Macron’s economic “program” is not credible. There is nothing he can do, but the French media and the elite that support him are sweeping all that under the rug. France’s credit costs and terms of trade are set by the European Central Bank. Tax and public spending decisions are framed in a tight corset imposed by budget deficit limits of the monetary union. France has been overshooting its deficit limits since 2008.

Dawine, an Australian wine distribution company focused on China markets, is hoping to capitalize on that phenomenon. According to the International Wine & Spirit Research organization, China is to set overtake Britain and France to become the second largest wine consumer by 2020. The growth potential for the wine market in China does not stop at online distribution. In general, the pricing climate for foreign wine in China is looking up, he said. “So it’s an exciting time for China, and we thin

The halls here, and at hundreds of lace factories around Calais, were once thick with employees. Around Calais, the hulking brick skeletons of abandoned lace factories cast shadows over modest, low-slung houses. The far-right firebrand Marine Le Pen won big in last Sunday’s presidential runoff in such locales. “Marine Le Pen says this election is about the patriots versus the globalists,” said Famke Krumbmüller, the head of research at OpenCitiz, a political risk consultancy in Paris. Unemployed

Donald Trump may have given us the best White House Correspondents’ Dinner — but that was back in 2011, when Trump showed up and sat stone-faced as President Barack Obama and Seth Meyers skewered him. Last night Trump was a no-show at the WHCD, supposedly because wanted to show Americans that he’s uninterested in the press, celebrity culture and their intersection. “Only in America, can a first generation Indian-American Muslim kid, get on this stage, and make fun of the President.” The closing

Though she grew up watching her grandmother Sayra run the family business, Lebenthal says she realized she still needed confidence boosts. An all-girls school on the Upper East Side of Manhattan, the Nightingale-Bamford School, provided that environment in high school. … You always need to hear it, at every stage of your life. The universal lesson here: Even after we’ve heard the motivational speeches and seen success up close, we still need a tune-up now and then. Find the places and people tha

In the Kingdom of Thailand, the prime minister manages government affairs but the centuries-old monarchy still remains a deeply revered institution — walls of nearly every establishment and household have at least one image of the king. Citizens who follow, contact or share content from the trio on the internet could be violating the Computer Crime Act, the directive said. The three men, who remain respected in international circles, have written extensively about the monarchy’s failure to follo

A deal has been reached on a bill to fund the government for the final five months of this fiscal year, an agreement that is likely to avert a government shutdown, aides to senior members of Congress told NBC News on Sunday. Congressional negotiators had been working through the weekend to hash out the last remaining complications in a bill to fund the government. The deal includes an additional $12 billion in defense spending, which is $18 billion less than Trump asked for. Democrats stressed t

So far this earnings season, the less a U.S. company is exposed to America, the better its results. S&P 500 companies which generate more than half their revenue overseas are posting first quarter earnings growth of 19.9 percent, on average, double that of companies that conduct a majority of their business domestically, according to FactSet. About 60 percent of the S&P 500 has reported results. In fact, CNBC analysis found that the difference between earnings per share growth and gross domestic

Markets in Japan and Australia finished slightly higher on Monday, with several major exchanges closed for a Labor Day public holiday. Australia’s ASX 200 closed up 32.33 points, or 0.55 percent, at 5,956.40, with most sectors finishing higher. The energy and materials sectors closed down 0.13 percent and 0.05 percent respectively. Oil Search shares closed down 0.55 percent, Santos was down 0.86 percent, Woodside Petroleum bucked the downward trend to close fractionally higher by 0.16 percent. I

Easy for him to say, though – his wealth was in print shops and newspapers 200 years before the Internet. On Wall Street today, worrying aloud is the way to sound smart and convey that you’re paying attention to capital-destroying risks, however remote. In each case, the worries are probably overblown – or at least don’t reflect the kind of nasty “divergences” that can bring on swift, deep and lasting downside pain in equities. The yield curve can serve as a proxy for economic momentum, inflatio

“It’s hard to capture lightning in a bottle twice, and it was that whole newness of it, the unknown quantity that played into the charm of it.” “Guardians of the Galaxy” ultimately became the fifth highest grossing movie in Marvel’s series of 14 interconnected films. “It’s hard to capture lightning in a bottle twice, and it was that whole newness of it, the unknown quantity that played into the charm of it,” he said. “Guardians of the Galaxy Vol. “Guardians of the Galaxy Vol.

Anthony Joshua delivered one of the great nights in British boxing annals by stopping Ukrainian Wladimir Klitschko in the 11th round to be crowned IBF, WBA and IBO world heavyweight champion in front of 90,000 fans at Wembley Stadium on Saturday. Joshua survived a knockdown for the first time in his professional career in the sixth round and looked close to surrendering his unbeaten record until his late bombardment forced the stoppage. In a sensational fifth round, Joshua knocked down Klitschko

Growth in China’s manufacturing sector slowed faster than expected in April, an official survey showed on Sunday, as producer price inflation cooled and policymakers’ efforts to reduce financial risks in the economy weighed on demand. Growth in China’s services sector slowed slightly to 54.0 in April, compared with the previous month’s reading of 55.1, which was the highest since May 2014. But growth is expected to slow as authorities step up a battle to cool the property sector and as the centr

This is the time of year when several states conduct standardized testing for elementary school students. Bush’s successor, Barack Obama, then doubled down on that with an additional $4.3 billion dollars in total funding—largely based on test scores as part of his “Race to the Top” program. However, just as high test scores can earn a school or state more funding, low test scores can be used to close schools and even dismiss teachers. Ripley has previously pilloried “opt out parents” in a series

According to Career Sidekick, spring months are some of the best to make a career move. That’s because employers are eager to lock in new hires before Memorial Day. After Memorial Day, summer vacations often make it difficult to efficiently move through the hiring process. November and December tend to be some of the worst times to begin a job search, according to Career Sidekick. If you’re looking for a new job, Liz Wessell, the 26-year-old co-founder and CEO of WayUp, has three tips for you.

For anyone who’s ever wanted to visit odd places—such as the world’s first nuclear power plant, a cemetery or a museum for mechanical puzzles—next Saturday might be a day to mark on the calendar. May 6 is Obscura Day, organized by Atlas Obscura, a website devoted to documenting places and things charming and alarming but usually left out of standard guidebooks. This year, Obscura Day will include more than 170 special programs, expeditions and tours in the U.S. and around the world. “We sometime

In two videos, shared Saturday by TMZ, a woman is seen rushing headlong into another woman. As the women tussle on the ground, the pilot steps in and appears to grab one woman’s arm and then delivers a blow. A third woman can be seen kicking at the two women and then sitting on them. The pilot has since returned to work, Delta officials said, because their investigation revealed that “his actions de-escalated an altercation between passengers. The police responded to the dispute at Hartsfield-Ja

Vice President Mike Pence on Sunday morning acknowledged that the Trump administration’s tax proposal could increase the deficit, at least at first. “Maybe in the short term,” he said during an exclusive interview on NBC’s “Meet The Press,” while predicting that it would eventually be overcome by economic “growth.” More from NBC News:Trump tax plan could save his voters money, but cuts will followHouse and Senate vote to keep government open one more weekThe top Democrat on taxes hasn’t given up

McMaster, reassured his South Korean counterpart, Kim Kwan-jin, that the U.S. alliance with South Korea was its top priority in the Asia-Pacific region, the South’s presidential office said. The conversation followed another North Korean missile test-launch on Saturday which Washington and Seoul said was unsuccessful, but which drew widespread international condemnation. South Korea and the United States say the sole purpose of THAAD is to guard against North Korean missiles. Two-month long U.S.

The type of credit card you put in your wallet should say something about you. Your choice of plastic answers a financial question as well as a philosophical one. Selecting the right card comes down to one truth: “Know thyself,” said Matt Schulz, senior industry analyst at CreditCards.com. “You should pick a credit card that fits your lifestyle.” Outstanding credit-card debt topped $1 trillion at the end of last year, the highest level since the Great Recession.