Shanghai Composite Index Rose 0.42% on Tuesday Shenzhen Component Index finished nearly flat Caixin Global · Feb 20, 2024
Shanghai Composite Index Rose 1.56% on Monday Shenzhen Component Index closed up 0.93% Caixin Global · Feb 19, 2024
Stocks Set to Open Lower as Investors Await FOMC Minutes and U.S. Jobs Data March S&P 500 E-Mini futures (ESH24) are down -0.36%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.70% this morning as U.S. Treasury yields climbed at the start of a holiday-shortened week, with market participants looking ahead to the release of the minutes of the Federal Reserve’s latest policy… Barchart · Jan 2, 2024
Words matter, but they can be twisted, too, especially when Elise Stefanik is involved In Republican hands, a congressional hearing on antisemitism is anything but a search for understanding. Chicago Sun-Times · Dec 15, 2023
Spending Recklessly in Good Times Is a Recipe for Disaster in Bad Times Years ago, when interest rates were low, calls for the federal government to exercise fiscal restraint were dismissed. That was unwise. Reason · Nov 2, 2023
The Israel-Hamas war has roiled US campuses. Students on each side say colleges aren't doing enough America’s colleges aspire to be places where ideas meet and common ground emerges The Independent UK · Oct 15, 2023
Israeli billionaire quits Harvard board in row over student letter A group of 33 student organisations at Harvard University signed a letter arguing that Israel’s ‘apartheid regime’ created the impetus for the war The Independent UK · Oct 13, 2023
The Harvard letter, doxxing, and angry clashes: Hamas-Israel war ignites campus free speech crisis Campus debates about Israel at the elite university have a way of turning into national conversations, where no one feels their rights are being respected, Josh Marcus reports The Independent UK · Oct 13, 2023
Larry Summers ‘sickened’ by Harvard’s silence over Hamas attack on Israel Lawrence Summers, the former president of Harvard University, said he was “sickened” by the institution’s lack of response after some student groups blamed Israel for Hamas’ attack, which has killed more than 900 Israelis, most of them civilians. The Times of India · Oct 10, 2023
What if Jerome Powell pulled off a soft landing and nobody noticed? It's the economy's Groundhog Day Economists are seeing shadows. Fortune · Sep 16, 2023
Larry Summers warns U.S. economy is still ‘very, very hot' with 'pockets of distress' in commercial real estate The U.S. is "an underlying 4.5-5% inflation country,” said Summers, a few days ahead of Tuesday's inflation report. Fortune · Jun 12, 2023
Former Treasury Secretary Summers Criticizes IRS Provisions In Debt Ceiling Agreement Summers opposes IRS funding cuts in debt ceiling deal, warns of future deficits and tax cheats' advantage. Zenger · May 31, 2023
‘He used people’: Jeffrey Epstein scandal rolls on as new names emerge The names in legal documents and fresh details of his daily itinerary present a detailed picture of how Epstein tried to rebuild his reputation The Guardian - US · May 7, 2023
Michael Hiltzik: Love it or hate it, the Silicon Valley Bank bailout won't cost taxpayers a cent What's the dirtiest word in financial policy? Los Angeles Times · Apr 21, 2023
StockNews.com · Apr 11, 2023 3 Stocks With 10% or More Short Interest NOW A growing wave of weak economic data and recent turmoil in the banking sector deepened worries about the economy tipping into a recession this year. Amid an uncertain macroeconomic backdrop, it could be wise to avoid fundamentally weak stocks Shift4 Payments (FOUR), ChargePoint (CHPT), and WeWork (WE), with 10% or…
The Guardian - UK · Apr 11, 2023 UK on track to be worst-performing G7 economy this year, says IMF – as it happened International Monetary Fund forecasts UK GDP will shrink by 0.3% in 2023, worse than other G7 countries
Fortune · Apr 3, 2023 Larry Summers: Danger of U.S. mortality 'transcends politics' U.S. mortality data was "especially scary remembering that demographics were the best early warning on the collapse of the USSR,” Summers tweeted.
Fortune · Mar 14, 2023 Ken Griffin says SVB failure would have been 'lesson in moral hazard' The CEO of hedge fund Citadel said that backing Silicon Valley Bank's deposits in full was a "loss of financial discipline."
Tribune News Service · Feb 5, 2023 Biden aide says negotiation on debt ceiling is ‘nonstarter’ WASHINGTON — A White House economic adviser said negotiations over raising the U.S. debt ceiling are an “absolute nonstarter” for President Joe Biden, though he’s ready to discuss spending with congressional Republicans.
Caixin Global · Jan 30, 2023 Top Stories of the Month: The Questions Hanging Over Ant Group Following the startling suspension of its would-be record-setting $34.5 billion IPO in November 2020, the fintech company was plunged into an extensive restructuring that has been ongoing for the past two years as regulators clamp down on misconduct in the industry
Bangkok Post · Jan 25, 2023 Putting a dampener on Thai recovery After three years in which the economy suffered from Covid effects, I am sorry to say that 2023 will not be the year of economic recovery as everyone had hoped. The global economy will still be plagued by inflation threats and several adverse factors such as excessive debt and the…
Tribune News Service · Jan 14, 2023 Yellen says US to take extraordinary steps to avert a default WASHINGTON — Treasury Secretary Janet Yellen said the department will begin taking special accounting maneuvers on Jan. 19 to avoid breaching the U.S. debt limit, urging lawmakers to boost the ceiling to avert a devastating payments default.
Fortune · Jan 13, 2023 'Be careful of false dawns': Former Treasury Secretary Larry Summers warns a recession is still 'more likely than not' Summers said inflation is still “inconceivably high," but acknowledged that recent trends show the Fed’s inflation-fighting campaign is “closer to being done.”
Tribune News Service · Jan 8, 2023 Economists fret over perils ahead for global growth The world economy looks to be transitioning to a more difficult era in which interest rates will be higher, geopolitical tensions greater and uncertainties more pronounced.
Fortune · Dec 23, 2022 Artificial intelligence chatbots: Exciting breakthrough or dangerous tool? Vivek Wadhwa didn't take the warnings about ChatGPT seriously–until his son asked it about their family.