Jobs Report Is Unlikely to Resolve Fed Rate Debate
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Black and Latino workers die on the job at disproportionate rates, new report shows
Black workers’ job fatality rates are the highest they’ve been in nearly 15 years, and Latino workers die on the job more than any other group, according to a new report.NBC News - Top stories -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
Buying stocks after the “final rate hike” in a cycle demands perfect timing.MarketWatch - Business -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - World - Federal Reserve -
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says
Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.CNBC - Business - Donald Trump -
Treasury yields dip from 2024 highs ahead of Fed’s favored inflation report
Bond yields eased back from highs of the year as investors awaited crucial inflation data.MarketWatch - Business -
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 -
Supreme Court may not fully resolve Trump presidential immunity claim
The Supreme Court heard arguments Thursday over former President Donald Trump's claim that occupants of the Oval Office have total immunity from criminal prosecutions. CBS News chief legal correspondent Jan Crawford unpacks the proceedings.CBS News - Top stories - Donald Trump -
The 'Senior' Jobs That Require Little or No Experience
Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes could lead to dubious promotionsThe Wall Street Journal - World -
Slot confirms he wants Liverpool job
Arne Slot confirms that he is interested in becoming Liverpool's manager after Jurgen Klopp leaves at the end of the season.BBC News - Top stories -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
John Lewis job applicants get questions beforehand
The retail group hopes giving candidates sight of questions will make process fairer.BBC News - Top stories -
As it happened: London mayor hopefuls in BBC debate
Four of the candidates vying to become the city's mayor have taken part in a BBC London hustings.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Yellowstone’s Wolves: A Debate Over Their Role in the Park’s Ecosystem
New research questions the long-held theory that reintroduction of such a predator caused a trophic cascade, spawning renewal of vegetation and spurring biodiversity.The New York Times - Science -
Schtick’s Pop-Up Event Series for Seder Celebrates Jewish Culture
The dinner parties held by Shtick, a pop-up series celebrating Jewish culture, draw out New York’s influencers, artists, designers and celebrities.The New York Times - Lifestyle -
Niners: WR trade unlikely despite Pearsall pick
Despite using their first pick in the NFL draft on WR Ricky Pearsall, the Niners say they are unlikely to trade Brandon Aiyuk or Deebo Samuel.ESPN - Sports - NFL -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Pro-Palestinian campus protests roil political debate in Washington
College students demonstrating their support for Palestinians on campuses across the country are shaking up the political debate on Capitol Hill, pitting Israel’s closest allies in both parties against more liberal Democrats siding with the ...The Hill - Politics -
Abortion Data Wars: States and Cities Debate How Much Information to Collect
Some states with Republican-controlled legislatures want more data, while some controlled by Democrats want less, fearing it could be used to target patients or providers.The New York Times - Health - Abortion -
Tough questions as Supreme Court debates Trump's immunity claim
Justices push lawyers for both sides on whether a president can be criminally prosecuted for acts while in office.BBC News - Top stories - Donald Trump -
Supreme Court debates limits of presidential immunity in Trump appeal
Several justices appear sceptical of expansive reading but also question distinction between official and private actsFinancial Times - World - Donald Trump -
Supreme Court debates limits of presidential immunity in Trump appeal
Several justices appear sceptical of expansive reading but also question distinction between official and private actsFinancial Times - Business - Donald Trump -
Alito reignites fetal rights debate in Idaho abortion case
The Supreme Court justice who authored the Dobbs ruling overturning Roe v. Wade jumped headlong Wednesday into the debate about whether a fetus is entitled to the same rights as a person. Abortion-rights advocates were concerned ahead of ...The Hill - Politics - Abortion -
Melania Trump unlikely to have heavy presence on campaign trail
When Melania Trump cast her ballot last month in the Florida primary alongside her husband, former President Trump, she was asked if she would return to the campaign trail this year. “Stay tuned,” the former first lady replied with a smile. But ...The Hill - Politics - Donald Trump -
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 -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some former Trump administration officials argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.The Wall Street Journal - World - Donald Trump -
The FTC is banning noncompete agreements. Did your job search just get easier?
The regulator voted to ban the controversial agreements that block millions of workers from going to a rival employer. Here’s what it all means for workers.MarketWatch - Business -
This job perk is like a 'cash bonus' — but you need a long-term strategy, experts say
Restricted stock units are a common type of equity compensation. Here's what to know about this popular employee benefit, according to experts.CNBC - Business -
The Morning Risk Report
Business groups race to block FTC’s ban on noncompete agreements, and crypto mixer Samourai Wallet’s co-founders arrested for money laundering. Also, Ecuador’s former comptroller general convicted in case tied to Odebrecht.The Wall Street Journal - World -
Ex-National Enquirer publisher dishes on seedy media deals with Trump, celebs
Former President Trump had a busy legal day Thursday as the Supreme Court weighed presidential immunity arguments while his criminal hush money case continued in New York. David Pecker, the former publisher of the National Enquirer, was back on ...The Hill - Politics