About 1 in 4 U.S. adults over 50 say they expect to never retire, an AARP study finds
pbs.org/newshour/economy/about-1-in-4-us-adults-over-50-say-they-expect-to-never-retire-an-aarp-study-finds
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
Yellen says economy performing well, inflation will ebb: Treasury Secretary Janet Yellen said on Thursday that the U.S. economy "continues to perform very ...
reut.rs/3QePZz6
The Fed’s preferred inflation gauge just moved in the wrong direction: Inflation remained stubbornly high last month.
cnn.com/2024/04/26/economy/pce-inflation-spending-march/
Quick Glance: Rising Key Fed Inflation Measure in March
- In March, inflation remained strong, with an important indicator closely monitored by the Federal Reserve indicating elevated price pressures.
- The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, above expectations.
- Both the all-items PCE price gauge and the core index increased by 2.7%, higher than estimates, leading to a positive market reaction.
- Markets reacted mildly to the data, with Wall Street set to open higher, while Treasury yields fell and the probability of rate cuts increased slightly.
Increase higher than inflation: Federal cabinet approves pension increase of 4.57 percent
spiegel.de/wirtschaft/rente-bundeskabinett-beschliesst-rentenerhoehung-bezuege-steigen-staerker-als-inflation-a-86189476-6c53-4fad-a05f-441aca7d5d0a
What's behind the unstoppable American consumer: The drivers of such robust spending — and how long they can last — are key to what's ahead for the ...
axios.com/2024/04/26/american-consumer-spending-resilience-economy
The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
The US economy is cooling off. Why experts say there's no need to worry yet: The economy slowed dramatically to start 2024.
abcnews.go.com/Business/us-economy-cooling-off-experts-worry/story
Biden and Trump Showing Their 2024 Campaign Vulnerabilities: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-26/biden-and-trump-showing-their-2024-campaign-vulnerabilities
Quick Glance: Fact Check: Biden Repeats Claim of Arrest for Defending Civil Rights. Still No Evidence
- President Joe Biden reiterated his story of allegedly trying to defend the civil rights of Black Americans on 'The Howard Stern Show.' However, there is no evidence to support his claim of ever being arrested at a civil rights protest, as noted by 'The Washington Post' and 'PolitiFact.'
- Biden has told the story of his supposed presence at a specific protest in Delaware at least twice without mentioning an arrest. He stated that the police simply took him home on that day.
- It is impossible to prove definitively whether Biden was present at this or a similar protest over 60 years ago. He has also made other false claims about his personal life in the past.
- Biden falsely claimed to have 'driven an 18-wheeler' and that he never earned $400,000 in a year. During his 2020 presidential campaign, he claimed to have been 'arrested' as a US senator while trying to visit South African anti-apartheid icon Nelson Mandela in prison, which turned out to be untrue.
How is the Modi govt managing price risein contrast with the Manmohan Singh-led UPA? What does it mean if the inflation rate comes down?@thekorahabraham takes a look ... Show more
India, Modi and the menace of price rise | Modi report card, Ep 2 - YouTube
India, Modi and the menace of price rise | Modi report card, Ep 2 - YouTube
Nominal wages in Switzerland rose by 1.7 percent in 2023. At the same time, inflation rose by 2.1 percent. The purchasing power of wages therefore fell by 0 ... Show more
BOJ keeps ultra-low rates, projects inflation near 2% for years: The Bank of Japan kept interest rates around zero on Friday and issued fresh estimates ...
reuters.com/markets/rates-bonds/bank-japan-may-signal-near-term-rate-hike-with-new-price-forecasts-2024-04-25/
Lok Sabha Elections 2024: Water shortages, traffic aggravate Bengaluru as it votes
deccanherald.com/elections/india/lok-sabha-elections-2024-water-shortages-traffic-aggravate-indias-bengaluru-as-it-votes-2996106
Take Five: Fed straight ahead: A U.S. Federal Reserve meeting and Apple and Amazon reporting results will keep investors' focus in the days ahead on the global ...
