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USA — Financial

United States USA — Financial

IMF: Tax cuts boosting US now but will hurt growth later

WASHINGTON — The International Monetary Fund believes the U. S. economy will post solid growth this year and next, helped by a sizable boost...

IMF's Lagarde warns US about trade, deficits

Christine Lagarde, the managing director of the International Monetary Fund, warned the Trump administration is putting its own economy at risk amid escalating trade...

Read: House Republicans release their draft “compromise” immigration bill

The House will vote on two immigration bills next week. House Republicans have released a first draft of their new “compromise” immigration bill, the “Border...

UTJ Rabbis tell MKs to quit coalition if enlistment bill is passed as is

The draft includes annual enlistment targets which increase every year for ten years, and steadily increasing reductions to the budget for haredi yeshivas should...

Stocks rise following ECB rate decision, strong US data

US stocks ticked higher Thursday after Europe's central bank laid out how it will close the spigot on the emergency stimulus it's flooded the...

Americans are spending like mad again

Retail sales surged in May thanks to tax cuts and a healthy job market. But some economists worry a low savings rate, more rate...

In France, thousands of retirees protest Macron tax hike

PARIS (AP) — Thousands of French retirees are protesting across the country over a tax hike on their pensions. Nine unions called on retired...

Banks Get Distracted by the World Cup

Also best ideas, op-risk cat bonds and unicorn valuations. World Cup predictions.The World Cup kicks off today, minutes after this newsletter publishes, which means that...

Microsoft is developing an Amazon Go competitor

Microsoft is working on technology that would eliminate cashiers and checkout lines from stores, in a nascent challenge to Amazon’s automated grocery shop. ( Reuters)...

Comcast makes $65B bid for 21st Century Fox assets

Comcast announced a $65 billion all-cash bid Wednesday for portions of 21st Century Fox that Disney was already seeking to purchase. June 13 (UPI) --...
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