Biden Uses Inflation Report to Hit Gop on Economy
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Bond giant Pimco favours gilts over US Treasuries amid inflationary pressure
Fund manager projects Fed will cut interest rates more slowly than other central banksFinancial Times - Business -
This Is the Best Way for Joe Biden to Talk About the Economy
He is defying 40 years of orthodoxy on the center-left.The New York Times - Top stories - Joe Biden -
‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.The New York Times - Business -
Corporate profits hit record high as economy boomed in fourth quarter of 2023
Gross domestic product (GDP) and corporate profits both smashed expectations in the fourth quarter of 2023 as the knock-on effects of pandemic stimulus juiced the U.S. economy. GDP came in at a 3.4 percent increase, below the massive bump of 4.9 ...The Hill - Politics -
Hunt: We'll keep 'triple lock' on pension increases if we win election
Chancellor Jeremy Hunt says it's an expensive commitment but one his party is confident it can deliver.BBC News - Top stories -
How a viral $22 burrito explains inflation in the US
A San Francisco taqueria owner made waves after raising the price of a signature dish. We break down the costs – and why economists say it could be justified. Ricardo Lopez’s taqueria is famous for a melt-in-your-mouth birria recipe that takes ...The Guardian - World -
Labour donor Dale Vince ordered to inform wife of future party funding
Ecotricity founder was told by High Court to provide notice of donations in divorce proceedingsFinancial Times - Business -
A Lloyd’s of London revival will require more nimble regulation
There is still a fragility to the recent success of the world’s oldest insurance marketFinancial Times - Business -
Inflation has hit these 3 U.S. cities the hardest. That has ‘substantial political implications,’ analyst says.
Cities experiencing more significant inflation typically have undergone rapid population growth, leading to an increased demand for goods and services, an analyst said.MarketWatch - Business -
How retailers are profiting from inflation question gains new urgency from FTC report
Profits and inflation surged together in the aftermath of the pandemic, leading many market commentators to pin the blame for inflation on corporate greed fueled by fiscal stimulus. Other economists and corporations fired back, arguing that ...The Hill - Politics -
FirstFT: Global M&A drought ends as blockbuster deals double in first quarter
Also in today’s newsletter, Sam Bankman-Fried sentencing and the broken market for medicinesFinancial Times - World -
Bolton hits Biden for Gaza resolution rejected UN: ‘Very detrimental to Israel’
Former national security adviser John Bolton criticized President Biden after the United Nations Security Council rejected a U.S.-backed resolution calling for an immediate cease-fire and said the proposal was “very detrimental to Israel.” “We saw ...The Hill - Politics - Joe Biden -
Biden hits Trump over lack of campaign events in new video
President Biden on Thursday hit former President Trump with a video highlighting the many campaign events the incumbent has had in March, while Trump has been at his golf club in Florida. “I’ll tell you this: There’s a difference between the two ...The Hill - Politics - Joe Biden -
Six presumed dead after ship collides with Baltimore bridge
US Coast Guard says six people are presumed dead and search and rescue efforts have been called off.BBC News - Top stories -
Trump aims to outraise Biden-Obama event with $33mn fundraiser
US president’s team says rival star-studded New York gala on Thursday will pull in $25mnFinancial Times - Business - Donald Trump -
Insurance loss for US bridge collapse could hit $3bn
It could cost insurance companies $1.2bn for the bridge damages and millions more for the six deaths.BBC News - Top stories -
AI boom drives global stock markets to best first quarter in 5 years
MSCI index of world stocks rises 7.7% as optimism about US economy offsets expectations of slower rate cutsFinancial Times - Business -
Lloyd’s of London chief calls for quick insurance payouts on Baltimore bridge
Head of London market says disaster may produce largest maritime claim in historyFinancial Times - Business -
Seventeen killed on deadliest day of Israel-Hizbollah conflict
Cross-border fire has ramped up in recent days, fuelling concerns about a broader regional warFinancial Times - World - Israel -
Special report: Biden discusses response to Baltimore bridge collapse
President Biden delivered remarks to address the collapse of a major bridge in Baltimore after it was struck by a cargo ship. The president discussed the ongoing response, search for those unaccounted for, and his intent for the federal government ...NBC News - Politics - Joe Biden -
Morning Report — Biden courts donors; Trump seeks legal cash
Follow the money: The 2024 general election financing season is in full swing. President Biden and former President Trump, who have clinched enough delegates to win their parties’ nominations for November’s election, are raking in cash. But the ...The Hill - Politics - Joe Biden -
Over 500 dengue fever cases reported in US territory
"This year, dengue cases have exceeded historical figures," Dr. Carlos Mellado López, the secretary of the Puerto Rico Department of Health, said in a statement.ABC News - Top stories -
Fake eclipse glasses are hitting the market. Here's how to check if yours are safe to use.
On April 8, people in parts of the U.S. will be able to witness a total eclipse, while others will see a partial eclipse. To view it, you must wear proper eyewear, but experts are warning that fakes that won't protect your eyes properly are ...CBS News - Top stories -
Israel-Gaza war live: Netanyahu hits back at war cabinet minister who criticised cancellation of US visit
Israeli prime minister’s political rival said Netanyahu should have travelled to the US after visit is cancelled following UN vote to pass ceasefire resolution. Unrwa’s planning director has said “more people will die” in the north of the Gaza ...The Guardian - World - Israel -
'I can't do it anymore': Alex Edelman on ending 'Just for Us,' his hit show about antisemitism
Alex Edelman has spent six years revising and performing "Just for Us," but now he's ending it with an encore run in L.A. that coincides with its HBO special on April 6.Los Angeles Times - Entertainment -
Support for legal abortion hits new high among US voters: Fox News poll
A record 59 percent of surveyed Americans believe abortion should be legal, according to a new Fox News poll published Wednesday, as the Supreme Court argued over whether abortion pills should be outlawed, and GOP politicians consider support for ...The Hill - Politics - Abortion -
Fox News host hits House GOP for ousting McCarthy: 'What have they gotten?'
Fox News host and former Rep. Trey Gowdy (R-S.C.) took a swing at House GOP members Friday for ousting former House Speaker Kevin McCarthy (R-Calif.) in fall 2023. “You and I would not be talking about [House Speaker Mike Johnson (R-La.)], had it ...The Hill - Politics -
Morning Report — House GOP drama; Trump in court today
At some point, House Republicans may confront the latest internal challenge to yet another in a line of embattled Speakers amid continued GOP resignations that have whittled the party’s majority to the size of a pea. Atop the Republican Party, ...The Hill - Politics - Donald Trump -
US steel unions urge Biden to open probe into Chinese shipbuilding
President expected to back trade investigation as industry becomes 2024 election issueFinancial Times - Business - Joe Biden -
Biden on bridge collapse: 'The people of Baltimore can count on us'
President Biden spoke about the collapse of a major bridge in Baltimore after it was struck by a cargo ship. The president called the incident a "terrible accident" and discussed how the federal government will assist response efforts in Maryland.NBC News - Politics - Joe Biden -
Biden Administration Finalizes Rule Curbing Use of Short-Term Health Plans
The new regulation reverses a Trump-era policy that expanded access to health plans with fewer benefits than those sold on the Affordable Care Act’s marketplaces.The New York Times - Health - Joe Biden -
The Biden administration hit alleged Chinese hackers with sanctions and criminal charges, while the U.K. accused Beijing of hacking its electoral register to steal voters' information.
The Biden administration hit alleged Chinese hackers with sanctions and criminal charges, while the U.K. accused Beijing of hacking its electoral register to steal voters’ information.The Wall Street Journal - World - Joe Biden