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US to grow at double the rate of G7 peers this year, says IMF: Fund also upgrades inflation forecasts as strong demand and tight labour market delay possible Fed ...
ft.com/content/3b819571-662d-4185-9ca5-c7e682b55700
Quick Glance: IMF upgrades global growth forecast despite risks
- The International Monetary Fund slightly raised its global growth forecast on Tuesday, noting that the economy had proven 'surprisingly resilient' despite inflationary pressures and monetary policy shifts.
- IMF's chief economist, Pierre-Olivier Gourinchas, indicated that the global economy is heading for a 'soft landing,' with risks to the outlook now broadly balanced.
- While advanced economies are expected to lead the growth, dim prospects in China and other major emerging markets could impact global trade partners, according to the report.
- Despite Tuesday's brighter outlook, global growth remains low compared to historical standards, partly due to weak productivity growth and increasing geopolitical fragmentation.
Brazil seeks to weaken fiscal targets it set only a year ago: Leftist administration of Luiz Inácio Lula da Silva wants greater flexibility on budget surplus ...
ft.com/content/14e6a4d4-8be7-46cf-bb51-8445b0e85dc1
Quick Glance: Brazil Moves to Relax Fiscal Targets Set a Year Ago
- The leftist administration of Luiz Inácio Lula da Silva wants more flexibility on budget surplus goals
- Brazilian President Luiz Inácio Lula da Silva’s government is seeking to loosen its own budget targets as investor concerns rise about the risk of fiscal slippage in Latin America’s largest economy
- Ministers intend to balance the budget next year, replacing the previous goal for income to exceed outgoings by 0.5 per cent of gross domestic product
- Analysts warn that the current deficit targets are unrealistic and likely to be tweaked, prompting investors to express concerns about Brazil’s economic approach under Lula
UK inflation falls as crumpet and meat prices drop: New official figures show that inflation, the rate at which prices rise over time, fell again in March.
bbc.com/news/business-68833077
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.
- Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
House passes bill banning Uncle Sam from snooping on citizens via data brokers: Vote met strong opposition from Biden's office
theregister.com/2024/04/18/congress_data_broker_surveillance/
US deficit poses ‘significant risks’ to global economy, warns IMF: Fund also cites concerns over fiscal ‘imbalances’ in UK, China and Italy
ft.com/content/0d098011-0ff5-4125-8cbb-5a5b281c9bd0
Quick Glance: IMF Warns of Fiscal Deficits in US and China
- The IMF has warned the US that its massive fiscal deficits have stoked inflation and pose “significant risks” for the global economy.
- Concerns were also raised about Chinese government debt, with the country projected to have a deficit of 7.6 per cent in 2025, more than double the average for other emerging markets.
- In addition to the US and China, the fund named two more countries that “critically need to take policy action to address fundamental imbalances between spending and revenues”.
- The IMF noted that “large and sudden increases” in US borrowing costs typically lead to surges in government bond yields globally and exchange rate turbulence in emerging markets and developing economies.
Pelosi memoir ‘The Art of Power’ planned for August release: A new memoir penned by former Speaker Nancy Pelosi (D-Calif.) will be available later this year ...
thehill.com/blogs/in-the-know/4602454-pelosi-memoir-the-art-of-power-planned-for-august-release/
Bag of Rice Still Selling for Up to N84,000 in Lagos: To verify if a bag of rice indeed sells for N60,000, FIJ took to two food markets in Lagos to ask the ...
fij.ng/article/bag-of-rice-still-selling-for-up-to-n84000-in-lagos/
Jay Powell says US inflation ‘taking longer than expected’ to hit target: Comments from Federal Reserve chair come amid mounting doubts about pace of interest ...
ft.com/content/3d0ddbe1-4637-4262-ba40-934015606166
Resurgent inflation looms over Joe Biden’s White House bid: Consumer prices are rising quickly at just the wrong time for the US president
ft.com/content/d8520a33-f202-4679-b6f7-99fe9e4fb3ae
TikTok Bill to Be Bundled With Aid to Ukraine and Israel, House Speaker Indicates
nytimes.com/2024/04/17/technology/tiktok-ban-ukraine-israel-aid.html
Quick Glance: ByteDance Given 24 Hours to Provide DSA Risk Assessment for TikTok Lite
- The EU demands TikTok owner ByteDance to submit a risk assessment for TikTok Lite within 24 hours to address compliance questions related to the Digital Services Act.
- EU's concerns focus on the launch of TikTok Lite, especially on a reward-linked engagement feature that could have a negative impact on young people's mental health.
- The EU has requested TikTok to provide more information on the risk assessment of the new program and the measures to mitigate systemic risks.
- The company has until April 26 to provide additional information before the EU decides on potential further steps, such as a formal investigation.
Second US House Republican calls for Speaker Johnson to leave top job
reuters.com/world/us/second-us-house-republican-calls-speaker-johnson-leave-top-job-2024-04-16/
Quick Glance: Biden's Backing of House Aid Package for Israel and Ukraine
- President Joe Biden endorses an aid package for Ukraine, Israel, and Taiwan.
- Crucial bipartisan support emerges for the approval of $95 billion in funding for U.S. allies.
- The package includes economic assistance for Kyiv in the form of forgivable loans and enhanced monitoring of military funds.
- Democrats and progressives oppose aspects of the package, while some Republicans reject House Speaker Mike Johnson.
Is Japan finally becoming a ‘normal’ economy? : Prices are rising, workers are demanding higher pay and the stock market is booming. But the country still has to ...
ft.com/content/88174b91-27d6-4936-ba5c-62c831b0a1c7
Quick Glance: Record Audience at NCAA Women's Championship
- South Carolina's victory over Caitlin Clark and Iowa in Sunday's women's NCAA championship game garnered a preliminary average viewership of 18.7 million on ABC and ESPN.
- Nielsen's final numbers on Tuesday may reveal an increase in viewership.
- It marks the most-watched basketball game since 2019, when the men's NCAA title game between Virginia and Texas Tech averaged 19.6 million viewers on CBS.
- The women's final also recorded the highest viewership for a Sunday afternoon sporting event on ESPN and ABC since early 2021.
Inflation rate falls to lowest level in three years in Thuringia: Prices for food and non-alcoholic beverages fell by an average of 0.7 percent compared to the ...
thueringer-allgemeine.de/wirtschaft/article242050862/Inflationsrate-sinkt-in-Thueringen-auf-niedrigsten-Stand-seit-drei-Jahren.html
Cash: Germans' assets at record value - Daily money is also popular: The Germans have more money in their pockets again. The reason for this is higher interest ...
t-online.de/finanzen/aktuelles/id_100388504/bargeld-vermoegen-der-deutschen-auf-rekordwert-auch-tagesgeld-beliebt.html
Quick Glance: Record: Germans Hold 7716 Billion Euros in Wealth
- German private individuals hold a net wealth of 7716 billion euros.
- Stocks and investment funds saw significant gains in the last quarter.
- Cash and bank deposits remain the largest component of wealth.
- Household net wealth increases by 244 billion euros to 5560 billion euros.
US Congress moves ahead on bill to push TikTok's Chinese owner to sell: An effort to force TikTok's Chinese owner, ByteDance, to sell the social media app or ...
reuters.com/world/us/us-congress-moves-ahead-bill-push-tiktoks-chinese-owner-sell-2024-04-18/
Live updates: Senate rejects impeachment articles against DHS Secretary Mayorkas: Get live updates and the latest news as the Senate begins its trial on ...
nbcnews.com/politics/congress/live-blog/senators-begin-dhs-secretary-mayorkas-impeachment-trial-live-updates-rcna147038
Quick Glance: Senate's Decision on Impeachment Charges Against Mayorkas
- The Senate rejected the impeachment charges against Homeland Security Secretary Alejandro Mayorkas, halting the House Republicans' effort to impeach the Cabinet secretary over his management of the US-Mexico border.
- With Democrats contending that the articles were unconstitutional, senators voted to dismiss both impeachment charges and conclude the trial.
- Senate Republicans had called for a full impeachment trial after the House narrowly voted in February to impeach Mayorkas for his border actions.
- Republicans argued that President Joe Biden was ineffective at the border, while Democrats suggested accepting a bipartisan Senate compromise instead of impeaching Mayorkas to reduce illegal immigrants.
Trump Loyalists Kill Vote on US Wiretap Program: An attempt to reauthorize Section 702, the so-called crown jewel of US spy powers, failed for a third time in ...
wired.com/story/section-702-vote-fails-trump-fisa/
Israel-Gaza war: Nancy Pelosi calls for a stop to US arms sales to Israel: She is one of the most influential US Democrats: Nancy Pelosi, along with dozens of ...
spiegel.de/ausland/israel-gaza-krieg-nancy-pelosi-fordert-stopp-der-us-waffenlieferungen-an-israel-a-c787b438-12e6-4b8e-baac-bc5ca2134ff1
Biden's new take on inflation: Trump would be worse: Biden's team knows there's not a lot it can do to lower it before the Nov. 5 election.
axios.com/2024/04/13/biden-trump-inflation-worse-tariffs
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
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
Food inflation across rich nations drops to pre-Ukraine war levels: Annual change in prices across 38 industrialised countries eased to 5.3% in February ...
ft.com/content/f51368f0-c157-451d-a231-b944fbe7e7a0
Quick Glance: Decline in Food Prices in Industrialized Countries
- Annual change in prices across 38 industrialized countries eased to 5.3% in February, according to the latest OECD data.
- Food inflation across rich nations has dropped to its lowest level since before Russia’s full-scale invasion of Ukraine, alleviating pressure on households affected by cost increases.
- The OECD is expected to address food prices as part of its comprehensive inflation update.
- The decrease in food price inflation was widespread in industrialized countries in February, with the latest OECD reading halved or almost halved from recent peaks.
US and India stoke hopes of global growth in 2024 : FT-Brookings Tiger index shows ‘positive omens’ for modest pick-up compared with last year
ft.com/content/7d1199bb-8283-49c3-801e-249938bcbae8
China's government is helping fuel the U.S. fentanyl crisis, House panel reveals
axios.com/2024/04/16/china-fentanyl-crisis-us-house-investigation
Quick Glance: China's Subsidization of Fentanyl Production Intensifying Crisis in the U.S.
- A report from a special House committee states that China is fueling the Fentanyl crisis in the U.S. directly by subsidizing the manufacturing of materials used by traffickers outside the country to produce the drug.
- The committee found that the Chinese government provides tax rebates for the production of specific Fentanyl precursors and other synthetic drugs as long as they are sold outside of China.
- The report highlights that China not only subsidizes the manufacturing of precursor chemicals but also thwarts investigations into illegal manufacturers by warning the targets when formal requests for assistance are made by U.S. law enforcement.
- Former Attorney General William Barr recommended that the U.S. should leverage its trade and economic power to push for stronger enforcement from Chinese authorities, and victims should take civil actions against companies and individuals involved in distributing the precursors and synthetic drugs.
Consumer Prices Rose 3.5% in March From Year Earlier: Annual inflation ticked up and underlying price pressures remained strong last month. .
on.wsj.com/3VVaIeY
Pelosi on Trump abortion statement: ‘He either is stupid, or he thinks the rest of us are’
thehill.com/homenews/campaign/4582818-pelosi-on-trump-abortion-statement-he-either-is-stupid-or-he-thinks-the-rest-of-us-are/
Inflation : les nouvelles données sont un bon signal pour les consommateurs: Plus que 2,2 % ! Selon une première estimation, l'inflation a de nouveau ...
focus.de/finanzen/news/gespenst-der-inflation-verliert-an-schrecken-endlich-erloesung-neue-inflationsdaten-sind-ein-gutes-signal-fuer-verbraucher_id_259817068.html
Quick Glance: Inflation down in German states, signaling national decline
- Inflation fell in six economically essential German states in March, indicating that national inflation will continue its downward trend.
- Economists will closely monitor national inflation data as Germany releases its figures a day before the Eurozone inflation data on Wednesday.
- German companies expected the lowest prices in three years in March, with forecasts of inflation falling below the European Central Bank's target in the upcoming months.
- An increasing number of ECB policymakers have backed rate cuts, with a June meeting appearing as the most probable time for action, although a meeting is also scheduled for this month.
WSJ: Denying weapons to Israel in the middle of a war is betrayal: "Denying weapons to an ally in the middle of a war is the definition of betrayal ...
jpost.com/breaking-news/article-796195
Small business optimism hits lowest level since 2012: NFIB: The NFIB's Small Business Optimism Index slid in March to its lowest level since December 2012 amid ...
foxbusiness.com/economy/small-business-optimism-hits-lowest-level-since-2012-nfib
US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
apnews.com/article/jobs-hiring-unemployment-economy-inflation-federal-reserve-1e456b8df0e11b218ed50f1ead6f6797
Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
If Trump wins, he plans to free Wall Street from 'burdensome regulations': A second Trump White House would seek to sharply reduce the power of U.S ...
reuters.com/markets/us/if-trump-wins-he-plans-free-wall-street-burdensome-regulations-2024-04-12/
Hugely expanded Section 702 surveillance powers set for US Senate vote: Opponents warn almost anyone could be asked to share info with Uncle Sam
theregister.com/2024/04/17/fisa_section_702/
If the Reserve Bank were a football coach, it would have been sacked eons ago: The bank’s job is to hold inflation between 2 and 3 per cent. Since mid-2014 ...
smh.com.au/politics/federal/if-the-reserve-bank-were-a-football-coach-it-would-have-been-sacked-eons-ago-20240418-p5fkv9.html
WATCH: Trump gives support to embattled Speaker Mike Johnson at pivotal Mar-a-Lago meet
pbs.org/newshour/politics/watch-trump-gives-support-to-embattled-speaker-mike-johnson-at-pivotal-mar-a-lago-meet
Quick Glance: Focus on Support for Israel and Ukraine by Mike Johnson
- House Speaker Mike Johnson is heavily advocating for support for Israel and Ukraine while trying to push a national security package through the House.
- Johnson faces the challenge of juggling the Republican Party's divided support for Kyiv's defense while feeling the pressure to pass a comprehensive aid package for U.S. allies.
- In his quest to find ways to promote funding for Ukraine, Johnson is engaging in discussions with the White House and former president Donald Trump. The divisive dynamic within the party and the urgency of the situation in Ukraine present a significant challenge for Johnson.
- Johnson must craft a package that includes some policy wins for Republicans while also gaining Democratic approval. Despite concerns from some progressive Democrats regarding support for Israel, most Democratic lawmakers have rallied behind the Senate-passed package.
Secret Rift Over Data Center Fueled Push to Expand FISA Surveillance Program: Privacy advocates are raising alarms about a mysterious provision the House added ...
nytimes.com/2024/04/16/us/fisa-surveillance-bill-program.html
Nancy Pelosi joins call to halt U.S. weapons transfers to Israel: The letter is a response to the Israeli strike that killed seven World Central Kitchen staffers ...
axios.com/2024/04/05/pelosi-call-halt-us-weapons-transfers-israel
Biden to survey collapsed Baltimore bridge, meet families of workers who died: President Joe Biden took an aerial tour on Friday of the collapsed Baltimore ...
reuters.com/world/us/biden-survey-collapsed-baltimore-bridge-meet-families-workers-who-died-2024-04-05/
Quick Glance: Successful Recovery of Missing Construction Worker After Key Bridge Collapse
- Authorities announced the successful recovery of a construction worker who had been missing following the collapse of the Francis Scott Key Bridge on Friday.
- The worker identified as Maynor Yasir Suazo-Sandoval was 38 years old and recognized by the Unified Command.
- Three workers are still missing and presumed deceased, including Miguel Luna, a father of five from Usulutan, California, in El Salvador, as reported by his family to ABC News.
- Mayor Brandon Scott of Baltimore expressed that the retrieval of the third victim "moves us one step closer to closure," while emphasizing that he continues to stand with families awaiting news of their loved ones.
40 Democratic Lawmakers, Including Pelosi, Urge Biden to Halt Arms Transfers to Israel
democracynow.org/2024/4/8/headlines/40_democratic_lawmakers_including_pelosi_urge_biden_to_halt_arms_transfers_to_israel
Xi Jinping says China’s exports are helping ease global inflation: Chinese president warns German Chancellor Olaf Scholz against ‘rise of protectionism’
ft.com/content/7cc89622-66a7-4b1c-9b2e-138f121a4731
Pelosi joins call by 37 Democrats for Biden to halt transfer of US weapons to Israel
timesofisrael.com/pelosi-joins-call-by-37-democrats-for-biden-to-halt-transfer-of-us-weapons-to-israel/
Quick Glance: Israel’s Military Recovers Hostage's Body in Gaza Amid Cease-Fire Talks
- Israel's military found the body of a 47-year-old farmer held hostage in Gaza.
- The discovery renewed pressure on Israel's government to secure the release of hostages.
- The U.N. warned of an imminent shameful famine in Gaza.
- The destruction of hospitals in Gaza has severely impacted the health system.
Jamie Dimon warns rates could stay high as market mood shifts: JPMorgan chief says inflation could be ‘stickier’ than markets expect in annual letter to ...
ft.com/content/9c3b136c-79c0-4347-9cc9-b90e5489a85f
Quick Glance: Jamie Dimon warns of potentially prolonged high rates
- JPMorgan chief Jamie Dimon warns in his annual letter to investors of potentially prolonged higher inflation and interest rates due to high government spending.
- Dimon mentioned that the economy is being fueled by government deficit spending and past stimuli, which could lead to potentially stickier inflation and higher rates.
- Financial markets have significantly reduced their expectations for the number of expected rate cuts by the US Federal Reserve, with only two quarter-point cuts planned in 2024.
- Dimon also warns of the risks of the private credit market boom and emphasizes that regulations may increasingly focus on this market, warning of geopolitical risks due to events like Russia's invasion of Ukraine.
Biden urges House to pass military aid package for Israel, Ukraine in WSJ op-ed: The U.S. president noted that both Ukraine and Israel are 'under attack by ...
haaretz.com/us-news/2024-04-17/ty-article/biden-urges-congress-to-pass-military-aid-package-for-israel-ukraine-in-wsj-op-ed/0000018e-ec85-dd51-a79e-fe958e990000
Basic tax-free allowance: 244,000 pensioners do not have to pay taxes: The basic tax-free allowance was increased at the turn of the year to compensate for ...
zdf.de/nachrichten/wirtschaft/rentner-deutschland-steuern-grundfreibetrag-100.html
Business defaults soar as Australian house prices outpace the globe: Australian house prices are out-performing most of the world, even after inflation ...
smh.com.au/politics/federal/business-defaults-soar-as-australian-house-prices-outpace-the-globe-20240416-p5fk42.html
Calls to suspend military aid to Israel gather strength among US Democrats: Former speaker of the House Nancy Pelosi leads the signatures on an open letter from ...
english.elpais.com/usa/2024-04-08/calls-to-suspend-military-aid-to-israel-gather-strength-among-us-democrats.html
Biden administration raises costs to drill on public lands: The Interior Department finalized a rule Friday making it more expensive for oil and gas producers to ...
thehill.com/policy/energy-environment/4590251-biden-administation-raises-costs-drill-public-lands/
Quick Glance: Biden Raises Drilling Costs on Federal Lands, Trump Courts Oil Donors
- The Biden administration has finalized a new rule requiring oil companies to pay at least ten times more for drilling on federal lands to generate more revenue for taxpayers.
- While Trump discusses easing drilling regulations with energy executives, the US is historically pumping a lot of crude oil, complicating regulations for Trump and Biden's climate agenda.
- The rule mandates higher bonds and royalties for fossil fuels on federal lands to better compensate taxpayers and cover the costs of cleaning up abandoned wells.
- In addition to reshaping fossil fuel production on federal lands, the administration has advanced renewable energy development on these tracts and significantly reduced rents and fees for clean energy projects.
The Forever Stamp is forever rising in price. How does the U.S. cost compare globally?
npr.org/2024/04/12/1244273973/forever-stamp-cost-price-going-up-usps-postage
Mortgage rates hit highest level since November after hot inflation report: Mortgage rates jumped to their highest reading since November as the timeline for ...
thehill.com/business/housing/4585910-mortgage-rates-hit-highest-level-since-november-after-hot-inflation-report/
Pelosi, Democratic lawmakers urge Biden to put conditions on military aid to Israel
thehill.com/homenews/house/4578465-pelosi-democratic-lawmakers-urge-biden-conditions-israel-military-aid/
California restaurant will up wages to compete with $20 fast-food pay: "Why wash dishes for $15 or $17 if I can go get $20 flipping burgers at McDonald's ...
businessinsider.com/california-fast-food-20-minimum-wage-restaurant-raise-pay-compete-2024-4
Quick Glance: California eateries adjust wages to meet competition with $20 fast-food pay
- A restaurant owner in California plans to raise wages to compete with the $20 per hour pay for fast-food workers.
- Legislation is expected to drive up wages in various sectors as they strive to attract and retain employees.
- The increased minimum wages worsen the existing challenges faced by independent restaurants in California.
- Implementing price changes, cost-cutting strategies, and reduced operating hours could be potential measures to streamline operations.
Nancy Pelosi Joins Progressives' Calls To Halt U.S. Weapon Transfers To Israel: The lawmaker's split with President Joe Biden highlights divisions within the ...
huffpost.com/entry/nancy-pelosi-joins-progressives-calls-to-halt-us-weapon-transfers-to-israel_n_66117cbbe4b0d81853f965a0
Surveillance Bill Clears Key Hurdle in House, Putting It Back on Track: Speaker Mike Johnson scaled back the measure to two years from five, winning over ...
nytimes.com/2024/04/12/us/politics/surveillance-bill-fisa.html
International Monetary Fund: Germany in last place among industrialized nations (again)
spiegel.de/wirtschaft/unternehmen/internationaler-waehrungsfonds-senkt-erneut-wachstumsprognose-fuer-deutschland-a-49d8a54b-1dbe-4406-a72b-604e1115b2b4
Greene says Speaker Johnson is a ‘Democrat,’ comparable to Nancy Pelosi : Rep. Marjorie Taylor Greene (R-Ga.) on Wednesday likened Speaker Mike Johnson (R-La ...
thehill.com/homenews/4573642-greene-says-speaker-johnson-is-a-democrat-comparable-to-nancy-pelosi/
What to know about Biden's latest attempt at student loan cancellation: President Biden is taking another shot at student loan cancellation, hoping to deliver on ...
richmond.com/news/nation-world/government-politics/student-loan-cancellation-biden-plan-explained/article_76583957-379d-5485-96a7-79d1316b242b.html
Israel-Hamas war: Biden steps up pressure on negotiators : The US President is urging Egypt and Qatar to press Hamas to agree to a cease-fire deal. Meanwhile ...
dw.com/en/israel-hamas-war-biden-steps-up-pressure-on-negotiators/live-68756009
Markets Insight: The myth of long-term high prices: High inflation will soon be history. Longer-term factors should ensure a moderate price trend in the future ...
handelsblatt.com/finanzen/anlagestrategie/kolumnen/maerkte-insight-der-mythos-langfristig-hoher-preise/100026419.html
Wall St Week Ahead Surging US energy shares reflect robust growth, inflation worries
reuters.com/markets/us/wall-st-week-ahead-surging-us-energy-shares-reflect-robust-growth-inflation-2024-04-12/
Why are auto insurance premiums so high? Blame inflation and a few other factors: Wednesday's inflation report showed consumer price growth continues to drift ...
nbcnews.com/business/consumer/auto-insurance-premiums-costs-high-prices-inflation-explainer-rcna147204
House GOP leaders plan to take up Israel aid after Iran attack: House Majority Leader Steve Scalise said the chamber will consider legislation to support Israel ...
npr.org/2024/04/13/1244653429/congress-house-republicans-israel-aid-iran-attack
US inflation jumps as fuel and housing costs rise: Inflation was 3.5% in March, a sign that cooling has stalled and interest rate cuts may be delayed.
