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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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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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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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Bitcoin ETFs Are Making Tax Time More Difficult. How to Navigate the Confusion.: Bitcoin ETFs have contributed to confusion about how to report Bitcoin on your ...
barrons.com/articles/bitcoin-etfs-taxes-3ff72d50
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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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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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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.
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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Don’t Worry About S&P 500 at Record Highs, Says UBS. What History Says Is Next.
on.barrons.com/3VFSUUP
US fourth-quarter growth revised up; weekly jobless claims fall: The U.S. economy grew faster than previously estimated in the fourth quarter ...
reuters.com/markets/us/us-fourth-quarter-growth-revised-up-weekly-jobless-claims-fall-2024-03-28/
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: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
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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Live Trading With Benzinga | March 28th, 2024: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1BdGYrvNyzQJX
Market Records, Meme Stock Rallies… What Behavioral Economics Tells Us Happens Next. And 5 Other Things to Know Before Markets Open.
barrons.com/articles/what-to-know-today-9a6eb716
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Nestle, Hershey Take Hit From Surging Cocoa Prices: The sudden and sharp rise in cocoa prices this year is taking a toll on chocolate stocks across the world as ...
bloomberg.com/news/articles/2024-03-28/nestle-hershey-take-hit-from-surging-cocoa-prices
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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/
How the US stock market rocketed through the first quarter: The U.S. stock market is off to a soaring start in 2024, as optimism over the economy and interest ...
reuters.com/markets/us/how-us-stock-market-rocketed-through-first-quarter-2024-03-28/
$3 Billion Hedge Fund Astignes Seeks Hundreds of Millions for New Strategy: Astignes Capital Asia Pte is opening the new Astignes Systematic RV Macro Fund to ...
bloomberg.com/news/articles/2024-03-28/asia-macro-fund-seeks-hundreds-of-millions-for-managed-futures
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BOE’s Haskel Warns Against Rushing to Cut Interest Rates: Bank of England rate setter Jonathan Haskel said interest-rate cuts should be “a long way off” in an ...
bloomberg.com/news/articles/2024-03-28/boe-s-haskel-warns-against-rushing-to-cut-interest-rates
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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15 dollars from June: New York decides on city tolls: It would be the first city in the USA with a city toll: from June it will cost 15 dollars to drive to the ...
spiegel.de/wirtschaft/new-york-city-beschliesst-city-maut-15-dollar-ab-juni-a-f3ff4f41-b621-4b16-9165-bd219a2837ae
Stock Market Today: Dow, S&P Live Updates for March 28: Treasuries fell as a Federal Reserve official emphasized that recent US economic data might delay the ...
bloomberg.com/news/articles/2024-03-27/stock-market-today-dow-s-p-live-updates
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China Property Crisis Erodes Banks Balance Sheets as Investors Await Earnings: China’s protracted property downturn is eroding the balance sheets of the nation’s ...
bloomberg.com/news/articles/2024-03-28/china-s-property-crisis-is-rippling-through-its-biggest-banks
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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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Baltimore: These are the consequences of the bridge collapse for the economy: The Baltimore bridge collapse cuts off much of the port from the global economy ...
stern.de/wirtschaft/baltimore--diese-folgen-hat-der-brueckeneinsturz-fuer-die-wirtschaft-34580450.html
Quick Glance: Baltimore's Key Bridge: A Patriotic History and Tragic Collapse
- Baltimore's Key Bridge, which collapsed after being hit by a cargo ship, has a deep and patriotic history.
- Built between 1972 and 1977, the bridge holds historical significance beyond being a transit route.
- Close to the bridge are the ruins of Fort Carroll, an unfinished military post with impressive architecture.
- The Key Bridge served as a crucial transportation link and local landmark before its collapse.
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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China Government Bond Rally Looks Set to End After Five Months: A fizzing five-month rally in Chinese government bonds looks set to end this month ...
bloomberg.com/news/articles/2024-03-28/china-s-bond-frenzy-fades-amid-worries-best-returns-are-over
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China Stocks Erase March Gains As Market Rally on Policy Fades: Chinese stocks erased their gains for March as earnings disappointments weighed down on sentiment ...
bloomberg.com/news/articles/2024-03-28/chinese-stocks-erase-march-gains-as-policy-driven-rally-falters
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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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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
The Bullish Case for Commodities: If inflation is here to stay, resources are one of the few reliable hedges.
bloomberg.com/news/newsletters/2024-03-27/the-bullish-case-for-commodities
Tankers Haul More Russian Diesel to Brazil Where There’s a Glut: Tankers laden with millions of barrels of Russian diesel are floating off the coast of Brazil — ...
bloomberg.com/news/articles/2024-03-27/tankers-haul-more-russian-diesel-to-brazil-where-there-s-a-glut
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Altice France’s Credit Rating Cut Deeper Into Junk by Moody’s: Moody’s Ratings cut Altice France Holding SA’s credit rating to one of its lowest tiers ...
bloomberg.com/news/articles/2024-03-27/altice-france-s-credit-rating-cut-deeper-into-junk-by-moody-s
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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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Will Hispanic voters hand Donald Trump the presidency?: Our weekly podcast on democracy in America. This week, we consider Joe Biden’s fortunes with Latinos
economist.com/podcasts/2024/03/22/will-hispanic-voters-hand-donald-trump-the-presidency
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European IPO Rebound Begins With Biggest Quarter Since 2022: A strong start for Europe’s initial public offerings in 2024, driven by a handful of high-profile ...
bloomberg.com/news/articles/2024-03-28/european-ipo-rebound-begins-with-biggest-quarter-since-2022
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Fed's Waller still sees 'no rush' to cut rates amid sticky inflation data: Federal Reserve Governor Christopher Waller said on Wednesday that recent ...
reuters.com/markets/us/feds-waller-still-sees-no-rush-cut-rates-amid-sticky-inflation-data-2024-03-27/
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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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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UPS Can’t Make Anyone Happy Right Now. It Still Looks Like a Buy.: UPS, a Barron’s pick, blew past analyst targets when it released its 2026 financial targets ...
barrons.com/articles/ups-still-a-buy-fb78426d
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The Stock Market Is Rallying, Without Help From Big Tech
barrons.com/articles/stock-market-breadth-big-tech-5e711a6a
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Abortion-pill foes get a chilly reception at the Supreme Court: The justices are sceptical that the plaintiffs have “standing” to challenge mifepristone
economist.com/united-states/2024/03/27/abortion-pill-foes-get-a-chilly-reception-at-the-supreme-court
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Quick Glance: The Significance of the Supreme Court Mifepristone Case
- On June 24, 2022, the constitutional jurisprudence on abortions was overturned by the Supreme Court.
- A pivotal aspect in the dispute FDA v. Alliance for Hippocratic Medicine revolves around making access to medication abortions more challenging.
- The decision could impact not only abortion access but also have implications for miscarriage treatment.
- There are also repercussions for the entire country, voters' preferences in blue states, and state sovereignty.
Gaming Out How To Play The Endgame For This Bull Market: If you look at this business cycle, it doesn’t seem long in the tooth having started in April of 2020 ...
bloomberg.com/news/newsletters/2024-03-27/gaming-out-how-to-play-the-endgame-for-this-bull-market
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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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Super-Charged Atlantic Hurricane Season Threatens to Set New Record: The US should brace for an “explosive” hurricane season this year, with the potential for a ...
bloomberg.com/news/articles/2024-03-27/super-charged-atlantic-hurricane-season-threatens-to-set-new-record
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'3 Body Problem's £20 million star is the worst part of the entire show: It's a worthless piece of paper.
mashable.com/article/3-body-problem-how-to-buy-star-20-million
Adler Seeks Bondholder Permission to Sell Cologne Apart Project at Discount: Adler Group SA asked its bondholders for permission to sell an unfinished apartment ...
bloomberg.com/news/articles/2024-03-27/property-firm-adler-looks-to-sell-assets-at-up-to-47-discount
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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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SNB Has No Target for Franc Exchange Rate, Vice President Martin Schlegel Says: The Swiss National Bank has no target for the franc exchange rate ...
bloomberg.com/news/articles/2024-03-27/snb-has-no-target-for-franc-exchange-rate-schlegel-says
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
BOJ policymakers saw need to go slow in future rate hikes, March summary shows: Many Bank of Japan policymakers saw the need to go slow in phasing out ...
reuters.com/world/asia-pacific/boj-board-divided-economys-strength-upon-stimulus-exit-march-summary-shows-2024-03-28/
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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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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Falling Prices Are Helping Retailers and Restaurants, Not Their Customers: Retailers and restaurants are enjoying a bump up in gross margins as they finally get ...
bloomberg.com/news/articles/2024-03-27/falling-prices-are-helping-retailers-and-restaurants-not-their-customers
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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Altimmune Obesity Drug Sheds Fat With Less Muscle Loss in Trial: Altimmune Inc.’s experimental weight-loss drug minimized muscle decline in a mid-stage trial ...
bloomberg.com/news/articles/2024-03-27/altimmune-obesity-drug-sheds-fat-with-less-muscle-loss-in-trial
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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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URGENT: The winless lottery streak is over. Someone has won the $1.12 billion Mega Millions jackpot
bloomberg.com/en/news/thp/2024-03-26/-1-1-billion-mega-millions-drawing-nears-followed-by-865-million-powerball-prize
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Quick Glance: Strategies for Powerball and Mega Millions: Tips for Choosing Numbers
- Nicholas Kapoor unexpectedly won the Powerball lottery and used it as a teaching tool.
