Investments and Business

The Key Issues for Business in a Likely Trump-Biden Rematch

The Key Issues for Business in a Likely Trump-Biden Rematch

After beating Nikki Haley in New Hampshire on Tuesday, Donald Trump reaffirmed his position as the leading candidate to win the Republican nomination. That has business leaders facing the possibility of another Trump presidency, and their investors trying to figure out what it could mean for their bottom lines.The questions are, perhaps not surprisingly, coming from seemingly every corner of the economy.During Blackstone’s quarterly earnings call on Thursday, an analyst wanted to know if uncertainty over who would win a likely Biden-Trump matchup could freeze deal flow. (“I’d say transaction activity is going to be more tied to the Fed’s…
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Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Airlines Hoping for More Boeing Jets Could Be Waiting Awhile

Boeing hoped 2024 would be the year it would significantly increase production of its popular Max jets. But less than a month into the year, the company is struggling to reassure airline customers that it will still be able to deliver on its promises.That’s because the Federal Aviation Administration said on Wednesday that it would limit the plane maker’s output until it was confident in Boeing’s quality control practices. On Jan. 5, a panel blew off a Boeing 737 Max 9 body shortly after takeoff, terrifying passengers on an Alaska Airlines flight and forcing the pilots to make an emergency…
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British Court Answers an Eternal Question: How Much Potato Does a Crisp Contain?

British Court Answers an Eternal Question: How Much Potato Does a Crisp Contain?

No profit grows, Shakespeare once wrote, where no pleasure is taken. And so in the tedious march of life, we find joy in small things: The rising of the sun. A fine glass of wine. The greasy snap of a well-dressed potato crisp.But soft! Not so fast. Life affords no simple pleasures, and even that delectable crunch comes with a weighty debate: How much potato doth a true crisp — chip, to the Americans — contain?This — and several other probing questions of the crisp aficionado — was immortalized by a British tax appeals court last week, which ruled that…
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Americans’ Economic Confidence Is Returning. Will Biden Benefit?

Americans’ Economic Confidence Is Returning. Will Biden Benefit?

Low approval ratings and rock-bottom consumer confidence figures have dogged President Biden for months now, a worrying sign for the White House as the country enters a presidential election year. But recent data suggests the tide is beginning to turn.Americans are feeling more confident about the economy than they have in years, by some measures. They increasingly expect inflation to continue its descent, preliminary data indicates, and they think interest rates will soon moderate.Returning optimism, if it persists, could bolster Mr. Biden’s chances as he pushes for re-election — and spell trouble for former President Donald J. Trump, who is…
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The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

The U.S. Seems to Be Dodging a Recession. What Could Go Wrong?

With inflation falling, unemployment low and the Federal Reserve signaling it could soon begin cutting interest rates, forecasters are becoming increasingly optimistic that the U.S. economy could avoid a recession.Wells Fargo last week became the latest big bank to predict that the economy will achieve a soft landing, gently slowing rather than screeching to a halt. The bank’s economists had been forecasting a recession since the middle of 2022.Yet if forecasters were wrong when they predicted a recession last year, they could be wrong again, this time in the opposite direction. The risks that economists highlighted in 2023 haven’t gone…
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A Fed Governor Reiterates That Rate Cuts Are Coming

A Fed Governor Reiterates That Rate Cuts Are Coming

A prominent Federal Reserve official on Tuesday laid out a case for lowering interest rates methodically at some point this year as the economy comes into balance and inflation cools — although he acknowledged that the timing of those cuts remained uncertain.Christopher Waller, one of the Fed’s seven Washington-based officials and one of the 12 policymakers who get to vote at its meetings, said during a speech at the Brookings Institution on Tuesday that he saw a case for cutting interest rates in 2024.“The data we have received the last few months is allowing the committee to consider cutting the…
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