Morning News: February 23, 2024

Oil Market Gets a Russian Lesson: Sell on the Sound of Cannons

Venezuela Calls in Oil Debt It Once Traded Away for Literal Beans

China’s Central Bank Tries to Catch Markets Off Guard With Surprise Easing

China Home Prices Slide, Increasing Pressure on Beijing

France Will Cut Spending as It Sees a Weaker Economy Ahead

German Business Sentiment Brightens Slightly, Despite Signs of Recession

ECB Can Afford Less Restrictive Stance From Summer, Simkus Says

U.S. to Impose Sanctions on More Than 500 Russian Targets

The Political Failure of Bidenomics

Top Fed Officials Bolster Case for Patient Stance on Rate Cuts

Wave of Cash Seen Washing Into Credit as Investors Seek Duration

Global Equity Funds See Outflows Amid Inflation Concerns

Record World Stocks Leave Bonds in Gloom

Fidelity Manager Dumps Nearly All Treasuries on Growth Optimism

What Companies Need to Know When Accounting for Leap Day

Student Loan Borrowers in Texas Get Biggest Share of Biden’s $1.2 Billion Forgiveness Plan

Nvidia Set to Top $2 Trillion Valuation in First for Chipmakers

Allianz Boosts Shareholder Returns After Profit Nearly Doubles

Deutsche Telekom Expects Adjusted Earnings Growth to Pick Up

Grab Targets Organic Growth, AI Tools in Path to Profitability

Are You Bleeding Money on Car Insurance? So Are Insurers

Vice’s New Owners Prepare to Slash What’s Left of Its Work Force

It’s a Great Deal, Before the ‘Drip Pricing’

When Science Class Is in a Former Macy’s

Émigrés Are Creating an Alternative China, One Bookstore at a Time

Be sure to follow me on Twitter.

Posted by on February 23rd, 2024 at 7:02 am


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.