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Biden: GOP policies would surrender tech economy to China: Biden visited a North Carolina semiconductor manufacturer as he launches an effort to spotlight the ...
detroitnews.com/story/news/nation/2023/03/28/in-north-carolina-biden-to-compare-economic-plan-with-gops/70057062007/
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Biden: GOP policies would surrender tech economy to China: Biden visited a North Carolina semiconductor manufacturer as he launches an effort to spotlight the ...
detroitnews.com/story/news/nation/2023/03/28/in-north-carolina-biden-to-compare-economic-plan-with-gops/70057062007/
China’s Xi Jinping to Visit Kazakhstan in July, Tokayev Says: Chinese President Xi Jinping is planning to visit Kazakhstan for the second time since he resumed ...
bloomberg.com/news/articles/2024-03-28/china-s-xi-jinping-to-visit-kazakhstan-in-july-tokayev-says
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The Stock Market Had a Great Start to the Year. What History Says Happens Next.: The S&P 500’s first-quarter rally comes on the heels of last year’s 24% surge ...
barrons.com/articles/stock-market-great-start-2024-happens-next-0e5168a0
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India Making Mistake Believing ‘Hype’ About Growth, Rajan Says: India is making a big mistake believing the “hype” around its strong economic growth since there ...
bloomberg.com/news/articles/2024-03-26/india-making-mistake-believing-hype-about-growth-rajan-says
Greece to Increase Minimum Wage by €50 a Month From April 1: Greek Prime Minister Kyriakos Mitsotakis announced an increase of €50 ($53.9) a month to the ...
bloomberg.com/news/articles/2024-03-29/greece-to-increase-minimum-wage-by-50-a-month-from-april-1
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Are SBF’s Friends in Prison? Where FTX’s Ellison, Nishad, Wang Are Now: One moved continents to hunker down in her family home. Another landed a job as a ...
bloomberg.com/news/articles/2024-03-28/are-sbf-s-friends-in-prison-where-ftx-s-ellison-nishad-wang-are-now
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Quick Glance: Sam Bankman-Fried's Verdict: 25-Year Prison Term - BBC News
- Sam Bankman-Fried received a 25-year prison sentence. Key details from the court hearing in New York were summarized, focusing on his defense lawyer's arguments and the judge's ruling.
- The judge criticized SBF's lack of remorse, noting that he had never expressed a word of regret for committing terrible crimes. Customers who lost money in the collapse reported experiencing nightmares.
- SBF admitted to making a series of poor decisions but claimed that customers could be reimbursed. The judge pointed out that the assertion that customers would be fully repaid through the bankruptcy process was misleading.
- The court hearing also included testimonies from customers who lost significant amounts of money, insights into SBF's background, and the reasons behind the collapse of his company FTX.
U.S. Economic Growth Remains Robust, No Matter How You Slice It: The U.S. economy grew 3.4% in the fourth quarter of 2023, up from previous GDP estimates ...
on.barrons.com/3vk89Z2
Stock market surge rewards S&P 500 with best start since 2019: A robust quarter for the tech and financial sectors boosted the S&P to its best quarter since 2019 ...
washingtonpost.com/business/2024/03/28/stock-market-first-quarter-2024/
Quick Glance: Strong Gains for Dow Jones and Nasdaq in First Quarter of 2024
- The stock market wrapped up the first quarter on an upswing, driven by investors' optimism about the state of the economy.
- The S&P 500 gained 10.8 percent in the first quarter, while the Nasdaq surged by 10.9 percent.
- Analysts viewed the Dow Jones Industrial Average's respectable first quarter gain of 5.5 percent as a positive sign that the current rally isn't solely dependent on Big Tech.
- The Dow closed at 39,807 and the S&P 500 at 5,254, both with marginal daily gains, while the Nasdaq fell 0.1 percent to close at 16,379.
Spreads for US Junk, Financial Bonds Portend Improved Economic Outlook: Two of the fixed income securities that best portend economic strains — US junk bonds and ...
bloomberg.com/news/articles/2024-03-29/spreads-for-us-junk-financial-bonds-portend-improved-outlook
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China Uses Surprise Data Announcements to Counter Economic Gloom: Chinese officials are using a new strategy to help shape a positive narrative on their nation’s ...
bloomberg.com/news/articles/2024-03-24/china-is-front-running-key-data-to-control-slowdown-narrative
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China’s Xi Jinping plays salesman-in-chief in meeting with US CEOs: Chinese leader sought to persuade visiting businessmen that country still a good investment
ft.com/content/f70f48ae-d649-4fde-b3c0-c0d8e3bb3391
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What Do We Owe Women for Child Care And Housework? $3.6 Trillion: Hello, I’m Claire Suddath, a senior writer on the Equality team, here to talk about how the US ...
bloomberg.com/news/newsletters/2024-03-28/what-do-we-owe-women-for-child-care-and-housework-3-6-trillion
Top Resume Mistakes To Avoid When Applying To Jobs: The average CV has doubled to two pages in recent years with applicants adding more ambiguous keywords.
bloomberg.com/news/articles/2024-03-28/top-resume-mistakes-to-avoid-when-applying-to-jobs
JPY USD: What to Know About Japan Policy Language on Yen and Intervention: The yen is within striking distance of a three-decade low against the dollar after a ...
bloomberg.com/news/articles/2024-03-25/a-trader-s-guide-to-japanese-policymakers-language-on-the-yen
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China’s Charm Offensive Aims to to Win Back Wary Investors: Hello, this is Josh Xiao in Singapore.
bloomberg.com/news/newsletters/2024-03-29/china-s-charm-offensive-aims-to-to-win-back-wary-investors
Dutch Invest €2.5 Billion in Eindhoven Area to Keep ASML on Side: The Dutch government will spend €2.5 billion ($2.7 billion) on infrastructure and education ...
bloomberg.com/news/articles/2024-03-28/dutch-invest-2-5-billion-in-eindhoven-area-to-keep-asml-on-side
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Nvidia Catapults Emerging-Markets Stock Picker to Top Spot and Irks Rivals: Lewis Kaufman is, depending on who you ask, a phony or a genius.
bloomberg.com/news/articles/2024-03-27/nvidia-catapults-emerging-markets-stock-picker-to-top-spot-and-irks-rivals
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Wall Street on Edge With Momentum Trade Wrapping Up Historic Quarter: The simplest stock strategy on Wall Street — beloved by the smartest minds in finance and ...
bloomberg.com/news/articles/2024-03-28/wall-street-on-edge-as-momentum-trade-wraps-up-historic-quarter
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Daniel Kahneman Says Noise Is Wrecking Your Judgment. Here’s Why, and What to Do About It.
on.barrons.com/3ISm4bT
Stock Market Today: Dow, S&P Live Updates for March 29: Shares in Asia rose following gains on Wall Street, with focus shifting to key US consumer price data due ...
bloomberg.com/news/articles/2024-03-28/asia-stocks-to-open-higher-after-us-notches-gains-markets-wrap
Cocoa Price Rises Drive Market Close to Breaking Point: The global cocoa market is buckling under the strain of unprecedented shortages.
bloomberg.com/news/articles/2024-03-28/cocoa-price-rises-drive-market-close-to-breaking-point
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Dalio on Xi’s ‘100-Year-Storm’ Prediction, What ‘Lost Decade’ Means for China: Ray Dalio warned that China should cut its debt and ease monetary policy or face ...
bloomberg.com/news/articles/2024-03-28/dalio-on-xi-s-100-year-storm-prediction-what-lost-decade-means-for-china
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US Race Data to Include New Middle Eastern, Hispanic Categories: The moves are the first changes in a quarter century.
bloomberg.com/news/articles/2024-03-28/us-race-data-to-include-new-middle-eastern-hispanic-categories
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Altice France Rating Cut by S&P After Moody’s Downgrade: S&P Global Ratings lowered Altice France SA’s credit rating, adding further pressure on the ...
