Sp 500 Closes at 5week High on Rate Cut Hopes
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Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new all-time high as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
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 -
BoE could be close to cutting rates as inflation eases says deputy governor
Ben Broadbent believes direct effects of pandemic and war in Ukraine have now ‘faded’Financial Times - 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 -
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 -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
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 -
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 -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
European utilities cut renewable targets as high costs and low power prices bite
Trend of scaling back and reviewing plans highlights difficult economics of transitioning away from fossil fuelsFinancial Times - Business -
Dow closes at record high above 40,000 to cinch a five-week winning streak
The Dow Jones Industrial Average closed Friday above the key 40,000 level for the first time in history, a day after hitting that benchmark in the previous trading session.NBC News - Top stories -
NBA picks, odds, best bets for Nuggets vs. Timberwolves: Why Denver closes out series in high-scoring Game 6
Lean on Anthony Edwards getting his dimes on ThursdayCBS Sports - Sports - NBA -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
There’s New Hope for an HIV Vaccine
A trial vaccine has succeeded in generating low levels of antibodies needed to target HIV. It’s a first but much-needed step toward preventing infection.Wired - Tech -
The hope and heartache of salmon fishing in the Highlands
Pursuit of the elusive salmon inevitably brings failure. It’s why anglers get so hookedFinancial Times - World -
Starting lineup for the 108th Indy 500
Scott McLaughlin will lead the starting lineup for the 108th Indy 500 to the green flag May 26 at Indianapolis Motor Speedway.Yahoo Sports - Sports -
‘It became a beacon of hope’: the incredible story of Stax Records
A new docuseries traces the highs and lows of the Memphis record label, soaring with major acts like Otis Redding and Isaac Hayes but a victim of both capitalism and racism. During its breakout phase in the mid-1960s, Stax Records seemed to be ...The Guardian - 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 -
The 5 best smartphones under $500: Ring in the savings
Discover the best smartphones you can purchase outright for $500 or less.CBS News - Top stories -
'Speed Capital' Review: How the Indy 500 Was Born
Road racing in the early 20th century was popular, but hard to watch as the cars zoomed by. Indianapolis changed that.The Wall Street Journal - World -
Indy 500: How to watch the practices and qualifying rounds
While you wait for the Indy 500, you can tune into all the practice action on the track.Yahoo Sports - Sports -
McLaughlin wins Indy 500 pole, Penske sweeps
Scott McLaughlin in the famed "Yellow Submarine" entry led a Team Penske sweep of the front row of Indianapolis 500 qualifying with a track record Sunday around Indianapolis Motor Speedway.ESPN - Sports -
Hunt hints at another National Insurance tax cut
Jeremy Hunt promises further tax cuts, as he launches an attack on Labour's plans ahead of an election.BBC News - Top stories -
Tiger Woods will miss the cut at the PGA Championship at Valhalla
Tiger Woods will miss the cut at the PGA Championship at ValhallaABC News - Sports - Golf -
Xi assures Putin of continued close cooperation in Beijing
Yahoo News - World - China -
Why The Mirage is closing after 34 years
The Mirage Hotel and Casino is closing on the Las Vegas Strip after it was acquired by Hard Rock in 2022.ABC News - Top stories -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Trump pays close attention to Cohen cross-examination
Former President Donald Trump appears attentive in court as his defense team questions his former attorney Michael Cohen. Cohen already testified against Trump in the "hush money" criminal trial in New York. CBS News' Errol Barnett and Katrina ...CBS News - Top stories - Donald Trump -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Putin, Xi meet in China to reaffirm close ties
China rolled out the red carpet for Russian President Vladimir Putin, who met with Chinese President Xi Jinping in Beijing on Thursday. It was the second meeting between the two autocratic leaders in seven months. Ian Bremmer, president of the ...CBS News - Top stories - China -
Is the Toronto Blue Jays' window to contend officially closing?
Sitting last in the AL East with regression throughout the lineup, the Blue Jays will soon have to face the reality of being sellers at this year's trade deadline.Yahoo Sports - Sports -
Police close roads as Celtic fans gather in Glasgow
Police say a 'proportionate' plan is in place after disruption caused by celebrating fans last year.BBC News - Top stories -
Barça close in on quadruple with 8-0 Copa triumph
Barcelona hammered Real Sociedad 8-0 to win the Copa de la Reina in Zaragoza on Saturday as they moved one step closer towards completing a first ever quadruple.ESPN - Sports