Us Stocks Pare Gains after Fed Minutes Signal Continued Tightening
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Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
The Album | Sunday on 60 Minutes
When a photo album depicting Nazis at dinner parties and picnics arrived at the U.S. Holocaust Memorial Museum in 2007, historians weren’t sure what to make of it. It turned out to be a rare personal scrapbook of a high-ranking Nazi officer. Sunday.CBS News - Top stories -
Reddit shares surge as it strikes content deal with OpenAI
Agreement comes as competition for high-quality data to underpin AI models intensifiesFinancial Times - Business -
China’s factory output jumps as Beijing bets on industry to drive recovery
Retail sales growth lags forecasts as policymakers struggle to convince consumers to spendFinancial Times - World - China -
Asia-Pacific Innovative Lawyers
Generative AI and global tensions are shaping the legal agenda as lawyers respond to political and economic uncertainty, climate change and workloads. Plus: best practice case studies and a spotlight on JapanFinancial Times - World -
German court says government must tighten climate protection plan
Yahoo News - World - Climate -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
Chubb raises dividend 5.8% after Berkshire-related stock boost
Chubb on Thursday raised its dividend 5.8%, which the company said marked its 31st consecutive hike.MarketWatch - Business -
Walmart’s stock surges to record after a grand-slam earnings report
Walmart’s stock rallied into record territory Thursday, after the discount retail giant hit a grand slam with its fiscal first-quarter earnings report, boosted by a big jump in e-commerce sales.MarketWatch - Business -
Cuban Spycraft | Sunday on 60 Minutes
For decades, prolific Cuban spies working in the U.S. government, serving in high-profile positions with top security clearances, have evaded American intelligence officials. This Sunday, Cecilia Vega reports on two undercover agents.CBS News - Top stories -
Sinn Fein’s Support Falls Again, Irish Times Poll Signals
Yahoo News - World -
Cracker Barrel is the latest restaurant chain to signal trouble ahead as it sees fewer diners
Restaurant chain slashes dividend as it reports fewer diners, says it had to close stores this quarterMarketWatch - Business -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business