Ecb Raises Rates by Half Point Despite Mounting Banking Stress
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ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss ...CBS News - Top stories -
Dogged Timberwolves force Game 7 with 45-point destruction of Nuggets
Anthony Edwards scores 27 as Wolves beat Nuggets 115-70Teams will meet in winner-take-all Game 7 on SundayAnthony Edwards scored 27 points to pull the Minnesota Timberwolves out of their mid-series slump and deliver a flawless 115-70 victory over ...The Guardian - World - NBA -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
Kanté in France's Euro squad despite Saudi move
France coach Didier Deschamps included midfielder N'Golo Kanté in his preliminary list of players for the European Championship on Thursday and gave a first call-up to Paris Saint-Germain forward Bradley Barcola.ESPN - Sports -
IDF posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories -
Engie Backs Outlook Despite Dip in Earnings
Engie reaffirmed expectations for the year after core earnings fell slightly in the first quarter, driven by declines from its networks and global energy management and sales businesses.The Wall Street Journal - World -
Gruev sparks first-half goal rush as Leeds stun Norwich to reach Wembley
Property experts believe Leeds is becoming an increasingly fashionable home for bright young professionals priced out of London but, as compelling as their arguments are, the city lacks one vital magnet: a Premier League football team.. Or at ...The Guardian - World -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
How Russia has advanced in Kharkiv despite warnings attack was coming
Shortage of munitions, fighters and air defences leaves Ukraine unprepared to repel attack. Russia’s attack across the border north and north-west of Kharkiv was telegraphed by Moscow, predicted by western intelligence and anticipated by Ukraine. ...The Guardian - World - Russia -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
WNBA rookie tracker: Clark held to 9 points as Fever fall to 0-2
We're tracking every game for one of the most anticipated rookie classes in WNBA history.ESPN - Sports - WNBA -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
As Mount Sinai Beth Israel Hospital Faces Closure, Patient Care Suffers
Amid a standoff with the state over whether Beth Israel Hospital will close, severely ill patients keep arriving to a hospital that cannot always care for them.The New York Times - Top stories - Israel -
Tesla must climb ‘Mount Everest’ to win shareholder vote, chair warns
FT Exclusive: Robyn Denholm outlines stakes for carmaker and says the idea she is too close to Elon Musk is ‘crap’Financial Times - Business - Tesla -
Premier League betting: Despite Manchester City's status as extreme title favorites, there's still value to be had Sunday
City is -1600 to win the league but only -900 to beat West Ham. A victory over West Ham locks up a fourth consecutive EPL title.Yahoo Sports - Sports - Premier League -
Mets owner Steve Cohen denies team is planning to sell at trade deadline despite now-deleted tweet
The Mets sit in fourth place in the NL East at 19-23CBS Sports - Sports -
Tom Brady won't be restricted on NFL games he can broadcast despite pending ownership deal with Raiders
An NFL exec says as of right now, 'Tom's able to call any game on the schedule'CBS Sports - Sports - NFL -
2024 PGA Championship takeaways: Rory McIlroy looks poised to break major drought despite struggles off tee
Will McIlroy win his third straight tournament and take home his first major championship in a decade?CBS Sports - Sports -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World