Economic Report Us Households Boost Net Worth and Cut Back on Debt
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Bolts draft McConkey to boost depleted WR corps
The Chargers traded up three spots Friday in the second round of the NFL draft to select Georgia receiver Ladd McConkey.ESPN - Sports - NFL -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Why Trump really could push the U.S. to default on its debt
If Trump is elected president in November, he will face the U.S. government’s growing debt burden. He might try to resolve the issue by defaulting.MarketWatch - Business - Donald Trump -
WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.CNBC - Business -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Ukraine war briefing: Kyiv pulls back Abrams tanks due to drone raids and losses, says US
Pentagon says it will help Ukrainians to adopt tactics that use M1A1 tanks more effectively. What we know on day 793 Continue reading...The Guardian - World - Ukraine -
X pushes back at order to hide Sydney church stabbing footage as US user reposts video
Elon Musk’s X says it opposes demands from Australia’s eSafety commissioner that it remove the content globally. Follow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastSocial ...The Guardian - World -
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 -
FCC votes to restore net neutrality rules
The Federal Communications Commission (FCC) voted Thursday to restore Obama-era net neutrality rules. The agency voted 3-2 along partisan lines to revive rules barring broadband providers from blocking or throttling internet traffic to some ...The Hill - Politics -
F.C.C. Votes to Restore Net Neutrality Rules
Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.The New York Times - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - World -
Net Neutrality Returns to a Very Different Internet
The FCC voted 3-2 to restore net neutrality rules that had disappeared during the Trump administration.Wired - Tech -
The FCC Restores Net Neutrality. What It Means for the Internet
The federal agency plans to start regulating internet service like a public utility, bringing back rules that ban “fast lanes” for certain websitesThe Wall Street Journal - Business -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
Sources: Juwan Howard agrees to be Nets asst.
Juwan Howard is returning to the NBA, agreeing to a deal to become a Nets assistant coach, sources told ESPN.ESPN - Sports - NBA -
F.C.C. Votes to Restore Net Neutrality Rules
Commissioners voted along party lines to revive the rules that declare broadband as a utility-like service that could be regulated like phones and water.The New York Times - Tech -
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?
Tesla's record-breaking CEO pay was voided in court. The board just asked shareholders to vote it in again.Inc. - Business - Elon Musk -
TikTok could soon be sold. Here's how much it's worth.
President Joe Biden has signed legislation that could lead to TikTok being sold or banned. Here's who might buy it — and for how much.CBS News - Top stories - Tiktok -
A high-profile murder trial in Kazakhstan boosts awareness of domestic violence
A trial of a former government official charged with killing his wife has riveted Kazakhstan with lurid video of the attack, sparking a national conversation about domestic violence and leading to the government enacting a tougher law on spousal ...ABC News - World -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
Donald E. Petersen, Who Boosted Quality at Ford Motor, Dies at 97
As chief executive in the 1980s, he worked with the quality guru W. Edwards Deming.The Wall Street Journal - World -
Arsenal survive late Spurs fightback to boost title charge with derby victory
Everybody knew the backstory, how Arsenal had won their previous Premier League title almost 20 years ago to the day at White Hart Lane. To borrow a line from Mikel Arteta, it was about making their own history here, about doing everything they ...The Guardian - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
World Economic Forum leader sees some movement in Gaza hostage talks
Yahoo News - World -
China factory profits slip as overcapacity troubles economic recovery
US and EU have raised alarms about Beijing’s plans to use manufacturing to boost lagging growthFinancial Times - Business - China -
China factory profits slip as overcapacity troubles economic recovery
US and EU have raised alarms about Beijing’s plans to use manufacturing to boost lagging growthFinancial Times - World - China -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business