Recent Posts

Trump signals openness to changes on Obamacare replacement

  Bloomberg President Donald Trump said that he’s open to negotiation on the Republican plan to repeal and replace the Affordable Care Act, as conservative and moderate GOP lawmakers push changes to the proposal. Trump was asked by Fox News’s Tucker Carlson whether the legislation, called the American Health Care Act, was the best Republicans could do after seven years ...

Read More »

It’s time to hit pause on China panic

  China’s National People’s Congress, which concluded on Wednesday, didn’t do much to ease the main worry about the world’s second-biggest economy: its large and growing pile of debt. In fact, to keep GDP growth ticking over at 6.5 percent or more, Chinese Premier Li Keqiang pledged a 12 percent expansion in credit this year. That implies about $2.7 trillion ...

Read More »

Zara is falling to earth

  Even Inditex SA can’t defy gravity forever. The Spanish owner of the Zara fashion chain is still delivering the sort of sales growth rivals can only dream about. Same-store sales rose 10 percent in the year through January, the fastest rate in 14 years. By contrast, many competitors are struggling to generate growth on the same basis. But the ...

Read More »
Send this to a friend