What is the US debt ceiling & why Congress cannot delay decision?:
aljazeera.com/economy/2023/1/26/what-is-the-us-debt-ceiling-why-congress-cannot-delay-a-decision
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| Last Updated | Jan 26 23 |
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Congress approves bill banning TikTok unless Chinese owner ByteDance sells platform
ft.com/content/d84df824-19c0-4105-ae95-816dd0618efb
JPMorgan CEO Dimon says US economy is booming: JPMorgan Chase CEO Jamie Dimon expressed confidence on Tuesday in a robust U.S. economy backed by strong ...
reuters.com/markets/us/jpmorgan-ceo-dimon-says-us-economy-is-booming-2024-04-23/
US Senate Passes $95 Billion Aid Package for Ukraine, Israel, Taiwan: The Senate passed a long-delayed $95 billion emergency aid package for Ukraine and other ...
bloomberg.com/news/articles/2024-04-24/us-senate-passes-ukraine-aid-arms-shipments-to-resume-in-days
Gold’s Record-Setting Rally May Have Its Roots in Chinese Frenzy: Gold’s record-setting rally this year has puzzled market watchers as bullion has roared higher ...
bloomberg.com/news/articles/2024-04-23/gold-s-record-setting-rally-may-have-its-roots-in-chinese-frenzy
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China’s Prices Are Just Too Low for Buyers to Sweat About Tariffs: China can withstand any new tariffs the world throws at it – even the punitive ones Donald ...
bloomberg.com/news/articles/2024-04-23/china-s-prices-are-just-too-low-for-buyers-to-sweat-about-tariffs
Paid articlePaid Wall Street Banks Face CFTC Probe of NDAs in Swaps, Clearing Businesses: A top financial regulator is asking large Wall Street banks for non-disclosure ...
bloomberg.com/news/articles/2024-04-23/nda-probes-are-expanding-to-large-banks-swaps-clearing-businesses
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FTC votes to ban noncompete agreements for most workers: U.S. companies would no longer be able to bar employees from taking jobs with competitors under a rule ...
apnews.com/article/jobs-employers-noncompete-agreements-economy-pay-4d7b3eb8e143cfd52025c7f2f5259fc4
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.
China Credit Yields Drop to Record Low on Bond Bull Run: China’s local credit yields have fallen to the lowest level ever as investors load up on corporate bonds ...
bloomberg.com/news/articles/2024-04-24/china-s-credit-yields-drop-to-record-lows-on-bond-bull-run
Congress Passed a Bill That Could Ban TikTok. Now Comes the Hard Part.: After President Biden signs the bill to force a sale of the video app or ban it ...
nytimes.com/2024/04/23/technology/tiktok-ban-bill-congress.html
Quick Glance: San Francisco Real Estate Market in Crisis
- San Francisco, once the crown jewel of the West Coast, is now teetering on the brink of collapse, especially in the housing market.
- JPMorgan Chase CEO compared San Francisco's situation to New York City, emphasizing the Bay Area's significant challenges.
- Luxurious properties are being sold at massive discounts as homeowners flee the city in large numbers.
- Nearly one in five homeowners in San Francisco are selling their homes for a loss, and the commercial sector is struggling with high office vacancies.
Serial Liar George Santos Axes Short-Lived Independent Run for Congress: “I don’t want to split the ticket and be responsible for handing the house to Dems ...
thedailybeast.com/george-santos-axes-independent-run-for-congress-in-surprise-move
Paid articlePaidQuick Glance: Former Representative George Santos Ends Race for New House Seat
- George Santos has dropped out of his independent bid for a second spot in the House of Representatives months after being ousted from his New York seat.
- Santos withdrew his candidacy to avoid being seen as retaliating against his Republican opponent Lalota and potentially benefiting the Democrats.
- Despite facing numerous legal issues, including 23 federal criminal charges, Santos denies all allegations and pleads not guilty.
- After being expelled from the US House of Representatives overwhelmingly in December 2023, Santos made headlines with a mysterious appearance outside former President Donald Trump's criminal trial in New York.
