Dow Jones Newswires German Economy Seen Contracting in 2023 on Persistent Inflation Ifo Institute Says
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Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
German Foreign Office says report of spat with Netanyahu 'misleading'
Yahoo News - World - Germany -
BOC's Macklem Says Inflation Edges 'Closer to Normal'
Bank of Canada Gov. Tiff Macklem says inflation is getting “closer to normal” and officials will monitor incoming data to check whether the downward momentum can be maintained.The Wall Street Journal - World -
Kremlin spy suspect arrests may be tip of iceberg, says former German agency chief
Gerhard Schindler says Russia has been ‘ramping up’ operations in west, as two men are accused of plotting sabotage at military sites. . A former head of Germany’s foreign intelligence service has warned that the discovery of two men suspected of ...The Guardian - World - Germany -
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 -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
Is the global economy stumbling into ‘the tepid Twenties’?
Growth is picking up in the short term, but fears are mounting of a stagnant decade, with bleak political consequencesFinancial Times - Business -
Oxford shuts down institute run by Elon Musk-backed philosopher
Nick Bostrom’s Future of Humanity Institute closed this week in what Swedish-born philosopher says was ‘death by bureaucracy’. Oxford University this week shut down an academic institute run by one of Elon Musk’s favorite philosophers. The Future ...The Guardian - World -
WSJ Dollar Index Rises 0.3% This Week
The dollar was flat Friday but edged 0.3% higher on the week, marking a second-straight weekly gain.The Wall Street Journal - World -
Dak 'fine in any situation' when it comes to deal
Dak Prescott said Friday that negotiations have not really begun with the Cowboys on a new deal, although he had what he termed a "great conversation" with owner and GM Jerry Jones about a month ago.ESPN - Sports -
10 observations: Connor Bedard, Blackhawks put a bow on 2023-24 season
The Blackhawks fell to Los Angeles 5-4 in overtime on Thursday to put a bow on the 2023-24 season. Here are 10 observations from the loss.Yahoo Sports - Sports - NFL -
24 Mother's Day Gifts We've Tried and Love (2023)
From hair tools and iPads to board games and bike bags, we have a pick for every type of mom and mom figure.Wired - Tech -
A contrarian take on the US inflation freakout
Not as bad as it looks — better for the Fed to keep calm, and carry on?Financial Times - World -
Google Fires 28 Employees Who Protested an Israeli Cloud Contract
The dismissals escalated longstanding tensions between company leaders and activist employees opposed to supplying technology to Israel’s government.The New York Times - Tech - Google -
German vice chancellor spends morning in Kiev air raid shelter
Yahoo News - World - Germany -
German police find arsenal of weapons in raid on alleged drug dealer
Yahoo News - World - Germany -
Government Contracts Are So Confusing That Congress Just Wrote a Bill to Simplify Them
As the small-business contracting base dwindles, simplifying the language within federal contracts might end up being a huge lift for entrepreneurs.Inc. - Business -
German customs allows detained cargo ship to depart Baltic Sea port
Yahoo News - World - Germany -
'Sesame Street' writers reach tentative contract deal, averting strike
Members of the Writers Guild of America at Sesame Workshop, the nonprofit organization behind the TV show 'Sesame Street,' have struck a deal to avert a strike.Los Angeles Times - Entertainment -
How much money Americans in their 30s saved in 2023—and how to save more, according to a CFP
Despite various financial burdens, people in their 30s managed to save the most out of any age group last year — and here's how they can save even more in 2024.CNBC - Business -
Why the NFL Draft is so unpredictable: 2023 first-round pick sums things up with this one story
The Bucs' Calijah Kancey, taken 19th overall, shares his emotional taleCBS Sports - Sports - NFL -
Subsidy race with US and China would harm Europe’s ailing economy, IMF warns
Fund urges EU to avoid ‘protectionist’ policies and focus on cutting internal trade barriersFinancial Times - World - China -
Police in Paris detain a man wearing fake explosives vest at Iran's Consulate
Paris authorities say a man wearing a fake explosive vest and making threats has been detained outside the Iranian Consulate in ParisABC News - World -
Tesla recalls Cybertruck over 'trapped pedal' issue seen in owner's viral TikTok video
Tesla has issued a voluntary recall of 3,878 of its Cybertruck vehicles to repair a "trapped pedal" issue seen in a viral TikTok video.CNBC - Business - Tiktok -
Taylor Swift Just Made Another Big Announcement, and We All Probably Should Have Seen This Coming
Oh look, a 2 a.m. "surprise."Inc. - 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 -
German cars are the best in the world, its finance minister insists: 'They do not have to fear Chinese competition'
German cars are “the best in the world” and the country’s carmakers do not have to fear competition from China, German Finance Minister Christian Lindner said.CNBC - Business -
Julian Nagelsmann extends Germany contract: Where can Bayern Munich turn after missing another manager target?
The former Bavarian boss opts to extend his deal with Germany national team and Euro 2024 hostsCBS Sports - Sports -
Claudia Winkleman on swearing, success and secrets: ‘I had to sign a contract promising not to sing’
With three hit shows – Strictly, The Traitors and the returning The Piano – Claudia Winkleman is TV’s hottest presenter. She talks about being tone deaf, being a style icon … and why she’s allergic to praise. Claudia Winkleman is convinced she ...The Guardian - World -
Cowboys' Trey Lance praise amid Dak Prescott contract stalemate highlights flaws in team's roster management
The Cowboys, who appear for a big reset after 2024, could very well be without both QBs in 2025CBS Sports - Sports -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
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 -
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 -
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 -
'We've never seen anything like this': Dubai Airports CEO expects normal service within 24 hours after flood chaos
Dubai Airports CEO said he expects services to return "close to normality" soon as the major transit hub deals with the fallout from unprecedented flooding.CNBC - Business -
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 -
Ukraine Says It Downed Russian Bomber
The downing of the Tu-22 comes as each side wrestles for control of the skies with the front lines largely deadlocked.The Wall Street Journal - World - Ukraine -
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 -
Israel and Iran stay largely silent after limited retaliatory strike
A person familiar with the situation told NBC News that Israel carried out an operation in Iran. Earlier, Israeli officials notified U.S. officials that a response was coming.NBC News - Top stories - Iran -
Melania Trump says US 'must unite'
Melania Trump is making a pitch for unity and says the "safety" of Americans would be her prime concern if her husband, former President Trump, wins his bid to return to the White House. "The safety and well-being of American families remains my ...The Hill - Politics - Donald Trump