The Tell Large Cap Stocks with High International Exposure Outperform Domestics on Optimism about Non Us Equities
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Investors are suddenly pickier about stocks near record highs as inflation sticks around
Investors suddenly have gotten more picky in the past month about which segments of the stock market they want to buy, as stubborn aspects of inflation keep getting in the way of Federal Reserve interest-rate cuts.MarketWatch - Business -
Global stock markets at record high ahead of crunch US inflation report – business live
Rolling coverage of the latest economic and financial news. In the City, profits at Burberry have dropped by 40% as the luxury goods market continues to struggle.. Burberry’s profits fell to £383m in the 12 months to the end of March, down from ...The Guardian - World -
Climate change will loom large in 2024 — here's what red states can do about it
New technologies can make planning and visualization for extreme weather both easier and faster, giving all constituencies a chance to see what’s at stake.The Hill - Politics - Climate -
AMC’s high-yield bonds are rallying with the stock and offering yields close to 30%
AMC Entertainment Inc.’s bonds were rallying Tuesday and were the biggest gainers in the high-yield space, swept up by the resumption of the meme-stock trend that took hold of markets on Monday.MarketWatch - Business -
Should seniors use their home equity to pay bills? What experts say
Home equity could help you pay your bills — but it might not be the wisest strategy in every case.CBS News - Top stories -
International UN Worker Is Killed in Gaza
It was the first time an international U.N. employee had been killed in Gaza since the war began last October.The New York Times - World - United Nations -
Meme stock mania is back: Why everyone is talking about GameStop, AMC and more again
Participants in the meme-stock mania have demonstrated an almost cult-like ability to imagine scenarios where the firms' fortunes can be revived, creating astounding — and almost entirely speculative — run-ups in their share prices.NBC News - Top stories -
Five things to know about meme stocks like GameStop and AMC — and why they’re hot again
Once again, Roaring Kitty is at the center of the meme-stock crazeMarketWatch - Business -
Have a Question About Money? Ask Us.
Feel free to ask us anything — big or small.The New York Times - Business -
ND-A&M to cap off Week 1 tripleheader on ABC
The 2024 college football season will open with a tripleheader on Aug. 31, capped by Texas A&M hosting Notre Dame in prime time on ABC.ESPN - Sports -
How one popular bond ETF is navigating sticky inflation fears to outperform
The U.S. bond market has been navigating a rough past few years, with the potential for a pickup in volatility on Wednesday as investors await a fresh reading on inflation.MarketWatch - Business -
Fed’s Powell hints interest rates will stay high as US inflation lingers
Central bank chair says economy performing well but cites ‘lack of progress’ on price pressuresFinancial Times - Business - Federal Reserve -
Heat exposure of older people across world to double by 2050, finds study
Extra 270 million adults aged 69 or over will suffer dangerous heat levels of 37.5C amid global heating and ageing populations. The heat exposure of older people will at least double in all continents by 2050, according to a study that highlights ...The Guardian - World -
2024 PGA Championship DFS: Optimal DraftKings, FanDuel daily Fantasy golf picks, lineups, strategy
Expert with over $2M in winnings gives PGA DFS advice and 2024 PGA Championship DFS strategy for DraftKings and FanDuelCBS Sports - Sports -
International student deposits in UK dive after graduate visas tightened
Rishi Sunak set to make a decision on whether to axe graduate route altogether as early as this weekFinancial Times - Business - United Kingdom -
Global violence causing record numbers of internally displaced people
Conflicts in Gaza, Sudan and the Democratic Republic of the Congo have led to a total of 68m IDPs across the world. Conflict has forced more than 68 million people to leave their homes as of the end of 2023 – the highest figure since data became ...The Guardian - World -
International Energy Agency to present Clean Cooking in Africa study
Yahoo News - World -
China’s international students under pressure as economic uncertainty looms
A growing number of overseas Chinese students are running into financial difficulties due to the declining wealth of their families back home.CNBC - Business - China -
Middle East crisis live: large parts of Rafah now a ‘ghost town’, says Unrwa spokesperson
Louise Wateridge, in a post on X, said it was ‘hard to believe there were over a million people sheltering here just a week ago’. One of ActionAid’s partners in Rafah has paused humanitarian operations there, with the charity warning that aid ...The Guardian - World -
Wegovy users keep weight off for 4 years, large new analysis finds
Patients taking Novo Nordisk’s Wegovy obesity treatment maintained an average of 10% weight loss after four years, potentially boosting the drugmaker’s case to insurers and governments to cover the cost of the effective but expensive drug.NBC News - Top stories -
Indeed to layoff 1,000 employees, cutting about 8 percent of its US workforce
Hyams said unlike last year, when the cuts were driven by cost savings, the reasoning behind the current sweep of layoffs is "because we need to simplify our organization to make it easier and faster for us to make decisions, and help us to more ...The Hill - Politics -
Internal Emails Reveal How a Controversial Gun-Detection AI System Found Its Way to NYC
NYC mayor Eric Adams wants to test Evolv’s gun-detection tech in subway stations—despite the company saying it’s not designed for that environment. Emails obtained by WIRED show how the company still found an in.Wired - Tech -
Private equity’s capitulation is delayed, not cancelled
Efforts to delay exits may help firms avoid worst of a crunch, but the day of reckoning still beckonsFinancial Times - Business -
Stocks Rise Amid Mixed Signals on Inflation
Stocks edged higher after the producer-price index rose more than expected in April but data for the prior month was revised lower.The Wall Street Journal - World - Inflation -
Alibaba’s stock slumps after another profit miss
Alibaba edged past revenue expectations for its latest quarter but fell short on profit, sending its stock lower in Tuesday’s premarket action.MarketWatch - Business -
Roaring Kitty's Return Sends GameStop Stock Surging
The pandemic "meme stock" run is the stuff of history books and Hollywood movies these days, and now one of the figures central to that phenomenon has made a grand return. Keith Gill, better known by his online handle Roaring Kitty, posted a meme ...GameSpot - Tech -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market -
Chinese Shares Broadly Lower; Investors Digest Higher U.S. Tariffs
Chinese shares were broadly lower, dragged by semiconductor and auto stocks.The Wall Street Journal - World -
GameStop stock surges over 70%—but investors should still be wary of 'meme stocks'
Roaring Kitty returns to social media, GameStop's stock surges and short sellers lost over $1 billion. However, investors should be wary of chasing meme stocks.CNBC - Business -
AMC completed sale $250 million of stock Monday after meme-stock rally
AMC’s stock is surging at a frenzied pace.MarketWatch - Business