Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly higher after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US…
Tag: Economy
China’s economy skids as lockdowns hit industries and retailers | BusinessNews | WION
> China’s economy skids as lockdowns hit industries and retailers | BusinessNews | WION – YouTube新功能 .
Tiger Global: the hungry hedge fund | FT Big Deal
> Tiger Global: the hungry hedge fund | FT Big Deal – YouTube新功能 .
Covid has hit China’s economy harder than expected
The world’s second largest economy reported shocking drops in retail sales and factory production, widely missing market expectations. Retail sales contracted 11.1% in April from a year ago, according to China’s National Bureau of Statistics on Monday. That was well below the 6.1% drop forecast in a Reuters survey of economists, and also much lower…
Rising gas and food prices fuel frustration over inflation
> Rising gas and food prices fuel frustration over inflation – YouTube新功能 .
Inflation, stagflation and why so many Australians are in trouble
> Inflation, stagflation and why so many Australians are in trouble – YouTube新功能 .
US pilot shortage forces airlines to cut flights, scramble for solutions
Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia. Anna Moneymaker | Getty Images The United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic. The crisis…
The SEC climate change rule sidesteps Congress and voters
The Securities and Exchange Commission’s recently proposed rule is so complex and far-reaching it could reorient the entire US financial system into one that prioritizes climate change over financial soundness. The rule risks turning the SEC into a quasi-environmental agency in which climate “experts” have greater influence than financial regulators focused on preventing fraud and…
Book Review: Billions: How a Gang of Wall Street Renegades Invented the Index Fund and Changed Finance Forever by Robin Wigglesworth
In Billions: How a Gang of Wall Street Renegades Invented the Index Fund and Changed Finance Forever, robin wigglesworth explores the rise of the index fund as an invention unlike any other in recent financial history. Taking the reader on a road trip through the history of financial markets, this readable book will be enjoyed…
Political campaigns are secretly talking to PACs | Economics on Tap | Make Me Smart #663
> Political campaigns are secretly talking to PACs | Economics on Tap | Make Me Smart #663 – YouTubeYouTube .