Tag Archives: ECB

Financial Daily Dose 7.17.2019 | Top Story: EU Antitrust Regulators Probing Amazon Third-Party Seller Data Collection

BY: Michael D. Reif | July 17, 2019

EU regulators announced today that they’ve been conducting an investigation into Amazon and “how it collects and uses data from third-party sellers who appear on the retailing giant’s website” with an eye to potential antitrust violations. Amazon requires the sellers to share certain information with it, and the probe will center on “how Amazon uses … Continue reading

Financial Daily Dose 7.3.2019 | Top Story: IMF Chief Lagarde to Succeed Draghi as ECB President

BY: Michael D. Reif | July 3, 2019

Big Euro (and global) financial news emerging on Tuesday, as European officials rather surprisingly nominated current IMF chief Christine Lagarde to succeed Mario Draghi as European Central Bank president – NYTimes and WSJ and Bloomberg Across the ocean, the White House formally chose Judy Shelton, the current US executive director of the European bank of … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 15, 2019

A quick check-in with Fed Chair Powell, the man trying to help keep the US economy humming—a hard enough job as it is, but one made much tougher by a White House that hasn’t been shy about voicing its near-constant displeasure – NYTimes and WSJ Part of the non-political difficulty for Chair Powell? A rise … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 8, 2019

Jobs Report Friday! Here’s what to watch as you’re sorting through the numbers this morning – WSJ and Marketplace and Bloomberg and NYTimes With their concerted effort to address market uncertainty through major foreshadowing, it’s rare these days that central banks can truly surprise. And yet, Mario Draghi and the ECB managed to do just … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 25, 2019

US banks are reporting that cases of financial abuse of seniors are on the rise. Treasury department data showed a 2-fold increase in suspected cases from just 5 years ago and a 12% increase from just a year ago – WSJ A look at the creep of spytech into the business realm, particularly in the … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 14, 2018

It was quite a run, but on Thursday, ECB chief Mario Draghi announced that the bank is finally putting an end to the quantitative easing program it’s used “to hold down interest rates and encourage lending” since 2015.  The move has been in the works for some time, but it remains controversial, as doubts about … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 26, 2018

ECB Chief Mario Draghi’s having none of the US Treasury Secretary’s recent weak-dollar talk, accusing the US official, in not so many words, of “violating agreements among nations against starting currency wars” – NYTimes and WSJ The Times takes us inside the rigged VW tests at the heart of the emissions cheating scandal that’s sullied … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 27, 2017

Deutsche Borse CEO Carsten Kengeter announced yesterday that he’ll step down in the wake of insider-trading allegations related to the exchange’s now-defunct merger with the London Stock Exchange Group – NYTimes CVS Health has made a bid to buy health insurer Aetna Inc. in a deal that would value Aetna at nearly $66 billion. The … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | July 21, 2017

With all of Europe closely eyeing the ECB for hints about its move away from aggressive bond buying, some cities that have benefited disproportionately from the QE are being forced to consider what life on the other side will look like – NYTimes Bezos is bent on buying these days. The latest target is Sears’ … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 9, 2016

The ECB’s dropping more cash on bonds (though warning of eventual tapering) in an effort boost an Eurozone economy buffeted by winds of political change and a struggling Italy – NYTimes and WSJ and Bloomberg Microsoft’s acquisition track record [think aQantive and Nokia’s mobile unit] has been less than stellar.  It’s hoping that its bet … Continue reading