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You Searched For "covid and economy" and got 17 results


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2 mins read

India's strong economic recovery is led by fiscal expenditure: DSP MF

India's tax collections have also demonstrated robust growth, with gross tax revenue showing a five…

ANI   


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3 mins read

China's luxury slump is trickling down to other consumer companies

Companies like Starbucks, Nike, and Estée Lauder have reported falling sales in China as weak consu…

Madeline Berg,Huileng Tan   


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9 mins read

The end of convenience: What the downfall of Walgreens means for America

Chain pharmacies are flashing warning signs and shuttering stores. 7-Eleven is axing locations. The…

Emily Stewart   


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4 mins read

LVMH had a rough week. That's a bad sign for the luxury sector.

The Dior and Louis Vuitton owner reported disappointing earnings. As LVMH is a bellwether for the l…

Madeline Berg   


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1 min read

It looks like the glory days of luxury are over for LVMH, at least for now

French luxury conglomerate LVMH, the world's largest luxury company, reported a 3% year-on-year dec…

Nora Redmond   


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3 mins read

Why inflation isn't returning to pre-pandemic levels — and 3 trades to capitalize on an overheating economy

Steven Blitz expects inflation to creep higher as increasing debt, changing demographics, and inter…

Christine Ji   


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2 mins read

Retailers are highlighting two very different realities emerging among squeezed US shoppers

While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…

Alex Bitter   


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3 mins read

It's been another bad quarter for the fast-food industry. Burgers and pizza are too expensive, and Americans just don't want to splash out.

Fast-food giants like McDonald's, Starbucks, and KFC reported drops in comparable US sales. In part…

Grace Dean   


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1 min read

China's weak economy and record US production will lead to a surplus of one million barrels of oil a day next year, IEA says

Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 mil…

Jennifer Sor   


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1 min read

Why higher demand for sausage might be the latest sign the US economy is slowing

A food manufacturer in Texas said its seen rising demand for sausage, a sign the economy is slowing…

Kelly Cloonan   


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2 mins read

How do you feel about the economy? It depends on whether you own stocks.

People who own stocks feel much better about economy than non-owners.

Jacob Zinkula,Madison Hoff   


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3 mins read

The luxury outlook in China just keeps getting worse

Gucci's parent company said on Wednesday that it continued to see a "deceleration" in Asia-Pacific …

Lian Kit Wee   


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2 mins read

Gen Z and millennials are propping up the economy — with help from their parents, 'Oracle of Wall Street' says

Consumers between the ages of 24 and 38 hold the largest discretionary spending power in the US, Me…

Filip De Mott   


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3 mins read

It looks like the party's over for luxury goods in China

Luxury retailers say they've been hit by slumping sales in China, while tourism spending in Japan b…

Grace Dean   


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4 mins read

How the economy will change under Trump vs Biden

Voters have consistently told pollsters that economy is the most important issue in the election.

Brent D. Griffiths   


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1 min read

North Korea's economy is booming thanks to its arms trade with Russia

North Korea's GDP grew 3.1% in real terms, snapping a three-year slump, the Bank of Korea reported.

Filip De Mott   


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3 mins read

People are still flocking to Florida. It could help them ride out a slowdown in the economy.

Florida's strong population growth is boosting the state's economy and could help residents weather…

John Towfighi