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The Midterms Are Far From Over: The key voters are the 18% who disapprove of Biden but still plan to vote for congressional Democrats.
wsj.com/articles/the-midterms-are-far-from-over-biden-democrats-gop-gun-control-abortion-inflation-reduction-act-gas-prices-climate-change-swing-voters-11660232903
The Midterms Are Far From Over
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Profile picture of The Wall Street Journal
The Midterms Are Far From Over: The key voters are the 18% who disapprove of Biden but still plan to vote for congressional Democrats.
wsj.com/articles/the-midterms-are-far-from-over-biden-democrats-gop-gun-control-abortion-inflation-reduction-act-gas-prices-climate-change-swing-voters-11660232903
The Midterms Are Far From Over
Profile picture of The Atlantic
The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
Profile picture of Newsroom (website)
West is best? How we stack up against Australia: Running a quick stock take on the NZ and Aussie economies, Australia comes out on top.
newsroom.co.nz/2024/04/23/west-is-best-how-we-stack-up-against-australia/
West is best? How we stack up against Australia
Profile picture of Die Presse
Eurozone economy grows surprisingly strongly: The Purchasing Managers' Index rose by 1.1 points to 51.4, the highest level in eleven months ...
diepresse.com/18396920/wirtschaft-der-eurozone-waechst-ueberraschend-stark
Eurozone economy grows surprisingly strongly
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Big pension increase in the summer but was that it?: Pensions will rise more sharply in July than previously thought. But the increases could shrink ...
hna.de/wirtschaft/grosse-rentenerhoehung-im-sommer-zukunft-rente-inflation-inflationspraemie-rentner-kaufkraft-zr-93032410.html
Big pension increase in the summer but was that it?
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Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
smh.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
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Could interest rate hikes be keeping inflation high?: The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates ...
thehill.com/business/4612114-could-interest-rate-hikes-be-keeping-inflation-high/
Could interest rate hikes be keeping inflation high?
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Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship: Chanel’s chief executive officer defended the luxury brand’s pricing after it raised the cost of ...
bloomberg.com/news/articles/2024-04-25/chanel-ceo-says-price-hikes-driven-by-inflation-craftsmanship
Chanel CEO Says Price Hikes Driven by Inflation, Craftsmanship
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Stock market today: Dow drops 375 points after weak GDP data: Stocks dropped and bond yields rose as investors digested a tough reality of slowing GDP growth and ...
markets.businessinsider.com/news/stocks/stock-market-today-gdp-1q24-inflation-economy-tech-stocks-microsoft-2024-4
Stock market today: Dow drops 375 points after weak GDP data
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BOJ to project inflation will stay around target, signal chance for rate hike: The Bank of Japan is expected to project inflation will stay around its 2% target ...
reuters.com/markets/asia/boj-project-inflation-will-stay-around-target-signal-chance-rate-hike-2024-04-22/
BOJ to project inflation will stay around target, signal chance for rate ...
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Singapore core inflation eases more than expected to 3.1% in March: Both core and overall inflation dipped from the previous month and came in well below analyst ...
straitstimes.com/business/singapore-core-inflation-eases-more-than-expected-to-31-in-march
Singapore core inflation eases more than expected to 3.1% in March
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Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year: J Sainsbury Plc expects a big jump in profit this year as the UK supermarket chain pulls in ...
bloomberg.com/news/articles/2024-04-25/sainsbury-s-expects-retail-profit-to-exceed-1-billion-this-year
Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year
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Wall St gains after Friday sell-off, Mideast tensions subside: Wall Street stocks ended higher on Monday following a market sell-off in previous sessions as ...
reuters.com/markets/us/futures-recover-after-friday-sell-off-mideast-tensions-ease-2024-04-22/
Wall St gains after Friday sell-off, Mideast tensions subside
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
  • World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.

  • Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.

  • As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.

