Ford says it has a ‘Skunk Works’ team trying to make lower-cost EVs: Ford says it has a top-secret, high-powered team working to design its future electric ...
cnn.com/2024/02/09/cars/ford-skunk-works-designing-a-cheap-ev/
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GM, Ford chiefs clash with UAW as union expands strikes: The chief executives of GM and Ford blasted United Auto Workers leaders on Friday ...
reuters.com/business/autos-transportation/strikes-could-idle-more-detroit-three-auto-plants-friday-2023-09-29/
Quick Glance: GM and Ford CEOs Clash with UAW as Union Expands Strikes
- GM and Ford CEOs criticize United Auto Workers (UAW) as the union escalates the strike.
- UAW chief Shawn Fain responds by expanding the strike against the Detroit Three.
- Fain orders walk-offs at Ford's Chicago assembly plant and GM's Lansing, Michigan, assembly plant.
- Ford is reconsidering the size and scope of the $3.5 billion Marshall battery plant due to uncertainty over labor costs.
The UAW’s Shawn Fain wants to wreck ‘the billionaire class’ as analysis reveals Ford, GM and Stellantis CEOs make at least 281 times their average employee
fortune.com/2023/09/15/uaw-strike-big-three-ceo-salaries-ford-general-motors-stillantis/
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Ford’s EV unit lost $722 million last quarter, but it’s still cutting prices to compete with Tesla
qz.com/ford-ev-unit-q1-2023-loss-tesla-price-war-1850398300
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Ford CEO Farley warns of recession, as inflation and supply disruptions weigh on production
cnbc.com/2022/09/28/ford-ceo-farley-sees-risk-of-recession-amid-inflation-and-supply-disruptions-.html
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‘We absolutely have too many people’: Ford ready to wield the axe as U.S. economy slips into technical recession
fortune.com/2022/07/28/ford-jim-farley-rivian-tesla-jobs-layoffs-headcount-inflation-earnings/
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Does Ford think its EVs qualify for the full $7,500 IRA tax credit? Here's what its CEO said
electrek.co/2022/10/28/ford-ev-ira-tax-credit/
‘We absolutely have too many people’: Ford ready to wield the axe as U.S. economy slips into technical recession
fortune.com/2022/07/28/ford-jim-farley-rivian-tesla-jobs-layoffs-headcount-inflation-earnings/
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Ford expects additional $1B in inflation-related supply chain costs: Ford expects to have up to 45,000 vehicles – primarily high-margin trucks and SUVs – lacking ...
foxbusiness.com/markets/ford-expects-additional-1b-inflation-related-supply-costs
Ford second quarter profit up 19% with stronger year despite inflation: The company pulled together enough computer chips to boost factory output and sales.
orlandosentinel.com/business/ct-biz-ford-results-ap-20220728-qgekjmgq35cr3g2ezi7ex44ekq-story.html
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Ford Is Preparing Major Changes: Jim Farley, the CEO at veteran carmaker Ford Motor, wants to reduce the cost structure and focus on electric vehicles.
thestreet.com/technology/at-ford-motor-big-changes-in-the-offing
Fears about stagflation are mounting in the US. It’s every central banker’s worst nightmare
cnn.com/2024/04/25/economy/stagflation-us-economy-gdp/
Quick Glance: Disappointing Q1 Economic Growth and Implications
- The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.
- Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.
- Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.
- The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
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/
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
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
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
Investors brace for 5% Treasury yields as US inflation worries mount: As U.S. inflation worries grow, some investors are preparing for the 10-year U.S ...
reuters.com/markets/us/investors-brace-5-treasury-yields-us-inflation-worries-mount-2024-04-26/
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
Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
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/
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
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Ford first quarter earnings bruised by 2024 F-150 launch, but revenue up 3%: Ford executives highlight strength of Ford Pro, adjustments with Ford Blue (expected ...
freep.com/story/money/cars/ford/2024/04/24/ford-first-earnings-bruised-f-150-launch-15-cent-dividend/73137862007/
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
theage.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
Wall Street stocks closed lower as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation ... Show more reut.rs/3Uze5XK
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
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
‘Persistent inflation’ will be key in Bitcoin’s run to $200K — Crypto fund manager
cointelegraph.com/news/persistent-inflation-will-be-key-in-bitcoin-s-run-to-200k-crypto-fund-manager
Turkey’s Central Bank keeps interest rates unchanged in first meeting after local elections
duvarenglish.com/turkeys-central-bank-keeps-interest-rates-unchanged-in-first-meeting-after-local-elections-news-64263
Japanese yen retreats after sudden surge: The Japanese yen slid on Friday, having briefly jumped against the dollar and other currencies ...
