• 02/28/2025

Pro Take: A Persistent Holdout in the Fed’s Inflation Fight Leads to the Bakery Aisle

Wall Street Journal Food prices flatlined in March after rising 8.5% over the past year. But with summer “bun season” right around the corner, a time of baseball outings and barbecue, inflation doggedly holds on in baked goods. https://www.wsj.com/articles/pro-take-a-persistent-holdout-in-the-feds-inflation-fight-leads-to-the-bakery-aisle-26166809

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Safe Security Raises $50 Million in Series B Round

Wall Street Journal The cybersecurity company has raised $50 million in Series B financing as insurers and regulators drive efforts to assess cyber risk, boosting interest in its wares. https://www.wsj.com/articles/safe-security-raises-50-million-in-series-b-round-54ac9788

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Few Banks Are Hedging Interest-Rate Risk

Wall Street Journal As first-quarter earnings season gets into swing, investors are looking for signs of vulnerability—and a recent paper focuses on how banks handle rising rates. https://www.wsj.com/articles/few-banks-are-hedging-interest-rate-risk-21ed1947

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U.S.-China Tensions Over Taiwan Put Pressure on Europe

Wall Street Journal The European Union is finding it increasingly difficult to avoid taking a clear position on a potential military conflict. https://www.wsj.com/articles/u-s-china-tensions-over-taiwan-put-pressure-on-europe-64a417dd

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Nurse Shortage Pushes Hospitals Into the Gig Economy

Wall Street Journal Apps are luring workers to open shifts with higher pay and shorter hours. https://www.wsj.com/articles/nurse-shortage-hospitals-hiring-gig-economy-dc94bdb2

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Chinese diplomat reproaches G7 for undermining nuclear non-proliferation

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. Wang Wenbin emphasized that China “has always pursued a nuclear strategy of self-defense and the policy of No First Use, while maintaining its nuclear arsenal at the lowest possible level to protect its national security” https://tass.com/world/1605815

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China warns US against selling weapons to Taiwan

Disclaimer: TASS is Russian government propaganda, and not a reliable news source. “China urges the US to respect the One-China principle and three joint communiques, end military ties with and weapons supplies to the island, and stop introducing factors that can cause contradictions in the Taiwan Strait,” Chinese Foreign Ministry Spokesperson Wang Wenbin said https://tass.com/world/1605803

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Warren Buffett and Japan’s Trading Titans Would Be Formidable Allies

Wall Street Journal The Berkshire Hathaway head hinted in a recent interview that his interest in Japan’s trade giants goes beyond just holding their stocks. https://www.wsj.com/articles/warren-buffett-and-japans-trading-titans-would-be-formidable-allies-14696767

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Russia decided to do without Immortal Regiment march on Victory Day

Pravda Ukraine Victory Day will be held in a mixed format in Moscow and other Russian cities in 2023. There will be no full-time Immortal Regiment march this year. Source: Russian state-owned news outlet TASS Details: Olga Zanko, the head of the central headquarters of the All-Russian public movement “Victory Volunteers” and Russia’s State Duma…

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