New Richmond News

Fed confident about cutting interest rates despite jobs surge

...On Thursday, Thomas Barkin, president of the Richmond Fed, credited immigration as one factor that had helped alleviate pressures in the labour market....

February 11, 2024

News updates from April 4: British billionaire avoids prison for insider trading; Italy seizes assets in EU fund fraud case

What to watch in North America today

...Fedspeak: Richmond Fed president Tom Barkin will speak about the economy to the Home Building Association of Richmond....

April 4, 2024

FT Live

Building an AI-First Organisation

How can business leaders use AI to drive value?

Behind the Money podcast24 min listen

Inside the battle for America’s West

...Clips from KGWN, Ludlow Music and The Richmond Organisation For further reading: Battle for the American West Seven states, 3,000 miles: a trip across the US energy divide Wyoming’s Carbon Valley aims...

April 17, 2024

FT SeriesThe world’s best house museums

House museums #64: Edgar Allan Poe

...Edgar Allan Poe would have struggled today to recognise the rural calm he sought when renting a modest home outside New York in 1846 for the last four years of his brief, turbulent but productive life....

April 20, 2024

ReviewTheatre

Stifling new staging of The House of Bernarda Alba stars a magnificent Harriet Walter

...Alice Birch’s pungent new version also emphasises its psychological terrain....

November 29, 2023

The Trump machine

The uneasy truce between Donald Trump and Fox News

...on the faction of Americans who view Fox News as too moderate....

April 4, 2024

FT Live

Transforming the Finance Function with AI

Strategies for delivering advanced analytics, automation and decision-making

Moral Money

AI: Good news for monkeys Premium

...And hence, when you go for clinical trials, there are many new adverse events or toxicology that get discovered,” Ganar said....

February 2, 2024

FT Alphaville

FTAV’s further reading

...Let me count the ways (The Home-Groan Globalist) — The new geography of mass incarceration. (The Baffler) — What company does this guy work for? Answers in the comments (Twitter/X)...

January 5, 2024

Thames Water

Former Thames Water owner Macquarie among lenders to utility’s parent company

...News of Macquarie’s involvement sparked political condemnation....

April 9, 2024

News updates from January 3: US job openings fall to 32-month low, Blasts kill about 100 in Iran

10-year Treasury yields rise above 4% ahead of Fed minutes

...On Wednesday the yield reached 4.008 per cent after Richmond Fed president Thomas Barkin did not rule out further rate rises because of continued inflation risks....

January 3, 2024

News updates from February 8: S&P 500 breaks through 5,000, Zelenskyy appoints new top general

What to watch in North America today

...Fedspeak: Thomas Barkin, president of the Richmond branch of the US Federal Reserve, will speak about inflation at the Economic Club of New York in Manhattan....

February 8, 2024

News updates from February 7: Netanyahu rejects Hamas ceasefire demand, Disney unveils $3bn buyback

What to watch in North America today

...The presidents of the Fed’s Boston and Richmond branches, Susan Collins and Thomas Barkin, will also speak. Biden: The US president heads to New York for his 2024 re-election campaign....

February 7, 2024

Ireland

Simon Harris on course to become Ireland’s next prime minister

...Varadkar’s dramatic resignation made it likely that Ireland’s general election would not now be held until next year, to allow a new taoiseach time to make their mark, according to analysts....

March 21, 2024

Pharmaceuticals sector

EU rules drive pharma backers to the US, says Irish investment chief

...Neale Richmond, a junior minister at the department of enterprise, said life sciences are “a really important industry for Ireland” and its own authorities must “regulate faster to see the amazing drugs...

April 3, 2024

News updates from January 11: US inflation edges up more than expected, Chesapeake and Southwestern to combine in $7.4bn deal

What to watch in North America today

...Fedspeak: Richmond Federal Reserve president Thomas Barkin will talk about this year’s economic outlook before the Virginia Bankers Association....

January 11, 2024

FT Live

Future of AI

Igniting a new era of innovation and investment

FirstFT

FirstFT: Europe must consolidate its defence industry, says Ursula von der Leyen

...Monetary policy: Federal Reserve Bank of Richmond President Thomas Barkin speaks at a public event in Richmond, Virginia....

February 16, 2024

News in-depthUS inflation

Companies’ reluctance to roll back price rises poses US inflation risk

...“They’re coming out with new tiers of private brands,” Hauptman said, predicting that this would push manufacturers to provide more trade funding for discounts than they were today....

January 22, 2024

Global Economy

Will Chinese prices suffer new year hangover?

...Several members of the Fed’s policy committee are making speeches, including chair Jay Powell, Cleveland president Loretta Mester and head of the Richmond Fed Thomas Barkin....

February 4, 2024

Rana Foroohar

Content creators fight back against AI

...As it is, the New York Times — one of the largest news publishers — is getting a mere $100mn over three years. Now, AI is poised to make even that asymmetric relationship look good....

January 8, 2024

Media

Business Insider cuts add to new round of news industry lay-offs

...News companies have been hit in recent months by ongoing weakness in the advertising market, as well as a drift in reader attention to social media platforms such as TikTok for their news....

January 25, 2024

News updates from November 15: Biden and Xi meet in effort to stabilise relations, UK inflation slows

What to watch in North America today

...Also, Richmond Fed president Tom Barkin will deliver a speech about housing before the Virginia Governor’s Housing Conference....

November 15, 2023

US employment

US bucks expectations with 216,000 new jobs

...“The labour market definitively slowed in 2023 and we expect that trend to continue in the new year,” he added....

January 5, 2024

ReviewTheatre

Uncle Vanya, Orange Tree Theatre — Trevor Nunn’s staging is painful and powerful

...But a gleaming one sits centre stage in Trevor Nunn’s new production (at the Orange Tree Theatre, Richmond upon Thames), glowing proudly as if to reassure audiences that this Chekhov will be safely contained...

March 13, 2024

OpenAI

OpenAI says New York Times ‘manipulated’ ChatGPT in copyright feud

...“We regard The New York Times’ lawsuit to be without merit. Still, we are hopeful for a constructive partnership with The New York Times and respect its long history,” OpenAI wrote in Monday’s blog....

January 8, 2024

Microsoft Corp

Microsoft in deal with Semafor to create news stories with aid of AI chatbot

...lawsuit from the New York Times....

February 5, 2024

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