
Global Business Is Enduring a Synchronized Slowdown: Eco Week
Days after global finance chiefs described the widespread economic fallout inflicted by Russia’s war in Ukraine, business surveys may show an increasingly synchronized slowdown.
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Days after global finance chiefs described the widespread economic fallout inflicted by Russia’s war in Ukraine, business surveys may show an increasingly synchronized slowdown.
After a violent rally in bonds, Treasury traders are debating whether recent tough talk from the Federal Reserve on its commitment to cooling prices is enough to reverse the trend.
HSBC Holdings Plc Chief Executive Officer Noel Quinn said an executive’s remarks playing down the risk of climate change are “inconsistent” with the bank’s strategy and don’t reflect views of senior management.
(Bloomberg) -- Amazon.com Inc., stuck with too much warehouse capacity now that the surge in pandemic-era shopping has faded, is looking to sublet at least 10 million square feet of space and could vacate even more by ending leases with landlords, according to people familiar with the situation.
(Bloomberg) -- The world’s richest nation is waking up to an unpleasant and unfamiliar sensation: It’s getting poorer.
Apr 25, 2019
Bloomberg News
,It’s getting harder to find a place to call home. The U.S. Census Bureau reports home ownership vacancies are below 1 per cent in more than one-third of the nation’s 75 largest metropolitan areas.
Vacancy rates rounded to zero last quarter in Greensboro-High Point, North Carolina; Syracuse, New York; Louisville/Jefferson County, Kentucky; Hartford-West Hartford-East Hartford, Connecticut; Grand Rapids-Wyoming, Michigan and Akron, Ohio.
Elsewhere, a dozen metro areas saw vacancy rates fall by a full percentage point or more from a year earlier. On the other end of the scale, the Dayton, Ohio, area posted the largest percentage increase in vacant properties from a year earlier -- 5.2 per cent.
Data on rental vacancies showed Akron, Ohio, and Hartford-West Hartford-East Hartford, Connecticut were also among the tightest. Boston-Cambridge-Newton led that list at 1.7 per cent. Fresco, California; Austin-Round Rock, Texas and Cincinnati were the loosest rental markets.
The Census Bureau data are based on a sample-based survey.