Dow Jones Newswires Caixabank Sees Forecast Beating Profit Thanks to Higher Net Interest Income
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Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
As Paramount’s stock soars, bonds see net selling despite juicy yields and discounted prices
Paramount’s bonds that mature in 2032 and 2036 are currently yielding more than 7%.MarketWatch - Business -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
Robert Kraft should be thanking Bill Belichick, not talking behind his back
Bill Belichick is not owed a coaching job, but the least he could ask for is the support of a guy he helped make richer and more famous.Yahoo Sports - Sports -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Why many WNBA players leave the U.S. to supplement their incomes
Caitlin Clark's relatively low salary of $76,535 in her first year in the pros sheds light on why dozens of WNBA players compete abroad in the offseason.NBC News - Top stories - WNBA -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
This 'Shark Tank' Founder Restructured Her Business Thanks to Barbara Corcoran--Her 3 Big Takeaways
Barbara Corcoran made a deal with Angie Cella's hair bedazzling tool company Blinger--with one big condition.Inc. - Business -
Purple pain: Our first-round forecast isn't what LeBron & AD want to hear
L.A. has a tough matchup against the defending champs, and our crew's pick might be rough for Lakers fans. Here's how we see each first-round series unfolding.Yahoo Sports - Sports -
P&G Sales Boosted by Higher Prices Outside the U.S.
Higher prices for diapers and razors boosted sales and profits at Procter & Gamble in the latest quarter, but the maker of Pampers and Tide said it held the line on goods in the U.S.The Wall Street Journal - World -
EPA issues waiver allowing higher-ethanol gas to be sold this summer
The Biden administration has issued a waiver allowing fuel with higher ethanol content to be sold during the summer months when gasoline prices typically rise. E15, a fuel blend with 15 percent ethanol, is an estimated $0.25 cheaper than E10 fuel, ...The Hill - Politics -
For a Storied N.H.L. Franchise, the Stakes Have Never Been Higher
The Oilers haven’t won a Stanley Cup since 1990. This team, with its future in limbo, could be Edmonton’s best chance.The New York Times - Sports -
Environmental Damage Could Cost You a Fifth of Your Income Over the Next 25 Years
The world is already committed to warming that will undercut the global economy by 20 percent between now and 2050. That’s six times the price of limiting warming to 2 degrees Celsius.Wired - Tech -
Next UN climate talks are critical to plot aid for poorer nations, says incoming president
The man who will run this year’s United Nations climate talks in November views the upcoming negotiations as a key link in international efforts to curb worsening global warming — if they can be successfulABC News - Tech - Climate -
Verstappen beats Hamilton to Chinese GP sprint win
Max Verstappen fights past Lewis Hamilton and Fernando Alonso to win the Chinese Grand Prix sprint race.BBC News - Top stories -
WATCH: Tourists flock to see Death Valley in bloom
Gorgeous fields of wildflowers are taking over California with bright yellow daisies even popping up in Death Valley, the driest and hottest place in America.ABC News - Top stories -
Comet Pons-Brooks: How and When to See It
Soon, this devil-horned comet won’t be visible for another seven decades.The New York Times - Science -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Dafydd Jones on Photographing New York Society in the ’80s and ’90s
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle - New York -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Draymond predicts Kings will beat Pelicans ‘pretty easily' in play-in game
Warriors forward Draymond Green shared his prediction for Friday night's NBA Play-In Tournament matchup between the Kings and New Orleans Pelicans.Yahoo Sports - Sports - NBA -
'I see a team under stress' - Klopp departure 'weighing' on Liverpool
Two weeks ago, Liverpool were top of the Premier League and had a favourable route to the Europa League final - things now look very different as Jurgen Klopp's departure looms.BBC News - Top stories -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Ukrainians Wait, Nervously, to See if U.S. Will Provide Critical Aid
From the battlefield to battered cities, soldiers and civilians are counting on Congress to approve $60 billion in military support. Without it, Ukrainian officials say, prospects in the war are grim.The New York Times - World - Ukraine -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Here's what 12 European Central Bank members said about interest rates this week
The ECB has become "the central bank to be followed," one central bank governor said.CNBC - Business -
Missouri Backs Big Expansion of Low-Interest Loans as Demand for State Aid Grows
State lawmakers approve increasing the money available for bargain-basement priced lending as inflation endures.Inc. - Business -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Starmer calls for police investigation into Tory MP Mark Menzies
Politician accused of using thousands of pounds given by donors for medical bills and personal expensesFinancial Times - World -
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel's strike against Iran before retreating, closing up 0.2%.
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel’s strike against Iran before retreating, closing up ...The Wall Street Journal - World -
Jesse Ventura claims he could beat Biden, Trump in hypothetical match-up
Former Minnesota Gov. Jesse Ventura (I) said he could beat both President Biden and former President Trump in a hypothetical match-up Thursday. “If I had ballot access in all 50 states and I were allowed to debate, I could beat these two major ...The Hill - Politics - Donald Trump