Long-awaited aid to Ukraine, Israel, Taiwan poised to pass US Congress: Billions of dollars in foreign aid for Ukraine, Israel and Taiwan should easily win ...
reut.rs/49PdENp
New US Presidential Chopper Is Too Hot to Handle: This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today ...
bloomberg.com/news/newsletters/2024-04-23/new-us-presidential-chopper-is-too-hot-to-handle
Gold (XAUUSD) Falls Again After Biggest Daily Slump in Almost Two Years: Gold extended losses after its biggest daily decline in almost two years ...
bloomberg.com/news/articles/2024-04-23/gold-xauusd-falls-again-after-biggest-daily-slump-in-almost-two-years
Emerging Markets Extend Bounce to Second Day After US PMI Miss: Emerging-market stocks rose for a second session amid signs of easing tensions in the Middle East ...
bloomberg.com/news/articles/2024-04-23/emerging-market-stocks-sustain-recovery-as-mideast-concerns-ease
Paid articlePaid Crypto Hedge Funds Lured by Returns of Memecoins, Like Dogwifhat (WIF): The hedge fund world appears to be finding the siren song of memecoins irresistible.
bloomberg.com/news/articles/2024-04-23/hedge-funds-lured-by-returns-of-memecoins-like-dogwifhat-wif
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Debate on competitiveness: Europe must dare to be more capitalism: The USA has left the EU behind economically. The Europeans don't want to admit why this is: ...
spiegel.de/wirtschaft/wettbewerbsfaehigkeit-europa-muss-mehr-kapitalismus-wagen-a-2db11cb6-02c2-407b-acbf-37647461f52e
Switzerland Blocks More Than $14 Billion of Russian Assets: Switzerland has blocked 13 billion francs ($14.3 billion) in Russian assets held in the country ...
bloomberg.com/news/articles/2024-04-23/switzerland-says-it-s-blocked-14-2-billion-of-russian-assets
Paid articlePaid New US Home Sales Jump to Highest Level Since September: Sales of new homes in the US bounced back in March in a broad advance as prospective buyers toughed out ...
bloomberg.com/news/articles/2024-04-23/new-us-home-sales-jump-to-highest-level-since-september
Paid articlePaid Ireland Forecasts Surplus Rise on Record Corporation Taxes: Ireland has forecast a budget surplus of €8.6 billion ($9.2 billion) this year ...
bloomberg.com/news/articles/2024-04-23/ireland-forcasts-8-6bn-surplus-on-corporation-tax-receipts
Paid articlePaid Cash-Advance Company Sued by New York Got Funding From Hedge Fund Billionaire: One man started a cash-advance company. The other was a retired investing legend ...
bloomberg.com/news/articles/2024-04-23/cash-advance-company-sued-by-new-york-got-funding-from-hedge-fund-billionaire
Paid articlePaid
All Powers Great and Small: Why Bigger Isn’t Always Better in Geopolitics: Why bigger isn’t always better in geopolitics.
foreignaffairs.com/reviews/all-powers-great-and-small-states
Paid articlePaid China’s Sovereign Fund Ramped Up ETF Purchases to Lift Stocks: China’s sovereign wealth fund likely bought at least $43 billion of onshore exchange-traded funds ...
trib.al/CDBX9v2
Bubble Tea Maker Chabaidao Debuts After HK’s Biggest IPO of 2024: Chinese bubble-tea maker Sichuan Baicha Baidao Industrial Co., also known as Chabaidao ...
bloomberg.com/news/articles/2024-04-22/bubble-tea-maker-chabaidao-debuts-after-hk-s-biggest-ipo-of-2024
Paid articlePaid Columbia University Protests: Inside a Week of Unrest on Campus: In a Washington war room, Columbia’s president, Nemat Shafik, decided to call police officers to ...
nytimes.com/2024/04/23/nyregion/columbia-university-campus-protests.html
Quick Glance: Student Protests: Arrests at Yale and NYU
- Police arrested dozens of people at pro-Palestinian demonstrations at Yale University in Connecticut and New York University in Manhattan, as student protests over Israel’s war in Gaza continue to roil US campuses.
- At Yale University, at least 47 protesters were arrested and will face disciplinary action.
