German consumers pay more for energy than before Ukraine war
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Lenders Are Seeing a Bottom for Consumers
The anticipated return to normal for credit trends may bode well for spending.The Wall Street Journal - World -
Bank of England expected to wait for more evidence that inflation is under control before rate cut
The Bank of England is expected to maintain interest rates at a 16-year high of 5.25% Thursday, but a cut wouldn’t be a huge surprise as inflation falls from multi-decade highsABC News - World -
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U.S. crude oil recovers losses after surprise stockpile decline
Oil prices have fallen 8% since April highs, but Morgan Stanley sees a tighter market heading into summer driving season.CNBC - Business -
Reddit Stock Surges After Active Users Jump More Than Expected
Reddit posted higher revenue and a wider loss for the first quarter, as IPO-related costs weighed heavily on the social-media company.The Wall Street Journal - World -
1 in 24 NYC residents is a millionaire, more than any other city
If it feels like everyone in New York City is richer than you, it might be because they probably are.CBS News - Top stories -
China’s exports return to growth as Beijing prioritises high-tech manufacturing
Xi Jinping’s trade and industrial policy has drawn accusations of dumping from the US and EuropeFinancial Times - World - China -
Applebee’s and IHOP parent suffers rare profit miss as consumers remain cautious
Stock falls premarket as same-restaurant sales for both Applebee’s and IHOP chains fell more than expected.MarketWatch - Business -
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‘Wembley 2.0 dream is over’: German media react to Bayern’s dramatic defeat
Bild reflects on ‘bitter defeat’ caused by late ‘double shock’Tuchel’s selection questioned and comparison drawn to 1999 Germany mourned dashed hopes for an all-German Champions League final after Bayern Munich’s calamitous 2-1 defeat at Real ...The Guardian - World - Germany -
Russia-Ukraine war live: UK to expel Russian defence attache, who it claims is ‘undeclared military intelligence officer’
Several Russian diplomatic premises that UK believes have been used by Russian intelligence also closed. The Kremlin also said that it valued its relations with North Korea, when asked about a report that Russia has been shipping refined petroleum ...The Guardian - World - Russia -
Russia-Ukraine war live: Putin accuses ‘arrogant’ west of risking global conflict and says his forces are at ‘combat readiness’
Vladimir Putin marks second world war Victory Day as relations with west spiral towards crisis. South Korea’s position remains it will not supply lethal weapons to any country, president Yoon Suk Yeol said on Thursday, when asked if Seoul was ...The Guardian - World -
More than 321,000 children lost a parent to overdose from 2011 to 2021: Study
A new study estimates than more than 321,000 children lost a parent to drug overdose between 2011 and 2021 with the rate of deaths more than doubling in that time frame. The study published in the JAMA Psychiatry medical journal found that an ...The Hill - Politics -
The federal government can do more about home costs than you think
The cost to buy a home is historically high, but Congress and the administration can do much more, experts say.CBS News - Top stories