reuters.com/business/take-five/global-markets-themes-graphic-2024-04-26/
Stock Market This Week: S&P 500, Nasdaq Finish Higher: With inflation up, economic growth down and two-year Treasury yields testing 5%, Bill Gross sensed the ...
bloomberg.com/news/articles/2024-04-26/wall-street-humbled-as-rebounding-markets-weather-fed-pivot-fear
A Brief History of the Fed’s Uneasy Peace With the White House: Central bankers are haunted by the danger of political meddling in inflation-control policies.
wsj.com/economy/central-banking/a-brief-history-of-the-feds-uneasy-peace-with-the-white-house-608dee30
US Treasury Yields Fall After Fed’s Favored Inflation Gauge Meet Expectations: A selloff in US Treasuries paused on Friday, bringing yields down from their ...
bloomberg.com/news/articles/2024-04-26/treasury-yields-fall-after-pce-inflation-data-meet-expectations
RBA to ‘increase interest rates three times’: A top forecaster issued a dire interest rate warning, predicting that the Reserve Bank will be forced to hike three ...
news.com.au/finance/economy/interest-rates/leading-forecaster-warren-hogan-predicts-rba-will-hike-cash-rate-to-51-per-cent-this-year/news-story/f6f2f084778953ccaa0538383f67449f
JPMorgan's Dimon hopes for soft landing for US economy but says stagflation is a possible scenario
apnews.com/article/jpmorgan-chase-jamie-dimon-economy-stagflation-76b6dbb8c87580a709c50dd3d00d751d
Inflation Data Reinforce Powell’s Shift Toward High for Longer: Fresh inflation data released Friday cemented the message from Federal Reserve Chair Jerome ...
bloomberg.com/news/articles/2024-04-26/inflation-data-reinforce-powell-s-shift-toward-high-for-longer
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SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
Too Much Donald Trump — and a Bit Too Much Inflation: The former president is trying to convince Americans that Biden is weak by repeating it over and over again ...
bloomberg.com/opinion/articles/2024-04-26/too-much-donald-trump-and-a-bit-too-much-inflation
Hot in Here: The Bloomberg Close, Americas Edition: Good afternoon. Here’s what you need to know to end your day.
bloomberg.com/news/newsletters/2024-04-26/hot-in-here-the-bloomberg-close-americas-edition
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Argentina's inflation fight makes peso world's strongest currency: Javier Milei's measures to tame Argentina's inflation have boosted the peso to the top ...
markets.businessinsider.com/news/currencies/argentina-peso-us-dollar-dollarization-recession-inflation-milei-foreign-currency-2024-4
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
Russia Holds Rates With Little Inflation Relief in Sight: Russia kept interest rates unchanged on Friday, as inflation risks from a persistently tight labor ...
bloomberg.com/news/articles/2024-04-26/russia-extends-rate-pause-with-little-inflation-relief-in-sight
BOJ stands pat, gives no hint of imminent tightening: TOKYO -- The Bank of Japan kept its policy unchanged on Friday, holding off on additional action to deter ...
asia.nikkei.com/Economy/Bank-of-Japan/BOJ-stands-pat-gives-no-hint-of-imminent-tightening
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"They keep distracting you 24X7 by sometimes talking about Pakistan, then China, and sometimes they ask you to bang thalis. Poverty, unemployment ... Show more
The latest on the US economy and other economics stories to read: Top economy stories: Lastest on the US economy; Bank of Japan keeps interest rates steady; ...
weforum.org/agenda/2024/04/us-economy-economics-finance-news-26-april/
Türkiye to implement 'strong' public savings measures in H2: Şimşek: Treasury and Finance Minister Mehmet Şimşek on Friday said strong measures meant to enhance ...
dailysabah.com/business/economy/turkiye-to-implement-strong-public-savings-measures-in-h2-simsek
Russian central bank warns of slower drop in inflation as it holds rates at 16%: Inflation is set to ease more slowly than previously thought, Russia's central ...
