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The US government must bring companies and workers together to craft a new social compact
An EU envious of US fiscal largesse is scraping together cash to fund its own industrial subsidies
Plus, a corporate helping hand for refugees
Also in today’s newsletter, ‘spy’ balloon dashes US-China reset hopes and Biden makes his case for a second term
Support for former PM’s ideas is why ministers skirt past reality that tax cuts may eat into public spending
Also in this newsletter: Poland’s government goes again in bid to unlock EU funds
Plus, what should Goldman do, US earnings slump and Funny Girl on Broadway
Resources and advice on online harm
Ministerial responsibility
History
The market
Production
US-China relations back in the deep freeze, no let up on UK strikes, and Beijing lifts more travel restrictions
Western and northern states score better in Transparency International’s closely watched report than those to the east and south
Plus, New York Knicks’ owner under fire for use of facial recognition software
Plus, Blinken trip to China cancelled after spy balloon accusations
Who wants to wait and think about potential downsides if it means missing the chance to create a billion-dollar company?
Bitcoin puts post-FTX collapse behind it with 40% rise so far in 2023
Plus, asset owners to expand emissions disclosure
Also in today’s newsletter, US warns China over balloon sighting and former Goldman executive in the running to be Carlyle boss
Policymakers should focus support on those without access to the bank of Mum and Dad
Also in today’s newsletter: Cyprus goes to the polls with few fresh options
Plus, Kim Kardashian keeps her private equity targets under wraps and DD digs into bankers’ new secret weapon
Also in this newsletter, why the IMF singled out the UK economy
UK Edition