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The Joker’s smile

The Joker’s smile

Mike Mackenzie’s daily analysis of what’s moving global markets

Published 1 second ago

Trump ‘Not Satisfied’ With Saudi Arabia’s Explanation for Khashoggi Death

Trump ‘Not Satisfied’ With Saudi Arabia’s Explanation for Khashoggi Death

President Trump said he was “not satisfied” with Saudi Arabia’s explanation of the death of journalist Jamal Khashoggi, days after the kingdom acknowledged that he was killed inside its consulate in Istanbul.

Published 1 day ago

Uber’s Top Dealmaker Cameron Poetzscher Resigns

Uber’s Top Dealmaker Cameron Poetzscher Resigns

Uber’s head of corporate development, Cameron Poetzscher, has resigned less than a month after a Wall Street Journal article revealed allegations of prior sexual misconduct in the office, according to a person familiar with the matter.

Published 1 day ago

Battle for the GOP’s Soul? Trump Has Won

Battle for the GOP’s Soul? Trump Has Won

Regardless of the outcome of the midterm election, this much already has become clear: The battle for the soul of the Republican party is over, and President Trump has won.

Published 1 day ago

Louisiana Ballot Measure Would Overturn Segregation-Era Law

Louisiana Ballot Measure Would Overturn Segregation-Era Law

Voters in Louisiana will decide whether to overturn a statute that dates back to the early days of segregation, potentially raising the bar for juries to convict in felony cases.

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Theresa May offers 4-point plan to unblock Brexit talks

Theresa May offers 4-point plan to unblock Brexit talks

Proposal to MPs includes possibility of extended transition to 2021

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Goldman Sachs strengthens its pitch for Main Street money

Goldman Sachs strengthens its pitch for Main Street money

Wall Street group reorganises to offer investment management services to the masses

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The Steel Industry Gets What It Wants on Tariffs

The Steel Industry Gets What It Wants on Tariffs

U.S. steelmakers prevailed in their push for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.

Published 1 day ago

Lenders Share Their Underwriting Secrets With Credit Karma

Lenders Share Their Underwriting Secrets With Credit Karma

By sharing their underwriting models with personal-finance portal, credit-card and personal-loan issuers seek to increase the chances that the applications they receive will be approved.

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Banks’ Golden Deposits Are Heading Out the Door

Banks’ Golden Deposits Are Heading Out the Door

After years of rate increases from the Federal Reserve, customers are pulling money out of accounts that don’t earn interest and putting it into higher-yielding alternatives.

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The Army Ordered an Unvarnished History of the Iraq War—and Hasn’t Released It

The Army Ordered an Unvarnished History of the Iraq War—and Hasn’t Released It

Army chief of staff Gen. Ray Odierno instructed officers to research lessons from the Iraq War before memories faded, saying it had failed to do so after Vietnam. That was in 2013. A draft was finished in 2016. It has yet to be published.

Published 1 day ago

Transatlantic bust-up

Transatlantic bust-up

Tensions expose how an EU deal will be harder for the US than revamping Nafta

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Steelmakers Boast Impressive Track Record of Getting Tariffs—and Avoiding Them

Steelmakers Boast Impressive Track Record of Getting Tariffs—and Avoiding Them

U.S. steelmakers prevailed in their push for the Trump administration to impose tariffs on imported steel and aluminum. The industry also succeeded in a later effort to make some tariffs disappear.

Published 1 day ago

Search for Amazon HQ2 Sparks Real- Estate Speculation

Search for Amazon HQ2 Sparks Real- Estate Speculation

Real-estate investors are poised to buy up property in whichever city Amazon.com picks for its second headquarters. Some bold investors aren’t waiting.

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The Illegal Ingredients in Your Dietary Supplements

The Illegal Ingredients in Your Dietary Supplements

Despite FDA warnings about the potential danger of experimental stimulants, a new study found certain weight-loss, sports and cognitive-function supplements contained the stimulants.

Published 1 day ago