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Investor nerves tested as market themes unravel
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The FDA Will Test You Now
The agency makes a power grab to regulate lab tests like medical devices.The Wall Street Journal - World - FDA -
Gold Lower as Investors Digest Powell Comments
Gold settled little changed, as traders continue to mull Fed chairman Powell’s rejection of any possibility of new rate hikes while indicating that cuts were not imminent.The Wall Street Journal - World -
Biden Fails the Campus Protest Test
His fear of taking on the crazy left poses a real threat to his re-election chances.The Wall Street Journal - World - Joe Biden -
Energy & Utilities Roundup: Market Talk
Gain insight on Canadian Natural Resources, Shell, energy prices, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Financial Services Roundup: Market Talk
Find insight on gold shares, BBVA, Raiffeisen Bank International and more in the latest Market Talks covering the Financial Services sector.The Wall Street Journal - World -
Cloudflare’s stock is tanking after revenue outlook disappoints investors
Cloudflare Inc.’s stock was free-falling in extended trading Thursday, following a quarterly report that was largely in line with analyst estimates but included a revenue outlook that fell short.MarketWatch - Business -
The Fed Is Eyeing the Job Market, but It’s Difficult to Read
Fed officials are watching labor trends as they contemplate when to cut rates. But different measures are telling different stories.The New York Times - Top stories -
Why investor appetite for commodity funds picked up despite ETF flows broadly seeing ‘pretty big drop’ in April
ETF investors shifted their “buying-behavior rhythm” in April, according to the head of SPDR Americas research at State Street Global Advisors.MarketWatch - Business -
Certain bottles of Martinelli's apple juice recalled after test reveals elevated arsenic levels
Martinelli's has issued a recall for a single lot of apple juice that tested "above the guidance action level" for inorganic arsenic.The Hill - Politics - Apple
More from Financial Times
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Apple shares rise as sales fall less than feared despite China decline
Tech giant announces $110bn in share buybacks and raises quarterly dividend by 4%Financial Times - Business - China -
Western banks in Russia paid €800mn in taxes to Kremlin last year
Figure represents a fourfold increase on prewar levels and comes as profits jump at European lenders still in the countryFinancial Times - Business - Russia -
US Senate passes $95bn bill including aid for Ukraine
Vote ends congressional deadlock over funding for Kyiv’s war effortFinancial Times - Business - Ukraine -
FTSE 100 closes at record high as sterling weakens
Gap between US and UK rate expectations drives investors to dollarFinancial Times - Business -
IMF urges UK to curb rising debt
Warning comes as Rishi Sunak promises further tax cuts as part of re-election driveFinancial Times - Business - United Kingdom