- The police crackdowns came after Columbia University canceled in-person classes and cleared tent encampments on its campus in New York City.
- The universities repeatedly asked students to leave, warning of legal and disciplinary consequences if they did not.
Commodities Are a ‘Win-Win’ With $100 Crude Oil in Sight, Carlyle’s Currie Says: Commodities look like a “win-win” for investors as climbing prices reflect ...
bloomberg.com/news/articles/2024-04-23/commodities-are-a-win-win-with-100-crude-oil-in-sight-carlyle-s-currie-says
Congress Passed a Bill That Could Ban TikTok. Now Comes the Hard Part.: After President Biden signs the bill to force a sale of the video app or ban it ...
nytimes.com/2024/04/23/technology/tiktok-ban-bill-congress.html
Quick Glance: Senate Passes Bill to Force Sale of TikTok
- The Senate passed a bill that would compel TikTok's parent company to sell the platform or face a ban, sparking legal challenges and affecting content creators reliant on the app for income.
- The updated legislation extends ByteDance's deadline to sell TikTok to nine months, allowing a potential three-month extension if a sale is underway.
- The bill also prohibits the company from controlling TikTok's algorithm, which customizes user content and has been central to its appeal as a trendsetting platform.
- The bill's passage reflects bipartisan concerns in Washington over Chinese threats and TikTok ownership, used by 170 million Americans, amidst worries of Chinese authorities influencing or accessing US user data.
Hedge Funds Snap Up Japan Rates Traders With Prospect of Higher Salaries: The upending of Japan’s government bond markets after almost a decade of predictability ...
bloomberg.com/news/articles/2024-04-22/hedge-funds-snap-up-japan-rates-traders-in-bet-on-comeback
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PepsiCo’s Earnings Are Tuesday. Wall Street Is Looking Further Ahead.: PepsiCo’s results are expected to highlight the challenge consumer-products companies face ...
barrons.com/articles/pepsico-stock-earnings-c87a4297
Paid articlePaid GE Aerospace’s Earnings Are Going to Be Strange. Stay Tuned.: The results cover both GE Aerospace and GE Vernova because the two were still a single company ...
barrons.com/articles/ge-aerospace-stock-earnings-5b719990
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In the Peter Navarro case, executive privilege is on trial: U.S. v. Navarro has the potential to be a landmark case of “first impressions” involving unsettled ...
thehill.com/opinion/judiciary/4611965-in-the-peter-navarro-case-executive-privilege-is-on-trial/
The Next US President Will Have Troubling New Surveillance Powers: Over the weekend, President Joe Biden signed legislation not only reauthorizing a major FISA ...
wired.com/story/section-702-reauthorization-expansion/
Why UBS Has Turned Cautious on Megacap Tech Stocks
barrons.com/articles/megacap-tech-stocks-downgrade-30228ec2
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House Approves Bill Banning TikTok in the US (Again): Congress tries again with a TikTok ban, this time bundling it into a foreign aid package.
uk.pcmag.com/mobile-apps/151942/a-bill-banning-tiktok-in-the-us-just-passed-the-house
Bond-Market ‘Washout’ Near, Setting Up a Moment to Buy, JPMorgan’s Michele Says: ‘I’m trying to hang onto all my fingers and toes and keep my discipline ...
bloomberg.com/news/newsletters/2024-04-22/bond-market-washout-near-setting-up-a-moment-to-buy-jpmorgan-s-michele-says
Bitcoin Rises After ‘Halving.’ Why Cryptos Could Be Due for a Fall.: Bitcoin prices show technical signs of weakness after last week’s selloff and some analysts ...
on.barrons.com/3xDXU2f
Denmark Starts Its Largest-Ever Offshore Wind Power Tender: Denmark has kicked off its largest-ever wind power tender that will more than triple its offshore ...
bloomberg.com/news/articles/2024-04-22/denmark-starts-its-largest-ever-offshore-wind-power-tender
PBOC Chief Seeks Faster Debt Restructurings, Clarity on Fairness: The head of China’s central bank sees debt restructurings among poor countries moving too slow ...
