u.s. economy today 2021
- ECONOMY
Could a growth setback be the surprise scenario for US markets?
When one type of macro financial risk occupies the attention of investors, it does leave them at the mercy of…
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Ali Akbar Mohtashamipur: cleric and revolutionary, 1947-2021
Ali Akbar Mohtashamipur, who has died at the age of 74, was a central figure in Iran’s 1979 revolution and…
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Poland officials targeted in Russian cyber attack, says Kaczynski
Senior Polish officials were targeted in a cyber attack that originated in Russia, Poland’s de facto leader Jaroslaw Kaczynski said…
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HSBC takes $3bn hit to exit French retail business
HSBC is taking a $3bn hit to exit its French retail banking network, selling the business to US private equity…
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Major hurdles face government effort to privatise Channel 4
Created by Margaret Thatcher to smash the television duopoly in 1980s Britain, Channel 4 has survived countless proposals for privatisation,…
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Chesham and Amersham is the revenge of the Metropolitan Line elite
“Goodbye, high hopes and overconfidence,” John Betjeman lamented, in his Metro-land documentary about the expansion of London’s commuter buckle up…
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EU clears banks barred from bond deals after ‘declaration on honour’
Eight banks previously barred from taking part in bond sales for the EU’s €800bn recovery fund have been cleared to…
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‘He knows policing in and out’: the law-and-order candidate for New York mayor
When New York City’s mayoral race began in earnest late last year the city was still convulsed by the murder…
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The strategic unexcitingness of Joe Biden
This article is an on-site version of our Swamp Notes newsletter. Sign up here to get the newsletter sent straight…
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Surge in workers unwittingly put into ‘tax avoidance’ arrangements
Tax charities have raised the alarm about a sharp rise in the number of people being placed into tax avoidance…
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Gordon Brown’s Seven Ways to Change the World — softening the hard blows of globalisation
In his lifetime, Gordon Brown has seen dramatic changes in the world. Borders have been thrown open in finance, trade…
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Top US general dismisses warnings of imminent Chinese invasion of Taiwan
America’s most senior general has dismissed warnings of an imminent Chinese invasion of Taiwan, insisting that the People’s Liberation Army…
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Iranians lose faith in chance of change through the ballot box
Iranians vote in a presidential election on Friday that is forecast to cement regime hardliners’ control over the Islamic republic,…
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Yield swerves
This article is an on-site version of our Unhedged newsletter. Sign up here to get the newsletter sent straight to…
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Vaccine cocktails cause headaches for Italy’s government
Buongiorno and welcome to Europe Express. Italian cocktails such as the Aperol Spritz are being enjoyed in many European capitals…
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Industry retools to build Britain’s new Tempest combat aircraft
A second world war hangar in northern England has become a test bed for British-led efforts to build the next…
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UK output to hit pre-pandemic level a year earlier than forecast
UK business has become increasingly bullish about the economic recovery, with the CBI predicting that output will regain its pre-pandemic…
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Investors rush to stash cash with Fed after interest rate tweak
Investors stashed a record amount of cash in an overnight facility at the Federal Reserve on Thursday, after the central…
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Kenneth Kaunda, Zambia’s founding president, dies aged 97
Kenneth Kaunda, Zambia’s first president and one of the last surviving leaders of Africa’s 20th-century struggles for liberation from colonial…
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Channel 4 lined up for privatisation as early as 2022
Channel 4 will be steered towards privatisation by the UK government as soon as next year, with ministers launching a…
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Auld Enemy clash pulls thousands of Scotland fans to London
Thousands of Scotland football supporters descended on London ahead of Friday’s European Championship match against England, despite calls from the…
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Sweden’s government on brink ahead of no-confidence vote
Sweden’s government is teetering on the brink of collapse after a majority of MPs in parliament on Thursday said they…
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UK Treasury criticised over failure to publicise Covid sick pay scheme
The UK Treasury has been criticised by business leaders, MPs and union chiefs over its deliberate failure to publicise rules…
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WhatsApp is where real political power lies in Britain
During the pandemic, all human life has been found on WhatsApp. As Britain battled through exhausting lockdowns, the nation’s socialising…
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US and Russia set for ‘difficult work’ after positive summit
US president Joe Biden and his Russian counterpart Vladimir Putin may have left Geneva with a sense of a job…
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Davos is dead, and the coronavirus killed it
Felix Marquardt, a former global schmoozer and current author of The New Nomads, explains why attempting to solve the world’s…
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Biden’s climate agenda bogged down in divided Congress
President Joe Biden arrives back in the US this week after a foreign tour with a recurring theme: fighting climate…
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The (not so) long view on the carbon transition
This article is an on-site version of Martin Sandbu’s Free Lunch newsletter. Sign up here to get the newsletter sent…
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Brazil’s Covid inquiry puts Bolsonaro on the back foot
For the third time in a little over a month, Brazilian President Jair Bolsonaro this weekend rallied thousands of his…
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Europe’s Leading Patent Law Firms 2021
This listing of Europe’s leading patent law firms is based on recommendations by clients and peers © Getty Survey and…
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US investors hunt for yield in junk-rated municipal debt
Investors are pouring into the $4tn US municipal bond market, pushing yields on debt issued by state and local governments…
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Cyclical rally exposes flaws in some factor ETFs
Interested in ETFs? Visit our ETF Hub for investor news and education, market updates and analysis and easy-to-use tools to…
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How lawyers are cleaning up supply chains
Multinationals are digging deeper into the legal plumbing of their own organisations to maximise their sustainability credentials and meet climate…
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Johnson suffers backbench rebellion over delay to ending lockdown
Boris Johnson on Wednesday suffered a large backbench rebellion as Conservative MPs voiced their opposition to the government’s decision to…
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Ukraine arrests ransomware gang in global cyber criminal crackdown
Ukrainian police have arrested members of a notorious ransomware gang that recently targeted American universities, as pressure mounts on global…
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Coronavirus latest: EU to recommend relaxing travel restrictions for US tourists
Monique Roffey in London with a poster of her novel ‘The Mermaid of Black Conch’, which is published in paperback…
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Brussels aims to tighten rules on burning wood pellets as green fuel
Brussels wants to tighten rules to prevent some forms of wood-burning energy from counting towards the EU’s green energy targets…
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Blackstone strikes $3bn deal for office developer Soho China
Blackstone has agreed to buy property developer Soho China for about $3bn, marking the US private equity group’s biggest bet…
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Indians have been left scarred by the Covid tsunami
A friend stricken with Covid-19 at the peak of India’s ferocious second wave — as I was — called to…
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Germany to repatriate army platoon accused of rightwing extremism
Germany is repatriating a Bundeswehr platoon from Lithuania after its soldiers were accused of rightwing extremism and sexual assault, in…
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Cummings reveals Johnson messages calling Hancock’s efforts ‘hopeless’
Prime minister Boris Johnson referred to the inability of his health secretary, Matt Hancock, to increase coronavirus testing capacity at…
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Israeli PM Naftali Bennett orders fresh air strikes in Gaza Strip
Israeli prime minister Naftali Bennett ordered fresh air strikes in the Gaza Strip overnight, after incendiary balloons launched by Palestinian…
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PwC set to create 800 jobs in Belfast for £40m tech centre
PwC has announced a plan to create almost 800 jobs in Belfast over the next five years as part of…
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Lex Letter from New York: bank chiefs should not shame staff back to offices
This article is an on-site version of The Lex Newsletter. Sign up here to get the complete newsletter sent straight…
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Kim Jong Un sounds alarm over North Korean food shortages
Kim Jong Un has issued a warning over food shortages in North Korea as the dictator urged political officials to…
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South Korean video game group behind hit ‘PUBG’ aims for $5bn IPO
The company behind global hit game PlayerUnknown’s Battlegrounds plans to raise up to Won5.6tn ($5bn) in an initial public offering…
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Biden’s plan to keep China in check relies on Manila
From Japan to Nato, the administration of US president Joe Biden is rallying allies against security challenges from China. But…
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From celebrations to soaring prices: How Iranians fared under Rouhani
Shortly after Iran’s centrist president Hassan Rouhani was elected in 2013, the country’s football team qualified for the World Cup,…
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Mexico enjoys break from economic gloom with the help of Biden
Business gloom has been so pervasive in Mexico since Andrés Manuel López Obrador won the presidency in 2018 on a…
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‘It’s going to always be on someone’s computer’: digital sex crimes haunt South Korean women
South Korea’s cutting edge technology has abetted a wave of digital sex crimes targeting young women and girls. According to…
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