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Switzerland Was Correct to Lower Interest Rates, IMF Says: Switzerland’s surprise reduction in borrowing costs last week was appropriate as consumer-price growth ...
bloomberg.com/news/articles/2024-03-28/switzerland-was-correct-to-lower-interest-rates-imf-says
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Bitcoin ETFs Are Making Tax Time More Difficult. How to Navigate the Confusion.: Bitcoin ETFs have contributed to confusion about how to report Bitcoin on your ...
barrons.com/articles/bitcoin-etfs-taxes-3ff72d50
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Foreign Turkey Stock Bears Cut Back on ETF Short Positions: Foreign investors have been cutting down their bets against Turkish stocks, with short positions on ...
bloomberg.com/news/articles/2024-03-28/foreign-turkey-stock-bears-cut-back-on-etf-short-positions
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Daniel Kahneman, Nobel-Winning Psychologist Who Upended Economics, Dies at 90: Daniel Kahneman, a psychologist whose work casting doubt on the rationality of ...
bloomberg.com/news/articles/2024-03-27/daniel-kahneman-psychologist-who-upended-economics-dies-at-90
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Quick Glance: Daniel Kahneman, Pioneer of Behavioral Economics, Dies at 90
- Daniel Kahneman, an Israeli American psychologist and best-selling author, passed away at the age of 90. His award-winning research revolutionized economics and various fields by showcasing how people often abandon logical thinking and jump to hasty conclusions.
- Dr. Kahneman's research debunked the concept of 'homo economicus' and revealed that individuals frequently resort to intellectual shortcuts that lead to misguided decisions.
- He coined the term 'thinking, fast and slow' and illustrated how people are often overly confident, placing excessive faith in their intuitions.
- Kahneman and his colleague Tversky pioneered behavioral economics, applying psychological insights to economic decision-making and influencing behavior in diverse sectors.
Pan-African Group Plans Instant-Payment Systems for 15 Nations: A pan-African group backed by the Bill & Melinda Gates Foundation and the Rockefeller ...
bloomberg.com/news/articles/2024-03-28/pan-african-group-plans-instant-payment-systems-for-15-nations
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PLBY Group, Inc. (PLBY) Q4 2023 Earnings Call Transcript: PLBY Group, Inc. (NASDAQ:NASDAQ:PLBY) Q4 2023 Earnings Conference Call March 27 ...
seekingalpha.com/article/4680878-plby-group-inc-plby-q4-2023-earnings-call-transcript
Rebuilding Baltimore’s Key Bridge will likely take years, experts say: The original construction took five years and cost $316 million in today’s dollars.
washingtonpost.com/dc-md-va/2024/03/27/baltimore-key-bridge-rebuild-timeline/
Quick Glance: Tragedy in Baltimore: Fatal Bridge Collapse and Intensive Investigations
- A cargo ship that lost control and crashed into a bridge in Baltimore had previously undergone engine maintenance in the port, according to the US Coast Guard. Divers retrieved the bodies of two of the six workers who fell into the water, while the search for the others was deemed unsuccessful.
- Investigators commenced gathering evidence from the cargo ship involved in striking the Francis Scott Key Bridge. The victims were from Mexico, Guatemala, Honduras, and El Salvador, with authorities suspecting that the other vehicles with victims were trapped.
China Engineering Ready to Export Desert Mega-Bases to the World: China’s top engineering firm for energy projects says it’s ready to pitch the concept of desert ...
bloomberg.com/news/articles/2024-03-27/china-engineering-ready-to-export-desert-mega-bases-to-the-world
Why the Bond Market Is Closing Early Today: In observance of Good Friday, a religious holiday observed on the Friday before Easter, U.S ...
barrons.com/articles/bond-market-hours-open-close-today-e916d8ad
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Trump evokes more anger and fear from Democrats than Biden does from Republicans, AP-NORC poll shows
bostonherald.com/2024/03/27/trump-evokes-more-anger-and-fear-from-democrats-than-biden-does-from-republicans-ap-norc-poll-shows/
Baltimore Union Fears Loss of 2,400 Jobs After Bridge Collapse: The Baltimore bridge collapse is poised to leave thousands without work and there’s no firm plan ...
bloomberg.com/news/articles/2024-03-27/baltimore-union-fears-loss-of-2-400-jobs-after-bridge-collapse
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US Homebuyers Expecting $10,000 Savings Face Tough Reality: Consumers expecting big savings from a National Association of Realtors’ class-action settlement over ...
bloomberg.com/news/articles/2024-03-24/us-homebuyers-expecting-10-000-savings-face-tough-reality
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Nvidia Catapults Emerging-Markets Stock Picker to Top Spot and Irks Rivals: Lewis Kaufman is, depending on who you ask, a phony or a genius.
bloomberg.com/news/articles/2024-03-27/nvidia-catapults-emerging-markets-stock-picker-to-top-spot-and-irks-rivals
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Japan Really Wants to Build Airplanes, $33 Billion Project Shows: Japan’s trade ministry wants to get the country’s aviation ambitions back up in the air.
bloomberg.com/news/articles/2024-03-27/japan-really-wants-to-build-airplanes-33-billion-project-shows
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Work-Life Balance Replaces Hustle Culture: The live-to-work ethic has flipped. Now people want work-life balance and that’s transforming not just workplaces but ...
bloomberg.com/news/articles/2024-03-27/work-life-balance-replaces-hustle-culture
The Bullish Case for Commodities: If inflation is here to stay, resources are one of the few reliable hedges.
bloomberg.com/news/newsletters/2024-03-27/the-bullish-case-for-commodities
Tankers Haul More Russian Diesel to Brazil Where There’s a Glut: Tankers laden with millions of barrels of Russian diesel are floating off the coast of Brazil — ...
bloomberg.com/news/articles/2024-03-27/tankers-haul-more-russian-diesel-to-brazil-where-there-s-a-glut
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ECB Has Room to Cut Swiftly Despite Wage Rebound, Cipollone Says: The European Central Bank may be able to lower interest rates “swiftly” even as workers receive ...
bloomberg.com/news/articles/2024-03-27/ecb-has-room-to-cut-swiftly-despite-wage-rebound-cipollone-says
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Wage-Cost Savings Cited as Main Reason to Automate in CFO Survey: Companies are adopting automation to replace labor as they seek to reduce costs ...
bloomberg.com/news/articles/2024-03-27/wage-cost-savings-cited-as-main-reason-to-automate-in-cfo-survey
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Emerging Markets Fall With Caution on US Inflation, Yuan Policy: Emerging market stocks and currencies fell on uncertainty over the pace of Federal Reserve rate ...
bloomberg.com/news/articles/2024-03-27/emerging-markets-fall-with-caution-on-us-inflation-yuan-policy
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The Stock Market Is Rallying, Without Help From Big Tech
barrons.com/articles/stock-market-breadth-big-tech-5e711a6a
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Bond Managers Unwind Bullish Futures Bets to Lowest Since July: Asset managers kept unwinding bullish Treasury futures bets ahead of the Federal Reserve’s most ...
bloomberg.com/news/articles/2024-03-26/bond-managers-unwind-bullish-futures-bets-to-lowest-since-july
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Junk Bond Sales in Sterling Surge at Fastest Pace Since 2021: Junk bond sales in sterling have climbed to the highest in years as signs of a UK economic rebound ...
bloomberg.com/news/articles/2024-03-27/junk-bond-sales-in-sterling-surge-at-fastest-pace-since-2021
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Chinese Stocks Erase March Gains as Policy-Driven Rally Falters: Chinese stocks erased their gains for March as earnings disappointments eroded optimism around a ...
bloomberg.com/news/articles/2024-03-27/chinese-stocks-erase-march-gains-as-policy-driven-rally-falters
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Rising Minimum Wage Risks Stoking Inflation, Says CBI Chief: More companies than ever are worried about the consequences of Britain’s rising minimum wage ...