bloomberg.com/news/articles/2024-03-28/altice-france-rating-cut-by-s-p-after-moody-s-downgrade
Old Xi Speech on China’s Monetary Tools Catches Trader Eyes: A line from a 172-page book citing President Xi Jinping’s comments on the nation’s monetary tools ...
bloomberg.com/news/articles/2024-03-28/xi-s-old-speech-on-china-s-monetary-tools-catches-traders-eyes
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Old Xi Jinping speech sparks China monetary easing speculation: A sentence from a months-old speech by Chinese President Xi Jinping has sparked speculation the ...
reuters.com/markets/asia/old-xi-jinping-speech-sparks-china-monetary-easing-speculation-2024-03-29/
Switzerland Was Correct to Lower Interest Rates, IMF Says: Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth ...
bloomberg.com/news/articles/2024-03-28/switzerland-was-correct-to-lower-interest-rates-imf-says
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Pressuring allies not to fulfill chip kit service contracts with China now official US policy
theregister.com/2024/03/28/us_semiconductor_allies_china/
US Logistics to Absorb Bridge Shock — For Now: I’m Chris Anstey, a senior economics editor in Boston, and today we’re looking at the economic implications of the ...
bloomberg.com/news/newsletters/2024-03-27/us-logistics-to-absorb-bridge-shock-for-now
Opinion | Bidenomics Is Making China Angry. That’s OK.: Trump talked tough, but Biden is wielding a big stick.
nytimes.com/2024/03/28/opinion/biden-trump-china.html
Xi Jinping lieutenant calls for Asia to ‘jointly’ manage its own security : Zhao Leji’s comments a veiled rebuke of US efforts to strengthen alliances in region
ft.com/content/98b07ca2-0b0b-4d15-8ebc-9be765e76796
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US Pending Home Sales Bounce Back in February 2024: Pending sales of previously-owned homes in the US recovered last month after declining at the start of the ...
bloomberg.com/news/articles/2024-03-28/us-pending-home-sales-bounce-back-after-slumping-in-january
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US Consumer Sentiment Jumps to Highest Level Since July 2021: US consumer sentiment rose markedly toward the end of March, supported by strong stock-market gains ...
bloomberg.com/news/articles/2024-03-28/us-consumer-sentiment-jumps-to-highest-level-since-july-2021
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Investors Shun China and India, Reward Japan as Earnings Season Winds Down: As the Asia-Pacific reporting season takes a breather, a look at how investors have ...
bloomberg.com/news/articles/2024-03-28/investors-shun-china-and-india-reward-japan-as-earnings-season-winds-down
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Chinese firms' fundraisings in limbo as IPOs scrutinised at home and abroad: Chinese companies are staring at the prospects of a drought of new equity capital as ...
reuters.com/markets/asia/chinese-firms-fundraisings-limbo-ipos-scrutinised-home-abroad-2024-03-28/
A Leading ‘Quant’ Investor on Value Investing, Private Credit, and Market Risks: Cliff Asness, CIO of AQR Capital Management, is on a winning streak after ...
barrons.com/articles/quant-investor-value-investing-private-credit-market-risks-4e0bcdd5
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Potent Cannabis Strain Legalized in Malawi for Medicinal Use: Malawian legislators legalized the cultivation of a highly potent local variety of cannabis for ...
bloomberg.com/news/articles/2024-03-28/potent-cannabis-strain-legalized-in-malawi-for-medicinal-use
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US Buys 2.8 Million Barrels of Oil as It Fills Strategic Petroleum Reserve: The US purchased 2.8 million barrels of crude for the nation’s emergency oil cache as ...
bloomberg.com/news/articles/2024-03-28/us-buys-2-8-million-barrels-of-oil-as-it-fills-strategic-reserve
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Week Ahead for FX, Bonds: U.S. Jobs Data Return to the Spotlight: U.S. monthly jobs data return to the spotlight as investors expect the Federal Reserve will ...
on.wsj.com/4az3AbY
Snowflake’s New CEO Snaps Up Shares: Snowflake stock edged up after new CEO Sridhar Ramaswamy purchased $5 million of the cloud-based data warehouse company’s ...
