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Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
Boeing engineer says safety concerns are ignored inside plane maker: Whistleblower says he was told to ‘shut up’ after raising questions about 777 and 787 ...
ft.com/content/4cca756f-a9ad-486a-aa9f-af67b19071ec
Quick Glance: Boeing Whistleblower Calls for Grounding All 787 Dreamliners
- A whistleblower from Boeing is pressing for the grounding of all 787 Dreamliners currently in operation worldwide, as the long-haul aircraft could potentially 'fall apart' at the joints.
- Sam Salehpour, a quality engineer at Boeing, publicly expressed concerns about the Boeing 787 and 777 jets last week. In an exclusive TV interview with NBC Nightly News, Salehpour reiterated his allegations and called for all Dreamliners to be taken out of service and inspected for small gaps in the fuselage.
- He alleges that Boeing opted for cost-saving shortcuts and reduced assembly bottlenecks during the construction of the 787 and 777 jets. Salehpour warns that the fuselage sections of the 787 Dreamliner are improperly connected, with small gaps present at the joints.
- Following internal discussions with Boeing where he claimed aircraft safety was compromised, the engineer filed a formal whistleblower complaint with the Federal Aviation Administration (FAA) in January. Boeing, however, maintains confidence in the safety of the 787 Dreamliner, stating that the allegations 'are inaccurate and do not represent the comprehensive work Boeing has done to ensure the quality and long-term safety of the aircraft.'
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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SOFR Futures: Traders Pile Into Contrarian Bet of Aggressive Fed Easing: Traders in the interest-rate futures market are piling into a contrarian bet that would ...
bloomberg.com/news/articles/2024-04-17/traders-pile-into-contrarian-bet-that-fed-will-front-run-cuts
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It's a Wilder Stock Market Now. Don't Panic.: Investors should prepare for more stock market choppiness ahead amid the Iran-Israel conflict ...
on.barrons.com/3JomNl6
Quick Glance: S&P 500: Potential Downside Risk with Nasdaq 100 in Peril (Technical Analysis)
- The S&P 500 may be facing potential downside risk, with a deep decline possibly unfolding in stages, with the Nasdaq 100 potentially being the last to be affected.
- 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.
- As a risk manager, it is more important to assess the risks of different market segments and position accordingly, rather than speculate on market movements.
- 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.
Lindner Says Germany Should Avoid Copying US IRA as It Doesn’t Reduce Inflation: German Finance Minister Christian Lindner warned his coalition partners against ...
bloomberg.com/news/articles/2024-04-17/german-finance-chief-lectures-us-on-spending-at-washington-event
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Gold Is Rallying, Even as Retail Investors Shun It for Bitcoin: Individual investors have been busy putting money into relatively new spot Bitcoin ETFs ...
barrons.com/articles/gold-prices-bitcoin-etfs-71fc087a
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Senators Propose New Bill Banning Algorithmic Stablecoins: Two senators — one Republican, one Democrat — are proposing a measure to regulate stablecoins amid a ...
bloomberg.com/news/articles/2024-04-17/senators-tout-new-stablecoin-bill-as-broader-banking-deal-eyed
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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 ...
bloomberg.com/news/articles/2024-04-17/fed-s-beige-book-holds-clues-to-predicting-downturn-study-shows
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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
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Foreigner Investors Set to End Emerging Asia Stock-Buying Streak: Global funds are retreating from emerging markets in Asia, with a five-month buying spree of ...
bloomberg.com/news/articles/2024-04-17/foreigner-investors-set-to-end-emerging-asia-stock-buying-streak
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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 ...
bloomberg.com/news/articles/2024-04-16/big-us-banks-surprise-trading-haul-blunts-lending-income-slump
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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 ...
bloomberg.com/news/articles/2024-04-16/ecb-to-cut-more-this-year-and-next-after-june-villeroy-says
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US Two-Year Yield Climbs Past 5% to Highest Level Since November - Bloomberg: The US two-year yield rose past 5% to the highest level since November after ...
bloomberg.com/news/articles/2024-04-16/us-two-year-yield-climbs-past-5-to-highest-level-since-november
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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 ...
bloomberg.com/news/articles/2024-04-16/wto-chief-warns-of-free-for-all-under-trump-s-tariff-hike-plan
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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: Devastating Fire Strikes Copenhagen's Old Stock Exchange
- A blaze engulfed Copenhagen’s historic former stock exchange in Denmark’s capital on Tuesday, with the spire being consumed by flames and collapsing.
- 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.
