us retail sales slump in december economytest

U.S. retail sales fell a seasonally adjusted 0.7% in December from the month before, a decline Wall Street analysts weren’t expecting. Sales also fell in October and November. The report covers only about a third of overall consumer spending. Services such as haircuts and hotel stays, which have been badlyContinue Reading

s&p 500 welcomes tesla economytest

Huge triumph or unmitigated disaster? The inclusion of Tesla in the S&P 500 comes with high hopes and ominous forebodings. Shares of Elon Musk’s company rose to a record high on Friday in a frantic day of trading as investors geared up for the electric carmaker’s much anticipated entrance intoContinue Reading

Apple to increase iPhone 11 production economytest

Apple Inc. has told suppliers to increase production of the latest iPhone 11 and iPhone 11 Pro lineup by as much as 10%, the Nikkei Asian Review reported. The bump in production would add up to 8 million units to the current production plans as Apple seeks to meet stronger-than-expectedContinue Reading

economytest china monetary

China’s central bank head said on Tuesday that China is not going to follow other countries in significantly loosening monetary settings, adding that has ample options to help prop up slowing growth. People’s Bank of China governor Yi Gang is therefore maintaining its cautious approach to stimulating the economy. TheContinue Reading

economytest ron paul

Ron Paul is back with doom and gloom predictions on economy and stock market. The former Republican congressman from Texas is warning negative interest rates will crush the global economy, and the U.S. won’t be the exception. “We will join the rest of them and go to total negative ratesContinue Reading

economytest powell recession

Fed Chairman Jerome Powell pushed back against perceptions that the U.S. economy was tilting into a recession, while leaving the door open to further interest-rate cuts to keep the country’s record economic expansion on track. Speaking Friday in Zurich, Powell said consumer spending and support from monetary policy should helpContinue Reading

economytest china

When ground was broken in March 2017 for a new US$9 billion factory owned by a subsidiary of Foxconn Group, the event was witnessed by then Guangdong party secretary Hu Chunhua and Terry Gou Tai-ming, the Taiwanese billionaire who created Foxconn, the world’s largest assembler of Apple’s iPhones and tablets.Continue Reading

economytest india

Foreign investors have fled stock markets after the budget. The Sensex is down nearly 2,500 points. Small and midcap stocks have fallen even faster. Beyond the budget, other problems are growing too. They add up to a discouraging message: Foreigners, enter India at your own risk. Andhra Pradesh chief ministerContinue Reading

nicole junkermann entrepreneur and investor economytest

Nicole Junkermann is the founder of NJF Holdings. As a business leader she is focused primarily on the crossover between the media and technology sectors. Junkermann is a German born and London-based entrepreneur and investor. NJF Holdings includes NJF Capital, NJF Private Equity, NJF Real Estate and The JJ Collection. Junkermann. bornContinue Reading