Those two facts help explain the confusing, contradictory nature of the late-pandemic economy. On the one hand, the recovery has been remarkably swift by both historical standards and compared with what forecasters expected when the crisis began. On the other hand, a surprising surge in inflation is preventing the economy from rebounding more quickly, or feeling more normal.
The US housing market has changed dramatically since the pandemic – an issue looming over the election. A new survey has revealed a sad new reality about the Australian workplace – including one key feature stopping employees from searching for better pay. The pact could be worth more than $250 million over five years, according to a report about the deal in the Wall Street Journal, citing people familiar with the matter. Like Shopify, Intellia didn’t soar after beating expectations on both ends of the income statement two weeks ago. The good news is that it didn’t move lower on the news, even though the shares are still down 16% year to date. Wood has stakes in a few gene-editing stocks, figuring that owning a basket of its most promising players will pay off even if just one of them makes a major breakthrough.
The horror movie boom dominating the Indonesian box office
The Manila International Airport Authority on Monday announced that several domestic flights have been canceled due to unfavorable weather condition at destination. Canada is looking at the massive new U.S. import tariffs on Chinese-made electric vehicles imposed by U.S. President Joe Biden earlier this month, but is not making any commitment to following suit north of the border. After another case of H5N1 avian flu linked to dairy cows was confirmed in a second dairy farmer in the United States, some Canadian experts say the federal government needs to expand surveillance of the virus north of the border.
- With grocery bills soaring and petrol prices hitting, drivers letting their policies lapse.
- The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation.
- NZ’s four major banks will soon provide open banking – a new way to pay and track funds.
- The report says there were notable slowdowns in two of Canada’s most expensive major cities for renters.
- Demand for the newest iPhone 13 juiced sales, but the company has been warning for months that computer chip shortages and pandemic-related manufacturing problems in Asia were likely to limit supply and hamper revenue.