Treasury Warns of Risks to Financial Sector in Cloud Computing Services
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Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - Business -
In-home caregivers face financial distress despite state program
Sabrina Bishop, a live-in caregiver for an older man with advanced dementia, is just one of the many people in her profession facing financial challenges.CBS News - Top stories -
Argentine households face financial crunch as markets cheer Javier Milei
Investors say president’s austerity measures are needed before economy turns the cornerFinancial Times - World -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Fulton Financial acquires Republic First Bank after first U.S. bank failure of 2024
After struggling under the weight of higher interest rates, Republic First Bancorp on Friday found another regional lender willing to rescue it: fellow Pennsylvania-based bank Fulton Financial Corp.MarketWatch - Business -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
Egypt warns of 'catastrophic consequences' as Rafah offensive looms
Yahoo News - World -
New Energizer Battery Warns Parents if Their Child Has Swallowed It
The new battery by Energizer, with “color alert technology,” comes nearly two years after a report warned that more children were swallowing batteries.The New York Times - Business -
DeSantis warns of potential expulsion for student protesters in Florida
Florida Gov. Ron DeSantis (R) is warning college students in his state that they could be expelled if they engage in unsanctioned protests on campuses. “At places like Columbia and Yale, Hamas protesters rule the roost, and the universities are ...The Hill - Politics - Florida -
Foreign states targeting UK universities, MI5 warns
Senior figures from leading institutions are warned of risks to some of their cutting-edge research.BBC News - Top stories - United Kingdom -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
China warns US not to step on its 'red lines'
US Secretary of State Antony Blinken is in China in an attempt to put relations on an even keel.BBC News - Top stories - China -
Jeremy Hunt defends civil service job cuts to increase defence spending
Yahoo News - World - United Kingdom -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
Australia and New Zealand honor their war dead with dawn services on Anzac Day
Hundreds of thousands of peole have gathered under a full moon across Australia and New Zealand for dawn services to commemorate their war dead on Anzac DayABC News - World - New Zealand -
Secret Service agent assigned to Kamala Harris exhibits "distressing behavior"
Two sources briefed on the situation told CBS News the agent spouted gibberish, was speaking incoherently and provoked another officer physically.CBS News - Politics -
Secret Service agent assigned to Kamala Harris exhibits "distressing behavior"
Two sources briefed on the situation told CBS News the agent spouted gibberish, was speaking incoherently and provoked another officer physically.CBS News - Top stories -
Australia and New Zealand honor their war dead with dawn services on Anzac Day
Hundreds of thousands of people have gathered across Australia and New Zealand for dawn services and street marches to commemorate their war dead on Anzac DayABC News - Top stories - New Zealand -
AI could kill off most call centres, says Tata Consultancy Services head
Chatbots will soon take over much of the work of human agents, forecasts chief of Indian IT groupFinancial Times - Business - Artificial Intelligence -
The German parliament votes for an annual veterans' day to honor military service
The German parliament has voted to introduce an annual national “veterans’ day” to honor people who have served in the military, which often has struggled to gain recognition in the countryABC News - World -
Southwest is ending service in these 4 airports amid Boeing delays
These are the airports Southwest is pulling out of completely as it looks to save costs.CBS News - Top stories -
José Andrés memorializes WCK workers killed in Gaza at National Cathedral service
Celebrity chef and founder of nonprofit World Central Kitchen (WCK) José Andrés memorialized his seven employees killed during an aid mission in Gaza at a service at the Washington National Cathedral on Thursday. “They risked everything to feed ...The Hill - Politics -
Hackers claim to have infiltrated Belarus' main security service
A Belarusian hacker activist group claims to have infiltrated the network of the country’s main security agency and obtained access to personal files of over 8,600 staffers of the KGB, the security service that still goes under its Soviet nameABC News - World -
G.O.P. Asks Secret Service to Move Protesters Away From Convention Venue
The Republican National Committee said moving protesters farther away from the venue in Milwaukee would reduce the risk of confrontations.The New York Times - Top stories -
Martian skies over Athens? Greece’s capital turns an orange hue with dust clouds from North Africa
Yahoo News - World -
How athletes and entertainers like Shohei Ohtani get financially duped by those they trust
Athletes and entertainers lose money because they're inattentive, make risky investments and overspend on loved ones and expensive toys, financial experts say.Los Angeles Times - Entertainment -
Anglo Considers Sale of Diamond Unit De Beers
The London-listed company has held conversations in recent weeks with potential buyers, including luxury houses and Gulf sovereign-wealth funds.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
Persistently High Commodity Prices Could Delay Rate Cuts
Global commodity prices are expected to soften this year and next but remain considerably above prepandemic levels, making it harder for central banks to lower inflation and loosen monetary policy, the World Bank said.The Wall Street Journal - World -
Russian Missile Incursions Into NATO Risk Wider War, Poland's President Says
Andrzej Duda called the flyovers in Polish airspace provocations that put infrastructure and people in danger.The Wall Street Journal - World - Russia -
The Morning Risk Report
Foreign aid package comes with new sanctions risks for companies, and workers get ready to switch jobs but employers are fighting to stop them. Also, Swedbank to integrate operations tackling financial crime.The Wall Street Journal - World -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
Parent company Alphabet reported $80.5 billion in first-quarter revenue, a 15% increase from a year earlier, as the company said it plans to pay a cash dividend to investors for the first time.The Wall Street Journal - Business - Google -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft