Hints and tips:
...Stephen Stanley, chief US economist at Santander, described the Fed’s statement as a “nice balance between getting rid of the hiking bias but adding that they are not close to easing yet”....
...A science-magazine team I once illustrated for told me they liked providing content a certain type of person would enjoy telling friends about in the pub....
...As for the food: he asked himself, “If my New York friends Danny Meyer, Jonathan Waxman and Stephen Starr opened this restaurant on Central Park, what would they serve?”...
...As Ogilvie notes, the name of at least one of these “Dictionary People” is already well known: William Chester Minor, the imprisoned murderer whose infamous life and remarkable contribution to lexicographical...
...Some of the ones that have attracted attention: a company called Phunware — spelled p-h-u-n, ware — which is a mobile software developer. And there was another called Bit Brother....
...It’s no coincidence that the S&P 500 is also having a stellar run....
...I thought of all this as I glanced at photos a friend took at graduation ceremonies last weekend for her daughters....
...Chart of the week US bank stocks have fallen to an all-time low compared with the blue-chip S&P 500 index, as demand for big-name technology stocks and the fallout from the banking crisis in March deter...
...You might be members of the same clubs; your wives might be friends....
...But then you know, the politics of that, as Stephen will no doubt tell us, are very complicated....
...Liz Truss in clipThese are the friends of the bureaucratic establishment. They are the friends of the deep state. Lucy FisherThat was Liz Truss talking to Steve Bannon at Cpac in the US....
...Increasingly, however, an offer of personal coaching comes as part — albeit a minor one — of a company’s formal succession process....
...Two minor emerging markets (Ghana and Ethiopia) and not a single major one defaulted in the course of the year....
...The MSCI China is broader and includes H shares and foreign listings, as well as mid-cap companies....
...They’ve done this in the case of the S&P 500 by shunning a few affected players (First Republic Bank, down 83 per cent) while bidding up mega-caps such as Microsoft, up 16 per cent....
...And as First Republic’s equities cratered last week, the S&P Regional Bank Index stabilised, suggesting contagion should be minor....
...The group recorded $1.4bn in net income in the second quarter, a rise of 27 per cent over the same period last year, buoyed by the recovery in the benchmark S&P 500 index....
...The decision to rein in Gove’s spending will gum up machinery both in the beleaguered ministry and in Number 11, as each tiny project, however minor, has to go through for approval....
...I’m always amazed by the sloppiness of the reasoning of some of the people advocating for private equity. And some of them are my friends....
...Read on for why boards and executives need to oversee corporate culture as well as the P&L, and in Office Therapy I advise a worker without children doing a lot of extra cover for the mothers on her team...
...Washington should see Lebanon not as a minor headache but as a contested space where freedoms can expand on the periphery of thornier issues such as Iran....
...For more insights, read FT columnist Stephen Bush’s Inside Politics. As well as the Union, the Westminster government has to worry about the unions....
...And I’m curious if you can tell me a little bit about what tennis is like in the minor leagues or for sort of the vast majority of players?...
...H Cecil Studios in Florence....
...I am an American, and as such a stranger to monarchy. But the late Queen’s grace and fortitude were obvious to everyone. I mourn with my British friends and readers....
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