adminIsrael’s Inflation Jumps More Than Expected as War Continues
(Bloomberg) — Israel’s inflation accelerated more than expected last month, to 3.6% year on year, as the war in Gaza strains the economy and the government’s spending soars. Most Read…
Hasbro CEO goes all in on kidults and gaming
This is The Takeaway from today's Morning Brief, which you can sign up to receive in your inbox every morning along with: The chart of the day What we're watching…
Chinese stock traders ponder just how bad the economy can get
(Bloomberg) — A slew of poor economic data from China is deepening pessimism among equities traders wondering what it’d take for authorities to initiate forceful stimulus. Most Read from Bloomberg…
World Braces for Fed Easing Amid 36-Hour Rate Rollercoaster
(Bloomberg) — The world economy’s tectonic plates will shift this week when a US easing cycle begins, just as officials from Europe to Asia set policy against a backdrop of…
Author Q&A: The challenges of aging in America
Worried about getting old, outliving your money, or loneliness? You’ve got plenty of company. By 2030, 1 in 5 Americans will be 65 or older, and by 2050, the US…
Nearly 30% of US Gulf of Mexico oil output offline after storm
HOUSTON (Reuters) – Nearly 30% of U.S. Gulf of Mexico crude oil production and 41% of its natural gas production remained offline on Saturday following Hurricane Francine, the U.S. offshore…
The 5 most important economic questions CEOs still have for Harris and Trump
Inspect the websites of Kamala Harris and Donald Trump, and you’ll find vague, skimpy descriptions of their policy positions, especially economic policy positions. It wasn’t ever thus. Candidates of both…
Salvagers launch new attempt to tow an oil tanker blown up by Yemen’s Houthi rebels
DUBAI, United Arab Emirates (AP) — A new attempt has begun to try to salvage an oil tanker burning in the Red Sea after attacks by Yemen’s Houthi rebels, a…
Biden-Harris cracks down on Shein, Temu as retailers prepare for more tariffs with Trump
The Biden-Harris administration is cracking down on a popular loophole used by Chinese retailers while US companies prepare for the possibility of more tariffs after the 2024 election. On Friday,…
Wall Street Refuses to Kick Risk Addiction in Big Bet on the Fed
(Bloomberg) — Time and again, Wall Street’s risk-taking brigade has turned a deaf ear to Federal Reserve policy machinations and shifting economic sentiment in the bond market. Most Read from…