reuters.com/markets/europe/russian-central-bank-holds-rates-16-raises-inflation-forecast-2024-04-26/
German government raises economic forecast slightly: The German economy is experiencing weak growth - for how much longer? There are increasing signs of a ...
fr.de/wirtschaft/bundesregierung-hebt-konjunkturprognose-leicht-an-zr-93030997.html
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
Stock Markets Today: BOJ decision, ECB easing call, Big Tech, Trump: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-26/stock-markets-today-boj-decision-ecb-easing-call-big-tech-trump
Russia Holds Rates After Putin Urges Caution: Russia's Central Bank on Friday held interest rates unchanged after President Vladimir Putin cautioned against ...
themoscowtimes.com/2024/04/26/russia-holds-rates-after-putin-urges-caution-a84970
Korean economy grows but public feels little effect : The surprise growth of the Korean economy in the first quarter of this year appears not to be felt by the ...
koreatimes.co.kr/www/biz/2024/04/126_373557.html
Javier Milei Sparks Wild Rally That Makes Peso No. 1 in World: Four months into office, Argentine President Javier Milei has pulled off a critical feat in a ...
bloomberg.com/news/articles/2024-04-25/javier-milei-sparks-wild-rally-that-makes-peso-no-1-in-world
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Right-Wingers Plot to Give Trump Control Over Federal Reserve If Reelected: "Under such an approach, the chair would regularly seek Trump's views on ...
commondreams.org/news/trump-federal-reserve
Inflation Focus: The Bloomberg Open, Americas Edition: Good morning. Markets brace for more insight on inflation. Jeff Bezos’s missing messages land him in hot ...
bloomberg.com/news/newsletters/2024-04-26/inflation-focus-the-bloomberg-open-americas-edition
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Proximus sees revenues rise by 4.5% in first quarter: The Belgian group said that its success was due to continued customer growth, as well as price increases ...
brusselstimes.com/belgium/1022922/proximus-sees-revenues-rise-by-4-5-in-first-quarter
Top Jobs: Beaumont Hospital, Bauer Media, Trinity College: In a new weekly update for Business Post subscribers every Friday our business editor Lorcan Allen ...
businesspost.ie/news/top-jobs-beaumont-hospital-bauer-media-trinity-college/
Paid articlePaid Oil prices on track to snap two-week losing streak: Oil prices rose on Friday, on track to end higher this week after two straight weeks of losses, after a top U ...
reuters.com/markets/commodities/oil-prices-rise-us-official-eases-market-concerns-over-economic-headwinds-2024-04-26/
Today in Switzerland: A roundup of the latest news on Friday: Foreigners worried about a letter revoking their residency rights; Swiss salaries are higher but ...
thelocal.ch/20240426/today-in-switzerland-a-roundup-of-the-latest-news-on-friday-137
ECB’s Panetta Warns Cuts Needed to Avoid Ultra-Low Rates Later
bloomberg.com/news/articles/2024-04-25/ecb-s-panetta-warns-cuts-needed-to-avoid-ultra-low-rates-later
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4.4 million percent with inflation protection: The top stocks against mega inflation - now in the new AKTIEN-Report
deraktionaer.de/artikel/aktien/44-millionen-prozent-mit-inflationsschutz-20356201.html
Housing market: Is now the best time for real estate?: The head of Merkur Privatbank, Marcus Lingel, expects an interest rate cut this year ...
faz.net/aktuell/finanzen/meine-finanzen/mieten-und-wohnen/wohnungsmarkt-ist-jetzt-der-beste-zeitpunkt-fuer-immobilien-19678469.html
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Editorial: DC elites should try living on an average wage: When was the last time Joe Biden bought a loaf of bread? The president has people for that ...
bostonherald.com/2024/04/26/editorial-dc-elites-should-try-living-on-an-average-wage/
Argentina’s Central Bank Lowers Key Rate to 60%: Argentina’s central bank cut its key interest rate for the fourth time since President Javier Milei took office ...
