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The US Department of Commerce reported a 0.1% decline in American incomes in January, while experts had predicted a 0.3% increase. According to the Department's data for December, the income of US citizens in the last month of 2018 showed an increase of 1%, while their expenses decreased by 0.5%. The cost reduction was the highest since 2009. Economists did not predict such a significant change in the November figure. According to their estimates, revenue growth was expected at 0.4% and cost reduction - at 0.2%. In December, the real incomes of the population also grew by 1% after their increase by 0.2% a month earlier. The savings rate reached its highest level since 2016, rising to 7.6% from 6.1%.
For the first time since January, the services industry of China recorded its growth in May, signaling the start of economic recuperation from stagnation due to lockdown measures implemented amidst the outbreak of the coronavirus. However, ...
The first-quarter sales of Carlsberg (CARLb.CO) fell by 7% on Thursday. While the Dutch brewing company anticipates further decline in its second-quarter sales due to beer demand in grocery stores, it failed to consider the closure of pubs ...
Nike Inc (NKE.N) beat estimates for quarterly income on Tuesday as strong digital market covered the first China sales drop in nearly six years from the coronavirus-powered shutdowns, yet the company held back from providing an estimate forecast ...
The London Stock Exchange (LSE) said on Friday that it was “on track” to completing its takeover of the analytics company, Refinitiv, after a clearing activity led to a higher-than-expected annual income. According to LSE CEO David ...
Private home prices in Hong Kong declined for the second consecutive month in January, with a 0.2% dip as coronavirus outbreak hounds the property and real estate sector that has not fully recuperated from the previous burden brought by the ...
KYC Policy