Tops News- Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
- Biden debate flop leads Democrats to call for new nominee — but replacing him is tough to do
- Nike CEO John Donahoe comes under fire as stock sees worst day on record
- New York Times editorial board urges Biden to drop out of presidential race
- JPMorgan and Morgan Stanley boost buybacks and dividends, while Citigroup and BofA take smaller steps
- Student loan payments go on pause for millions of borrowers
- Supreme Court rejects bid by former Trump aide Steve Bannon to avoid jail in Jan. 6 contempt case
- DJT shares close down nearly 11% after Biden stumble in Trump presidential debate
- Tech founders are shunning IPOs after extended market lull, survey finds
- Chevron doctrine overturned: Republicans, big business praise Supreme Court decision
- Economic Calendar & News
- Canada's economy expands 0.3% in April; another gain seen in May
- U.S. inflation slows as expected in May
- UK economy picks up in early 2024, too late for election boost
- German unemployment rises more than expected in June, labour office says
- South Korea May factory output -1.2% m/m, misses forecast
- Japan May jobless rate unchanged at 2.6%, job availability down
- Tokyo CPI up slightly in June; underlying inflation lags
- Tokyo June core CPI rises 2.1% yr/yr
- Analysis-Bolivia coup fiasco lays bare a divided country in political, economic crisis
- Brazil creates fewer formal jobs than expected in May
- Economy
- Financial crimes watchdog removes Turkey from money laundering 'gray list'
- Western clothing craze sends sales of denim dresses and skirts soaring, Levi Strauss says
- Key Fed measure shows inflation rose 2.6% in May from a year ago, as expected
- There's a big Fed inflation reading coming Friday. Here's what to expect
- Trade feuds aside, Chinese firms are committed to the U.S. market, survey shows
- Fed Governor Bowman says she's still open to raising rates if inflation doesn't improve
- IMF chief says Europe looks like 'an ideas supermarket' for the U.S., calls for further integration
- Bank of England keeps rates at 5.25% in 'finely balanced' decision; traders lift bets for August cut
- Switzerland makes second interest rate cut as major economies diverge on monetary policy easing
- These groups help people of color and the LGBTQ+ community find a ‘radically inclusive space’ in the outdoors
Monthly Archives: May 2017
Charts of the Day – May 23, 2017
U.K. general election will be taking place in two weeks, on June 8, 2017. Below is a list of final candidates. Here are several key issues for the U.K. and each of the candidates expressed their views on them. While Theresa … Continue reading
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Charts of the Day – May 15, 2017
The media has been discussing the potential schedule and scale of the Fed’s balance sheet normalization these days. So for major central banks, how enormous are their balance sheets and how high are their leverage ratios (Liabilities/Capital)? For the U.S. Federal … Continue reading
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Market Commentary – May 12, 2017
U.S. stocks finished mostly lower on Friday as market participants digested a series of weak retail earnings results and mixed economic data. The Dow Jones industrial average dropped 22.81 points (-0.11%) to close at 20,896.61, largely driven by losses from Goldman … Continue reading
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Market Commentary – May 19, 2017
U.S. equities finished higher on Friday as investors digested concerns about Donald Trump’s presidency and remained cautiously optimistic towards the low impeachment odds against him. The Dow Jones industrial average jumped 141.82 points (0.69%) to settle at 20,804.84, mostly driven by gains … Continue reading →