Inflation ticked higher in March as incomes, spending rose
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Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
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Tick season has arrived. Protect yourself with these tips
Tick season is starting across the U.S., and experts are warning the bloodsuckers may be as plentiful as everABC News - Health -
We'll need universal basic income - AI 'godfather'
Geoffrey Hinton, known as the godfather of AI, said the technology could leave many without jobs.BBC News - Top stories -
Thousands join pro-Palestinian march in London
Demonstrators reiterated calls for a ceasefire in the Israel-Gaza conflict during the protest.BBC News - Top stories -
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Lowry, Rose & MacIntyre move into US PGA contention
Shane Lowry shoots a major record-equalling 62 to move two shots behind joint leaders Collin Morikawa and Xander Schauffele in round three of the US PGA Championship in Kentucky.BBC News - Top stories -
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 -
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 -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Higher education is failing — and our democracy is suffering
Educators must grapple anew with the question of how to teach democracy, so that students master both the theory and the hands-on practice of it.The Hill - Politics -
Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Walmart surges to all-time high as earnings beat on high-income shopper, e-commerce gains
Walmart, the nation's largest retailer and private employer, is often seen as a bellwether for the U.S. economy and saw sales jump 6% in the quarter.CNBC - Business -
Lionel Messi’s $20.4m Inter Miami income exceeds payrolls of all but four MLS teams
Miami lead MLS in payroll with $41.7 on salariesArgentinian also has estimated endorsements of $70mLionel Messi’s annualized pay from his MLS contract with Inter Miami is just over $20.4m in his first full season, exceeding the payrolls of all but ...The Guardian - World - MLS -
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 -
Defending champion Rose Zhang withdraws during Round 1 of Mizuho Americas Open
Zhang had completed three holes before she made the decision to withdraw.Yahoo Sports - Sports -
Rose Zhang withdraws from this week's LPGA tournament because of illness after playing three holes
Defending champion Rose Zhang withdrew from the Mizuho Americas Open because of illness after completing only three holes of the opening roundABC News - Sports -
LPGA monitoring after 10 golfers, including Rose Zhang, withdraw from Mizuho Americas Open
Rose Zhang was one of seven golfers who withdrew from the tournament due to an illness.Yahoo Sports - Sports -
Honduran city’s air pollution is almost 50 times higher than WHO guidelines
San Pedro Sula is rated ‘dangerous’ as effects of forest fires, El Niño and the climate crisis cause a spike in respiratory illnesses. The air quality in San Pedro Sula, the second-largest city in Honduras, as been classified as the most polluted ...The Guardian - World -
New spending fight emerges
Business & Economy The Big Story McConnell and Democrats on collision course over spending Senate Republicans are on a collision course with Democrats over government funding, as the latter insists nondefense spending programs receive equal ...The Hill - Politics -
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.
The Dow closed above 40000 for the first time, a day after eclipsing the mark on an intraday basis. For the week, the Dow, S&P 500 and Nasdaq rose 1.2%, 1.5% and 2.1%, respectively, and all remain at or near records hit during the week.The Wall Street Journal - World -
How much money the U.S. spends on war
American military spending reached $916 billion in 2023, which accounts for more than a third of the world's total military expenditure.CNBC - Business -
With Ukraine Funded, New Fight Emerges in Congress Over Pentagon Spending
Mitch McConnell and other top Republicans want more federal money for the military. But Democrats say domestic programs must get an equivalent boost.The New York Times - Top stories - Ukraine -
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McConnell, Collins on collision course with Democrats over spending parity
Senate Republicans are on a collision course with Democrats who are insisting that nondefense spending programs receive equal treatment with defense programs. Senate Republican Leader Mitch McConnell (Ky.) says he won’t accept Democrats’ demand to ...The Hill - Politics -
Is Hunt right that Labour’s spending plans would leave a £38bn black hole?
Labour criticises a dossier released by the Conservatives that adds up how much their spending commitments would cost.BBC News - Top stories