Fed Prepares Slower Pace of Runoff for $7.4 Trillion Portfolio 'Fairly Soon'
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Soon-to-be grandparents have the most joyous, delightful reaction to baby news
A couple had the most over-the-top and ecstatic reaction to learning they were going to become grandparents.NBC News - Top stories -
Applications Open! The New York Times Illustration Portfolio Review
We’re inviting illustrators from around the world to share their work with art directors from The New York Times. Apply by June 21, 2024.The New York Times - Top stories - New York -
House GOP releases $1.5 trillion farm bill proposal as clock ticks
House Agriculture Chair Glenn Thompson (R-Pa.) unveiled his long-awaited farm bill, teeing up the process of wedding the two chambers’ competing visions for the $1.5 trillion package underpinning the U.S. agriculture system. The committee is set ...The Hill - Politics -
U.K.’s largest property developer says office tap-ins up 18%
Higher interest rates knocked £625 million off the value of Landsec’s office portfolioMarketWatch - Business -
New blood test for strokes could help tackle a $2 trillion problem, researchers say
A new blood test can quickly detect a particularly severe type of stroke, according to new research published Friday, dramatically improving patients’ odds of getting lifesaving treatment before it’s too late.MarketWatch - Business -
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 -
The Fed's Miracle Is Finally Back on the Table
Inflation is lower after months of hot readings, and investors love it.Inc. - Business -
Schauffele gets another major scoring record and sets the pace at PGA Championship
Xander Schauffele has set the PGA Championship record with a 62ABC News - Sports -
Top London landlord says return to the office is gathering pace
Landsec says number of people entering its offices has climbed almost a fifthFinancial Times - Business -
Dollar Strengthens Amid Hawkish Fed, Dovish BoJ
The WSJ Dollar Index rises slightly as Fed officials pushed back against the idea that recent soft U.S. economic indicators make interest rate cuts this summer more likely.The Wall Street Journal - World -
Fed’s Powell tests positive for COVID-19 for second time
Federal Reserve Chairman Jerome Powell contracted COVID-19 for the second time and is working from home while he recovers, the Fed said Friday.MarketWatch - Business -
South Africa tells UN world court Israel's 'genocide has continued at pace and has reached a new and horrific stage'
South Africa tells UN world court Israel's 'genocide has continued at pace and has reached a new and horrific stage'ABC News - World -
Reddit shares surge on OpenAI ChatGPT deal, on pace for biggest gain since March
Shares of Reddit Inc. soared 15.3% Friday, lifted by the company’s deal with OpenAI, putting the stock on pace for its biggest gain since March 25, 2024, when it rose 30% Dow Jones Market Data show.MarketWatch - Business -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business