Bank of England Will Overhaul Its Forecasting After Inflation Surprises
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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 -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
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 -
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Vatican moves to adapt to hoaxes, Internet and overhauls its process for evaluating visions of Mary
The Vatican has radically reformed its process for evaluating alleged visions of the Virgin Mary, weeping statues and other seemingly supernatural phenomenaABC News - World -
Palo Alto Networks’ stock falls after earnings as forecast fails to impress
The stock was down about 10% in after-hours action Monday. It lost 28% in the session after the last earnings report.MarketWatch - Business -
Sciver-Brunt misses England T20 after egg-freezing
England’s Nat Sciver-Brunt reveals she missed the first T20 against Pakistan following egg-freezing treatment.BBC News - Top stories -
Zoom bumps its longer-term outlook higher, but near-term forecast comes up short
Zoom Video Communications Inc. on Monday bumped its full-year profit and sales forecast higher, after reporting first-quarter results that beat Wall Street’s expectations, helped by a broader artificial-intelligence rollout across the ...MarketWatch - Business -
JuJu Smith-Schuster says he's 100% healthy after knee issues plagued first season in New England
Smith-Schuster struggled after signing with the Patriots last offseasonCBS Sports - Sports -
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the ...The Hill - Politics - Joe Biden -
FDIC Chair Martin Gruenberg to resign after damning workplace harassment probe
A recent report detailing a toxic culture at the FDIC described Chairman Martin Gruenberg as having a "temper" and a "short fuse."CNBC - Business -
Treasury yields climb for third straight day after flurry of Fedspeak
Treasury yields ticked higher on Monday, rising for a third straight day as several senior Federal Reserve officials warned that the central bank likely faces a slower path toward reaching its inflation target.MarketWatch - Business -
Iranian President, Foreign Minister Killed in Helicopter Crash
Ebrahim Raisi’s death deprives Supreme Leader Ayatollah Ali Khamenei of a longtime ally as Tehran angles for regional dominance.The Wall Street Journal - World - Iran -
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The Northern Lights Forecast in the U.K.
Sightings of the aurora borealis are unlikely in the U.K. this weekend, but the northern lights could return on Monday, forecasters said.The New York Times - World -
Richemont overhauls CEO role as it navigates luxury downturn
Swiss company appoints Van Cleef & Arpels head as new group chiefFinancial Times - Business -
Spinners on top as England thrash Pakistan
England spinners Sophie Ecclestone, Sarah Glenn and Alice Capsey share seven wickets as the hosts beat Pakistan in Northampton by 65 runs and win the T20 series with a game to spare.BBC News - Top stories - Pakistan -
A year after its Tony boost, Pasadena Playhouse unveils 2024-25 season
A year after winning the Regional Theatre Tony Award, Pasadena Playhouse unveils its 2024-25 season and readies to celebrate the 100th anniversary of its historic building.Los Angeles Times - Entertainment -
Reddit soars after announcing OpenAI deal that allows use of its data for training AI models
OpenAI and Reddit announced a partnership that will allow the ChatGPT maker to train its artificial intelligence models on Reddit content.CNBC - Business -
France is rushing reinforcements to its Indo-Pacific territory of New Caledonia after days of riots.
France is rushing reinforcements to its Indo-Pacific territory of New Caledonia after days of riots.The Wall Street Journal - World -
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After the only hospital in town closed, a North Carolina city directs its ire at politicians
After one North Carolina city's only hospital closed, residents there say they're not only worried about their health but they've lost trust in politiciansABC News - Health -
Defense calls its first witness after prosecution rests in hush money trial
Michael Cohen's cross-examination is likely to conclude today in Trump's hush money trial. Closing arguments would then occur if the defense doesn't call any witnesses.NBC News - Top stories -
Trump trial: Drama sweeps courtroom as defense tries to get case tossed
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump -
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 -
Democrats can still jettison Biden as an ‘August Surprise’
A growing number of Democrats see Biden as becoming the political version of “Groundhog Day.” Every night they go to sleep dreaming of having a new nominee and every morning they wake up to the same old Biden.The Hill - Politics - Joe Biden -
NBA playoffs: Stars, schemes and stats that will decide surprising conference finals
After two thrilling rounds, we've reached the final four teams still vying for the title: Celtics-Pacers begins Tuesday (8 p.m. ET on ESPN) while Wolves-Mavs tips on Wednesday.ESPN - Sports - NBA -
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New EY Report Forecasts 2024 Deals Rebound
Despite stubborn interest rates, mergers and acquisitions could rebound dramatically from the drop off that characterized last year.Inc. - Business -
Democrats gear up to overhaul the Senate filibuster for major bills if they win in 2024
The fate of the Senate filibuster is on the ballot in the 2024 election, as Democrats rally around weakening it to codify abortion rights and bolstering federal voting rights.NBC News - Top stories -
Frontier Airlines does away with change fees in budget airline pricing overhaul
The budget airline's changes come amid the Biden administration's crackdown on so-called "junk fees."CNBC - Business - Travel -
Frontier Airlines does away with change fees in budget airline pricing overhaul
Frontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues stricter rules targeting so-called “junk fees.”NBC News - Top stories - Travel -
Why the N.H.L.’s Replay System Needs a Massive Overhaul
Replay doesn’t need to be ditched entirely, but the league needs to change its approach, a columnist for The Athletic writes.The New York Times - Sports -
Top Education Officials Were Warned of FAFSA Overhaul Hurdles in 2020
Documents obtained by The Times show the department’s troubled FAFSA rollout this year came in spite of early warnings that the project required sustained attention.The New York Times - Top stories -
Telstra to Cut Jobs to Save Costs Amid Enterprise Overhaul
The Australian telecommunications company Telstra plans to cut 2,800 jobs as part of a continuing strategic review, helping cut $233.4 million in costs.The Wall Street Journal - World -
England can cope without Anderson & Broad - Labuschagne
Australia batter Marnus Labuschagne believes England can cope without the experience of James Anderson and Stuart Board.BBC News - Top stories -
England's Kane suffers injury scare on Euros' eve
England captain Harry Kane is struggling with a back injury less than a month out from the European Championship, with Bayern Munich manager Thomas Tuchel confirming he will miss the final game of the season.ESPN - Sports -
Why England will be thrilled by Stokes' steady return
Ben Stokes' solid if unspectacular return will suit England just fine as they prepare for life after James Anderson.BBC News - Top stories -
Archer will bring 'fear factor' on England return
Jofra Archer will bring a "fear factor" to England's bowling attack when he returns this month, says team-mate Sam Curran.BBC News - Top stories -
England's Euro 2024 squad - Southgate's big decisions
England manager Gareth Southgate picks his initial Euro 2024 squad on Tuesday and faces a few difficult selection issues.BBC News - Top stories