The real (price adjusted) stock of orders in manufacturing was down 0.2% in June 2024 month on month after seasonal and calendar adjustment, according to provisional figures of the Federal Statistical Office (Destatis). The calendar adjusted stock of orders was 6.2% lower in June 2024 than in June 2023.
Finance
New York Times: New York City Caps Uber and Lyft Vehicles in a Crackdown
The continuing saga of governments trying to contain the excesses of the gig economy. Read here
Economics
Joseph E. Stiglitz: The COVID-19 stimulus can’t be a corporate bail-out. We need a new playbook for relief
Our democracy and economy is at great risk if we respond by giving money to the loudest and most powerful voices Read here
Uncategorized
The Guardian: World’s witnessing a new Gilded Age as billionaires’ wealth swells to $6tn
Billionaires increased their combined global wealth by almost a fifth last year to a record $6tn (£4.5tn) – more than twice the GDP of the UK. There are now 1,542 dollar billionaires across the world. […]
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