Swedbank Upbeat on Economic Recovery
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Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Marks & Spencer Records Best Profit in 10-Years As Reshape Plan Progresses
Marks & Spencer booked its highest pretax profit in over ten years as its reshape plan continues to boost its performance, with higher sales in both its clothing and home, and food divisions.The Wall Street Journal - World -
Marks & Spencer Records Best Profit in 10-Years As Reshape Plan Progresses
Marks & Spencer booked its highest pretax profit in over ten years as its reshape plan continues to boost its performance, with higher sales in both its clothing and home, and food divisions.The Wall Street Journal - Business -
Introducing The Economics Show with Soumaya Keynes
On the first episode: has the US finally borrowed too much?Financial Times - World -
Biden’s economic messaging is falling flat
Strong national data obscures Americans’ everyday strugglesFinancial Times - World - Joe Biden -
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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Turkey’s inflation crisis rages a year into economic turnaround
Consumer expectations of further high prices pose key challenge for central bank in reining in price growthFinancial Times - World - Turkey -
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 -
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CyberArk to Acquire Venafi for $1.5 Billion as Cyber Market Shows Signs of Recovery
Vendors are eyeing acquisitions and IPOs as the cybersecurity market regains investor interest.The Wall Street Journal - World -
Eventbrite Promoted Illegal Opioid Sales to People Searching for Addiction Recovery Help
A WIRED investigation found thousands of Eventbrite posts selling escort services and drugs like Xanax and oxycodone—some of which the company’s algorithm recommended alongside addiction recovery events.Wired - Tech -
Setback Deals Blow to Neuralink’s First Brain Implant Patient, but He Stays Upbeat
Elon Musk’s first human experiment with a computerized brain device developed significant flaws, but the subject, who is paralyzed, has few regrets.The New York Times - Business -
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 -
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 -
Peter Navarro predicts Trump's economic priorities in emails from prison
Peter Navarro, a former White House aide under former President Donald Trump, is currently serving a four-month sentence in Florida for a contempt of Congress conviction. But Navarro's time behind bars is not stopping him from sharing what he ...CBS News - Top stories - Donald Trump -
Meet the leaders of the Trump era's new conservative economic populism
To Trump-allied neopopulists, corporate CEOs are not the GOP's allies in a war with big government. They are "woke" elitists, pushing liberal cultural values.CNBC - Business - Donald Trump -
Rishi Sunak puts economic stability at heart of July 4 election message
Also in this newsletter: UK inflation falls less than expected, row escalates over Palestinian statehood, ‘Chat Xi PT’Financial Times - World -
Nearly 3 in 5 incorrectly believe US is in economic recession: Survey
A majority of Americans wrongly believe the country is in a recession, a new survey found. A Harris Poll, conducted for The Guardian, found that nearly 3 in 5 respondents say the U.S. is in a recession, even though experts say there hasn’t been ...The Hill - Politics -
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 -
Nina Dobrev hospitalized after e-bike accident; says a 'long road of recovery' awaits
Nina Dobrev of 'The Vampire Diaries' takes selfies in a hospital gown as she recovers from e-bike injuries and says her first time on an e-bike was her last.Los Angeles Times - Entertainment -
Kamilla Cardoso injury update: Sky star sets date for WNBA debut as shoulder recovery timeline becomes clear
The former South Carolina star has been out since suffering a shoulder injury in the preseasonCBS Sports - Sports - WNBA -
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 -
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 -
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