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Tag Archives: downturn

Apple Q2 earnings for 2019 show iPhone business downturn, but fast-growing services

The iPhone XS (left) and XS Max (right). Photo: Marcio Jose Sanchez (AP) Everyone has a theory: maybe iPhones are too expensive. Perhaps Apple's quality control seems to be weaker or they have alienated consumers by removing consumer-friendly features like the headphone jack. Perhaps iPhones are becoming more and more expensive at a time when consumers have realized that the …

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While the Venezuelan economy is no longer spreading, Maduro's opponents hope that the downturn will trigger it

PUERTO ORDAZ, Venezuela – President Nicolás Maduro from Venezuela has been driving into a battered ironworks this month to announce his export capacity against the backdrop of tightening American sanctions. "No one will stop us," he said with his wife At his side, they were watching a briquette conveyor belt in the Guayana Steel Complex. "These are the days of …

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Sabates believes that France unfairly blames the NASCAR downturn

CHARLOTTE, NC – One of the long-standing NASCAR participants believes that Brian France was unfairly blamed for the downturn in NASCAR. France has taken an absence as Chairman and CEO of NASCAR after his arrest on Sunday night for driving while driving drunk and criminal possession of Oxycodon. He has held the position since 2003 and made radical changes to …

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New Jersey and Kentucky pensions could run dry during the economic downturn

Government pension funds risk becoming dry when the economy slows down, according to a recent study by The Pew Charitable Trusts. The study, published this month, found that pension funds are in New Jersey and Kentucky Most at risk is the risk of a collapse due to a steady decline in public finance funding. In both countries, between 2000 and …

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Euro-Area Engine sputter as German downturn sharpens risk

Economic expansion in the eurozone is increasingly on shaky ground after reports have shown that investor confidence in Germany is stagnating at its lowest level since late 2012 and the risk of a recession in the nation. The ZEW sentiment indicator showed more investors Now we see a worsening of the largest economy in Europe than expected, an improvement, a …

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China March factory, consumer inflation slows in the wake of the economic downturn

PEKING (Reuters) – China's producer price inflation continued its cool course in March, slowing to a 17-month low and supporting expectations of a further slowdown in economic growth this year. FILE PHOTO – Employees working in a dairy factory in Beijing, July 5, 2013. REUTERS / STRINGER Consumer inflation also declined over the past month, with official demand dropping due …

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