Business

End of the Easy Money: Bank of England discusses tightening amid ‘altered consumer behavior’, visions of lingering inflation

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[ad_1] “It is appropriate” that the markets assess “a much earlier tightening path than before”. By Wolf Richter for WOLF STREET. Inflation in the UK fell from less than 1% earlier this year to 3.2% in August, the highest in 10 years, with core inflation – excluding food and energy – reaching 3.1% . OK, … Read more

Food Truck Frenzy Draws Crowds at Salmon Run Mall in Watertown

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[ad_1] WATERTOWN, New York (WWNY) – If you pulled into Salmon Run Mall on Sunday on an empty stomach, you were in luck. This is because the mall has organized a Food Truck Frenzy. The parking lot was packed with people trying the unique food trucks. Everything from Filipino cuisine to seafood and desserts. Arts … Read more

Southwest Airlines flights canceled by the hundreds this weekend

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[ad_1] Southwest Airlines canceled hundreds of flights over the weekend, blaming the woes on air traffic control issues and the weather. The airline canceled more than 1,000 flights in total, or 29% of its schedule, as of 4 p.m. PT on Sunday, according to FlightAware flight tracking. It was by far the highest rate of … Read more

Tesla teases new colors for Model Y made in Germany

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[ad_1] The Tesla Giga Berlin factory in Grünheide near Berlin is expected to be equipped with a state-of-the-art paint shop, which will be able to achieve exceptional color depth. It would be a nice upgrade from the current base offering in five colors (white, black, blue, red and gray). At the recent Gigafactory Berlin-Brandenburg County … Read more

Who runs China Evergrande? What you need to know about founder Hui Ka Yan – Bloomberg

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[ad_1] Who runs China Evergrande? What you need to know about the founder Hui Ka YanBloomberg Beyond Evergrande, China’s real estate market faces a $ 5,000 billion calculationThe Wall Street Journal Modern Land Seeks to Extend Debt Maturity: Evergrande UpdateYahoo finance Fundraising by Chinese real estate trust products crumbles amid Evergrande woes – mediaReuters Australian … Read more

Chinese tech stocks surge after Meituan fined antitrust

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[ad_1] GUANGZHOU, China – Meituan shares jumped more than 7% on Monday, pushing Chinese tech stocks up, after the food delivery giant was fined following an antitrust investigation. China’s State Administration for Market Regulation (SAMR) on Friday said Meituan had abused its dominant position in the country’s online food delivery market. The market regulator said … Read more

John Deere employees reject tentative agreements

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[ad_1] MOLINE, Ill (KCRG) – Unionized workers at John Deere rejected a new contract deal on Sunday, October 10. Hundreds of unionized John Deere workers gathered at the TaxSlayer Center in Moline on Sunday to vote on the new interim six-year contract. It reportedly covered more than 10,000 workers at 14 facilities across the United … Read more