Chinese Consumers Hoard Cash after Confidence Takes A Hit
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U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - Business -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - World -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - World -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - World -
Contreras has 3 hits as Brewers take advantage of sloppy inning by Pirates in 3-2 victory
William Contreras had three hits and the Milwaukee Brewers used one big inning to edge the Pittsburgh Pirates 3-2ABC News - Sports -
France and Urías hit 2-run HRs as Mariners beat Texas 4-3 to take series and top spot in AL West
Ty France and Luis Urías hit two-run homers, Luis Castillo pitched six solid innings and Seattle beat the Texas Rangers 4-3ABC News - Sports - MLB -
WATCH: Pete Crow-Armstrong launches home run for first MLB hit after Cubs' top prospect returns to majors
Crow-Armstrong was called up in the wake of Cody Bellinger's injuryCBS Sports - Sports - MLB -
Panthers' Sam Bennett out 'at least a week' after taking shot off his hand in Game 2 vs. Lightning
Bennett recorded a goal and an assist before leaving the game.CBS Sports - Sports -
NFL Draft: Bears banking on Caleb Williams after taking the 2022 Heisman winner with the No. 1 pick
The Chicago Bears did exactly as expected by taking USC star Caleb Williams with the No. 1 pick in the NFL draftABC News - Sports - NFL -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
More Americans have little, no confidence in Netanyahu: Poll
An increasing number of Americans have little to no trust in Israeli Prime Minister Benjamin Netaynahu's handling of world affairs, according to a new poll. A new report, issued Thursday by Pew Research Center, found 53 percent of U.S. adults said ...The Hill - Politics -
Yellen confident U.S. inflation will continue to cool
Treasury Secretary Janet Yellen, remains confident the U.S. economy is “on a downward path for inflation” that could enable the Federal Reserve to cut interest rates in the months aheadMarketWatch - Business -
How big a threat to Humza Yousaf is a no-confidence vote?
How likely is the first minister to be ousted by a vote of confidence in the Scottish Parliament?BBC News - Top stories -
Scottish Greens will vote to oust Yousaf after he ends power-sharing deal
Patrick Harvie says Humza Yousaf "burnt his bridges" by scrapping the power-sharing deal between the SNP and Greens.BBC News - Top stories -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Astronauts confident Boeing's Starliner is finally ready for crew flights
Astronauts Barry Wilmore and Sunita Williams say they have complete confidence in the Starliner despite questions about Boeing's safety culture.CBS News - Top stories -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - Business - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
Chinese woman charged in UK with criminal possession of crypto
Yadi Zhang made initial appearance at Westminster Magistrates Court on WednesdayFinancial Times - World - United Kingdom -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
Cash-for-bottle deposit scheme delayed until 2027
The planned recycling scheme has been pushed back following disagreements between devolved administrations.BBC News - Top stories -
'On Giving Up' Review: Taking No Sides
To give up can mean to quit a habit, such as smoking, or to lose enthusiasm for living. What connects these notions philosophically?The Wall Street Journal - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
Chinese swimming row rumbles on as Ukad joins clamour for investigation
Ukad calls for transparency from Wada on positive testsBody has noted developments in the case ‘with concern’Pressure continues to grow on the World Anti-Doping Agency (Wada) after UK Anti-Doping (Ukad) became the latest body to call for an ...The Guardian - World - China -
Anti-doping body faces calls for review over Chinese swimmers
UK agency combating drugs in sport adds to pressure ahead of Paris Olympics over 2020 positive testsFinancial Times - Business -
FirstFT: BHP proposes all-stock takeover of Anglo American
Also in today’s newsletter, Meta’s shares tumble and Columbia’s ‘Gaza Solidarity Encampment’Financial Times - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business