In His First Address China S New Premier Says High Quality Growth Is A Priority
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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 -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Monster Beverage cut to sell because it’s ‘no longer…a high growth story’
Analyst Bill Chappell says Wall Street is ‘overoptimistic’ about energy drink maker’s gross margin recoveryMarketWatch - Business -
Dow drops more than 300 points on inflation and growth concerns, Meta drags S&P 500 lower: Live updates
Stocks fell sharply Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
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 -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Nets' Fernandez: Retaining Claxton a 'priority'
New Brooklyn Nets coach Jordi Fernandez wasted no time making his feelings known about the roster -- and, specifically, the status of unrestricted free agent center Nic Claxton, who Fernandez said was a "priority" to retain in free agency.ESPN - Sports -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid paceABC News - Top stories -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Tech - Apple -
Merck’s first-quarter results beat expectations amid healthy vaccine-sales growth
Merck on Thursday reported first-quarter results that beat analysts’ expectations amid strong sales of vaccines and cancer drug Keytruda.MarketWatch - Business -
Trump allies indicted in Arizona as his New York criminal trial continues
More than a dozen Trump allies are now facing charges in a 2020 election case in Arizona. With two historic cases happening Thursday, Donald Trump won’t be at the Supreme Court, but listening to continued testimony in his New York criminal trial. ...CBS News - Top stories - New York -
Weinstein conviction overturned by New York high court, citing judicial error
New York's highest court overturned Harvey Weinstein's 2020 rape and sexual assault conviction Thursday, ruling the judge who presided over the case made "egregious errors" in the watershed trial. In a 4-3 decision, the state Court of Appeals said ...The Hill - Politics - New York -
Weinstein Sex-Crimes Conviction Thrown Out by New York High Court
The court ruled the disgraced film producer didn’t receive a fair trial, ordering new proceedings in landmark #MeToo case.The Wall Street Journal - World - New York -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Geely-backed luxury EV brand Zeekr says it's already beating Tesla in parts of China
EV brand Zeekr is selling more cars than Tesla in parts of China, and plans to expand in Europe and Latin America this year, Zeekr CEO Andy An told CNBC.CNBC - Business - China -
Spain's prime minister denies corruption allegations against his wife, but says he's considering resigning over them
Spain's prime minister denies corruption allegations against his wife, but says he's considering resigning over themABC News - World -
Botswana's foreign minister says UK also approached his country to take 'unwanted immigrants'
Yahoo News - World - United Kingdom -
Botswana's foreign minister says UK also approached his country to take 'unwanted immigrants'
Botswana’s foreign minister says his country was approached by the U.K. to take some of what he called their “unwanted immigrants” but declined the requestABC News - World - United Kingdom -
Ty Cobb responds to Giuliani indictment, says he 'sold his soul' for Trump
Former White House attorney Ty Cobb on Wednesday suggested that Rudy Guiliani "sold his soul" to protect former President Trump following an Arizona grand jury indictment charging him for his alleged role in a "fake elector" scheme. Cobb, in an ...The Hill - Politics - Donald Trump -
Russia-Ukraine war live: ‘mortal’ Europe needs stronger defence, says French president
Emmanuel Macron says Europe faces existential threat from Russian aggression and calls on continent to adopt ‘credible’ defence strategy. Russia has vetoed a UN security council resolution calling on all nations to prevent a dangerous nuclear arms ...The Guardian - World - France -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
Speaker Johnson addresses rise of antisemitism on college campuses at Columbia: Watch live
House Speaker Mike Johnson (R-La.) will deliver public remarks during a visit to Columbia University Wednesday afternoon. Along with every Republican member of the New York congressional delegation, Johnson has also called for the resignation of ...The Hill - Politics -
Princess Kate has a new title that marks a first for the royal family
King Charles III has given Catherine, Princess of Wales, a new title that marks a first in the history of the British royal family.NBC News - Top stories -
Shigeru Ban Displays a New Version of His Paper Log House at the Glass House
A new version of the Pritzker Prize-winning architect’s Paper Log House is on display at the Glass House in New Canaan, Conn.The New York Times - Lifestyle -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
NBA legend LeBron James reveals the 3 qualities of winners in any field on the Mind the Game podcast.
Knowledge, discipline, and love separate average performers from the truly great.Inc. - Business - NBA -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine -
Ukraine ‘will have a chance at victory’ with new US aid, Zelenskyy says
“I think this support will really strengthen the armed forces of Ukraine," Zelenskyy said of the House-approved aid bill.Politico - Politics - Ukraine