The Jobless Rate Is at A Half Century Low in These States It S Even Lower
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S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
4/18: CBS Evening News
Full jury selected for Trump's New York "hush money" trial; Dickey Betts, guitarist for the Allman Brothers Band, dies at 80CBS News - World -
US aid delays leave Ukrainians at low ebb
Faltering western assistance and Russia’s fresh initiative on battlefield chip away at country’s moraleFinancial Times - Business - Ukraine -
Cruz: Democrats tossed 'two centuries of precedent' by rejecting Mayorkas articles of impeachment
Sen. Ted Cruz (R-Texas) ripped Democrats in the upper chamber for dismissing two articles of impeachment against Homeland Security Secretary Alejandro Mayorkas on Wednesday, claiming they tossed over two centuries of "precedent" in the Senate. ...The Hill - Politics -
Something strange has been happening with jobless claims numbers lately
For five of the past six weeks, the level of initial jobless filings totaled exactly 212,000.CNBC - Business -
Jobless Benefit Applications Hold Steady in Continued Strong Labor Market
Labor Department figures show the four-week average of new claims is unchanged from a week ago.Inc. - Business -
Woodside Revenue Falls on Lower Prices, Volumes
Woodside Energy said weaker output and lower realized prices for its oil and natural gas drove a drop in sales revenue in its latest quarter.The Wall Street Journal - World -
Top three stripped of medals in Beijing half marathon
The top three finishers of the Beijing half marathon are stripped of their medals after an investigation into the controversial result.BBC News - Top stories -
South Korea President’s Support at New Low After Stinging Election Loss
Yahoo News - World - South Korea -
How No-Code and Low-Code Tech Is Changing Innovation and Design
The arrival of no-code and low-code platforms have tech giants advocating for intuitive technology design.Inc. - Business -
"CBS Evening News" headlines for Thursday, April 18, 2024
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."CBS News - Top stories -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
Oil price shrugs off Israeli strikes on Iran
Brent spikes above $90 before dropping close to three-week low as Tehran plays down significance of attacksFinancial Times - World - Israel -
A Century-Old Lending Lifeline for Troubled Banks Has a Major Flaw. The Fed Wants to Fix It.
Borrowing from the discount window carries a stigma officials hope to reduce.The Wall Street Journal - World -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Nearly half of China's major cities are sinking, researchers say
Nearly half of China’s major cities are suffering “moderate to severe” levels of subsidence, putting millions of people at risk of flooding, a study found.NBC News - Top stories - China -
Chinese runner's win is revoked after investigation into Beijing Half Marathon
The results of Beijing’s half marathon were canceled after an investigation found that three African runners had slowed down to allow a Chinese athlete to win.NBC News - Top stories - China -
Arizona State gets probation for NCAA violations
Arizona State will be placed on probation for four years and faces an undisclosed fine, a vacation of records for games in which ineligible players competed, reduced scholarships and recruiting restrictions.ESPN - Sports - Arizona -
Scientists push new paradigm of animal consciousness, saying even insects may be sentient
Far more animals than previously thought likely have consciousness, top scientists say in a new declaration — including fish, lobsters and octopus. Recent research backs them up.NBC News - Top stories -
‘My boss didn’t even know’: Tesla employees talk about being shocked at how they were laid off
“I got the email on my off day, and they sent it in the middle of the night — no warning,” one former Tesla employee said about the layoffs.MarketWatch - Business -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
China's fiscal stimulus is losing its effectiveness, S&P says
China's fiscal stimulus is losing its effectiveness and is more of a strategy to buy time for industrial and consumption policies, S&P Global Ratings said.CNBC - Business - China -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
R.F.K. Jr.’s Environmental Colleagues Urge Him to Drop Presidential Bid
Nearly 50 leaders and activists who worked with Mr. Kennedy at an environmental nonprofit group will run ads calling on him to “Honor our planet, drop out.”The New York Times - Top stories -
Murphy fires back at Trump Jr. on Mayorkas vote: 'Republicans are full of s‑‑‑'
Sen. Chris Murphy (D-Conn.) fired back at Donald Trump Jr. on Friday for calling out three Senate Democrats who voted to end the impeachment case against Homeland Security Secretary Alejandro Mayorkas. “Your Friday morning reminder that ...The Hill - Politics - Donald Trump -
Oil prices post weekly loss as market sees limited risk of wider war after Israel strike on Iran
Oil prices briefly jumped more than 3% after reports of explosions near the Iranian city of Isfahan.CNBC - Business - Iran -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Chinese Half-Marathon Champion Is Disqualified---Along With Runners Who Let Him Win
Video showed other athletes appearing to slow down for a top Chinese runner at the Beijing Half-Marathon; an investigation put the blame on a sponsor.The Wall Street Journal - World -
Beijing half marathon winner thrown out after trio slowed to let him win
All four athletes disqualified and forced to return prize moneySpecial committee issues apology but steers clear of fix talkOrganisers have revoked He Jie’s first place in the Beijing half marathon last weekend after an investigation confirmed ...The Guardian - World -
Water Facilities Warned to Improve Cybersecurity As Nation-State Hackers Pounce
The water sector is under pressure to improve cybersecurity protections as hacking threats grow.The Wall Street Journal - World -
U.S. Vetoes Palestinian Bid to Be Full U.N. Member State
The move blocked a resolution to support a status that Palestinians had long sought at the United Nations, where it is considered a “nonmember observer state.”The New York Times - World -
Convenience store chain with hundreds of outlets in 6 states hit with discrimination lawsuit
The Sheetz convenience store chain has been hit with a lawsuit by federal officials who allege the company discriminated against minority job applicants.NBC News - Top stories -
Unease about Iran is bringing Arab states closer together
The standoff with Israel has done little to raise Tehran’s regional standingFinancial Times - Business - Iran -
Gulf states’ response to Iran-Israel conflict may decide outcome of crisis
Tit-for-tat attacks present Sunni monarchies with complicated choices over region’s future. Iran’s missile and drone attack on Israel had, by the end of this week, become one of the most interpreted events in recent modern history. Then, in the ...The Guardian - World - Israel -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
Liverpool ratings: Salah gets 6/10 in elimination to Atalanta
Mohamed Salah was able to get his goal but Liverpool wasn't able to do enough as they were eliminated from the Europa League at the hands of Atalanta.ESPN - Sports -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Why the Fed Should Declare Victory and Cut Interest Rates
Small business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business