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Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Oil market shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down attacksFinancial Times - World - Israel -
Car insurance rates are nuts right now. Here’s how to lower your bill when cash is tight.
Auto insurance costs are up more than 22% since this time last year. It may be time to take that defensive driving course and bank the discount.NBC News - Top stories -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.MarketWatch - Business - Iran -
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 -
A ‘Nature School’ Meets in Brooklyn
A series of workshops hosted by the artist collective Field Meridians will try to get New Yorkers to open their eyes to the nature all around them.The New York Times - Lifestyle -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Week Ahead for FX, Bonds
While the latest developments out of the Middle East ratchet up uncertainty across markets, investors will continue to scrutinize economic data, with focus on the U.S.The Wall Street Journal - World -
US ambassador meets with Gershkovich in Russia
The U.S. ambassador to Russia recently met with Evan Gershkovich, the Wall Street Journal reporter who has been unlawfully detained in the country for more than a year. The U.S. Embassy in Moscow said Lynne Tracy met with Gershkovich, who was ...The Hill - Politics - Russia -
Procter & Gamble sales disappoint as price hikes slow down
The Tide owner's quarterly volume was flat for the second consecutive quarter.CNBC - Business -
California teacher dies in 140-foot fall at Arizona hiking trail
A California teacher died in a hiking accident on a steep and difficult mountain trail near Sedona, Arizona, this week, authorities said.NBC News - Top stories - California -
Voting technology company settles lawsuit against far-right news outlet over 2020 election claims
A voting technology company targeted by bogus fraud claims related to the 2020 presidential election has settled a defamation lawsuit against a conservative news outletABC News - Tech -
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 -
Chicano Batman are not who you expect them to be
Chicano Batman discusses its new album and a summer show at the Forum as part of its U.S. tour.Los Angeles Times - Entertainment -
A Wave of AI Tools Is Set to Transform Work Meetings
An AI-powered wearable from startup Limitless promises to make meetings more productive. It’s the beginning of a wider transformation of human interactions.Wired - Tech -
Don't Waste Your 'Power Hours' In Meetings
Want to be more productive? Figure out the best time to let your mind wander.The Wall Street Journal - World -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - 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 -
U.S. Natural Gas Futures Slip in Rangebound Trade
Natural gas futures settled fractionally lower as the market weighed counterbalancing factors.The Wall Street Journal - World -
Why LLMs are predicting the future of compliance and risk management
Companies leading the race to integrate LLMs into compliance and risk management are using smaller, more accurate models to revamp long-held processes that defied re-engineering with robotic process automation (RPA) efforts in the past.VentureBeat - Tech -
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 -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - Health - South Korea -
South Korea slows plan to hike medical school admissions as doctors' strike drags on
South Korea's government says it will slow down a plan to admit more students to the country’s medical schools from next year, in a bid to end a weeks-long strike by thousands of doctorsABC News - World - South Korea -
Norris on Chinese GP sprint pole ahead of Hamilton
Lando Norris beats Lewis Hamilton and Fernando Alonso to take pole position for the sprint race at the Chinese Grand Prix in a hectic wet session.BBC News - Top stories -
More humidity ahead of a front early next week
Yahoo News - World -
U.S. cities ramp up security ahead of Passover
Millions of Jewish people around the world will observe Passover starting on Monday. But this year, with the ongoing Israel-Hamas war, there are additional concerns about staying safe during the holiday. CBS News homeland security and justice ...CBS News - Top stories -
Voting begins in India’s election with Modi widely expected to win third term
First phase in world’s largest democratic exercise begins, with 969 million people eligible to vote over six-week period. Voting has begun in India’s mammoth general election, as Narendra Modi’s Bharatiya Janata party hopes to increase its ...The Guardian - World -
Trump hush money trial: Judge sets opening statements for Monday
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
NHL approves Coyotes' move to Utah; Arizona expected to explore expansion club
The Arizona Coyotes are moving to Utah after 27 seasons in the Southwest. Hockey could return to the region with an NHL expansion club.Yahoo Sports - Sports - NHL -
Nicolas Jackson’s promise hindered by tyranny of expectations at Chelsea | Jonathan Liew
Forward, who faces Manchester City in the FA Cup on Saturday, has managed a debut season goal tally up there with big names. The pure poacher’s instinct. The understanding of timing and angles, the striker’s sixth sense for exactly where the ball ...The Guardian - World -
Israel’s Strike Was Smaller Than Expected, and So Was Iran’s Reaction
The relatively limited scope of the attack, as well as a muted response from Iranian officials, may have lowered the chances of an immediate escalation, analysts said.The New York Times - World - Israel -
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 -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Crunching worms, squeaking voles, drumming ants: how scientists are learning to eavesdrop on the sounds of soil
More than 50% of the planet’s species live in the earth below our feet, but only a fraction have been identified – so far. Read more: No birdsong, no water in the creek, no beating wings: how a haven for nature fell silent. The sound of an ...The Guardian - World -
Extra 85,000 childcare places needed in England to meet government target
Official estimates come as ministers set out pilot scheme repurposing empty school spaceFinancial Times - World -
Trump meets with Orbán, Saudis, Cameron as they prepare for his return
Former President Trump is holding court with world leaders as foreign governments brace for the possibility of a second Trump administration, which would bring with it a major shift in U.S. foreign policy. Trump met Wednesday at Trump Tower with ...The Hill - Politics - Donald Trump -
At G7 Meeting in Capri, Blinken Tackles Rough Seas and Global Crises
Secretary of State Antony J. Blinken and his counterparts, who met on the Italian island of Capri, welcomed signs that tensions between Iran and Israel might not worsen.The New York Times - World