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Oil posts back-to-back losses, suffering from ‘uneasy calm’ on Middle East tensions
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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 -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high. • Business live – latest updates. A serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and ...The Guardian - World -
Middle East escalation could trigger oil price shock that fuels inflation, World Bank warns
Oil prices could rise to $102 per barrel if a major conflict in the Middle East breaks out involving one or more oil producers, according to the World Bank.CNBC - Business -
Blinken says Israel must still do more to boost humanitarian aid to Gaza
U.S. Secretary of State Antony Blinken says Israel must still do more to increase the flow of humanitarian aid into the besieged Gaza StripABC News - World - Israel -
Middle East crisis live: ‘measurable progress’ in delivering aid to Gaza but ceasefire ‘most effective’ to address humanitarian suffering, says Blinken
US secretary of state says Iran is biggest source of instability in region but adds many nations interested in ‘path of greater peace’. Biden and Netanyahu speak amid pressure over Rafah and ceasefireAntony Blinken has told a meeting of regional ...The Guardian - World -
Middle East crisis live: US and other countries link ‘immediate ceasefire’ to hostages’ release
White House releases joint letter signed with 17 other countries saying such a deal would lead to the ‘credible end of hostilities’. Here are some of the scenes in Jerusalem, where people, including Israeli interior security minister Itamar ...The Guardian - World -
Middle East crisis live: Hamas ‘reviewing new Israeli ceasefire proposal’
Senior Hamas official Khalil al-Hayya said the Palestinian militant group was evaluating Israel’s proposal. See all our coverage of the Middle East crisisThree people have been killed in Israeli strikes on southern Lebanon on Saturday, including ...The Guardian - World - Israel -
Middle East Crisis: U.S. and 17 Other Nations Call on Hamas to Release Hostages
“The fate of the hostages and the civilian population in Gaza, who are protected under international law, is of international concern,” the leaders said in a joint statement.The New York Times - World -
Pope Francis talks Ukraine, Middle East in exclusive interview
In an exclusive interview with "CBS Evening News" anchor and managing editor Norah O’Donnell, Pope Francis discusses the wars in Ukraine and Gaza and calls for negotiating peace.CBS News - Top stories - Ukraine
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Peacock raising prices by $2 a month ahead of Summer Olympics
Peacock is raising prices again, a year after its last price hike and just in time for the Summer Olympics.MarketWatch - Business -
Paramount CEO Bob Bakish is stepping down, to be replaced by 3 executives
Media and entertainment giant Paramount Global on Monday said that Chief Executive Bob Bakish was stepping down and would be replaced by a three-person office intended to help “materially streamline operations.”MarketWatch - Business -
AMC’s stock registers biggest decline in a month after preliminary first-quarter results
Shares of AMC Entertainment Holdings Inc. ended Monday’s session down 11.1% as the stock registered its biggest decline since April 1, when it fell 15.6%.MarketWatch - Business -
AT&T’s stock is misunderstood. Here are five reasons Barclays says it can soar.
AT&T’s decisions in recent years look better than those made by rivals, according to Barclays.MarketWatch - Business -
Coursera, Chegg stocks fall after weaker guidance for both edtech companies
Shares of Coursera Inc. and Chegg Inc. fell in the after-hours session Monday after both education-tech companies guided for weaker current quarters, and Chegg also announced a CEO change.MarketWatch - Business