Amazon.com Inc. 's first satellite was launched into orbit, moving the e-commerce company one step closer to a satellite Internet business that it hopes will compete with SpaceX and other rivals. A rocket carrying two prototype Amazon satellites blasted off from a launch pad in Florida on Friday afternoon, according to the live stream. The tech giant hopes the mission will demonstrate how the two satellites perform in space while testing other systems. Amazon unve ... 阅读全文

Fast fashion giant Shein is expected to announce on Friday the appointment of a new executive to oversee the company's global growth plans as it seeks to diversify its supply chain outside of China. Marcelo Claure, a former executive at SoftBank Group, will serve as vice chairman, based in New York, with responsibilities that include expanding production outside of China to be closer to customers. "We're not trying to replace China." "What we want to do is look fo ... 阅读全文

Loretta Mester, president of the Federal Reserve Bank of Cleveland, said Friday that the day's jobs report didn't change her view that the labor market remains strong, Whether the Fed will raise rates further will depend on more data to be released. "Inflation is still too high, inflation continues to be high, but at least we are seeing progress," she said. Whether we need to tighten monetary policy further will really depend on all the data we get between now and ... 阅读全文

On October 6, local time, the survey results released by the Ministry of Internal Affairs and Communications of Japan showed that due to the continuous inflation, the real income of working families declined, and the real household consumption of Japan in August fell for 6 consecutive months compared with the same period in real terms. According to the survey, the average consumption expenditure of Japanese households with two or more people in August was about 29 ... 阅读全文

U.S. consumer borrowing unexpectedly fell in August by the largest amount in more than three years, reflecting a record decline in non-revolving credit tied to the Biden administration's forgiveness of student loans. Total credit fell by $15.6 billion, according to Federal Reserve data on Friday, which are not adjusted for inflation. The median estimate in a survey of economists was for an increase of $11.7 billion. Non-revolving credit, such as loans for tuition ... 阅读全文

Saudi Arabia has told the White House it is willing to boost crude oil production early next year if prices remain high, according to Saudi and US officials. The move is aimed at winning congressional support for a deal under which Saudi Arabia would recognise Israel and be able to sign defence agreements with the US. The understanding is part of efforts to reach a three-way deal that could also include US nuclear aid and represents a marked shift for Riyadh. A ye ... 阅读全文

Former US Treasury Secretary Lawrence Summers said the surge in US jobs in September is "good news" for now, but it also shows the Federal Reserve's interest rate hikes are not working as well as before, increasing the danger of a hard landing for the economy. Data on Friday showed U.S. employers added 336,000 jobs in September, nearly double economists' expectations, after upwardly revised payrolls in the previous two months, though the report also showed wage gr ... 阅读全文

According to the USA Today website reported on October 6, at a time when a poll showed that nearly 70 percent of Americans believe that the overall economic condition of the country is worsening, US President Joe Biden blamed the media for the continued anxiety of the people about the economy. According to data released by the US Department of Labor on the 6th, the US unemployment rate was unchanged at 3.8% in September this year. The non-farm sector added 336,000 ... 阅读全文

Fumio Kishida is trying to seize the "last chance" to revive Japan. Speaking at a roundtable on Friday, October 6, Japanese Prime Minister Fumio Kishida called on asset management giants like BlackRock to invest in "the future of Japan." Fumio Kishida said: After decades of deflation and stagnant growth, Japan's economy and wages are growing again, while Japanese stock prices are near their highest levels in 33 years. Larry Fink, the chief executive of BlackRock ... 阅读全文

President Abdel Fattah Al-Sisi said on Monday that Egypt has paved the way for a better economic future by building advanced and adequate infrastructure over the past few years by providing the required investment funds, estimated to be in the trillions of dollars. Sisi was speaking at the annual meeting of the Asian Infrastructure Investment Bank in Sharm el-Sheikh. "Multilateral financial institutions may need to provide more low-cost financing to help emerging ... 阅读全文

Since early August, the prospects for a mild landing in the US economy have dimmed. A combination of economic, financial and, perhaps most important, political factors has made it clear that the US is in more danger than is widely believed. Most investors still insist that the United States is the "cleanest dirty shirt" in the global economy. This is mainly due to the US dollar's status as the world's reserve currency, but also because of the dominance and attract ... 阅读全文

If the US economy collapses, it will affect the global economy, so is it true? The experts' latest reading is in. The topic has been widely discussed on the Internet since Fox News published a report on October 5 that the United States could face the worst economic collapse since the Great Depression in the next two years. This article proposes that from the perspective of multiple data, the amount of money available in the United States at this stage is shrinking ... 阅读全文

Former U.S. Treasury Secretary Lawrence Summers said Friday that a surge in U.S. job growth last month is "good news" for now, but it also shows the Federal Reserve's interest rate hikes are not working as they once did, increasing the danger of an economic hard landing. "Our economy is kind of like Energizer Bunny," he said on one show. But with job growth accelerating, the risk of a hard landing may look a bit greater." Considered one of the most recognizable ad ... 阅读全文

[The long holiday during the jump in US Treasury yields across the board: Why? The reasons for this year's surge in Treasury yields are varied. The commentary argues that the US economy has escaped the risk of a hard landing, the downgrade of the US debt rating and the slowdown in China's economic growth are the three main reasons for the rise in US bond yields. The Financial Times attributed it to changes in supply and demand caused by the US government's growing ... 阅读全文

After a week of fierce fighting, the three major U.S. stock indexes finally recovered most of their losses on Friday, including a 1.6% gain in the Nasdaq and a 0.3% decline in the Dow. Based on the recent situation, it is not difficult to find that the US Treasury yield is playing an increasingly important role in the financial market. Some Fed officials mentioned that the factors that led to the surge in US bond yields were mainly from economic data that was sign ... 阅读全文

According to Wandefu Education and technology official micro, recently, Henan Wandefu Education and Technology Co., Ltd. signed a strategic cooperation agreement with New Oriental, marking Wandefu and New Oriental cooperation agreement project officially entered the implementation stage.

Coca-Cola's feat of continuously increasing dividend payments for 60 years has been one of the most popular stories among U.S. stock investors, and its strong profit margins and large cash flow have made investors including Warren Buffett favor it, and Coca-Cola has been one of Buffett's top five holdings for many years. However, the company, known as the "evergreen" of the beverage industry, has suffered a rare setback this year. Coca-Cola shares fell 2.03 perce ... 阅读全文

During the National Day, some economic data in the United States still showed resilience, the Federal Reserve attitude was still biased, the long-end US Treasury yields rose rapidly, major asset prices generally fell, crude oil prices fell the most, and Hong Kong stocks were also dragged down by the external environment. In our view, until the US economy weakens significantly, excess savings are exhausted, and labor market supply and demand bottlenecks are signifi ... 阅读全文

Elon Musk's "cash printing machine" could come online sooner! Tesla's lithium refinery is said to be in production next year. In October, Musk confirmed Tesla plans to build a lithium refining facility on the Texas Gulf Coast to gain more control over the electric vehicle battery supply chain.

The S&P 500 Index and NASDAQ Composite Index both rose during the Chinese National Day holiday, and the Nasdaq Index rose more than 1%. The U.S. economy remains strong enough for financial markets to absorb higher borrowing costs. Another key factor in the stock market's strong performance has been rising profit forecasts for U.S. companies.