Oil Slips as Prospects of Delayed Rate Cuts in the U.S. Counter Middle East Fears
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Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Middle East Crisis: Israel Recovers the Bodies of Three Hostages Taken on Oct. 7
The three were attending the Tribe of Nova trance music festival when they disappeared. Their bodies were found by the Israeli military during an overnight operation.The New York Times - World - Israel -
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Gold Prices Rise as U.S. Inflation Data Boosts Rate Cut Hopes
Gold rose on renewed hopes for Federal Reserve interest-rate cuts, after U.S. inflation eased slightly in April in line with expectations.The Wall Street Journal - World -
Middle East Crisis: Israel Says It Will Send More Troops to Rafah, Defying International Pressure
“This operation will continue,” the defense minister said after meeting with commanders in the area.The New York Times - World - Israel -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
The salary you need to be considered middle class in every U.S. state—it's close to $200,000 in 2 of them
In several states, a six-figure income qualifies as 'middle class,' per GoBankingRate's analysis. Here are the middle-class income ranges for every state.CNBC - Business -
Dow Closes Below 40000 After Hitting Milestone
The Dow Jones Industrial Average crossed 40000 for the first time before pulling back to finish the day with a loss of around 0.1%. The S&P 500 and Nasdaq Composite also retreated.The Wall Street Journal - 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 -
Grant's Take: Retail Sales Don't Point to Rate Cut Just Yet
Walmart earnings give a different signal than what the latest Commerce Department data delivered.The Wall Street Journal - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
China to cut mortgage rates as part of plan to prop up property market
Local authorities will be allowed to turn unsold homes from developers into affordable housing. China will cut mortgage rates and allow local authorities to turn unsold homes from developers into affordable housing, in a series of drastic measures ...The Guardian - World - China -
Dow Edges Higher at the Open After 40000 Milestone
Stocks rose slightly after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
BoE needs more evidence of price pressures easing before cutting rates, says policymaker
Megan Greene believes ‘burden of proof’ must lie in inflation waning before Bank of England loosens stanceFinancial Times - Business -
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Wildfires rage in Canada’s oil hub
Blazes put more than 2mn barrels a day of supply at risk amid geopolitical tensions in Middle East and RussiaFinancial Times - World -
Why College Football Playoff should hold steady as NFL sends a clear message with counter-scheduling
The NFL sent a warning shot to college football with its schedule release on WednesdayCBS Sports - Sports - NFL -
Lawyers deal with heightened geopolitical fears among clients
Conflict-driven risks rise up agenda at Asia-Pacific law firmsFinancial Times - World -
Synagogue Arson Attempt Fuels Antisemitism Fears in France
Police shot and killed an armed suspect who was attempting to set fire to a synagogue in the northwest of the country.The Wall Street Journal - World -
‘Grand Theft Auto VI’ won’t come until fall 2025, and Take-Two shares slip
Shares of videogame maker Take-Two-Interactive Software Inc. fell 2% in after-hours trading Thursday after the company said its highly anticipated “Grate Theft Auto VI” game won’t be released until fall 2025, and lowered its bookings forecast for ...MarketWatch - Business -
Rescued Rangers: Kreider lifts N.Y. to East final
Chris Kreider had a third-period hat trick to help New York erase a two-goal deficit and beat Carolina 5-3 in Game 6 on Thursday night.ESPN - Sports -
Lawmakers Fear a Wave of Election Threats Tied to the Rise of Generative AI
Some small businesses are stepping up to help protect ballot boxes and preserve faith in the electoral process.Inc. - Business -
Fico shooting could trigger media crackdown in Slovakia, editors fear
Journalists voice concern after senior figures from ruling coalition blame independent outlets and opposition parties for incident. Slovakia PM shooting – latest updatesJournalists in Slovakia fear the attempted assassination of the country’s ...The Guardian - World -
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 -
Deadly Clashes in New Caledonia Raise Fears of Civil War
France has sent troops to quell violence in New Caledonia, where Paris is seen as backtracking on promises of self-determination.The New York Times - World -
Neuralink's first brain implant patient feared device would have to be removed
Noland Arbaugh, who is paralyzed from the shoulders down, became the first human patient to receive the Neuralink device in January.ABC News - Top stories