Economic Report A Modest Recession Will Begin in the Second Half of 2023 Fannie Mae
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You need at least $1 million to retire comfortably in these 10 U.S. states—half are in the Northeast
While not everyone hopes to retire as a millionaire, you may need to be one to retire comfortably in these U.S. states, per GOBankingRates.CNBC - Business -
Half of U.S. households can only afford a $400 car payment. Their options — new or used — are scarce.
The large number of buyers seeking a low-cost, entry-level vehicle are underserved in today’s market.MarketWatch - Business -
Jamie Dimon thinks the odds of a ‘soft landing’ are about half of what Wall Street expects
The JPMorgan Chase CEO’s Wall Street Journal interview covered a range of topics — from his morning routine to his views on the Fed.MarketWatch - Business -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
U.S. Begins Construction of Gaza Pier as Rafah Invasion Looms
More humanitarian aid could reach the enclave’s north via the floating pier, including if a planned Israeli ground offensive disrupts deliveries in the south.The Wall Street Journal - World -
Europe live: Venice residents protest as city begins visitor charging scheme
Locals say city is against plan and accuse authorities of turning Venice into a ‘theme park’ by charging day trippers for visits. The latest target in Amsterdam’s decade-long battle against overtourism is an unlikely one: river cruises.. City ...The Guardian - World -
Trial over jet fuel contamination in Hawaii's water set to begin
More than two years after jet fuel leaked into the system supplying water to almost 93,000 people in Hawaii, families impacted are taking the U.S. government to trial.CBS News - Top stories -
Trump trial: Defense attorneys begin cross-examination of David Pecker
The New York criminal trial of Donald Trump resumed with testimony from former National Enquirer publisher David Pecker.CNBC - Business - Donald Trump -
China-U.S. ties "beginning to stabilize," but it won't be an easy road
After meeting China's leader Xi Jinping, Antony Blinken says both sides agree that difficult discussions are essential to avoid "any miscalculations."CBS News - Politics - China -
China-U.S. ties "beginning to stabilize," but it won't be an easy road
After meeting China's leader Xi Jinping, Antony Blinken says both sides agree that difficult discussions are essential to avoid "any miscalculations."CBS News - Top stories - China -
U.S. Army Begins Building Floating Aid Pier off Gaza
The structure is meant to allow humanitarian assistance to enter Gaza via the Mediterranean Sea, bypassing Israeli restrictions on land convoys.The New York Times - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
The U.S. fertility rate fell to 1.62 births per woman in 2023, a 2% decline from a year earlier and the lowest rate since the government began tracking it in the 1930s.
The U.S. fertility rate fell to 1.62 births per woman in 2023, a 2% decline from a year earlier and the lowest rate since the government began tracking it in the 1930s.The Wall Street Journal - World -
Man City thrash Brighton to go second in table
Manchester City move to within one point of Premier League leaders Arsenal by thrashing Brighton 4-0 at Amex Stadium.BBC News - Top stories