Hints and tips:
...If the Reagan‑Thatcher revolution was about crushing union power, the pendulum seems to be shifting in favour of labour. Unions are changing too....
...The market reaction came after the Federal Open Market Committee voted unanimously to leave rates unchanged at a 23-year high of 5.25 per cent to 5.5 per cent....
...Members of the United Steelworkers union have also voiced dismay....
...Peltz, 81, dressed in the off-duty-billionaire uniform of navy blue polo shirt and zip-up jumper, is a busy man....
...A decision by Fitch to downgrade the US’s credit rating from triple A to double A plus has triggered equity market falls in Asia and Europe....
...A vote of confidence in John Lewis chair Dame Sharon White will be held on Tuesday and Wednesday among the employee-owned retailer’s 74,000 staff....
...But the Italian city-state didn’t have the funds to send a navy to rescue its imprisoned citizens....
...Marina became the first person from her community ever elected to the federal senate and built support for sustainable development in the Amazon region....
...“I felt like this little coup was all about the money, so I went and transferred $350,000 from a Chase account to a credit union account where they can’t get their filthy little hands on it,” he said....
...Its $440bn credit arm makes more business loans than some midsize banks, making it not so much an investment outfit as an alternative financial system....
...At least one senior Fed governor would like the Federal Open Market Committee to go even further....
...In an interview with the Financial Times, Stitt questioned the necessity of the federal clean-energy incentives. “If you ask me do I think we need those tax credits, no I don’t.”...
...Today, as Credit Suisse analyst Zoltan Pozsar (one of the seers of 2008) put it in a recent note to clients, “inventory for supply chains is what liquidity is for banks”....
...Federal Reserve chair Jay Powell, World Trade Organization head Ngozi Okonjo-Iweala and Bank of England governor Andrew Bailey are among the top drawer list of speakers....
...Robert Frick, corporate economist with Navy Federal Credit Union, said on Friday that sentiment is “still in the gutter,” although pessimism has not been a significant drag on spending....
...Federal Credit Union....
...Navy Federal Credit Union corporate economist Robert Frick noted the shutdowns and lay-offs seen earlier in the pandemic are still unlikely to occur....
...Oil and gas companies are also in danger — they saw the greatest increase in credit risk over the past two years....
...(Leo Lewis) Chart of the day Why should financial regulators care about climate risk?...
...“Today’s numbers jibe with March stimulus payments and strong spending, but also point to uncertainty about the economy later this year,” Robert Frick, corporate economist at Navy Federal Credit Union, said...
...Robert Frick, corporate economist at Navy Federal Credit Union, said unemployment claims are probably on the verge of falling to much lower levels: “Assuming Covid-19 infections and deaths continue to decline...
...Credit Union....
...series hosted by the Federal Reserve Bank of Dallas....
...It was “also consistent with rapidly rising Covid-19 cases and the related loss of hundreds of thousands of hospitality jobs in the last month”, said Robert Frick, corporate economist at Navy Federal Credit...
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