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Yellen dismisses minting $1 trillion platinum coin to avoid financial crisis: Treasury Sec. Janet Yellen isn't quite on board with minting a coin to save the US ...
businessinsider.com/will-the-us-mint-platinum-coin-yellen-dismisses-debt-ceiling-2023-1
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Yellen dismisses minting $1 trillion platinum coin to avoid financial crisis: Treasury Sec. Janet Yellen isn't quite on board with minting a coin to save the US ...
businessinsider.com/will-the-us-mint-platinum-coin-yellen-dismisses-debt-ceiling-2023-1
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Cathie Wood Buys Tesla Stock. She May Be the Only One Who Doesn’t Hate the Shares Right Now.
barrons.com/articles/tesla-stock-cathie-wood-6b3387b8
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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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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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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
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
Panasonic Just Sold an Auto Business. It Wasn’t the EV Batteries.: Japanese electronics giant Panasonic sold its automotive business to private equity player ...
on.barrons.com/4cv935H
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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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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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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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
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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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
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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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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Yellen Asked to Probe Security Issues in Ammunition Maker’s Sale: Representative Clay Higgins, a member of the House Homeland Security Committee ...
bloomberg.com/news/articles/2024-03-28/yellen-asked-to-probe-security-issues-in-ammunition-maker-s-sale
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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
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.
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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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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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
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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Baltimore Bridge Collapse: Yellen Sees Insurance Payouts Helping Fund Rebuild: Treasury Secretary Janet Yellen said she expects insurers’ payouts to help cover ...
bloomberg.com/news/articles/2024-03-27/yellen-sees-insurance-payout-helping-fund-new-baltimore-bridge
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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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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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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
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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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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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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Casagrande: Grant Nelson’s Alabama new folk hero in Sweet 16 blue blood slaying: Grant Nelson put Alabama on his back and upset North Carolina in the Sweet 16 of ...
al.com/alabamabasketball/2024/03/casagrande-grant-nelsons-alabama-new-folk-hero-in-sweet-16-blue-blood-slaying.html
Lok Sabha polls 2024: District poll panels fix varied menu, ceiling for poll expenditure
deccanherald.com/elections/india/lok-sabha-polls-2024-district-poll-panels-fix-varied-menu-ceiling-for-poll-expenditure-2957384
Cameron Hunter fell through ceiling after hiding from police: A burglar who fell through a ceiling into a room where police were waiting has been jailed ...
yorkpress.co.uk/news/24215762.cameron-hunter-dislocated-policemans-kneecap-scarborough/
Red Sox AMA: Fan questions answered ahead of Opening Day: Globe sports reporter Alex Speier answered questions about the current state of the Red Sox in a Reddit ...
bostonglobe.com/2024/03/28/sports/red-sox-opening-day-ama/
AWOL’s Latest Projector (and Its Price) Are Borderline Blinding: The AWOL LTV-3500 Pro is one of the brightest, most powerful projectors we've ever tested ...
wired.com/review/awol-ltv-3500-pro/
VCU hoops season, NIT run end on dissonant note with loss to hot-shooting Utah: Perhaps the end was fitting for a 2023-24 VCU hoops team that has shown a high ...
dailyprogress.com/sports/college/basketball/men/vcu-mens-basketball-rams-ryan-odom-nit-utah-utes-sean-bairstow/article_2692780d-7e21-550e-9f6b-246cb17696e6.html
HBR IdeaCast: Why the Glass Cliff Persists on Apple Podcasts: It's been nearly two decades since the term "glass cliff" was coined; it refers to the ...
podcasts.apple.com/us/podcast/why-the-glass-cliff-persists/id152022135
NIO, BYD and Co. without a chance on the US market: US Treasury Secretary Yellen confirms support for Tesla and Co.
finanzen.net/nachricht/aktien/haltung-bekraeftigt-wettbewerb-bei-e-autos-us-regierung-will-erfolg-von-heimischen-autobauern-wie-tesla-sicherstellen-13371105
Too many e-cars and solar panels produced: China could push down prices globally: US Treasury Secretary Janet Yellen has warned that China could jeopardize the ...
t3n.de/news/e-autos-solarpanels-china-preise-dumping-1616279/
Landlord refuses to fix floor-to-ceiling mould - then orders resident to leave: Glen Petch and all his neighbours have been told to vacate their houses after the ...
cheshire-live.co.uk/news/chester-cheshire-news/landlord-refuses-fix-floor-ceiling-28898944
Yellen says China's green energy industry is distorting global prices: Treasury Secretary's remarks come before her expected second visit to Beijing
thenationalnews.com/world/us-news/2024/03/27/yellen-says-chinas-green-energy-industry-is-distorting-global-prices/
Corrosion of ceiling causes pool and sauna to close over Easter: The problem was found following a routine building inspection
mylondon.news/news/north-london-news/corrosion-ceiling-causes-harrow-pool-28895480
Yellen Sounds Alarm on China ‘Global Domination’ Industrial Push: US Treasury Secretary Janet Yellen slammed China’s use of subsidies to give its manufacturers ...
bloomberg.com/news/articles/2024-03-27/yellen-sounds-alarm-on-china-roiling-world-with-industry-ramp-up
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Quick Glance: US Seeks Constructive Talks with China on the Negative Impact of Flooding Markets with Cheap Goods
- US Treasury Secretary Janet Yellen plans to warn China about the negative effects of Beijing's subsidies for clean energy industries.
