Q4 Revised Higher
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Treasury yields fall for second straight session after PPI revision for March
Treasury yields finished lower on Tuesday after a downward revision to the U.S. producer-price index for March took some of the sting out of the unexpectedly hotter reading for April.MarketWatch - Business -
Save Higher Ed With the Chicago Principles
Respect free speech and don’t take sides—a simple approach to avoid campus strife.The Wall Street Journal - World -
UN denies Gaza death toll of women and children has been revised down
Spokesperson says confusion results from Gaza health ministry’s new way of classifying those not yet fully identified. The UN has denied that the estimated death toll of women and children in the war in Gaza has been revised downward, pointing ...The Guardian - World - United Nations -
Investors shun real estate as higher for longer fears bite
Global fund managers cut their property allocations to lows not seen since 2009Financial Times - Business -
Biden Hits Chinese Electric Vehicles, Chips and Other Goods With Higher Tariffs
The president announced increased taxes on Chinese imports in strategic industries, building on former President Donald J. Trump’s tariffs.The New York Times - Business - Joe Biden -
Import Groups Decry Higher U.S. Tariffs on China-Made Goods
Retailers and apparel sellers say the increases in their costs will ultimately reach consumers.The Wall Street Journal - World -
Biden Administration announces higher tariffs on Chinese EVs, other products
President Biden announced higher tariffs on $18 billion worth of products from China. Tariffs on Chinese electric vehicles will be raised from 25 percent to 100 percent, and tariffs will be raised on Chinese steel and aluminum, lithium-ion ...NBC News - Politics - Joe Biden -
Chinese Shares Broadly Lower; Investors Digest Higher U.S. Tariffs
Chinese shares were broadly lower, dragged by semiconductor and auto stocks.The Wall Street Journal - World -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
European Development Bank Flags Higher Risk Premium as Lingering Cost of Russia's War
The economies of central Europe are set for stronger growth this year and next as inflation cools, but Russia’s invasion of Ukraine will continue to cast a shadow over their prospects in the form of higher borrowing costs, the European Bank for ...The Wall Street Journal - World - Europe -
The White House unveiled a suite of higher tariffs on Chinese imports, saying they would apply to $18 billion in products, as political leaders up the ante in erecting barriers to trade with Beijing.
The White House unveiled a suite of higher tariffs on Chinese imports, saying they would apply to $18 billion in products, as political leaders up the ante in erecting barriers to trade with Beijing.The Wall Street Journal - World