  • While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
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U.S. economy grew at 1.6% annualized rate in first quarter: By comparison, GDP increased at 3.4% annual rate in the fourth quarter of 2023.
axios.com/2024/04/25/us-economy-gdp-report-q1-2024
U.S. economy grew at 1.6% annualized rate in first quarter
Profile picture of Fox Business
Mortgage demand falls again as interest rates soar past 7%: A key measure of home-purchase application fell for the third straight week as mortgage interest ...
foxbusiness.com/economy/mortgage-demand-falls-again-interest-rates-soar-past-7
Mortgage demand falls again as interest rates soar past 7%
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New I Bond rates won't be tantalizing but they could be decent: Inflation has cooled from a recent peak of 9.1% in June 2022. I Bond rates have pulled back, too ...
freep.com/story/money/personal-finance/susan-tompor/2024/04/24/inflation-is-hot-but-not-enough-to-drive-i-bonds-to-sky-high-returns/73414755007/
New I Bond rates won't be tantalizing but they could be decent
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Argentina's Milei revs up chainsaw and blender in fiscal deficit attack: Argentina's libertarian President Javier Milei is revving up his attack on the country's ...
reuters.com/markets/argentinas-milei-revs-up-chainsaw-blender-fiscal-deficit-attack-2024-04-23/
Argentina's Milei revs up chainsaw and blender in fiscal deficit attack
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Fast-food businesses hiking prices because of higher minimum wage sound like Gordon Gekko
usatoday.com/story/opinion/voices/2024/04/24/california-minimum-wage-restaurants-fast-food-raise-prices/73332922007/
Fast-food businesses hiking prices because of higher minimum wage sound ...
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Stock market sell-off has 'further to go,' JPMorgan warns: JPMorgan analysts warned in a note to clients this week that the U.S. stock market sell-off has ...
foxbusiness.com/markets/stock-market-selloff-has-further-go-jpmorgan-warns
Stock market sell-off has 'further to go,' JPMorgan warns
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BOJ will hike rates if trend inflation accelerates, gov Ueda says: The Bank of Japan will raise interest rates again if trend inflation accelerates toward its 2% ...
reuters.com/markets/asia/boj-will-hike-rates-if-trend-inflation-accelerates-says-gov-ueda-2024-04-23/
BOJ will hike rates if trend inflation accelerates, gov Ueda says
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Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
taiwannews.com.tw/en/news/5673279
Taiwan 2024 GDP forecast is 3.29% | Taiwan News | Apr. 25, 2024 14:16
Profile picture of Frankfurter Rundschau
Federal government raises economic forecast slightly: The German economy is experiencing weak growth - for how much longer? There are increasing signs of ...
fr.de/wirtschaft/bundesregierung-hebt-konjunkturprognose-leicht-an-zr-93030997.html
Federal government raises economic forecast slightly
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
  • A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.

  • The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.

  • The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.

  • Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
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FTC votes to ban noncompete clauses that bar employees from working for competitors
cnbc.com/2024/04/23/ftc-votes-to-ban-noncompete-clauses-that-bar-employees-from-working-for-competitors-.html
FTC votes to ban noncompete clauses that bar employees from working for ...
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
  • The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.

  • The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.

  • Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.

  • Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
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JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming: One of corporate America's most prominent executives on Tuesday expressed confidence in a ...
dailysabah.com/business/economy/jpmorgan-ceo-dimon-says-unbelievable-us-economy-is-booming
JPMorgan CEO Dimon says ‘unbelievable’ US economy is booming
Quick Glance: JPMorgan CEO Dimon Praises US Economy
  • Jamie Dimon, Chairman and Chief Executive Officer of JPMorgan Chase & Co., speaks to the Economic Club of New York.

  • Dimon expressed confidence in a robust U.S. economy with strong employment and healthy consumer finances.

  • However, he warned about the potential economic effects of rising national debt, inflation, and geopolitical conflicts.

  • Dimon also discussed the need for a more harmonious relationship between lenders and regulators, as well as praised U.S. leadership and economic power.
Profile picture of Euronews
Long-lost Klimt portrait goes under the hammer at Vienna auction : The auction house estimates the painting's value at up to €50 million ...
euronews.com/culture/2024/04/24/long-lost-klimt-portrait-goes-under-the-hammer-at-vienna-auction
Long-lost Klimt portrait goes under the hammer at Vienna auction
Quick Glance: Klimt's 'Portrait of Miss Lieser' Sells for $32 Million Euros at Auction
  • Klimt's 'Portrait of Miss Lieser' sells for $32 million euros at auction despite subject's uncertainty.

  • The painting depicts a young woman in a turquoise dress and floral gown against a red background.

  • The current owners reached a 'fair and just solution' with the legal successors of the Lieser family.

