Market Snapshot Dow Ends Nearly 200 Points Higher As Bank Sector Stress Wanes
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Auto & Transport Roundup: Market Talk
Read about Boeing, Fraport and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Find insights on Keyera, Worley, Sinopec, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Health Care Roundup: Market Talk
Read about Bayer, Alcon, Dr. Lal Pathlabs and more in the latest Market Talks covering the Health Care sector.The Wall Street Journal - World -
May 14, 2024 - Russia's war in Ukraine
Antony Blinken met with Volodymyr Zelensky in Kyiv earlier Tuesday, where the Ukrainian president told the US secretary of state that Ukraine urgently needs more air defenses.CNN - Top stories - Ukraine -
Biden delivers remarks on investing and the job market
Watch live coverage as President Joe Biden delivers remarks on American investments and the labor market.NBC News - Top stories - Joe Biden -
Save Higher Ed With the Chicago Principles
Respect free speech and don’t take sides—a simple approach to avoid campus strife.The Wall Street Journal - World -
SPDR Gold Rises on Fresh Inflation Data
Gold settled 0.7% higher after U.S. inflation data came in hotter than expected.The Wall Street Journal - World -
Nikkei Up 1.0%, Led by Electronics, Bank Stocks
Japanese stocks were higher, led by gains in electronics and bank stocks, amid continued hopes for Fed rate cuts later this year.The Wall Street Journal - World -
With Gemini on Android, Google Points to Mobile Computing’s Future—and Past
Google’s new upgrades to Gemini and Circle to Search offer a look at how the operating system might change and revolve around artificial intelligence.Wired - Tech - Google -
Platinum market headed for ‘substantial’ supply shortfall, says industry body
Report shows second year of deficit as miner Anglo American rejects rival BHP’s offer that includes plan to spin off platinum assetsFinancial Times - Business -
U.K. Jobs Market Eases in Boost for June Rate-Cut Hopes
Unemployment ticked higher in the three months to March, continuing a trend of rising joblessness, while the average regular pay grew at the same rate as in the previous period.The Wall Street Journal - World - United Kingdom -
How the Fed’s quest for transparency made markets more volatile
Markets often respond to Fed comments with big price swings, and recent research shows they are particularly reactive to Fed Chair Jerome Powell.CNBC - Business -
Jim Cramer's top 10 things to watch in the stock market Tuesday
U.S. stock futures are lower after wholesale prices in April rose more than Wall Street expected.CNBC - Business -
Young workers are flocking to these fast-growing job markets—they're not on the coasts
Recent college grads are flocking to Sun Belt states for high-paying jobs, ample opportunity and low costs of living.CNBC - Business -
The Art Market is Down. A Cyberattack at Christie's May Make Things Worse.
The auction house plans for sales to proceed, including for a Warhol “Flowers” estimated at $20 million.The Wall Street Journal - World -
Bumble's Ad Fumble in the Dating Jungle Is a Lesson in the Risks of Edgy Marketing
The women-focused dating app pulls its brand-refreshing"a vow of celibacy is not the answer" ad campaign amid furious criticism.Inc. - Business -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
Can banks really fix the climate crisis?
New research suggests that their green commitments are not paying off yetFinancial Times - Business - Climate -
Genius or madness? Why Putin wants an economist to be Russia's new defense minister at a key point in the war
Analysts take a look at what economist Andrei Belousov can bring to the Russian defense ministry.CNBC - Business - Russia -
Novavax stock jumps 50% as Sanofi deal kicks off turning point for struggling vaccine maker
Novavax said the deal with Sanofi allows it to remove its "going concern" warning, which it first issued last year due to doubts about staying afloat.CNBC - Business -
Money managers are more bullish than at any point since November 2021, survey shows
Money managers expect the Federal Reserve will start cutting rates in the second half of 2024 and believe the U.S. will avoid a recessionMarketWatch - Business -
‘I don’t see the point of me without the politics’: video game writer Meghna Jayanth on the benefits of staying indie
After a less happy time attached to triple-A games, Jayanth has settled on smaller, freer developers – and is using that freedom to speak up for causes bigger companies would rather ignore. Can a video game writer do her best work at the ...The Guardian - World -
Bronny James to the Lakers? Why all signs currently point to LeBron James' son joining him in L.A.
The Lakers have the shortest odds to draft LeBron James' eldest sonCBS Sports - Sports - NBA -
From Deep Positional Recap: Jalen Brunson, Tyrese Maxey lead changing of the fantasy (point) guard
Fantasy basketball analyst Dan Titus debuts a special five-part edition of From Deep, highlighting the hits, misses and breakouts at each position from the 2023-24 season. First up, the point guards.Yahoo Sports - Sports -
It’s the End of Google Search As We Know It
Google is rethinking its most iconic and lucrative product by adding new AI features to search. One expert tells WIRED it’s “a change in the world order.”Wired - Tech - Google -
Investors shun real estate as higher for longer fears bite
Global fund managers cut their property allocations to lows not seen since 2009Financial Times - Business -
Biden Hits Chinese Electric Vehicles, Chips and Other Goods With Higher Tariffs
The president announced increased taxes on Chinese imports in strategic industries, building on former President Donald J. Trump’s tariffs.The New York Times - Business - Joe Biden -
Import Groups Decry Higher U.S. Tariffs on China-Made Goods
Retailers and apparel sellers say the increases in their costs will ultimately reach consumers.The Wall Street Journal - World -
Biden Administration announces higher tariffs on Chinese EVs, other products
President Biden announced higher tariffs on $18 billion worth of products from China. Tariffs on Chinese electric vehicles will be raised from 25 percent to 100 percent, and tariffs will be raised on Chinese steel and aluminum, lithium-ion ...NBC News - Politics - Joe Biden -
Jayson Tatum's 33 points help Celtics down short-handed Cavaliers 109-102 to take 3-1 lead in semis
Jayson Tatum scored 33 points with LeBron James watching from a courtside seat and the Boston Celtics beat the severely short-handed Cleveland Cavaliers 109-102 in Game 4 to take a commanding 3-1 lead in their East semifinal seriesABC News - Sports - NBA -
Safra private bank assembles new dealmaking team for ultra-rich clients
J Safra Sarasin taps BoA and Goldman Sachs as it looks to expand into advising on M&A and equity capital raisesFinancial Times - Business -
Right-wing Israelis block aid to Gaza coming from the West Bank
Yahoo News - World - Israel -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
'ChiefsAholic,' superfan imprisoned for bank robbery, to be featured in upcoming documentary produced by Drake
Yes, you read that rightCBS Sports - Sports -
Under Fire for ‘Toxic’ Work Culture, Bank Regulator Apologizes Again
A scathing report revealed a culture of widespread sexual harassment and discrimination at the Federal Deposit Insurance Corporation. Martin Gruenberg will testify on Capitol Hill starting on Wednesday.The New York Times - Business