Leading index for U.S. economy retreats again after first increase in two years
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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 Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.
The Dow crossed 40000 for the first time, a milestone that appeared implausible a little more than two years ago when the Fed began raising interest rates to cool an overheated economy.The Wall Street Journal - World -
Japanese Yen Expected to Remain Weak Near Term
The Japanese yen remains weak despite the Bank of Japan’s initial normalization of monetary policy, said FX strategists at Natixis Research.The Wall Street Journal - World - Japan -
Technology stocks are once again leading the way in 2024. Why these ETFs tell a different story.
U.S. stocks are rallying in 2024, but some of the most popular ETFs tracking key sectors haven’t kept pace, leading to significant gaps between their returns and the indexes they are designed to mirror.MarketWatch - Business -
Deere’s stock slides after agriculture equipment maker again lowers guidance
Deere & Co. Inc.’s stock tumbled 3.5% early Thursday, after the maker of agricultural and construction machinery posted better-than-expected earnings for its fiscal second quarter but offered guidance that fell short of estimates.MarketWatch - Business -
He Brought Two Toothbrush Kits on Their First Date
Bryan Braswell knew crab curry could get a little messy on his first date with Caroline White at a Sri Lankan restaurant. So he came prepared.The New York Times - Lifestyle -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
Citron Research’s Andrew Left says he is shorting GameStop again after his 2021 short flopped
The short seller said he has started betting against GameStop this week after its share price surged on excitement over social media posts by Roaring KittyMarketWatch - Business -
Grandparents deny murdering two-year-old
The grandparents of a two-year-old that died have denied the murder charges.BBC News - Top stories -
Ukraine's president signs two laws to enable prisoners to join the army's ranks and to increase fines for draft dodgers
Ukraine's president signs two laws to enable prisoners to join the army's ranks and to increase fines for draft dodgersABC News - World - Ukraine -
Frelund projects 49ers to lead NFC in wins after 2024 schedule release
NFL Network’s Analytics Expert Cynthia Frelund projects for the 49ers to remain a NFC juggernaut.Yahoo Sports - Sports - NFL -
This Commodity Tells a Story About the Entire Economy and It's Bullish
Copper prices have gone parabolic this year as traders bet on economic growth and AI.Inc. - Business -
Is OpenAI’s superalignment team dead in the water after two key departures?
We've reached out to OpenAI contacts to ask about what will become of the superalignment team and will update when we hear back.VentureBeat - Tech -
Imola paddock diary: Vettel leads Senna tribute as F1 returns after 2023 floods
F1, F2 and F3 drivers all lined up to pay tribute to Roland Ratzenberger and Ayrton Senna at Imola, as Max Verstappen looks to defend his title.ESPN - Sports -
Jaguars sign former Steelers first-round pick, two other veterans before start of OTAs
These three will now begin the task of trying to make Jacksonville's 53-man rosterCBS Sports - Sports - NFL -
Why The Mirage is closing after 34 years
The Mirage Hotel and Casino is closing on the Las Vegas Strip after it was acquired by Hard Rock in 2022.ABC News - Top stories -
U.S. military says trucks have started bringing aid into Gaza over American-constructed pier
Trucks carrying humanitarian aid began moving ashore into Gaza Friday using a temporary pier built by the United States, delivering desperately needed supplies to the besieged Palestinian enclave.NBC News - Top stories -
What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss ...CBS News - Top stories -
'UnStuck' Review: Stuckey's, Back on the Road Again
For cheap gas, hot dogs, pecan rolls and Davy Crockett hats, Stuckey’s was a familiar waystation on midcentury car trips. Can it be revived?The Wall Street Journal - World -
X factor: Schauffele (62) again ties major mark
Xander Schauffele broke the PGA Championship scoring record and tied the mark for any major, seizing on the rain-softened conditions at Valhalla with a 9-under 62 to set the early target.ESPN - Sports -
HMRC warned again on poor customer service
Extra government funding for tax authority is not enough, say expertsFinancial Times - World -
Retailers' Shelves Are Attractive Again. At Least for Skechers.
Footwear and apparel brand Skechers USA is getting a boost from its retail partner sales after more than a year of sluggish results in that category.The Wall Street Journal - World -
PIGS Are Flying Again. Can they Stay Aloft?
Portugal, Italy, Greece and Spain are now doing better than Germany and France, in a surprising reversal of post-2011 fortunes in the eurozone. But much of it might be catch-up growth.The Wall Street Journal - World -
Caitlin Clark humbled, again, in Fever home opener
The No. 1 pick coughed up 10 turnovers in her league debut Tuesday, then made just two shots in her home opener for the Indiana Fever vs. another WNBA power.Yahoo Sports - Sports -
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 -
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Algerian man found alive in cellar after 26 years
Officials have arrested a 61-year-old man suspected of keeping him prisoner.BBC News - Top stories -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Middle East Crisis: First Supplies Enter Gaza Through Pier Built by U.S. Military
It is the first humanitarian aid in months to be sent to the territory by sea. Pentagon officials said that no U.S. troops entered Gaza.The New York Times - World -
USC paid nearly $20 million in Lincoln Riley's first season after poaching coach from Oklahoma, per report
The Trojans paid a king's ransom for the splash hireCBS Sports - Sports -
Dow Jones trades above 40,000 for first time, but fails to achieve milestone
The Dow Jones Industrial Average trades above 40,000 for first time ever on Thursday, but fails to finish above the milestone.MarketWatch - Business -
AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
My first bet: The lines we love immediately after the NFL schedule release
Which lines are bettors looking at immediately after the NFL schedule release?ESPN - Sports - NFL -
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 -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Fed’s Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.MarketWatch - Business -
Teen trafficked into U.S. rescued after texting 911, describing area
Information provided by the teenager allowed deputies to launch a search and locate her in minutes.CBS News - Top stories -
Our adviser put 50% of our holdings in individual stocks, but now we fear a big tax hit by switching to index funds
Changing investment strategies midstream can lead to significant capital gains when you sell.MarketWatch - Business