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Morning Bid: PCE test for nervy markets
Reuters via Yahoo Finance· 5 days agoThe Federal Reserve's favored PCE inflation gauge is due out early on Friday. Consensus forecasts for a 0.3% monthly increase in the core measure and...
Opinion | Era of freewheeling finance leading economic growth may soon be over
South China Morning Post· 5 days agoThe issue is less about capitalism vs socialism, because some capitalist countries are turning...
Britain's income growth has lagged behind other countries under Conservative rule, according to a...
Weston Forum· 4 days agoAs the campaign for the July 4 election focused largely on the economy, the non-partisan Institute...
China’s economic model retains a dangerous allure
The Economist· 2 days agoTwenty years ago Joshua Cooper Ramo, a consultant, first wrote about the “Beijing consensus”. The Washington consensus of financial liberalisation, floating currencies and openness to foreign ...
Morning Bid: PCE test for nervy markets
Reuters· 5 days agoThe Federal Reserve's favored PCE inflation gauge is due out early on Friday. Consensus forecasts for a 0.3% monthly increase in the core measure and...
EMEA Morning Briefing: Shares Set to Gain Amid Rate-Cut Hopes
Morningstar· 2 days agoMARKET WRAPS Watch For: Manufacturing PMI for EU, Germany, France, Italy, UK; no major corporate updates expected Opening Call: Shares are poised to start higher in Europe on Monday. In Asia, stock benchmarks were mixed; Treasury yields
What happens when a Labour Britain meets a semi-fascist Europe?
The Telegraph via Yahoo News· 6 days agoBritain has joined the Pacific trade pact (CPTPP), the world’s biggest and fastest-growing free...
Servants of the Tech Moguls?
The Dispatch via Yahoo News· 4 days agoThese “cloudalists”—a reference to the “cloud” server and data center infrastructure of the internet they dominate—generate wealth by extracting “cloud...
Michael Hudson: Modern (Mis)interpretations of Ancient Debt Cancellation | naked capitalism
Naked Capitalism· 6 days agoModern economists misrepresent how ancient debt cancellation worked, forcing it into contemporary neoliberal /creditor rights frameworks
EU’s wobbly budget rules can bolster shaky economy
Reuters· 2 days agoEurope’s new budget rules can work only if Brussels can stretch them. 11 countries including France, Italy and Belgium, posted 2023 deficits above 3% of...