After months of a remarkably strong US labor market and economy, everything seems to be slowing down. The latest high-frequency data shows that the consumer
Year: 2023
Home prices just broke a decade-long streak
The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year increases,
Cheez-It and Pringles company gets a new name
Kellogg has picked a name for its new spinoff companies. They sound a lot like their old names, but with a new spin. The unit
First Republic Bank stock tumbles on credit downgrade and deposit worries
First Republic Bank’s credit rating was downgraded on Wednesday by both Fitch Ratings and S&P Global Ratings on concerns that depositors could pull their cash
What’s the next Silicon Valley Bank — and how can the US prevent more chaos?
Silicon Valley Bank failed in rapid, stunning fashion Friday. This week, the tech and banking sector are growing skittish about the next shoe to drop.
The car of the future? Ford applies for patent on car that can automatically repossess itself
Ford has some interesting ideas on what self-driving cars might soon be able to do. Besides freeing us from the tedium of commuting, the company
Fruit, vegetable and flower exports reach a record 2.040 million
Portuguese exports of fruit, vegetables and flowers will reach a record value of 2,040 million euros in 2022, a 15.6% increase over 2021, Portugal Fresh
Judicial officers on strike hold protest today at Campus Justice
The bailiffs, who have been on an indefinite strike since January 10 to work in the afternoon, are holding a sit-in today in Lisbon to
European bourses trade higher at the start of a lively week
European stock markets are trading higher this Monday, with the exception of Paris, in a busy week that will be marked by the monetary policy
Airport. A mayor’s opinion “is not a technical criterion”
The opinions of the mayors will not be part of the criteria for analysis of the different options for airport expansion in Lisbon, by the