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Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - World - China -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
How much college athlete pay model may cost power schools
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.Yahoo Sports - Sports -
Cramer says he's willing 'to pay up' for Viking, the biggest IPO of the year
CNBC's Jim Cramer on Thursday reviewed the IPO of Viking.CNBC - Business -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World -
How scholars armed with cutting-edge technology are unfurling secrets of ancient scrolls
Researchers and Silicon Valley are using tools powered by AI to uncover lives of ancient philosophers. More than 2,000 years after Plato died, the towering figure of Classical antiquity and founder of the Academy, regarded by many as the first ...The Guardian - World -
Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World -
Japan used $59bn to prop up the yen but consumers may still cut back
Government interventions this week fail to ease concerns about plunging currencyFinancial Times - Business - Japan -
Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.CNBC - Business - Federal Reserve -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Oil prices edge higher after report OPEC+ may extend production cuts
Oil futures find support after report says OPEC+ members are willing to consider extending production cuts.MarketWatch - Business -
Mister Car Wash upgraded to overweight by JPMorgan while Driven Brands gets cut
Analyst says the “competitive tide shifting back” in the company’s favorMarketWatch - Business -
TikTok and Universal Music struck a new licensing deal that will return the record label's artists and their songs to the video-sharing app, ending months of disagreements over pay.
TikTok and Universal Music struck a new licensing deal that will return the record label’s artists and their songs to the video-sharing app, ending months of disagreements over pay.The Wall Street Journal - World