UK consumer confidence hit its highest level in two years, according to the latest GfK survey.…
Category: Economy
Macroeconomic analysis of growth, inflation, employment, credit and monetary policy across the major economies. We follow the data releases that shape the rate path and the business cycle, and put each print in the context of the ones before it. The aim is a working picture of the macro regime an investor is allocating into.
Starbucks Lays Off 224 Employees Amid Restructuring Efforts
Starbucks announced it will lay off 224 corporate and remote employees from its Seattle headquarters as…
US Sanctions Nine Cuban Mining and Construction Companies
The United States has announced new economic sanctions against nine state-owned mining, metal, and construction companies…
Gunmen Seize Tanker Off Yemen, Divert to Somalia
A tanker has been seized off the coast of Yemen by six armed individuals. They have…
India Allows Duty-Free Sugar Imports to Tame Rising Prices
India has allowed duty-free imports of up to 1 million tonnes of raw sugar until October…
Romanian Jet Destroys Drone Near Black Sea Gas Platform
A Romanian F-16 fighter jet destroyed a marine drone near the Neptun Deep gas platform in…
Chamath Palihapitiya Warns of Data Center Backlash Risk
Venture capitalist Chamath Palihapitiya warned that the backlash against data centers has reached a critical point.…
Wall Street Opens Lower as Bond Yields and Oil Prices Rise
Wall Street opened lower on Thursday as rising government bond yields and higher oil prices affected…
Walmart’s U.S. Sales Growth Slows to 2.6%, Shares Plummet
Walmart Inc. reported its slowest U.S. sales growth in over six years. The company saw a…