HONG KONG—China’s economy showed modest signs of improvement in August as stimulus measures kicked in, though renewed Covid-19 curbs and a worsening property downturn continue to damp the outlook for the world’s second-largest economy.
A raft of data released Friday by Beijing offered a mixed picture: Infrastructure investment picked up more quickly than expected, but consumer spending remained weak and property prices accelerated their declines.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Laguna Honda had its biggest COVID-19 outbreak in August 2022The update comes as LagunaHonda is currently seeking to gain recertification after the facility was stripped of federal funding in April following a series of failed safety and regulatory inspections.
Source: sfexaminer - 🏆 236. / 63 Read more »
Tracking COVID-19 in Alaska: State reports 26 additional deaths between January and AugustThe state health department reported 25 additional COVID-19 deaths among Alaska residents and one new nonresident death, all between January and August of this year.
Source: adndotcom - 🏆 293. / 63 Read more »
Laguna Honda had its biggest COVID-19 outbreak in AugustLaguna Honda Hospital and Rehabilitation Center experienced its largest COVID-19 outbreak to date in the month of August, more than two years after the height of the pandemic.
Source: sfexaminer - 🏆 236. / 63 Read more »
U.S. producer prices notch second straight monthly decline in AugustU.S. producer prices fell for a second straight month in August as the cost of gasoline declined further, resulting in the smallest annual increase in a year, which could allay fears of inflation becoming entrenched. Wow just wow. But still up overall
Source: Reuters - 🏆 2. / 97 Read more »
Cubs sweep Mets, win three straight for first time since AugustCubs starter Drew Smyly (7-8) allowed two runs — one earned — and four hits in five innings. He struck out five and walked one.
Source: cbschicago - 🏆 546. / 51 Read more »
US: Annual PPI declines to 8.7% in August vs. 8.8% expectedThe Producer Price Index (PPI) for final demand in the US declined to 8.7% on a yearly basis in August from 9.8% in July, the data published by the US
Source: FXStreetNews - 🏆 14. / 72 Read more »