Fed borrows additional $143 billion to fund the FDIC’s bailout of SVB and Signature Bank, they’re supposed to use deposit insurance for this. What do they know we don’t?
https://thehill.com/opinion/finance/3908515-the-fed-circumvented-the-debt-ceiling-to-borrow-billions-for-failed-banks/
Submitted April 30, 2023 at 01:13PM by Aegidius25
via reddit https://www.reddit.com/r/economy/comments/133xg6w/fed_borrows_additional_143_billion_to_fund_the/?utm_source=ifttt
Rules For A Reasonable Future: Work
https://i.redd.it/hwbfevk2c3xa1.jpg
Submitted April 30, 2023 at 12:35PM by sillychillly
via reddit https://www.reddit.com/r/economy/comments/133wj4f/rules_for_a_reasonable_future_work/?utm_source=ifttt
Charlie Munger reportedly warns of trouble for the U.S. commercial property market
https://www.cnbc.com/2023/04/30/charlie-munger-reportedly-warns-of-trouble-for-the-us-commercial-property-market.html
Submitted April 30, 2023 at 11:51AM by lurker_bee
via reddit https://www.reddit.com/r/economy/comments/133vfmy/charlie_munger_reportedly_warns_of_trouble_for/?utm_source=ifttt
Minnesota Senate votes 34-33 to legalize recreational cannabis
https://www.cbsnews.com/minnesota/news/minnesota-senate-expected-vote-on-recreational-cannabis-bill-friday/
Submitted April 30, 2023 at 10:57AM by Defiant_Race_7544
via reddit https://www.reddit.com/r/economy/comments/133u2k6/minnesota_senate_votes_3433_to_legalize/?utm_source=ifttt
/cloudfront-us-east-2.images.arcpublishing.com/reuters/LWYSYMOJPFPONDA7M2HZZDN2RE.jpg)
First Republic auction underway, with deal expected by Sunday
https://www.reuters.com/markets/deals/first-republic-auction-underway-with-deal-seen-by-sunday-sources-2023-04-29/
Submitted April 30, 2023 at 10:11AM by lurker_bee
via reddit https://www.reddit.com/r/economy/comments/133t08j/first_republic_auction_underway_with_deal/?utm_source=ifttt
First Republic Bank: ‘The Banking System Is Not Anywhere Near Collapse the Way It Was Back in 2008’
https://washingtoncurrent.substack.com/p/first-republic-bank-the-banking-system?sd=pf
Submitted April 30, 2023 at 09:13AM by DCGirl20874
via reddit https://www.reddit.com/r/economy/comments/133pqaj/first_republic_bank_the_banking_system_is_not/?utm_source=ifttt
China will become the global economy’s biggest growth driver in the next 5 years, doubling the US contribution. China’s slice of global gross domestic product expansion will be at 22.6%, India’s will be 12.9%, and the US will add 11.3%.
https://markets.businessinsider.com/news/stocks/china-economic-growth-us-imf-europe-fund-markets-forecast-outlook-2023-4
Submitted April 30, 2023 at 09:14AM by wakeup2019
via reddit https://www.reddit.com/r/economy/comments/133pu0c/china_will_become_the_global_economys_biggest/?utm_source=ifttt
‘The market is getting impatient with the Fed’: Here’s what investors are looking for at the Fed’s upcoming policy meeting
https://markets.businessinsider.com/news/stocks/federal-reserve-meeting-may-fomc-rate-hike-pause-stock-market-2023-4?utm_source=feedly&utm_medium=webfeeds
Submitted April 30, 2023 at 09:04AM by bobbyw24
via reddit https://www.reddit.com/r/economy/comments/133p722/the_market_is_getting_impatient_with_the_fed/?utm_source=ifttt
The End of an Era: Employers Retake Control
https://www.forbes.com/sites/stephenmiles/2023/04/28/the-end-of-an-era-employers-retake-control/
Submitted April 30, 2023 at 08:24AM by bobbyw24
via reddit https://www.reddit.com/r/economy/comments/133ntlu/the_end_of_an_era_employers_retake_control/?utm_source=ifttt
Europe Is Buying Record Amounts Of Refined Russian Fuels Through India, And Paying A Huge Markup
https://twitter.com/zerohedge/status/1652440155007991811
Submitted April 30, 2023 at 07:02AM by n0ahbody
via reddit https://www.reddit.com/r/economy/comments/133m9m2/europe_is_buying_record_amounts_of_refined/?utm_source=ifttt
Chet Wang 