Pound Slips As Boe Holds Rates at 525
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BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.CNBC - Business -
China’s lead on EV battery innovation has not slipped an inch
Yahoo News - World - China -
‘Grand Theft Auto VI’ won’t come until fall 2025, and Take-Two shares slip
Shares of videogame maker Take-Two-Interactive Software Inc. fell 2% in after-hours trading Thursday after the company said its highly anticipated “Grate Theft Auto VI” game won’t be released until fall 2025, and lowered its bookings forecast for ...MarketWatch - Business -
Blue Jays GM sees season slipping away for last-place team: 'We need to get it turned around soon'
The Blue Jays enter Sunday with a 19-25 recordCBS Sports - Sports -
DOJ Says Boeing Violated a Safety Agreement
The Justice Department informed Boeing that it could face criminal charges after failing to implement adequate corrective measures after two fatal disasters in 2018 and 2019.Inc. - Business -
Investing in Space: Boeing inches closer to Starliner launch
Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts. It's a debut that is imminent, yet feels bizarrely inconsequential.CNBC - Business -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - World -
Boeing Supplier Spirit AeroSystems to Lay Off Hundreds
The parts maker said it would cut 400-450 jobs in response to a slowdown in production at Boeing.The Wall Street Journal - Business -
Departing Boeing CEO Keeps His Board Seat
Shareholders defied a proxy advisor and kept Dave Calhoun on the board of the troubled plane maker, while unionized workers may get trained in whistleblower laws amid a slew of manufacturing safety issues.Inc. - Business -
How Spirit AeroSystems fits into Boeing's rebound plan
Boeing is in talks to buy back Spirit AeroSystems, one of the biggest aerostructure companies in the world.CNBC - Business -
Boeing Woes: Criminal Probe, Spacecraft Delays
In a tightly controlled meeting, shareholders approved outgoing CEO Dave Calhoun's $32 million compensation as the Justice Department investigates apparent safety lapses and its space capsule sits on the launch pad.Inc. - Business -
The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
China Benchmark Lending Rates Held Steady
The country’s benchmark lending rates were held steady this month, central bank data showed Monday after Beijing announced bold moves to address property-sector malaise.The Wall Street Journal - World - China -
How should countries deal with falling birth rates?
As the UK and US continue to see falling birth rates, options to deal with the issue are limited.BBC News - Top stories -
House panels vote to hold Garland in contempt
Two House committees on Thursday advanced measures to hold Attorney General Merrick Garland in contempt of Congress in an effort to censure him for failing to turn over audio recordings of the president. A last-minute move from President Biden to ...The Hill - Politics -
Verstappen holds off Norris charge for Imola win
Red Bull’s Max Verstappen holds off a late charge from McLaren’s Lando Norris to win the Emilia Romagna Grand Prix.BBC News - Top stories -
Boeing shareholders re-elect departing CEO Calhoun to board
New board chair Steve Mollenkopf said he has sought feedback on Calhoun's successor from investors and Boeing customers.CNBC - Business -
Boeing whistleblower John Barnett died by suicide, police investigation concludes
Police released what they say was a suicide note left by Boeing whistleblower John Barnett.CBS News - Top stories -
Launch of Boeing's hard-luck Starliner delayed yet again
Ongoing work to resolve a persistent helium leak has pushed the first piloted Starliner flight back at least four more days, to May 25.CBS News - Top stories -
Boeing’s Starliner launch pushed back to May 25 for first crewed mission
The historic first manned launch of the spacecraft has been hindered by delays.MarketWatch - Business -
Police investigation concludes Boeing whistleblower took his own life
A police investigation into a former Boeing manager who raised questions about safety at the company and was found dead after giving depositions concluded Friday, with law enforcement saying their findings point to the manager having taken his own ...The Hill - Politics -
China Hits Boeing Defense, Two Others With Symbolic Sanctions
Yahoo News - World - China -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Britt: High maternal mortality rate 'American issue,' not Democrat or Republican
Sen. Katie Britt (R-Ala.) encouraged elected officials to work across the aisle in tackling the United States's high maternal mortality rate during a panel discussion Thursday on maternal mental health. “I think it is so important that we ...The Hill - Politics -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Dollar rally falters as falling inflation raises hopes of rate cuts
US currency on track for first negative month of the year after end to months of above-forecast CPI dataFinancial Times - Business -
Chelsea’s 2023-24: player ratings for Women’s Super League title winners
From Hannah Hampton to Maika Hamano we look at the players who won Chelsea their fifth consecutive league title . Hannah Hampton Brought in from Aston Villa in the summer, it looked as if she would have to settle for little game time with two more ...The Guardian - World - NFL -
JGB Yields Likely to Rise Further Than Previously Thought, GS Says
JGB yields could rise further than previously thought, Goldman Sachs Research said.The Wall Street Journal - World -
Gold Futures Near Record High as Interest-Rate Cut Hopes Grow
Gold futures were just shy of their recent record as softer U.S. data last week raised expectations of Fed interest rate cuts.The Wall Street Journal - World -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
Why House Republicans want to hold Merrick Garland in contempt
A House panel voted Thursday to advance a resolution holding Attorney General Merrick Garland in contempt of Congress. CBS News congressional correspondent Scott MacFarlane reports.CBS News - Top stories - Republican Party -
Can Schauffele hold on? Looking ahead to Friday at the PGA Championship
Xander Schauffele enters the second round in the lead, while some LIV golfers look to build on strong starts.ESPN - Sports -
Senate GOP looks to Trump to keep hold of House majority
Senate Republicans believe the party’s chances of retaining its slim House majority will sink or swim with former President Trump in November as Democrats remain cautiously bullish of winning back the chamber despite chaos in the House GOP ...The Hill - Politics - Donald Trump -
Iga Swiatek maintains hold over Aryna Sabalenka to win Italian Open
Swiatek beats Belarusian 6-2, 6-3 in RomePole is third woman to win in Madrid and Italy in same yearWorld No 1 Iga Swiatek brushed aside the No 2 Aryna Sabalenka to win the Italian Open in Rome.. The 22-year-old Pole needed just one hour and 29 ...The Guardian - World