barrons.com/articles/snowflake-stock-price-ceo-89e4c47f
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Daniel Kahneman, Nobel-Winning Psychologist Who Upended Economics, Dies at 90: Daniel Kahneman, a psychologist whose work casting doubt on the rationality of ...
bloomberg.com/news/articles/2024-03-27/daniel-kahneman-psychologist-who-upended-economics-dies-at-90
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Quick Glance: Daniel Kahneman, Pioneer of Behavioral Economics, Dies at 90
- Daniel Kahneman, an Israeli American psychologist and best-selling author, passed away at the age of 90. His award-winning research revolutionized economics and various fields by showcasing how people often abandon logical thinking and jump to hasty conclusions.
- Dr. Kahneman's research debunked the concept of 'homo economicus' and revealed that individuals frequently resort to intellectual shortcuts that lead to misguided decisions.
- He coined the term 'thinking, fast and slow' and illustrated how people are often overly confident, placing excessive faith in their intuitions.
- Kahneman and his colleague Tversky pioneered behavioral economics, applying psychological insights to economic decision-making and influencing behavior in diverse sectors.
Foreign Turkey Stock Bears Cut Back on ETF Short Positions: Foreign investors have been cutting down their bets against Turkish stocks, with short positions on ...
bloomberg.com/news/articles/2024-03-28/foreign-turkey-stock-bears-cut-back-on-etf-short-positions
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EM Currencies Miss Reform-Led Emerging-Market Rally as Stocks, Dollar Bonds Gain: Emerging markets are closing the first quarter brimming with turnaround stories ...
bloomberg.com/news/articles/2024-03-28/em-currencies-miss-reform-led-emerging-market-rally-as-stocks-dollar-bonds-gain
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China Vanke Profit Tumbles 46%, Vows to Cut Debt By $14 Billion: China Vanke Co.’s profit tumbled more than analysts expected last year and it vowed to slash ...
bloomberg.com/news/articles/2024-03-28/china-vanke-profit-tumbles-46-vows-to-cut-debt-by-14-billion
Pan-African Group Plans Instant-Payment Systems for 15 Nations: A pan-African group backed by the Bill & Melinda Gates Foundation and the Rockefeller ...
bloomberg.com/news/articles/2024-03-28/pan-african-group-plans-instant-payment-systems-for-15-nations
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All about nepo baby Nicholas Tse, the son of movie stars, Cecilia Cheung’s ex-husband and Faye Wong’s boyfriend
scmp.com/lifestyle/entertainment/article/3256772/all-about-nepo-baby-nicholas-tse-son-movie-stars-cecilia-cheungs-ex-husband-and-faye-wongs-boyfriend
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China’s Xi Jinping Meets With US Business Leaders : Xi emphasized the mutually beneficial economic ties between the two, despite heavy U.S ...
thediplomat.com/2024/03/chinas-xi-jinping-meets-with-us-business-leaders/
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U.S. Chip Makers Given Hope By China’s Xi, and Other Tech News Today: China's President Xi Jinping met with CEOs of a number of U.S. companies ...
barrons.com/articles/apple-qualcomm-broadcom-tech-stocks-news-1f58c28f
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Rebuilding Baltimore’s Key Bridge will likely take years, experts say: The original construction took five years and cost $316 million in today’s dollars.
washingtonpost.com/dc-md-va/2024/03/27/baltimore-key-bridge-rebuild-timeline/
Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Hong Kong woman, 71, charged with murder after dementia-suffering husband, 84, found dead in bed
scmp.com/news/hong-kong/law-and-crime/article/3257151/wife-71-charged-murder-hong-kong-after-dementia-sufferer-84-found-dead-bed
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China's Country Garden delays publication of 2023 financial results: Country Garden , China's largest private property developer, delayed the publication of its ...
