Metals Stocks Gold Prices Finish Higher after Falling to A 3 Week Low
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Jobless claims inch up to 208,000. Layoffs still extremely low.
The number of Americans who applied for unemployment benefits last week barely rose to 208,000, indicating that layoffs remain at extremely low levels associated with a sound economy.MarketWatch - Business -
Number of Americans applying for jobless claims remains historically low
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflationABC News - Top stories -
3 things to do (and 3 things to avoid) with interest rates paused
You can make higher interest rates work for you by making these three moves (and avoiding these three mistakes) now.CBS News - Top stories -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
A.J. Brown plans to finish career with Eagles, dismisses importance of being highest-paid receiver
Brown wants to finish his career in Philadelphia: 'This is home'CBS Sports - Sports -
Celtics finish off Heat without Kristaps Porziņģis as Boston's 'sixth starter' answers the call
Al Horford stepped up for Boston in Game 5, and now the real test begins for the Celtics, who will likely be without their starting center for the conference semifinals.Yahoo Sports - Sports -
Pinterest Records Higher Revenue, Narrower Loss
The social-media platform surpassed half a billion monthly active users and reporting 23% revenue growth, its fastest user and revenue growth since 2021. Shares rose 16% premarket.The Wall Street Journal - World -
Standard Chartered Posts Higher Profit on Trading Gains
The London-based bank posted a rise in first-quarter net profit due to higher trading income despite lower earnings from lending.The Wall Street Journal - World -
US warns rates to stay high as it battles inflation
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.BBC News - Top stories -
Donald Trump Embraces Lawlessness, but in the Name of a Higher Law
When authorities are seen as corrupt, we celebrate those who defy them.The New York Times - Top stories - Donald Trump -
FirstFT: Fed to leave rates higher for even longer
Also in today’s newsletter, latest on campus demonstrations and cruise operator Viking’s market debutFinancial Times - World - Federal Reserve -
S&P 500 Moves Higher as Earnings Roll In
U.S. stocks rose as investors await Apple’s quarterly results among other earnings.The Wall Street Journal - World -
The week that shook Columbia
Protests over Gaza at the New York university have led to divisions and arrests. History professor Mark Mazower gives a first-hand accountFinancial Times - Business -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
Toni Kroos proves the pass master yet again to point the way for Real Madrid | Sid Lowe
The irreplaceable German midfielder refused to allow Bayern to escape with the game – and his control kept Madrid in the tie. Thomas Tuchel had warned that you don’t see Real Madrid’s goals coming, so Toni Kroos helpfully pointed it out, but still ...The Guardian - World -
Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
3 Ways Tesla Is Still a Great Example for Leaders
A bad spell doesn't necessarily equal a bad company.Inc. - Business - Tesla -
3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.CBS News - Top stories -
'Hacks' Season 3 Review: A Sublime New Set
Jean Smart returns as comedian Deborah Vance in this Max series, which remains both hilarious and sophisticated.The Wall Street Journal - World -
Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.The New York Times - Top stories -
Job Openings and Hiring Are at a 3-Year Ebb
March data showed a cooling labor market, but layoffs remain low. The overall trend is likely to be welcomed by Federal Reserve policymakers.The New York Times - Business -
Biden to announce $3 billion to replace lead pipes
President Biden will announce Thursday that his administration will be doling out $3 billion in funds to replace lead pipes, which can pose a health hazard. Biden will announce the funds, part of a total of $15 billion from the Bipartisan ...The Hill - Politics - Joe Biden -
The Price We Pay for Having Upper-Class Legislators
What explains the almost total absence of working-class people from elected positions in state government?The New York Times - Top stories -
Home prices reach record highs again in February
Home prices in February increased by 6.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller national home price index, released Tuesday. In January, home prices jumped by 6 percent year over year, according to the index, the ...The Hill - Politics -
Oil Extends Losses on U.S. Inflation Concerns
Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting interest rates anytime soon.The Wall Street Journal - World -
Yousaf says he 'paid price' for upsetting Greens
But the outgoing first minister insists he was right to tear up the government's power-sharing agreement.BBC News - Top stories -
European carmakers struggle with falling demand
Industry faces headwinds including price wars and higher interest rates that have put off consumersFinancial Times - Business - Europe -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
Natural Gas Falls on Weak Demand
U.S. natural gas futures settled lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production.The Wall Street Journal - World -
Will mortgage interest rates fall in May?
If you're waiting for mortgage rates to drop, you could be in for a longer wait than anticipated. Here's why.CBS News - Top stories - Mortgage -
Births in Germany fall to lowest for a decade
Declining rate will put downward pressure on labour force and economic growth, experts warnFinancial Times - World