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China's May factory activity flat as weak demand slows growth

China's May factory activity flat as weak demand slows growth BEIJING: China's factory activity was flat in May after two months of expansion, official data showed Sunday (May 31), as weaker demand and rising energy costs due to the Middle East war weighed on growth. The manufacturing purchasing manager's index - a key measure of industrial activity - was 50.0 in May, according to the National Bureau of Statistics (NBS). The 50.0 mark separates expansion from contraction.

Channel News Asia 10d ago

China May wholesale inflation hits near 4-year high on Iran war, AI costs; CPI misses

China's wholesale prices rose at the fastest pace in nearly four years in May, driven by surging raw material costs from the Iran war and an artificial intelligence investment boom, while consumer inflation came in below estimates. The producer price index jumped 3.9% from a year ago, the highest since July 2022, topping economists' forecast of 3.8%, and outpacing 2.8% in April, according to data released by the National Bureau of Statistics on Wednesday. Wholesale prices returned to growth...

CNBC 15h ago

Australians are spending less to consume more nicotine as illegal tobacco trade explodes

Australian Bureau of Statistics estimates nicotine consumption rose 40%, with illicit sources accounting for 80% of all tobaccoFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralians are consuming more nicotine than they were eight years ago but are spending less, new data from the Australian Bureau of Statistics shows, as 80% of the cigarettes smoked by the nation last year were cheaper illegal products. The analysis...

The Guardian World 7d ago

Deep learning four decades of human migration

Abstract Human migration is a fundamental driver of global demographic change, shaping population structure, labour markets and social policy across countries1,2,3. Although long-term migration patterns are often linked to economic development4, they can shift rapidly in response to shocks such as conflict, environmental crises and political change5. Despite its importance, migration remains difficult to measure consistently: existing data are sparse, concentrated in high-income settings and...

Nature 17h ago

If your sex life is dead, you can blame Steve Jobs

If your phone is too compelling, your sex life might not be. American birth rates have been declining for nearly two decades now, and researchers believe they’ve identified a potential new culprit: The iPhone. That’s right: A National Bureau of Economic Research working paper examines AT&T mobile broadband coverage from the iPhone’s 2007 launch until the company lost carrier exclusivity in 2011.

The Register 20h ago

Thursday Night Mowing League wants 40 million Americans to stop wasting weekends on their lawns

As we prepare our drinks, our piles of meat and our brains to enjoy the first weekend in June, I'm reminded of why we put in the work on Thursdays. I'm reminded of that feeling on Fridays when the workweek ends and there's this weight that is lifted off our shoulders. According to a 2024 U.S. Bureau of Labor Statistics report, "more people engaged in housework on weekend days than on weekdays, on average -- 41%, compared with 36%.

Fox News 4d ago

China's factory activity flatlines in May casting doubt over the economy

China's manufacturing sector barely held its ground in May, with official data showing activity slipping to its weakest reading in three months as the fallout from the Iran war and entrenched domestic weakness raise fresh doubts about Beijing's growth ambitions. China's vast factory sector lost momentum last month, according to official figures published on Sunday, renewing questions about how long the world's second-largest economy can withstand a deepening global energy crisis and stubborn...

Euronews 9d ago

US Consumer Price Index up 4.2%

An official website of the United States government Transmission of material in this release is embargoed until 8:30 a.m. (ET) Wednesday, June 10, 2026 USDL-26-0824 Technical information: (202) 691-7000 * [email protected] * www.bls.gov/cpi Media contact: (202) 691-5902 * [email protected] CONSUMER PRICE INDEX - MAY 2026 The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.5 percent on a seasonally adjusted basis in May, after rising 0.6 percent in April, the U.S. Bureau of...

Hacker News 1h ago

Domestic violence survivors say it's 'powerful to be heard' through art

Domestic violence survivors tell stories through art in Toowoomba Tue 2 Jun 2026 at 8:59am Warning: This article contains references to domestic violence that may be distressing to some readers. Elizabeth (surname withheld for privacy reasons) hadn't picked up a paintbrush in years.

ABC Australia 8d ago

Victoria 'failing the whole nation' in enforcement of anti-vaping measures

Quit Victoria aims new campaign at vapers while warning laws fall short Fri 5 Jun 2026 at 5:23am In short: Quit has launched a new campaign warning young people of the health dangers posed by vaping. Anti-vaping advocates say tobacco inspectors in Victoria do not have enough powers to stop illegal vape products.

ABC Australia 5d ago