by confoundedinterest17 While headline inflation is growing at 8.6% YoY in March, flexible price inflation grew at a terrifying 25% YoY rate. Even with headline inflation of “only” 8.56% YoY, today’s Q1 real GDP growth checked in at -1.4% QoQ. Clearly, …
Three of China’s most valuable businesses — Alibaba Group Holding Ltd., Tencent Holdings Ltd. and Meituan — have shed more than $100 billion in the span of three turbulent days. It’s a remarkable reversal from just a week ago, as …
by Shaun Richards This morning has brought something to the UK which younger readers will not have experienced. Or rather it has brought more official recognition of an issue that will have been affecting shopping baskets and bills. Millennials and …