>"The penalty, imposed by Irish data regulators, brings European fines against Facebook’s parent company to more than $900 million since last year."

"The 0.2 percent decline followed a contraction of 0.4 percent in the first three months of the year — meaning that by one common but unofficial definition, the U.S. economy has entered a recession a mere two years after it emerged from the _...Read More_

"The U.S. economy contracted in the first three months of the year, but strong consumer spending and continued business investment suggested that the recovery remained resilient."

CNBC: White House sees strong GDP growth in 2022 despite additional economic risks. >"The White House sees more risks to _...Read More_

"Even as the U.S. economy grew at its fastest pace in decades in 2021, the recovery has more recently flashed troubling warning signs, with soaring inflation, whipsawing financial markets and slowing consumer spending complicating the _...Read More_

"The overall 2021 increase in the gross domestic product was the biggest in decades as the pandemic’s effects eased, though challenges continue."

"U.S. economy grew 5.7 percent in 2021, the fastest clip since 1984, creating jobs — and inflation during pandemic’s second year."

"The World Bank has cut its forecasts for China's economic growth this year and next, as the world's second largest economy faces mounting headwinds from the new Omicron variant to a severe property sector downturn."

>"Britain's mixed recovery and the shock of US inflation figures above 6% today kept the economic outlook at the forefront of investor thoughts."

>"China's economy grew just 4.9% in the third quarter of 2021, the weakest rate of expansion in a year as the country contends with a major energy crunch, supply chain disruptions, and deepening debt woes in its outsized property _...Read More_

An interesting development in the use of Amazon Ring doorbell systems in the UK. Looks like you can't just put them up wherever you want. Probably net positive with regards to curtailing a bit the surveillance culture that is swamping _...Read More_

"Ireland applies one of the largest penalties for GDPR abuses after pressure from other European countries"

Just as some patients recovering from Covid-19 suffer long-lasting symptoms, it’s becoming clear that the same will be true for the global economy once this year’s V-shaped rebound fades. While $26 trillion worth of crisis support and the _...Read More_

After a 30-year absence, inflation will finally make a return to the US economy as the country comes out of the COVID recession.

>"Red ink isn’t a problem as long as the country is spending on the right things."