Dow Jones Newswires Spain Inflation Unexpectedly Accelerated in January on Higher Fuel Prices
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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 -
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Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Top stories -
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 -
Flood of Cheap Chinese Steel Fuels Global Backlash
The country’s property bust has saddled its steelmakers with a glut of unsold metal that they are now shipping overseas at knockdown prices.The Wall Street Journal - World -
Brunson using season-ending turnover as fuel
Ahead of the Knicks opening up the playoffs against the 76ers, Knicks star Jalen Brunson admitted he spent all summer thinking about his turnover in the closing moments of New York's Game 6 loss to the Miami Heat last spring.ESPN - Sports -
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 -
Supreme Court hears arguments over obstruction law used against January 6 rioters
The Supreme Court will consider whether part of a federal obstruction law can be used to prosecute some of the rioters involved in the January 6, 2021, attack on the US Capitol. Follow here for the latest live news updates.CNN - Top stories -
Tesla recalls Cybertrucks over accelerator crash risk
The electric car company, run by Elon Musk, is recalling thousands of what is its latest vehicle.BBC News - Top stories - Tesla -
Tesla recalls new Cybertrucks over accelerator hazard
Tesla is recalling some of its Cybertruck vehicles after a hazard was found with the accelerator pedal. According to a recall notice posted by the National Highway Traffic Safety Administration (NHTSA), the accelerator pedal pad may dislodge and ...The Hill - Politics - Tesla -
JPMorgan warns of need for ‘reality check’ on phasing out fossil fuels
US bank says higher interest rates, inflation and global conflict have dented outlook for energy transitionFinancial Times - Business -
Facing Shrimp-Fueled Debt, Red Lobster Reportedly Mulls Chapter 11
The Florida-based seafood chain reportedly considers protection from creditors to work from under debt worsened by its all-you-can-eat shrimp deals.Inc. - Business -
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 -
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 -
Tesla to Recall 3,878 Cybertrucks Due to Accelerator Pedal Problem
The National Highway Traffic Safety Administration says the Cybertruck’s accelerator pedal pad might dislodge and get trapped, causing the vehicle to accelerate unintentionally.The Wall Street Journal - World - Tesla -
Tesla recalls almost 4,000 Cybertrucks over faulty accelerator
Tesla is recalling almost 4,000 of its flagship Cybertrucks to fix a potentially dangerous fault with their accelerators' pedals.NBC News - Top stories - Tesla -
Tesla recalls nearly 4,000 Cybertrucks over faulty accelerator pedal
US officials say pedal pad could come loose and get lodged in interior trim, causing vehicle to accelerate unintentionally. Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior ...The Guardian - World - Tesla -
Party Like It’s 1989
In the 1980s and ’90s, Dafydd Jones’s party shots captured Manhattan’s rich and powerful.The New York Times - Lifestyle -
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 -
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 -
Tom Brady fuels NFL comeback speculation by sharing video of himself working out shirtless
Brady is staying in shapeCBS Sports - Sports - NFL -
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 -
Gold prices are high: How to find the best gold prices right now
With gold prices teetering on the edge of $2,400, here's how you can find the best price available now.CBS News - Top stories -
What is bitcoin halving – and will it affect the price?
Process has coincided with a rise in price in the past and is due to take place again on Saturday. Satoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.. This week ...The Guardian - World - Crypto -
Tesla Recalls Cybertruck Over Faulty Pedals—Its Worst Flaw Yet
Tesla has issued a voluntary recall for nearly 4,000 Cybertrucks because the accelerator pad could get trapped, pushing the car to full speed.Wired - Tech - Tesla -
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 -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
They Bet Against the Dollar. Now They're Paying the Price.
The dollar recently hit a 34-year high against the yen, sending ripples through global markets.The Wall Street Journal - World -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Shoppers shun department stores as prices rise
Higher prices put off shoppers as sales volumes overall stagnate in March.BBC News - Top stories -
BYD Yangwang U8 2024: Price, Specs, Availability
Meet the tank-turning, 4-ton Yangwang U8 from BYD. It's the world’s most powerful SUV—and yes, it floats on water.Wired - Tech -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - World - Israel -
Japan Consumer Prices Rose at Slightly Slower Pace in March
Japan’s consumer prices rose at a slightly slower pace in March due to lower energy prices but remained well above the central bank’s 2% target.The Wall Street Journal - World - Japan -
UK car insurance prices fall for first time in two years
Quarter-on-quarter drop provides some relief for households but quotes are up 43% from a year agoFinancial Times - Business - United Kingdom -
Oil price rises as US says Israel has struck Iran
Reports of a retaliatory strike by Israel raise commodity prices and fears over inflation.BBC News - Top stories - Israel -
London house prices underperformed rest of UK for past 8 years
High costs, post-Covid trends and rising mortgage rates suppressed demandFinancial Times - Business - United Kingdom