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Wealthy investors weather the inflation storms
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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 -
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 -
At least 4 people are dead after a night of tornadoes and storms in the Midwest
Dawn broke over scenes of devastation in several counties across Oklahoma on Sunday, with reports of severe structural damage, closed highways, blackouts, injuries and at least five deaths.NBC News - Top stories -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Sticky German inflation curbs investors’ ECB rate cut expectations
Energy and food figures highlight ‘last mile’ challenge of bringing prices close to central bank’s targetFinancial Times - World - Germany -
Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries
U.S. stocks pared their April losses on Friday, with the S&P 500 booking its biggest weekly gain since November as Big Tech stocks rallied.MarketWatch - Business -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
'Nobody's getting wealthy on Social Security,' lawmaker says. The November election may influence the program's future
Social Security's trust funds are projected to run out in the next decade. When lawmakers address that dilemma, they will also define the program's future role.CNBC - Business -
Four ways climate change affects extreme weather
Extreme weather is becoming more frequent and more intense in many places because of climate change.BBC News - Top stories - Climate -
Tornadoes Strike Nebraska and Iowa, Injuring at Least 9
Storms destroyed homes and injured several people in Iowa and Nebraska, including in Omaha. A tornado also hit near Des Moines.The New York Times - Top stories
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