Dow Falls More Than 600 Points
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What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss ...CBS News - Top stories -
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
WNBA rookie tracker: Caitlin Clark held to 9 points as Fever fall to 0-2
We're tracking every game for one of the most anticipated rookie classes in WNBA history.ESPN - Sports - WNBA -
Were dogs to blame for woman's tragic death? Evidence points to something more sinister
A California fertility doctor said he found his wife and business partner unresponsive at the bottom of a staircase in 2016. Nearly a year later, her death was ruled a homicide by strangulation. A defense attorney suggested the family dogs may be ...CBS News - Top stories -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
‘More than capable’: Taylor backs City’s scoring ability for WSL decider
‘They can score three or four in five or six minutes’Manchester City manager upbeat before Villa showdownGareth Taylor has backed his side to score enough goals to overhaul Chelsea on the final day of the Women’s Super League season. Manchester ...The Guardian - World -
Messi wages, $20.4M, more than 25 MLS payrolls
Inter Miami forward Lionel Messi is Major League Soccer's highest paid player with a total guaranteed compensation of $20.44m.ESPN - Sports - MLS -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
Get the Chrome Bodum French press for more than 50% off
You can only find this Bodum Memorial Day coffee maker deal on Amazon.CBS News - Top stories -
Global Economy Will Grow More Than Expected, UN Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Parents overestimate sons’ maths skills more than daughters’, study finds
Gender stereotypes at home may hamper female students’ ability to progress in the classroom, research suggests. Parents are more likely to overestimate maths ability in sons than daughters, according to research that suggests that gender ...The Guardian - World -
The number of child migrants arriving in an Italian city has more than doubled, a report says
An aid group says that the number of unaccompanied children who arrived in the northern Italian city of Trieste through the Balkan migratory route has more than doubled last yearABC News - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 128 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 38.The Wall Street Journal - World - Israel -
Sony Music Group warns more than 700 companies against using its content to train AI
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.NBC News - Top stories -
4 dead as severe storms hit Houston area; hundreds of thousands lose power in Texas
Storms tore through Texas, killing at least four people and knocking out power to nearly 800,000 customers. Emergency crews have begun clearing debris and assessing flooding.NBC News - Top stories -
UK councils win power to auction off shops vacant for more than a year
Landlords face hit to their rents from scheme that seeks to deal with blight of boarded-up high streetsFinancial Times - World - United Kingdom -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
High levels of weedkiller found in more than half of sperm samples, study finds
Glyphosate found in samples from French infertility clinic raising questions about controversial chemical’s impact on fertility. More than 55% of sperm samples from a French infertility clinic contained high levels of glyphosate, the world’s most ...The Guardian - World -
Rapper Kendrick Lamar to Pay More Than $40 Million for Los Angeles Home
The deal for the roughly 16,000-square-foot Brentwood home is one of the city’s priciest so far this year.The Wall Street Journal - World -
After more than 20 years, NFL Network's Total Access shuts down
Total Access is no more.Yahoo Sports - Sports - NFL -
Trump trusted more than Biden on inflation, a top issue for voters, poll shows
Eighty-five percent of people surveyed said inflation is an important issue, and most trust Trump more than Biden to deal with it.ABC News - Top stories - Joe Biden -
As Tesla layoffs continue, here are 600 jobs the company cut in California
The latest wave of Tesla layoffs hit an array of departments, impacting factory workers, software developers and robotics engineers. Read the WARN filing here.CNBC - Business - California -
Enviable Men's Watches Under $600 (Psst: One Is Only $16)
Here are six good-looking, great-value designs.The Wall Street Journal - World -
As Tesla layoffs continue, here are 600 jobs the company cut in California
As part of Tesla’s massive restructuring, the electric-vehicle maker notified the California Employment Development Department this week that it’s cutting approximately 600 more employees at its manufacturing facilities and engineering offices ...NBC News - Top stories - California -
Average consumer carries $6,218 in credit card debt, as more borrowers are falling behind on their payments
Americans are increasingly falling behind on their credit card payments, recent reports show.CNBC - Business -
Dow passes 40,000 for first time
The Dow Jones Industrial Average eclipsed 40,000 points for the first time in its history Thursday as Wall Street cheered slowing inflation and potential for lower interest rates. The iconic stock index was up roughly 111 points shortly before 11 ...The Hill - Politics -
The Dow's road to 40,000 in one chart
The move comes as investors cheer the prospects of AI boosting corporate profits and the Federal Reserve possibly cutting rates later this year.CNBC - Business -
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.
Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in the overall category.The Wall Street Journal - World -
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Innkeepers or spies? The mystery surrounding a century-old Swiss lodge and the world's most expensive weapon.The Wall Street Journal - World -
Dogged Timberwolves force Game 7 with 45-point destruction of Nuggets
Anthony Edwards scores 27 as Wolves beat Nuggets 115-70Teams will meet in winner-take-all Game 7 on SundayAnthony Edwards scored 27 points to pull the Minnesota Timberwolves out of their mid-series slump and deliver a flawless 115-70 victory over ...The Guardian - World - NBA -
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 -
Two points in it: the fine margins that could haunt Arsenal in title battle
As the Premier League’s final day looms with Manchester City top we look at the key results and controversy that may cost Gunners. Arsenal played three games between 23 and 31 December and did not win any. At the time a 1-1 draw against Liverpool ...The Guardian - World -
Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
Dow hits 40,000 for the first time as bull market accelerates
Robust corporate profits and steady U.S. economic growth are driving stocks to record highs.CBS News - Top stories -
The Dow crosses 40,000 for the first time in history
The Dow is now up about 6% so far this year.ABC News - Top stories -
Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Dow Jones reaches 40,000 for first time
A strong labor market and cooling inflation fueled a spike in the Dow Jones industrial average that reached 40,000 for the first time. CBS News contributor J.D. Durkin breaks down the numbers.CBS News - Top stories -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - World -
Trump vs. Biden: How the Dow's Performance Compares
The Dow Jones Industrial Average’s brief move above 40000 is welcome news to a president who is facing voter malaise over the economy.The Wall Street Journal - World - Donald Trump -
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