The Ratings Game Coinbase S Stock Sinks Again As Penalties from Sec Suit Could Top $6 Billion Analyst Says
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Shopify is tightening up on hiring. One analyst likes the stock more as a result.
“We believe investor expectations have over corrected,” Morgan Stanley analysts say.MarketWatch - Business -
Kentucky basketball under Mark Pope: Transfer portal news, 2024 roster, recruits, targets by top SEC insiders
CatsPause has covered the Wildcats for years and reveals all the latest news about the Kentucky basketball roster under new head coach Mark PopeCBS Sports - Sports -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
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 -
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 -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
The $1.7 Billion Railway That Could Challenge China's Influence in Africa
A U.S.-backed railway connecting Angola to the Democratic Republic of Congo is part of a pushback against China’s Belt and Road initiative in Africa. The $1.7 billion Lobito Corridor project aims to secure vital mineral supply chains.The Wall Street Journal - World - China -
Oil prices jump, U.S. stock futures sink on reports of explosions heard in Iran
Crude oil prices jumped and U.S. stock futures sank Thursday night following reports of explosions in a city in western Iran, amid fears of a wider conflict between Israel and Iran.MarketWatch - Business - Iran -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 04/22/24ABC News - Entertainment -
Trump’s ‘DJT’ stock rises as CEO ‘tries to blame’ short sellers for weakness
Trump Media & Technology’s stock rallied Friday and was headed for a third straight gain after the parent company of Donald Trump’s social-media platform Truth Social asked regulators to look into potential illegal selling activity.MarketWatch - Business -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
U.S. measles cases reach 125 this year, topping 2022's large outbreaks
The CDC estimates the U.S. could reach 300 measles cases in 2024 — more than the recent peak two years ago.CBS News - Top stories -
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 -
Long-haul carrier Emirates again halts local flight check-in as UAE recovers from record rains
Long-haul carrier Emirates says it is halting local check-in for passengers traveling on its flights as the wider United Arab Emirates tries to recover from record-setting rains this weekABC News - World -
IRS waives mandatory withdrawals from certain inherited individual retirement accounts — again
The IRS has again waived required minimum distributions for some inherited retirement accounts. Here's what heirs need to know for 2024.CNBC - Business -
Top Cuban official says country open to more U.S. deportations
Cuba's deputy foreign minister tells CBS News that his country is willing to accommodate more than one deportation flight per month.CBS News - Politics - US Open -
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 -
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 -
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 -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Warning jailed bankers ruling could hit loan rate
Euribor underpins trillions of euros in loans and tracks the rate banks pay to borrow cash from each other.BBC News - Top stories -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
Cavaliers vs. Magic odds, score prediction, time, line: 2024 NBA playoff picks, Game 1 best bets by top model
SportsLine's computer model simulated Game 1 of Orlando Magic vs. Cleveland Cavaliers series 10,000 times and revealed its picks for the 2024 NBA playoffs on SaturdayCBS Sports - Sports - NBA -
Michigan football spring game: News, time, players to watch at 2024 Maize vs. Blue Game from Big Ten insiders
The Michigan Insider team has its finger on the pulse on all the news and what to watch for at the 2024 Maize vs. Blue Game, the first under head coach Sherrone MooreCBS Sports - Sports -
2024 Kentucky Derby prediction, odds, horses, top contenders: Surprising picks from horse racing insider
When is the 2024 Kentucky Derby? The annual Run for the Roses takes place Saturday, May 4 at Churchill DownsCBS Sports - Sports -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Fed’s Goolsbee says progress on inflation has stalled, makes sense to wait on interest rates
Chicago Fed president “hopeful” we will get improvement on inflation.MarketWatch - Business - Federal Reserve -
Giannis Antetokounmpo injury update: Bucks president says star out for Game 1 vs. Pacers, timetable uncertain
Antetokounmpo is dealing with a calf strain and has not played since April 9CBS Sports - Sports - NBA -
Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Following a share-sale plan executed last year, MicroStrategy founder Michael Saylor has profited handsomely from unloading stock in 2024.CNBC - Business - Crypto -
Trump Media alerts Nasdaq to potential market manipulation from 'naked' short selling of DJT stock
Donald Trump owns nearly 60% of Trump Media, which operates the Truth Social app. DJT shares are sharply down since their March trading debut.CNBC - Business - Donald Trump -
Sheetz Convenience Store Chain Faces Federal Suit for Racial Discrimination in Hiring
The EEOC asserts the company turned away Black, Native American, and Multiracial applicants with failed criminal background checks at nearly twice the rate of white applicants across is 700 stores in six states.Inc. - Business -
Satellite Data Reveals Sinking Risk for China’s Cities
Development and groundwater pumping are causing land subsidence and heightening the risks of sea level rise.The New York Times - World - China -
Apple Says It Was Ordered to Pull WhatsApp From China App Store
Apple said it removed WhatsApp and Threads from its China app offerings Friday on Beijing’s orders, amid technological tensions between the U.S. and China.The New York Times - Business - Apple -
CIA chief Burns says that without aid, Ukraine "could lose on the battlefield"
His comments come as a deadlocked Congress continues to stall on Ukraine aid.CBS News - Politics - Ukraine -
Salman Rushdie Is Again the Toast of Literary Manhattan
Nearly two years after he was stabbed, he was in fine form as he greeted his fellow writers at a party celebrating his candid memoir, “Knife.”The New York Times - Lifestyle -
Sudan is in need — why is the world silent yet again?
Why are Sudanese lives seemingly unworthy of attention?The Hill - Politics -
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.The Wall Street Journal - World -
Senate conservatives urge House GOP to sink Speaker’s Ukraine strategy
Senate conservatives led by Sen. Mike Lee (R-Utah) urged House Republicans to oppose what they called a “sham” procedural tactic devised by Speaker Mike Johnson (R-La.) to break an emergency foreign aid package into four different pieces to give ...The Hill - Politics - Ukraine