Bank of America's Q1 profits fall 18% on higher expenses, charge offs
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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - 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 -
Minister broke rules on expenses, watchdog finds
The MP for Blackpool North has agreed to pay back £1,367 for use of a state-of-the-art printer.BBC News - Top stories -
Business locked in expensive AI 'arms race'
Business leaders feel pressure to invest in AI but the costs are formidable.BBC News - Top stories -
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AP Week in Pictures: Latin America and Caribbean
May 10-16, 2024 As young Haitians are increasingly exposed to violence, the country is undergoing a wider push to dispel a long-standing taboo on mental health services teaching parents how to put a smile on their children’s faces. Family and ...ABC News - World -
Romney says he laughs at term 'America first'
Sen. Mitt Romney (R-Utah) said that he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The ...The Hill - Politics -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Everyday citizens have abandoned Biden. When will America’s elites?
If the people continue to not support Biden, a time will come when the elites can no longer either.The Hill - Politics -
Ethnic strife is tearing Ethiopia apart, but America can help end it
Ethiopia is a nation in crisis.The Hill - Politics -
Red and Blue America Can't Just Go Their Separate Ways
Every state is basically purple, so we have to figure out how to avoid letting politics define us as Americans, writes Bill Maher.The Wall Street Journal - World -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
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Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Treasury yields hold steady despite data showing U.S. is about to face serious headwinds
Rates on U.S. government debt were slightly higher Friday morning even after Conference Board data pointed to softer economic conditions ahead.MarketWatch - Business -
Oil futures edge higher, set for modest weekly gains
Oil futures head for modest weekly gains on Friday as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
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Trump trial Day 18 takeaways: Fireworks on the stand as finish line nears
Much of Thursday's court proceedings in Donald Trump's hush money trial were consumed by the defense cross-examining Michael Cohen, his former attorney and fixer.NBC News - Top stories - Donald Trump -
Defending champion Rose Zhang withdraws during Round 1 of Mizuho Americas Open
Zhang had completed three holes before she made the decision to withdraw.Yahoo Sports - Sports -
PEN America, facing criticism over its response to the Mideast war, gathers for annual gala
PEN America gathered Thursday night for its annual gala, a high-profile event raised even higher because some wondered if it would be held at allABC News - Entertainment -
2027 Women's World Cup: Brazil named host, bringing the tournament to South America for the first time
Brazil's bid beat out a joint effort from Belgium, Germany and the NetherlandsCBS Sports - Sports -
Honduran city’s air pollution is almost 50 times higher than WHO guidelines
San Pedro Sula is rated ‘dangerous’ as effects of forest fires, El Niño and the climate crisis cause a spike in respiratory illnesses. The air quality in San Pedro Sula, the second-largest city in Honduras, as been classified as the most polluted ...The Guardian - World -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World