Biden says he sees no recession in 2023 or 2024 -PBS NewsHour interview
Synopsis by USA TODAY Feb 09 23
President Biden played down the controversy over classified documents, saying they were “to the best of my knowledge…from 1974, stray papers.”Read full article 
Reuters: Biden says he sees no recession in 2023 or 2024 -PBS NewsHour interview
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| Last Updated | Feb 09 23 |
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Biden: Classified docs found at home and office were 'stray papers' from decades ago
usatoday.com/story/news/politics/2023/02/08/biden-classified-docs-found-home-and-office-were-stray-papers/11215245002/
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Biden: Classified docs found at home and office were 'stray papers' from decades ago
usatoday.com/story/news/politics/2023/02/08/biden-classified-docs-found-home-and-office-were-stray-papers/11215245002/
TSMC Outlook Beats Estimates as AI Demand Helps Propel Business: Taiwan Semiconductor Manufacturing Co. expects revenue to rise as much as about 30% this quarter ...
bloomberg.com/news/articles/2024-04-18/tsmc-posts-first-profit-growth-in-a-year-after-global-ai-boom
Kennedy Family to Endorse Biden, in a Show of Force Against RFK Jr.: More than a dozen members of the storied political family will appear with the president in ...
nytimes.com/2024/04/18/us/politics/biden-kennedys-rfk-jr.html
It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
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- In the era of 'buying the dip,' there is a chance that a decline could occur gradually or swiftly, or it could even be a false alarm.
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- The primary goal is to avoid being affected by market-changing sell-offs, and adjusting the portfolio to address the current market risks is crucial.
BOE Governor Expects Sharp Drop in UK Inflation Next Month: Bank of England Governor Andrew Bailey expects a sharp drop in Britain’s inflation rate next month ...
bloomberg.com/news/articles/2024-04-17/boe-governor-expects-sharp-drop-in-uk-inflation-next-month
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Quick Glance: Powell Warns of Lack of Progress on Inflation
- Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.
- Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.
- Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.
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Gold (XAUUSD) Jumps After Iran Strike Against Israel Stokes Haven Demand: Gold rose as much as 1.2% shortly after the open as Iran’s attack on Israel over the ...
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Paid articlePaidQuick Glance: New Measures Against Iran and Escalation in West Bank
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- To combat the escalation in the Israeli-occupied West Bank, Israeli and Palestinian officials reported the deaths of two Palestinians shot by Israeli settlers on Monday.
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Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
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Why Is Gold Suddenly Rising Right Now?: Gold’s scorching run to an all-time high may seem easy to explain from a distance, given the fractious geopolitical ...
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Gold Prices at a Record High Are Keeping Pawn Shops Busy: Record prices pushing toward $2,500 an ounce are proving hard to resist
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Jill Biden calls Trump a 'bully' who is 'dangerous' to LGBTQ people: Jill Biden says former Republican President Donald Trump is a “bully” who is “dangerous” for ...
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Quick Glance: Jill Biden warns of Trump's danger to LGBTQ2S+ community
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- She urged to fight against external forces working to undo the hard-won rights of the LGBTQ2S+ community.
- Voters in this demographic group overwhelmingly supported Biden in 2020, and their support is crucial for Biden's re-election.
- Jill Biden highlighted President Biden's achievements in LGBTQ2S+ rights and called for continued fight for freedom and equality.
Biden to make Pa. swing, tout economic plans and compare his policies to Trump’s
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Paid articlePaidQuick Glance: Biden Critiques Trump's Economy in Pennsylvania
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- Biden emphasized the importance of honesty, decency, and family in economic policy.
- He advocated for higher taxes on billionaires and pledged not to increase taxes on Americans earning less than $400,000 annually.
- Biden also highlighted his efforts to improve access to healthcare and reduce prescription drug costs.
Fire Engulfs Copenhagen Landmark Old Stock Exchange Building: A fire ripping through Denmark’s old stock exchange building has torn down the structure’s ...
bloomberg.com/news/articles/2024-04-16/copenhagen-landmark-old-stock-exchange-building-is-on-fire
Paid articlePaidQuick Glance: Devastating Fire Strikes Copenhagen's Old Stock Exchange
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- The fire spread across multiple floors of the monument, leading to the collapse of its roof, as reported by local fire department chief Jakob Vedsted Andersen.
- The tower, standing at 184 feet, featured a distinctive design resembling four intertwined dragons’ tails, symbolizing protection against enemies and fire, as indicated by tourism websites.
- Deputy Prime Minister Troels Lund Poulsen referred to the incident as Denmark’s unique moment akin to Notre Dame, alluding to the 2019 fire in the roof of the Parisian landmark.
BREAKING: The US Senate dismissed both charges of illegal conduct by Homeland Security Secretary Alejandro Mayorkas, as Democrats successfully defended ...
reut.rs/3U4exM9
Most don’t think Trump acted illegally in hush money case: Poll: With former President Trump’s first criminal trial officially underway, most Americans don’t ...
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US Retail Sales Exceed Forecast and Prior Month Revised Higher: US retail sales rose by more than forecast in March and the prior month was revised higher ...
