Tag Archives: Libor

Financial Daily Dose 1.16.2020 | Top Story: US and China Make Phase One Official While Trade Questions Linger

BY: Michael D. Reif | January 16, 2020

Well, Phase One is official, thanks to a White House signing yesterday that included Chinese Vice Premier Liu He. With that act comes our first substantive look at the deal that’s been thus-far shrouded in secrecy. Some highlights: commitments from China to purchase “an additional $200 billion worth of American goods and services by 2021,” … Continue reading

Financial Daily Dose 12.10.2019 | Top Story: Remembering Influential Former Fed Chair Paul Volcker

BY: Michael D. Reif | December 10, 2019

Some remembrances upon the passing of influential former Fed Chair Paul Volcker, a force in American economic policy for nearly 60 years who led “the Federal Reserve’s brute-force campaign to subdue inflation in the late 1970s and early ‘80s” – NYTimes and WSJ and Bloomberg and MarketWatch and Marketplace Antivirus software company McAfee LLC is … Continue reading

Financial Daily Dose 11.22.2019 | Top Story: WeWork Cuts Nearly 20% of Global Workforce

BY: Michael D. Reif | November 22, 2019

The first cuts from WeWork hit this week, and they’ll take the form of 2,400 employees around the world—some 20% of the struggling company’s workforce – NYTimes and WSJ and MarketWatch and CNBC Chinese officials have invited American negotiators to participate in a new round of in-person talks “as both sides are struggling to strike … Continue reading

Financial Daily Dose 9.12.2019 | Top Story: Purdue Pharma Reaches Tentative Comprehensive Opioid Crisis Settlement

BY: Michael D. Reif | September 12, 2019

After weeks of rumors, Purdue Pharma and its owners, the Sackler family, have tentatively reached a “wide-ranging settlement with thousands of municipal governments, states and tribes nationwide that are suing the pharmaceutical industry for the devastation resulting from the opioid epidemic.” Deal specifics are far from final, but under the current outline, Purdue would file … Continue reading

Financial Daily Dose 9.4.2019 | Top Story: UK Parliament Rebels to Defy Prime Minister on Brexit

BY: Michael D. Reif | September 4, 2019

Aaaand, we’re back at it.  Hope all enjoyed a good holiday weekend. One can prorogate all one wants, but raise the ire of British MPs, and a price will be paid, my friends. So goes the story for PM Boris Johnson, against whom British lawmakers “rose up” on Monday to “prevent him from taking the … Continue reading

Financial Daily Dose 8.14.2019 | Top Story: U.S. Backs Off New Tariffs on China Until December

BY: Michael D. Reif | August 14, 2019

In the internal battle between keeping China off balance and keeping Wall Street happy, the White House has decided once again to focus on the latter, walking back the latest tariff escalation by postponing promised enforcement until mid-December, a move that Wall Street considered “Christmas-saving” and rewarded with a surge in trading – NYTimes and … Continue reading

Financial Daily Dose 5.21.2019 | Top Story: FCC Approves T-Mobile/Sprint Merger

BY: Michael D. Reif | May 21, 2019

FCC Chair Ajit Pai gave his agency’s stamp of approval to the pending $26 billion T-Mobile/Sprint merger on Monday, helping move the deal towards completion based on pledges from the companies to develop “a robust 5G network and sell off Boost Mobile, a Sprint-owned service produce that sells prepaid services” – NYTimes and WSJ and … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | May 3, 2019

Amazingly, April’s gone and it’s Jobs Report Friday again. Here’s what to look for in the numbers –  Bloomberg and NYTimes and WSJ After some a spate of unflattering past comments and videos surfaced, the White House announced yesterday that it will not, in fact, nominate campaign economic advisor Stephen Moore for a seat on … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | November 7, 2018

Some reaction to the HQ2 x2 news, including what a pair of new tech hubs actually means for the cities that have thrown out the red carpet to Amazon and other technology giants – NYTimes and WSJ After a generally strong 2018 that saw prices hit four-year highs as recently as a month ago, oil … Continue reading

Your Daily Dose of Financial News

BY: Michael D. Reif | October 18, 2018

The Federal Reserve bank released the minutes from its September meeting yesterday. Among other things, we learned that the Fed Governors moved largely in lockstep on September’s rate hike, even as the crew was less unanimous about its plan for next year – NYTimes and WSJ and Bloomberg and MarketWatch The Journal checks in with … Continue reading