Polanyi’s Great Transformation and the Free Market Myth

Polanyi's Great Transformation and the Free Market Myth

Karl Polanyi’s 1944 work, The Great Transformation: The Political and Economic Origins of Our Timeexposes the myths of laissez-faire, which remain widespread in the West and elsewhere. By looking at economic and other transformations during the Industrial Revolution and beyond, he showed that there is nothing inevitable or “natural” about free markets, and that the … Read more

What Today’s Inflation Numbers Mean for the Stock Market and Your 401(K) and Mortgage

US President Joe Biden discusses the Biden administration "Cancer: Trip to the Moon" Initiative during an event at Tulane University in New Orleans, Louisiana, U.S., August 13, 2024. REUTERS/Elizabeth Frantz

By Tilly Armstrong, Dailymail.Com’s Assistant Consumer Editor and Alice Wright of Dailymail.Com Published: 08:44 EDT, August 14, 2024 | Updated: 09:59 EDT, August 14, 2024 Consumer prices rose 2.9 percent from a year earlier in July. This is the first time that headline inflation, measured on an annual basis, has fallen below 3 percent since … Read more

5 things you need to know before the stock market opens on Wednesday

News Update – Before Market Opening

Below are five key things investors need to know as they begin their trading journey: 1. Rally time Stocks rose on Tuesday, boosted by encouraging news on inflation (more on that below). The Nasdaq Composite soared 2.43% and the S&P 500 rose 1.68%. Meanwhile, the Dow Jones Industrial Average ended the day up 408 points, … Read more

Elliott Wave Technical Analysis of Swiss Market Index [Video]

Chart

Elliott Wave Analysis of Swiss Market Index Trading Room Daily Chart Elliott Wave Technical Analysis of Swiss Market Index Function: Trend. Mode: Impulsive. Structure: Orange Wave 3. Position: Navy Wave 3. Address of the next higher degrees: Orange Wave 3 (started). Details: Orange Wave 2 of 3 appears to be complete, and Orange Wave 3 … Read more

UK D&O Market Update

UK D&O Market Update

Introduction This update analyses our observations on current market conditions for directors and officers insurance and the impact this has on board directors, non-executive directors and insurance buyers and is based on our observations of the market with our WTW clients and not on a review of the market as a whole. For ease of … Read more

The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

The residential robotic vacuum cleaner market will reach $9.6 billion globally by 2033 at a compound annual growth rate (CAGR) of 13.9%, according to Allied Market Research

The increasing popularity of smart home technologies, as well as improvements in AI and machine learning, which improve the effectiveness and ease of use of these devices, are driving the growth of the residential robotic vacuum cleaner market. WILMINGTON, Del., August 14, 2024 /PRNewswire/ — Allied Market Research published a report titled, “Residential Robotic Vacuum … Read more

PwC predicts UK media and entertainment market to reach $155bn by 2028

NFTS

Streaming services and cinema will play a key role in the UK entertainment and media (E&M) market, which is on track to become the largest in Europe by 2025, according to PwC’s latest Global Entertainment & Media Outlook 2024-2028 report. The report projects that UK E&M revenues will exceed £100 billion (US$128 billion) this year … Read more

Asian stocks trade mixed as global market jitters ease but uncertainty persists

Luisa Thomas

Truly supportindependent journalism Learn moreNear Our mission is to provide unbiased, fact-based reporting that holds the powerful to account and exposes the truth. Whether it’s $5 or $50, every contribution counts. Support us in offering journalism without agenda. Asian stocks traded mixed on Wednesday as Japan’s benchmark index picked up but quickly ran out of … Read more

Market News, August 13, 2024: S&P 500 and Nasdaq close higher for fourth straight session, led by tech rally

Markets News, August 12, 2024: S&P 500, Nasdaq Inch Higher as Stocks Stabilize After Last Week's Wild Ride

The S&P 500’s biggest moves on Tuesday 3 hours 37 minutes ago Moving forward Starbucks (SBUX) stock was the best performer in the S&P 500, up 24.5% after the coffee giant announced it had hired Chipotle (CMG) CEO Brian Niccol as its new CEO. The executive shakeup came amid pressure from activist investors Elliott Investment … Read more