economic Archives - Rvpg media

From economic turmoil to war: All 5 key risks realized in 2022

As we prepare to leave 2022 behind, let’s first have a look at the risks that topped the lists of the world’s think tanks and international economic organizations: the possibility of new variants of COVID-19 forcing countries to enforce new quarantines and restrictions; whether the ongoing price fluctuations in global commodity prices due to supply … Read more

Strong U.S. Labor Market: Economic Armor

Data has pointed to a downshift in economic growth over the last several months, culminating with the Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers Index (PMI) slipping into contractionary territory with a 49.0 November reading. Yet the labor market remains bright, with 263,000 net hires last month. Job creation over the last four months … Read more

Southend Seaway scheme shelved over economic downturn

A controversial £70million leisure complex on Southend seafront has been put on hold after the current economic turmoil “wreaked havoc” on prospective investors, council bosses have confirmed. Turnstone Estates, which is behind the Seaway leisure complex with Southend City Council, proposed to build an 11-screen Empire Cinema with IMAX, a 20-lane Hollywood Bowl, and a … Read more

Economic Impact of Genital Herpes Indicates Developing a Vaccine Should Be Top Priority

Over 13% of the global population, 491 million people, are living with herpes simplex virus type 2 (HSV-2) infection. Because genital herpes infection is lifelong, it is expected to be very costly, as well as significantly impact patient quality-of-life. A paper recently published in PLOS Medicine sought to provide one of the first estimates of … Read more

Chambers Champions Year Of Unprecedented Economic Success In Indiana – InkFreeNews.com

News Release INDIANAPOLIS — Indiana Governor Eric J. Holcomb and Secretary of Commerce Brad Chambers recently highlighted the 2022 economic successes in each focus area of the Secretary’s 5E strategic vision, concluding the sixth consecutive record-breaking year for economic development in Indiana. Sec. Brad Chambers In 2022, 218 companies committed to locate or expand in … Read more

Countering Janet Yellen’s alternate economic reality

OPINION: Coming off an election in which the left lost control of the House of Representatives, Treasury Secretary Janet Yellen released an op-ed where she takes readers to an alternate reality that bears little resemblance to the actual events and facts of the past three years. One can forgive revisionist legacy-making, but the danger is … Read more

5 Reasons We Should Expect an Economic Recession in 2023

D-Keine / iStock.com Economists are pointing toward a global economic recession in 2023. Although some definitions of a recession require two successive quarters of the GDP for a country falling, with unemployment rising to 6% or more, these markers can vary. Consumer Price Index: Has Inflation Made Dining Out Cheaper Than Groceries?Take a Look Back: … Read more

Lennar Has To Cut Costs Despite Promising Demand To Weather Economic Uncertainty, Says Analyst – Lennar (NYSE:LEN)

Raymond James analyst Buck Horne reiterated a Market Perform rating on the shares of Lennar Corp LEN after the review of 4Q22 results. Lennar reported 4Q22 GAAP EPS of $4.55, which included $0.25/share of mark-to-market tech investment losses and $0.22/share of land/backlog/option charges. The company expects 1Q23 EPS to be in the range of $1.40-1.70. The … Read more

Pakistan’s economic crisis deepens!

The ongoing financial crisis in Pakistan is almost unprecedented in its nature and content and is exacerbating by the day. At the centre of crisis is the financial crunch owing to the extreme paucity of foreign exchange that has witnessed the entire economic cycle coming to a grinding halt. Resultantly, the overall business confidence in … Read more