pessimism

The president has a limited number of months before the election to turn around perceptions about his ability to steer the U.S. economy out of the aftermath of the global pandemic. The president has a limited number of months before the election to turn around perceptions about his ability to steer the U.S. economy out of the aftermath of the global pandemic. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In…

LONDON—Thousands of businesses across the U.K. are buckling under rampant inflation and flagging consumer demand, adding to a growing corporate casualty list in Europe stemming from the war in Ukraine. Governments have tried to support companies by capping energy bills in some places. Germany and France have nationalized two big utilities caught out by soaring prices. In the U.K., a wave of business closures is now washing over the country amid the economic pressure. Trapped between…

FilmTaking place over one night in 2008, Margin Call is a taut display of sharp suits and sharper dialogue, in which the cantankerous colleagues at a Goldman Sachs stand-in have to decide between tanking their company or the world economy. It may lack the zany thrills of The Big Short, but by presenting the bankers as calculated insiders, its critique is altogether more damning. Against stiff competition, head trader Will Emerson (Paul Bettany) is the most cynical (and likable) when he itemises what he spends his enormous…

Bitcoin steadied after earlier hitting a new 18-month low, as major crypto lender Celsius Network's freezing of withdrawals and the prospect of sharp U.S. interest rate rises shook the volatile asset class. Bitcoin clawed its way to positive territory after much as 7.3 percent overnight to $20,816, its lowest since Dec. 2020. It was last hovering around $22,470. The world's largest cryptocurrency fell 15 percent earlier, its sharpest one-day drop since March 2020. It has shed about half its value this year and over 20…

Credit: CC0 Public Domain Consumers voiced much more positive views in April, rising 9.8% above March, according to the University of Michigan Surveys of Consumers. Most of the surge…