reuters.com/world/china/chinas-country-garden-delays-publication-2023-financial-results-2024-03-28/
Philippines’ Rodrigo Duterte and China’s Xi Jinping allegedly had unwritten pact on South China Sea status quo
scmp.com/week-asia/politics/article/3257138/philippines-rodrigo-duterte-and-chinas-xi-jinping-allegedly-had-unwritten-pact-south-china-sea
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Xi Slams ‘Technological Barriers’ During Dutch Premier’s Visit: Chinese President Xi Jinping criticized “technological barriers” during Dutch Prime Minister Mark ...
bloomberg.com/news/articles/2024-03-27/xi-slams-technological-barriers-during-dutch-premier-s-visit
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China Central Bank Names First Female Deputy Governor Since 2015: China appointed the first female deputy chief of the central bank in nine years ...
bloomberg.com/news/articles/2024-03-28/china-central-bank-names-first-female-deputy-governor-since-2015
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China Engineering Ready to Export Desert Mega-Bases to the World: China’s top engineering firm for energy projects says it’s ready to pitch the concept of desert ...
bloomberg.com/news/articles/2024-03-27/china-engineering-ready-to-export-desert-mega-bases-to-the-world
Why the Bond Market Is Closing Early Today: In observance of Good Friday, a religious holiday observed on the Friday before Easter, U.S ...
barrons.com/articles/bond-market-hours-open-close-today-e916d8ad
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American CEO Spills Secrets From Xi Jinping Meeting: China's President Gave 'Tough Answers' On Everything
benzinga.com/markets/asia/24/03/37977730/american-ceo-spills-secrets-from-xi-jinping-meeting-chinas-president-gave-tough-answers-on-everythin
Trump evokes more anger and fear from Democrats than Biden does from Republicans, AP-NORC poll shows
bostonherald.com/2024/03/27/trump-evokes-more-anger-and-fear-from-democrats-than-biden-does-from-republicans-ap-norc-poll-shows/
Baltimore Union Fears Loss of 2,400 Jobs After Bridge Collapse: The Baltimore bridge collapse is poised to leave thousands without work and there’s no firm plan ...
bloomberg.com/news/articles/2024-03-27/baltimore-union-fears-loss-of-2-400-jobs-after-bridge-collapse
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Europe’s economy is under attack from all sides: First Putin, now Xi. Next Trump?
economist.com/finance-and-economics/2024/03/26/europes-economy-is-under-attack-from-all-sides
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Chinese leader Xi issues a positive message at a meeting with US business leaders as ties improve
apnews.com/article/china-us-trade-economy-xi-jinping-62568f1f1ba1f5d722e0e7795bb0bac6
Quick Glance: Chinese Leader Xi Warns Against Technology Restrictions
- Chinese President Xi Jinping told Dutch Prime Minister Mark Rutte that attempts to restrict China’s access to technology will not hinder the country’s progress.
- In 2023, the Netherlands imposed export licensing requirements on machinery used to make advanced processor chips.
- Xi cautioned against scientific and technological barriers that could lead to division and confrontation.
- Rutte emphasized the importance of protecting ASML's interests while acknowledging that national security takes precedence over economic interests.
US Homebuyers Expecting $10,000 Savings Face Tough Reality: Consumers expecting big savings from a National Association of Realtors’ class-action settlement over ...
bloomberg.com/news/articles/2024-03-24/us-homebuyers-expecting-10-000-savings-face-tough-reality
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Hong Kong woman sets fire to flat with blowtorch, injuring 3 people and killing 4 cats
scmp.com/news/hong-kong/law-and-crime/article/3257184/hong-kong-woman-sets-fire-flat-blowtorch-injuring-3-people-and-killing-cat
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How to predict Donald Trump’s foreign policy: He may be inconsistent, but his advisers offer some clues
economist.com/briefing/2024/03/27/how-to-predict-donald-trumps-foreign-policy
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Work-Life Balance Replaces Hustle Culture: The live-to-work ethic has flipped. Now people want work-life balance and that’s transforming not just workplaces but ...
bloomberg.com/news/articles/2024-03-27/work-life-balance-replaces-hustle-culture
Xi Jinping meets top U.S. executives, then Dutch PM in Beijing: SHANGHAI -- Chinese President Xi Jinping on Wednesday met top U.S. business executives before ...
