Us Consumer Sentiment Hits Highest Level Since 2021
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Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
Consumer sentiment weakens in late April, University of Michigan survey says
Consumer sentiment deteriorated near the end of April, according to the latest reading from the University of Michigan.MarketWatch - Business -
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 -
U.S. trade deficit in goods widens in March to highest level in almost a year
The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.MarketWatch - Business -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
U.S. weekly jobless claims drop to lowest level since mid-February
Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.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 -
US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflationABC News - Top stories -
LSE Group investors back doubling chief’s pay to US levels
David Schwimmer could earn up to £13.1mn this year and become one of the best-paid FTSE 100 executivesFinancial Times - Business -
Minneapolis smokers to pay some of the highest cigarette prices in US with a $15 per-pack minimum
Smokers in Minneapolis will pay some of the highest cigarette prices in the country after the City Council voted unanimously to impose a minimum retail price of $15 per pack to promote public healthABC News - Health -
Ukraine used secretly supplied US missiles to hit Russian targets
The U.S. has already provided long-range Army Tactical Missile Systems (ATACMS) to Ukraine, according to a Pentagon spokesperson. President Biden in February directed officials to supply the longer-range versions of the ATACMS, which have been ...The Hill - Politics - Ukraine -
Ukraine Could Use Long-Range ATACMS to Hit Russian Targets in Crimea, U.S. Says
The goal for a recent delivery of ATACMS, a coveted long-range missile system, is to put more pressure on Russian forces in eastern parts of occupied Ukraine.The New York Times - World - Ukraine -
Ukraine Could Use Long-Range ATACMS to Hit Russian Targets in Crimea, U.S. Says
The goal for a recent delivery of ATACMS, a coveted long-range missile system, is to put more pressure on Russian forces in eastern parts of occupied Ukraine.The New York Times - Top stories - Ukraine -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
How trading up for Lance in 2021 draft ultimately didn't derail 49ers
The 49ers traded a haul of picks to trade up and select Trey Lance with the No. 3 pick in the 2021 NFL Draft. The selection never worked out, but thankfully for San Francisco, Brock Purdy fell into its lap.Yahoo Sports - Sports - NFL -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
England has highest rates of child alcohol consumption, WHO finds
Global health experts call for curbs on online marketing to protect teens from marketing of ‘harmful products’Financial Times - World -
Harvey Weinstein 2020 rape conviction overturned by New York's highest court
Harvey Weinstein's 2020 conviction on felony sex crime charges has been overturned by the State of New York Court of Appeals.CBS News - Entertainment -
New York's highest court overturns Harvey Weinstein verdict
The New York State Court of Appeals ruled Thursday that disgraced former media mogul Harvey Weinstein did not receive a fair trial in a 2020 case in which he was found guilty of sexually assaulting two women. In a 4-3 decision, the appeals court ...CBS News - Top stories - New York -
Gymnast Douglas competes for 1st time since '16
Gabby Douglas competed for the first time in eight years Saturday at the American Classic, looking rusty in spots and promising in others while posting a score of 50.65 in the all-around.ESPN - Sports -
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 -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - World - China -
China to Pay Consumers Up to Nearly $1,400 to Replace Old Cars
China plans to give car owners up to nearly $1,400 to replace their old cars with new ones, a move to boost slowing demand in the world’s largest electric-vehicle market.The Wall Street Journal - Business - China -
Women should give up vaping if they want to get pregnant, study suggests
Research finds hormone that indicates fertility at lower levels in vapers and tobacco smokers. Women should give up vaping if they are hoping to get pregnant, according to a study that suggests it may affect fertility.. In the first research to ...The Guardian - World