bbc.com/news/business-68781482
Is it the right time to buy gold or wait as prices continue to soar: Is it the right time to buy gold as prices spiral?
timesofoman.com/article/144450-is-it-the-right-time-to-buy-gold-or-wait-as-prices-continue-to-soar
Auto insurance premiums are skyrocketing. What's to blame?: Inflation accelerated more than expected in March, and an unsuspecting culprit may be to blame: auto ...
foxbusiness.com/economy/auto-insurance-premiums-are-skyrocketing-whats-blame
What the key interest rates mean for savers: Inflation is falling - the ECB is heading for a possible first interest rate cut. Consumers could already be feeling ...
zdf.de/nachrichten/wirtschaft/ezb-leitzinsen-banken-sparer-kredite-100.html
How California fast food restaurants raised menu prices in response to $20 minimum wage
nypost.com/2024/04/16/business/california-fast-food-restaurants-raised-prices-due-to-minimum-wage/
Did your car insurance rate go up a lot even though you don’t drive much?: Drivers nationwide are facing the biggest car insurance rate increases since 1976.
cnn.com/2024/04/12/business/car-insurance-rate-go-up/
Faeser on crime statistics: “Start with social causes”: Even before the statistics were presented, the numbers caused discussion: more crimes were registered in ...
tagesschau.de/inland/innenpolitik/polizeiliche-kriminalstatistik-2023-100.html
Inflation report: Dow plunges 470 points, stocks tumble on hot CPI: The odds of a June Fed rate cut have been completely wiped off of the table ...
markets.businessinsider.com/news/stocks/inflation-report-stock-market-today-fed-rate-cuts-outlook-economy-2024-4
US Senate talks about consensus for urgent aid to Ukraine and Israel: US Senate Majority Leader, Democrat Chuck Schumer, said that during a Sunday phone call ...
pravda.com.ua/eng/news/2024/04/15/7451247/
Gold is back — and it has a message for us: The precious metal’s surge may herald a whole new world
ft.com/content/bdcb7d8a-e958-4910-9d1b-a6a519812503
Producer prices come in softer than consumer prices in March: Producer prices rose less than economists expected in March after consumer prices came in hot ...
thehill.com/business/4588023-producer-prices-come-in-softer-than-consumer-prices-in-march/
Financial Times Weekend Festival U.S. Edition - 4 May 2024: Join the Financial Times Weekend Festival U.S. Edition on 4 May 2024 at Kennedy Center, Washington, D ...
usftweekendfestival.live.ft.com
Hot inflation may put Fed rate cut in thick of election season: Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a ...
reuters.com/world/us/hot-inflation-may-put-fed-rate-cut-thick-election-season-2024-04-11/
The truth comes out: US is paying dearly for outperformance : The United States is floating on a giant pumped-up air mattress of excess federal spending and no ...
thehill.com/opinion/finance/4602451-the-truth-comes-out-us-is-paying-dearly-for-outperformance/
JPMorgan CEO warns interest rates could rise to 8 percent ‘or even more’: JPMorgan Chase CEO Jamie Dimon warned that interest rates could rise to 8 percent or ...
thehill.com/business/4585341-jpmorgan-ceo-dimon-warns-interest-rates-8-percent/
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
‘I cannot afford to live’: Gen Z is full of financial angst despite inheriting a golden job market
cnn.com/2024/04/10/business/gen-zs-financial-angst/
Biden, Senator Bernie Sanders push companies to cut cost of asthma inhalers, prescription drugs
reuters.com/world/us/biden-senator-sanders-highlight-efforts-lower-cost-asthma-inhalers-2024-04-03/
CBK spares borrowers hike in loan costs: CBK held the benchmark rate at 13 per cent, citing a reduction in money-driven inflation. Banks have cut lending to ...
standardmedia.co.ke/business/business/article/2001492641/cbk-spares-borrowers-hike-in-loan-costs
Memory makers reportedly stop publishing contract DRAM prices following Taiwan earthquake — further price hikes are expected
tomshardware.com/tech-industry/memory-makers-reportedly-stop-publishing-contract-dram-prices-following-taiwan-earthquake-further-price-hikes-are-expected
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