asia.nikkei.com/Politics/International-relations/Xi-Jinping-meets-top-U.S.-executives-then-Dutch-PM-in-Beijing
The Bullish Case for Commodities: If inflation is here to stay, resources are one of the few reliable hedges.
bloomberg.com/news/newsletters/2024-03-27/the-bullish-case-for-commodities
Tankers Haul More Russian Diesel to Brazil Where There’s a Glut: Tankers laden with millions of barrels of Russian diesel are floating off the coast of Brazil — ...
bloomberg.com/news/articles/2024-03-27/tankers-haul-more-russian-diesel-to-brazil-where-there-s-a-glut
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Art Basel Hong Kong: What to See and Do at Biggest Art Event of the Year: Welcome to Hong Kong Edition, your guide to the people and money shaking up the Asian ...
bloomberg.com/news/newsletters/2024-03-28/art-basel-hong-kong-what-to-see-and-do-at-biggest-art-event-of-the-year
Chinese Stocks Gain as Report Spurs Policy Easing Speculation: Chinese stocks advanced after a report spurred speculation that Beijing will expand its ...
bloomberg.com/news/articles/2024-03-28/tech-leads-chinese-stocks-rally-in-hong-kong-ahead-of-holidays
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Opinion | Don’t Look Away From What’s Happening in Hong Kong: As Beijing cracks down, Hong Kongers are purging evidence of their lost liberties.
nytimes.com/2024/03/26/opinion/hong-kong-law-freedom.html
Wage-Cost Savings Cited as Main Reason to Automate in CFO Survey: Companies are adopting automation to replace labor as they seek to reduce costs ...
bloomberg.com/news/articles/2024-03-27/wage-cost-savings-cited-as-main-reason-to-automate-in-cfo-survey
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China's Xi tells U.S. CEOs that bilateral relations can have a 'brighter future': Chinese President Xi Jinping told U.S. executives that bilateral relations can ...
cnbc.com/2024/03/28/chinas-xi-tells-us-ceos-that-bilateral-relations-can-have-a-brighter-future.html
'I was almost disfigured!' Irene Wan's hair catches fire as she poses too close to candle
asiaone.com/entertainment/i-was-almost-disfigured-irene-wans-hair-catches-fire-she-poses-too-close-candle
China’s BRI Funding to SE Asia Falls Short by Over $50 Billion: China’s been able to deliver on only a little over a third of its infrastructure spending ...
bloomberg.com/news/articles/2024-03-27/china-s-bri-funding-to-se-asia-falls-short-by-over-50-billion
China’s Xi Jinping Meets With US Business Leaders: Xi emphasized the mutually beneficial economic ties between the two, despite heavy U.S ...
buff.ly/49cdRtO
Swiss Weigh Boosting VAT, Raising Contributions to Fund Pensions: Switzerland’s government is considering increasing mandatory contributions deducted from wages ...
bloomberg.com/news/articles/2024-03-27/swiss-weigh-boosting-vat-raising-contributions-to-fund-pensions
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Australian winemakers hail axing of Chinese tariffs, but warn it's no quick fix for struggling industry
abc.net.au/news/2024-03-29/australian-winemakers-react-to-end-to-china-wine-tariffs/103648234
Hong Kong’s MTR Corp tells public to expect longer travel times at border amid Easter break as 227,538 people head north
scmp.com/news/hong-kong/hong-kong-economy/article/3257203/hong-kongs-mtr-corp-tells-public-expect-longer-travel-times-amid-easter-break-227538-people-head
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In Beijing, Dutch PM raises cyberespionage with China's Xi: Dutch Prime Minister Mark Rutte said he had discussed an incident of cyberespionage the Netherlands ...
reuters.com/world/beijing-dutch-pm-raises-cyberespionage-with-chinas-xi-2024-03-27/
Mumbai overtakes Beijing to become Asia's billionaire capital for the first time: Mumbai has overtaken Beijing as the city with the most billionaires in Asia ...
cnbc.com/2024/03/27/mumbai-overtakes-beijing-to-become-asias-billionaire-capital-for-first-time.html
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