Hints and tips:
Related Special Reports
...The US presidential election primary roadshow has pitched up in Michigan and later that day the voting begins....
...If economists themselves are keen to have more impact, a recent post by Jed Kolko, a former official at the US Department of Commerce, gave examples of work he found handy while in government....
...The president took the action ahead of a trip to Michigan on Thursday, where the Arab-American community has warned the White House that many residents would oppose his re-election because of his support...
...The suspension was announced on the eve of a trip by US president Joe Biden to Michigan....
...UK business sentiment: The British Chambers of Commerce publishes its quarterly economic survey....
...The Michigan economists also stress in their conclusion that even though the impact is more powerful it “does not follow that central banks can rely on whatever-it-takes policy in future crises”....
...The bank said it had committed more than $200mn to the city over the past 10 years. Stellantis began building a new Jeep factory in Detroit in 2019, its first in nearly 30 years....
...consumer confidence survey Japan: latest monetary policy decision plus outlook report UK: monthly insolvency statistics for England and Wales, plus GfK consumer confidence survey US: revised University of Michigan...
...Chart of the day The latest FT-Michigan Ross poll finds American voters are blaming Joe Biden less for inflation....
...He also has a $200mn stake in Axos, an online-only bank that is one of Trump’s largest direct lenders, making him the group’s biggest shareholder. The auto lender is used to doing risky business....
...The US Chamber of Commerce has already filed a lawsuit alleging that the FTC overstepped its authority and further legal challenges are expected....
...The latest FT-Michigan Ross poll says as much. Now for US businesses. Higher interest rates are increasingly having an impact....
...bank has said. 5....
...Shenzhen’s commerce bureau and BYD did not immediately respond to a request for comment....
...Gourinchas said the European Central Bank and the Bank of England could cut rates sooner because they did not face such a “strong demand-driven component of inflation”....
...Digital commerce only continues to proliferate, making it increasingly lucrative to be a toll collector. But ambitious deals in financial services are never easy to pull off....
...Here’s more of the results from the latest FT-Michigan Ross poll....
...staff a good wage . . . but there is a limit to how much new cost firms can absorb, before they have to start passing it on,” said Jane Gratton, deputy director of public policy at the British Chambers of Commerce...
...A Russian court ordered the seizure of $440mn from JPMorgan Chase after state-owned lender VTB filed a lawsuit to “recover losses” from the largest US bank....
...“Most economists believe that the central banks of major developed economies will start . . . interest rate cuts,” said Wang Chunying, SAFE’s spokesperson, indicating that this could lessen the chance of...
...“People are still living with high prices, and that is something that people don’t like,” Fed chair Jay Powell acknowledged last week after the central bank’s most recent rate-setting meeting....
...The Federal Reserve should be required to stress test US banks’ ability to “withstand a potential sudden loss of market access to China”, according to a congressional committee....
...In the swing state of Michigan, 100,000 Democrats voted “uncommitted” in the party’s recent primary as a protest against US support for Israel....
...One of its main USPs is the messaging function — through which the wheels of a LOT of global financial commerce are greased....
...Jeremy Kress, an assistant professor of business law at the University of Michigan Ross School, said that it was “nonsense” to say that banks could not afford to lend if they had higher capital requirements...
International Edition