Consumers Are Keeping the Us Out of A Recession It S Getting Harder
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U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
Biden campaign plans to keep using TikTok through the election
Joe Biden’s re-election campaign plans to continue using TikTok for at least the next year, despite the president signing a law Wednesday that would ban the social media platform nationwide if its China-based parent company doesn’t sell it in that ...NBC News - Politics - Joe Biden -
Let’s Keep This Vintage Fashion Boutique Just Between Us
A laid-back shop in Los Angeles is a semi-secret spot for celebrities and costume designers.The New York Times - Lifestyle -
In a Memo to Employees, Delta’s CEO Announced They Were Getting Raises. These 5 Words Stuck Out
Delta is giving out raises for the third year in a row. It's a lesson for every leader.Inc. - Business -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
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 -
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 -
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 -
Heat star Jimmy Butler trolls Celtics on Instagram after Miami's Game 2 upset win: 'Don't let us get one'
Butler is currently sidelined, but has plenty of time for playoff memesCBS Sports - Sports - NBA -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS 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 -
Level 5's New Mech RPG Combat Game Could Scratch Your Gundam Itch
Developer Level 5 has just dropped its new mech RPG game, Megaton Musashi W: Wired. It's available for PC, PlayStation 4, PlayStation 5, and Nintendo Switch.. The game was first released in Japan for consoles in November 2021 and has now made its ...GameSpot - Tech -
The ‘Golden Bachelor’ Is Getting a Divorce
The “Golden Bachelor” couple, Gerry Turner and Theresa Nist, said they are getting a divorce, just three months after getting hitched.The New York Times - Lifestyle -
Why is it so cold this week?
Why has the weather felt so wintry recently, and when can we expect a change to something warmer?BBC News - Top stories -
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 -
Japan's Moon Lander Keeps Waking Up After It Was Supposed to Die
Yahoo News - World - Japan -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
The best floor fans of 2024 will keep you cool in the hot days to come
These best cooling floor fans from Dyson, Honeywell, Black+Decker and more will cool you in the months ahead.CBS News - Top stories -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
2 Starving Families in Gaza Try to Keep Their Children Alive
The United Nations says famine is likely to set in by May. For those living under Israel’s attacks and a crippling blockade, every day is a race against time.The New York Times - World -
2 Starving Families in Gaza Try to Keep Their Children Alive
The United Nations says famine is likely to set in by May. For those living under Israel’s attacks and a crippling blockade, every day is a race against time.The New York Times - World -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Prosecutors Say Trump Keeps Breaking Gag Order, With Four New Violations
The judge in his criminal case is already considering whether to punish the former president for statements about jurors and witnesses in the case.The New York Times - Top stories - Donald Trump -
Battery Shortages Keeping FedEx and UPS Vans From Going Electric
Fleets of step vans are also in short supply, keeping cargo giants from completing their EV transitions.Inc. - Business -
The best golf bags in 2024 to keep your clubs and other gear organized
Looking to level up your golf game in 2024? These top-rated golf bags are the next best thing to hiring a caddy.CBS Sports - Sports -
Dow drops more than 400 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Emotional Support Stuffed Animals or Blankets: Sharing Space With a Partner Who Has Stuffies or Blankies
Sharing a bed with a partner sometimes means making way for a beloved stuffed animal or blanket, too.The New York Times - Lifestyle -
How do Cicadas Know When to Come Out?
Scientists are making computer models to better understand how the mysterious insects emerge collectively after more than a decade underground.The New York Times - Science -
Roma to play out 18-minute game with Udinese
AS Roma and Udinese are to play out the final 18 minutes of their Serie A clash on Thursday, nearly two weeks after Evan Ndicka's on-pitch collapse caused the game to be suspended.ESPN - Sports -
Baffert's Muth out of Kentucky Derby after ruling
A Kentucky appeals court judge has denied Zedan Racing Stables' requests for an emergency hearing and ruling that sought to allow Bob Baffert-trained Arkansas Derby winner Muth to run in next week's Kentucky Derby at Churchill Downs.ESPN - Sports -
Paul Skenes finally starts building up workload but Pirates GM is keeping any promotion benchmarks secret
Wednesday's start was the first time Skenes had pitched into the fifth inning since he was draftedCBS Sports - Sports -
Manchester United 4-2 Sheffield United: Red Devils roar back to keep top six hopes on track
Sheffield United took the lead twice at Manchester United but the Red Devils came roaring back.Yahoo Sports - Sports - Premier League