This Should Give the Fed Some Comfort Economists React to Jobs Report
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Black and Latino workers die on the job at disproportionate rates, new report shows
Black workers’ job fatality rates are the highest they’ve been in nearly 15 years, and Latino workers die on the job more than any other group, according to a new report.NBC News - Top stories -
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 -
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 -
Finding Comfort in a Haircut
A good cut is hard to find no matter where you live. But some hairstylists know it holds more weight for their transgender clients.The New York Times - Lifestyle -
A message to economists: geopolitics matters too
Western policymakers ignore changing global power relations at their perilFinancial Times - World -
The 'Senior' Jobs That Require Little or No Experience
Many early-career jobs now come with inflated titles, and a loophole in the FTC’s new ban on noncompetes could lead to dubious promotionsThe Wall Street Journal - World -
Slot confirms he wants Liverpool job
Arne Slot confirms that he is interested in becoming Liverpool's manager after Jurgen Klopp leaves at the end of the season.BBC News - Top stories -
With 3 Words, Economists Explain the Real Reason There Are So Many Bad Bosses
The Peter Principle explained.Inc. - Business -
Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
American Airlines Gives Upbeat Guidance
The carrier’s shares climbed more than 4% premarket as it swung to a loss in the first three months of the year but provided a positive second-quarter forecast. The airline reduced its total debt by nearly $950 million.The Wall Street Journal - World - Travel -
'On Giving Up' Review: Taking No Sides
To give up can mean to quit a habit, such as smoking, or to lose enthusiasm for living. What connects these notions philosophically?The Wall Street Journal - World -
Hunt defends job cuts to increase defence spending
The chancellor says cutting services will cost "a great deal less" than allowing Russia to succeed in Ukraine.BBC News - Top stories -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
Would you pay a tourist fee to enter Venice?
From Thursday visitors making a trip to the famous city at peak times will be charged a trial entrance fee.BBC News - Top stories -
You need at least $1 million to retire comfortably in these 10 U.S. states—half are in the Northeast
While not everyone hopes to retire as a millionaire, you may need to be one to retire comfortably in these U.S. states, per GOBankingRates.CNBC - Business -
Ukraine uses longer-range US missiles for first time
Missiles secretly delivered this month have been used to strike Russian targets in Crimea, US media say.BBC News - Top stories - Ukraine -
Biden needs to give Putin something to worry about
Anything would be more persuasive than Biden's "don't."The Hill - Politics - Joe Biden -
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 -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Yankees' Aaron Boone reacts to ejection that was caused by fan: 'It's embarrassing'
After a fan behind the dugout yelled at home plate umpire Hunter Wendelstedt, manager Aaron Boone got ejected in the Yankees' 2-0 loss to the A's on Monday.Yahoo Sports - Sports -
Hersh Goldberg-Polin’s parents react to new Hamas hostage video
Rachel and Jon Goldberg-Polin, whose Israeli-American son Hersh was taken hostage by Hamas on Oct. 7, called on all parties involved in negotiations to “be brave, lean in, seize this moment and get a deal done.” They then added a message to Hersh, ...NBC News - Top stories -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
Ashley Judd, #MeToo founders react to ruling overturning Harvey Weinstein's conviction
Prominent members of the #MeToo movement are speaking out about the court ruling overturning Harvey Weinstein's New York rape convictionABC News - Entertainment -
Hollywood reacts to overturning of Harvey Weinstein rape conviction: ‘Beyond disappointed’
Surprise reversal of producer’s New York conviction led to anger from stars and accusers, including Ashley Judd and Mira Sorvino. Hollywood has reacted with shock to the news that the disgraced producer Harvey Weinstein’s rape conviction has been ...The Guardian - World -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
BHP shares decline as investors react to proposed blockbuster mining deal
Financial Times - Business -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Biden Administration Requires Airlines to Give Automatic Refunds for Canceled Flights
The Biden administration will require airlines to automatically provide cash refunds when flights are canceled and to disclose fees like checked bag costs earlier in the booking process under two new rules.The Wall Street Journal - World - Joe Biden -
JPMorgan CEO Jamie Dimon Gives a Soft Landing Long Odds
Jamie Dimon says the U.S. consumer is in good shape right now, but a huge fiscal deficit and geopolitical challenges make him cautious about the future. He sits down with our editor in chief.The Wall Street Journal - World -
The NFL draft gives players a chance to flaunt their style on the red carpet
The NFL draft gives players a chance to flaunt their styleABC News - Sports - NFL -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some former Trump administration officials argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.The Wall Street Journal - World - Donald Trump