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By SIMON CONSTABLE
It’s gonna get rough for wheat farmers and buyers this year. Suboptimal weather across key growing areas and potential disruptions emanating from the war in the Middle east are to blame. Read more here.
By SIMON CONSTABLE
Scotland’s government is at it again: Meddling with its absurd energy policies.
This time the ruling Scottish National Party wants to sell energy to Europe. It looks like a bright idea on the surface, that is until you look under the hood. Read more here.
By SIMON CONSTABLE
Getting a job as a Wall Street economist is supposed to require great skill. But apparently that skill doesn’t mean developing the ability to forecast big events like recessions.
A year and a half after the ‘recession call’ started and we still have no recession. In fact, the U.S. is now growing faster than it has in ages. It flies in the face of the collective message from Wall Street. And that has me wondering what’s up. Read more here.
By SIMON CONSTABLE
The BBC jumped on the trend, along with other news sources. So did TikTok. “Monk mode”—a term coined two decades ago by a computer program—has now become the latest social-media detox, one that experts say could help workers struggling to focus amid today’s incessant distractions.
But does it come with a cost?
Read more here.
By SIMON CONSTABLE
British women have come a long way in business, but even those taking the top CEO role are getting short-changed it seems—and by some signifcant sums.
The few women CEOs in the public companies that make up the FTSE 100 index of leading UK stocks get paid 23.5% less than their male counterparts, according to a recent report The High Pay Center, a UK think tank. In 2022, the average pay for male FTSE 100 CEOs was £4.3 million ($5.2 million) versus £3.4 million for women. And there are only 11 such women in those top roles. Read more here.
By SIMON CONSTABLE
For much of the last year and a half, Wall Street sent a consistent message: recession was imminent. Financiers were certain, because the Federal Reserve had pledged to crush inflation by sharply raising interest rates, which typically triggers a rapid slowdown. Yet, unlike in the past, no recession arrived. Unemployment remains low, with millions of unfilled job openings, and the economy keeps growing. “It’s hard to apply normal economic analysis in the post-pandemic world,” says Win Thin, global head of currency strategy at New York-based Brown Brothers Harriman. Hard, yes, but not impossible. Read more here.
By SIMON CONSTABLE
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