Waiving the Filibuster to Pass a National Abortion Bill Is a Bad Idea Democrats will live to regret doing this if they have the votes to do it. Reason · Oct 1, 2024
New figures show UK economic growth weaker than first thought The UK economy continued its recovery from recession at the end of last year The Independent UK · Sep 30, 2024
Boeing strike costs U.S. $1 billion of GDP in just two weeks Over 32,000 striking workers look set to refuse Boeing’s latest offer, but the costs are mounting on both sides. Fortune · Sep 27, 2024
The boomer generation hit the economic jackpot. Young people will inherit their massive debts Young people in Britain could be forgiven for despairing at the financial pressures they face – and feeling that previous generations enjoyed a much fairer economic environment. Then just to add to their worries about home ownership and a precarious jobs market, along comes the gloomy announcement that the UK’s… The Conversation · Sep 26, 2024
Dollar Recovers Early Losses as T-note Yields Climb The dollar index (DXY00 ) today is slightly higher due to stronger-than-expected US weekly jobless claims and Q2 GDP reports, hawkish factors for Fed policy that pushed T-note yields higher. Gains in the dollar are limited by strength in the Chinese yuan, which climbed to a 16-month high against the... Barchart · Sep 26, 2024
US Economy Grows At Healthy 3% Annual Pace The American economy showed robust growth in Q2 driven by consumer spending and business investment. Inflation eased, prompting a Fed interest rate cut. Jo... Top News · Sep 26, 2024
Nasdaq Futures Soar as Micron’s Strong Outlook Boosts Sentiment, U.S. GDP Data and Fed Speak in Focus December Nasdaq 100 E-Mini futures (NQZ24) are trending up +1.33% this morning as market participants cheered forecast-beating quarterly results and guidance from semiconductor giant Micron, while also awaiting a flurry of U.S. economic data and remarks from Federal Reserve officials. Barchart · Sep 26, 2024
Britain wants spending and a better NHS, not this obsession with growth. That’s why there’s big trouble ahead Starmer speaks of a decade of renewal but he is not offering even Labour voters what they clearly want, says Guardian columnist Aditya Chakrabortty The Guardian - UK · Sep 26, 2024
Business confidence in South Africa: how a 70-year-old survey has given early signals of the economy’s pulse Business tendency surveys provide very useful indicators of trends within an economy. The information is available well before the official statistics, such as GDP growth, and provides insights into business dynamics that cannot be found elsewhere. The Conversation · Sep 25, 2024
Top 100 Stocks to Buy: Argentina’s Banco Macro Can’t Keep Moving Higher? Since becoming a retail bank in 1994, Banco Macro has become one of Argentina’s largest financial institutions. It moved into the top five of Barchart’s Top 100 Stocks to Buy on Monday. Up 228% over the past year, it can’t keep moving higher, right? Barchart · Sep 24, 2024
GDP, PCE and Other Key Things to Watch this Week Last week was a big one, showing a large shift in the Fed's actions as they cut rates by 50 basis points. Here are 5 things to watch this week in the market. Barchart · Sep 22, 2024
OPINION - The Standard View: Rachel Reeves must focus on growth, not just doom Round numbers should be no more interesting or enlightening than any other. But the revelation that Britain’s debt has hit 100 per cent of GDP is unlikely to lift the sense of gloom that has already settled above Whitehall. Evening Standard · Sep 20, 2024
New headache for Rachel Reeves as public borrowing hits 100% of GDP for first time since 1961 The public finances have been put under enormous strain by the costs of responding the triple whammy of the financial crisis, the pandemic and the energy crisis. Evening Standard · Sep 20, 2024
Economists have urged Rachel Reeves to loosen the purse strings – here’s why it’s not that easy A group of economists has publicly urged chancellor Rachel Reeves to reverse her stance on public investment, and relax the Treasury rules that constrain it. They argue in a letter to the Financial Times that low investment is the root cause of Britain’s productivity stagnation, and that the government must… The Conversation · Sep 19, 2024
Evening Standard · Sep 19, 2024 OPINION - The one metric where the UK economy beats the US Money versus job satisfaction. It is the perennial professional quandary, but there may in fact be one exception: central banking. Jerome Powell, chair of the US Federal Reserve, earns $190,000 per year for the privilege of overseeing the greatest economy the world has ever seen. I'm not saying the job…
AAP · Sep 18, 2024 'Miserable' GDP result as New Zealand shrinks again New Zealand's economy has shrunk for the fifth time in the past seven quarters, with an 0.2 per cent contraction in the period to June.
StockNews.com · Sep 17, 2024 3 European Stocks to Buy as the Continent’s Economy Recovers As Europe navigates a complex landscape of slowing inflation, stable employment, and modest GDP growth, it may be an opportune time for investors to consider investing in quality stocks like Novo Nordisk (NVO), SAP SE (SAP), and Novartis (NVS), which are poised to capitalize on the continent’s recovery. Read on….
Reason · Sep 16, 2024 How Much Will the Major Presidential Candidates Steal From You? Neither Harris nor Trump has a plan to address national debt, but they dramatically differ on taxation.
Latin Times · Sep 16, 2024 Latino GDP rises to $3.6 trillion, providing major boost to U.S. economy Manufacturing alone contributed $457.4 billion to the Latino economy in 2022, marking a significant 48.4% year-over-year growth
The Guardian - UK · Sep 12, 2024 ECB cuts interest rate to 3.5% and warns of weak eurozone growth European Central Bank makes 0.25-point cut as expected after eurozone inflation fell to 2.2% in August
The Independent UK · Sep 12, 2024 UK national debt could reach nearly 300% of GDP in next 50 years, watchdog warns Britain’s ageing population, climate change and rising geopolitical tensions all expected to put pressure on Treasury, OBR says
The Guardian - UK · Sep 12, 2024 Can UK avoid national debt almost tripling over next 50 years? OBR report is not all doom and gloom, but preventing debt rising to 274% of GDP would require tough action
The National (Scotland) · Sep 11, 2024 UK economy flatlines in July for second month running THE UK economy flatlined in July for the second month in a row, according to the latest official figures, as the Chancellor said she is “under no…
Evening Standard · Sep 11, 2024 Summer of sport saves GDP from a surprise slump in July as economy stalls Flatlining economy in the month Labour came to power is a disappointing backdrop to preparations for key Budget in October
The Guardian - UK · Sep 11, 2024 US inflation cools to 2.5%, its lowest since February 2021 – as it happened UK government’s £500m taxpayer-backed deal for steelworks secures long-term future of Port Talbot but unable to secure guarantees to save 2,500 jobs