Morning News: April 3, 2024

China’s Service Economy Expands Further, Adding to Signs of Recovery

Milei Races Against Time to Ease Pain Unleashed by Shock Therapy

South Africa Tax Agency to Target ‘Professional Enablers’ of Organized Crime

Inflation Cools in Eurozone, Nearing Central Bank’s Target

Bank of England sets out conditions for ‘digital sandbox’

Canada’s RBC Struggles to Go Green While Financing Oil

Fed Blocks Tough Global Climate-Risk Rules for Wall Street Banks

Exxon’s $60 Billion Fight With Chevron Will Reshape Big Oil

LNG Demand Shift to Developing Nations Is Transforming the Market

US, EU Are Set to Miss a Critical Minerals Agreement This Week

Pimco Boosts Bond Bets That Fed Will Cut Less Than Global Peers

Chase Bank to Let Advertisers Target Customers Based on Spending Data

I’m an Economist. Don’t Worry. Be Happy.

Biden and Corporate America? It’s ‘Complicated.’

The Jobs Numbers Aren’t Adding Up. Immigration Helps Explain Why

10,000 Migrant Crossings a Day Upend the US Presidential Election

Donald Trump’s Lenders of Last Resort: Subprime Auto King and Online Bank

The World’s Richest Person 2024

AI Enthusiasm Hides Little VC Investor Excitement for US Startups

Alibaba Ramps Up Share Buybacks

Archer Sees 2025 Air-Taxi Debut, Setting Up Rivalry With Joby

Tesla Shares Tumble Toward Make-or-Break Level in Latest Wipeout

What Tesla’s Troubles Signal for the E.V. Revolution

Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores

Switching From iPhone to Android Is Easy. It’s the Aftermath That Stings

Disney Moving Closer to Win Over Trian With Vanguard Backing

How Bluey Became a $2 Billion Smash Hit—With an Uncertain Future

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Posted by Eddy Elfenbein on April 3rd, 2024 at 7:03 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.