Subsidy race with US and China would harm Europe’s ailing economy, IMF warns
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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 -
Opponents Will Use AI to Mess With Election, Officials Warn
Foreign foes will harness the technology to influence the vote, officials warn theSenate Intelligence Committee.Inc. - Business -
FirstFT: Tesla faces difficult task to win shareholder vote, chair warns
Also in today’s newsletter, the threat to oil from Canadian wildfires and British firm loses $25mn in deepfake scamFinancial Times - World - Tesla -
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 -
Insurer warns owners of ‘Saltburn effect’ from using stately homes for filming
Owners of historic buildings used in likes of Bridgerton warned of potential damage to possessions and reputations. When the owner of Drayton House in Northamptonshire was approached to allow his 127-room mansion to be the location of a film ...The Guardian - World -
Pier opens for Gaza aid as US warns of ‘imminent famine’
Humanitarian groups say US maritime initiative is insufficient amid acute food shortagesFinancial Times - Business -
The US has approved more flights for China, but the real winner is Russia
While it is certainly understandable that the Biden administration wishes to reestablish the bilateral services agreement with China, there is a better way to do so.The Hill - Politics - China -
Microsoft Asks Some China Staff to Relocate Amid Sino-US Tensions
The group of mostly Chinese nationals work on cloud computing and machine learning, which are now flashpoints in the growing U.S.-China rivalry.Inc. - Business - China -
The right US-China policy prioritizes collaboration despite competition
Conflict and hostility currently dominate the China discourse.The Hill - Politics -
‘Reverse Yankee’ deals boom as Europe’s low borrowing costs lure US groups
American companies issue €30bn in euro-denominated bonds as investor demand for European corporate debt growsFinancial Times - Business -
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 -
Business locked in expensive AI 'arms race'
Business leaders feel pressure to invest in AI but the costs are formidable.BBC News - Top stories -
NASCAR All-Star Race at North Wilkesboro 2024: Race format, rules, how to watch, stream, preview, picks
The All-Star Race returns to legendary North Wilkesboro for the second year in a rowCBS Sports - Sports - NASCAR -
Sony Music warns global tech and streamers over AI use of its artists
Music group representing Adele and Beyoncé contacts more than 700 companies to prohibit use of contentFinancial Times - Business -
Sony warns tech companies: Don't use our music to train your AI
Sony Music Group is sending more than 700 letters to tech companies and music streaming services, calling on them to not use its music to train AI without authorization from the label.Los Angeles Times - Entertainment -
Sony Music Group warns more than 700 companies against using its content to train AI
One of the biggest record labels in the world is issuing notices warning hundreds of companies not to train artificial intelligence models on its content without permission.NBC News - Top stories -
Japanese automaker Honda revs up on EVs, aiming for lucrative US, China markets
Japanese automaker Honda is reaffirming its commitment to electric vehicles, investing 10 trillion yen, or $65 billion, through fiscal 2031ABC News - Tech - China -
Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
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 -
Hogan Backs Codifying Roe, Tacking Left on Abortion Ahead of a Tough Race
The former two-term Republican governor, who vetoed legislation in Maryland to expand abortion access, called himself “pro-choice” in an interview and said he would back a federal law to ensure access to the procedure.The New York Times - Top stories - Abortion -
Did Billie Eilish just jump into the race for song of the summer?
Pop superstar Billie Eilish's new album 'Hit Me Hard and Soft' is due Thursday night. One breezy track already feels like a hit.Los Angeles Times - Entertainment -
Caitlin Clark fever races through Indy to overshadow Pacers and Indianapolis 500
Caitlin Clark had yet to even be drafted by the Indiana Fever before fans were openly calling for her to be given an honorary role at the Indianapolis 500ABC News - Sports -
Departing Liverpool boss Klopp 'would scrap VAR'
Liverpool boss Jurgen Klopp says he would vote to scrap video assistant referees because of how the system currently works.BBC News - Top stories -
How to watch the 2024 Preakness Stakes race: Start time, channel, odds, where to stream and more
It's almost time for the 149th annual Preakness Stakes!Yahoo Sports - Sports -
2024 NASCAR All-Star Race picks, odds, lineup, time: Model shares surprising North Wilkesboro Speedway picks
SportsLine simulated the 2024 NASCAR All-Star Race 10,000 times as the NASCAR Cup Series returns to North Wilkesboro SpeedwayCBS Sports - Sports - NASCAR -
Preakness Stakes 2024: Cheat Sheet for racing form, past performances, post positions, odds with Muth scratch
SportsLine's 2024 Preakness Stakes racing form cheat sheet features PPs info and analysis for Pimlico Race Course with race favorite Muth scratched with a feverCBS Sports - Sports -
2024 Black-Eyed Susan Stakes predictions, odds, horses, contenders: Surprising picks by horse racing insider
Beyer Speed Figure maker Bob Weir reveals his picks for Friday's Black-Eyed Susan Stakes 2024CBS Sports - Sports -
Montana’s Senate Race Could Come Down to One Question: Do I Trust You?
Republicans are trying to paint Senator Jon Tester as a Washington sellout, while their own candidate, Tim Sheehy, faces scrutiny over his credibility and how he sustained a gunshot wound.The New York Times - Top stories -
Emilia Romagna Grand Prix 2024: How to watch the next F1 race without cable
Everything you need to know about streaming the next Formula 1 Grand Prix.Yahoo Sports - Sports -
AP Week in Pictures: Europe and Africa
May 10-16, 2024 Prime Minister Robert Fico of Slovakia was shot and wounded while greeting a crowd. U.S. Secretary of State Antony Blinken played guitar in Kyiv while on a visit to Ukraine. Malians replastered the world’s largest mud brick ...ABC News - World -
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 -
Proposed North Carolina law would make it illegal to wear masks in public
Republican senators in North Carolina passed a bill Wednesday revoking a pandemic-era law allowing for masks to be worn in public for health concerns.NBC News - Top stories -
Apple Apologized for Its 'Crush' Ad. Steve Jobs Would be So Disappointed
Has Apple's rebel identity gone soft?Inc. - Business - Apple -
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Jürgen Klopp reveals he would vote to scrap VAR in Premier League
Klopp says ‘these people are not able to use it properly’Liverpool manager may not give Sunday’s pre-game team talkJürgen Klopp has said he would scrap video assistant referees for the simple reason that Professional Game Match Officials Ltd is ...The Guardian - World -
2024 NASCAR North Wilkesboro picks, All-Star Race best bets, odds, time: Proven expert high on Chase Elliott
Steven Taranto has hit six winners this year and reveals his picks and racing best bets for the NASCAR at North Wilkesboro Speedway exhibition raceCBS Sports - Sports - NASCAR -
C.D.C. Warns of a Resurgence of Mpox
A deadlier version of the infectious disease is ravaging the Democratic Republic of Congo, while the type that caused a 2022 outbreak among gay and bisexual men is regaining strength.The New York Times - World