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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
‘We’ll See You at Your House:’ How Fear and Menace Are Transforming Politics
Public officials from Congress to City Hall are now regularly subjected to threats of violence. It’s changing how they do their jobs.The New York Times - Top stories -
Investors Are Striking Gold All Over
Investors have rarely had it this good, with prices of everything from homes to stocks and cryptocurrencies soaring.The Wall Street Journal - World -
Individual investors made 30% of GameStop trades on Monday
As the stock prices of GameStop and AMC skyrocket, so does the number of people trading those shares.MarketWatch - Business -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
Investors Have an Advantage Over Family Home Buyers
Level the playing field.The Wall Street Journal - World -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
EasyJet’s new pilot faces a fight to convince investors on growth
Nerves about the airline industry are never far awayFinancial Times - Business -
Billionaire investor sees 1 in 3 chance of civil war
Ray Dalio, the billionaire investor and founder of hedge fund Bridgewater Associates, said he sees a growing likelihood that the United States will plunge into a civil war. In an interview with Financial Times, Dalio, 74, detailed his research in ...The Hill - Politics
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Time to get Europe back to work
Policymakers should review tax and welfare policies that disincentivise labourFinancial Times - World -
How fast is UK inflation falling?
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China’s ‘AI-in-a-box’ products threaten Big Tech’s cloud growth strategies
Huawei leads trend of providing companies with means to power their own artificial intelligence apps rather than through public cloudFinancial Times - World - China -
Russia and Ukraine: two economies at war
Government reshuffle underlines Putin’s militarisation effort as Kyiv fights on with western supportFinancial Times - World - Ukraine -
Heavy flooding in southern Brazil kills 150 and displaces 600,000
More than 2mn people are affected with $2bn economic losses in agriculture rich state after three weeks of rainsFinancial Times - World - Brazil