Bloomberg Economics (@economics)

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Breaking economics news and analysis from @business, the first word in global business and finance.

http://www.bloomberg.com

New York, NY

2010-05-15 20:30:58

Mnuchin renews a push for a more limited pandemic relief package of “a little more than” $1 trillion https://trib.al/Z8tskns

Kingston, a picturesque Hudson Valley town about 90 miles north of New York City, has the fastest rising home prices in the U.S. https://trib.al/1xMJmwK

UK restaurants claimed for 10.5 million subsidized meals in the first week of a government program designed to help the restaurant industry recover from the impact of coronavirus https://trib.al/niob5jM

South Africa's retail sales fell for a 3rd month even though lockdown rules eased https://trib.al/9L7bg4U

Getting students safely back into classrooms means measures that call for extra staff and money. But it looks like America's schools will have to manage with less of both (via  @Reade Pickert) https://trib.al/Rvelrzx

U.S. consumer prices rose in July by more than expected on a jump in auto and apparel costs, though inflation remained broadly muted https://trib.al/Hm0vR10

The president thinks he has Democrats trapped in stimulus negotiations. Voters likely won't care, says  @Jonathan Bernstein (via  @Bloomberg Opinion) https://trib.al/lI5SwOO

#DailyDataPoint: Adding up China’s phase-1 trade deal shortfall in U.S. imports (via @MaevaDebarge & @tomorlik)

 #DailyDataPoint: Adding up China’s phase-1 trade deal shortfall in U.S. imports (via  @Maeva Cousin &  @Tom Orlik) https://trib.al/aCQfr1m

OpenTable's new CEO is confident consumer demand will return after the pandemic. But it may already be too late to save many restaurants https://trib.al/gWVDBBP

Trump's limited power means he could end up over-promising and under-delivering on his pledge to slash IRS bills https://trib.al/D97CaB5

NEW COVER: The path to a Covid-19 cure. In our special Vaccine Issue, we look at the biggest challenges, promising solutions, and the weirdest science, from the molecular level on up

NEW COVER: The path to a Covid-19 cure. In our special Vaccine Issue, we look at the biggest challenges, promising solutions, and the weirdest science, from the molecular level on up https://trib.al/HPXnngn

Supply Lines: Record costs to ship goods are set to go even higher https://trib.al/lZbZBeb

Americans are filing paperwork to become their own bosses at a pace one economist calls “off the charts" (via  @MikeSasso) https://trib.al/RUM9QA1

Israel is moving to delay its government budget statement, an effort that may avert the need for a 4th general election in two years https://trib.al/D1YjTH8

Beirut's port is resuming operations after last week's massive explosion that killed 171 people and injured thousands https://trib.al/lGbP1o1

Russian retailers are showing Putin they don’t believe his plans for a middle-class revival can survive after this year’s slump in incomes https://trib.al/JomJUW9

The Philippine central bank has helped finance almost half of the government’s local borrowings in the first 7 months of the year https://trib.al/4oGNvbc

A key supplier to Apple and a dozen other tech giants plans to split its supply chain between the Chinese market and the U.S., declaring that China’s time as factory to the world is finished because of the trade war https://trib.al/rFIC0V8

-China to bring up WeChat, TikTok in U.S. trade talks this week -Brazil's economic team is in disarray after 2 high profile losses -Trump pledges big tax cuts that may end up nowhere Here's a rundown of your top economic news today https://trib.al/8u8dp21

UK’s GDP slump (the worst of any G-7 country) raises pressure to sustain rebound  via @economics

UK’s GDP slump (the worst of any G-7 country) raises pressure to sustain rebound https://www.bloomberg.com/news/articles/2020-08-12/u-k-has-worst-economic-slump-in-europe-with-20-4-... via  @Bloomberg Economics

The UK economy crashed in the second quarter, but there are five reasons to be cautiously optimistic about what’s to come, write  @This writing business. Overrated if you ask me. and  @Andrea Felsted (via  @Bloomberg Opinion) https://trib.al/VvNUx5f

At stake in the vaccine moonshot race is not just who lives and dies, but which economies—and governments—rise and fall https://trib.al/mOsbiA1

South Africa may ease the coronavirus lockdown this week to help revive economic growth https://trib.al/xUHCHtC

Brazil sees a "stampede" out of its pro-market economy team https://trib.al/6F2mqwE

Singapore's regulator warns of more bank job losses in the second half of 2020 https://trib.al/79tYkMw

Gold's surge, a weaker dollar and vast stimulus point to rising inflation prospects. It may be another false dawn (via  @Bloomberg Opinion) https://trib.al/l99S250

A virtual U.S.-China meeting about the phase one trade deal will likely take place as soon as this week, sources say, and Beijing plans to bring up TikTok and WeChat https://trib.al/rJwo7Sq

Europe’s economy is picking up, but its labor markets remain in a highly precarious state (via  @Bloomberg Opinion) https://trib.al/jC7KPZb

Richmond Fed President Thomas Barkin says a resurgence from the virus could open a "sinkhole" in the economy that will need more fiscal aid to repair https://trib.al/iGyOoNY

From Baghdad and Algiers to Caracas, many of the world’s oil capitals are experiencing a summer of discontent. It could be a glimpse of their future https://trib.al/ARQz001

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