Ep 186: Children and the economy

What’s going on? Recent research suggested that declining birth rates in many countries could reshape the global economy, which means it’s not as personal as some people might think. What does this mean? Why should I care? The bigger picture: Developing countries had better be prepared Zooming out: We may owe AI an apology Content source: 1….

Ep 183: Japan’s biggest wage deal

What’s going on? Japan’s biggest union group just won the biggest wage deal, which could push up the country’s prices. What does this mean? Why should I care? The bigger picture: What’s next for BoJ Zooming out: Bright future ahead Content source: Finimize (2024) Business As Unusual. Available at: https://finimize.com/content/business-as-unusual [Accessed on Mar 16, 2024]

Ep 179: Ride-hailing giant Uber finally saw a positive sign

What’s going on? Uber announced record-breaking bookings at its 1H update. What does this mean? Uber’s revenue more than double yoy to $8b: The number of Uber’s monthly users hit a new peak in 2Q, with an increase of 24% yoy. The number of highly-profitable airport trips also hit an all-time high; 2Q also marked…

Ep 175: The saddening UK economy growth and the wheels behind

What’s going on? The UK economy grew only 0.1% in July, 1/10 of the rate in June. What does this mean? While June was the end of a notably strong 2Q, which saw the UK economy grow 5%. T Things are now very different in 3Q, however: The government has withdrawn various economic support measures The supply…

Ep 168: China’s slower manufacturing activity and growth forecast, and the Eurozone’s CO2 emission price boom

What’s going on? In August, China’s manufacturing activity shrank for the first time since April 2020. What does this mean? China’s economy seems to be finally slowing down after having outperformed its rivals’ during the pandemic: a widely followed manufacturing activity survey (asking factory managers how busy they’ve been compared to the month before) showed activity in…

Ep 160: Deere’s promising update and the agriculture landscape

What’s going on? Deere & Co. posted better-than-expected earnings, as its agricultural equipment became a must-have for the industry. What does this mean? Farmers have been spending more on its machinery to meet demand, which brought Deere’s quarterly revenue and profit ahead of expectations by 11% and 16% respectively. And while that boom has started…

Ep 159: Iron ore price drop and the global economy

What’s going on? Iron ore price dropped to a 4-month low, as China decided to go green. What does this mean? Iron ore is a major component of steel, which is a major component of cars, buildings, and things that helps the world stay still. The recent price drop of iron ore might be largely…

Ep 137: Walmart’s worse-than-expected earnings

What’s going on? Walmart reported worse-than-expected earnings, driving its shares to fall by their biggest one-day drop in almost a year. What does that mean? With groceries, cleaning products, and plenty of other lockdown essentials, Walmart’s been a one-stop shop for Americans throughout the pandemic; especially when fresh government checks encouraged shoppers to buy last quarter….