China's Factories Drive Uneven Economic Recovery
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Beyond tariffs, US economic strength is key to containing China
By leveraging its economic strength and showing unwavering determination, the U.S. can reestablish its prestige, deterring and inhibiting the CCP from challenging Taiwan or the global order.The Hill - Politics - China -
Mercedes-Benz workers at an Alabama plant voted against joining the UAW, blunting the union's efforts to organize drives at foreign-owned factories.
Mercedes-Benz workers at an Alabama plant voted against joining the UAW, blunting the union’s efforts to organize drives at foreign-owned factories.The Wall Street Journal - World -
Putin visits China’s ‘Little Moscow’ as allies seek to cement economic ties – live
Leader visits city known for historically large Russian population on second day of visit. Putin and Xi announce plans to strengthen military ties in BeijingWhile Putin’s visit to China continues, back in Russia his deputy foreign minister has ...The Guardian - World - China -
Tesla’s Controversial Factory Expansion Is Approved
After anti-Tesla activists clashed with police in Germany last week, local councillors today backed Elon Musk’s plan to make Tesla’s only European Gigafactory even bigger.Wired - Tech -
Introducing The Economics Show with Soumaya Keynes
On the first episode: has the US finally borrowed too much?Financial Times - World -
Driving the Alaska Highway
On an epic road trip, a family plots a course from Alaska to the Lower 48, passing through some of Canada’s most spectacular scenery. The tally: 2,200 miles, five national parks, numerous hot springs and one excellent reindeer hot dog.The New York Times - Top stories - Alaska -
UAW Loses Unionization Vote at Mercedes Factories in Alabama
The election, fiercely opposed by the state’s political leaders, was seen as a test of the United Automobile Workers’ ability to unionize factories in the South.The New York Times - Business -
Ukrainian women wanted in factories as men drafted into army
ArcelorMittal steel plant says hiring female workers is a matter of survival for the companyFinancial Times - Business - Ukraine -
The furniture industry’s recovery relies on customers getting used to paying more
Here’s what the furniture industry is counting on to power its upswing.MarketWatch - Business -
An Economic Peace Plan for Gaza Is Bound to Fail
Unless it follows an unconditional surrender.The Wall Street Journal - World -
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Steve Jobs' former intern on why college grads should pay $50,000 to work with the best people
Steve Jobs former intern suggests that college grads identify to best people to work for and "then pay them $50,000."CNBC - Business -
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Consumer confidence still below pre-pandemic levels despite economic rebound
Public mood in advanced countries remains low as cost of living crisis keeps households under pressureFinancial Times - Business -
Ursula von der Leyen backs EU budget links to economic reforms
European Commission president seeks to replicate ‘success’ of post-pandemic recovery fundFinancial Times - Business - European Union -
The ship that caused the collapse of Baltimore's Francis Scott Key Bridge was refloated amid ongoing recovery efforts at the port.