bloomberg.com/news/articles/2024-03-27/rising-minimum-wage-risks-stoking-inflation-says-cbi-chief
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China’s BRI Funding to SE Asia Falls Short by Over $50 Billion: China’s been able to deliver on only a little over a third of its infrastructure spending ...
bloomberg.com/news/articles/2024-03-27/china-s-bri-funding-to-se-asia-falls-short-by-over-50-billion
Banks' Massive Debt Splurge Brings Its Own Looming Dangers: Covered bonds have been a favorite way for lenders to get money as they repay giant Covid loans ...
bloomberg.com/news/articles/2024-03-27/banks-massive-debt-splurge-brings-its-own-looming-dangers
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Swiss Weigh Boosting VAT, Raising Contributions to Fund Pensions: Switzerland’s government is considering increasing mandatory contributions deducted from wages ...
bloomberg.com/news/articles/2024-03-27/swiss-weigh-boosting-vat-raising-contributions-to-fund-pensions
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Fed’s Operating Losses Swelled to Record $114.3 Billion in 2023: The Federal Reserve’s expenses exceeded its earnings in 2023 by $114.3 billion ...
bloomberg.com/news/articles/2024-03-26/fed-s-operating-losses-swelled-to-record-114-3-billion-in-2023
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Aluminum Falls as Metals Rally Runs Ahead of Demand Recovery: Aluminum fell with other industrial metals, as the recent rally in prices runs into a lack of ...
bloomberg.com/news/articles/2024-03-27/aluminum-falls-as-metals-rally-runs-ahead-of-demand-recovery
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China 'Very Close' to Ending Australia Wine Tariffs, Business Lobby Chief Says
bloomberg.com/news/articles/2024-03-27/china-close-to-ending-australia-wine-tariff-business-chief-says
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China’s EV Exports to EU Slump at Start of Year Amid Probe: China’s exports of electric vehicles to European Union countries dropped by nearly a fifth during the ...
bloomberg.com/news/articles/2024-03-26/china-s-ev-exports-to-eu-slump-at-start-of-year-amid-probe
S&P Lowers Outlook on Five Regional Banks, Citing Commercial Property Exposure: Some US regional lenders could see their asset quality and performance hurt by ...
bloomberg.com/news/articles/2024-03-26/us-regional-banks-challenged-by-commercial-property-s-p-says
Billionaire Brothers to Join Brazil Meat Firm JBS Board After Corruption Scandal: Brazilian billionaire brothers Joesley and Wesley Batista were named to the ...
bloomberg.com/news/articles/2024-03-27/jbs-says-batista-brothers-are-set-to-return-to-meat-empire-board
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Americans Are Flocking to Convenience Stores: Wawa, Casey’s, 7-Eleven, and more: With fresh food and fancy drinks, it’s a golden age for c-stores and their ...
barrons.com/articles/wawa-caseys-7-eleven-convenience-stores-retail-stocks-be0b89e2
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Tsingshan Unit Plans Indonesia Battery Plant to Move Up Commodity Supply Chain: The battery unit of Tsingshan Holding Group Co., the world’s top nickel producer ...
bloomberg.com/news/articles/2024-03-26/tsingshan-unit-plans-indonesian-battery-plant-as-trade-frictions-mount
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SEC Insider-Trading Trial Targets Executive's Trades of Rival’s Stock: A lawyer for the US Securities and Exchange Commission told a jury that a former ...
bloomberg.com/news/articles/2024-03-26/sec-insider-trading-trial-targets-exec-who-bought-rival-s-stock
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US Home-Price Growth Picks Up With ‘Healthy Gains’ Across Cities: Home-price growth in the US accelerated at the fastest rate since 2022, increasing pressure on ...
bloomberg.com/news/articles/2024-03-26/us-home-price-growth-picks-up-with-healthy-gains-across-cities
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K-Pop Investing: How to Buy Stocks in South Korea Companies YG, SM, JYP, Hybe: Dating drama and breakup news add to the risks of investing in the companies ...
bloomberg.com/news/articles/2024-03-26/k-pop-investing-how-to-buy-stocks-in-south-korea-companies-yg-sm-jyp-hybe
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Irish Economy Forecast to Return to Growth, Easing Drag on Eurozone: The eurozone economy may be freed of a headwind that enfeebled growth in 2023 ...
