Wall Street Journal (May 23)
“Treasury auctions are like the plumbing of a toilet: You only pay attention when something goes wrong. A weak auction drove a market selloff on Wednesday for the first time since late 2023. There are good reasons to be concerned about overspill.” Investors are “demanding a higher yield for the risks—and it is a bad sign.”
Tags: 2023, Bad sign, Concerned, Demanding, Higher yield, Market selloff, Overspill, Plumbing, Risks, Treasury auctions, Weak
Washington Post (May 9)
“A group of powerful investment managers and public treasurers with assets invested in McDonald’s are demanding that the company take tougher steps to address child-labor violations at its franchises.” The investors want McDonalds, as well as Wendy’s, “to adopt a zero-tolerance policy for the use of child labor at franchised restaurants” and “conduct third-party human rights risk assessments of their businesses.”
Tags: Assets, Child labor, Child-labor violations, Demanding, Franchises, Human rights, Investment managers, McDonald's, Powerful, Risk assessments, Treasurers, Wendy’s, Zero tolerance
Wall Street Journal (June 27)
“Workers throughout the economy are demanding bigger raises to compensate for soaring prices. This could push inflation higher as companies pass along higher wage costs in the price of goods and services.” Though bond markets haven’t determined “how serious the Fed is about controlling inflation… workers aren’t waiting to find out as they seek higher pay.”
Tags: Bond market, Compensate, Demanding, Economy, Fed, Goods, Inflation, Pay, Raises, Services, Soaring prices, Wage costs, Workers
New York Times (November 7)
“The competition to get into higher-ranked universities is destroying the lives of young people and their families in countries like South Korea and Japan…. The paradox is these ridiculous tests don’t necessarily lead to demanding college classes.”
Tags: Classes, College, Competition, Demanding, Families, Japan, Paradox, Ridiculous, South Korea, Tests, Universities, Young people
