Consumers Keep Traveling Despite Recession Fears and Inflation
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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 -
Despite Recent Bill to Ban TikTok, Biden's Campaign Will Keep Using It
There are still concerns the platform is a security risk and a new law aimed at forcing its Chinese parent company to sell it, but the Biden campaign sees it as a promising messaging channel for younger voters.Inc. - Business - Joe Biden -
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 -
Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.CNBC - Business -
Stellar Blade - How To Fast Travel
Stellar Blade has you exploring Earth, albeit our planet which has been ransacked and ruined by monsters. As you head to various regions and facilities, you might be wondering if you've got the means to speed up your journey. Here's our guide on ...GameSpot - Tech -
Cleverly likens Tory plots against Sunak to leaving plane without parachute
UK home secretary says an attempted putsch against PM after a local election drubbing would be a ‘catastrophic idea’Financial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
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 -
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 -
This Genius Packing List Template Will Instantly Turn You Into an Ultra Organized Traveler
This free spreadsheet has gone viral by promising to make packing for your next trip totally stress free.Inc. - Business -
Video from Hamas shows Israeli-American hostage once feared dead
Hamas has released a disturbing new video of an American-Israeli hostage taken captive during the Oct. 7 attack. The video, which cannot be independently verified, shows Hersh Goldberg-Polin speaking under duress. He was previously feared dead.CBS News - Top stories - Israel -
Video from Hamas shows Israeli-American hostage once feared dead
Hamas has released a disturbing new video of an American-Israeli hostage taken captive during the Oct. 7 attack. The video, which cannot be independently verified, shows Hersh Goldberg-Polin speaking under duress. He was previously feared dead.CBS News - World - Israel -
Report: Up to 200,000 Palestinians have fled Rafah fearing offensive
Yahoo News - World -
Royal Caribbean sees record bookings as demand for experiences and travel grow
There were a lot of records associated with Royal Caribbean’s first-quarter report, including ticket pricing, bookings and the stock, as demand for cruises remained “very robust.”MarketWatch - Business -
David Pecker Says He and Others Around Trump Feared His Anger
They called Donald J. Trump “the boss.” The desire to avoid his fury drove many decisions made by those around him.The New York Times - Top stories - Donald Trump -
Why Some Smart Cruise Travelers Stay on the Ship During Port Days
It’s a dilemma at the heart of every cruise vacation: Brave the crowds on shore or take advantage of the lack of them on board? Here’s how to know when to stay and when to go.The Wall Street Journal - World -
Southwest Airlines is ending flights to four airports — and that’s not even the big news for travelers
Sit down for this one, Southwest Airlines travelers: The airline carrier with a distinct seating policy has suggested it’s rethinking its approach.MarketWatch - Business -
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.CNBC - Business -
India election: fears that Modi’s BJP will polarise voters in fight for key state
Muslims worry Modi’s party will rely on familiar tactics of drawing on religious divisions as it battles Congress to to retain seats in Karnataka. The sun scorched the carpeted car park at Mudipu Junction outside Mangalore in Karnataka state as ...The Guardian - World - India -
Poland’s foreign minister says Putin should fear a war with NATO
In a speech Thursday, Poland’s Foreign Minister, Radoslaw Sikorski said Russian President Vladimir Putin should fear a war with NATO as it would inevitably end in Russia’s defeat. “It is not we, the West, who should fear a clash with Putin, but ...The Hill - Politics -
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 -
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 -
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 -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
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 -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Despite the Watch World’s Secrecy, Data Services Expand
Swiss brands and retailers now have a few options to determine what’s happening with the industry. Just a couple of years ago, they had almost none.The New York Times - Lifestyle -
Agent: Cousins confused by Falcons' Penix pick
The Falcons selected quarterback Michael Penix Jr. with the No. 8 pick in the NFL draft Thursday.ESPN - Sports -
Niners: WR trade unlikely despite Pearsall pick
Despite using their first pick in the NFL draft on WR Ricky Pearsall, the Niners say they are unlikely to trade Brandon Aiyuk or Deebo Samuel.ESPN - Sports - NFL