bloomberg.com/news/articles/2024-04-25/argentina-s-central-bank-lowers-key-rate-to-60
Austria - an expensive country for workers: According to the OECD, Austria places a higher burden on labor income than almost any other country in the world ...
diepresse.com/18406310/oesterreich-ein-teures-land-fuer-arbeitnehmer
Paid articlePaid Macron Says Inflation Cannot Be Sole Target of Monetary Policy: French President Emmanuel Macron said inflation can no longer be the only target for European ...
bloomberg.com/news/articles/2024-04-25/macron-says-inflation-cannot-be-sole-target-of-monetary-policy
Paid articlePaid Unilever beats sales forecast as customers return to brands: Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's ...
reuters.com/business/retail-consumer/unilever-beats-quarterly-sales-growth-expectations-2024-04-25/
JPMorgan Chase CEO Jamie Dimon says Bidenomics is only ‘partially’ working as many Americans aren’t feeling ‘lifted up by this economy’
fortune.com/2024/04/25/jamie-dimon-on-bidenomics-jpmorgan-chase-economy-inflation-infrastructure/
Paid articlePaid Jamie Dimon warns world order is being challenged, bashes crypto again: JPMorgan's CEO warned of sticky inflation, rising interest rates, recession ...
businessinsider.com/jpmorgan-jamie-dimon-economy-inflation-recession-stagflation-geopolitics-crypto-bitcoin-2024-4
Quick Glance: JPMorgan CEO Dimon Praises US Economy
- Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.
- Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.
- However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.
- Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
'Taylor Swift' bills would crack down on bot ticket purchases, inflated resale prices
detroitnews.com/story/news/politics/2024/04/25/taylor-swift-bills-would-crack-down-on-bot-ticket-purchases-inflated-prices-arizona-eras-tour/73457861007/
Poll: Biden economy is a big concern for independent Mass. voters: Independents are less likely to share Democrats’ rosy take on the state’s economy ...
bostonglobe.com/2024/04/25/business/massachusetts-voter-poll-independents-biden-economy/
Argentina’s Confidence Boosted by Second Rate Cut: In a bold move to combat skyrocketing inflation, the Argentine Central Bank has reduced its benchmark interest ...
riotimesonline.com/argentinas-confidence-boosted-by-second-rate-cut/
Argentina: Universities threatened with closure due to Milei's austerity measures
nzz.ch/international/warnschuss-fuer-javier-milei-hunderttausende-protestieren-gegen-seinen-sparkurs-gegenueber-oeffentlichen-universitaeten-ld.1827884
Stocks Hit as GDP Brings ‘Worst of Both Worlds’: Markets Wrap: Wall Street was rattled by data that showed exactly what stock traders did not want to hear: a ...
dailymaverick.co.za/article/2024-04-25-stocks-hit-as-gdp-brings-worst-of-both-worlds-markets-wrap/
Will the Fed cut rates this year?: Recent economic data have shown inflation stubbornly above the Fed's 2% target, putting rate cuts in jeopardy ...
bondbuyer.com/leaders/will-the-federal-reserve-cut-rates-this-year
Bitcoin analysts agree that BTC has ‘a lot further to run’: Bitcoin on-chain and market cycle data all suggest higher baseline prices for BTC in the months ...
cointelegraph.com/news/bitcoin-analysts-agree-that-btc-has-a-lot-further-to-run
UK lawmakers seek urgent clarity on new post-Brexit border controls: British lawmakers have called on the government to "urgently" clarify what will happen next ...
reuters.com/world/uk/uk-lawmakers-seek-urgent-clarity-new-post-brexit-border-controls-2024-04-25/
Confounding US economic, inflation data cloud Fed's rate path: The Federal Reserve's latest financial stability report was good news for anyone worried that a ...
