The Chicago Business Barometer, also known as the Chicago PMI, plummeted to 37.2 in November from 45.2 in the prior month. This is the lowest level since the pandemic hit in early 2020. Read more
Tag: deeper
AMC should avoid ‘distractions’ like credit cards, popcorn and dive deeper into IMAX, says analyst
AMC Entertainment Holdings Inc., which reported its 12th consecutive quarterly loss on Tuesday, should avoid the “distractions” of its many new business ventures and dive deeper into its IMAX partnership, Read more
ABN Amro economist now sees more Fed rate increases followed by deeper cuts
ABN Amro economist now sees more Fed rate increases followed by deeper cuts
EU to deeper investigate Microsoft’s $75 billion deal for Activision Blizzard
The European Union’s competition watchdog said it would pursue an in-depth investigation into Microsoft Corp. MSFT, +0.28%’s planned $75 billion acquisition of Activision Blizzard Inc. ATVI, +1.49%, adding to the global scrutiny of whether the Read more
‘The situation has deteriorated.’ Deutsche Bank forecasts deeper Europe recession amid a war-fueled energy crisis
Hopes for a “mild recession” in Europe this winter have been abandoned by Deutsche Bank strategists, who have dramatically slashed their 2023 growth forecasts. The bank now expects EU-area growth Read more
‘The situation has deteriorated.’ Deutsche Bank forecasts deeper Europe recession amid a war-fueled energy crisis
Hopes for a “mild recession” in Europe this winter have been abandoned by Deutsche Bank strategists, who have dramatically slashed their 2023 growth forecasts. The bank now expects EU-area growth Read more
Europe risks protracted gas crisis after Russia makes deeper cuts to natural gas flows, say economists
European natural-gas prices soared in the past two sessions after Russia’s state energy giant Gazprom on Monday said it would dramatically cut natural-gas deliveries through its main pipeline to Europe, Read more