German economy shrinks in Q2 amid weak investment, consumer pessimism
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The Hill - Politics
5 ways the Fed’s rate cuts will affect workers and consumers
The Federal Reserve is widely expected to start cutting interest rates this week, marking an inflection point in the economy. The move is expected to have an effect on financing rates in various ...Yesterday -
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MarketWatch - Business
Tupperware Brands files for bankruptcy after years of weak sales
Tupperware Brands, the iconic food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years struggling with weak sales.Yesterday -
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CBS News - Top stories
Tupperware files for bankruptcy amid slumping sales
Tupperware and some of its subsidiaries have filed for Chapter 11 bankruptcy protection, the once-iconic food container maker said in a statement.Yesterday -
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CNBC - Business
Ray Dalio names the top five forces shaping the global economy
Speaking at the Milken Institute's Asia Summit in Singapore, the founder of Bridgewater Associates said the five factors are interrelated and often cyclical.Yesterday -
Financial Times - World
Tax threat and negativity undermine investment efforts, business leaders warn
Industry executives air concerns over prime minister and chancellor’s gloomy comments about public financesYesterday -
CNBC - Business
Oil stares at a bleak future as China's economy sputters. The good news: A market 'bust' is unlikely
Lower oil prices were the dominant theme in Asia's largest oil conference. The question was not whether oil will go lower, but mostly by how much will it decline in the coming years.Yesterday - China -
CBS News - Top stories
Pennsylvania struggling with low energy prices amid 2024 fracking focus
Vice President Kamala Harris and former President Donald Trump have focused on fracking, the process of injecting fluid into underground rock formations to extract oil and gas, in their respective ...Yesterday -
NBC News - Politics
Harris talks economy, Trump comments about immigrants in Ohio in NABJ event
Vice President Harris spoke at a discussion hosted by the National Association of Black Journalists in Philadelphia on Tuesday, weeks after former President Trump questioned her racial identity at ...Yesterday - Donald Trump -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
MarketWatch - Business
The second-largest economy in the world just raised its retirement age. American workers should take notice.
The U.S. is facing a similar retirement crisis, and there’s no easy solution.Yesterday -
Financial Times - Business
BlackRock and Microsoft plan $30bn fund to invest in AI infrastructure
Nvidia and Abu Dhabi-backed MGX will join effort as energy-intensive tech strains power and data gridsYesterday - Microsoft -
ABC News - Top stories
Another Southern California community faces gas shutoffs amid landslide threat
The Rancho Pales Verdes Peninsula is located about 30 miles south of Los Angeles.Yesterday - California -
MarketWatch - Business
A Fed interest-rate cut could make small-cap stocks a good investment now
U.S. small-cap stocks have staged an epic rally over the past month as the Federal Reserve is set to cut interest rates for the first time since 2020. Has the time for small caps finally come?Yesterday - Federal Reserve -
ABC News - Top stories
US retail sales ticked up last month in sign of ongoing consumer resilience
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rateYesterday -
CNBC - Business
Now is your last chance to lock in a guaranteed 5% return before the Fed cuts rates, investing experts say
The Federal Reserve is expected to reverse course this week and begin cutting interest rates. It may make sense for savers to lock in a high interest rate now.Yesterday -
CNBC - Business
Latinas contributed $1.3 trillion to U.S. economy, new report says. That number could be even bigger
A recent report funded by Bank of America revealed that Latinas contributed $1.3 trillion to U.S. GDP in 2021, and some economists think it could be more.Yesterday -
ABC News - Sports
College football guarantee games pay millions to small-budget schools but opportunities could shrink
Guarantee games are a staple of the college football seasonYesterday - College Football -
The Guardian - World
Brexit deal ‘stifling’ UK-EU trade; German investor morale tumbles – business live
EU-UK trade deal continues to hurt trade with 27% drop in exports since 2021 reports Aston University. UK’s post-Brexit checks on fruit and vegetables delayed for a third time Here’s Peter ...2 days ago - Germany -
Financial Times - World
German conservative leader Friedrich Merz says he will run for chancellor
Move sets up duel between CDU chief and SPD incumbent Olaf Scholz in 2025 poll2 days ago - Germany -
The New York Times - Top stories
New York Philharmonic Opens Its Season Amid Labor Talks and Troubles
The orchestra is working to negotiate a new contract with musicians, resolve a misconduct inquiry and hire a new chief executive.2 days ago - New York -
MarketWatch - Business
Retail sales rise again and show U.S. economy still on solid ground ahead of Fed rate cut
Sales at retailers rose slightly in August in a sign of resilience among U.S. households, suggesting the U.S. economy is still on solid footing as the Federal Reserve plots to cut interest rates.2 days ago - Federal Reserve -
The Hill - Politics
Ohio governor sending state troopers to Springfield schools amid threats
Ohio Gov. Mike DeWine (R) announced on Monday he has authorized a contingent of state troopers to be stationed at each school building in Springfield, Ohio, following a series of “unfounded” bomb ...2 days ago -
ABC News - World
German opposition Christian Democrats tap leader Friedrich Merz as their candidate for chancellor
Germany’s opposition center-right Christian Democratic Union has chosen its leader Friedrich Merz to be its candidate for chancellor in next year’s national election2 days ago - Germany -
The Hill - Politics
Dem PACs to make joint investment in swing states for National Voter Registration Day
Democracy Defenders PAC and Fair Fight, two Democratic PACs, plan to make a joint six-figure investment in battleground states to prepare for and fight voter suppression issues in November. In a ...2 days ago -
CNBC - Business
Big names like David Tepper and 'Big Short' investor Michael Burry are quietly upping their bets on the Chinese economy
From property woes to sluggish economic data, China appears to be suffering from long Covid.2 days ago -
The Wall Street Journal - World
U.S. Officials Jet to Beijing Amid Flood of Cheap Chinese Exports
In the talks, Washington intends to highlight concerns over China’s manufacturing overcapacity.2 days ago - China -
The Guardian - World
Unease as Russia-friendly ‘queen of the elections’ aims for more German poll success
Some see Sahra Wagenknecht’s brand of ‘left conservatism’ as a bulwark against AfD but others see reasons to be wary. Sahra Wagenknecht is not even on the ballot in the upcoming state election in ...2 days ago - Russia -
The New York Times - Top stories
China’s ‘Silver Economy’ Is Thriving as Birthrate Plunges
The shrinking population poses threats to growth but has opened opportunities for businesses that serve seniors.2 days ago - China -