reuters.com/markets/currencies/yen-its-weakest-decades-boj-meets-2024-04-26/
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
Jamie Dimon thinks he knows why people are so gloomy about the economy: The lowest earners have been left out of the economic boom, and it's no wonder they're ...
businessinsider.com/jamie-dimon-jpmorgan-wealth-income-inequality-economy-inflation-recession-housing-2024-4
SNB’s Jordan Warns New Inflation Shocks Could Hit ‘At Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
ECB Says Consumer Inflation Expectations Edged Lower in March: Inflation expectations of consumers in the euro zone inched down in March, according to the ...
bloomberg.com/news/articles/2024-04-26/ecb-says-consumer-inflation-expectations-edged-lower-in-march
US Economic Growth Isn't Helping Biden Reelection Campaign Due to Inflation: The latest good news and bad news about the US economy is just plain bad news ...
bloomberg.com/news/articles/2024-04-26/growth-plus-inflation-economy-is-a-lose-lose-for-biden
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The Good News on Safe Withdrawal Rates: Our annual study suggests that new retirees can spend more from their portfolios.
morningstar.com/retirement/good-news-safe-withdrawal-rates
The yen has a yield problem the BOJ can't easily fix: As the yen plumbs three-decade lows and pressure grows on Japan to intervene or make monetary policy ...
reuters.com/markets/currencies/yen-has-yield-problem-boj-cant-easily-fix-2024-04-25/
Quick Glance: Market Volatility in Asia: Impact of Meta's Losses
- The depreciation of Asian currencies against the U.S. dollar and potential actions by monetary authorities are at the forefront of Asian markets.
- Post-market gains from U.S. tech giant Meta could impact Asian markets as shares dropped by 10% after trading hours.
- Concerns surrounding currencies are escalating as the dollar breached 155.00 yen on Wednesday without any indication of intervention from Japanese authorities. Will Tokyo take action?
- Given the current environment that led to a rare joint statement on exchange rates from the United States, Japan, and South Korea this month, no possibilities can be ruled out.
Asia stocks, yen tentative with eyes on BOJ decision: Asian shares rose cautiously on Friday as markets sobered up to the idea that U.S. rate cuts were most ...
reuters.com/markets/global-markets-wrapup-1-2024-04-26/
Inflation in Japan's capital slows more than expected, slides below BOJ goal: Core inflation in Japan's capital slowed much more than expected in April and fell ...
reuters.com/markets/asia/inflation-japans-capital-falls-below-boj-target-slows-2nd-month-2024-04-25/
NDR Schleswig-Holstein : In the future, the Suedlink cable should, among other things, provide relief in 2028. 👇
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
The US economy is facing a highly rare bifurcation, economist says: Big companies are weathering high interest rates. Consumers, meanwhile, are facing rising ...
businessinsider.com/recession-extremely-rare-economy-bifurcation-downturn-inflation-fed-rate-cut-2024-4
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What do #Bengaluru 's voters want from the #LokSabhaElections2024 ?@PoojaPrasanna4 and @anisha_w find out: www.youtube.com/watch?v=https://www.youtube.com/watch
Gold (XAUUSD) Heads For Weekly Loss as US Inflation Concerns Sap Demand: Gold was on track for a weekly loss as persistent inflationary forces looked ...
bloomberg.com/news/articles/2024-04-26/gold-xauusd-heads-for-weekly-loss-as-us-inflation-concerns-sap-demand
Weakening yen affects Japanese economy: The yen continues to weaken against the dollar, falling to the 156-yen level on Friday, the lowest in nearly 34 years ...
www3.nhk.or.jp/nhkworld/en/news/backstories/3293/
Rupee to see muted reaction to US inflation flare-up: The Indian rupee is expected to open little changed on Friday, despite a pick-up in U.S ...
reuters.com/markets/currencies/rupee-see-muted-reaction-us-inflation-flare-up-2024-04-26/
Does fighting inflation always lead to recession? What NZ data tells: Here is what 60 years of New Zealand data shows us.
rnz.co.nz/news/business/515288/does-fighting-inflation-always-lead-to-recession-what-nz-data-tells
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
Tokyo Inflation Slows Sharply on Education Subsidy Impact Before BOJ Meeting: Price growth in Tokyo decelerated sharply to a pace below 2% in April ...
bloomberg.com/news/articles/2024-04-25/tokyo-inflation-slows-sharply-on-education-subsidy-impact
Roku Q1 Results Show Benefits Of Streaming Price Hikes: Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the ...
