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Education reform 'good politics, good policy,' School choice advocate says

In an interview with CNBC, a Democratic education advocate urges the U.S. to grab the "third rail" of school reform to curb the income gap.

Source: CNBC.com

WRAPUP 1-Smaller U.S. goods trade gap seen boosting Q1 GDP growth

WASHINGTON, April 27- The U.S. goods trade deficit narrowed sharply to a one-year low in March, as both imports and exports fell, suggesting economic growth in the first-quarter was probably not as weak as currently anticipated. The Commerce Department said in its advance report on Wednesday that the goods trade gap tumbled 10.3 percent to $56.90 billion last...

Source: Reuters

UPDATE 4-Britain would pay a "Brexit tax" outside the EU - OECD

Angel Gurria, secretary general of the Organisation for Economic Co-operation and Development, said Britain outside the EU would face less access to the bloc's single market, lower investment and companies moving abroad. The global economic policy body warned of further strains on Britain's wide current account gap and a weaker pound, and Gurria accused the "...

Source: Reuters

Wall Street sees increasingly divided Fed: Survey

The CNBC Fed Survey shows respondents view the gap on monetary policy views between Janet Yellen and Stanley Fischer as significant and growing.

Source: CNBC.com

U.S. goods trade deficit narrows sharply in boost to Q1 GDP

WASHINGTON, April 27- The U.S. goods trade deficit narrowed sharply in March as imports tumbled, suggesting economic growth in the first-quarter was probably not as weak as currently anticipated. The Commerce Department said in its advance report on Wednesday that the goods trade gap fell to $56.90 billion last month from $63.44 billion in February.

Source: Reuters

China services trade deficit widens to $21 bln in March on tourist spree

BEIJING, April 27- China's trade deficit in services widened to $21.0 billion in March from February's $16.0 billion, the foreign exchange regulator said on Wednesday. March's gap was largely led by a $19.1 billion gulf in spending between Chinese who spent more abroad than foreign tourists did in China, data from the State Administration of Foreign Exchange...

Source: Reuters

Wait until you’re 33 to have kids if you want keep your salary: Study

A new study finds that the age at which a woman has her child plays into the workplace and wage gap discrimination issue.

Source: CNBC.com

Abu Dhabi says to fund wider 2016 deficit mainly via bond issues

DUBAI, April 24- Abu Dhabi expects to post a wider budget deficit of 36.9 billion dirhams in 2016 because of low oil prices, and plans to cover the gap mainly with international bond issues, a prospectus for a bond sale by the emirate showed. Abu Dhabi, the largest and wealthiest member of the United Arab Emirates, has been meeting investors since Tuesday for a...

Source: Reuters

Caterpillar keeps on digging its credibility gap

In a series of stumbles, Caterpillar management may not be a great judge of its own business cycle, Reuters Breakingviews reports.

Source: Breakingviews

Gap in death rates between rich and poor young Americans narrows -study

WASHINGTON, April 21- Death rates for U.S. infants, children, teenagers and young adults are falling, particularly among those in poor regions, likely due to social policies that have helped the most disadvantaged families, researchers said on Thursday. Their study, using county-level U.S. Census Bureau data from 1990 to 2010, found that even with persistent...

Source: Reuters