Cass Financial News

It could be true, as Conrad Black wrote in his latest National Post column, that United States President Donald Trump’s tariff attacks on Canada and Mexico are nothing more than a game. “Trump is just playing poker,” claimed Black. That view of Trump’s tariff strategy seemed briefly plausible late Monday with the news that imposition of the tariffs would be postponed for a month.

Barack Obama, turned to Kimberly Clausing, a former member of the Biden administration and author of a book extolling the virtues of free trade. «Everyone in this room agrees with your book,» Furman said. «No one outside of this room agrees with your book.» The academics and policy wonks gathered in the hotel conference room laughed, but the comment captured something real: After decades of helping shape policy on weighty matters such as taxes and health insurance, economists find that their influence is at a low ebb.

Subscribe to enjoy similar stories. The year has started and you have all the Nifty (or Nasdaq/S&P 500) forecasts for end 2025 from every stock-market expert, securities house and talking head on television. Keep them safe to check in December 2025.

Subscribe to enjoy similar stories. America’s unions have had a banner year. In November 33,000 machinists returned to their stations at Boeing having won a 38% wage increase over four years.

Subscribe to enjoy similar stories. WASHINGTON : Under Donald Trump, Republicans have drawn swaths of working-class voters away from the Democratic Party.

Subscribe to enjoy similar stories. Modern protectionists are desperate to find historical examples of tariffs promoting industrialization and economic growth. To this end, they increasingly argue that 19th-century America’s extraordinary economic success was fueled by high tariffs.

Republicans will gather for their convention in Milwaukee next week united behind presidential candidate Donald Trump but divided on what the party stands for. There are, of course, widely aired disagreements over abortion and the war in Ukraine. But a potentially more consequential division has opened over economics.

To most, professor Daniel Kahneman (1934-2024) is best known for his path-breaking explorations of how people’s decisions deviate from perfect rationality and the Nobel Prize he won for that work. For me, Professor Kahneman is someone who changed the course of my life. In the 1990s, I was an advertising professional.

Nirmala Sitharaman and Congress leader Jairam Ramesh over the effectiveness of Atal Pension Yojana (APY). It was started when the Mr Ramesh pointed out that while the FM lauded the pension scheme named after the veteran BJP leader Atal Bihari Vajpayee on Mar 24 in Bengaluru, she did not mention, he alleged, that 83 percent of the subscribers are in the lowest slab of ₹1,000 pensions. He quoted a study by Indian Council of Social Science Research to show that nearly one-third of subscribers who dropped out of the pension scheme did so because their accounts were opened without any explicit permission.

Nothing says “New Year, New You" like clicking “add to cart" on an exercise gadget. Every year, the fitness industry unveils new items aimed at self improvement—whether that means being faster, stronger, thinner, calmer—and every year, consumers embrace them.

Mahendra Jajoo, CIO, Mirae Asset Management, says “we have to wait till at least June ‘24 to see what we can expect because of the simple reason that now in February, we are not going to have a full year budget, it will be a vote on account. Then when the new government comes and the full year budget is presented in June, July, that is the time we can say if there is an environment building up for a rate cut. I would say for the next six months, first half of 2024, no change in the policy rates, then I think the room opens up if the inflation comes down for a rate cut by the RBI in the second half of 2024.” In June 2023, we all were anticipating or hoping for rate cuts to happen. But then we saw there was geopolitical tension and various triggers and data also that turned it around. And now the rate cut scenario has gone to 2024, maybe six months, eight months down the line depending on the data again. How would you analyse the first six months of 2023? Mahendra Jajoo: As we saw in 2023, things have been very volatile and as you rightly explained, the sentiments have gone from extremely negative to extremely positive and that is also a backdrop which the investors must consider while getting affected by the volatility.

I have been in Delhi for a little over a week, and, as is the case at this time of the year, the city is highly polluted. The trouble is Mumbai, where I live, has also been very polluted this year. Mumbai’s problem stems from a massive increase in construction in 2023.

Qantas allowed its chief executive Alan Joyce to sell $17 million in shares despite receiving a detailed demand for information as part of the competition regulator’s investigation into whether the airline inappropriately sold thousands of flight tickets.

freight market may finally be finding a bottom. Shippers shouldn’t count on a return to the go-go days of Covid, but resilient US consumers offer a way out of the morass. Bank of America Corp.’s biweekly short-term truckload demand indicator increased 10% in the period ending Aug.

Jess Search, a known name in documentary filmmaking, passed away on July 31, 2023, in London. She was 54. Jess Search was the co-founder of the Doc Society, which was formerly known as BRITDOC. She had been diagnosed with brain cancer and succumbed to the illness. An MBA from Cass Business School, Jess Search also co-founded Shooting People, a network of independent filmmakers. Jess Search’s death was announced by Doc Society in a statement on August 1. The statement said that she had “died peacefully”, surrounded by her partner Beadie Finzi and their children Ella and Ben.