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11.10.2024 11:53
French Budget Targets Big Firms, Wealthy The French government unveiled a 2025 budget that aims to deliver a €60.6 billion ($66.2 billion) remedy for its public finances. The mix of spending cuts and higher taxes on businesses and the wealthy are part of Prime Minister Michel Barnier’s efforts to restore political and fiscal order and revive investor confidence. Bloomberg’s Caroline Connan reports.

11.10.2024 13:00
Odd Lots: Austan Goolsbee on Where the Fed Stands Now (Podcast) In 2022 and 2023, the Federal Reserve basically had one focus: defeating inflation. That’s now changed. Keeping inflation at bay is still important, but the Fed is now attuned to labor market risks as well. On this episode of the podcast, we speak with Chicago Fed President Austan Goolsbee about how the US economy achieved something that almost nobody thought was possible: a marked decline in inflation without a major increase in the unemployment rate or a slowdown in economic activity. We discu