  • The painting's history post-Klimt's death and during the Nazi era raises significant questions.
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Bitcoin analysts agree that BTC has ‘a lot further to run’: Bitcoin on-chain and market cycle data all suggest higher baseline prices for BTC in the months ...
cointelegraph.com/news/bitcoin-analysts-agree-that-btc-has-a-lot-further-to-run
Bitcoin analysts agree that BTC has ‘a lot further to run’
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Vodafone: Customers can now join class action lawsuit over price increase: The price increases for Vodafone's fixed network in 2023 could be ineffective ...
faz.net/aktuell/wirtschaft/vodafone-kunden-koennen-jetzt-bei-sammelklage-wegen-preiserhoehung-mitmachen-19674449.html
Vodafone: Customers can now join class action lawsuit over price increase
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Roku Q1 Results Show Benefits Of Streaming Price Hikes: Roku posted solid first-quarter financials, with positive results in several key metrics illustrating the ...
deadline.com/2024/04/roku-q1-earnings-show-streaming-price-hikes-1235895379/
Roku Q1 Results Show Benefits Of Streaming Price Hikes
Profile picture of Insider (news website)
Stock market outlook: Steep plunge means bull rally can push higher: The correction in stocks since the market hit all-time highs in March is actually good news ...
markets.businessinsider.com/news/stocks/stock-market-outlook-bull-market-inflation-fed-rate-cuts-election-2024-4
Stock market outlook: Steep plunge means bull rally can push higher
Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
  • Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.

  • Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.

  • Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.

  • JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
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Young people are less worried about climate change and would be more likely to vote for AfD
businessinsider.de/politik/die-jugend-sorgt-sich-weniger-vor-klimawandel-und-wuerde-eher-afd-waehlen/
Young people are less worried about climate change and would be more ...
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Milei sparks wild rally that makes peso number one in the world: Four months into office, President Javier Milei has pulled off a critical feat in a country ...
batimes.com.ar/news/economy/javier-milei-sparks-wild-rally-that-makes-peso-number-one-in-the-world.phtml
Milei sparks wild rally that makes peso number one in the world
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Unilever beats sales forecast as customers return to brands: Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's ...
reuters.com/business/retail-consumer/unilever-beats-quarterly-sales-growth-expectations-2024-04-25/
Unilever beats sales forecast as customers return to brands
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Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses: The surprisingly sharp downshift in US economic growth last quarter masked otherwise ...
bloomberg.com/news/articles/2024-04-25/cooler-us-gdp-growth-obscures-resilient-demand-from-consumers-and-businesses
Cooler US GDP Growth Obscures Resilient Demand From Consumers, Businesses
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Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ: Morgan Stanley MUFG Securities economists flagged a risk of Tokyo inflation data causing a ...
bloomberg.com/news/articles/2024-04-25/morgan-stanley-warns-of-possible-tokyo-cpi-yen-shock-before-boj
Morgan Stanley Warns of Possible Tokyo CPI Yen Shock Before BOJ
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Stock Market Today: Markets Rebound Ahead of Big Week for Earnings: Equities rallied on easing geopolitical tensions, upcoming quarterly results.
kiplinger.com/investing/stocks/stock-market-today-markets-rebound-ahead-of-big-week-for-earnings
Stock Market Today: Markets Rebound Ahead of Big Week for Earnings
Profile picture of The Age
Chalmers’ high-wire act just got harder: For two years, the Reserve Bank has been talking about negotiating a narrow economic path. But inflation is buried deep ...
theage.com.au/politics/federal/chalmers-high-wire-act-just-got-harder-20240424-p5fm5g.html
Chalmers’ high-wire act just got harder
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US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate Cuts: Treasuries slid as signs of sticky price pressures in a reading of first-quarter ...
bloomberg.com/news/articles/2024-04-25/treasuries-drop-as-first-quarter-price-pressures-temper-fed-cuts
US Treasuries Slide After GDP Data as Inflation Pressures Temper Fed Rate ...
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HECS debts set for $1250 setback following fresh inflation figures: Higher-than-expected inflation figures released today aren't just bad news for home- and ...
9news.com.au/finance/student-debt-hecs-help-indexation-march-inflation-data/5e837781-ab9f-4602-9260-faff7b9dfcec
HECS debts set for $1250 setback following fresh inflation figures
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Higher interest rates are rippling through the market again: Borrowers from homebuyers to the federal government are seeing their costs surge.
axios.com/2024/04/23/interest-rates-higher-for-longer
Higher interest rates are rippling through the market again
Quick Glance: McConnell Attributes Delay in Crucial Ukraine Aid to Tucker Carlson and Trump
  • Mitch McConnell celebrated new U.S. aid to Ukraine and blamed Tucker Carlson and Donald Trump for the delay.

