Is the US economy headed for a hard landing?
19 November 2022 |
10:23 am
The U.S. economy is “headed for a hard landing,” UBS economists say in a report, noting that, “Household spending has been weak. Households are running down savings. Credit card balances are rising. Goods spending remains very elevated.
Related
Related
5 Feb
Almost all European chambers of commerce remain active in Myanmar nearly two years on from a military coup that ousted a democratically-elected government and sparked a civil war.
8 Feb
In his State of the Union address, US President Joe Biden underlined slowing inflation and low unemployment as signs that the country's economy is resilient and ready to compete with China in key sectors. Looking forward, he aims to reduce the deficit and raise the debt ceiling by increasing taxes on wealth.
25 Feb
This week saw the release of a wide-ranging investigation into the lucrative disinformation industry, published by a media consortium led by the French NGO Forbidden Stories. At the centre of the story is a shadowy Israeli group nicknamed "Team Jorge" who claims it has influenced 33 elections worldwide with a potent combination of phone hacking and thousands of fake profiles.
2 Mar
The disappearance of Chinese banker Bao Fan has renewed concerns about Beijing's crackdown on entrepreneurs. Experts say the trend will cause investors to lose confidence in China.
9 Apr
Tanzanian traders doing business in Kenya have raised concerns that the weekly demonstrations by the opposition are negatively affecting their business. Kenya is the main destination for Tanzania's corn exports.
8 Apr
Disney CEO Bob Iger has criticised Florida governor and Republican presidential hopeful Ron DeSantis as being "anti-business" and "anti-Florida". The comments are part of an ongoing feud between the entertainment giant and DeSantis that started when Disney voiced its opposition to a state law banning education on LGBT issues in schools.
12 Apr
Viral photos appear to show a beached shark in the United States being rescued by local residents. But that is what the social media posts want people to think. The photos are actually fake, generated by artificial intelligence software, and their creator seemingly wants to take advantage of the confusion. We tell you more in this edition of Truth or Fake.
16 May
Khat lovers in Kenya continue enjoying their favorite plant — also known as miraa — despite its classification as a drug in many countries. Trading miraa is a lifeline for some Kenyans, and they can't afford to quit.
26 May
Modest fashion is a way of dressing that respects specific clothing requirements for reasons of faith and also personal preference. The market for modest fashion is huge – and it's only getting bigger, with both designers and influencers keen to get in on the action. FRANCE 24 went to check out the second edition of Paris Modest Fashion Week.
17 Jun
Marcus Gram, Joyner Vending Founder, joins 'Last Call' for Make It Monday to explain how he turned a vending machine business into a $300 thousand per year enterprise.
25 Jun
Beijing is portraying Chinese Premier Li Qiang's business-oriented visit to Germany as a diplomatic success, but experts say its impact on reducing long-running tensions will be limited.
30 Jun
The World Economic Forum's summer meeting is bringing together decision-makers in Tianjin, China. Alongside topics like AI and biotech, the conversation has focused on whether business can ignore political tensions.
Latest
1 hour ago
House Republicans will try to advance four party-line funding bills this week, though they would not avert a looming government shutdown.
1 hour ago
Metal theft by criminal gangs in Germany is alarming the public and businesses. The disruptions they cause are increasingly felt in everyday life. These will worsen as copper prices rise.
1 hour ago
Officials deny it but a DW investigation has found that the rubble from Tukey's devastating February earthquake contains life-threatening amounts of asbestos. The southern city of Hatay now faces a new health crisis.
3 hours ago
The German and US defense ministers have said they see no immediate need to leave Niger, following France's decision to withdraw troops. Niamey's junta has been more focused on the former colonial power's presence.
3 hours ago
Limiting global warming to 1.5 degrees Celsius is still possible thanks to a surge in clean energy, the International Energy Agency said, but almost all countries have to accelerate their efforts.
4 hours ago
A legend in the world of sailing speaks to FRANCE 24 about her love of the sport and the incredibly tough moments it brings. Kirsten Neuschafer was the overall winner of the 2022 Golden Globe race, beating all of her male competitors in the process. The race entailed almost eight months on her own at sea, without electronic navigation equipment, travelling 30,000 nautical miles around the planet. She spoke to us for Perspective.