Crude Prices Fall As Us Holds Off on Replenishing Reserves
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Silver lining for consumers: Food price growth has gone flat and other prices are falling
Price growth in many key consumer categories has slowed considerably or ceased altogether — but that has done little to dent consumer worries as the costs of housing and other services have continued to climb.NBC News - Top stories -
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 -
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 -
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 -
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 -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
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 -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
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 the 107-year-old miner as a £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 -
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 -
Four dead in protests against flour and energy prices
Yahoo News - World -
Producer Prices Rose More Than Expected in April
Producer Prices Rose More Than Expected in AprilThe Wall Street Journal - World