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‘This will be a little bit worse than a normal correction’: April’s stock-market selloff isn’t over yet
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Correction
New York magazine quoted a former Federal Trade Commission official who said that Lina Khan “came in with a bunch of answers . . . but no actual strategy” to accomplish her goals.The Wall Street Journal - World -
Corrections & Amplifications
Corrections & Amplifications for the edition of May 10, 2024.The Wall Street Journal - World -
After slow start to 2024, Corbin Carroll’s swing changes are starting to pay off: 'Every day is a little bit better'
A disappointing April led Carroll and his Diamondbacks coaches to reexamine his swing mechanics and get back to his strengths.Yahoo Sports - Sports -
No Interest to Cut Rates…(Yet)
And, Chris Mason speaks to Tory defector Natalie ElphickeBBC News - Top stories -
Dropbox’s results get a break from investors after big selloff in February
After taking a big hit during its last round of earnings, shares of Dropbox Inc. rose on Thursday after the online-storage platform reported first-quarter results that topped Wall Street’s estimates.MarketWatch - Business -
‘I love erotic thrillers, but this so isn’t one’: Damian Hurley on directing his mother, Elizabeth, in a ‘sensual mystery’
At 22, Damian Hurley has made his first feature film, in which his very famous mum is snogged and fondled by her female co-star. He talks about being a nepo baby, finally getting to vote, and coping with the deaths of his father and stepfather. ...The Guardian - World
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It’s been a century since corporate bonds have outperformed government debt like this
It’s been at least a century since corporate bonds have outperformed government bonds to the degree that has been happening now.MarketWatch - Business -
The surprising reason why utilities stocks have suddenly transformed into the hottest sector on Wall Street
It has little to do with the economy — and a lot to do with who will benefit from the rise of artificial intelligence.MarketWatch - Business -
Novavax shares double on Sanofi’s $1.4 billion investment for combo vaccine
The French pharmaceutical giant will work with Novavax to commercialize its existing COVI-19 vaccine and help develop a new combined vaccine for both COVID-19 and InfluenzaMarketWatch - Business -
‘No return’ left for U.S. stock market in 2024, says Goldman’s David Kostin
The U.S. stock market’s climb this year probably has stalled for the rest of 2024, even as investors remain optimistic that companies stand to benefit from the adoption of artificial intelligence, according to Goldman Sachs Group’s David Kostin.MarketWatch - Business -
Crypto industry’s lobbying hit a record in 2023 — and is off to a strong start in 2024
The cryptocurrency industry’s spending on Washington lobbying rose to a fresh record last year, while it’s started out 2024 with more sizable spending to influence the U.S. government.MarketWatch - Business