wsj.com/economy/irish-economy-forecast-to-return-to-growth-easing-drag-on-eurozone-6355de20
Short Sellers Bet That Crypto Stock Rally Won’t Last (COIN, MSTR): Short sellers are still betting billions of dollars that the rally in cryptocurrency-linked ...
bloomberg.com/news/articles/2024-03-26/short-sellers-bet-11-billion-that-crypto-stock-rally-won-t-last
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US Consumer Confidence March 2024: Conference Board Gauge Held Steady: US consumer confidence held steady in March as Americans were sanguine about their current ...
bloomberg.com/news/articles/2024-03-26/us-consumer-confidence-holds-steady-while-outlook-deteriorates
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PGIM’s Greg Peters Sees Shift Toward Higher Bond Yields: Treasury bonds staged a relief rally last week after Federal Reserve policymakers sent reassuring ...
bloomberg.com/news/articles/2024-03-26/pgim-bullet-proofs-bond-portfolios-as-traders-party-on-after-fed
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Ailbhe Rea: Dangerous Liaisons: Hi there, I’m Ailbhe Rea, a Bloomberg UK Associate Editor and Readout author. Hope you enjoy today’s newsletter.
bloomberg.com/news/newsletters/2024-03-26/ailbhe-rea-dangerous-liaisons
US Durable Goods Orders Rise for First Time in Three Months: New orders placed with US factories for durable goods rose in February for the first time in three ...
bloomberg.com/news/articles/2024-03-26/us-durable-goods-orders-rise-for-first-time-in-three-months
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Viking Therapeutics Posts Promising Weight-Loss Data as Cost Worries Escalate: Two recent sets of data from Viking Therapeutics set it up as a serious challenger ...
on.barrons.com/43BRooU
Centrica Boosted CEO Pay as Families Struggled With Energy Debt: The Chief Executive of Centrica Plc got a bumper pay raise last year while millions of ...
bloomberg.com/news/articles/2024-03-26/centrica-boosted-ceo-pay-as-families-struggled-with-energy-debt
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PaySign, Inc. (PAYS) Q4 2023 Earnings Call Transcript: PaySign, Inc. (NASDAQ:NASDAQ:PAYS) Q4 2023 Earnings Conference Call March 26, 2024 5:00 PM ETCorporate ...
seekingalpha.com/article/4680633-paysign-inc-pays-q4-2023-earnings-call-transcript
Algeria Bourse Posts Sevenfold Jump in Market Cap After Bank IPO: Algeria’s main stock market swelled sevenfold on Tuesday, approaching a $4 billion market ...
bloomberg.com/news/articles/2024-03-26/algeria-bourse-posts-sevenfold-jump-in-market-cap-after-bank-ipo
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‘Post-Crash’ Market for EM Corporates Seen Luring Global Traders: Emerging-market corporate debt is poised to see a comeback as default risks fade and markets ...
bloomberg.com/news/articles/2024-03-26/-post-crash-market-for-em-corporates-seen-luring-global-traders
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Oregon prison watchdog says Tina Kotek’s top aides and corrections department stonewall him
oregonlive.com/politics/2024/03/oregon-prison-watchdog-says-tina-koteks-top-aides-and-corrections-department-stonewall-him.html
El Granada man gets 7 years in prison for crash that killed Apple software engineer
mercurynews.com/2024/03/27/el-granada-man-gets-7-years-in-prison-for-crash-that-killed-apple-software-engineer/
Is Alex Murdaugh lying about missing assets? Feds say polygraph indicates he is.: Federal authorities said they don't think Murdaugh is being honest about $6 ...
postandcourier.com/murdaugh-updates/alex-murdaugh-polygraph-missing-money/article_c51483d4-ebb5-11ee-8951-bbfe62864988.html
Holyoke Soldiers’ Home ex-superintendent pleads guilty to neglect: The former superintendent of the Holyoke Soldiers Home, where 76 veterans died in the early ...
bostonherald.com/2024/03/26/holyoke-soldiers-home-ex-superintendent-pleads-guilty-to-neglect/
India Making Mistake Believing ‘Hype’ About Growth, Rajan Says: India is making a big mistake believing the “hype” around its strong economic growth since there ...
bloomberg.com/news/articles/2024-03-26/india-making-mistake-believing-hype-about-growth-rajan-says
Will Hispanic voters hand Donald Trump the presidency?: Our weekly podcast on democracy in America. This week, we consider Joe Biden’s fortunes with Latinos
economist.com/podcasts/2024/03/22/will-hispanic-voters-hand-donald-trump-the-presidency
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Chuck Todd Elaborates On Why NBC Shouldn't Have Hired Ronna McDaniel: In a social media post, the NBC newsman said honest journalists shouldn't have to "lend ...
huffpost.com/entry/chuck-todd-x-ronna-mcdaniel_n_660209a3e4b079ac3ef1ed54
Quick Glance: NBC ends association with former RNC head Ronna McDaniel
- NBC News severed ties with former Republican National Committee chief Ronna McDaniel on Tuesday, shortly after bringing her on board as a political contributor on air.
- The decision came in response to a strong backlash from some of the network's journalists and commentators.
- McDaniel learned about her job termination through media reports rather than directly from NBC.
- The hiring and subsequent swift termination of McDaniel sparked public protests within the NBC network and beyond.
Megadeals Make a Comeback to Power $660 Billion M&A Revival: A rush of megadeals is powering a rebound in mergers and acquisitions, bringing some much-needed ...
bloomberg.com/news/articles/2024-03-26/megadeals-make-a-comeback-to-power-660-billion-m-a-revival
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Closing Gender Pay Gap Will Take a Rethink of Senior Roles, WGEA Says: Australian employers need to rethink what it takes to be a senior leader in order to ...
bloomberg.com/news/articles/2024-03-26/closing-gender-pay-gap-will-take-a-rethink-of-senior-roles-wgea-says
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Nearly $2 billion is up for grabs as Mega Millions and Powerball jackpots soar: The stars have aligned in the lottery universe like never before ...
bloomberg.com/en/news/thp/2024-03-25/nearly-2-billion-up-for-grabs-as-mega-millions-and-powerball-jackpots-soar
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Quick Glance: Strategies for Powerball and Mega Millions: Tips for Choosing Numbers
- Nicholas Kapoor unexpectedly won the Powerball lottery and used it as a teaching tool.
- The odds of winning Powerball and Mega Millions are extremely slim.
- It is recommended to choose random numbers or Quick Picks to increase chances of winning.
- Playing less popular lotteries can increase the odds of winning, but the prizes are smaller.
BOE’s Mann Says Markets Pricing Too Many UK Rate Cuts This Year: Bank of England policy maker Catherine Mann said financial markets are pricing in too many ...
bloomberg.com/news/articles/2024-03-26/boe-s-mann-says-markets-pricing-too-many-uk-rate-cuts-this-year
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ECB’s Muller Says Data May Confirm Inflation Slowdown for June: European Central Bank Governing Council member Madis Muller said data over the coming weeks may ...
bloomberg.com/news/articles/2024-03-26/ecb-s-muller-says-data-may-confirm-inflation-slowdown-for-june
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Cocoa Tops $9,000 Mark for First Time on Global Supply Crunch: Cocoa extended its surge — gaining more than $700 per ton in a single day and surpassing $9 ...
bloomberg.com/news/articles/2024-03-25/cocoa-tops-9-000-as-supply-fears-keep-sparking-fresh-records
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10 New Sauvignon Blancs to Discover: Wine Buying Guide: Here are 10 bottles across all price points to drink now.
bloomberg.com/news/articles/2024-03-26/10-new-sauvignon-blancs-to-discover-wine-buying-guide
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Consumer Lender Curo Goes Bankrupt as Debt Pile Takes Toll: Consumer lending conglomerate Curo Group Holdings Corp. and affiliates filed for bankruptcy after ...
