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Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
Premier League: 10 things to look out for in this weekend’s football
Liverpool await a dead-ball salvo, Luton have to keep their chins up and things could get spicy at City Ground. David Moyes will surely have taken note of Liverpool’s struggle to defend set pieces against Everton. Jürgen Klopp, who must be ...The Guardian - World -
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 -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
Why the GDP Report Fueled a Bond-Market Selloff
The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.The Wall Street Journal - World -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
Tech, Media & Telecom Roundup: Market Talk
Find insights on Bumble, L3Harris, Pearson, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
Tech, Media & Telecom Roundup: Market Talk
China Telecom, Bilibili and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
The Lex Newsletter: AI spending plans are spooking the market
Microsoft is the company showing most tangible proof of AI revenue generation from hefty investmentsFinancial Times - Business -
Thailand Picks Capital Markets Veteran as Finance Chief
Yahoo News - World -
The bigger picture: lifting the veil on the art market
What do recent frauds and scandals mean for the future of an under-regulated sector that’s ripe for speculation?Financial Times - 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 -
College basketball rankings: Creighton slides in Top 25 And 1 after Trey Alexander's exit to 2024 NBA Draft
The Bluejays should still have enough firepower returning next season to make another NCAA Tournament runCBS Sports - Sports - NBA -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - 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 -
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.
Stocks rose with the Dow, S&P 500 and Nasdaq gaining 0.4%, 1% and 2%, respectively.The Wall Street Journal - World -
Red Bull stunned by shock news F1’s top designer Adrian Newey is to leave
Newey believed to be unhappy with events this seasonNews deals blow to Red Bull hopes of keeping VerstappenRed Bull’s chief technical officer, Adrian Newey, is expected to leave the team, it has been reported. Newey is the most successful designer ...The Guardian - World -
NFL draft 2024: Falcons shock with Penix Jr quarterback pick – live
USC’s Caleb Williams selected first overall by BearsSix quarterbacks go in the top 12 picksHigh demand and supply set to create a glut of first-round QBsSend Oliver a tweet at @OllieConnolly at or email himRoger Goodell walks out to a rousing ...The Guardian - World - NFL -
How hurricanes threaten forests — and the carbon markets that depend on them
A single hurricane barreling into New England forests can undo decades of carbon storage, a new study has found. As climate change heats oceans and fuels hurricanes, worsening storms with higher-speed winds are reaching ever deeper into the ...The Hill - Politics -
Lots of Italy, on Many Collectible Plates
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Diamond market shows serious cracks from man-made stones
Miners are battling to whittle down the oversupply of gemsFinancial Times - Business -
Better risk data should boost confidence in emerging markets
New figures show that default and recovery rates compare favourably with other debt asset classesFinancial Times - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
How Pastor Chad Nedohin Helped Turn Trump Media Into a Meme Stock
Chad Nedohin, a part-time pastor, is among the fans of Donald J. Trump who helped turn Trump Media into a meme stock with volatile prices.The New York Times - Business - Donald Trump -
See the Full List for the WSJ/Realtor.com Housing Market Ranking
How metro areas across the U.S. stack up in the newly updated 2024 rankings.The Wall Street Journal - World -
Alphabet shares jump 14% on earnings beat, first-ever dividend
Alphabet reported better-than-expected earnings on Thursday and announced its first dividend.CNBC - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Why chipmakers are the stars of the week, plus Cramer's read-through on 3 reports
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
San Francisco Buyers Bring Its Luxury Housing Market Back to Life
A recovery is under way in the Bay Area, as interest-rate shock finally wears off and stock-market gains fuel high-end home salesThe Wall Street Journal - World - San Francisco -
Chinese EV start-ups Nio and Xpeng turn to the mass market for growth
Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.CNBC - Business -
Tesla among electric carmakers forced to cut prices as market stalls
EV sales have plateaued across the world but the newfound glut of vehicles may just be temporary. Elon Musk became the world’s richest man by evangelising about electric cars – and delivering them by the million. Yet in recent months his company, ...The Guardian - World - Tesla -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - World -
JPMorgan Sees Rising Default Risk in the Private-Credit Market
Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase’s asset management group.The Wall Street Journal - World -
JPMorgan Sees Rising Default Risk in the Private-Credit Market
Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase’s asset management group.The Wall Street Journal - World -
Lots of Italy, on Many Collectible Plates
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle