Isaac Larian, founder and CEO of MGA Entertainment, gives The Claman Countdown the latest on the company “refusing to let inflation be the Grinch who stole Christmas.” Are you expecting the perfect Christmas present to arrive right on your doorstep? If so, the Federal Trade Commission (FTC) is raising awareness and warning shoppers to beware … [Read more…]
US Commerce Secretary Gina Raimondo on Saturday called on lawmakers, Silicon Valley and US allies to prevent China from obtaining semiconductors and cutting-edge technologies critical to national security. At an annual national defense forum in Simi Valley, California, Raimondo called Beijing “the biggest threat we’ve ever had” and stressed: “China is not our friend.” The … [Read more…]
US Commerce Secretary Gina Raimondo on Saturday called on lawmakers, Silicon Valley and US allies to prevent China from obtaining semiconductors and cutting-edge technologies critical to national security. At an annual national defense forum in Simi Valley, California, Raimondo called Beijing “the biggest threat we’ve ever had” and stressed: “China is not our friend.” The … [Read more…]
US data: GDP grows 4.9%, jobless claims rise to 210,000 U.S. gross domestic product rose to an annual rate of 4.9%, more than twice as fast as in the second quarter, beating estimates. Bloomberg There may be an explanation as to why the U.S. economy has been remarkably resilient and growing strongly despite high inflation … [Read more…]
A customer enters a Nike store in the Magnificent Mile shopping district in Chicago, Illinois, on December 21, 2022. Scott Olson | Getty Images Nike plans to simplify its product assortment, increase automation and use of technology, streamline its overall organization and use its scale “to increase efficiency,” the company said in a press release … [Read more…]
Several Quebec economists are optimistic that inflation will recover somewhat in 2024 and interest rates will stabilize; However, since Quebec’s – and Canada’s – economy is closely linked to that of the United States, the forecasts of American economists can serve as an indicator, and one of them paints a particularly worrying picture for next … [Read more…]