The Week in Business: Robinhood Fizzled as Silicon Valley Sizzled The stock-trading app Robinhood had a weak stock market opening, while Silicon Valley companies continued to set new earnings records.
Delta variant and high prices cannot keep the US consumer down The recovery has proven resilient due to the willingness of Americans to spend
‘The global supply chain wasn’t built for this’: freight delays hammer US Ports, rail yards and warehouses are straining to meet roaring consumer demand as economy recovers
Rich countries need to share the IMF’s $650bn gift Special drawing rights should be given to low-income nations to help them fight Covid and climate change
Investors Are Betting Price Pressures Will Ease Inflation has vexed money managers this year, yet markets are starting to signal that investors may be growing less fearful of price trends.
Fired Executive Says Deutsche Bank's DWS Overstated Sustainable-Investing Efforts Bank’s asset management arm says its environmental, social and governance standards are above industry average, but behind closed doors, it has struggled to define and implement an ESG strategy, according to its former sustainability chief and internal emails and presentations.
Can Paramount+ Succeed? One Producer Hopes to Make It So. “He’s our future,” one CBS Studios executive said of Alex Kurtzman, who has a lucrative contract to expand the “Star Trek” universe — and with it the streaming service’s audience.Alex Kurtzman’s five-and-a-half-year deal with CBS Studios is valued at $160 million.
Will US jobs numbers maintain their upward momentum? Market Questions is the FT’s guide to the week ahead
Central bank rundown as GBPJPY upside opens up GBPJPY upside looks promising Up until this weeks meeting there had been two up beat central bank meetings from the Bank of England. It could have been anticipated that this would really have increased the odds of a hawkish twist from the BoE.
Mexican Peso Weekly Forecast: USD/MXN Back Within Key Range as USD Flops USD/MXN drops back into its recent range as investors await further guidance from economic data.
Who is the Real Culprit? There is a serious question arising and that is if Klaus Schwab has been manipulated by Bill Gates? I know for an ABSOLUTE FACT that Schwab was vaccinated in February 2021.
Totally Fixed Where We Are – Marsh Family The post Totally Fixed Where We Are - Marsh Family first appeared on Armstrong Economics.
'Purge' Movie Shooting: 2 Dead in Random Attack, Officials Say Anthony Barajas, who was popular on TikTok, and Rylee Goodrich were each shot in the head at a theater in Corona, Calif., in what the district attorney said was an unprovoked attack.Employees cleaning an auditorium at a Corona, Calif., theater found two people with gunshot wounds to their heads on Monday, the authorities said.
Euro Forecast: EUR/USD Advance Should Continue After Strong Economic Data Last week's march higher in EUR/USD may well extend further after Friday's Eurozone economic statistics that will likely turn the ECB more hawkish on monetary policy.
Taxi and food discounts offer to boost youth jabs The government's latest vaccine drive comes as 67% of 18 to 29-year-olds in England have had a first jab.
Void if vague I am used to prosecutors saying something to the effect that, “The law is clear, one must not do X, Y and Z.” After all, one cannot expect people to adhere to laws that are so vague that’s it is not even clear what sort of actions are in violation of the statute.
‘Lenders won’t touch us - my home’s worth nothing' Campaigners say government attempts to unlock parts of the property market paralysed by the cladding crisis have stalled.
Heatwave risk from plans to convert shops to homes Turning more commercial property into homes raises fears of sub-standard conditions, says a report.
Covid: One in five firms plan job cuts as furlough tapers - survey From Sunday, government payments reduce to 60% towards salaries, with employers paying 20%.
Robinhood Sold IPO Shares to Over 300,000 of Its Customers Users representing about 1.3% of the company’s funded accounts participated in Robinhood’s initial public offering earlier this week, according to numbers provided by the online brokerage.
Former Fed Advisor Danielle DiMartino Booth Talks US Economy, Women in Finance ＆amp; Trading American economist and former advisor at the Dallas Federal Reserve Danielle DiMartino Booth sits down for a conversation about the US economy.
Weekend data - China PMI Manufacturing 50.4 (expected 50.8, prior 50.9) Non-manufacturing 53.3 (exp 53.3, prior 53.5) China's National Bureau of Statistics released the data on Saturday, the result for manufacturing is its lowest since February 2020 but still in expansion.
Saturday assorted links 1. Markets in everything. 2. “Perhaps they are everywhere? Undetectable distributed quantum computation and communication for alien civilizations can be established using thermal light from stars.”
Eviction Moratorium Set to Lapse as Biden Aid Effort Falters The administration made a last-ditch, failed appeal to Congress to extend the moratorium to buy more time to fix a dysfunctional rental aid program.Sheriff’s deputies speaking with an apartment manager about an apartment with an eviction order in Los Angeles.
*The Deep Places: A Memoir of Illness and Discovery* That is the new forthcoming Ross Douthat book, focusing on his struggles with Lyme disease. It is very much a memoir, starting with talk of Connecticut, deer, and his family’s dream house, all leading to an unfortunate bite from a tick. Visits to many doctors ensue, motivated by chronic pain and weakness.
What should I ask Claudia Goldin? I will be doing a Conversation with her, so what should I ask? Here is part of her Wikipedia page, which perhaps ought to have emphasized economic history more?:
US Dollar Fundamental Forecast: US Non-Farm Payrolls in Focus After FOMC Week The US Dollar slipped last week after the Federal Reserve calmed taper timeline talks. Friday's non-farm payrolls figure may rekindle upside USD bets if impressive.
A Popular Bet on Chinese Growth Is Falling Out of Favor China’s role as a key driver of the Australian dollar is being re-evaluated in global markets, helping send the currency to levels well below where traditional modeling suggests it should be.
Behind the Rise of U.S. Solar Power, a Mountain of Chinese Coal The West’s transition to renewable energy relies heavily on China’s low-cost, high-emissions industry, and governments and companies are looking for changes at the source.
‘This Could Have Been a Zoom Meeting:’ Companies Rethink Travel Before business travel fully takes off again, some companies are taking steps to rein it in.