Ford S Ev Price Cuts Could Pressure Profitability A Headwind the Automaker Needs to Address
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Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Nissan cut its net profit estimate for the fiscal year, missing analysts' expectations, as it sold fewer cars than expected.
Nissan cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than expected.The Wall Street Journal - World -
Bitcoin’s price stable after fourth ‘halving’. Here’s what investors need to know.
Bitcoin’s latest “halving” — the fourth in the cryptocurrency’s history — is now complete. And while the token’s prices are off their highs from earlier in the day, there doesn’t seem to be much of a reaction — at least, not yet.MarketWatch - Business -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
The EV Battery of Your Dreams Is Coming
Quiet developments signal that over the next five years we will see technological leaps.The Wall Street Journal - Tech -
Bitcoin Miners Are About to Get Paid Less--but That Could Send Its Price Surging
An event known as the halving will cut in half what miners get paid.Inc. - Business - Crypto -
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel's strike against Iran before retreating, closing up 0.2%.
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel’s strike against Iran before retreating, closing up ...The Wall Street Journal - World -
New FAA rest rules to address 'fatigue' issues with air traffic controllers
The Federal Aviation Administration is instituting new rest rules for U.S. air traffic controllers to address fatigue issues that may be degrading air safety.NBC News - Top stories -
Luxury car sales plunge as buyers put off by Seoul’s neon licence plates
President Yoon Suk Yeol has pledged to target private use of company vehiclesFinancial Times - World -
Honda unveils a series of sleek EVs for China and they're way more exciting than anything we get in the rest of the world
Yahoo News - World - China -
Biden’s new Title IX rules protect LGBTQ+ students, but avoid addressing transgender athletes
The rights of LGBTQ+ students will be protected by federal law and victims of campus sexual assault will gain new safeguards under new rules from the Biden administrationABC News - Sports - Joe Biden -
Iran crisis risks easing pressure on Israel over Gaza, diplomats warn
Humanitarian situation in Palestinian enclave remains dire, says EU’s top diplomatFinancial Times - World - Iran -
Israel's Attack on Iran Appears Fairly Limited, Easing Pressure on Oil Markets
Israel’s missile strikes against Iran overnight seem fairly limited, pointing to a de-escalation of conflict that is expected to diminish the oil market’s geopolitical risk premium in the short term, according to DNB Markets.The Wall Street Journal - World - Iran -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
Apple removes WhatsApp from China store under pressure from Beijing
Internet regulator orders delisting of two Meta-owned apps over ‘national security concerns’Financial Times - World - China -
Liberal Democrats Urge ‘No’ Vote on Israel Aid to Pressure Biden on Gaza
Progressives in the House who oppose unfettered military aid to Israel are pressing their colleagues to vote against the $26 billion bill, which is likely to pass, to send a message to President Biden.The New York Times - Top stories - Joe Biden -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
Bolton hits Biden for putting 'enormous pressure' on Israel to not 'do more' to Iran
Former national security adviser John Bolton criticized President Biden for putting “enormous pressure” on Israel to not “do more” to Iran Friday, after the country launched retaliatory strikes on Israel following an attack earlier this month in ...The Hill - Politics - Joe Biden -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Paris Olympics 2024: Everything you need to know
The 2024 Olympics will be in Paris, France. It is the third time the French capital has hosted the summer Games, the first being in 1900 and the second in 1924, exactly 100 years ago.Yahoo Sports - Sports - Olympics -
Music and sports fans told: brace for a summer of ticket scams
Big events will encourage a fresh wave of fraud — here’s what you need to know to beat the scammersFinancial Times - World -
Sudan is in need — why is the world silent yet again?
Why are Sudanese lives seemingly unworthy of attention?The Hill - Politics -
Children Need Neighborhoods Where They Can Walk and Bike
We’ve lost the art of creating local infrastructure that allows young people to explore, play and lead healthier lives.The Wall Street Journal - World -
The comprehensive plastic policies the world needs for a clean future
Fortunately, there’s a clear path to solving plastic pollution in the U.S. and around the world, although it won’t be easy.The Hill - Politics -
Everything You Need to Know About Smartphone Backups
It doesn’t take a lot of work to keep copies of your phone’s photos, videos and other files stashed securely in case of an emergency.The New York Times - Tech -
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 -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid
Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”The New York Times - Top stories -
Murphy fires back at Trump Jr. on Mayorkas vote: 'Republicans are full of s‑‑‑'
Sen. Chris Murphy (D-Conn.) fired back at Donald Trump Jr. on Friday for calling out three Senate Democrats who voted to end the impeachment case against Homeland Security Secretary Alejandro Mayorkas. “Your Friday morning reminder that ...The Hill - Politics - Donald Trump -
Billy Joel special to air again after abrupt cut-off on CBS
A Billy Joel special on CBS and Paramount+ will air again after it was cut off in the middle of the singer's performance of "Piano Man."CBS News - Entertainment -
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 -
British retail sales stagnate as shoppers cut back on groceries
Economists had expected 0.3% expansion in MarchFinancial Times - World -
Artist evicted by London landlord cuts rent by commuting from Argentina
Andy Leek, creator of Notes to Strangers, made the move after finding himself unable to afford rising rents in UK capital. An artist who was made homeless after being evicted by his private landlord in London has started effectively commuting from ...The Guardian - World -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve