Market Snapshot Dow Logs New 2023 Low As Bank Sector Tumbles Investors Await Monthly Employment Report
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The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.
The Dow climbed 0.9% to log its seventh straight gain, its longest winning streak of the year. The S&P 500 and Nasdaq increased 0.5% and 0.3%, respectively.The Wall Street Journal - World -
Fewer Workers Expect to Retire Past 62, Reaching a New Low
Retirement expectations have shifted since the pandemic, despite the growing number of older workers.Inc. - Business -
Poor labour market data causes problems for Bank of England
Gaps make it much harder to tell how fast inflationary pressures are recedingFinancial Times - Business -
New Zealand's Manufacturing Sector Remains in Contraction
The country’s manufacturing sector showed tentative signs of recovery in April, but remained in contraction, according to the latest BNZ — BusinessNZ Performance of Manufacturing Index.The Wall Street Journal - World - New Zealand -
Miss USA names new 2023 titleholder after former winner resigned title
The Miss USA pageant has named a successor to the Miss USA title after Noelia Voigt resigned on Monday.ABC News - Top stories -
Biden and Netanyahu's fraught relationship hits new low after U.S. pauses weapons shipment
The Pentagon confirmed that the administration paused the delivery to Israel of a shipment of 1,800 2,000-pound bombs and 1,700 500-pound bombs.CNBC - Business - Joe Biden -
Consumer sentiment tumbles as inflation fears surge
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.CNBC - Business -
Stocks Log Weekly Gains in Hot Start to May
The month’s performance so far marks a reversal from April.The Wall Street Journal - World -
Harvey Weinstein won't be sent back to California while he awaits New York rape retrial
Harvey Weinstein will remain locked up in New York as a court works out whether he should stay in a city jail while he awaits a retrial in a rape case or be sent back to California to continue serving a prison sentenceABC News - Entertainment - California -
Alleged Rushdie attacker, awaiting trial in New York, could still face federal charges, lawyer says
The lawyer for the New Jersey man charged with stabbing author Salman Rushdie says he's in talks with prosecutors to try to resolve existing charges of attempted murder without a trial — as well as potential terrorism-related charges that could ...ABC News - Entertainment - New York -
Jump in Canadian Employment Threatens to Delay First Rate Cut
The data suggests that the Bank of Canada has room to wait a little longer to initiate long-awaited rate cuts that many expected could come at the central bank’s next policy meeting in June, economists say.The Wall Street Journal - World -
Dow Extends Winning Streak as U.S. Stocks Rise
U.S. stocks rose after weekly jobless claims came in higher than expected, reinforcing hopes for rate cuts from the Federal Reserve later this year.The Wall Street Journal - World -
Dow Notches Longest Winning Streak of 2024
All three stock indexes neared records, reversing April’s declines.The Wall Street Journal - World -
The Dow Is a Terrible Index. But It Is Telling Us Something Important.
Though anchored in the past, the Dow Jones Industrial Average captures something about the way the market changes.The Wall Street Journal - World -
Top baby names of 2023 revealed
The top 10 baby names for 2023 have been revealed – and two names reign supreme.CBS News - Top stories -
Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.MarketWatch - Business -
Roblox’s stock tumbles after a big revenue miss, and worries about ‘engagement’
Roblox Corp.’s stock tumbled Thursday after the online gaming company reported first-quarter revenue that was well below expectations and provided a downbeat current-quarter outlook.MarketWatch - Business -
Marathon Digital logs record earnings as it pushes past ‘operational challenges’
The company sold 26% of the bitcoin it produced during the first quarter, putting the proceeds toward operating expenses.MarketWatch - Business -
Jerry Rice 'hot' over son Brenden's draft tumble
Chargers rookie Brenden Rice said his dad, Hall of Famer Jerry Rice, wants him to prove teams wrong after he tumbled to the seventh round of the NFL draft.ESPN - Sports -
5 Best Juicers (2023): Centrifugal, Slow, Masticating
Stay hydrated with tried-and-tested juicers for refreshing daytime beverages and eye-brightening evening drinks.Wired - Tech -
Rick Sallinger, veteran reporter for CBS News Colorado, dies at 74