  • McConnell emphasized the importance of Ukraine aid, criticized Carlson and Trump for the delay, and praised the expected passage of the bill.

  • He expressed support for Ukraine aid and highlighted the significance of supporting freedom-loving countries globally.

  • McConnell expressed optimism about the GOP Senate nominees and confidence in winning the majority to transition into the role of majority leader.
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FTC sues to block luxury fashion merger of Tapestry and Capri Holdings: Federal regulators claim the union would lead to higher prices for U.S ...
washingtonpost.com/business/2024/04/22/tapestry-capri-merger-ftc/
FTC sues to block luxury fashion merger of Tapestry and Capri Holdings
Quick Glance: Dispute Arises Over Fusion Between Tapestry Inc. and Capri Holdings
  • Legal actions have been taken by the FTC to block the proposed merger between Tapestry Inc. and Capri Holdings Limited.

  • Competition between the involved brands would be at risk with the merger, potentially granting Tapestry a dominant market share in the 'accessible luxury' handbag sector.

  • To halt the deal, the FTC is seeking a temporary restraining order and a preliminary injunction, with Tapestry and Capri planning to contest the decision in court.

  • Both companies stress that the merger has already been approved by regulators in the European Union and Japan, aiming to finalize the acquisition while battling the FTC lawsuit.
Profile picture of The Age
Australians flattened by biggest tax increase in world: Bracket creep and the end of the low- and middle-income offset delivered the biggest tax hike in the ...
theage.com.au/politics/federal/australians-flattened-by-biggest-tax-increase-in-world-20240425-p5fmgf.html
Australians flattened by biggest tax increase in world
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BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin this week
cointelegraph.com/news/btc-trades-deep-discount-after-halving-5-things-bitcoin-this-week
BTC trades at ‘deep discount’ after halving — 5 things to know in Bitcoin ...
Profile picture of Buenos Aires Times
Milei trumpets quarterly budget surplus in TV address: President announces Argentina’s first quarterly fiscal surplus since 2008 during a televised speech ...
batimes.com.ar/news/argentina/milei-trumpets-quarterly-budget-surplus-in-argentina-tv-address.phtml
Milei trumpets quarterly budget surplus in TV address
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Good News for Biden on Growth, Bad News on Inflation Fight: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital ...
bloomberg.com/news/newsletters/2024-04-24/good-news-for-biden-on-growth-bad-news-on-inflation-fight
Good News for Biden on Growth, Bad News on Inflation Fight
Profile picture of Buenos Aires Times
Central Bank lowers key rate to 60%: Policymakers at Argentina’s Central Bank lower interest rates to 60% from 70% as officials bet on a sustained slowdown of ...
batimes.com.ar/news/economy/argentinas-central-bank-lowers-key-rate-to-60.phtml
Central Bank lowers key rate to 60%
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Dollar suffers PMI hangover, Aussie jumps on inflation surprise: The dollar nursed its wounds on Wednesday following big tumbles against the euro and sterling ...
reuters.com/markets/currencies/dollar-shaky-after-euro-rebound-yen-mired-34-year-low-2024-04-24/
Dollar suffers PMI hangover, Aussie jumps on inflation surprise
Profile picture of Bloomberg
Primark Owner AB Foods Expects Significant Profit Growth as Inflation Eases: Associated British Foods Plc raised its outlook and interim dividend as shoppers ...
bloomberg.com/news/articles/2024-04-23/ab-foods-expects-significant-profit-growth-as-inflation-eases
Primark Owner AB Foods Expects Significant Profit Growth as Inflation ...
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How 4% Could Be the New Inflation Target: Whether explicitly or implicitly, central banks look likely to take a more flexible approach in future.
bloomberg.com/news/newsletters/2024-04-24/how-4-could-be-the-new-inflation-target
How 4% Could Be the New Inflation Target
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Star Wars Jedi: Survivor Part of EA Play in Some PlayStation Regions [Update: Game Pass Also Confirmed] - IGN
ign.com/articles/star-wars-jedi-survivor-part-of-ea-play-in-some-playstation-regions
