adminNew unproductive forces: the Chinese youth owning their unemployment
By Laurie Chen BEIJING (Reuters) – After quitting the education industry last August due to China's crackdown on private tutoring, He Ajun has found an unlikely second life as an…
Oil extends losses on prospect of higher OPEC+ supply
By Florence Tan SINGAPORE (Reuters) – Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish…
Pimco, GMO Refine EM Playbook as Fed Cuts Set to Shake Up Market
(Bloomberg) — Top-performing emerging-market bond managers are recalibrating positions as the most anticipated US interest rate cut in decades brings fresh impetus to an asset class buffeted by nearly $15…
Kyle Bass Says Blackballing Oil Was Always a Lost Cause for ESG
(Bloomberg) — One of the most contentious investing strategies on Wall Street might be a lot less beleaguered right now if its defenders had shown a bit more moderation from…
Why Starbucks’ new super-commuting CEO should run Gap CEO’s playbook
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…
Crucial September jobs report kicks off a new month: What to know this week
After a whipsaw month of market action, the S&P 500 (^GSPC) logged its fourth-straight winning month to end August. For the month, the S&P 500 added nearly 2.3% while the…
Why investors turn to ETFs during times of market stress
Market volatility often prompts investors to kick the tires on their portfolio, which for US investors has often meant turning to exchange traded funds, or ETFs, to refresh positions or…
Guyana Raises Growth Estimates to 43% as Oil Production Surges
(Bloomberg) — President Irfaan Ali raised estimates for Guyana’s yearly growth to 42.8% from a prior 34.8%, as he projects “ramped up” investments from the public and private sectors. Most…
US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation
(Bloomberg) — Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for further interest-rate reductions after an all-but-certain…
Harris, Trump, and their allies have roughly $1 billion. Now the race is on to spend it.
Kamala Harris and Donald Trump have war chests overflowing with nearly a billion dollars (at least) as they enter the final phase of the 2024 campaign. Now the sprint begins…
