food court bustling, perhaps boosted by shoppers hitting the stores to spend their tax refunds. But after the federal government reported the U.S. economy shrank in the first...Read More