Wednesday, August 15, 2018

America’s trade strategy has many risks and few upsides

AMERICA’S president claims to view China as a friend. But the friendship is going through a rocky patch, to say the least. America’s trade deficit with China, “the largest deficit...

Germany’s biggest lender is in the doldrums

JOHN CRYAN has spent almost three years on the thankless task of revitalising Germany’s biggest bank. Deutsche Bank’s shares fetch around €11 ($13.50) each. That is less than half their...

Deutsche Bank gets a new chief executive

THE supervisory board at Deutsche Bank, Germany’s biggest lender, has been sounding out replacements for its chief executive for weeks. On April 8th it made its choice: Christian Sewing, an...

Supreme Court debates whether to allow states to tax all online sales

The Supreme Court is considering a case that could force consumers to start paying sales tax on...

Most investors think 2018 is the peak year for stocks

The nine-year bull market might be on its last legs. Fifty-eight percent of global money managers...

A Victorian survivor

WHEN the Foreign & Colonial Government Trust was launched in 1868, The Economist had its doubts. “The shape is very peculiar,” we worried, adding that “the exact idea upon which it starts...

Spotify makes its stockmarket debut

WHEN Spotify, a music-streaming service, went public on April 3rd, its founder, Daniel Ek, rang no bells on the trading floor of the New York Stock Exchange. Rather than the...

States aren't waiting for Washington to require poor residents to work

President Trump and Republicans in Congress are setting the stage to make more low-income Americans work for...

The high cost of taking away prisoners' Medicaid coverage

For Lori Stone, getting out of prison has always been a little nerve-racking. She's been in...

Countries with higher wages than the U.S.

Some Republicans say high wages in the U.S. are hurting America's global competitiveness. See the countries where wages are even higher. Source link
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NEWS

Bond yields reliably predict recessions. Why?

AS NAMES for market phenomena go, “inverted yield curve” lacks a certain punch. It is no “death cross” or “vomiting camel”. But what...