Dr. Martens’ profit warning highlights U.S. consumer confidence challenge
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Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Walmart may just be a pit stop for high-income consumers.CNBC - Business -
Consumer confidence still below pre-pandemic levels despite economic rebound
Public mood in advanced countries remains low as cost of living crisis keeps households under pressureFinancial Times - Business -
Lando Norris confident McLaren will challenge Red Bull after maiden win
Emilia Romagna Grand Prix is the first race since Miami triumph‘I think we are the third-best team behind Red Bull and Ferrari’Lando Norris returns to racing after his first Formula One win confident he and his McLaren team are in a position to ...The Guardian - World -
US Supreme Court rejects challenge to top consumer finance agency
Case had questioned the constitutionality of financing for the Consumer Financial Protection BureauFinancial Times - Business -
Democrats cheer after Supreme Court rejects challenge to consumer bureau
Democrats and financial industry critics celebrated Wednesday after the Supreme Court rejected a challenge to the Consumer Financial Protection Bureau's (CFPB) funding structure. “The United States Supreme Court follow the law, and the CFPB is ...The Hill - Politics -
Warren celebrates CFPB win at Supreme Court, warns of more challenges
Sen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP challenge to the Consumer Financial Protection Bureau’s (CFPB) funding structure. “The United States Supreme Court followed the law, and the CFPB is ...The Hill - Politics -
Canada wildfires prompt U.S. air quality warnings
Canada is battling several wildfires that are prompting air quality concerns in the U.S. Dr. Alice Chen, a primary care physician, joins CBS News with more details on the health risks that come with raging wildfires.CBS News - Top stories -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.
The Supreme Court rejected a conservative-backed challenge that could have dismantled the Consumer Financial Protection Bureau.The Wall Street Journal - World -
U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.
U.S. officials privately warned telecommunications companies that undersea cables that carry internet traffic across the Pacific Ocean could be vulnerable to tampering by Chinese repair ships.The Wall Street Journal - World -
Ryanair Announces Buyback as Profits Jump
The low-cost carrier will buy back $761 million worth of shares after its core earnings for the fiscal year rose 34%, and said it expected passenger numbers to increase depending on how well Boeing handles its delivery delays.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
Edwards confident in Wolves: 'We're a great team'
Anthony Edwards was confident in the Timberwolves' chances in Game 7, saying the Nuggets are a great team but "we feel like we're the better team."ESPN - Sports -
The crisis of confidence in higher education will not end with the student protests
Even as student protesters take down their encampments and go home for the summer, colleges and universities are left with much work to do if they are to regain the public’s trust in higher education.The Hill - Politics -
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DR Congo army says it has thwarted attempted coup
The Democratic Republic Congo army said they have stopped an attempted coup involving Congolese and foreign soldiers.BBC News - Top stories -
When We Lost Challenger
Our secretary burst into the room, crying. ‘It blew up,’ she got out.The Wall Street Journal - World -
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 -
Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Microsoft highlights 'Copilot+' PCs ahead of developer conference
Microsoft said on Monday it would launch a new category of personal computer capable of handling more artificial-intelligence tasks without calling on cloud data centers.NBC News - Top stories - Microsoft -
C.D.C. Warns of a Resurgence of Mpox
A deadlier version of the infectious disease is ravaging the Democratic Republic of Congo, while the type that caused a 2022 outbreak among gay and bisexual men is regaining strength.The New York Times - World -
Columbia Faculty Group Passes No-Confidence Resolution Against President
Hundreds of professors at the university weighed in on the resolution, which said the president, Nemat Shafik, had committed an “unprecedented assault on student’s rights.”The New York Times - Top stories -
Columbia faculty group passes no-confidence measure on school's president
Columbia University’s Faculty of Arts and Sciences approved a vote of no confidence Thursday against university President Minouche Shafik over her handling of the recent pro-Palestinian protests on campus. The vote, organized by the school’s ...The Hill - Politics -
As Edwin Diaz struggles with confidence, Mets mull closer's role
Carlos Mendoza said the Mets will "stay the course" with Edwin Diaz at closer during his struggles, but didn't rule out moving him out of the ninth-inning role as Diaz admits his confidence is low.Yahoo Sports - Sports - MLB -
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GTA 6 Boss "Highly Confident" In Fall 2025 Release Window
Take-Two recently announced that Grand Theft Auto VI is now targeting a release in Fall 2025, and CEO Strauss Zelnick is pretty sure the game will make it out on time.. "There is slippage in the industry, and we're not immune from that. However, ...GameSpot - Tech -
Consumer bureau case divides SCOTUS conservatives
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Conservative justices split on CFPB ruling The Supreme Court’s most conservative justices were divided this week over a decision to ...The Hill - Politics -
Corporate insiders at these companies are telling us that consumers are cruising
Executive and director buying supports these 9 travel, gaming and recreational boat stocks.MarketWatch - Business -
AI companies seek big profits from ‘small’ language models
Microsoft, Meta and Google have released new versions with fewer ‘parameters’ that are cheaper to build and trainFinancial Times - Business - Artificial Intelligence -
Nvidia’s rivals take aim at its software dominance
OpenAI-led push for an alternative to Cuda seeks to break chipmaker’s stranglehold on AI marketFinancial Times - Business -
AstraZeneca's Revenue Target Signals Pipeline Momentum
AstraZeneca’s 2030 revenue target boosted by investment in 20 new drugs shows clear pipeline momentum, Citi said.The Wall Street Journal - World -
Why von der Leyen doesn’t want to join the US in a trade war with China
Also in this newsletter: is Austria’s top green politician a compulsive liar?Financial Times - World - China -
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TL;DR? ElevenLabs now lets you add voiceover narration to your website
The new Audio Native embeddable audio player automatically narrates web page content via ElevenLab's text-to-speech technology.VentureBeat - Tech -
Putin’s China Visit Highlights Military Ties That Worry the West
The Russian leader visited an institute in Harbin known for defense research. President Xi Jinping saw him off with a rare and seemingly deliberate embrace for the cameras.The New York Times - World - China -
Reddit-OpenAI deal highlights demand for social-media platform’s data
Reddit already has a longstanding partnership with Google, and more deals may be in the pipeline, says Deutsche Bank.MarketWatch - Business -
FT executive education rankings highlight comeback of online learning
New short-course tables show some reversal of post-Covid insistence on in-person trainingFinancial Times - Business -
Supreme Court Rejects Challenge to CFPB Funding
A decision against the agency, the Consumer Financial Protection Bureau, could have cast doubt on all of its regulations and enforcement actions.The New York Times - Top stories -
Murray beaten at ATP Challenger event in Bordeaux
Andy Murray is beaten 6-4 6-2 as he is knocked out of a clay-court ATP Challenger event in Bordeaux by Gregoire Barrere.BBC News - Top stories