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Reasons why the AI stock correction may be overdone
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The false claim that South Dakota Gov. Kristi Noem met with North Korea’s Kim Jong Un has already been deleted from the audiobook edition of Gov. Noem’s new memoir.The Wall Street Journal - World -
This chart shows one reason why Biden is struggling with a key demographic
Unemployment has spiked among a demographic that is key to President Joe Biden’s re-election prospects: America’s youth.MarketWatch - Business - Joe Biden -
Corrections & Amplifications
Corrections & Amplifications for the edition of May 21, 2024The Wall Street Journal - World -
Warren Buffett Just Revealed a Secret $6.7 Billion Investment, and the Reason Why Is Eye-Opening
Learn your history, and focus on your strengths.Inc. - Business -
Steelers 2024 schedule: Ranking five reasons why Pittsburgh's slate might be NFL's toughest
There are several major hurdles Pittsburgh will have to overcomeCBS Sports - Sports - NFL -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World -
The Unlikely Stocks That Became a Hot Bet on AI
The staid utilities industry has become a top-performing sector.The Wall Street Journal - World -
Cash Crunch May Force Sale of Stability AI
As tech giants start to dominate the artificial intelligence market, smaller players feel the squeeze.Inc. - Business -
Stocks may rise into the summer. These 3 risks could derail the rally.
Given how stocks have reacted to the latest flurry of mixed economic data, a summertime rally feels almost inevitable. Still, investors would be remiss not to consider the myriad risks that could possibly derail it.MarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business
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IMF warns Hunt against UK tax cuts as it flags £30bn funding gap
Fund says real departmental spending growth may rise at double the pace seen in official projectionsFinancial Times - Business - United Kingdom -
How sanctions played havoc with Iran’s ageing helicopters
US-made Bell 212 carrying country’s president was almost 30 years old when it crashed into a mountainsideFinancial Times - Business -
Starmer must recognise that great nations need not be great powers
Realism is not defeatism — Britain has plenty to offer when it concentrates its resourcesFinancial Times - Business -
The lesson of the great American boom
Maybe politics, which for decades has been dysfunctional in the US, doesn’t matter that muchFinancial Times - Business -
Spain permanently recalls ambassador to Argentina in row over Milei comments
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