bloomberg.com/news/articles/2024-03-25/consumer-lender-curo-goes-bankrupt-as-debt-pile-takes-toll
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Argentina Wages Suffer Record Drop After Javier Milei Devalues Peso (ARS USD): Private-sector wages in Argentina fell the most in nearly three decades after ...
bloomberg.com/news/articles/2024-03-26/wages-in-argentina-suffer-record-drop-after-milei-devalues-peso
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Australia Plans First Stress Test of Financial System in 2025 to Gauge Shocks: Australia’s financial regulator is planning a system-wide stress test to gauge the ...
bloomberg.com/news/articles/2024-03-25/australia-plans-first-stress-test-of-financial-system-in-2025
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Russia, China Ships Face Red Sea Risks Despite Houthi Pact; Egypt's Crisis - Bloomberg
bloomberg.com/news/newsletters/2024-03-25/russia-china-ships-face-red-sea-risks-despite-houthi-pact-egypt-s-crisis
The Trader Bacon Show | March 25th, 2024: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1ZkJzjEZPrZJv
US Announces $6 Billion to Clean Up Heavy Manufacturing: The Biden administration is awarding about $6 billion in grants to help cut emissions from metals ...
bloomberg.com/news/articles/2024-03-25/us-announces-6-billion-to-clean-up-heavy-manufacturing
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Fed’s Bostic Repeats Expectation of Just One Rate Cut This Year: Federal Reserve Bank of Atlanta President Raphael Bostic reiterated his expectation for one ...
bloomberg.com/news/articles/2024-03-25/fed-s-bostic-repeats-expectation-of-just-one-rate-cut-this-year
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X Is Losing Users and Struggling to Attract Creators, According to New Data: X use is down nearly 20% from last year, and a new report says that paid creators ...
entrepreneur.com/business-news/x-is-losing-users-facing-creator-challenges-with-less-money/471638
Home Prices Likely Climbed in January. Where They’re Headed.: A low supply of homes for sale will help boost prices.
barrons.com/articles/home-prices-likely-climbed-in-january-9a3f3824
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Fed’s Goolsbee Sees Three Rate Cuts This Year as Inflation Cools: Federal Reserve Bank of Chicago President Austan Goolsbee said he is among policymakers ...
bloomberg.com/news/articles/2024-03-25/fed-s-goolsbee-sees-three-rate-cuts-this-year-as-inflation-cools
Bitcoin (BTC) Tops $70,000 Again After Slumping on US ETF Outflows: Bitcoin enthusiasts appear to be shrugging off last week’s outflows from US exchange-traded ...
bloomberg.com/news/articles/2024-03-25/bitcoin-tops-70-000-again-after-slumping-on-us-etf-outflows
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US New-Home Sales Eased in February, Suggesting Uneven Recovery: New-home sales in the US unexpectedly fell in February for the first time in three months ...
bloomberg.com/news/articles/2024-03-25/us-new-home-sales-eased-in-february-suggesting-uneven-recovery
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Gasoline Prices to Hit At Least $4 Per Gallon, Highest Since 2022: Pump prices this summer are set to climb to the highest since the summer of 2022 — to $4 a ...
bloomberg.com/news/articles/2024-03-25/summer-pump-prices-set-to-hit-4-a-gallon-just-as-americans-hit-the-road
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Intrum Creditors Split, With a Group Picking Weil for Debt Talks: Bondholders of Intrum AB who considered teaming up for debt talks with the Swedish company have ...
bloomberg.com/news/articles/2024-03-25/intrum-creditors-split-with-a-group-picking-weil-for-debt-talks
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Debt Collector Intrum Says It Has Cash to Pay Looming Maturities: One of Europe’s biggest debt collectors, Intrum AB, said talks with creditors will kick off in ...
bloomberg.com/news/articles/2024-03-25/debt-collector-intrum-says-it-has-cash-to-pay-looming-maturities
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How AI Could Rebuild America’s Middle Class: What if new technology helps workers, instead of hurting them?
bloomberg.com/news/articles/2024-03-25/how-ai-could-rebuild-america-s-middle-class
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