‘The ship has turned.’ JPMorgan upgrades iconic U.K. retailer Marks & Spencer
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Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
Retailers are converging on 'middle-price-point' items as the best way to reach consumers, a new CNBC Supply Chain Survey shows.CNBC - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
Microsoft's Partnership With Mistral AI Cleared by U.K. Regulator
The U.K. Competition and Markets Authority cleared Microsoft’s partnership with Mistral AI.The Wall Street Journal - World - Microsoft -
CoD: Warzone And MW3 Season 4 Confirms The Return Of Iconic Rifle
Activision has released a new teaser trailer for the upcoming Season 4 update for Call of Duty: Modern Warfare 3 and Warzone. The season is confirmed for May 29, and the big update brings the return of Warzone's popular Kar98k bolt-action ...GameSpot - Tech -
Russia Expels British Diplomat After U.K. Booted His Counterpart
Russia also warned of further action, while the British foreign secretary called the expulsion a “desperate move.”The New York Times - World - United Kingdom -
The View Within Israel Turns Bleak
Attitudes toward the “Palestinian problem” range from detached fatigue to the belief that driving Palestinians into submission is God’s work.The New York Times - Top stories - Israel -
The Nike Pegasus 41 shoe is coming in June, so the NFL Pegasus 40 has been marked down to $55
Ahead of the Nike Pegasus 41 launch, you can get last year's shoe in your favorite NFL team's colors for just $55.CBS Sports - Sports - NFL -
Jewelers Turning to Artificial Intelligence for Online Advertising
Jewelers are increasingly exploring the technology’s potential to create new worlds in online campaigns.The New York Times - Business -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World -
In California, otters are turning to tools to eat prey in Monterey Bay
West Coast sea otters are turning to tool use to exploit richer prey and get a leg up on the competition, a new study has found. In Monterey Bay, an incredible rebound in sea otter populations has made their favorite prey scarce — and pushed them ...The Hill - Politics - California -
Google's Latest Easter Egg Turns The Search Engine Into Minecraft
Mojang, the studio behind Minecraft, has teamed up with Google for the game's 15th anniversary on May 17. The collaboration adds an Easter egg to the Google search engine, allowing users to start mining like they would in the game.To get the ...GameSpot - Tech - Google -
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How to immunize your bond ETF if interest rates turn back up
Hedging against interest rate fluctuations is straightforward.MarketWatch - Business -
Walmart’s shares hit record high as retailer raises its earnings forecast
Company continues to benefit from consumers seeking the best deals amid persistent inflationFinancial Times - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
Chinese Retailer Temu Under Fire From European Consumer Groups
Temu, the discount retailing app owned by Chinese e-commerce giant PDD Holdings, is facing consumer complaints that its business practices violate a new online content law in Europe.The Wall Street Journal - Business - China -
China unveils package to boost property sector
Central bank eases lending requirements and lowers downpayments to ease years-long slowdownFinancial Times - World - China -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
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How Aaron Judge turned his season around in just two weeks as Yankees slugger finally heats up
Judge got a slow start to 2024 but he look like his old self these daysCBS Sports - Sports - MLB -
How Google’s AI Overviews Work, and How to Turn Them Off (You Can’t)
Google’s new Gemini-powered search experience is rolling out to users in the US. Here’s some advice on how to navigate it. And if you want to turn AI Overviews off, too bad.Wired - Tech - Google -
Plaid Cymru ‘deeply concerned’ Gething has failed to pay back controversial donation as party ends cooperation agreement – UK politics live
Plaid Cymru has ended its cooperation agreement with Welsh Labour government in the Senedd over concerns regarding donations to leader Vaughan Gething. The Daily Express and Daily Mail have both asked questions about the taxing of pensions. Jeremy ...The Guardian - World - United Kingdom -
Walmart and Other Retail Earnings Show Inflation Still Pushing Consumers to Seek Deals
Low prices drive consumers to shop at the big box chain, while fewer people are buying fancy coffees or taking on home improvement projects, as Starbucks and Home Depot report sales declines.Inc. - Business -
Under Armour is laying off workers as retailer says North America sales will plunge this year
Sales in Under Armour's largest market in North America are falling as inflation-weary consumers pull back on new clothes and shoes.CNBC - Business