Chinese economy beats growth expectations in first quarter
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Japan’s economy contracts in first quarter as consumer spending lags
Weak yen puts pressure on household expenses and complicates central bank’s plan to raise interest ratesFinancial Times - Business - Japan -
Deutsche Telekom Backs Guidance After Strong First Quarter
Deutsche Telekom maintained its full-year guidance after it reported profits and core earnings for the first quarter above consensus, boosted by growth in core markets.The Wall Street Journal - World -
Ty France homers, Bryan Woo picks up his first win and the Mariners beat the Royals 4-2
Ty France homered for the second time in three games, Bryan Woo allowed one run over 5 1/3 innings for his first win, and the Seattle Mariners beat the Kansas City Royals 4-2ABC News - Sports - MLB -
Inflation Rises, but Key CPI Index Climbs Less Than Expected
The Consumer Price Index, which measures changes in the costs of household goods, rose 0.3 percent in April, a slight drop from the month before, potentially helping the case for the Fed to cut interest rates this year.Inc. - Business - Inflation -
Faisal Islam: Is the US economy doing too well?
The US economic boom has consequences for the global balance of power - and for the UK.BBC News - Top stories -
Japan's Economy Shrinks Again as Inflation Hits Consumers' Pocketbooks
The weakness of the yen currency drives up the prices of imported food and gasoline.The Wall Street Journal - World - Japan -
Cisco reports better-than-expected results even as revenue suffers steepest drop in 15 years
Cisco reported a 13% drop in revenue for the fiscal third quarter, the steepest decline since 2009. But results still topped estimates.CNBC - Business -
Erik ten Hag had a rare good day as Man United beat Newcastle. Does it really matter?
Good days have become rare for coach Erik ten Hag at Man United. He found another by beating Newcastle, but is it enough to save his job?ESPN - Sports -
Harper homers in return, Suárez improves to MLB-best 8-0 as streaking Phillies beat Mets 10-5
Bryce Harper homered, doubled and drove in three runs, Ranger Suárez became the first eight-game winner in the majors and the streaking Philadelphia Phillies defeated the New York Mets 10-5ABC News - Sports - MLB -
Makar scores 2 goals and Avalanche beat Stars 5-3 in Game 5 to stay alive in playoffs
Colorado defenseman Cale Makar scored two goals, the second after Casey Mittelstadt’s go-ahead tally in the third period and the Avalanche beat top-seeded Dallas 5-3 in Game 5ABC News - Sports - NHL -
Prosecutors paint Menendez as putting 'greed first'
NEW YORK — Prosecutors made no qualms Wednesday painting Sen. Bob Menendez (D-N.J.) as a politically powerful but corrupt lawmaker who accepted gold bars, envelopes of cash and a luxury car in exchange for his influence, where they maintained he ...The Hill - Politics -
Joan Vassos Is Announced as First ‘Golden Bachelorette’
ABC introduced a new season of the spinoff, after the ratings success of “The Golden Bachelor.”The New York Times - Lifestyle -
Axing northern leg of HS2 will stunt UK growth, says official adviser
National Infrastructure Commission warns ‘window is closing’ for ministers to ensure alternative rail capacity is builtFinancial Times - Business - United Kingdom -
China’s Shenzhen metropolis sees fastest growth in millionaires globally
In 2023 alone, Shenzhen saw a 10% growth in millionaires, while Beijing and Shanghai recorded a decline of around 5% amid an exodus of high-net-worth individuals from China.CNBC - Business - China -
Labour and Tories to raise pressure on City watchdog over growth
Concerns have risen over Financial Conduct Authority’s ability to spur competitivenessFinancial Times - World -
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EU under pressure after US levies tariffs on Chinese goods
Brussels scrambles to avoid being dragged into trade war between Washington and BeijingFinancial Times - Business - European Union -
Concerns grow for Chinese citizen journalist after supposed jail release
Zhang Zhan, jailed for reporting on Covid in Wuhan, has made no contact with outside world. Concerns are growing about the wellbeing of one of China’s most prominent citizen journalists who has failed to make contact with the outside world after ...The Guardian - World -
Mystery in the Alps: A Chinese Family, a Swiss Inn and the World's Most Expensive Weapon
Switzerland agreed to buy F-35 jet fighters to park on a remote runway. Then the U.S. zeroed in on the Wangs, who owned the rustic hotel next door.The Wall Street Journal - World -
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First impressions of Joe Milton's ‘cannon' arm at Patriots minicamp
Tom E. Curran knew Joe Milton had a strong arm, but he still left Patriots rookie minicamp blown away by the rookie quarterback's throwing ability.Yahoo Sports - Sports -
Keir Starmer unveils six election ‘first steps’ for a Labour government
Opposition leader to set out ‘downpayment on change’ with policies focused on economic stability and border controlFinancial Times - World -
Overdose Deaths Dropped in U.S. in 2023 for First Time in Five Years
Preliminary numbers show a nearly 4 percent decrease in deaths from opioids, largely fentanyl, but a rise in deaths from meth and cocaine.The New York Times - Health -
China’s biggest banks launch first sales of special loss-absorbing debt
TLAC bonds are part of push from international regulators to shore up balance sheetsFinancial Times - Business - China