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19 March
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First half of the year showed the decline of the U.S. economy and the stability of the labor market
A preliminary forecast by the U.S. Department of Commerce has been confirmed.
30 September 2022
Google shuts down Stadia games streaming service 3 years after launch
Google has announced it is shutting down its cloud gaming service Stadia after unsuccessful attempts to gain popularity among users.Google Alphabet Inc. presented the Stadia platform as a challenge to the giants of gaming consoles. The service allows you to run games on devices such as Android or use the Chromecast application for TVs, sending data directly from Google server clusters. A subscription to Stadia cost $10 per month.
30 September 2022
Walmart is challenging inflation concerns. Forecasts for the year have improved
Despite high inflation and supply chain challenges, Walmart, one of America's largest retailers, saw a significant increase in sales in the second quarter of this year.
30 September 2022
Germany plans to borrow €200 billion to cope with gas price spike
Germany introduced plans to take on another €200 billion ($195 billion) in debt to finance a program aimed at limiting the influence of rising energy prices on the economy.
30 September 2022
Central Bank of Mexico increased the rate to 9.25%
On Thursday, the Central bank of Mexico increased the credit rate to the maximum level.
30 September 2022
Dollar strengthening causes Nike to cut sales
Nike is suffering declining revenues due to increasing logistics costs and strengthening of the U.S. currency. The company is now selling its excess inventory, spurring the sale with discounts.
30 September 2022
JPMorgan to hire 2,000 engineers even in recession
On Wednesday, Lori Beer, chief information officer of financial holding JPMorgan Chase & Co, said the company plans to hire about 2,000 engineers from various countries by the end of the year, despite the current economic situation.
30 September 2022
Harley-Davidson defends LiveWire branch after drop in stocks
The LiveWire electric motorcycle unit of Harley-Davidson Inc. debuted on the stock exchange was unsuccessful.
30 September 2022
US spreads inflation to other countries
The Federal Reserve's (Fed) objective is now to curb price hikes in the U.S. However, other countries are under pressure caused by the Fed's actions, as their central banks are also forced to raise their own rates at a rapid pace.
30 September 2022
China's manufacturing activity rose unexpectedly in September
After two consecutive months of decline, China's manufacturing activity rose in September. This was made possible by a set of stimulus and easing measures under COVID.
30 September 2022
