Unorthodox Economic Policies
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Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - Business -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Greece’s economic rebound in (painful) context
Scar tissue that I wish you sawFinancial Times - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Gazans vent anger against Hamas
Dissent against Islamist group increases after six months of gruelling conflict with IsraelFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Juggling Campaign and Foreign Policy, Biden Sends Complicated Messages
The president signed a bill that could ban TikTok even as his re-election team uses it to reach young voters. It was hardly the first internal disparity on matters around the globe.The New York Times - Top stories - Joe Biden -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
BHP-Anglo American: a quick Q&A
Why now, why not earlier, why ever, at what price, and what it might mean for fertiliser production in North YorkshireFinancial Times - Business -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - Business - United Kingdom -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
What would Trump’s Israel-Gaza policy be if he were re-elected?
The ex-president unambiguously favored Israel while in office but recent statements have been inconsistent and evasive. At a windy rally in Schnecksville, Pennsylvania, earlier this month, Donald Trump began his hour-long address by sending ...The Guardian - World - Israel -
Stellantis boss slams ‘terrible’ UK electric vehicle policy
Carlos Tavares says Britain’s quota regime could bankrupt carmakersFinancial Times - World - United Kingdom -
Chris Mason: Parties squabble over policy pledges as elections loom
Political leaders fight for headlines ahead of local elections, leading to rumours of a general election.BBC News - Top stories -
Five Major Climate Policies Trump Would Probably Reverse if Elected
He has called for increased oil production and said that electric vehicles will result in an ‘assassination’ of jobs.The New York Times - Top stories - Donald Trump -
Should US manufacturing policy embrace job restoration or retraining?
An important question is unresolved: Namely, does the focus on increasing manufacturing jobs make for good economic policy?The Hill - Politics -
UK to launch shock operation to detain asylum seekers
Home Office to select individuals who will be sent to Rwanda under the government’s contentious migration policyFinancial Times - Business - United Kingdom -
Home Office to launch shock asylum raid across UK
Exercise under which people will be selected for removal to Rwanda comes at start of tough week for Sunak’s partyFinancial Times - World - United Kingdom -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
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China factory profits slip as overcapacity troubles economic recovery
US and EU have raised alarms about Beijing’s plans to use manufacturing to boost lagging growthFinancial Times - Business - China -
China factory profits slip as overcapacity troubles economic recovery
US and EU have raised alarms about Beijing’s plans to use manufacturing to boost lagging growthFinancial Times - World - China -
Rory McIlroy on expected return to PGA Tour policy board: 'I don't think there's been much progress made'
McIlroy cannot confirm whether he is on his way back to the board, but he does have plenty of motivation to make that moveCBS Sports - Sports