deadline.com/2024/04/roku-q1-earnings-show-streaming-price-hikes-1235895379/
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
Households continue to grapple with cost pressures as 'problems persist'
irishexaminer.com/business/economy/arid-41382205.html
Retirees feel good about money now, but worry about inflation and Social Security
marketwatch.com/story/retirees-feel-good-about-money-and-life-but-worry-about-inflation-and-social-security-e81d453e
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/
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/
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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#MintPlainFacts | Every week, Plain Facts publishes a compilation of data-based insights, complete with easy-to-read charts, to help you delve deeper into the stories ... Show more www.livemint.com/news/india/data-recap-it-results-pmi-readings-air-traffic-11714034903426.html
Five Things You Need to Know to Start Your Day: Asia: Good morning. Microsoft and Alphabet give tech investors a boost. Inflation concerns rattle Treasuries and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-asia
Motor vehicle insurance: policies are becoming more expensive - how you can still save
wiwo.de/unternehmen/versicherer/kfz-versicherungen-policen-werden-teurer-wie-sich-trotzdem-sparen-laesst/29773392.html
UK Consumer Confidence Improves as Inflation Eases, Prospect of Tax Cuts: UK consumer confidence edged higher this month as easing inflation and the prospect of ...
bloomberg.com/news/articles/2024-04-25/uk-consumer-confidence-improves-as-inflation-and-taxes-fall
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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/
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%: The Bank of Japan kept its interest-rate target unchanged, a month after it made its first ...
wsj.com/economy/central-banking/bank-of-japan-holds-rates-steady-expects-inflation-to-stay-around-2-76f50174
US economic growth slows down in Q1 2024; inflation flares up
Will the slower growth delay rate cuts?
Shivan Chanana and Rahesha Sehgal bring you this ... Show more www.wionews.com/videos #useconomy
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers
abcnews.go.com/Business/walmart-us-ceo-talks-inflation-checkout-paying-figures/story
It’s a question of jobs, stupid! : It’s a question of jobs, stupid!
deccanherald.com/opinion/it-s-a-question-of-jobs-stupid-2995363
Above-normal monsoon to cool inflation, growth resilient: Finance ministry: The RBI bulletin on Wednesday had noted even as retail inflation in March eased 4.85% ...
financialexpress.com/policy/economy-above-normal-monsoon-to-cool-inflation-growth-resilient-finance-ministry-3468648/
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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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Vegetable prices to be elevated due to heat wave till June: Crisil: The Meteorological Department expects above-normal temperatures till June ...
financialexpress.com/policy/economy-vegetable-prices-to-be-elevated-due-to-heat-wave-till-june-crisil-3468832/
Global economy set to stay on a roll for the rest of the year: Reuters poll: The global economy is likely to carry its solid momentum for the rest of the year ...
reuters.com/business/global-economy-set-stay-roll-rest-year-2024-04-26/
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
Gold miner Newmont tops profit estimates; asset sale attracts strong interest: Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday ...
reuters.com/markets/commodities/newmont-beats-quarterly-profit-estimates-2024-04-25/
As US economy slows and inflation flares up, Matt Miskin of John Hancock Investment Management explains why bonds might be a better bet in the current market ... Show more reut.rs/3WfEbQN
The Dow drops 375 points on low economic growth, high inflation, and weak tech earnings
qz.com/dow-jones-stocks-gdp-inflation-tech-earnings-1851435533
The US GDP rose 1.6% in the first quarter, well below economists' estimates of 2.4%, at its slowest pace in nearly two yearsreut.rs/3WfEbQN
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/
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Latest Oil Prices, Market News and Analysis for April 26: Oil headed for a narrow weekly gain ahead of US inflation data that will give further clues on the path ...
bloomberg.com/news/articles/2024-04-25/latest-oil-market-news-and-analysis-for-april-26
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
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US GDP: Strong Economy Doesn’t Make the Fed’s Job Harder: The past year has shown that it is possible to have a rapid decrease in inflation along with low ...
bloomberg.com/opinion/articles/2024-04-25/us-gdp-strong-economy-doesn-t-make-the-fed-s-job-harder
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Gradual volume recovery, valuations to support Hindustan Unilever's stock: Hindustan Unilever: The premium portfolio growth across categories was healthy ...
business-standard.com/markets/stock-market-news/gradual-volume-recovery-valuations-to-support-hindustan-unilever-s-stock-124042501184_1.html
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Market Tensions Reflect in Ibovespa’s Minor Decline: In a day marked by mixed economic signals and internal corporate news, the Ibovespa index closed down ...
riotimesonline.com/market-tensions-reflect-in-ibovespas-minor-decline/
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
'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/
Grim advert shows iconic Aussie habit is dead: ANALYSIS
news.com.au/finance/business/other-industries/grim-ad-shows-australian-cafe-habit-is-dying/news-story/0c9193d5d8d99fdfb739a6a5d98384cf
FTC chief says tech advancements risk health care price fixing: Price fixing removes competition from the market and generally makes goods and services more ...
bostonherald.com/2024/04/25/ftc-chief-says-tech-advancements-risk-health-care-price-fixing/
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