The ship that caused the collapse of Baltimore’s Francis Scott Key Bridge was refloated amid ongoing recovery efforts at the port.The Wall Street Journal - World -
Unity for Humanity awards grants to drive social change
Unity, the maker of the Unity game engine, announced 2024 Unity for Humanity grant winners and honorees, all of whom will receive bespoke awards from a pool of $500,000. Judged based on the vision, impact, inclusion, and viability of their ...VentureBeat - Tech -
Dell Technologies building AI Factory with Nvidia, growing AI efforts with Hugging Face, Meta and Microsoft
Dell Technologies tackles enterprise AI challenges with AI Factory approach alongside expanded Nvidia, Hugging Face and Meta partnerships.VentureBeat - Tech - Artificial Intelligence -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - World -
Grab Sees Generative AI Boosting Cost-Cutting Drive
Southeast Asian ride-hailing and delivery specialist Grab Holdings is using generative artificial intelligence to trim expenses and boost a cost-cutting drive in its continuing bid to achieve profitability.The Wall Street Journal - Business -
Musk Effect Drives Spread of Supersize CEO Pay Packages
Elon Musk didn’t just upend the global auto business and space missions. The billionaire is also reshaping the landscape of executive pay.The Wall Street Journal - World - Elon Musk -
Economics adds up for Dante delight but Derby picture left murkier than ever
Winner may be favourite if switched to run at EpsomColt pulled out as trainer fears would not act on trackThe Dante Stakes, the last recognised Derby trial before the Classic on 1 June, had the emphatic winner that everyone had turned up hoping to ...The Guardian - World -
Economic damage from climate change six times worse than thought – report
A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found. The economic damage wrought by climate change is six times worse than previously thought, with global heating set to shrink wealth ...The Guardian - World - Climate -
The Cost of Competing With China
The Biden administration is betting that new China tariffs will be politically popular, even if they could slow the transition from fossil fuels.The New York Times - Top stories - China -
This gold rally is made in China
The average daily trading volume on the Shanghai Gold Exchange almost doubled in AprilFinancial Times - Business - China -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
China Is Not Just Another Trading Partner
‘I support free global trade except with countries that cheat and steal and use slave labor.’The Wall Street Journal - World - China -
Apple Slashes iPhone Prices in China
As chief Chinesecompetitor Huawei steps up competition, Apple offers huge discounts to stem sales slump.Inc. - Business - Apple -
China Vanke Secures Fresh Loan
The major Chinese developer has secured a fresh loan that takes its total borrowings this month to more than US$1 billion, part of ongoing efforts to temper liquidity pressures as it seeks to finish housing projects.The Wall Street Journal - World - China -
Fed’s Barkin says consumers are driving inflation. Here’s what they’re willing to pay more for.
The service sector “has changed their view” and believes consumers will accept higher prices and are going to raise them until households balk.MarketWatch - Business -
Jamie Dimon sees ‘happy talk’ driving markets as he maintains cautious view
JPMorgan Chase chief executive is sticking to his outlook that a soft landing for the economy is less likely than markets expect.MarketWatch - Business -
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‘We are very strong’: Georgia’s gen Z drives protests against return to past
Resolutely European young people brave violent repression to loudly reject ‘foreign agents’ law and alignment with Moscow. Mariska Iurevicz’s mother has been crying a lot recently. “She is always asking when I’ll be home”, the 22-year-old says. “I ...The Guardian - World -
Angry Tesla Owners Will Take EV Maker to Court Over Self-Driving Autopilot Claims
A judge declined to throw out the class action suit against Tesla brought by buyers who said the company's self-driving tech forecasts were misleading.Inc. - Business - Tesla -
ChatGPT now lets you import files directly from Google Drive, Microsoft OneDrive
Users can find it by clicking the tiny paper clip icon to the left of their prompt/text entry bar at the bottom of the ChatGPT interface.VentureBeat - Tech - Google -
José Ramírez homers, drives in 3 runs as AL Central-leading Guardians wallop scuffling Twins 11-4
José Ramírez homered and had three RBIs and Logan Allen pitched six strong innings, sending the Cleveland Guardians to an 11-4 romp over the Minnesota Twins, who lost their fifth straight gameABC News - Sports - MLB -
Can pink noise enhance sleep and memory? Early research drives a color noise buzz
White noise is frequently used to mask background sounds and it now has competition in a rainbow of colorsABC News - Health -
Georgia WR Sacovie White arrested on reckless driving charge in latest traffic-related incident for program
White is the latest in a long string of driving-related incidents for Georgia's football programCBS Sports - Sports -
2024 Indy 500: MLB legend Ken Griffey Jr. to drive pace car for 'The Greatest Spectacle in Racing'
The Baseball Hall of Famer will lead the Indianapolis 500's field of 33 in a 2024 Chevrolet Corvette E-RayCBS Sports - Sports - MLB