Rising Jet Fuel Costs Threaten to Send Airfares Higher
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Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - World -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Cnooc Posts Record Net Profit on Higher Oil Price, Production
Cnooc reported a record high net profit for the first quarter, supported by increased efforts in oil and gas exploration, and steady growth in net oil and gas production.The Wall Street Journal - Business -
The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Banks pay savers more as ‘higher-for-longer’ rates hit interest income
US lenders are having to fight to keep depositors from leaving with no Fed rate cuts in sightFinancial Times - World -
April 24, 2024 - US university protests
Pro-Palestinian protests are taking place at major American universities, prompting some officials to take extraordinary steps to confront the growing crisis. Follow for live news updates.CNN - Top stories -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Liz Truss Diagnoses Britain's Malaise
She’s the only one offering a coherent economic and political theory. Her critics might try to do the same.The Wall Street Journal - World - United Kingdom -
REPO Act Lets Biden Boost Ukraine
Congress’s aid package encourages the president to seize frozen Russian reserves to support Kyiv.The Wall Street Journal - World - Joe Biden -
Weinstein Sex-Crimes Conviction Thrown Out by New York High Court
The court ruled the disgraced film producer didn’t receive a fair trial, ordering new proceedings in landmark #MeToo case.The Wall Street Journal - World - New York -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Supreme Court Appears Open to Some of Donald Trump's Immunity Claims
The justices will decide whether the former president can be prosecuted on charges that he conspired to steal the 2020 presidential election.The Wall Street Journal - World - Donald Trump -
Tech, Media & Telecom Roundup: Market Talk
Find insights on Bumble, L3Harris, Pearson, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
China's Gold Consumption Rises on Safe-Haven Demand
Chinese buyers, spooked by a protracted property slump and a recent stock-market rout, are rushing toward gold as economic uncertainty looms, propelling a global bullion rally.The Wall Street Journal - World - China -
Which CD term is best with inflation rising?
Shorter CD terms can provide more flexibility but lack the certainty of long-term CDs.CBS News - Top stories -
UAW's Tennessee win fuels backers' hopes in the South, but some skeptics are unmoved
The labor fight heads next to a Mercedes plant in Alabama, where one worker said “people on the floor think we’re going to win" despite vocal opposition.NBC News - Top stories -
Code red: Heat had extra fuel against Celtics in Game 2, even series with fiery win
This was supposed to be the league's most lopsided series. Miami's talent gap against the 64-win Celtics seemed insurmountable. Oh, how the tables have turned.Yahoo Sports - Sports - NBA -
Fossil fuels could have been left in the dust 25 years ago
If only we’d followed Wright’s Law, solar tech could have been cheaper much soonerFinancial Times - Business -
Williams, Jayden Daniels, Drake Maye fuel QB takeover of Round 1
Here's what we know about how Williams, Daniels and other first-round QBs will fit in.ESPN - Sports -
AbbVie’s first-quarter results top expectations as arthritis drugs fuel growth
AbbVie on Friday reported first-quarter results that beat expectations even as sales of its blockbuster autoimmune drug Humira continued to fall.MarketWatch - Business -
Blinken says China helping fuel Russian threat to Ukraine
The US Secretary of State was speaking to the BBC at the end of a three-day trip to China.BBC News - Top stories - China -
‘There’s going to be fire if I speak’: Salah adds fuel to touchline row with Klopp
Liverpool forward was pulled away from coach by Darwin NúñezKlopp: ‘We spoke in the dressing room … it is done for me’Mohamed Salah ruined Jürgen Klopp’s attempt to play down his touchline row with the winger by saying there would be “fire” if he ...The Guardian - World