bloomberg.com/news/articles/2024-04-22/pboc-chief-seeks-faster-debt-restructurings-clarity-on-fairness
Paid articlePaid China Is Front and Center of Gold’s Record-Breaking Rally: Gold’s rise to all-time highs above $2,400 an ounce this year has captivated global markets. China ...
bloomberg.com/news/articles/2024-04-21/china-is-front-and-center-of-gold-s-record-breaking-rally
Opinion | Ukraine, Israel and Taiwan Aid: Four Historic Votes for Action: Congress sends a signal that America needs to be stronger and do better.
on.wsj.com/3U8JeQp
IDF Kills 18 Children in Rafah Hours After US House Approves Billions in Military Aid
commondreams.org/news/rafah-airstrikes-us-weapons
Full List of Republicans Retiring from House This Year: One Republican who has left Congress before the end of his term said the party had lost its way.
newsweek.com/republicans-house-retiring-not-seeking-reelection-2024-1892298
Crisis in Brazil’s Congress Gives Lula $18.5 Billion in New Fiscal Headaches: Tensions between President Luiz Inacio Lula da Silva’s administration and Brazil’s ...
bloomberg.com/news/articles/2024-04-22/crisis-in-brazil-s-congress-gives-lula-18-5-billion-in-new-fiscal-headaches
Aipac: the pro-Israel group planning to spend millions in US elections: The lobby group has been a powerful force in American politics – but has Israel’s war in ...
theguardian.com/world/2024/apr/22/aipac-pro-israel-lobby-group-us-elections
US Congressional delegation arrives in Kyiv, reaffirming support for Ukraine - Euromaidan Press
euromaidanpress.com/2024/04/22/us-congressional-delegation-arrives-in-kyiv-reaffirming-support-for-ukraine/
Person escaped custody at S.F. General by climbing through ceiling: A San Francisco jail inmate briefly escaped from a room at San Francisco General Hospital on ...
sfchronicle.com/sf/article/sf-general-escape-ceiling-19418407.php
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Altoona library getting new carpet, paint and ceiling tiles, but still keeps its doors open
desmoinesregister.com/story/news/local/altoona/2024/04/22/altoona-library-undergoing-major-renovations-but-still-welcomes-public/73399884007/
Review: Nanoleaf's Skylight Adds Modular Smart Lighting to Your Ceiling: The Nanoleaf Skylight Smarter Kit is Nanoleaf's first hardwired, permanent light ...
macrumors.com/review/nanoleaf-skylight/
No More Summertime Sadness! 6 Tips & Tricks To Help You Cut Down Your AC Bill: According to the latest report from the India Meteorological Department (IMD) ...
indiatimes.com/worth/news/no-more-summertime-sadness-6-tips-tricks-to-help-you-cut-down-your-ac-bill-632838.html
Europe's Annual Weather Report Highlights Floods, Wildfires, Heat in 2023: The continent, which is warming faster than any other region on the planet ...
bloomberg.com/news/articles/2024-04-22/europe-s-annual-weather-report-highlights-floods-wildfires-heat-in-2023
Paid articlePaid Latin America Sees Low-Rate Dreams Crumble, Political Woes Rise: The region that led the world into a promising cycle of interest rate cuts is warning that ...
bloomberg.com/news/articles/2024-04-19/latin-america-sees-low-rate-dreams-crumble-political-woes-rise
Paid articlePaid Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches New Way: The Federal Reserve is stuck in a mode of forecasting and public communication ...
bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way
China Property Tycoon Chen Hongtian Faces Payment Demands on $200M of Loans: A Chinese tycoon who had snapped up mansions and offices in Hong Kong and London ...
bloomberg.com/news/articles/2024-04-22/chinese-property-tycoon-faces-payment-demands-on-overdue-loans
Paid articlePaid Some young people see Trump as an answer to their economic woes: Concerns about Biden's age and his support of Israel in its war against Hamas in Gaza have ...
reuters.com/world/us/chance-trump-youth-rally-see-him-answer-economic-woes-2024-04-21/
ECB’s Villeroy Says Oil Uncertainty Won’t Stop June Rate Cut: The European Central Bank won’t be swayed from a first interest-rate cut in June by oil price ...
