Fed Prepares to Skip June Rate Rise But Hike Later
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Brazil's government hikes 2024 GDP forecast, sees higher inflation, terminal rate
Yahoo News - World - Brazil -
Gold Futures Rise as Markets Digest U.S. Economic Data
Gold edged higher, holding ground after U.S. data releases lowered Treasury yields and the dollar, and increased expectations for earlier Fed rate cuts, Commonwealth Bank of Australia said.The Wall Street Journal - World -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
35 Years Later, the Remains Known as ‘Chimney Doe’ Have a Name and a Face
A skeleton found in the chimney of a Wisconsin music store in 1989 has been identified, relaunching a police investigation that had been dormant for decades.The New York Times - Top stories -
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 -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
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 -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
The rise and fall of Canada's 'Crypto King' Aiden Pleterski
Yahoo News - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
As Teen Employee Numbers Rise, So Do Risks of Harassment on the Job
The throng of Gen Z youth new to the workplace face increased risks of sexual harassment at work--a crime officials and prosecutors are warning employers to address.Inc. - Business -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Haiti's crisis rises to the forefront of elections in neighboring Dominican Republic
As soaring violence and political turmoil grip neighboring Haiti, the Dominican Republic will hold elections Sunday that have been defined by calls for more crackdowns on migrants and finishing a border wall dividing the countriesABC News - World -
Cannabis stocks rise as U.S. moves to reclassify pot as less dangerous
Cannabis companies including Cresco Labs, Trulieve and Ayr Wellness post solid gainsMarketWatch - Business -
Big rise in diseases linked to ageing and lifestyle increases healthcare burden
Findings on ‘metabolic risk factors’ reflect shift in biggest threats since start of 21st centuryFinancial Times - Business -
Lawmakers Fear A Wave of Election Threats Tied to the Rise of Generative AI
Some small businesses are stepping up to help protect ballot boxes and preserve faith in the electoral process.Inc. - Business -
Morehouse College prepares for Biden's commencement address
For weeks, some students and faculty have challenged leaders of the historically Black college to rescind Mr. Biden's invitation over his administration's response to the Israel-Hamas war.CBS News - Politics - Joe Biden