US

US Catch-up: Presidential hopefuls beg, borrow and deal for campaign donations

Everything you need to know for the week ahead in the US

President Joe Biden’s re-election team is drawing on Vice President Kamala Harris’ ties to Hollywood and Silicon Valley to court big-ticket contributions. Picture: Getty

The big clue:

Fed watchers will be seeking that clarity and evidence of the economy cooling down in US GDP and jobless numbers as well as a fresh read on inflation with the PCE gauge. The economic data will be key to divining the central bank’s next step and how the bond market fares. For now, Fed Chair Jerome Powell has bond traders right where he wants them.

The big settlement:

3M has tentatively ...