Veteran CBS News Colorado reporter Rick Sallinger has died at the age of 74. Sallinger started reporting for the station more than 30 years ago, and covered some of the state's biggest stories. His work earned numerous honors, including a ...CBS News - Top stories -
McDonald's is betting on its mobile business with new franchisee digital marketing fund
McDonald's has previously said it wants to reach 100 million loyalty program members by 2027.CNBC - Business -
Crypto industry’s lobbying hit a record in 2023 — and is off to a strong start in 2024
The cryptocurrency industry’s spending on Washington lobbying rose to a fresh record last year, while it’s started out 2024 with more sizable spending to influence the U.S. government.MarketWatch - Business -
Physical Edition Of One Of the Best Turn-Based RPGs Of 2023 Is Now Available
Turn-based RPGs aren't nearly as prevalent as they once were, but when you find one that nails the charming loop of hits from the genre's heyday, it's a nostalgic treat to be savored. Sea of Stars is a prime example of just that, and fans of the ...GameSpot - Tech -
Walmart has must-see clearance deals on the 2023 Samsung Frame TV
Don't miss these price cuts on older models of the reader-favorite Frame TV as part of Walmart's clearance deals.CBS News - Top stories -
Former Miss USA 2023 alleges toxic work environment in resignation letter
Former Miss USA 2023 Noelia Voigt claimed in her resignation letter this week that the Miss USA organization and its president cultivated a toxic work environment.ABC News - Top stories -
Bird flu risk to humans is low, but "things can change," doctor says
Should you worry about the potential impact of the H5N1 virus on humans? CBS News chief medical correspondent Dr. Jon LaPook explains the current risk and what officials are watching for.CBS News - Top stories -
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could riseABC News - Top stories -
Lowe wonders if KD joining Warriors was worst thing to happen to him
ESPN's Zach Lowe wonders if Kevin Durant signing with the Warriors in 2016 was the worst thing to happen to him in his career.Yahoo Sports - Sports -
Tuesday deadline awaits Scottie Scheffler at PGA Championship
Scottie Scheffler skipped this week’s Wells Fargo Championship as he and his wife, Meredith, prepare for the birth of the couple’s first child, with the year’s second major looming next week.Yahoo Sports - Sports -
New White House report says Israel may have violated international humanitarian law in Gaza
A new, highly-awaited report from the Biden administration says Israel may have violated international humanitarian law in Gaza, but stopped short of a definitive assessment of wrongdoing. The report is drawing intense backlash from both political ...CBS News - World - Israel -
New grads may have a harder time landing their dream job, despite a strong labor market — here's why
Although the overall outlook is positive, some employers are cutting back on new college graduate hires, and salaries are likely to fall short of expectations.CNBC - Business -
The Dow gained 0.3% and S&P 500 rose 0.2% while the Nasdaq fell 0.03%. All three notched weekly gains.
The Dow gained 0.3% and S&P 500 rose 0.2% while the Nasdaq fell 0.03%. All three notched weekly gains.The Wall Street Journal - World -
Kenneth Gainwell describes Eagles' 2023 collapse, as team lost six of seven to close season
Gainwell opened up on the Eagles' collapseCBS Sports - Sports -
Karl-Anthony Towns named 2023-24 NBA Social Justice Champion, Kareem Abdul-Jabbar Trophy winner
Towns was recognized for his advocacy for voting rights, particularly for formerly incarcerated individualsCBS Sports - Sports - NBA -
From Deep: 3 regrets from 3 points of the 2023-24 fantasy basketball season
Fantasy basketball analyst Dan Titus is feeling retrospective. He looks back at some of his biggest season regrets in the latest From Deep.Yahoo Sports - Sports -
Target will only sell Pride Month collection in some stores after backlash in 2023
Target has announced that it will only sell their Pride Month collection in select stores after suffering a backlash and boycott last year during the 2023 Pride season.ABC News - Top stories -
Still haven't filed your 2023 taxes? Get help from a live TurboTax professional to do it for you
Intuit's TurboTax makes filing taxes easy, but the company's Live Full Service option makes it even easier.CBS News - Top stories -
Brazil floods strike blow to powerful agriculture sector
Yahoo News - World - Brazil