The Ratings Game Lumen S Stock Slides Toward 37 Year Low Amid Doubts Company Can Sharply Diverge from Its History
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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 -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
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 -
Chelsea’s 2023-24: player ratings for Women’s Super League title winners
From Hannah Hampton to Maika Hamano we look at the players who won Chelsea their fifth consecutive league title . Hannah Hampton Brought in from Aston Villa in the summer, it looked as if she would have to settle for little game time with two more ...The Guardian - World - NFL -
Japan Government Bond Yields Climb on Expectations BOJ Could Reduce Bond Purchases
Japanese government bond yields rose on expectations the Bank of Japan could lower its bond buying in the coming months to support the weakening yen, Deutsche Bank Research said.The Wall Street Journal - World -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
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 -
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 -
Ship Freight Rates Soar as Red Sea Diversions Become a Norm
Cargo owners and shipping lines expect disruptions for the rest of the year, adding time and costs to ocean routes.The Wall Street Journal - World -
Will mortgage rates fall in 2024? Here's what Freddie Mac predicts.
Demand for buying a home will remain strong in 2024 even though mortgage rates have been around 7% this year.CBS News - Top stories - Mortgage -
This Pride Month, Companies Must Decide: Are They Truly Committed?
Despite the recent DEI backlash, many companies are moving forward with Pride Month celebrations. Here are three tips for honoring the occasion.Inc. - Business -
How to Manage the Overemployed Workers in Your Company
In the hidden world of dual employment, financial necessity clashes with ethical integrity, posing risks to employers and employees alike.Inc. - Business -
A Chinese Truck Company Is Diving Into Eight-Cylinder Motorcycles
Yahoo News - World -
Actors' Voices Stolen by AI Company, Lawsuit Claims
Two voiceover actors claim Lovo, a San Francisco AIstartup, tricked them into providing voice samples, then used them without permission.Inc. - Business -
Corporate insiders at these companies are telling us that consumers are cruising
Executive and director buying supports these 9 travel, gaming and recreational boat stocks.MarketWatch - Business -
Cruise ship passengers isolating amid bug outbreak
P&O says it stepped up cleaning protocols following reports of "gastrointestinal symptoms" on board.BBC News - Top stories -
Mets' Diaz open to change in role amid struggles
Struggling star Edwin Díaz is open to a change in role -- even if it means losing his job as the closer -- in an effort to help the slumping Mets.ESPN - Sports - US Open -
Biden to deliver commencement at Morehouse amid protest fears
President Biden is set to give the commencement address at Morehouse college as protests over the war in Gaza and Biden’s support of Israel have enveloped college campuses around the country. NBC’s Aaron Gilchrist reports for Sunday TODAY.NBC News - Politics - Joe Biden -
Israel continues operation in Rafah amid growing pressure
Israel continued its attacks in Gaza, including in the southern Gaza city of Rafah, despite growing international pressure to limit the scope of the offensive. Imtiaz Tyab has more.CBS News - World - Israel -
Source: Jefferson not at Vikes' OTAs amid talks
Justin Jefferson, who has been in talks with the Minnesota Vikings regarding a contract extension, was not spotted at the team's training facility Monday for the start of OTAs.ESPN - Sports - NFL -
Salah vows to fight on at Liverpool amid exit talk
Mohamed Salah has given his strongest indication yet about his future at Liverpool by saying he will "fight like hell" to win trophies for the club next season.ESPN - Sports -
Can Dogs Go Into NYC Restaurants?
According to the New York City Department of Health and many diners with service dogs, the answer is no. But some dog owners can’t part with their pets.The New York Times - Business -
Can a State Stop Abortion Travel?
A judge says Alabama can’t make it a crime to help a woman obtain an out-of-state abortion.The Wall Street Journal - World - Abortion -
Can Rishi Sunak turn it around?
What was Project Sunak? And what is life like in Number 10?BBC News - Top stories -
How political donations can backfire
Racism row involving UK Conservative’s biggest donor highlights risks for political partiesFinancial Times - World -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Nashville fires Smith, only coach in team history
Nashville SC has fired Gary Smith, the only head coach in franchise history.ESPN - Sports - Tennessee -
Usyk v Fury: History of the heavyweight beef
What is the history between Tyson Fury and Oleksandr Usyk? British boxer Viddal Riley breaks down the heavyweight rivalry.BBC News - Top stories -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
House Speaker Mike Johnson Is 'Tired of Making History'
The accidental Speaker talks about his eventful first six months, what he told Biden about the border, and why he’s planning to keep the gavel next year.The Wall Street Journal - World - House -
Manchester City have put themselves 'in history books'
Midfielder Phil Foden responds to Manchester City's record fourth successive title by saying "we’ve put ourselves in the history books".BBC News - Top stories -
Reckonings for Assange, Trump — and the darkest chapter in NHS history
Also, ex-Post Office head Paula Vennells set to give evidence in the Horizon IT scandal inquiryFinancial Times - World - Donald Trump -
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 -
Applied Materials’ stock dips despite upbeat earnings
The chip-equipment company’s revenue outlook exceeded expectations at the midpoint.MarketWatch - Business -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
Why Utilities Are Lighting Up the Stock Market
Utility stocks are suddenly white hot, thanks largely to artificial intelligence’s thirst for electricity. Investors accustomed to thinking of the sector as sleepy and safe need to realize the game has changed.The Wall Street Journal - World