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Paid articlePaid Biden is seeking higher tariffs on Chinese steel as he courts union voters: President Joe Biden wants to triple U.S. tariffs on steel from China ...
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Quick Glance: Joe Biden Calls for Significant Increase in Tariffs on Chinese Steel
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Fire Engulfs Copenhagen Landmark Old Stock Exchange Building: A fire ripping through Denmark’s old stock exchange building has torn down the structure’s ...
bloomberg.com/news/articles/2024-04-16/copenhagen-landmark-old-stock-exchange-building-is-on-fire
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Quick Glance: Arizona Republicans foil another effort to repeal 1864 abortion ban
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- State House Democrats made a procedural maneuver to attempt to suspend House rules and bring the repeal bill to the floor for discussion. However, this action was rejected by the GOP majority, with only one Republican, Representative Matt Gress, crossing party lines to support bringing up the repeal bill.
- A similar endeavor to repeal the ban was obstructed by Republicans last week. Following persistent criticism of the law by Democrats both within and outside the state throughout the week, prominent figures like Trump and Lake recognized the political risks and advocated for a change in direction within the Legislature.
US Bank Earnings: Traders Beat Estimates as Net Interest Income Slumps: Wall Street’s traders are picking up the slack as income from lending slumps across the ...
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McKinsey Begins to Cut Roughly 360 Jobs Amid Slowdown in Client Demand: McKinsey & Co. is beginning to eliminate roughly 360 jobs as the consulting giant ...
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Chinese Economy’s Strong Start to 2024 Is Already Fading: China announced faster-than-expected economic growth in the first quarter – along with some numbers ...
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Quick Glance: Trump Faces Landmark Trial Over Hush Money Case
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- The trial will feature key witnesses from Trump's inner circle testifying against him, including Michael Cohen and David Pecker. It will delve into the Oval Office, where Trump allegedly approved the cover-up.
- Prosecutors must prove that Trump falsified business records with intent to commit or conceal another crime. Trump's defense is likely to focus on the legality of the hush money payments and attempt to distance him from the accounting handled by his employees.
US Imposes Fresh Sanctions on Iran Over Israel Drone Barrage: The Biden administration imposed fresh sanctions on Iran over its April 13 strike on Israel ...
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Paid articlePaid Biden calls on trade rep to consider tripling tariffs on Chinese steel: The White House on Wednesday rolled out a slew of actions intended to protect the U.S ...
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ECB Will Need to Make More Cuts This Year and Next After June, Villeroy Says: The European Central Bank will need to make further reductions to interest rates ...
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T. Rowe Price Says Yen Is at Risk of Falling 10% Against Dollar: The Japanese yen will continue its drop and could slide another 10% to levels not seen since the ...
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JPY USD: Yen Traders Brace for 160 Level Even as Intervention Risks Rise: A tumbling yen is spurring traders to game plan how much further Japan’s beleaguered ...
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Paid articlePaid WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
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Robert MacNeil, co-founder of NewsHour, dies at 93: MacNeil, a pioneer of public media journalism and a driving force behind the show that would become the PBS ...
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Quick Glance: Robert MacNeil, Co-Founder of 'PBS NewsHour,' Passes Away at 93
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Paid articlePaid In surprise, Biden faces real threat from Trump with Hispanic voters: When President Biden visited a Mexican restaurant in Phoenix, Ariz., last month ...
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Summers Warns About Avoiding a ‘Large and Egregious Error’ in Monetary Policy: Inflation data show the Fed should leave rates where they are, he says
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Oil Traders Wager on $250 Price by June as War Risk Escalates: Oil traders piled into more than 3 million barrels worth of options contracts in a bet that prices ...
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France Might Block Drugmaker Biogaran’s Sale to Foreign Firm: The French government might block a foreign company from buying generic-drug maker Biogaran ...
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Paid articlePaid Emerging-Market Assets Sink to 2024 Low Amid Growth, Rate Risks: The benchmark index for emerging-market equities erased its 2024 advance and the gauge for ...
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Paid articlePaid Treasury Yields Reach New 2024 Highs After March Retail Sales: Most US Treasury yields climbed to new year-to-date highs — and the 2-year note’s approached 5% — ...
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Paid articlePaid Election 2024: News organizations urge Biden, Trump to commit to presidential debates
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Quick Glance: News Organizations Encourage Biden and Trump to Commit to Debates
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- The Trump campaign pushed for an earlier debate schedule, criticized moderator selection, and raised concerns about the fairness and impartiality of the debates.
Scottish Power to Pay £1.5 Million for Overcharging Customers: One of Britain’s largest energy suppliers was slapped with a £1.5 million ($1 ...
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Paid articlePaid Biden: ‘It never occurred’ to Trump to take competitive stance on China: President Biden argued that it never occurred to former President Trump to take a ...
