How to Turn Inflation and Recession into Your Largest Business Opportunity

As a business owner, there are many things outside of your control. Two such factors are inflation and recession. Without a proper strategy, these uncontrollable factors can cripple even the most successful businesses. Dilok Klaisataporn | Shutterstock In How to Turn Inflation and Recession into Your Largest Business Opportunity, a free webinar brought to you …

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Fed Still Has A ‘Long Way To Go’ As It Tries To Tame Inflation Without Causing A Recession, Goldman Predicts

Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Goldman Sachs, who predict that it will remain difficult for the central bank to get surging prices under control without a recession. Though markets have …

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US falls into ‘housing recession’ as mortgage rates, building costs surge

The US housing market has plunged into a full-blown recession as tightened economic policy and surging expenses weigh on home builders. Builder confidence has plummeted for eight consecutive months, marking its worst stretch since the housing market imploded in 2007 in the midst of the Great Recession, according to data released Monday. The National Association …

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CORRECTED: Empire State factory gauge plunges in August

The numbers: The New York Fed’s Empire State business conditions index, a gauge of manufacturing activity in the state, plummeted 42.4 points to negative 31.3 in August, the regional Fed bank said Monday.  This is the second largest monthly decline on record and among the lowest levels in the survey’s history, the regional Fed bank …

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China's Growth Slows, Prompting Surprise Rate Cut

SINGAPORE—China’s economy stumbled in July as a two-month boost from easing lockdowns faded, prompting the country’s central bank to unexpectedly cut two key interest rates in an effort to shore up faltering growth. A raft of data released Monday showed economic activity slowed across the board in July, including factory output, investment, consumer spending, youth …

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Dow Jones Newswires: China’s economy slows unexpectedly as rebound sputters

China’s economic growth unexpectedly slowed in July after a blip of accelerated recovery in June, official data showed on Monday. Industrial production rose 3.8% from a year earlier, down slightly from the 3.9% increase in June, according to data released by the National Bureau of Statistics. That fell short of the 4.5% growth expected by …

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The Wall Street Journal: Japan’s economy recovers to pre-pandemic level in second quarter

TOKYO — Japan’s economy recovered its pre-pandemic size in the April-June quarter with strong consumer spending after pandemic-related movement restrictions were lifted. The world’s third-largest economy after the U.S. and China expanded 0.5% in the three months to June from the previous quarter. That compares with a flat reading in the previous quarter and consensus …

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Japan's Economy Recovers in Second Quarter

TOKYO—Japan’s economy recovered its prepandemic size in the April-June quarter with strong consumer spending after pandemic-related movement restrictions were lifted. The world’s third-largest economy after the U.S. and China expanded 0.5% in the three months to June from the previous quarter. That compares with a flat reading in the previous quarter and consensus forecasts for …

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: American attitudes about whether it’s a good time to buy a home just hit the lowest level in a decade, another sign of the housing market’s slowdown

Both prospective home buyers and sellers are backing off from the U.S. housing market, a new survey shows. Their anxiety over higher mortgage rates and a softening market was registered by the Fannie Mae Home Purchase Sentiment Index FNMA, -0.08%, which dropped by 2 points in July to 62.8. That’s the lowest level since 2011. …

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Market Extra: Why home prices can stay high, complicating the Fed’s battle against inflation

Sky-high housing prices still threaten to complicate the Federal Reserve’s inflation fight, even as America’s market for single-family homes shows signs of cooling in response to sharply higher interest rates. This week, Redfin reported the number of “stale” home listings climbed above 60% in July, reflecting the year’s surge in mortgage rates and concerns about …

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