Jobless Claims Fall Slightly to 210000 Underscoring Strong Labor Market
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US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflationABC News - Top stories -
U.S. weekly jobless claims drop to lowest level since mid-February
Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.MarketWatch - Business -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Biden's NLRB bows down to Big Labor
NLRB Chair Lauren McFerran would do well to contemplate whether the board’s reputation as an impartial adjudicator is worth compromising on behalf of union special interests.The Hill - Politics - Joe Biden -
Sainsbury's: Almost everyone now shops in store
Nearly 90% of business now comes from its stores, the retailer says, as it reports a rise in food sales.BBC News - Top stories -
Biden touts labor endorsements, but members worry about Trump's "cultish" support
President Biden finds familiar and active allies for his reelection bid with labor union endorsements.CBS News - Top stories - Joe Biden -
Biden touts labor endorsements, but members worry about Trump's "cultish" support
President Biden finds familiar and active allies for his reelection bid with labor union endorsements.CBS News - Politics - Joe Biden -
Activist Ancora endorsed by second Norfolk Southern union, splitting labor support
The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.CNBC - Business -
'Stay strong,' parents tell Gaza hostage after video
Hamas issues a proof-of-life video of US-Israeli Hersh Goldberg-Polin, abducted on 7 October.BBC News - Top stories -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
Alphabet surges past $2tn valuation as it announces first dividend
Shares of Google’s parent company jump after first-quarter earnings beat expectations and $70bn stock buybackFinancial Times - Business -
US stocks rally could falter in face of strong dollar, warn analysts
Wall Street equities have recently bucked historical trend of moving inversely to greenbackFinancial Times - World -
Chinese spying claims in the UK – and beyond
Plus, the PM’s big move on defence and Labour’s rail renationalisation plansFinancial Times - World - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
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 proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
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 -
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 -
U.S. Natural Gas Futures Fall
U.S. natural gas futures lost ground but settled off the day’s lows.The Wall Street Journal - World -
Supreme Court to consider Trump's presidential immunity claim
The Supreme Court is set to hear arguments on President Donald Trump's claim that he should be immune from federal prosecution for his conduct while serving in the White House. CBS News' Errol Barnett breaks down the history of presidential power ...CBS News - Top stories - Donald Trump -
Bishop investigated over misleading accounts claim
Bishop Anne Dyer, who was suspended in 2022 over allegations of bullying, denies the new claims.BBC News - Top stories -
Supreme Court Appears Open to Some of Donald Trump's Immunity Claims
The justices will decide whether the former president can be prosecuted on charges that he conspired to steal the 2020 presidential election.The Wall Street Journal - World - Donald Trump -
Here’s the latest on the argument.
The justices will consider on Thursday whether the former president must face trial on charges that he tried to subvert the 2020 election.The New York Times - Top stories -
Supreme Court to hear Trump’s presidential immunity claim
Former President Donald Trump’s claim of presidential immunity goes before the Supreme Court on Thursday. The decision in the case could determine whether Trump will be tried in at least two other cases.CBS News - Top stories - Donald Trump -
Supreme Court hearing Trump immunity claim
The Supreme Court is set to hear arguments Thursday over whether former President Donald Trump is immune from federal prosecution for conduct while he was in office. Hours before, Trump told reporters, "A president has to have immunity. If you ...CBS News - Top stories - Donald Trump -
'Do Not Use the Market as an Excuse' Says
NBC producer Kyle Scott and 'Million Dollar Listing' star Ryan Serhant just launched a new sales coaching business, Sell It, to teach the most important entrepreneurial skill--selling.Inc. - Business -
Auto & Transport Roundup: Market Talk
Gain insight on an FAA quality control audit of Boeing, Norfolk Southern, Cargojet and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on Imperial Oil, the U.S. rig count, Europe’s energy policies, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Controversial AI photo comes to the market
UBS donates 166 photographs to DC museum; Brussels fair fights VAT hike; merged galleries open first shows in SpainFinancial Times - World -
Basic Materials Roundup: Market Talk
Find insight on Elliott Investment Management, Agnico Eagle Mines , Anglo American’s rejection of BHP’s takeover bid, and more in the latest Market Talks covering Basic Materials.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Auto & Transport Roundup: Market Talk
Find insight on Traton, China’s auto sales, Capital A, and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
A Real Market Fix for Climate Change
If advocates actually want to use the economy, leave carbon credits in the bin. There’s a better way.The Wall Street Journal - World - Climate -
Financial Services Roundup: Market Talk
Gain insight on SPDR Gold, Banco Bilbao Vizcaya Argentaria, Deutsche Bank, and more in the latest Market Talks covering Financial Services.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on Imperial Oil, the U.S. rig count, Europe’s energy policies, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Health Care Roundup: Market Talk
AstraZeneca, Sanofi and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
Auto & Transport Roundup: Market Talk
Gain insight on an FAA quality control audit of Boeing, Norfolk Southern, Cargojet and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Wolves' Naz Reid named NBA Sixth Man of the Year, and he was ironically helped by strong stretch as starter
Reid helped the Timberwolves earn a No. 3 seed in the Western ConferenceCBS Sports - Sports - NBA