China’s e-commerce giant JD.com is said to be doubling down on its budget shopping platform Jingxi in its latest move to win consumers in the “sink” market, made up mostly of small towns where shoppers have limited spending power, amid fierce competition with rivals such as PDD Holdings. Borrowing a page from PDD’s playbook, JD.com […]
Jul. 1—A decade ago, Verus Research launched in Albuquerque. The small startup was seeking to provide sophisticated research in the field of directed energy. The handful of founders had been working in the aerospace and defense industries, including experience with directed energy. The Air Force Research Laboratory’s Directed Energy Directorate is based in Albuquerque on […]
WILL OLIVER / EPA-EFE / Shutterstock.com President Biden’s chances of re-election largely depend on the public’s perception of the economy he has overseen — but the Biden economy looks different depending on your vantage point. America’s 51 micro-economies — though with several state GDPs in the trillions, some of them aren’t so micro — each […]
BANGKOK (AP) — Surveys of Chinese factory managers showed a mixed outlook for the world’s second-largest economy in June, with growth steady but not picking up much steam. The China Federation of Logistics and Purchasing’s official purchasing managers index, or PMI, remained at 49.5, the same as in May, on a scale up to 100 […]
We recently compiled a list of the Top 30 Largest Economies in the World by 2075 and in this article we will look at the country that’s expected to be the largest in 2075. Emerging Markets Projected to Lead by 2075 According to research by Goldman Sachs, the global potential growth is expected to slow, largely […]
Wall Street has a new most apocalyptic forecast for stocks. – MarketWatch photo illustration/iStockphoto Move over, J.P. Morgan — we have a new contender for most apocalyptic stock-market forecast. It comes courtesy of Peter Berezin, chief global strategist at BCA Research, who said in a report shared with MarketWatch on Thursday that he has revised […]
The presidential candidate of Front National, Marine Le Pen, addresses her followers after the first round of the election. Kay Nietfeld/dpa German companies are looking nervously on as France goes to the polls on Sunday in the first round of snap parliamentary elections that could deliver a blow to the country’s political centre. “When analysing […]
Russian President Vladimir Putin delivers a speech at the St. Petersburg International Economic Forum in St. Petersburg. -/Kremlin/dpa The Russian economy is growing by around 5%, based on the increase in gross domestic product (GDP) over the first half, Russian President Vladimir Putin said on Friday according to the Interfax news agency. “We will see […]
Trump and Biden took the stage on June 27 for the first presidential debate of the year. While the economy is at the top of voters’ minds, the candidates hardly addressed it. They both blamed each other for inflation, and made some false or misleading claims. The first presidential debate came and went, and voters […]
President Joe Biden and Donald Trump sparred over the economy, abortion and the Capitol riot at the first presidential debate of the 2024 US election cycle. The two candidates strode on stage on Thursday evening and walked directly to their lecterns, avoiding a handshake. The broadcast on CNN, moderated by anchors Jake Tapper and Dana […]
Reality Check is a Sacramento Bee series holding those in power to account and shining a light on their decisions. Have a suggestion for a future story? Email realitycheck@sacbee.com.com. The nation enjoyed historically low unemployment under Donald Trump until the Covid pandemic. It’s also enjoying low jobless rates since Joe Biden became president. But prices […]
President Biden and former President Trump pummeled each other Thursday night in a highly contentious opening to their first debate, with furious exchanges about immigration, foreign policy and abortion dominating the opening minutes of their confrontation. The abundant disdain between the current president and his predecessor became evident from the opening moments, with Trump going […]