Icahn Urges Fed to Keep Fighting Inflation Disease after Svb Collapse
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To fight inflation, we should look for ways beyond the Fed’s policies
The obvious problem is that almost total reliance on the Fed to defeat inflation by slowing the economy will not work in sectors where price-fixing and structural issues are its principal causes.The Hill - Politics -
Could interest rate hikes be keeping inflation high?
The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates are at bringing down price increases – and if they could be fueling the problem. Standard economic thinking says that higher interest rates ...The Hill - Politics -
The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers
Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.The New York Times - Business -
The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers
Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.The New York Times - Business -
AUD/USD Climbs After Australia's 1Q Inflation Data Surprise to Upside
AUD/USD climbs after Australia’s 1Q inflation data surprise to upside. The 1.0% on-quarter rise in the country’s 1Q consumer prices was much stronger than most had anticipated, Capital Economics said.The Wall Street Journal - World - Australia -
Erdoğan urges Palestinian unity after meeting Hamas chief
Turkish president says recent events between Iran and Israel should not allow Israel to ‘gain ground’ in Gaza. Turkish president Recep Tayyip Erdoğan urged Palestinians to unite amid Israel’s war in Gaza following hours-long talks with Hamas chief ...The Guardian - World -
Third Channel Opens for Vessels to Baltimore Port After Bridge Collapse
As a busy shipping point struggles to reopen, another route for ships open as workers pull the remains of the Francis Scott Key Bridge apart for salvage.Inc. - Business -
TV tower breaks in half after strike on Ukraine
The local military says that digital TV has been cut off in the surrounding area.BBC News - Top stories - Ukraine -
Vodafone’s India unit staves off collapse after record $2.2bn fundraising
Country’s largest share sale draws investors including GQG Partners and FidelityFinancial Times - Business - India -
Vodafone’s India unit staves off collapse after record $2.2bn fundraising
Country’s largest share sale draws investors including GQG Partners and FidelityFinancial Times - World - India -
TikTok says it will fight US ban or forced sale after bill passes
Platform’s future in US in doubt after House approves bill ordering Bytedance to sell stake. TikTok has said it will fight any ban or forced sale of the app’s US operation in the courts, after the House of Representatives passed legislation ...The Guardian - World - Tiktok -
Psychologist becomes first person in Peru to die by euthanasia after fighting in court for years
A Peruvian psychologist who had an incurable disease that weakened her muscles and left her bedridden for several years died by euthanasiaABC News - World -
Senate Passes Ukraine, Israel Aid Package After Monthslong Fight
The measure sends much-needed ammunition and military equipment to Ukraine, fortifies Israel’s missile defense systems and forces the sale of TikTok in the U.S.The Wall Street Journal - World - Ukraine -
W.H.O. Broadens Definition of Airborne Diseases
After a drawn-out global controversy over the coronavirus, the W.H.O. has updated its classification of how pathogens spread through the air.The New York Times - Health -
LeBron James blasts officiating, replay center after Lakers' collapse, also calls out refs from different game
Denver beat L.A. on a Jamal Murray buzzer-beater to take 2-0 series leadCBS Sports - Sports - NBA -
Scottie Scheffler keeps rolling, leads RBC Heritage after third-round 63
Scheffler sits at 16 under, a shot clear of the field entering Sunday's final round at Harbour Town.Yahoo Sports - Sports -
The Illusion of Knowledge at the Fed
It relies heavily on a mathematical model of the economy with 500 variables and some 170 equations.The Wall Street Journal - World - Federal Reserve -
Psychologist becomes first person in Peru to die by euthanasia after yearslong court fight
Ana Estrada, who suffered from an incurable disease that had her confined to her bed for several years, became the first person in the country to die by euthanasia, her lawyer said Monday.NBC News - Top stories -
Where is the Fed’s interest rate heading?
The search for the neutral rate is proving elusiveFinancial Times - Business -
Where is the Fed’s interest rate heading?
The search for the neutral rate is proving elusiveFinancial Times - World -
Rwanda bill close to becoming law after peers abandon final battle over safety amendment – UK politics live
Bill could become law this week as end of parliamentary ping-pong in sight . Q: Do you think you will be able to implement this without leaving the European convention of human rights?. Sunak says he thinks he can implement this without leaving ...The Guardian - World - United Kingdom -
UK biotech signs $1bn deal to develop liver disease drugs
Ochre Bio partnering with Germany’s Boehringer Ingelheim on treatments that will harness the organ’s capacity to regenerateFinancial Times - Business - United Kingdom -
UK biotech signs $1bn deal to develop liver disease drugs
Ochre Bio partnering with Germany’s Boehringer Ingelheim on treatments that will harness the organ’s capacity to regenerateFinancial Times - World - United Kingdom -
Plant apocalypse: how new diseases are destroying EU trees and crops
From ancient olive groves to root vegetables, foreign pests introduced via the bloc’s open import system are causing damage worth billions – and outbreaks are on the rise. The plants slowly choke to death, wither and dry out. They die en masse, ...The Guardian - World - European Union -
Singapore's Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings steady.The Wall Street Journal - World -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - World - United Kingdom -
Australian Inflation Stays Strong in March Quarter
Australian consumer prices rose 3.6% annually in the latest quarter, illustrating the challenge facing the country’s central bank to bring inflation back within its target band and adding to uncertainty around the timing of interest-rate cuts.The Wall Street Journal - World - Australia -
These Home Sellers Are Done Waiting for the Fed to Lower Rates
Some owners need to upsize, downsize and change jobs, even if mortgage rates don’t fall soon.The Wall Street Journal - World - Federal Reserve -
Feds bust another illegal grow house in Maine
Federal law enforcement officials have brought charges against Xisen Guo, who is accused of creating an illicit marijuana-growing operation off the beaten path in rural Maine.CBS News - Top stories -
Two stocks for a stronger dollar and Fed uncertainty
Investing in U.S. importers can help you benefit from a strong dollar without being too exposed to inflation spikes or interest rate surprises.MarketWatch - Business - Federal Reserve -
Powell's 'Restrictive' Approach Lets Fed Stay Flexible
Words matter when Fed Chair Jerome Powell makes announcements, and the central bank is very carefully letting us know interest rates might drop, stay steady, or even go up.Inc. - Business - Federal Reserve -
EU regulator urges action on climate threat to insurance
Eiopa head says rise in losses from natural catastrophes needs to be addressed by firms and member statesFinancial Times - World - Climate -
Prosecution: Trump hush money was 'pure election fraud'
But the defence says the former president committed no crimes and calls star witness an admitted liar.BBC News - Top stories - Donald Trump -
Contaminated deer meat may have caused 2 hunters' deadly brain diseases
A new report calls for further study into a possible link between chronic wasting disease in deer and a rare and deadly brain disease in humans.CBS News - Top stories -
How France Is Fighting ‘Shrinkflation’
Merchants will be required to put signs in front of all products that have been reduced in size without a corresponding price cut.The New York Times - Business -
Bridge collapses as floods hit China's south
The country’s south has been battered by heavy rainfall, with tens of thousands of people evacuated.BBC News - Top stories - China -
Collapse in Carolina: Islanders suffer historic loss
The Hurricanes shocked the Islanders on Monday night, scoring the game-tying and winning goals just nine seconds apart in the third period, giving them a 2-0 lead in this Round 1 series, a loss that New York captain Anders Lee said "hurts the gut."ESPN - Sports -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business