News from Nashville & around the world
Amazon commenced a wide-ranging review of costs and discovered the company “needed to streamline our costs,” CEO Andy Jassy said. U.S. News
Uncertainty has Goldman CEO David Solomon operating cautiously as central banks around the world tighten financial conditions to combat inflation, he said. International: Top News And Analysis
HSBC Asset Management has told investors to prepare for the “mission economy” and an important shift in the macro regime. International: Top News And Analysis
Xi’s underlying message is this: the U.S. may once have been “the indispensable nation,” but China now has become “the indispensable economy.” International: Top News And Analysis
German Finance Minister Olaf Scholz said he is confident the economy can return to pre-crisis levels by 2022, but that European leaders needed to work together. International: Top News And Analysis
Bank of England Governor Andrew Bailey has denied suggestions that the central bank’s economic outlook is too optimistic in the wake of its latest monetary policy report. International: Top News And Analysis
German GDP (gross domestic product) shrank by 2.2% in the first quarter compared to the final three months of 2019, official statistics revealed Friday. International: Top News And Analysis
Areas such as construction should be the first to come back, John Williams told CNBC. U.S. News
The coronavirus crisis is bringing the United States economy to screeching halt, as satellite imagery shows every sector getting hit. U.S. News