Economics and International Affairs Blog
A politically independent blog by Vivekanand Jayakumar
Friday, May 3, 2024
Headwinds Facing Starbucks
Starbucks Is Running Out of Americans to Drink Its Expensive Coffee
https://www.wsj.com/business/starbucks-china-sales-luckin-c5b67b70
The chain is banking on foreigners, especially in China, to buy a lot more of its drinks, but competition is insane.
Intel’s Big Bet
Intel Is Betting $28 Billion on Making Ohio a Global Chips Capital
https://www.bloomberg.com/features/2024-intel-comeback-chipmaking/
US Public Debt Explosion and Safe-Haven Status of Treasurys
America’s reckless borrowing is a danger to its economy—and the world’s
https://www.economist.com/leaders/2024/05/02/americas-reckless-borrowing-is-a-danger-to-its-economy-and-the-worlds
Without good luck or a painful adjustment, the only way out will be to let inflation rip.
America’s fiscal outlook is disastrous, but forgotten
https://www.economist.com/briefing/2024/05/02/americas-fiscal-outlook-is-disastrous-but-forgotten
What Would Happen if the U.S. Suddenly Seemed Like a Risky Investment?
https://www.nytimes.com/2024/05/03/opinion/american-economy-global-investors.html
Related:
https://budgetlab.yale.edu/news/240502/political-risks-us-safe-harbor-premium
Thursday, May 2, 2024
Deciphering the State of the U.S. Labor Market
The Fed Is Eyeing the Job Market, but It’s Difficult to Read
https://www.nytimes.com/2024/05/02/business/economy/the-fed-job-market.html
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.
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