The Tell Tech Rally Is Biggest Game of Chicken between the Fed and the Market I Ve Ever Seen Analyst
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GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
USDA tells producers to reduce salmonella in certain frozen chicken products
U.S. poultry producers will have to reduce salmonella bacteria in certain chicken products to very low levels to prevent food poisoningABC News - Health -
Tech, Media & Telecom Roundup: Market Talk
Gain insight on ,T-Mobile, Imax, Rogers Communications, and more in the latest Market Talks covering Technology, Media and Telecom.The Wall Street Journal - World -
The biggest storylines entering two massive NBA Game 2s
Both No. 1 seeds took 1-0 series leads over the weekend. Here's what to know going into Wednesday's playoff games.ESPN - Sports - NBA -
Chelsea's Bright on 'biggest game of career' against Barca
Chelsea captain Millie Bright tells BBC Sport it is the "biggest game of our careers" as the Blues prepare to take on Barcelona in the Women's Champions League semi-finals on Saturday.BBC News - Top stories -
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.MarketWatch - Business -
Bodycam video shows handcuffed man telling Ohio officers 'I can't breathe' before his death
The Canton Police Department in Ohio has released body camera video from the night a 53-year-old man died after he repeatedly told officers “I can’t breathe” as he was handcuffed with his hands behind his back and he was pinned to the ground.NBC News - Top stories -
Anglo American shares rally after BHP takeover approach — could lead to biggest deal of the year
BHP said it’s looking to offer 0.7097 of its shares for each Anglo American share. It now has a month to make a formal offer.MarketWatch - Business -
UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo
The move will be seen as a major blow to the London Stock Exchange.CNBC - Business - United Kingdom -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Can a new batch of tech earnings rescue the market? Here are the factors at play
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
A Billionaire Tech CEO Is Throwing the Most Epic Wedding Ever in Egypt —And He Nearly Missed It! (Exclusive)
Yahoo News - World -
The Best, Most Profound Life Advice I Ever Received Was From a Funny Man on 'Hot Ones'
Advice often comes from the place you least expect it.Inc. - Business -
Macro concerns kept games investors cautious in Q1 2024 I InvestGame
Gaming investments totaled $2.2B in Q1 2024 according to InvestGame. Investors remain risk-averse with few exit options on the table.VentureBeat - Tech -
GDP report shows why it’s a fool’s game to bet on the Fed’s interest-rate moves
Buying stocks after the “final rate hike” in a cycle demands perfect timing.MarketWatch - Business -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
Trump Media Analyst Coverage: No Word From the Street
Brokerages that cover other social media platforms aren't reporting on Truth Social's parent company, one of the most traded stocks on Wall Street.Inc. - Business - Donald Trump -
Democrats seen as more successful at passing legislation: Survey
Democrats are seen as more successful at passing legislation in the House of Representatives than their party counterparts, according to a new Monmouth University poll. More than half of Americans surveyed, 53 percent, said that Democrats have ...The Hill - Politics -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
Tensions ratchet up between China and the west
Also in this newsletter: new weapons for Ukraine, German recovery, the value of loyaltyFinancial Times - World - China -
Tesla's Big Rally Drives the Nasdaq Higher
U.S. stocks have rebounded in recent days, after notching their worst week in more than a year.The Wall Street Journal - World -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Top stories - Israel -
Divestment From Israel Is a Rallying Cry for College Protesters
The campaign is likely to have a negligible impact on the companies or Israel, but activists see divestment as a clear way to force colleges to take action on the issue.The New York Times - Business - Israel -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
Nvidia I Sunday on 60 Minutes
One of only five companies to ever surpass $2 trillion in stock market value, computer chip maker Nvidia ushered in the artificial intelligence revolution with its groundbreaking software and graphics processing unit. Bill Whitaker reports, Sunday.CBS News - Top stories -
Threatening ally of Roman Abramovich would be ‘a suicide mission’, agent tells court
Saif Alrubie denies intimidating Marina GranovskaiaKia Joorabchian left UK before due to give evidence, jury toldThe football agent accused of sending an intimidating email to a Chelsea FC executive has said it would be “a suicide mission” to ...The Guardian - World -
Huge fire seen as Ukraine hits Russian oil depots with drone strike
Ukraine claims to have destroyed almost 1 million cubic feet of fuel in a drone strike on Russian state-owned oil depots.CBS News - World - Ukraine -
New York governor tells Speaker Johnson to stay out of Columbia tumult
New York Gov. Kathy Hochul (D) is criticizing Speaker Mike Johnson’s (R-La.) visit to Columbia University, arguing he's only exacerbating divisions by showing up to speak with Jewish students. “I think politicizing this and bringing the entourage ...The Hill - Politics - New York -
Israeli-American Hostage, Hersh Goldberg-Polin, Is Seen in Hamas Video
The video appeared to be the first time that Mr. Goldberg-Polin, who was grievously injured in the Hamas-led Oct. 7 attack, has been seen alive since he was taken captive.The New York Times - World - Israel -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Gucci Made an App for Apple Vision Pro, and It’s the Best I’ve Seen Yet
Not everyone needs a Vision Pro, but we'd all benefit from more creative storytelling like this.Inc. - Business - Apple -
'Stay strong,' parents tell Gaza hostage after video
Hamas issues a proof-of-life video of US-Israeli Hersh Goldberg-Polin, abducted on 7 October.BBC News - Top stories -
U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
China and US should be partners, not rivals, Xi tells Blinken
China's president and America's top diplomat hold talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
The World's Biggest Election Is Also Its Hottest
As India’s elections get under way, candidates will need to beat something more perilous than their political rivals—the extreme heat.The Wall Street Journal - World -
2024 Porsche Macan: A Big Step in EV Tech
The all-electric successor to the Macan compact SUV, the most popular model in Porsche’s lineup, is built on an upgraded EV platform—and now feistier than ever.The Wall Street Journal - World -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Health