U.K. Economy Stagnates as High Interest Rates Take Toll
The British economy flatlined in the third quarter, entering what is expected to be a protracted period of stagnation.
Posted inCasinos Economic Conditions and Trends Labor and Jobs Las Vegas (Nev) MGM Resorts International Organized Labor Strikes Unite Here
Las Vegas Unions and MGM Resorts Reach Tentative Labor Agreement
The deal, the second in two days with a major resort operator, was announced on the day before a strike deadline set by two major unions.
Posted inChina Economic Conditions and Trends Foreign Investments Gopinath, Gita International Monetary Fund International Trade and World Market
China Finance and Real Estate Sectors Threaten Economy, I.M.F. Says
The International Monetary Fund warned of risks from overstretched lenders and developers even as it raised economic growth forecasts for this year and next.
Posted inChina China Economy Economic Conditions and Trends Factories and Manufacturing Foreign Investments International Trade and World Market National Development and Reform Commission (China) People's Bank of China Politics and Government Real Estate and Housing (Residential)
More Semiconductors, Less Housing: China’s New Economic Plan
Policymakers, wary of inciting reckless borrowing in real estate, are instead investing heavily in factories and trying to help indebted local governments.