bloomberg.com/news/articles/2024-04-21/ecb-s-villeroy-says-oil-uncertainty-won-t-stop-june-rate-cut
Paid articlePaid Stock Market Today: Dow, S&P Live Updates for April 22: Asian stocks opened higher as focus shifted to a slew of company earnings and economic data this week for ...
bloomberg.com/news/articles/2024-04-21/asian-traders-brace-for-key-data-us-futures-rise-markets-wrap
Paid articlePaid UK Energy Bills Could Rise by £29 Billion on High Rates, Green Investments: Persistently high interest rates could add £29 billion ($36 billion) a year to UK ...
bloomberg.com/news/articles/2024-04-21/uk-energy-bills-could-rise-by-29-billion-on-high-interest-rates
Electric Cars in Norway May Push Diesel Rivals Off Top by 2026: Norway, the pioneer in abandoning combustion-engine automobiles, may see electric cars become the ...
bloomberg.com/news/articles/2024-04-19/electric-cars-in-norway-may-push-diesel-rivals-off-top-by-2026
Economists Boost US GDP Forecasts, See Fed Rates Higher for Longer: Economists once again upgraded their forecasts for US growth, spending and employment ...
bloomberg.com/news/articles/2024-04-19/economists-dial-up-us-gdp-forecasts-temper-fed-rate-outlook
Paid articlePaid Dubai Mansion Sales Soar as Wealthy Flock to Palm-Shaped Island: Sales of homes with a price tag of $10 million or more climbed 19% in Dubai during the first ...
bloomberg.com/news/articles/2024-04-16/dubai-mansion-sales-soar-as-wealthy-flock-to-palm-shaped-island
Paid articlePaid Warner: Military equipment will be ‘in transit’ to Ukraine by next week if Biden signs bill
thehill.com/homenews/senate/4609587-warner-military-equipment-will-be-in-transit-to-ukraine-by-next-week-if-biden-signs-bill/
Ukraine aid: Trump relents, now Europe must step up: The new American arms aid is a huge relief for the hard-pressed Ukraine. But no one can rely on this being ...
nzz.ch/international/trump-lenkt-ein-und-unterstuetzt-die-ukraine-jetzt-muss-westeuropa-nachdoppeln-ld.1827299
Quick Glance: Ukraine Aid: Europe Must Step Up
- American military aid brings relief to Ukraine, but doesn't guarantee a turnaround in the defense war.
- Trump's approval remains uncertain, and political support in Washington is volatile.
- Russia's structural superiority and US political volatility call for increased support for Ukraine.
- Defending against Putin's imperialism becomes a long-term task - Europe needs to invest more in defense.
Republican's Stunning Condemnation of GOP Colleagues: 'Scumbags': "They're walking around with white hoods in the daytime," Tony Gonzales, a Texas Republican ...
newsweek.com/tony-gonzales-stunning-condemnation-gop-colleagues-scumbags-1892582
Russia says US support for Ukraine will end as ‘humiliating fiasco’ like ‘Vietnam and Afghanistan’
thehill.com/policy/defense/4610062-russia-says-us-support-for-ukraine-will-end-as-humiliating-fiasco-like-vietnam-and-afghanistan/
Yuan (CNY USD) Usage Making Larger Share of International Payments, Swift Says: The Chinese yuan is accounting for a growing share of international payments ...
bloomberg.com/news/articles/2024-04-18/yuan-usage-extends-global-climb-as-euro-share-slips-swift-says
Finally, America’s Congress does right by Ukraine: Disaster has been dodged. But the political malaise that delayed the Ukraine funding bill remains
economist.com/leaders/2024/04/20/finally-americas-congress-does-right-by-ukraine
Ireland Must Speed Up Planning System on Housing, Makhlouf Warns: Ireland must speed up its planning application system if it is to increase housing supply ...