- Yellen visited a solar cell manufacturing plant in Georgia that closed due to competition from cheaper, subsidized panels from China but is now reopening due to anticipated demand.
- She will inform China about the overproduction of solar panels, EVs, and lithium-ion batteries and press for necessary actions to address this issue.
- The US is utilizing tax incentives for clean energy to attract investments that can build viable EV and alternative energy sectors independent of China.
Japan Really Wants to Build Airplanes, $33 Billion Project Shows: Japan’s trade ministry wants to get the country’s aviation ambitions back up in the air.
bloomberg.com/news/articles/2024-03-27/japan-really-wants-to-build-airplanes-33-billion-project-shows
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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
ECB Has Room to Cut Swiftly Despite Wage Rebound, Cipollone Says: The European Central Bank may be able to lower interest rates “swiftly” even as workers receive ...
bloomberg.com/news/articles/2024-03-27/ecb-has-room-to-cut-swiftly-despite-wage-rebound-cipollone-says
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Emerging Markets Fall With Caution on US Inflation, Yuan Policy: Emerging market stocks and currencies fell on uncertainty over the pace of Federal Reserve rate ...
bloomberg.com/news/articles/2024-03-27/emerging-markets-fall-with-caution-on-us-inflation-yuan-policy
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Bond Managers Unwind Bullish Futures Bets to Lowest Since July: Asset managers kept unwinding bullish Treasury futures bets ahead of the Federal Reserve’s most ...
bloomberg.com/news/articles/2024-03-26/bond-managers-unwind-bullish-futures-bets-to-lowest-since-july
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Junk Bond Sales in Sterling Surge at Fastest Pace Since 2021: Junk bond sales in sterling have climbed to the highest in years as signs of a UK economic rebound ...
bloomberg.com/news/articles/2024-03-27/junk-bond-sales-in-sterling-surge-at-fastest-pace-since-2021
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Chinese Stocks Erase March Gains as Policy-Driven Rally Falters: Chinese stocks erased their gains for March as earnings disappointments eroded optimism around a ...
bloomberg.com/news/articles/2024-03-27/chinese-stocks-erase-march-gains-as-policy-driven-rally-falters
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Rising Minimum Wage Risks Stoking Inflation, Says CBI Chief: More companies than ever are worried about the consequences of Britain’s rising minimum wage ...
bloomberg.com/news/articles/2024-03-27/rising-minimum-wage-risks-stoking-inflation-says-cbi-chief
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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
Banks' Massive Debt Splurge Brings Its Own Looming Dangers: Covered bonds have been a favorite way for lenders to get money as they repay giant Covid loans ...
bloomberg.com/news/articles/2024-03-27/banks-massive-debt-splurge-brings-its-own-looming-dangers
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Fed’s Operating Losses Swelled to Record $114.3 Billion in 2023: The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion ...
bloomberg.com/news/articles/2024-03-26/fed-s-operating-losses-swelled-to-record-114-3-billion-in-2023
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Aluminum Falls as Metals Rally Runs Ahead of Demand Recovery: Aluminum fell with other industrial metals, as the recent rally in prices runs into a lack of ...
bloomberg.com/news/articles/2024-03-27/aluminum-falls-as-metals-rally-runs-ahead-of-demand-recovery
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China 'Very Close' to Ending Australia Wine Tariffs, Business Lobby Chief Says
bloomberg.com/news/articles/2024-03-27/china-close-to-ending-australia-wine-tariff-business-chief-says
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China’s EV Exports to EU Slump at Start of Year Amid Probe: China’s exports of electric vehicles to European Union countries dropped by nearly a fifth during the ...
bloomberg.com/news/articles/2024-03-26/china-s-ev-exports-to-eu-slump-at-start-of-year-amid-probe
S&P Lowers Outlook on Five Regional Banks, Citing Commercial Property Exposure: Some US regional lenders could see their asset quality and performance hurt by ...
bloomberg.com/news/articles/2024-03-26/us-regional-banks-challenged-by-commercial-property-s-p-says
Billionaire Brothers to Join Brazil Meat Firm JBS Board After Corruption Scandal: Brazilian billionaire brothers Joesley and Wesley Batista were named to the ...
bloomberg.com/news/articles/2024-03-27/jbs-says-batista-brothers-are-set-to-return-to-meat-empire-board
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Americans Are Flocking to Convenience Stores: Wawa, Casey’s, 7-Eleven, and more: With fresh food and fancy drinks, it’s a golden age for c-stores and their ...
barrons.com/articles/wawa-caseys-7-eleven-convenience-stores-retail-stocks-be0b89e2
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How Baltimore Key Bridge Collapse Will Impact the Supply Chain: To readers of the Economics Daily, Evening Briefing, 5 Things to Know and Surveillance ...
bloomberg.com/news/newsletters/2024-03-26/how-baltimore-key-bridge-collapse-will-impact-the-supply-chain
Tsingshan Unit Plans Indonesia Battery Plant to Move Up Commodity Supply Chain: The battery unit of Tsingshan Holding Group Co., the world’s top nickel producer ...
bloomberg.com/news/articles/2024-03-26/tsingshan-unit-plans-indonesian-battery-plant-as-trade-frictions-mount
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SEC Insider-Trading Trial Targets Executive's Trades of Rival’s Stock: A lawyer for the US Securities and Exchange Commission told a jury that a former ...
bloomberg.com/news/articles/2024-03-26/sec-insider-trading-trial-targets-exec-who-bought-rival-s-stock
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