Reserve Bank of New Zealand to Keep Rates at Restrictive Level
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Why the Dow Keeps Hitting New Records
The DJIA has just hit 40,000—but didn’t it just reach 30,000 three years ago? The Dow’s milestones keep coming faster and faster. WSJ’s Gunjan Banerji explains why.The Wall Street Journal - World -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business -
Justice Department moves forward with easing restrictions on marijuana
The Justice Department officially proposed a new rule on Thursday that would reclassify marijuana as a Schedule III drug.CBS News - Top stories -
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 -
Wegovy Can Keep Weight Off for at Least 4 Years, Research Shows
Users receiving weekly injections saw their weight fall, plateau, and stabilize over the course of a four-year trial—but it’s still unclear how long these effects last after stopping taking the drug.Wired - Tech -
Dead hand of the immovable Glazers keeps strangling Manchester United | Jonathan Liew
Leaky Old Trafford roof was almost a too perfect sign of neglect by owners who love the money but don’t seem to like the club. In February, the NFL players’ union carried out its second annual survey of the Tampa Bay Buccaneers, and let’s just say ...The Guardian - World - Premier League -
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 -
Ukraine says it has checked Russia's offensive in a key town, but Moscow says it will keep pushing
Military officials in Ukraine say their units locked in street battles with the Kremlin’s forces in a northeastern Ukrainian town have halted the Russian advanceABC News - World - Ukraine -
Dow Jones struggles to keep grip on 40,000 after testing milestone for first time
The Dow Jones Industrial Average traded above 40,000 for first time ever on Thursday, but was struggling to finish above that threshold.MarketWatch - Business -
Experts say coral reef bleaching near record level globally because of 'crazy' ocean heat
Scientists say temperatures that have gone “crazy haywire” hot, especially in the Atlantic, are close to making the current global coral bleaching event the worst in historyABC News - Tech -
2024 NFL schedule oddity: Chiefs deemed as 'Cowboys-level asset' after getting games on every day but Tuesday
The Chiefs play a regular-season game on six of the seven days of the weekCBS Sports - Sports - NFL -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
Britt: High maternal mortality rate 'American issue,' not Democrat or Republican
Sen. Katie Britt (R-Ala.) encouraged elected officials to work across the aisle in tackling the United States's high maternal mortality rate during a panel discussion Thursday on maternal mental health. “I think it is so important that we ...The Hill - Politics -
Dow's 40000 Milestone Builds on Rate-Cut Hopes Rally
The Dow Jones Industrial Average touched 40000 for the first time, building on a run that has pushed the three major U.S. indexes to new heights this week.The Wall Street Journal - World -
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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Boeing supplier Spirit AeroSystems lays off workers, citing lower plane delivery rates
Spirit AeroSystems makes fuselages at the plant for Boeing's bestselling 737 Max plane, deliveries of which have slowed in the wake of a door panel blowout.CNBC - Business -
There is a new twist in the TikTok tale
A ‘people’s bid’ for the app raises profound questions about how we live onlineFinancial Times - Business - Tiktok -
Activision Announces New Studio Making "All-New Franchise"
Activision, the gaming giant behind Call of Duty, has announced a new studio based in Europe--Elsewhere Entertainment--that is creating an "all-new franchise." This will be a "narrative-based IP," but the company did not confirm any further ...GameSpot - Tech -
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Trade policy is the new front in the US presidential election
Also in today’s newsletter, how Ray Dalio is thinking about the electionFinancial Times - World -
Goff cites 'security,' NTC as factors in new deal
Jared Goff noted "security" and his no-trade clause as the biggest things he valued in his contract negotiations with the Lions.ESPN - Sports -
Boebert heckled in New York while defending Trump
Rep. Lauren Boebert (R-Colo.) was heckled outside the Manhattan courthouse Thursday where she was attempting to defend former President Trump at his criminal hush money trial. As Boebert and several other Republicans broke away from a makeshift ...The Hill - Politics - New York -
Trump team still considering calling witnesses in New York trial
Donald Trump's criminal trial continues Thursday with more testimony from the former president's former lawyer Michael Cohen. Cohen is the prosecution's last witness, with the defense still considering calling additional witnesses to the stand. ...CBS News - Top stories - New York -
Harris accepts CBS News' vice presidential debate invitation
President Biden and former President Donald Trump agreed Thursday to presidential debates on June 27 and Sept. 3.CBS News - Top stories -
New Miss USA crowned after former titleholders resign amid controversy
After both Miss USA and Miss Teen USA gave up their titles earlier his month, the Miss USA Organization has crowned a successor.CBS News - Top stories