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Inflation risks and Middle East tensions leave traders and investors ‘waiting for the next shoe to drop’
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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 -
Middle East Crisis: U.S. Won’t Suspend Aid, for Now, to Israeli Unit Accused of Abuses
Secretary of State Antony J. Blinken said the United States is working with Israel to address charges against the unit, which has been accused of human rights violations in the West Bank.The New York Times - World - Israel -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Middle East crisis live: Israel has agreed to listen to US concerns before any Rafah invasion, says White House
Israel has started to meet commitments it made to Joe Biden on allowing aid into the north of Gaza, says White House national security spokesperson. The Gaza health ministry on Sunday reported at least 66 Palestinians had been killed in the past ...The Guardian - World - Israel -
Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed's Wednesday meeting, potentially modifying investors' anxiety about what is next for the stock market.
Traders will get a new look at the prospects for interest-rate cuts at the conclusion of the Fed’s Wednesday meeting, potentially modifying investors’ anxiety about what is next for the stock market.The Wall Street Journal - World -
Russia Grain Trader Accuses Moscow of Inflating Prices
Yahoo News - World - Russia -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Pope Francis talks Ukraine, Middle East in exclusive interview
In an exclusive interview with "CBS Evening News" anchor and managing editor Norah O’Donnell, Pope Francis discusses the wars in Ukraine and Gaza and calls for negotiating peace.CBS News - Top stories - Ukraine
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Peacock raising prices by $2 a month ahead of Summer Olympics
Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics.MarketWatch - Business -
Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives
Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”MarketWatch - Business -
AMC’s stock registers biggest decline in a month after preliminary first-quarter results
Shares of AMC Entertainment Holdings Inc. ended Monday’s session down 11.1% as the stock registered its biggest decline since April 1, when it fell 15.6%.MarketWatch - Business -
AT&T’s stock is misunderstood. Here are five reasons Barclays says it can soar.
AT&T’s decisions in recent years look better than those made by rivals, according to Barclays.MarketWatch - Business -
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.MarketWatch - Business