Investors Are Holding Near Record Levels of Cash and May Be Poised to Snap Up Stocks
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Five reasons the stock market’s ‘painful’ pullback may be nearing its end
It’s been a painful experience for investors over recent days. But it may soon come to an end says Tom LeeMarketWatch - Business -
Democrats back Republican Speaker’s plan to advance US aid to Ukraine
Move sets stage for Saturday vote that could unlock $60bn in support for KyivFinancial Times - Business - Ukraine -
Fintech finally starts to add up for investors
More firms may be seeking listings in the next yearFinancial Times - World -
Nvidia dragged to worst day since March 2020 after Super Micro plunge
Super Micro Computer shares plunged on Friday as investors peeled back their holdings of one of the stock market's hottest names.CNBC - Business -
Shopify is tightening up on hiring. One analyst likes the stock more as a result.
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.MarketWatch - Business -
Bitcoin halving isn't a big deal for long-term investors, but may have a 'huge' impact on one key group, says Columbia professor
Bitcoin's upcoming halving is likely to impact miners and long-term holders differently, says Columbia professor.CNBC - Business -
Why buying stocks in this hot sector may turn out to be a money-losing bet
The semiconductor industry has been soaring; that won’t last forever.MarketWatch - Business -
Rockies' Kyle Freeland out up to 6 weeks with elbow injury. He says pitch clock may have been factor
Colorado Rockies pitcher Kyle Freeland is expected to miss between one month and six weeks because of a strained left elbow and says the pitch clock may have been a factorABC News - Sports -
Nvidia’s stock plunge leads ‘Magnificent Seven’ to a record weekly market-cap loss
The decline in “Magnificent Seven” stocks erased a collective $950 billion from their market capitalizations this week, which made for the group’s worst-ever weekly loss of market value.MarketWatch - Business -
The best tennis rackets for every skill level in 2024
Increase top spin, control and power with the best tennis rackets from Head, Wilson, Babolat and more.CBS Sports - Sports -
Two Art Deco Icons Poised for a Renaissance
Tamara de Lempicka, a painter favored by celebrities and designers, is being revisited. Plus, a historical Miami building reopens as a hotel and private club.The New York Times - Lifestyle -
Bitcoin Miners Brace for the ‘Halving’—and Race to Cash In
The Bitcoin halving is imminent. Crypto mining companies are reaching for every trick in the book to survive it.Wired - Tech - Crypto -
White House holds press briefing
Watch live coverage as White House Press Secretary Karine Jean-Pierre holds a press briefing.NBC News - Top stories -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
6 reasons to tap into your home equity for cash right now
It can make sense to borrow from your home's equity in today's rate environment. Here's why.CBS News - Top stories -
House Appears Poised to Pass Aid Package for Israel and Ukraine
Democrats rallied behind Republican Speaker Mike Johnson to clear a major procedural hurdle for the $95 billion measure. The proposal heads for a final set of votes Saturday.The Wall Street Journal - World - Ukraine -
Investor nerves tested as market themes unravel
Magnificent Seven tech stocks have come off the boil but is it just a blip?Financial Times - Business -
Jobless Benefit Applications Hold Steady in Continued Strong Labor Market
Labor Department figures show the four-week average of new claims is unchanged from a week ago.Inc. - Business -
FA Cup replays fall victim to scramble for cash and chaotic decision-making | Paul MacInnes
FA’s latest move reflects a further weakening of the game’s heritage and will only boost the argument for independent regulation. If you had been following the back pages over the past few months the changes to the format of the FA Cup would not ...The Guardian - World -
Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates
Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year’s Hollywood writers’ and actors’ strikes, according to analyst firm Wedbush.MarketWatch - Business -
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 -
Gilt Yields Fall After Weak U.K. Retail Sales Data
Gilt yields declined following weaker-than-expected U.K. retail sales data, increasing prospects of a Bank of England interest-rate cut in the coming months.The Wall Street Journal - World - United Kingdom -
Will Rishi Sunak be crushed by the May 2 local elections?
Tory MPs believe PM could face no-confidence vote if party loses crucial mayoralties and hundreds of council seatsFinancial Times - Business -
Penny Mordaunt could use sword to open an Aldi
The MP famously carried a 17th Century ceremonial blade at the Coronation of King Charles III.BBC News - Top stories - US Open -
The Mayorkas impeachment was quickly dismissed, but its politics may not be
However you viewed the Mayorkas impeachment articles, its politics was brutal for Senate Democrats.The Hill - Politics -
The next bank bailout’s true costs may not be such a mystery
Future debates about whether to assist distressed corporations, including New York Community Bank, could be better informed by more educated guesses about costs.The Hill - Politics -
Only Watch, a Charity Auction, Is Rescheduled for May
A social media controversy over the financial transparency of the Monaco association that organizes the event had prompted its cancellation last fall.The New York Times - Lifestyle -
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 -
Biden's new Title IX rules protect LGBTQ students, but trans sports rule still on hold
The rights of LGBTQ students will be protected by federal law and victims of campus sexual assault will gain new safeguards under rules finalized by the Biden administration.NBC News - Politics - Joe Biden -
NY attorney general opposes company holding Trump bond in civil fraud case
The New York attorney general filed the state's opposition to the company providing Donald Trump's $175 million bond, posted while his appeal is pending.CBS News - Top stories - Donald Trump -
America's Cigarette Market Is Up for Grabs
Philip Morris will soon be able to sell its most successful smoke-free product in the U.S., setting up a battle with its former parent company Altria.The Wall Street Journal - World -
The Supreme Court Takes Up Homelessness
Can cities make it illegal to live on the streets?The New York Times - Top stories -
Catch Up On The Dandadan Manga With These Deals
There's no guarantee that a manga series will make a successful transition to anime, but the odds seem to be in Dandadan's favor. The mix of homicidal hauntings, alien invasions, and high school drama made Yukinobu Tatsu's series an immediate hit ...GameSpot - Tech -
Long-Acting Drugs May Revolutionize H.I.V. Prevention and Treatment
New regimens in development, including once-weekly pills and semiannual shots, could help control the virus in hard-to-reach populations.The New York Times - Health -
Start of Sen. Bob Menendez's bribery trial is delayed a week to mid-May
A federal judge has agreed to delay the start of New Jersey Sen. Bob Menendez's bribery trial by a week after lawyers said extra days would aid trial preparationABC News - Top stories -
Arena Breakout: Infinite launches in closed beta on Steam in May
MoreFun announced it's launching its PC FPS title Arena Breakout: Infinite in closed beta on Steam next month.VentureBeat - Tech -
Gulf states’ response to Iran-Israel conflict may decide outcome of crisis
Tit-for-tat attacks present Sunni monarchies with complicated choices over region’s future. Iran’s missile and drone attack on Israel had, by the end of this week, become one of the most interpreted events in recent modern history. Then, in the ...The Guardian - 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 -
Like Moths to a Flame? We May Need a New Phrase.
Over time researchers have found fewer of the insects turning up in light traps, suggesting they may be less attracted to some kinds of light than they once were.The New York Times - Science -
Clippers may face uphill battle before playoffs even start
Leonard last played in a game on March 31, Sunday against Dallas will be three weeks since his last game.Yahoo Sports - Sports