HuffPost hires Hobbes to cover economic trends
Michael Hobbes is joining HuffPost as a reporter covering economic trends. He will be based in Seattle and starts on April 9. Hobbes will continue to be a contributor to HuffPost Highline. His Highline story “FML,” about the terrifying financial future millennials face, was nominated for a National Magazine Award and a Webby award. It […]
Keynes named U.S. economics editor at The Economist
Soumaya Keynes has been named the U.S. economics editor for The Economist and will be moving from London to Washington. She has been an economics correspondent. Keynes expects to move in May. Henry Curr, formerly U.S. economics editor, is now leading global economics coverage for the publication, based in London. Keynes also does the Free Exchange […]
Coverage: Economic growth is revised upward
The U.S. economy grew at a 2.9 percent annual rate in the final three months of last year, an upward revision that caps three quarters of the fastest growth in more than a decade. Martin Crutsinger of the Associated Press had the news: The gross domestic product, the country’s total output of goods and services, grew at […]
Coverage: Home prices rise more than forecast
A limited number of properties for sale against a backdrop of steady demand helped keep home prices elevated in January, according to S&P CoreLogic Case-Shiller data released Tuesday. Katia Dmitrieva of Bloomberg News had the story: Home prices continue to post solid gains across the country, with the largest advances occurring in the West. While demand […]
Coverage: Fed raises interest rates, signals more to come
The U.S. Federal Reserve Board raised interest rates on Wednesday and forecast at least two more hikes for 2018, highlighting its growing confidence that tax cuts and government spending will boost the economy and inflation and spur more aggressive future tightening. Jonathan Spicer and Jason Lange of Reuters had the news: In its first policy meeting under new […]
Bloomberg seeks economics reporter in Paris
Bloomberg News is now looking for an experienced reporter to cover the French economy in Paris. Working together with both our regional team and our global network of journalists, the successful candidate will deliver breaking news, exclusives, and world-class analysis on France’s economics and fiscal politics in the era of Emmanuel Macron. The ability to […]
Coverage: Trade deficit hits nine-year high
The U.S. trade deficit increased to a more than nine-year high in January, with the shortfall with China widening sharply, suggesting that President Donald Trump’s “America First” trade policies aimed at eradicating the deficit will likely fail. Lucia Mutikani of Reuters had the news: The trade gap continues to widen a year into the Trump presidency. […]
Coverage: Economic advisor Cohn resigns over tariff dispute
Gary Cohn, the White House’s top economic adviser, announced Tuesday he was leaving the administration amid a major internal clash over President Donald Trump’s pivot toward protectionist trade policies. Damian Paletta and Philip Rucker of The Washington Post had the news: The departure of Cohn, the former president of Goldman Sachs who had been an interlocutor between the […]
Bloomberg seeks world trade and globalization reporter
The energy of a newsroom. The pace of a trading floor. We work hard and we work fast, moving markets and chronicling the rise and fall of the people who make them. We are known for our quality, accuracy and ability to deliver news investors can use. It’s what keeps us inventing and re-inventing, all […]
Coverage: Automakers report weak February sales
Major automakers reported lower U.S. new vehicle sales for February on Thursday as consumer demand continued to cool despite strong crossovers and SUV sales. Nick Carey of Reuters had the news: “Trucks are higher-margin products and from a mix standpoint, February was disappointing,” said John Toohey, head of equities at USAA Asset Management Company in San […]