We see a nascent dollar trading bloc forming out of need to protect essential industries. … READ MORE >
USA
5 things to know in life sciences: Week of October 21, 2024
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Business spending on equipment falls in September, but orders pick up
Durable goods orders fell in September for the second month in a row, driven largely by drops in Boeing orders. … READ MORE >
October jobs report will be distorted by hurricane and strike
We expect a top-line gain in total employment of roughly 120,000 jobs, which is approximately 80,000 below what our model would otherwise imply. … READ MORE >
Initial jobless claims fall despite hurricane’s impact
Total initial claims dropped to 227,000 from 242,000 for the week ending Oct. 18, the Labor Department reported on Thursday. … READ MORE >
How tax-exempt hospitals can prepare for increased IRS scrutiny
Nonprofit hospitals are facing heightened scrutiny over their tax-exempt status as regulators and lawmakers consider whether the benefits these hospitals provide to their communities justify the tax exemptions they receive. … READ MORE >
5 things to know in life sciences: Week of October 14, 2024
Competition continues to increase in the obesity treatment space. This and more in this week’s life sciences update. … READ MORE >
Housing starts and permits ease in September
September’s housing starts came in at 1.35 million, down 0.5% from August, while building permits, a proxy for future projects, fell 2.9% to 1.4 million. … READ MORE >
September retail sales top forecasts
Retail sales for all items increased by 0.4% while the control group grew by 0.7% in September. … READ MORE >
American outperformance in the global economy
The U.S. economy is outperforming in growth and employment, and in controlling inflation, without causing the economy to fall into an extended period of slow growth. It’s a remarkable policy achievement. … READ MORE >