Investors Pour Money into Wall St As Stocks Set New Highs
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NBA playoffs: Heat even series vs. Celtics with franchise record in 3-pointers, Thunder dominate Pelicans
The Thunder did No. 1 seed things. The Celtics not so much.Yahoo Sports - Sports - NBA -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Why the Lions gave St. Brown, Sewell a record-breaking $162M in guaranteed money
The Lions spent big to keep 2021 draftees Amon-Ra St. Brown and Penei Sewell in Detroit through 2028.ESPN - Sports -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Business - Federal Reserve -
How High Wall Street Thinks the Fed Will Keep Interest Rates
Stubborn inflation has led traders to forecast far fewer rate cuts by the Federal Reserve than just a few months ago.The New York Times - Top stories - Federal Reserve -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
Hertz’s stock is having an awful week, and BofA adds to investors’ misery
Hertz’s stock continued its dive Friday toward yet another record low, after BofA Securities added to the rental-car company’s woes by recommending investors sell.MarketWatch - Business -
Hong Kong stock exchange fights to regain investors’ faith
New team faces steep challenge as high-profile listings sinkFinancial Times - World - Hong Kong -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Stock Up On Lego Bricks With These Deals On Classic Starter Sets
You can never have too many Lego bricks, and for anyone looking to build on their licensed sets or let their imagination run free, you can now score some pretty great deals on Lego Classic kits at Amazon and Walmart. These are back-to-basics Lego ...GameSpot - Tech -
Comcast beats earnings estimates even as it sheds more broadband subscribers
Comcast beat first-quarter earnings expectations on Thursday.CNBC - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
Meta earnings weigh on Magnificent Seven stocks. Here’s why investors shouldn’t panic.
Analysts see opportunity coming out of Meta’s earnings and advise investors to wait for other reports before cutting tech positions.MarketWatch - Business -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
How active ETFs could help investors navigate recent wild swings in the stock market
Signs of improving market breadth, beyond the tech giants, creates opportunities for the new wave of active exchange-traded funds.MarketWatch - Business -
New testimony in Trump "hush money" trial
Testimony continued Thursday in former President Donald Trump's criminal "hush money" trial. David Pecker, the former publisher of the National Enquirer, detailed alleged efforts to suppress stories involving adult film star Stormy Daniels. CBS ...CBS News - Top stories - Donald Trump -
Trump lawyer on hush money case: 'I don’t have hopes really that high'
Alina Habba, an attorney for former President Trump, signaled she does not have high hopes for the former president’s success in the New York hush money trial. “But I don't have hopes really that high at this moment that the New York courts will ...The Hill - Politics - Donald Trump -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
A new set of ‘Four Questions’ for anti-Israel protesters
This week, I have my own set of Four Questions, posed to the young people occupying and disrupting college campuses and businesses to protest Israel.The Hill - Politics - Israel -
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 -
This New Startup Wants to Help Founders Find Angel Investors
Cherub, which aims to be a matchmaker for businesses and angel investors, raised $1.1 million to launch in March.Inc. - Business -
Employee stock purchase plans offer 'free money' — but also carry complexity and risk, experts say
If you work for a publicly traded company, you may have access to discounted company shares via an employee stock purchase plan, or ESPP. Here's what to know.CNBC - Business -
Room & Board Sets Up Employee Stock Ownership Plan, Giving Workers A Stake
Room & Board, the Minneapolis-based modern furniture retailer, is giving employees a financial stake in the company via a new employee stock ownership plan.The Wall Street Journal - World -
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 -
Cost of buying a home in America reaches a new high, Redfin says
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.CBS News - Top stories -
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 -
Day 8 of Trump New York hush money trial
Ex-tabloid publisher David Pecker and Donald Trump's former assistant Rhona Graff were among those who testifed Friday in the hush money trial.CNN - Top stories - New York -
New Federal Rules Set Overtime Pay Guidelines for Salaried Workers
The Biden administration finalizes overtime regulations for millions more salaried workers who earn less than $43,888 a year.Inc. - Business -
Is your financial adviser on your side? There are new rules for managing retirement savings — why investors should care.
There may now be a distinction between fiduciary responsibilities and your “best interest.”MarketWatch - Business -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Lions to ink St. Brown, Sewell to $100M+ deals
The Lions and wide receiver Amon-Ra St. Brown have agreed to a four-year, $120 million extension that includes $77 million guaranteed, sources told ESPN.ESPN - Sports -
A tour of St. Peter's Basilica in Vatican City
"CBS Evening News" anchor and managing editor Norah O'Donnell was given a private tour of the magnificent St. Peter's Basilica, the largest church in the world, located in the smallest nation in the world.CBS News - Top stories -
A tour of St. Peter's Basilica in Vatican City
"CBS Evening News" anchor and managing editor Norah O'Donnell was given a private tour of the magnificent St. Peter's Basilica, the largest church in the world, located in the smallest nation in the world.CBS News - World -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - World -
Humza Yousaf faces knife-edge confidence vote after collapse of Scottish coalition
Greens to back opposition motion against first minister following breakdown of power-sharing deal with SNPFinancial Times - World