Latest in Philadelphia Fed’s manufacturing gauge shows activity contracted in November
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Philadelphia Fed’s manufacturing gauge shows activity contracted in November
The Philadelphia Federal Reserve said Thursday its gauge of regional business activity stumbled to negative 5.5 in November from 10.3 in the prior month. Any reading below zero indicates ...Business - MarketWatch - 8 hours ago -
Inflation Cooled Further in September, PCE Index Shows
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.Business - The New York Times - October 31 -
A key manufacturing index in China turned positive in October after months of contraction
A closely watched survey on manufacturing in China has edged into positive territoryWorld - ABC News - October 31 -
Treasury yields finish mixed as spike in rates sparks buying demand
Yields on U.S. government debt closed little changed on Friday after a post-data spike in rates triggered buying demand for most Treasurys.Business - MarketWatch - 6 days ago -
Inflation falls to lowest level since 2021 in Fed’s preferred gauge
Price increases have fallen to their lowest level in more than three years in the latest reading of the Federal Reserve’s preferred inflation gauge, strengthening the outlook for more interest rate ...Politics - The Hill - October 31 -
Treasury volatility gauge plunges as bond traders navigate election, the Fed
Yields on U.S. government debt finished mixed on Friday amid lower volatility as traders absorbed the election of Donald Trump as U.S. president and the Federal Reserve’s 25-basis-point ...Business - MarketWatch - November 8 -
Charities, universities and GPs warn NI tax rise will hit jobs and services
Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodiesBusiness - Financial Times - November 1 -
Rachel Reeves defiant after historic tax and spend Budget
Verdict of markets will be critical for UK chancellor’s plans to increase government borrowingBusiness - Financial Times - November 1 -
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Eurozone activity contracts again in October, S&P PMI surveys suggest
The eurozone’s economy looks set to weaken further, with activity contracting for a second-straight month, as policymakers at the European Central Bank consider whether to accelerate interest-rate ...Business - MarketWatch - October 24 -
Manufacturing activity surges in New York region to highest level in nearly three years
The New York Federal Reserve’s Empire State business conditions index, a gauge of manufacturing activity in the state, surged 43.1 points in November to 31.2, the regional Fed bank said Friday. It ...Business - MarketWatch - 6 days ago -
Eurozone economic activity still in decline, PMI survey shows
Bloc ‘stuck in a rut’ as growing services sector cannot offset continued weakness in manufacturingBusiness - Financial Times - October 24 -
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Why you should open a $10,000 CD before the November Fed meeting
For many savers, it makes sense to deposit $10,000 into a CD before the next Federal Reserve meeting. Here's why.Top stories - CBS News - October 29 -
The 40 Best Shows on Hulu Right Now (November 2024)
What We Do in the Shadows, La Máquina, and Rivals are just a few of the shows you should be watching on Hulu this month.Tech - Wired - November 5 -
The 26 Best Shows on Amazon Prime Right Now (November 2024)
Citadel: Diana, The Boys, and Fallout are just a few of the shows you should be watching on Amazon Prime Video this week.Tech - Wired - November 9 -
The 32 Best Shows on Apple TV+ Right Now (November 2024)
Silo, Disclaimer, and Slow Horses are among the best shows on Apple TV+ this month.Tech - Wired - November 12 -
The 49 Best Shows on Netflix Right Now (November 2024)
The Diplomat, Heartstopper, and Arcane are just a few of the shows you need to watch on Netflix this month.Tech - Wired - 5 days ago -
The 50 Best Shows on Disney+ Right Now (November 2024)
The Stanford Prison Experiment: Unlocking the Truth, Luther, and Agatha All Along are just a few of the shows you should be watching on Disney+ this month.Tech - Wired - 2 days ago -
China's factory activity expands for the first time since April, official survey shows
China's official purchasing managers' index for October came in at 50.1, according to National Bureau of Statistics data released Thursday.Business - CNBC - October 31 -
World's largest active volcano Mauna Loa showed telltale warning signs before erupting in 2022
Scientists can’t know precisely when a volcano is about to erupt, but they can sometimes pick up telltale warning signsTech - ABC News - November 12 -
Elon Musk doesn't show at Philadelphia court hearing over $1M voter lottery
Billionaire Elon Musk's attorneys want a federal court to address a complaint from Philadelphia's District Attorney over Musk's super PAC's giveaway.Top stories - CBS News - October 31 -
Trump chooses Susie Wiles as White House chief of staff
President-elect chooses his 2024 campaign manager in first appointment to major role in administrationWorld - Financial Times - November 7 -
How Orbán seized the Trump moment to speak for Europe
Also in this newsletter: Italy’s second attempt to ship migrants to AlbaniaWorld - Financial Times - November 8 -
The Fed talks about not talking about Trump
Jay Powell sets some limitsWorld - Financial Times - November 8 -
Over 60 held as violence breaks out against Israeli football fans in Amsterdam
Clashes take place after Europa League match between Ajax and Maccabi Tel AvivWorld - Financial Times - November 8 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8 -
Sticky inflation might make it more tricky for Fed rate cuts, CPI could show
A rapid slowdown in the rate of U.S. inflation appears to have lost steam, potentially raising questions about how aggressively the Federal Reserve will cut interest rates early next year.Business - MarketWatch - November 12 -
Credit card debt hits record $1.17 trillion, New York Fed research shows
Credit card balances rose in the third quarter of 2024, the Federal Reserve Bank of New York found.Business - CNBC - November 13 -
The 40 Best Shows on Max (aka HBO Max) Right Now (November 2024)
The Franchise, The Penguin, and It's Florida, Man are just a few of the shows you need to be watching on Max this month.Tech - Wired - October 31 -
Manufacturing fetishism is destined to fail
It is so much easier to blame the disappearance of these US jobs on China than on domestic consumers and automationWorld - Financial Times - November 12 -
From cars to planes: global manufacturers brace for Trump’s tariffs
Executives across multiple industries expect supply chain upheavalBusiness - Financial Times - November 8 -
What one stock market gauge is predicting about the presidential race
One market strategist notes a pattern based on whether the S&P 500 rises or falls between the end of July and Halloween.Top stories - CBS News - November 5 -
Economy on track to keep growing despite eighth straight decline in key gauge
The leading indicators of the U.S. economy fell for the eighth month in a row in October, but there’s still no sign the current four-year-old expansion is in trouble.Business - MarketWatch - 6 hours ago -
Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.
Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.Business - MarketWatch - October 25 -
Can India reverse its manufacturing failure?
The industrial boom in the southern state of Tamil Nadu offers a model for the rest of the country to emulateWorld - Financial Times - November 10 -
Catapult Sees No Tariff Impact Following Manufacturing Move
The company recently completed the relocation of its manufacturing operations from China to Thailand.Business - The Wall Street Journal - 6 days ago
