Consumer spending might not rebound quickly, according to the University of Michigan’s survey for August. Plus: China’s economy, GDP, Colorado mail fraud, Reddit, and plastics.
Have you ever gotten mail addressed to a strange business, instead of to you? Thousands of Colorado residents have reported their addresses are being used to register fake companies.
It leaves some things out, but it is a very good gauge of the health of an economy,” said Allison Schrager, senior fellow at the Manhattan Institute and columnist at Bloomberg Opinion.
Data from China shows that the world’s second-largest economy is slowing down — especially around consumer spending. The official jobless rate ticked up to 5.2% — though other estimates put the real ...
Consumer sentiment tumbled in early August, according to the University of Michigan survey. July retail sales were down more than half a percent from June, and AAA reports the nationwide average gas ...
The so-called “front page of the Internet” started with a $100,000 investment two decades ago, and is now worth more than $30 billion.
A glut of polyethylene had squeezed U.S. producers for years. But the war in the Middle East disrupted the global plastics market, sending prices higher and improving margins for producers along the U ...
This morning, we learn more about a new shipping lane from China's East Coast to the largest port in the U.K., which ...
China and Russia have come together for a new shipping route between Ningbo, China, and Felixstowe, in the U.K. The new path ...
Tribal gambling is a $46 billion industry. That's almost three times the revenues at Nevada casinos in Las Vegas and Reno.
Ship traffic through the Strait of Hormuz is (once again) essentially halted. Play ...
Tatiana Cirisano, analyst at the entertainment consultancy firm MIDiA Research, discusses AI music company Suno’s approach to ...
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