Economic Report Job Openings Rise to 3 Month High Keeping Pressure on the Fed
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Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Deutsche Bank shares up 6% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Biden, Trump tied for first time in months in 3-way race with RFK Jr.
President Biden and former President Trump are tied in the latest national polling average of a hypothetical three-way general election race that includes independent candidate Robert F. Kennedy Jr., according to The Hill/Decision Desk HQ (DDHQ). ...The Hill - Politics - Joe Biden -
Xander Bogaerts has season-high 3 hits, Padres beat Rockies 5-2
Xander Bogaerts had a season-high three hits, Matt Waldron gave up one run in six innings and the San Diego Padres beat the Colorado Rockies 5-2 on Wednesday nightABC News - Sports - MLB -
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.
Prada reported an increase in revenue for the first three months of the year, despite what the luxury brand called a more challenging market environment.The Wall Street Journal - World -
The 'Senior' Jobs That Require Little or No Experience
Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes could lead to dubious promotionsThe Wall Street Journal - World -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - Business -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
‘If pressure is a privilege, England are about to feel very lucky’
England have big decisions to make as they prepare to name their squad for the T20 World Cup, says Stephan Shemilt.BBC News - Top stories -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
Greece’s economic rebound in (painful) context
Scar tissue that I wish you sawFinancial Times - World -
Ukraine is putting pressure on fighting-age men outside the country
Ukraine is scrambling to get much-needed new supplies of weapons and ammunition from a huge U.S. aid package to its eastern front lineABC News - World - Ukraine -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
Wearing denim for Sexual Assault Awareness Month
Yahoo News - World -
Breaking barriers: The rise of women's weightlifting
From improved mental health to enhanced confidence, women are reaping the benefits of weightlifting.BBC News - Top stories -
Nasdaq Futures Fall as Meta Slides
Stock futures fell, with the Nasdaq-100 posting the biggest losses as Meta dragged down the wider tech sector.The Wall Street Journal - World - Meta -
Metals Mixed Ahead of Key U.S. Data
Base metals prices ticked higher while gold fell slightly as traders awaited key U.S. economic and inflation data for further clues on the Fed’s monetary-policy trajectory.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
The FTC is banning noncompete agreements. Did your job search just get easier?
The regulator voted to ban the controversial agreements that block millions of workers from going to a rival employer. Here’s what it all means for workers.MarketWatch - Business -
Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
Handbag Designer Nancy Gonzalez Sentenced to 18 Months for Smuggling Exotic Skins
Nancy Gonzalez, whose clients included Britney Spears and Sofia Vergara, smuggled purses from her native Colombia to the United States using couriers. She will serve 18 months.The New York Times - Lifestyle -
MLB Power Rankings: Who's No. 1 one month into the season?
One red-hot team is inching closer to a top-five debut this week, while an AL power continues to slip down our list.ESPN - Sports - MLB -
April 24, 2024 - US university protests
Pro-Palestinian protests are taking place at major American universities, prompting some officials to take extraordinary steps to confront the growing crisis. Follow for live news updates.CNN - Top stories -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom