Sec Raised Concerns over Hedge Fund Rokos after Losing Bond Bets
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Quant hedge funds enjoy bumper start to 2024
Trend-followers profit from bets on rocketing cocoa price and against sinking yenFinancial Times - Business -
Clean-Tech Fund Bets on Growing Demand for Batteries
Volta Energy Technologies raises $131 million in latest funding round, seeking to invest in ways to make energy storage cheaper as well as greener for consumers.The Wall Street Journal - World -
We know how to deter British children from alcohol, say experts, after concerns over WHO report
Study found Great Britain had worst rate of child alcohol consumption in world, but youth drinking is said still to have ‘declined sharply’. In 2000, about 19% of children under 16 in England smoked, according to Action on Smoking and Health. By ...The Guardian - World -
BNP Paribas bets on investment bank for growth despite bond trading blip
Eurozone’s largest bank forecasts rise in full-year profits and revenues even as interest rates are expected to fallFinancial Times - Business -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
Microsoft and Apple are safer bets than the U.S. government? Bond investors seem to think so.
Rarely have corporate bond spreads been flat, or negative, to Treasury yields.MarketWatch - Business - Microsoft -
'It's on everybody's mind': Morehouse faculty and students raise concerns about Biden's graduation speech
Morehouse College’s leadership is set to hold a call on Thursday to address concerns over having President Joe Biden as the school’s commencement speaker next month.NBC News - Top stories - Joe Biden -
Iowa athletes suing over betting investigation
More than two dozen athletes who were based in Iowa have filed a federal lawsuit alleging state criminal investigators violated their constitutional rights during a widespread sports wagering investigation.ESPN - Sports -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Meta stock plummets after Mark Zuckerberg touts money-losing projects
During Meta’s earnings call, Mark Zuckerberg focused on AI, the metaverse and hardware projects that aren't currently profitable, turning off investors.NBC News - Top stories - Meta -
Concern Over Visa Wait Times for Fans of the 2026 World Cup
The U.S. Department of State encouraged supporters in affected countries to start applying for visas now, over two years out from the tournament.The New York Times - Sports - World Cup -
Korean chip maker SK Hynix returns to net profit after five-quarter losing streak
SK Hynix returned to a net profit in the first quarter after a five-quarter losing streak, continuing to ride the artificial-intelligence boom that boosts demand for more advanced and high-end memory chips.MarketWatch - Business -
US advances review of Nevada lithium mine amid concerns over endangered wildflower
The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S. That's assuming it can withstand anticipated legal challenges from conservationists who fear it ...ABC News - Tech -
Questions in rocket-hit Sderot over whether IDF can ever destroy Hamas
People in city bordering Gaza say Israel will never be safe while Hamas exists – but worry it cannot achieve its objective. The two men, faces blurred and voices disguised, are screened by a dense scrub of fig and trailing vine and thorns in ...The Guardian - World -
Rating Celtics concern levels in five areas after Game 2 loss to Heat
Time to panic, or nothing to see here? John Tomase breaks out the concern level meter on five Celtics issues in their Game 2 loss to the Heat.Yahoo Sports - Sports - NBA -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Colgate-Palmolive’s first-quarter earnings beat estimates and company raises guidance
Colgate-Palmolive Co.’s stock rose 2.9% early Friday, after the consumer goods giant beat first-quarter earnings estimates and raised its guidance.MarketWatch - Business -
What's Driving the Bond Selloff?
The yield on 10-year Treasurys jumped above 4.7%. While disappointing growth may boost hope of lower rates, the read on inflation complicates the picture.The Wall Street Journal - World -
What's Driving the Bond Selloff?
The yield on 10-year Treasurys jumped above 4.7%. While disappointing growth may boost hope of lower rates, the read on inflation complicates the picture.The Wall Street Journal - World -
What's Driving the Bond Selloff?
The yield on 10-year Treasurys jumped above 4.7%. While disappointing growth may boost hope of lower rates, the read on inflation complicates the picture.The Wall Street Journal - World -
How to Raise Housing Costs
California shows the way.The Wall Street Journal - World -
29 whales dead after stranding in Australia; over 100 rescued
A mass stranding of long-finned pilot whales in Western Australia led to the deaths of 29 of the creatures that beached near a tourist town.CBS News - World -
29 whales dead after stranding in Australia; over 100 rescued
A mass stranding of long-finned pilot whales in Western Australia led to the deaths of 29 of the creatures that beached near a tourist town.CBS News - Top stories -
Paris's Moulin Rouge loses windmill sails overnight
The cause of the sails' collapse from the roof of the world famous cabaret club is not yet clear.BBC News - Top stories -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Why the GDP Report Fueled a Bond-Market Selloff
The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.The Wall Street Journal - World -
What to Do With Bonds When Inflation Won't Die
Readers weigh in, and our columnist responds, on how to invest for income in this marketThe Wall Street Journal - World -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Residents still have concerns about Flint's water
It's been a decade since the Flint water crisis began. Residents told CBS News the scandal still weighs heavily on the city.CBS News - Top stories -
Hipgnosis Accepts Improved Concord Offer
Hipgnosis, home to the catalog of artists such as Neil Young, Shakira and Red Hot Chili Peppers, has agreed to an improved $1.5 billion takeover by Concord Chorus, trumping an approach from Blackstone.The Wall Street Journal - World -
Report: NBA investigating Nikola Jokić’s brother for allegedly punching fan after Nuggets’ Game 2 win over Lakers
Strahinja Jokić appeared to punch a fan shortly after the Nuggets' wild win over the Lakers on Monday night in Denver.Yahoo Sports - Sports - NBA -
Liverpool's Premier League title hopes likely over after Merseyside derby loss to rivals Everton
Liverpool lost 2-0 to their rivals, putting them three points behind league leaders ArsenalCBS Sports - Sports - Premier League -
Malala Yousafzai confirms support for Palestine after backlash over musical with Hillary Clinton
Activist Malala Yousafzai confirmed her support for Palestine in a post online after receiving backlash over a report she collaborated with former Secretary of State Hillary Clinton on a musical. “I have and will continue to condemn the Israeli ...The Hill - Politics -
Scottish leader faces battle for survival after ending power-sharing deal over climate change clash
Scotland’s leader is facing a potential battle for survival after ending a three-year power-sharing agreement with the Scottish Green Party following a clash over climate change policiesABC News - World - Climate -
Gay actor's speech back on at Pennsylvania school after cancellation over his 'lifestyle'
A Pennsylvania school district has reversed the cancellation of an appearance by actor and children’s book author Maulik PancholyABC News - Top stories -
Gay actor’s speech back on at Pennsylvania school after cancellation over his ‘lifestyle’
A gay actor’s speech that was canceled over his “lifestyle” is back on at a Pennsylvania school after residents spoke out.NBC News - Top stories