Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
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The New York Times - Top stories
At Emotional Event With Oprah, Kamala Harris Hits Core Campaign Themes
Vice President Kamala Harris spoke off the cuff, as guests included a teenager shot at her school and the family of a woman in Georgia who died as a result of the state’s abortion ban.29 minutes ago - Kamala Harris -
MarketWatch - Business
Oil on track for weekly gains after Fed rate cut, rising Middle East tensions
Oil futures were on track for solid weekly gains, boosted by the Federal Reserve’s large rate cut and a renewed rise in tensions in the Middle East.50 minutes ago - Federal Reserve -
ABC News - Tech
Titan submersible testimony to enter fourth day after panel hears of malfunction and discord
Another mission specialist who worked with the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage is scheduled to testify before a U.S. Coast ...55 minutes ago -
MarketWatch - Business
A huge NASA contract has sent Intuitive Machines’ stock skyrocketing. This analyst sees even more upside.
Intuitive Machines is “the leading beneficiary of NASA’s lunar commercialization efforts,” says B. Riley Securities analyst Mike Crawford.1 hour ago -
Financial Times - Business
How sabotaged devices brought days of chaos to Lebanon
Shock, strange injuries and a powerful militant group in disarray: the impact of thousands of pager and walkie-talkie blasts2 hours ago -
CNBC - Business
Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance
Mercedes shares fell more than 8% Friday after the German carmaker cut its 2024 guidance on the back of weaker demand from China.2 hours ago -
Financial Times - World
BoJ holds interest rates and upgrades consumption outlook
Central bank forecasts Japanese economy will keep growing at a pace above its potential growth rate2 hours ago -
Financial Times - World
FirstFT: Wall Street titan John Paulson defends Trump’s tariff talk
Also in today’s newsletter, S&P 500 hits record high and Amazon’s crackdown on remote work2 hours ago -
Financial Times - Business
Why half of voters think Labour has done a poor job so far
Dodgy donations, infrastructure challenges and anticipation of October’s ‘painful’ Budget weigh on party’s approval ratings4 hours ago -
MarketWatch - Business
Mercedes-Benz cuts guidance on slump in China’s economy
Mercedes-Benz shares fell 8% on Friday morning as the company cut its guidance for the second time since July4 hours ago - China -
Wired - Tech
Big Tech’s New Adversaries in Europe
For the past five years, Big Tech has faced a flurry of new rules and reprimands from Brussels. Now with a new team taking over the European Commission, relations may be entering a new era.4 hours ago -
CNBC - Business
Japan's Nikkei leads gains in Asia Pacific after Wall Street soars; BOJ and PBOC hold rates
Traders in Asia also look toward August consumer prices index from Japan and Hong Kong, and central bank decisions from Bank of Japan and People's Bank of China.4 hours ago - Japan -
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BBC News - Top stories
Trans woman killed in Georgia day after anti-LGBT law passed
Activists said Kesaria Abramidze had been a "trailblazing" transgender leader in the South Caucasus country.5 hours ago -
CNBC - Business
China unexpectedly leaves benchmark lending rates unchanged after Fed’s jumbo cut
The People's Bank of China (PBOC) said it would keep the one-year loan prime rate (LPR) at 3.35%, as well as the five-year LPR at 3.85%.6 hours ago - China -
Financial Times - World
UK government borrows more than expected in August
Net debt hits 100% of GDP in blow to chancellor Rachel Reeves ahead of Budget6 hours ago - United Kingdom -
BBC News - Top stories
Israel says 100 Hezbollah rocket launchers hit in Lebanon
Extensive Israeli air strikes come after Hezbollah vowed to retaliate over deadly exploding device attacks blamed on Israel.6 hours ago - Israel -
CNBC - Business
Bank of Japan keeps key interest rate steady as it treads cautiously on normalizing policy
The decision came as the central bank seeks to wean its economy off the long-held ultra-easy monetary policy and curb the yen's slide against the U.S. dollar.7 hours ago -
Financial Times - World
Immigration and job creation
The labour market is softer than it appears7 hours ago -
Financial Times - World
Three big investment questions I’m asking now — and so should you
As the fourth quarter looms, portfolio risk, US equities and China are all that matters8 hours ago -
Financial Times - Business
Amazon says workers need to be in the office. Most of Silicon Valley disagrees.
Chief executive Andy Jassy brushes off disgruntled staff with tough five-day office mandate8 hours ago -
Financial Times - World
Lammy seeks emergency boost to aid cash to offset cost of migrant hotels
Foreign secretary fears domestic drain on development funding will hinder efforts to project UK on global stage9 hours ago -
Financial Times - Business
Record Indian imports help drive gold rally
Late July tariff cuts boost domestic demand for gold jewellery and bars9 hours ago -
The New York Times - Business
Stocks Hit Record High a Day After Fed’s Big Interest Rate Cut
The S&P 500 rose 1.7 percent on Thursday, rallying a day after the Federal Reserve cut interest rates by half a percentage point.15 hours ago -
The New York Times - Lifestyle
Junk Food, High Art
Noah Verrier’s oil painting of an Uncrustables sandwich sold for $4,999. It looks delicious.2 days ago -
The New York Times - Lifestyle
Phaedra Parks’s Sons Gave Her a Diamond Bracelet for Mother’s Day
Currently in “Dancing With the Stars,” the reality television star wears an extravagant Mother’s Day gift — one she proudly helped pay for.3 days ago