reuters.com/markets/us/confounding-us-economic-inflation-data-muddy-feds-rate-path-2024-04-25/
Bangladesh leaves Pakistan PM 'ashamed'; here's why: The Prime Minister Shehbaz Sharif-led government hopes to secure another staff-level agreement on a new ...
livemint.com/news/world/pakistan-pm-shehbaz-sharif-ashamed-looking-at-booming-bangladesh-business-leaders-seek-more-handshakes-with-india-11714043545418.html
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
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Normalization expected: Mosa adjusts Edeka Group to falling prices: Edeka is preparing for the post-inflation phase with price cuts, moderate tones towards ...
lebensmittelzeitung.net/handel/nachrichten/ausblick-2024-mosa-stellt-edeka-gruppe-auf-sinkende-preise-ein-177423
Paid articlePaid
RBI MPC member Ashima Goyal: As India develops, problem of high food inflation will get less severe
thehindu.com/business/Economy/as-india-develops-problem-of-high-food-inflation-will-get-less-severe-rbi-mpc-member-ashima-goyal/article68104884.ece
Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
Hundreds of thousands of demonstrators have taken to the streets of Buenos Aires in the biggest protest yet against the drastic austerity measures being ... Show more
HECS debts set for $1250 setback following fresh inflation figures: Higher-than-expected inflation figures released today aren't just bad news for home- and ...
9news.com.au/finance/student-debt-hecs-help-indexation-march-inflation-data/5e837781-ab9f-4602-9260-faff7b9dfcec
Drug pricing: Swiss expert calls for more transparency: As more multi-million-dollar drugs come on the market, there are growing calls for transparency on drug ...
swissinfo.ch/eng/multinational-companies/drug-pricing-swiss-expert-calls-for-more-transparency/75398770
Real wages are falling in Switzerland for the third time in a row - but there is one big exception - Zofinger Tagblatt
zofingertagblatt.ch/so-haben-sich-die-loehne-in-der-schweiz-entwickelt/
Surge in home insurance costs adding more inflation pressure on Americans: Surging home insurance premiums are the latest obstacle to homeownership for millions ...
foxbusiness.com/economy/surge-home-insurance-costs-adding-more-inflation-pressure-on-americans
Foreigners take advantage of weak yen to feast on pricey dishesForeigners take advantage of weak yen to feast on pricey dishes | The Asahi Shimbun: Breaking News, Japan News and Analysis
Does Australia’s higher-than-forecast 3.6% inflation dash hopes for an interest rate cut?
theguardian.com/australia-news/2024/apr/25/does-australias-higher-than-forecast-36-inflation-dash-hopes-for-an-interest-rate-cut
Reuters NEXT Newsmaker with Janet Yellen, US Secretary of the Treasury, to discuss the crisis in the Middle East, lingering inflation pressures and the state ...
reut.rs/4b9JlCc
Milei’s Team Sees Argentina Inflation Slowing Faster Than Economist Survey: Argentine President Javier Milei’s economic team sees monthly inflation slowing much ...
bloomberg.com/news/articles/2024-04-24/milei-s-team-sees-inflation-slowing-faster-than-economist-survey
Paid articlePaid
American dream under threat from harsh realities of inflation: In the wake of the surge in inflation seen in recent years, the economic landscape in the US is ...
arabnews.com/node/2498616
#MintCharts | Inflation in India has again become a key talking point as PM Narendra Modi eyes a third straight term following the Lok Sabha election ... Show more
Social Security’s COLA formula could change under new proposal: Using a different index to measure Social Security’s cost-of-living adjustment could better ...
marketwatch.com/story/social-securitys-cola-formula-could-change-under-new-proposal-and-mean-higher-benefits-for-seniors-6922097c
Ifo business climate rises for the third time in a row: The mood in the German economy has improved significantly for the third time in a row ...
faz.net/aktuell/wirtschaft/mehr-wirtschaft/ifo-geschaeftsklima-steigt-das-dritte-mal-nacheinander-19675081.html
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