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 ...
trib.al/ckNH2nm
IMF Steps Up Its Warning to US Over Ballooning Debt
bloomberg.com/news/articles/2024-04-16/imf-steps-up-its-warning-to-us-over-ballooning-debt
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Liechtenstein Is Joining the International Monetary Fund: Liechtenstein, the world’s second-richest country, is set to become the newest member of the ...
bloomberg.com/news/articles/2024-04-16/centuries-old-principality-set-to-become-imf-s-youngest-member
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JPY/USD: Brief Yen Surge Shows Traders Highly Sensitive to Japanese Intervention: The yen’s sudden surge in value Tuesday was the likely result of traders ...
bloomberg.com/news/articles/2024-04-16/brief-yen-surge-shows-traders-highly-sensitive-to-intervention
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Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
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Why the Stock Market Drop Is Far From Over: Stocks opened higher to start Monday’s session, bouncing back after earnings and geopolitical tensions weighed on the ...
barrons.com/articles/stock-market-today-down-earnings-e3eb426b
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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
Japan’s Finance Minister Warns on Yen Ahead of IMF-G7 Meetings: Japan’s finance minister warned that he’s ready to take all available measures in the foreign ...
bloomberg.com/news/articles/2024-04-16/japan-s-finance-minister-warns-on-yen-ahead-of-imf-g7-meetings
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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 ...
bloomberg.com/news/articles/2024-04-16/emerging-market-assets-sink-to-2024-low-amid-growth-rate-risks
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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
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 ...
bloomberg.com/news/articles/2024-04-16/scottish-power-to-pay-1-5-million-for-overcharging-customers
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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 ...
bloomberg.com/news/articles/2024-04-16/china-reports-surprisingly-strong-growth-driven-by-industry
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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 ...
bloomberg.com/news/articles/2024-04-16/yen-traders-brace-for-160-level-even-as-intervention-risks-rise
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Emerging Market FX Index Drops to 2024 Low After Iran’s Attack on Israel: The resurgent dollar cut a swath through global emerging-market currencies Tuesday ...
bloomberg.com/news/articles/2024-04-16/emerging-market-fx-index-drops-to-2024-low-after-iran-s-attack-on-israel
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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
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Guess what: Boeing can be spelled without G and E: Boeing’s problems are now as big as its 747 jumbo-jet. Years of dubious decisions have eroded much of the ...
reuters.com/breakingviews/guess-what-boeing-can-be-spelled-without-g-e-2024-04-17/
Stocks Look More Vulnerable in Asia Than Peers on Fed Re-Pricing: An out-sized selloff in Asian shares on Tuesday is underscoring concerns about the region’s ...
bloomberg.com/news/articles/2024-04-16/stocks-look-more-vulnerable-in-asia-than-peers-on-fed-re-pricing
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A Bond Rebound Is Coming. Where to Find Yields From 5% to 8%.: After a tough start to the year, bonds should start to perk up. Where to find yields from 5% to 8% ...
on.barrons.com/4aV6Dvh
China Home Prices Fall as Slump Shows Few Signs of Abating: China’s home prices continued to fall in March, adding pressure on authorities to step up efforts to ...
bloomberg.com/news/articles/2024-04-16/china-home-prices-fall-as-slump-shows-few-signs-of-abating
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Gold (XAUUSD) Steadies Near Record High With Haven Demand Fueling Rally: Gold steadied near a record high, after surging on Monday as Iran’s strike on Israel ...
bloomberg.com/news/articles/2024-04-16/gold-xauusd-steadies-near-record-high-with-haven-demand-fueling-rally
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Beyoncé and a New Class of ‘Hat Acts’ Are Helping Cowboy Core Ride Again: Cowboy culture is hot right now, thanks to artists as diverse as Beyonce and Tyler ...
rollingstone.com/music/music-features/cowboy-core-fashion-beyonce-1235004621/
Fiction has a special power to give us insight into our flaws: Losing yourself in a book, film or show provides a useful mirror for character – one that is hard ...
psyche.co/ideas/fiction-has-a-special-power-to-give-us-insight-into-our-flaws
Genome study reveals prehistoric Ethiopian origins of coffee: You might call it a cup of Joe, java, mud, brew, mocha, or your morning jolt ...
reuters.com/science/genome-study-reveals-prehistoric-ethiopian-origins-coffee-2024-04-16/
Want a four-day workweek? 30% of companies are considering it: A new report reveals that 30% of CEOs are exploring schedule shifts to retain employees and ...
simplemost.com/four-day-workweek-30-companies-are-considering-it/
Citadel's Ken Griffin files plans for 62-story office skyscraper in NYC: Griffin, who relocated his company's headquarters to Miami, has previously said remote ...
