Rachel Reeves Might Have to Break Her Promises
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
Asian Stocks Edge Up After Record on Wall Street: Markets Wrap – Bloomberg.com
Asian Stocks Edge Up After Record on Wall Street: Markets Wrap Bloomberg.comStocks hit record highs, dollar falls as investors…
UK Budget Deficit Overshoots Forecast in New Blow to Reeves
UK government borrowing came in significantly higher than forecast in August, delivering a blow to Chancellor of the…
Malaysia’s Export Growth Disappoints as Trade With US Falls
Malaysia’s exports rose less than expectedBloomberg Terminal as higher US levies that kicked in last month disrupted the…
Crisis looming over China’s world-class auto industry
On the outskirts of Chengdu, a city of 21 million, a showroom in a shopping mall offers extraordinary…
FDA cracks down on prescription drug ads but lacks staff
WASHINGTON – In an unprecedented move, federal regulators published about 100 warning letters sent to pharmaceutical companies and health…
Private Equity to Private Credit Exposure at Big Pension Funds Nears $5 Trillion
Regulation and compliance have driven an unprecedented wall of US retirement money into private assets, a new reportBloomberg…
Markets Gear Up for Series of Fed Cuts With Bullish Bets at Risk
A key question for investors this week is whether Federal Reserve officials push back against market bets on…
Let the rulemaking begin: Why direct-to-consumer drug ads deserve a closer look
Call it death by disclosure. After nearly 30 years in which prescription drug ads have become a fixture…
Global 36-Hour Interest-Rate Spree Heralds First US Cut of 2025
The first US interest rate cut since Donald Trump became president again is likely to seize the spotlight…
Social Security retirement age: How to raise it without hurting poor people
The other day, economist Tyler Cowen made an offhand observation that took me aback a bit: that the…
NASA found clues of life on Mars, but budget cuts threaten future missions
An exciting discovery on Mars is being overshadowed by turmoil at NASA, with budget cuts threatening to destroy…