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EU Aims for New Iran Sanctions Over Israel Strike in Coming Days: The European Union aims to propose fresh sanctions on Iran over its strike on Israel as early ...
bloomberg.com/news/articles/2024-04-16/eu-aims-for-new-iran-sanctions-over-israel-strike-in-coming-days
China Real Estate Crisis: Private Builders Face $553 Billion Gap to Finish Homes: Chinese private developers face a 4 trillion yuan ($553 billion) funding gap to ...
bloomberg.com/news/articles/2024-04-15/china-real-estate-crisis-private-builders-face-553-billion-gap-to-finish-homes
Paid articlePaid Fed’s Beige Book Holds Clues to Predicting Downturn, Study Shows: A trove of anecdotes on the economy gathered by the Federal Reserve over five decades may hold ...
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Paid articlePaid Liechtenstein Is Joining the International Monetary Fund: Liechtenstein, the world’s second-richest country, is set to become the newest member of the ...
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Paid articlePaid USD Dollar Heads for Best Run in Year in Bet on Fed Delaying Cuts: The dollar is headed for its biggest rally in over a year on expectations US interest rates ...
bloomberg.com/news/articles/2024-04-16/usd-dollar-heads-for-best-run-in-year-in-bet-on-fed-delaying-cuts
Swiss Parliament Rejects Joining Russia Sanctions Task Force: Switzerland’s parliament rejected a proposal for the government to join a US-led sanctions task ...
bloomberg.com/news/articles/2024-04-17/swiss-parliament-rejects-joining-russia-sanctions-task-force
Paid articlePaid Biden returns to his Scranton roots to pitch tax plan: President Joe Biden will begin three straight days of campaigning in Pennsylvania in his childhood ...
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Former British PM Liz Truss says it ‘has to be’ Trump in White House next year: Former British Prime Minister Liz Truss said Monday that it “has to be” former ...
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Soaring Cocoa Prices Lure Farmers to Plant More Trees: With global prices for the commodity hitting $10,000 a ton, there’s a drive to plant more trees.
bloomberg.com/news/features/2024-04-11/soaring-cocoa-prices-lure-farmers-to-plant-more-trees
Paid articlePaid Commodity Markets: High Gold, Oil, Copper Prices Will Remain Problem for Fed: A new commodities boom is complicating central bankers’ anti-inflation efforts and ...
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Paid articlePaid Supply Chain Latest: The Economic Costs of Protectionism: The economists are fighting back.
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Why Biden Should Not Debate Trump: The networks want their show, but to give the challenger equal status on a TV stage would be a dire normalization of his ...
theatlantic.com/ideas/archive/2024/04/joe-biden-donald-trump-presidential-debate/678079/
Joe Biden’s approval rating on the economy is rising among US voters: FT-Michigan Ross poll finds president’s gains could be derailed by persistent fears over ...
ft.com/content/bdd37729-8225-4f52-ae88-a7edeb329bb5
India Stocks to Beat China, Japan Equities Despite High Price: Chinese stocks will underperform despite low valuations, survey respondents say
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Quick Glance: Record Audience at NCAA Women's Championship
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Trump blames Biden for Iran strike on Israel: ‘It would not have happened if we were in office’
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bloomberg.com/news/articles/2024-04-16/brief-yen-surge-shows-traders-highly-sensitive-to-intervention
Paid articlePaid Oil Market Keeps Calm Even as Iranian Missiles Fly: The market is largely unruffled by the assault on Israel amid speculation the conflict will remain contained.
bloomberg.com/news/newsletters/2024-04-15/oil-market-keeps-calm-even-as-iranian-missiles-fly
Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
Paid articlePaid China PBOC Buys Gold for 17th Month as Prices Hit Record: China’s central bank purchased gold for its reserves for a 17th straight month in March ...
bloomberg.com/news/articles/2024-04-07/china-pboc-buys-gold-for-17th-month-as-prices-hit-record
Paid articlePaid Wise Money Transfer App Revenue Misses Estimates as Payment Volume Growth Slows: Wise Plc reported revenue in its fourth quarter that missed analyst estimates as ...
bloomberg.com/news/articles/2024-04-16/wise-revenue-misses-estimates-as-payment-volume-growth-slows
Paid articlePaid World Hits 10th Consecutive Month of Record-High Temperatures: March was the Earth’s 10th consecutive month of record-breaking heat, with populations across much ...
bloomberg.com/news/articles/2024-04-09/world-hits-10th-consecutive-month-of-record-high-temperatures
Paid articlePaidQuick Glance: Global Record: Warmest March Ever
- Last month marked the warmest March globally on record and the tenth consecutive month with new temperature records for respective months.
- According to a report from the Copernicus Climate Change Service (C3S), the EU's climate monitoring service, global temperatures in March surpassed the pre-industrial average for that month from 1850 to 1900 by 1.68°C and were 0.73°C above the 1991-2020 average for March. The previous month also exceeded the previous March record by 0.10°C set in 2016.
- The global average temperature from April 2023 to March 2024 is now the highest on record, standing at 1.58°C above the 1850-1900 pre-industrial average.
- In Europe, temperatures in March 2024 were 2.12°C above the 1991-2020 average for the month, with significantly above-average temperatures observed in central and eastern Europe.
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