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French ‘yellow vests’ to continue protests

Bloomberg Organisers of the demonstrations that blocked roads across France for 10 days say they are unimpressed by the government’s response and have called for another protest in Paris even after last weekend’s turned violent. President Emmanuel Macron said he heard the “deep anger” against the rising cost of living and offered “adaptations” to controversial energy taxes, while vowing to ...

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Jack Ma is Communist Party member now

Bloomberg Jack Ma, co-founder of China’s most valuable company, was officially confirmed as a member of the Communist Party in a state-backed newspaper recognizing business leaders for their contributions to the country’s development. Ma, co-founder and chairman of e-commerce giant Alibaba Group Holding Ltd., is one of 100 people the Communist Party of China’s Central Committee will honor as part ...

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Stocks rally, dollar falls on dovish Powell signal

Bloomberg US stocks rallied, Treasuries turned higher and the dollar fell after a dovish tone from the Federal Reserve chairman fueled speculation the central bank is closer than thought to pausing on rate hikes. The S&P 500 surged to a session high and the Dow Jones Industrial Average jumped more than 400 points after Jerome Powell said rates are “just ...

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