Tag: cementing

Analysis-China’s discount wars risk cementing frugal consumer mindset

By Casey Hall SHANGHAI (Reuters) – An aggressive market grab by low-cost Chinese retailers has delivered bumper earnings for some firms but has also intensified a bruising price war, exacerbating deflationary fears in the world’s second-largest economy. From coffee to cars to clothes, China’s discount retailers have cut prices on just about everything as they […]

Biden outpaces Trump with 200 confirmed judges, cementing impact on courts

President Biden hit a milestone on Wednesday, officially appointing 200 judges to the federal bench and cementing what will be a long-lasting effect on the country’s judiciary, according to experts and lawmakers. Biden is currently outpacing former President Trump, who made significant traction in judicial appointments. Trump was able to get nearly as many federal […]