German Inflation Fell to Near Three Year Low Ahead of ECB Meeting
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Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years
Canadian inflation eased last month, resuming its decline to advance at the slowest pace in three years and leaving open the door for interest rates to be cut before summer.The Wall Street Journal - World -
Samsung Frame TVs are as low as $798 ahead of Memorial Day
Don't miss these price cuts on older models of the reader-favorite Frame TV as part of Walmart's clearance deals.CBS News - Top stories -
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 -
German council approves a revised plan by Tesla to expand its plant near Berlin
A local council in Germany has approved a plan by electric carmaker Tesla to expand the grounds of its first plant in Europe, a proposal which has drawn persistent protests this yearABC News - World - Germany -
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113-year-old tower in Death Valley National Park felled by traveler trying to get vehicle out of mud
A historic wooden tower was inadvertently felled by a traveler who used it to winch a vehicle stuck in mud in California's Death Valley National Park, federal officials said.NBC News - Top stories -
Homes evacuated in Italy after strongest quake in 40 years near supervolcano
Cracks form in buildings after 150 quakes follow 4.4-magnitude tremor around Campi Flegrei near Naples. Homes were evacuated and many people slept in their cars or on the street after the strongest earthquake in 40 years shook the area around the ...The Guardian - World -
Three years after the US exit, Afghanistan still needs our help
The U.S. took its eye off the Afghan ball before, with tragic consequences.The Hill - Politics -
Rates should be cut to 3.5% by end of 2025, IMF says
The international body upgrades its UK growth forecast and says rates could fall to 4.5% by the end of 2024.BBC News - Top stories -
Lowe’s stock rises after retailer tops earnings estimates and backs full-year guidance
Lowe’s Cos. Inc.’s stock rose 2.2% premarket Tuesday, after the home-improvement retailer posted better-than-expected first-quarter earnings as a decline in big ticket spending was partially offset by positive performance in Pro and online.MarketWatch - Business -
Imprisoned Oregon man charged in deaths of three women found in Portland area last year
An imprisoned Oregon man was indicted Friday in connection with the deaths of three women whose bodies were found “under suspicious circumstances” last year in the Portland area, authorities announced Friday.NBC News - Top stories -
Liverpool confirm Arne Slot replacing Klopp as head coach on three-year deal
Slot joins from Feyenoord, where he won two trophiesHe is understood to be keen to work with Darwin NúñezLiverpool have confirmed the appointment of Arne Slot as their head coach 24 hours after Jürgen Klopp bade farewell to Anfield.. Liverpool ...The Guardian - World -
Super Mario RPG Gets Huge Discount Ahead Of Paper Mario: The Thousand-Year Door's Launch Next Week
Super Mario RPG for Nintendo Switch is on sale for a low price at Amazon and Walmart. You can grab a physical copy of the beloved turn-based RPG for only $43 at Amazon and Walmart. This is the lowest price we've seen at a major retailer since the ...GameSpot - Tech -
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 -
High debt levels put Europe at risk of ‘adverse shocks’, ECB warns
‘Fiscal slippage’ leaves countries vulnerable to geopolitical tensions and higher interest rates, says central bankFinancial Times - World -
ECB's Schnabel Says Second Rate Cut in July 'Does Not Seem Warranted'
The European Central Bank should move cautiously after delivering a first rate cut in June, a member of its executive board said in an interview.The Wall Street Journal - World -
ECB’s Schnabel lobbies against back-to-back rate cuts
European Central Bank board member Isabel Schnabel pushed back on the idea of back-to-back interest rate cuts, saying inflation risks are still tilted to the upside.MarketWatch - Business -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
Funeral for boy, 5, who fell from block of flats
"Beautiful and caring" Aalim Makail, who died on Thursday, was buried at a local mosque on Saturday.BBC News - Top stories -
Macy’s stock rises as sales beat views, thanks to Bloomingdale’s and Bluemercury
Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.MarketWatch - Business -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
Senate GOP fears Trump setting bar too low for Biden
Senate Republicans say former President Trump is making a mistake in setting too-low expectations for President Biden at their initial debate next month as he argues his successor at the White House “can’t put two sentences together.” They say ...The Hill - Politics - Joe Biden -
Cost of diabetes, obesity drugs often out of reach for low-income patients
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.CBS News - Top stories -
Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects
The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.CNBC - Business -
The Breakdown | Dupont, Lowe and other stars align for dazzling Champions Cup final
Big is not always beautiful but no European clubs currently have the talent and pulling power of Leinster and Toulouse. Occasionally in sport the planets align. The two best golfers in the world teeing off together in the final round of an Open ...The Guardian - World -
Lowe's Earnings Top Forecasts; Big-Ticket Spending Stays Weak
Do-it-yourself customers, who make up about 75% of Lowe’s customer base, cut back on higher-priced discretionary purchases.The Wall Street Journal - World -
Can Science Leave Room for a Near-Death Experience?
There’s no evidence for the soul, they say.The Wall Street Journal - World -
Markets underestimate geopolitical risk as raft of elections looms, ECB's De Guindos says
The European Central Bank's Financial Stability Report said that interest rate expectations have created the "potential for outsized market reactions."CNBC - Business -
Ireland’s push to shore up share of ECB staff triggers call for nationality quotas
Union hits at warning by bank’s chief economist that retirement wave risks diluting Ireland’s presenceFinancial Times - World -
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German group accused of plotting coup go on trial
The group believed that Queen Elizabeth II's death might have been a secret signal to act.BBC News - Top stories - Germany -
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My summer of love and lust: I fell for a Ukrainian rocker – but was I just a groupie?
For one memorable season in the 90s, I travelled with a group called Colney Hatch. It gave me a fleeting but fascinating window into the treatment of women who are ‘with the band’. ‘Everyone knows you would do absolutely anything for him. You can ...The Guardian - World - Ukraine -
Georgia QB Jaden Rashada sues Florida coach Billy Napier and booster over NIL deal that fell apart in 2022
Rashada was allegedly promised over $13 million to sign with the Gators out of high school.Yahoo Sports - Sports - Florida -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories