Posted December 10, 2019 at 1:41 pm by Josh Bivens Looking for evidence of wage-led productivity growth While unemployment rates are sitting at their lowest levels in decades, wage growth (adjusted for inflation) remains slower…
Italy Set to Approve $442 Million Loan to…
Photographer: Krisztian Bocsi/Bloomberg Photographer: Krisztian Bocsi/Bloomberg Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Italy is set to approve a new 400 million-euro ($442 million) loan…
Brussels Edition: Carbon Conflicts, Tremors in Berlin
Welcome to the Brussels Edition, Bloomberg’s daily briefing on what matters most in the heart of the European Union. Sign up here to get it in your inbox every weekday morning. As climate continues to…
Putin’s Doping Denialism Only Hurts Russia’s Athletes
Photographer: Mikhail Klimentyev/AFP/Getty Images Photographer: Mikhail Klimentyev/AFP/Getty Images On Dec. 9, the World Anti-Doping Agency, or WADA, may ban Russia from major international sports events for the next four years. This is, effectively, a reaction to…
Watch Out Germany: Scholz’s Bank Plan Won’t Just…
Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. Banks across Europe -- not only in the south -- would be hurt by stricter rules on sovereign…
Moore-Backed Macro Hedge Fund Stone Milliner to Shutter
Photographer: John Taggart/Bloomberg Photographer: John Taggart/Bloomberg Stone Milliner Asset Management, the macro hedge fund started by former Moore Capital Management traders, is winding down following poor performance and client withdrawals, according to a person familiar…
U.S. New-Home Sales Post Two Best Months in…
A worker measures a window opening at a home under construction. Photographer: George Frey/Bloomberg Photographer: George Frey/Bloomberg Buyers snapped up new U.S. homes over the past two months at the fastest pace in more than…
Oil Rises on Signs of Trade-Talks Optimism and…
Photographer: Bronte Wittpenn/Bloomberg Photographer: Bronte Wittpenn/Bloomberg Oil rose on signs of progress in trade talks between the U.S. and China, and estimates that American crude inventories retreated for the first time in five weeks. Futures…
British Stocks May Be 2020’s Best Opportunity
Photographer: UIG/Getty Images Photographer: UIG/Getty Images Want the lowdown on European markets? In your inbox before the open, every day. Sign up here. With the U.K. general election in full swing, an increasing number of…
Dubai Economy Grew 2.1% in First Half of…
Photographer: Christopher Pike/Bloomberg Photographer: Christopher Pike/Bloomberg Explore what’s moving the global economy in the new season of the Stephanomics podcast. Subscribe via Apple Podcast, Spotify or Pocket Cast. Dubai’s economy expanded 2.1% in the first half, driven by growth…