Alec Baldwin says beating Trump in 2020 presidential race would be ‘so easy’ April 9, 2019 Actor Alec Baldwin has tweeted that he could easily beat President Donald Trump in the 2020 race for the White House. Read more: Trump says economy would 'rocket' if Fed cut rates Baldwin, who has impersonated Trump multiple times on Saturday Night Live since the 2016 election, told his 1.11m followers the victory would be [...]
ECB set to remain dovish April 9, 2019 The European Central Bank meets on Wednesday this week, not the usual Thursday. Don’t expect any fireworks from this outing for the Governing Council, however. A month ago we got a triple whammy of dovish moves with new stimulus, amended forward guidance and growth and inflation forecasts revised lower. Having already pushed back on rate [...]
Office banter? Bosses left fuming by buzzwords that have literally no substance April 8, 2019 People who use buzzwords such as “literally,” “yolo” and “banter” in the workplace are liable to leave their employers foaming at the mouth, according to research. Britain’s bosses are fed up with hearing their co-workers and candidates spouting “annoying buzzwords,” because they make communication difficult, isolate those who don’t know what they mean and lack [...]
Activist investor Ed Bramson hits back at Barclays and ramps up pursuit for seat on the board April 8, 2019 Activist investor Ed Bramson has launched another attack on Barclays’ investment bank as he urged shareholders to give him a seat on the board. Bramson, whose investment vehicle Sherborne Investors holds a 5.5 per cent stake, issued a plea to shareholders ahead of a crunch vote on his bid to become a director next month. [...]
Global stock markets rise after positive noises from US economy April 5, 2019 Global stock markets rose today in reaction to better-than-expected March jobs data from the US. The US economy added 196,000 jobs in March, rebounding from an unexpectedly poor performance of just 33,000 new jobs in February. Read more: Employment in US surges after weak February but wage growth slows The US benchmark S&P 500 stock [...]
US President Donald Trump says economy would ‘rocket’ if Fed cut rates April 5, 2019 US President Donald Trump said the Federal Reserve should cut interest rates, saying the economy would take off “like a rocket ship” if they did. Speaking following the release of US jobs data which showed a strong rebound in hiring in March, Trump said the US central bank “really slowed us down”, CNBC reported. Trump [...]
Employment in US surges after weak February but wage growth slows April 5, 2019 The US created 196,000 new jobs in March in a marked improvement from February's dramatic slowdown, it was revealed today. Read more: US economic growth unexpectedly slows in final quarter However, wage growth slowed to 3.2 per cent in March compared to a year earlier after growing 3.4 per cent in February, mixed US economic data [...]
Debate: Should investors panic about a US recession after the Treasury bond yield curve inverted? April 4, 2019 Should investors panic about a US recession after the Treasury bond yield curve inverted? Yes, says Michael Horan, head of trading at Pershing EMEA. The inversion has been on the cards since December last year. The yield curve represents real investors, putting real money to work, and at the moment, they are willing to accept [...]
Billionaire Michael Bloomberg considers possible presidential run as Joe Biden hit by misconduct claims April 2, 2019 Michael Bloomberg is reportedly poised to launch a 2020 presidential campaign, despite previously ruling out a run for the White House. Read more: Mueller just gave Democrats the key to taking down Trump The billionaire said he was not in the running for the 2020 Democratic nominations a month ago, but could be poised to throw his [...]
Are emerging markets really worth the risk? April 2, 2019 At a time when the US Federal Reserve has well and truly capitulated on its hiking path, some emerging markets are not showing signs of relief. Against the dollar, Argentina’s peso is close to an all-time low, the Turkish Lira is teetering near a year-to-date low, and the South African rand is creeping back to [...]