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Biden’s America is doing fabulously well
The Day· 23 hours agoLife is not perfect in Joe Biden's America, but when was it ever perfect? Just looking at the numbers, though, things are pretty great. Stock prices are hitting record highs. Higher prices remain a concern for many, but inflation has much moderated.
Why the Far Right Is No Longer an Existential Threat to Europe
The Wall Street Journal· 5 hours agoYet even if it defies Brussels, the RN’s room for maneuver remains circumscribed by the euro. French...
Poland leads the region in defense spending
The Forex Market· 56 minutes agoToday at 10AM, Poland will release PPI, industrial production and wage growth. Tomorrow, Slovenia will publish their PPI. In Croatia, unemployment rate...
Swiss Trade Surplus Grows To CHF 4.1 Bln
RTT News· 2 hours agoSwitzerland's foreign trade surplus rose to CHF 4.1 billion in May from CHF 3.8 billion in April. Both exports and imports slid by 3.5 percent and 4.3 percent, respectively.
Glynn’s Take: Recession Fears Keeping RBA’s Bullock Awake at Night
The Wall Street Journal· 4 hours agoIn coldly economic terms, a recession is simply two consecutive quarters of contracting GDP growth....
Retail Sales Confirm Continued Consumer Spending Pullback
The Conference Board· 2 days agoNominal retail sales edged up by 0.1 percent in May following a 0.2 percent decline in April. Real retail sales (i.e., sales adjusted for inflation) also rose by 0.1 percent in May after a dramatic 0.5 percent decline in April.
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 22 hours ago“Ultimately, the key driver of labor demand is economic activity, and GDP growth has slowed...
How Nvidia took over the world – and where it goes from here
The Independent US via AOL· 15 hours agoThis would take its market value close to $5 trillion. The forecast is based on Nvidia’s anticipated...
VIEW Swiss central bank delivers another rate cut
Reuters· 35 minutes agoThe Swiss National Bank cut interest rates on Thursday, maintaining the central bank's position as a frontrunner in a global policy easing cycle now...
Can The AI Boom Outrun Budget Deficits — And Save The S&P 500?
Investor's Business Daily· 2 days agoThe economy faces serious constraints as the federal debt swells. AI could help by fueling...