businessinsider.com/citadel-ken-griffin-plans-62-story-office-skyscraper-nyc-2024-4
Reinhold Messner is not a fan of summit crosses: VIENNA: "The summit cross is a late phenomenon and not part of our alpine culture," says mountaineering legend ...
nachrichten.at/sport/mehr_sport/reinhold-messner-ist-kein-fan-von-gipfelkreuzen;art109,3940263
Legalise abortions in first trimester, German commission says: Opposition parties accused the commission of political bias and threatened to challenge any ...
bbc.com/news/world-europe-68816693
Quick Glance: Arizona GOP outlines alternative abortion strategy
- Republican state legislators in Arizona are considering alternative ballot measures in response to a court ruling upholding a strict abortion ban.
- The GOP's strategy document plans to provide voters with alternatives to the Arizona for Abortion Access ballot measure.
- Republicans aim to constitutionalize existing laws to discuss abortion policy.
- The document outlines various scenarios, including 'Phase 1' and 'Phase 2' options for lawmakers.
Survey on the return to Frisian naming in SH: Soon Frisian naming will be possible again in Schleswig-Holstein. In our survey, we want to know what you think.
shz.de/deutschland-welt/schleswig-holstein/artikel/umfrage-zur-rueckkehr-zur-friesischen-namensgebung-in-sh-46828079
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Humble ISD's superintendent announced as finalist for Nevada job: Humble ISD’s leader was announced as finalist for a Nevada position amid spouse's Title IX ...
houstonchronicle.com/news/houston-texas/education/article/humble-isd-superintendent-nevada-job-19405786.php
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 ...
bloomberg.com/news/articles/2024-04-15/t-rowe-price-says-yen-is-at-risk-of-falling-10-against-dollar
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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 ...
bloomberg.com/news/articles/2024-04-15/us-retail-sales-exceed-forecast-and-prior-month-revised-higher
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Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
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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 ...
bloomberg.com/news/articles/2024-04-14/gold-xauusd-jumps-after-iran-strike-against-israel-stokes-haven-demand
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Quick Glance: Israel artist calls for Gaza ceasefire
- The representative of Israel at the international art fair is calling for an immediate ceasefire in Israel’s war on Gaza.
- Ruth Patir’s video installation called (M)otherland was scheduled to open on Saturday at Israel’s national pavilion at the international art show but will remain closed for now.
- Patir stated on her website that the artist and curators are showing solidarity with the families of the hostages and the large community in Israel calling for change, rather than canceling themselves or the exhibition.
- It is believed that there are still individuals in Gaza, including 129 captives taken during the attacks led by Hamas on Israel on October 7, with 34 of them presumed dead.
Hedge Fund Founder Sanjay Shah on Trial in UK Over £1.4 Billion Tax Scam: Hedge fund founder Sanjay Shah was accused of being the mastermind behind a ...
bloomberg.com/news/articles/2024-04-15/hedge-fund-founder-sanjay-shah-on-trial-in-uk-over-1-4-billion-tax-scam
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Options Buying Gains Steam Across Markets as Traders Seek Cover: Volatility is perking up across markets as investors seek protection amid concern that the ...
bloomberg.com/news/articles/2024-04-15/options-buying-gains-steam-across-markets-as-traders-seek-cover
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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% — ...
bloomberg.com/news/articles/2024-04-15/treasury-yields-reach-new-2024-highs-after-march-retail-sales
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US Regional Banks Dramatically Step Up Loans to Oil and Gas: A group of US regional banks is ratcheting up lending to oil, gas and coal clients ...
bloomberg.com/news/articles/2024-04-14/us-regional-banks-dramatically-step-up-loans-to-oil-and-gas
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Supply Chain Latest: The Economic Costs of Protectionism: The economists are fighting back.
bloomberg.com/news/newsletters/2024-04-15/supply-chain-latest-the-economic-costs-of-protectionism
Vingroup Gets Nod to Roll Over Half of $625 Million Debt: Bondholders of Vingroup JSC, a major Vietnamese conglomerate whose main businesses include property and ...
bloomberg.com/news/articles/2024-04-15/vingroup-bondholders-nod-to-roll-over-half-of-625-million-debt
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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
US Homebuilder Sentiment Stalls as Buyers Wait for Rates to Drop: US homebuilder sentiment leveled off this month after a recent surge as would-be home buyers ...
bloomberg.com/news/articles/2024-04-15/us-homebuilder-sentiment-stalls-as-buyers-wait-for-rates-to-drop
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India Predicts Above-Normal Monsoon in Boost to Economic Growth: India forecast an above-normal monsoon this year, raising optimism that bountiful rains will ...
