1970s Economic Crisis
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Nature destruction will cause bigger economic slump in UK than 2008 crisis, experts warn
Green Finance Institute report said further pollution could cut 12% off GDP by 2030s. The destruction of nature over the rest of the decade could trigger a bigger economic slump in Britain than those caused by the 2008 global financial crisis and ...The Guardian - World - United Kingdom -
Revealed: UK government was warned of infected blood risks in 1970s
Documents show officials were told blood plasma harvested from US convicts was contaminated with viruses. • Read more: the true story of the UK infected blood scandal; plus: ‘My mum gave the injections that killed my brothers’. A commercial blood ...The Guardian - World - United Kingdom -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - Business -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Inside the Crisis at NPR
Listeners are tuning out. Sponsorship revenue has dipped. A diversity push has generated internal turmoil. Can America’s public radio network turn things around?The New York Times - Business -
Greece’s economic rebound in (painful) context
Scar tissue that I wish you sawFinancial Times - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Crisis at Pearl Harbor I Sunday on 60 Minutes
Jet fuel from a Navy facility leaked into the water system, contaminating the drinking water for thousands of military families. Families say they are dealing with ongoing health issues and are suing the government. Sunday.CBS News - Top stories -
The misguided laws contributing to America’s rural health crisis
CON laws deter new hospitals from forming and, by doing so, exacerbate the rural health care crisis.The Hill - Politics -
The Papers: 'Return of the King' and 'teacher shortage crisis'
The King's return to public duties, a report on the lack of teachers in schools, and chicken 'megafarms' lead the papers.BBC News - Top stories -
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 -
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China factory profits slip as overcapacity troubles economic recovery
US and EU have raised alarms about Beijing’s plans to use manufacturing to boost lagging growthFinancial Times - Business - China -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Nike’s Layoffs Prove the Olympics Can’t Solve Its Midlife Crisis
Nike’s reputation—and sales—are both in trouble. Now layoffs threaten to sour hopes that the Paris games could turn its fortunes around.Wired - Tech -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - Business - Premier League -
McKinsey Faces Criminal Probe for its Role in Opioid Crisis
The Justice Department is investigating the consulting firm over its role in advising drug makers how to market prescription painkillers and contributed toa national addiction disaster.Inc. - Business -
Flint residents still seeking justice after 10 years of water crisis
Ten years ago, a water crisis began when Flint, Michigan, switched to the Flint River for its municipal water supply. The more corrosive water was not treated properly, allowing lead from pipes to leach into many homes. CBS News correspondent ...CBS News - Top stories -
San Diego official says city is ‘new epicenter’ of border crisis
A San Diego official on Thursday dubbed his city the “new epicenter” for the border crisis and criticized California for “inflicting this upon ourselves.” “San Diego is the new epicenter for migrants and illegal immigration,” San Diego District 5 ...The Hill - Politics -
Haitian premier Ariel Henry steps down amid gang crisis
Transitional council to run poverty-stricken country in deal backed by US and Caribbean nationsFinancial Times - World - Premier League -
Escalating Myanmar crisis rare opportunity for US-China cooperation
Rapid escalations in Myanmar’s civil war are creating a rare opening for potential cooperation between the U.S. and China, with the chaos and violence in Southeast Asia posing a threat to both countries' interests overseas. While Washington and ...The Hill - Politics - China -
Middle East Crisis: U.S. Won’t Suspend Aid, for Now, to Israeli Unit Accused of Abuses
Secretary of State Antony J. Blinken said the United States is working with Israel to address charges against the unit, which has been accused of human rights violations in the West Bank.The New York Times - World - Israel -
Leader of Federal Student Aid Office Steps Down After FAFSA Crisis
During Richard Cordray’s tenure at the agency, the botched rollout of the new FAFSA upended the college admissions process.The New York Times - Top stories -
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.The New York Times - Business -
Middle East crisis live: Hamas ‘reviewing new Israeli ceasefire proposal’
Senior Hamas official Khalil al-Hayya said the Palestinian militant group was evaluating Israel’s proposal. See all our coverage of the Middle East crisisThree people have been killed in Israeli strikes on southern Lebanon on Saturday, including ...The Guardian - World - Israel -
What Would Jesus Do? Tackle the Housing Crisis, Say Some Congregations.
The “Yes in God’s Backyard” movement to build affordable housing on faith organizations’ properties is gaining steam in California and elsewhere.The New York Times - Top stories -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World