Star Wars Jedi: Survivor Part of EA Play in Some PlayStation Regions ...
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Australia Inflation Reinforces RBA Case to Keep Interest Rates at 12-Year High: Australia’s inflation came in faster than expected in the first three months of ...
bloomberg.com/news/articles/2024-04-24/australian-inflation-reinforces-case-for-higher-for-longer-rates
Australia Inflation Reinforces RBA Case to Keep Interest Rates at 12-Year ...
Profile picture of The Guardian
What’s behind the record FTSE 100 high?: Hopes of a UK interest rate cut and easing geopolitical tensions are not the only reasons for the intraday peak reached ...
theguardian.com/business/2024/apr/23/whats-behind-record-ftse-100-high-uk-explainer
What’s behind the record FTSE 100 high?
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IMF calls for smaller budget amid low revenue receipts: The IMF mission suggested that the upcoming budget, which will be unveiled in the first week of June ...
thedailystar.net/business/economy/news/imf-calls-smaller-budget-amid-low-revenue-receipts-3594611
IMF calls for smaller budget amid low revenue receipts
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Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank: Emerging Asia’s worst-performing sovereign bonds are at risk of further declines as the ...
bloomberg.com/news/articles/2024-04-25/bonds-at-risk-from-asia-s-most-inflation-sensitive-central-bank
Bonds at Risk from Asia’s Most Inflation-Sensitive Central Bank
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Gold miner Newmont tops profit estimates; asset sale attracts strong interest: Newmont Corp beat Wall Street estimates for first-quarter profit on Thursday ...
reuters.com/markets/commodities/newmont-beats-quarterly-profit-estimates-2024-04-25/
Gold miner Newmont tops profit estimates; asset sale attracts strong ...
Profile picture of Die Presse
Austria - an expensive country for workers: According to the OECD, Austria places a higher burden on labor income than almost any other country in the world ...
diepresse.com/18406310/oesterreich-ein-teures-land-fuer-arbeitnehmer
Austria - an expensive country for workers
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The Surprising Way Inflation Can Be Good for People With Debt: New research shows that most people are unaware inflation can help consumers — by making it easier ...
money.com/inflation-easier-to-pay-off-debt/
The Surprising Way Inflation Can Be Good for People With Debt
Profile picture of Insider (news website)
Jamie Dimon says US has less than 50% odds of nailing a soft landing: "It looks a little bit more like the '70s to me, and I point out to a lot of people ...
businessinsider.com/jamie-dimon-soft-landing-outlook-recession-inflation-jpmorgan-geopolitics-2024-4
Jamie Dimon says US has less than 50% odds of nailing a soft landing
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ECB should not only target inflation - France's Macron: The European Central Bank should no longer focus solely on keeping inflation under control ...
euractiv.com/section/economy-jobs/news/ecb-should-not-only-target-inflation-frances-macron/
ECB should not only target inflation - France's Macron
Profile picture of Buenos Aires Times
Milei’s team sees inflation slowing faster than economist survey: President Javier Milei’s economic team sees monthly inflation slowing much faster this year ...
batimes.com.ar/news/economy/mileis-team-sees-argentinas-inflation-slowing-faster-than-economist-survey.phtml
Milei’s team sees inflation slowing faster than economist survey
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BOJ to discuss impact of yen's rapid slide at this week's policy meeting: TOKYO -- Policymakers at the Bank of Japan are expected to focus on the effects of a ...
asia.nikkei.com/Economy/Bank-of-Japan/BOJ-to-discuss-impact-of-yen-s-rapid-slide-at-this-week-s-policy-meeting
BOJ to discuss impact of yen's rapid slide at this week's policy meeting
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StanChart Tells Clients Craving Oil, Copper to Beware Inflation: Some Standard Chartered Plc clients are increasingly favoring tangible assets like copper and ...
bloomberg.com/news/articles/2024-04-24/stanchart-tells-clients-craving-oil-copper-to-beware-inflation
StanChart Tells Clients Craving Oil, Copper to Beware Inflation