bloomberg.com/news/articles/2024-04-15/india-predicts-above-normal-monsoon-in-boost-to-economic-growth
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America's national debt: The US is acting recklessly - and is hardly being punished
nzz.ch/meinung/an-amerikas-staatsschulden-kommt-kein-anleger-vorbei-privileg-nutzt-washington-schamlos-aus-ld.1825386
Gold Prices at a Record High Are Keeping Pawn Shops Busy: Record prices pushing toward $2,500 an ounce are proving hard to resist
bloomberg.com/news/articles/2024-04-14/gold-prices-at-a-record-high-are-keeping-pawn-shops-busy
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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
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Commodity Markets: High Gold, Oil, Copper Prices Will Remain Problem for Fed: A new commodities boom is complicating central bankers’ anti-inflation efforts and ...
bloomberg.com/news/articles/2024-04-15/commodity-markets-high-gold-oil-copper-prices-will-remain-problem-for-fed
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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 ...
bloomberg.com/news/articles/2024-04-07/the-gold-market-hunts-for-answers-behind-bullion-s-sudden-surge
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Philosophical theories are like good stories: Margaret Macdonald | Aeon Essays: For Margaret Macdonald, philosophical theories are akin to stories ...
aeon.co/essays/philosophical-theories-are-like-good-stories-margaret-macdonald
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
City Residents Love Central Business Districts for Dining, Shopping and Work: From New York to Mumbai, a new survey finds city residents love their downtowns for ...
bloomberg.com/news/articles/2024-04-15/city-residents-love-central-business-districts-for-dining-shopping-and-work
Waymo, Cruise and Zoox Inch Forward Ahead of Tesla Joining Robotaxi Race: Robotaxi companies had an active week, expanding coverage and services while the world ...
bloomberg.com/news/newsletters/2024-04-15/waymo-cruise-and-zoox-inch-forward-ahead-of-tesla-joining-robotaxi-race
Distressed Korean Builder Taeyoung to Reveal Reform Proposal: Creditors of South Korea’s Taeyoung Engineering & Construction Co. will soon be able to learn ...
bloomberg.com/news/articles/2024-04-15/distressed-korean-builder-taeyoung-to-reveal-reform-proposal
India Stocks to Beat China, Japan Equities Despite High Price: Chinese stocks will underperform despite low valuations, survey respondents say
bloomberg.com/news/articles/2024-04-15/india-stocks-to-beat-china-japan-equities-despite-high-price
Cocoa Notches Another Record as West African Supply Woes Persist: Cocoa futures rose to a fresh record in New York, with little relief in sight for strained ...
bloomberg.com/news/articles/2024-04-15/cocoa-notches-another-record-as-west-african-supply-woes-persist
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Battered Treasury Bond Traders Adopt Show-Me Attitude to Avoid More Hits: Bond investors who were torched yet again by robust economic data now want clear and ...
bloomberg.com/news/articles/2024-04-14/battered-treasury-bond-traders-adopt-show-me-attitude-to-avoid-more-hits
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Ancient New Year celebration caps long Eid holidays in Bangladesh: DHAKA: Thousands of Bangladeshis crowded the streets of Dhaka on Sunday to welcome the Bengali ...
arabnews.com/node/2492921/world
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 ...
bloomberg.com/news/articles/2024-04-10/mckinsey-begins-hundreds-of-job-cuts-with-client-demand-muted
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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
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Iran’s Attacks on Israel Raise Fears of a Wider War: Israel and the U.S. intercepted much of the attack, but the prospect for escalation is high, analysts say.
barrons.com/articles/iran-israel-oil-fed-nuclear-9e436e95
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Large Fund Bets Big on Groceries in the Face of Persistent Inflation: Alaska Permanent, the largest U.S. state wealth fund, just tripled investments in Walmart ...
barrons.com/articles/groceries-inflation-walmart-kroger-ford-aa705f60
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Kuwait ranks seventh in crude oil exporting countries: KUWAIT CITY, April 13: Crude oil is indeed a cornerstone of the global economy, serving as a vital raw ...
arabtimesonline.com/news/kuwait-ranks-seventh-in-crude-oil-exporting-countries/
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
bloomberg.com/news/newsletters/2024-04-13/summers-warns-about-avoiding-a-large-and-egregious-error-in-monetary-policy
What Sets Godiva Chocolate Prices? Cocoa Shortage Drives Costs Up: The price of a box of Godiva chocolates will rise due to surging cocoa costs.
bloomberg.com/news/articles/2024-04-10/godiva-chocolate-prices-are-going-up-due-to-soaring-cocoa-cost
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