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...One reason, he said, was the bombshell ruling by Germany’s constitutional court in November that upset the government’s spending plans by striking down its use of off-budget funds....
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...Down from 175x, but still . . . You can read the full FPC report here....
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...That is to say, while overall core PCE inflation has slowed down nicely, much of that has been driven by goods deflation, and PCE services inflation looks less settled....
...The development has helped drive the unemployment rate down to a record low of 2.7 per cent....
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...Shares of Boeing were down almost 3 per cent in pre-market trading on Thursday, and they are down 16 per cent since the Alaska Airlines incident....
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...This is a classic “dull but v v v v important” issue that rarely gets the attention it should, because a lot of people understandably lose the will to live as soon as you start talking about financial plumbing...
...Before he rejoined, the FAA had not had a permanent leader since Donald Trump’s appointee, Stephen Dickson, stepped down in 2022....
...“Just as a very limited number of stocks were responsible for the majority of gains in the MSCI USA, drawdowns in the Top 10 could pull equity markets down with them.”...
...Although Duncan Edwards, chief executive of trade body BritishAmerican Business, whose members include Amazon, Microsoft and BP, said: “In the USA, this latest news has not really resonated....
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...The prevalence of partnerships in the professions is not down to chance. The structure is suited to occupations that rely on reputation, mentoring and long-term relationships. But that is changing....
...We have access to cost-effective opportunities that can help us phase down global dependence on fossil fuels....
...Shares in Spirit AeroSystems were down 16 per cent in US pre-market trading. The company, a key Boeing supplier, installs the plugged door as part of the construction of the 737 Max fuselage....
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