- The odds of winning Powerball and Mega Millions are extremely slim.
- It is recommended to choose random numbers or Quick Picks to increase chances of winning.
- Playing less popular lotteries can increase the odds of winning, but the prizes are smaller.
Allegra Stratton: Labour’s Robot Wars: Reading a report this morning saying that the UK could lose 8 million jobs to AI, I am struck that this will be one of the ...
bloomberg.com/news/newsletters/2024-03-27/allegra-stratton-labour-s-robot-wars
European Freezer King Nomad Foods Looks to US for Acquisitions: Hi, it’s Crystal Tse in New York with a look how Nomad Foods expanded through deals and has an ...
bloomberg.com/news/newsletters/2024-03-27/european-freezer-king-nomad-foods-looks-to-us-for-acquisitions
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
Sorrell Shakes Up S4: Get briefed ahead of your morning calls with the latest UK business headlines, key data and market reaction
bloomberg.com/news/newsletters/2024-03-27/sorrell-shakes-up-s4
Mexico Budget Estimates Higher Debt Levels, 2025 Growth Above 2%: Mexico’s economy will expand 2% to 3% in 2025 with a fiscal deficit equivalent to 2 ...
bloomberg.com/news/articles/2024-03-27/mexico-budget-estimates-higher-debt-levels-2025-growth-above-2
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Fed Director Waller wants to stick to restrictive interest rates for the time being
diepresse.com/18316695/fed-direktor-waller-will-vorerst-an-restriktivem-zinssatz-festhalten
Gamestop Falls Most in Nine Months After Revenue Plunges: Gamestop Corp. shares fell as much as 17%, the biggest intraday decline since June 2023 ...
bloomberg.com/news/articles/2024-03-27/gamestop-set-to-fall-most-in-nine-months-after-revenue-plunges
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Jefferies’ Joe Femenia Gains Edge in Distressed-Debt Investing (JEF): At Jefferies Financial Group Inc., a small group of traders and analysts run by a former ...
bloomberg.com/news/articles/2024-03-27/jefferies-ex-navy-seal-gains-edge-in-distressed-debt-investing
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The income a family of 4 needs to live comfortably in 20 major U.S. cities: To live comfortably in the largest U.S. cities, a family of four needs to make around ...
cnbc.com/2024/03/27/how-much-money-family-of-4-needs-to-live-comfortably-in-us-cities.html
India Raises ‘Strong Objections’ to US Over Kejriwal Comments: India complained to the US on Wednesday over its comments related to the arrest last week of an ...
bloomberg.com/news/articles/2024-03-27/india-raises-strong-objections-to-us-over-kejriwal-comments
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
Family Behind Country Garden to Reap $50 Million in Dividends: China’s former richest woman is still reaping a windfall from her crumbling property empire.
bloomberg.com/news/articles/2024-03-27/family-behind-country-garden-to-reap-50-million-in-dividends
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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
China Rallies Asian Nations to Oppose ‘Bullying’ in Jab at US: China’s No. 3 leader took a veiled swipe at the US at a regional forum as the country seeks to ...
bloomberg.com/news/articles/2024-03-28/china-rallies-asian-nations-to-oppose-bullying-in-jab-at-us
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Advocates and lawmakers ask Biden to expand protection for Haitians, stop deportations
miamiherald.com/news/local/immigration/article286918040.html
Who’s Best to Lead Boeing? History Offers No Help.: The airplane maker has had strong CEOs from both inside and outside the company in the past.
barrons.com/articles/ceo-boeing-history-ef1ada2e
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JPY USD: Big Yen Option Bet Risks Crushing Traders as FX Intervention Looms: The imminent expiry of nearly $3 billion in dollar-yen options has traders on edge ...
bloomberg.com/news/articles/2024-03-27/big-yen-option-bet-risks-crushing-traders-as-intervention-looms
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How Giant Agriculture Companies Dominate the Food Industry: How our agricultural "barons" got so big.
bloomberg.com/news/articles/2024-03-28/how-giant-agriculture-companies-dominate-the-food-industry
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