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The International Institute for Management Development’s World Competitiveness Center (WCC) releases its most competitive countries list every year. According to the 2022 edition, “It provides benchmarking and trends, as well as statistics and survey data based on extensive research. It analyzes and ranks countries according to how they manage their competencies to achieve long-term value creation.” The yardsticks measure data […]
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video FOX Business Flash top headlines for June 15 Check out what’s clicking on FoxBusiness.com. An advisory panel to the FDA recommended both Pfizer and Modern's COVID-19 vaccines for emergency use authorization in children as young as 6 months old on Wednesday, clearing the way for kids to be vaccinated as soon as next week. Roughly 18 million children younger […]
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video Has the Fed already created a recession? Euro Pacific Capital chief economist Peter Schiff provides insight on Bitcoin cryptocurrency and how the Federal Reserve should respond to inflation on ‘Making Money.’ The Federal Reserve is expected to ratchet up its fight to tame scorching-hot inflation on Wednesday with the first 75-basis point rate hike in close to three decades, […]
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Save for the months in 2020 at the panicked height of the first COVID wave, consumer confidence is at its lowest in 31 years – where it was during the recession of the early 1990s. We are now at the point where measuring confidence feels like a misnomer – we should replace it with a fear metric. And the sentiment […]
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Chances of a UK recession increased with fall in economic output in April and the economy is likely to shrink 0.4 percent in the second quarter amid a similar size fall in the services output, the National Institute of Economic and Social Research said Monday. Official data released earlier on Monday showed that gross domestic product fell 0.3 percent in […]
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video Fox Business Flash top headlines for June 13 Check out what’s clicking on FoxBusiness.com. Smithfield Foods Inc., the largest pork processor in the U.S. by volume, is closing an 1,800-person plant in California and shrinking the size of its hog herd in the region, saying the cost of doing business in the state wasn't worth it. Smithfield, owned by […]
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video Stuart Varney: Inflation is personal and we’re getting worse off FOX Business host Stuart Varney argues Biden is ‘clueless’ on inflation as prices continue to rise. In his latest "My Take," "Varney & Co." host Stuart Varney discusses the state of the economy as inflation continues to cripple Americans' wallets, arguing the country is getting "worse off." STUART VARNEY: Inflation […]
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video Inflation is ‘accelerating’: Art Laffer Former Reagan Economic Adviser Art Laffer reacts to the May CPI report on ‘Mornings with Maria.’ During an interview on "Mornings with Maria" economist Art Laffer said the May CPI report is the "worst news of all" that the Biden administration could receive with inflation reaching a new record of 8.6% year-over-year. ART LAFFER: […]
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video FOX Business Flash top headlines for June 9 Check out what’s clicking on FoxBusiness.com. The European Central Bank laid out plans to increase interest rates for the first time in more than a decade, joining many of its peers in raising borrowing costs to tackle persistent inflation that is spreading far beyond the U.S. In an unusually detailed statement, […]
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video Celebrity chef: Restaurants feeling inflation squeeze, ‘struggling’ with high food costs Celebrity chef and restaurateur David Burke argues food prices are ‘crazy’ amid soaring inflation. Celebrity chef David Burke stressed that inflation continues to deeply impact the restaurant industry as his businesses are "struggling" with "crazy" high food costs and staffing shortages. "It's been tough going through the pandemic… […]
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