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Biden’s America is doing fabulously well
The Day· 21 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.
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.
Glynn’s Take: Recession Fears Keeping RBA’s Bullock Awake at Night
The Wall Street Journal· 2 hours agoIn coldly economic terms, a recession is simply two consecutive quarters of contracting GDP growth....
Why the Far Right Is No Longer an Existential Threat to Europe
The Wall Street Journal· 3 hours agoYet even if it defies Brussels, the RN’s room for maneuver remains circumscribed by the euro. French...
How Nvidia took over the world – and where it goes from here
The Independent US via AOL· 14 hours agoThis would take its market value close to $5 trillion. The forecast is based on Nvidia’s anticipated...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 20 hours ago“Ultimately, the key driver of labor demand is economic activity, and GDP growth has slowed...
Labour will put us on the road to serfdom
The Telegraph via Yahoo News· 2 hours agoTwo weeks from polling day, with the manifestos out and the first postal votes already trickling in, the Labour Party is busy engaging in a public debate...
Gambling on Democracy
The Dispatch via Yahoo News· 9 hours agoHe’s four years older too, and appears confused at times in his public appearances at an unnervingly regular rate. Intangibles like the “soul of the...
Fitch Ratings Raises India's 2024/25 GDP Forecast to 7.2%
US News & World Report· 2 days agoIndia is expected to grow by 7.2% in the current fiscal year, stronger than earlier expected, with its central bank opting for just a one-quarter-point rate cut in that period, Fitch Ratings ...
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...
