Tag Archives: Inflation

Financial Daily Dose 6.13.2019 | Top Story: Emails reveal Zuckerberg aware early of Facebook privacy concerns

BY: Michael D. Reif | June 13, 2019

A round of internal Facebook emails produced in response to an FTC probe appear to show that the company’s “potentially problematic privacy practices” had filtered their way up to the very top of the social networking site—Zuck, himself—as early as 2012, right around the time of the company’s consent decree with the FTC – WSJ … Continue reading

Financial Daily Dose 6.3.2019 | Top Story: DOJ Mulling Google Antitrust Action

BY: Michael D. Reif | June 3, 2019

The DOJ is considering joining its European counterparts in targeting Google for potential antitrust violations focused on Google’s “advertising practices and influence in the online advertising industry,” possibly including the company’s search practices – NYTimes and  WSJ and Bloomberg Such a probe would be consistent with a marked shift in Washington’s thoughts on Big Tech—from … Continue reading

Financial Daily Dose 5.31.2019 | Top Story: Fed Eyeing Global Stability in Future Rate-cut Decisions

BY: Michael D. Reif | May 31, 2019

Fed vice chair Richard Clarida, in comments to the Economic Club of NY on Thursday, hoped to calm turbulent markets by noting that central bank officials would indeed consider lower-than-desired inflation along with “global economic and financial developments” as part of any decision to move away from its current “patient stance” and “toward cutting interest … Continue reading

Financial Daily Dose 5.22.2019 | Top Story: Judge Deems Qualcomm Pricing Behavior Anti-competitive

BY: Michael D. Reif | May 22, 2019

N.D. California federal judge Lucy Koh sided with the FTC in its antitrust suit against semiconductor-industry giant Qualcomm, finding that the company “abused its position . . . to harm competition and charge cellphone makers excessive licensing fees.” The ruling sent Qualcomm shares sliding in pre-market trading – NYTimes and WSJ and Bloomberg Because it’s … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | April 30, 2019

Shared workspace giant We Work is joining the growing wave of major start-ups planning to go public this year. And like many of its unicorn peers (as we’ve documented), the company “shows no sign of turning a profit anytime soon” – NYTimes and WSJ and Bloomberg and MarketWatch and Law360 The Labor Department on Monday … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 15, 2018

Here’s a deeper dive into the consumer price index data released yesterday morning – Reuters and WSJ and Bloomberg And some thoughts on inflation and how it affects everything from building materials to chicken – NYTimes and Marketplace In our increasingly connected global economy, a $1.8 billion dollar fraud at India’s Punjab National Bank can’t … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | February 7, 2018

Mr. Dow’s wild ride ended on an upswing yesterday, with the DJIA adding back nearly 600 points and the three primary US indices up between 1.7 and 2.3% – NYTimes and WSJ and Bloomberg and Marketplace The real question, of course, is whether this return of volatility is the new normal again for markets that … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | December 12, 2017

HSBC announced yesterday that, 5 years after its controversial deferred prosecution agreement with the DOJ following the Swiss bank’s 2012 $1.9 billion payment over money-laundering allegations, it’ll be released from those criminal charges – NYTimes and WSJ The Journal explores the limits of hedge funds trying to use machine learning to guide its trading strategies.  … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 20, 2017

Back at it for a holiday-shortened week . . . As retailers do all they can to fight the e-commerce wave, some bricks-and-mortar shops are experimenting with a rather counterintuitive strategy: smaller spaces and a showroom-style approach – NYTimes Word from Boston is that John Flannery’s efforts to streamline the General Electric giant won’t be … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 16, 2017

Despite a stronger global economic outlook than we’ve seen in years, the world’s central bankers appear loath to let go of stimulus measures while lower-than-expected inflation bedevils them – WSJ and Bloomberg It’s a brave new world for mentorships.  Or perhaps more appropriately, a return to an old one, as companies are taking a page … Continue reading