Crude Prices Fall As Us Holds Off on Replenishing Reserves
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Ukraine Fights to Hold Off Fierce Russian Assaults in Northeast
While Ukrainian officials and analysts said that a Russian advance across the border appeared to be slowing, President Volodymyr Zelensky canceled his participation in international events.The New York Times - Top stories - Ukraine -
Inflation eases to 3.4% in boost for the Federal Reserve
The Federal Reserve wants to see more progress in quelling inflation before cutting interest rates.CBS News - Top stories - Federal Reserve -
China and US envoys will hold the first top-level dialogue on artificial intelligence in Geneva
High-level envoys from the United States and China are set to meet in Geneva for talks about artificial intelligenceABC News - Tech - China -
US company Booking Holdings added to European Union's list for strict digital scrutiny
Booking Holdings, the U.S. company that owns BookingABC News - Tech -
Latest US inflation report may provide clues to future path of prices and interest rates
It’s perhaps the biggest question swirling around the U.S. economy right now: Is inflation stuck at an elevated level — or will last year’s steady decline resume sometime soonABC News - Top stories -
Oil Rises on Reports of U.S. Crude Inventories Draw But All Eyes Are on Inflation Data
Oil prices edged higher on reports of a larger-than-expected draw in U.S. crude inventories, but remained broadly under pressure on prospects of higher-for-longer rates due to sticky inflation.The Wall Street Journal - World -
On Holding more than doubles profit
On Holding, the Swiss apparel maker backed by tennis legend Roger Federer, said its first-quarter profit more than doubled on strong direct-to-consumer sales.MarketWatch - Business -
Inside the key Senate races holding primaries Tuesday
Voters are headed to the polls Tuesday for contentious U.S. Senate primary races in West Virginia and Maryland. CBS News political reporter Hunter Woodall has more.CBS News - Top stories -
Christie’s Holds Major Art Auctions Despite Cyberattack
Although a cyberattack hobbled its website, the auction house held two major sales, totaling $115 million, on Tuesday night. One expert praised the evening’s “really respectable sales in a difficult environment.”The New York Times - Top stories -
Walmart to Lay Off and Relocate Workers
The retailer is cutting hundreds of corporate jobs and asking some staff to move to large corporate hubs.The Wall Street Journal - Business -
WNBA season tips off Tuesday
The 28th WNBA season kicks off Tuesday night with four games, including Caitlin Clark's highly anticipated debut for the Indiana Fever.CBS News - Top stories - WNBA -
2024 WNBA season tipping off
The WNBA season tips off Tuesday night with several big names, including Caitlin Clark and Angel Reese, making this possibly the most anticipated season start in the league's history. Ben Pickman, a staff writer for The Athletic, joined CBS News ...CBS News - Top stories - WNBA -
Australian Government's Budget Bets On Rapid Fall In Inflation
Australian Treasurer Jim Chalmers has framed the center-left Labor government’s 2024-2025 budget around the themes of cost of living relief, income tax cuts and the tantalizing prospect of a fall in mortgage interest rates by early next year.The Wall Street Journal - World - Australia -
WSJ Dollar Index Falls 0.14% to 99.67
The dollar gave back gains made earlier on April’s unexpectedly high PPI inflation, with the WSJ Dollar Index settling down more than 0.1%.The Wall Street Journal - World -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
China's Central Bank Holds Key Policy Rates Steady
The People’s Bank of China held key policy rates steady, a move that could preface a hold on benchmark lending rates later this month.The Wall Street Journal - World - China -
Hold my beer…6 emerging cities in the craft brew scene
Why not get off the beaten brewery path and try something new? Many places across the country are emerging as bona fide craft beer hot spots.MarketWatch - Business -
Is it worth it to own Treasurys right now? These 5 charts might hold the answer.
Whether or not it makes sense to own Treasurys right now has become one of Wall Street’s favorite debates.MarketWatch - Business -
In Rome, Suspense on the Tennis Court Is Matched by Drama Off of It
A water bottle incident involving Novak Djokovic and strange umpiring overshadowed the play of some of the sport’s top stars.The New York Times - Sports -
Polling sets off fresh alarm bells for Biden
A fresh poll from The New York Times brought more bad news for President Biden as he struggles to catch up to former President Trump in the key battleground states that will decide November’s election. The poll found Trump leading in five out of ...The Hill - Politics - Joe Biden -
Anglo’s drastic plan to fend off BHP
Restructuring will forever change 107-year-old miner as £34bn takeover battle loomsFinancial Times - Business -
Walmart is laying off and relocating hundreds of corporate workers
Walmart is laying off hundreds of corporate workers across the country as it relocates many employees to its Arkansas headquarters.NBC News - Top stories -
Zayn Malik says he was kicked off Tinder
The single dad said he was kicked off the dating app "once or twice."CBS News - Top stories -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Inside the rise and fall of Ashley Madison: ‘People literally lost their lives’
A new Netflix docuseries explores how the site that enabled married people to have affairs devolved into chaos back in 2015. In theory, the internet promised, among other things, a solution to the age-old conundrum of finding a date. If you wanted ...The Guardian - World -
German skilled trades facing falling turnover and job losses
Yahoo News - World - Germany -
Treasury yields fall for second straight session after PPI revision for March
Treasury yields finished lower on Tuesday after a downward revision to the U.S. producer-price index for March took some of the sting out of the unexpectedly hotter reading for April.MarketWatch - Business -
Pregnant woman, unborn child killed by falling tree during severe weather
Three people were killed in Louisiana -- including a pregnant woman and her unborn child -- due to severe weather on Monday, officials said.ABC News - Top stories -
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama.MarketWatch - Business -
Caitlin Clark finishes with 20 points as Indiana falls to Connecticut in WNBA opener
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points as the Indiana Fever fell to the Connecticut Sun 92-71 on Tuesday nightABC News - Sports - WNBA -
Burberry warns of tough first-half trading as profits fall sharply
UK fashion group seeks to overhaul brand as wider luxury market suffers downturnFinancial Times - Business -
Eurozone inflation to fall faster than expected, EU says
Revised figure comes as impact of Red Sea trade disruption proves milder than expectedFinancial Times - Business - European Union -
Victoria’s Secret Fashion Show will return in the fall after four-year hiatus
Victoria's Secret said Wednesday that its once-celebrated fashion show will return after the retailer canceled it five years ago due to poor ratings and a slew of controversies.NBC News - Top stories -
Bud Light boycott may be losing steam as beer brand holds on to more store shelf space than expected: analyst
Bud Light will continue losing shelf space this summer in the wake of last year’s boycott of the brand, which stemmed from a promotion featuring transgender influencer Dylan Mulvaney, but it won’t lose as much as expected, according to one analyst.MarketWatch - Business