Tuesday, May 30News That Matters
Shadow

Tag: heightened

Covid has ‘heightened’ eating anxieties, say experts

Covid has ‘heightened’ eating anxieties, say experts

Health
Vickie RichardsonPhoenix Richardson is 15 and one of his favourite things to eat is chorizo. Cook it on a raclette and you have food heaven. Food hell includes a very long list of things, as is true for others with his condition, avoidant/restrictive food intake disorder, or ARFID. When the pandemic hit, Phoenix's mum, Vickie, was frantically buying up "safe" foods he would eat. Pasta and sausages was their shopping stockpile, not toilet roll. The Covid outbreak has been particularly difficult for people affected by eating disorders, says the charity Beat.Spokesman Tom Quinn said demand for their helpline "soared" as a result."It's not surprising," he explained, "as those affected and their families have had to cope with extreme changes to their daily routines, support networks and care pl...
UK economy facing ‘heightened risk of recession’

UK economy facing ‘heightened risk of recession’

Business
The UK's economy may have tipped into recession following a downturn in the dominant service sector, according to closely-watched figures.The IHS Markit/CPS purchasing managers' index for services fell to a six-month low of 49.5 in September. The 50 level divides growth from expansion.It suggests the economy shrank 0.1% in the three months to September, after a 0.2% fall in the previous quarter.Some experts urged caution, as official data last month eased recession fears.Combined with even weaker manufacturing and construction purchasing managers' indexes (PMI) earlier this week, September's all-sector PMI sank to 48.8 from 49.7. This was its lowest since the month after the referendum decision to leave the EU in June 2016, and before that 2009."Coming on...
A trading chart suggests stocks face a heightened risk of a 10-20% correction

A trading chart suggests stocks face a heightened risk of a 10-20% correction

Finance
The market may begin looking different after Labor Day. Even though stocks just completed a banner month, the Economic Cycle Research Institute's Lakshman Achuthan is waving a warning flag. Achuthan believes there's a heightened risk of a sell-off that could wipe out the recent all-time highs. He used a special chart of the S&P 500 over time on CNBC's "Trading Nation" to make his case. "What's unique about this chart is that we've marked off the slowdowns in the economy — the so-called growth rate cycle slowdowns," the institute's co-founder...