Tag Archives: GDPR

Financial Daily Dose 7.8.2019 | Top Story: Friday’s Solid Jobs Report Prompts Rate-Cut Concerns

BY: Michael D. Reif | July 8, 2019

We managed to miss Jobs Report Friday because of the holiday break, so here’s the lowdown on a very strong set of numbers—224,000 jobs added—and the seemingly incongruous market reaction to the good news (it’s all about the Fed and interest rates, my friends) – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Turkey’s … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | March 1, 2019

As many expected, the US economy slowed in Q4 2018, growing at a 2.6% annual rate in the final three months of last year. That figure was better than some forecasters thought, but it still marks a “significant slowdown” from midyear numbers that “briefly pushed growth above 4 percent” – NYTimes and WSJ and Bloomberg … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | January 22, 2019

As world economic leaders (sans the U.S. government) gather in Davos this week, China’s economic cooling (coming just “when the world needs its spark”) is both a hot topic of conversation and a cause for concern – NYTimes and WSJ and Bloomberg Puerto Rico is nearing finalization of a mammoth $18 billion in bond restructuring … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 16, 2018

Blackstone CEO Stephen Schwarzman and BlackRock CEO Larry Fink have joined JPMorgan’s Jamie Dimon and a growing list of other business titans who have withdrawn from Saudi Arabia’s “Davos in the Desert” investment conference next week “in the wake of the disappearance, and potential murder of a prominent Saudi journalist” – NYTimes and Bloomberg In … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 9, 2018

Google has announced plans to shutter Google Plus, its “floundering answer to Facebook,” following the discovery of a security vulnerability that “exposed the private data of up to 500,000 users of the service.”  Google revealed yesterday that it had discovered the glitch in March but waited until this week to disclose it because the company … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 3, 2018

Amazon announced yesterday that it will immediately raise the minimum wage it pays to all 250,000 of its employees (and the 100k it plans to hire for the holiday season) to at least $15/hour, more than double the current federal standard – NYTimes and WSJ and Bloomberg and Marketplace We’ve talked plenty about Tesla’s boardroom … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | September 19, 2018

China is answering the White House’s latest tariff announcement with another $60 billion in levies on US goods of its own – Bloomberg and WSJ and Marketplace Thing is, the tit-for-tat numbers for China on that one don’t work out evenly – NYTimes So we need to watch out for other areas of leverage – … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 25, 2018

Europe’s much-ballyhooed (and feared) General Data Protection Regulation (“GDPR”) officially goes into effect today.  Here’s a look at the mad dash across all sectors (and outside of the EU) to comply – WSJ and Law360 and NYTimes and Marketplace Apple is for now eschewing plans to build its own electric self-driving car and instead partnering … Continue reading