bloomberg.com/news/articles/2024-04-16/ireland-must-speed-up-planning-system-on-housing-makhlouf-warns
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EXCLUSIVE: Kind Founders Reveal How They're Building A Better Web3 For Creators, Gamers And Communities -
benzinga.com/markets/cryptocurrency/24/04/38327580/exclusive-kind-founders-reveal-how-theyre-building-a-better-web3-for-creators-gamers-and-c
Congress: House passes new aid for Ukraine and votes next on Israel: The House is pushing swiftly through a series of votes in a rare weekend session toward ...
apnews.com/article/ukraine-aid-israel-tiktok-congress-a8910452e623413bf1da1e491d1d94ba
Quick Glance: Ukrainian President Thanks US for Weapon Aid
- Ukrainian President Zelenskyy thanked U.S. political leaders for approving an aid package for Ukraine, providing the country with a chance at "victory" in its defense against Russia.
- The House passed a bill granting Ukraine $60.8 billion in aid, with Zelenskyy urging swift Senate approval to ensure rapid assistance to frontline soldiers.
- Zelenskyy emphasized the critical need for long-range weapons and air defense systems to stabilize the situation and regain the initiative in Ukraine.
- He addressed rumors of a territorial deal with Russia, emphasizing the importance of a strategy based on concrete democratic measures to end the war.
Everything Oil: Future of the Most Versatile Food Oil May Lie in Latin America: The world is facing a growing shortage of its most versatile edible oil ...
bloomberg.com/news/articles/2024-04-14/everything-oil-future-of-the-most-versatile-food-oil-may-lie-in-latin-america
Paid articlePaid America’s interest rates are unlikely to fall this year: That will squeeze financial markets and the world economy
economist.com/leaders/2024/04/17/americas-interest-rates-are-unlikely-to-fall-this-year
Stock Market Today: Dow, S&P Live Updates for April 19: A selloff in the world’s largest technology companies hit stocks, with the industry that has powered the ...
bloomberg.com/news/articles/2024-04-18/stock-market-today-dow-s-p-live-updates
Bitcoin Holds Steady After ‘Halving’ Concludes: Bitcoin price falls slightly after the fourth ‘halving’ event concludes.
barrons.com/articles/bitcoin-ethereum-price-crypto-markets-today-6266eba3
Paid articlePaid Bloomberg Weekend Reading: The Risky Economics of Global Uncertainty: Get caught up.
bloomberg.com/news/newsletters/2024-04-20/bloomberg-weekend-reading-the-risky-economics-of-global-uncertainty
House Votes to Ban TikTok Unless Its Chinese Owner Divests. Aid to Ukraine and Israel Seem Likely.
barrons.com/articles/tiktok-ukraine-israel-house-congress-ca3cfcce
Paid articlePaid
Pharmaceutical giant Bayer is getting rid of bosses and asking nearly 100,000 workers to ‘self-organize’ to save $2.15 billion
fortune.com/europe/2024/04/11/pharmaceutical-giant-bayer-ceo-bill-anderson-rid-bosses-staff-self-organize-save-2-billion/
Paid articlePaid WTO Chief Warns of ‘Free for All’ Under Trump’s Plan to Raise Tariffs: Former President Donald Trump’s plan to raise tariffs on US imports would spark a “free ...
bloomberg.com/news/articles/2024-04-16/wto-chief-warns-of-free-for-all-under-trump-s-tariff-hike-plan
Paid articlePaid ECB Rate-Setters Agree on June Cut But Not Much Else Beyond: There’s one thing European Central Bank officials seem to agree on — that a first cut in interest ...
bloomberg.com/news/articles/2024-04-19/ecb-rate-setters-agree-on-june-cut-but-not-much-else-beyond
Northern and Southern Virginia Cooperate on Climate: Teams from Fairfax and Danville are working on an energy action plan for Southside Virginia
richmond.com/news/state-regional/weather/gmu-danville-climate-plan-energy-students-government/article_1eb7a682-fe8a-11ee-b570-ff8f04c71137.html
Israel Credit Rating Downgraded by S&P on Heightened Geopolitical Risk: Israel was downgraded by S&P Global Ratings, which joined Moody’s Investors Service ...
bloomberg.com/news/articles/2024-04-18/s-p-downgrades-israel-rating-on-heightened-geopolitical-risk
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