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Swedbank Upbeat on Economic Recovery
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The Economic Slowdown Is Finally Here. Welcome It.
The services sector has cooled as consumers have pulled back, putting rate cuts back on the table.The Wall Street Journal - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Biden economic advisor on April jobs data
U.S. job growth cooled in April, according to new data by the Department of Labor. Jared Berstein, the chair of the United States Council of Economic Advisers, joins CBS News with his outlook on the new numbers.CBS News - Top stories - Joe Biden -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Sen. Mike Braun’s economic ties to China didn’t matter in 2018. Why is it contentious now?
The politics surrounding China have shifted dramatically in deep-red Indiana.Politico - Politics - China
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Berkshire Hathaway Kicks Off Annual Meeting With Another Record Cash Pile
Warren Buffett will take the stage to address thousands of shareholders and fans. The company reported quarterly net income of $12.7 billion.The Wall Street Journal - World -
Boeing Locks Out Firefighters at 737 Factory Amid Contract Dispute
Airplane maker and union have been wrestling for months over wages and staffing levels.The Wall Street Journal - World -
IT Unemployment Rate Falls Slightly Amid Broader Hiring Slowdown
CompTIA data show companies hired U.S. workers with software, data and cloud skills to support AI.The Wall Street Journal - World -
This Fifth-Generation Department Store Is Winning the Luxury Game
Hirshleifers, on the North Shore of Long Island, is globally influential, with an A-list clientele and annual sales hovering in the $100 million range. Yet it remains determinedly scrappy and family-run.The Wall Street Journal - World -
Gaza Cease-Fire Talks Come Down to the Wire in Cairo
Hamas and Qatari delegations arrived in Egypt, joining CIA Director William Burns, in an effort to clinch a deal and head off an Israeli offensive into Rafah.The Wall Street Journal - World