The Weïrd Sisters

Stock market volatility has been moving higher since Christmas Eve as this undercurrent of anxiety refuses to go away. Some of it is AI related, sure, but deep down there is this nagging feeling the economy isn’t turning the corner like they all said it would. So where do you go ...  Show more

After another month of even more deeply troubling banking data from China, S&P is wondering if the Chinese may be facing their Japanification moment as a key central bank rate just moved to a record low. Now, I don’t think they’re facing it; China is clearly there and the latest ...  Show more

David Cameron was paid a salary of more than $1m by Greensill Capital, the finance company whose dramatic collapse exposed the former UK prime minister’s extensive lobbying efforts, and US banks will face tough questions about the prospects for their lending operations this we ...

Read a transcript of this episode on FT.com

https://www.ft.com/content/e03bcc3e-c418-47e6-9037-0f0030529af0

The US tomorrow ...

Friday, February 2nd, 2024

Today,  Trump Org CFO Allen Weisselberg is in negotiations to plead guilty to a perjury charge; President Biden hits violent Israeli settlers in the West Bank with sanctions; the House votes to expand the child tax credit; Trump spent $50M doll ...

The chair of the Federal Reserve, Jay Powell, sought to ease concerns in Congress about the Federal Reserve’s response to surging 

inflation, the assassination of Haiti’s president Jovenel Moïse last week has plunged the poorest nation in the Americas deeper into ch ...