UK trade updates Sign up to myFT Daily Digest to be the first to know about UK trade news. The UK aims to wrap up negotiations to join the trans-Pacific trade group by the end of 2022 and hopes that the US can be persuaded to rejoin the bloc, according to the international trade secretary....Read More
Consumer spending increases 0.3% in July; June revised up Personal income jumps 1.1%; saving rate rises to 9.6% Core PCE price index climbs 0.3%; up 3.6% year-on-year Goods trade deficit narrows 6.2%; inventories increase WASHINGTON, Aug 27 (Reuters) – U.S. consumer spending slowed in July as a decline in motor vehicle purchases due to shortages...Read More
On Aug. 26 at around 8:59pm Winston Salem Police Officers were dispatched to the Dollar General at 2981 South Main Street on a reported Armed Robbery. Preliminary investigation indicates that the suspect entered the store and took some merchandise to the store employee. Once at the cash register the suspect placed the merchandise on the...Read More
WASHINGTON — The U.S. economy grew at a robust 6.6% annual rate last quarter, slightly faster than previously estimated, the government said Thursday in a report that pointed to a sustained consumer-led rebound from the pandemic recession. But worries are growing that the delta variant of the coronavirus is beginning to cause a slowdown. The...Read More
Aug 28th 2021 Shutdown: How Covid Shook the World’s Economy. By Adam Tooze. Viking; 368 pages; $28. Allen Lane; £25 THE COVID-19 pandemic may be the starkest example of globalisation that history has ever provided. It was not just that the virus spread rapidly round the world. As governments reacted by imposing shutdowns, almost 95%...Read More
HAMPTON, Va. — Author’s note: The above video is on file from March 3, 2021. Two organizations in Hampton have received tourism grants to help the economy bounce back after the COVID-19-related downturn. The Hampton Convention & Visitor Bureau and the Hampton History Museum Association got $10,000 each from the Virginia Tourism Corporation’s Recovery Marketing...Read More
Biden urges companies to ‘raise the bar’ Microsoft, Google to invest billions Half a million cybersecurity jobs unfilled WASHINGTON, Aug 25 (Reuters) – The U.S. government on Wednesday said it would work with industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private...Read More
Beijing: China, which is the world’s largest creditor, is shockingly using confidentiality clauses barring borrowers from revealing terms and conditions of the engagement or even the existence of the debt itself. International Forum for Right and Security (IFFRAS), reported that recent joint research by the Peterson Institute for International Economics, Kiel Institute for the World...Read More
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