These ‘low risk’ investments are on sale — and that’s good news for retirees
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China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
The Good News for Biden in Our Battleground Polls
An enduring group of voters prioritizes abortion over all other issues.The New York Times - Top stories - Joe Biden -
There’s more good news on inflation. Americans may have a hard time believing it.
Purchasing power for the average household actually increased from 2019 to 2023, a government report found. But higher earners are still coming out on top.MarketWatch - Business -
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California is imposing a new tax on guns. Will it impact sales?
Beginning July, state will become the first to charge an 11% excise tax, on top of federal and sales taxes, with an aim to reduce gun violence. Starting in July 2024, California will be the first state to charge an excise tax on guns and ...The Guardian - World - California -
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.
Honda plans to invest nearly $65 billion on its electric-vehicle strategy through 2030 as part of efforts to boost sales and production in the coming years.The Wall Street Journal - World -
Deadpool And Wolverine Tickets Go On Sale With New Trailer, Poster, And More
There's only one Marvel Studios movie hitting theaters this year, and it's just over two months away. Now, tickets for Deadpool and Wolverine have gone on sale, and that means there's a new trailer to go along with the announcement. There isn't ...GameSpot - Tech -
Nuclear industry brings back ‘silver tsunami’ of retirees
Older workers in demand as western companies prepare for biggest wave of new projects in decadesFinancial Times - World -
Shares of Cartier owner Richemont climb on record full-year sales, new CEO
Shares of Swiss luxury group Richemont climbed as much as 6.3% Friday after it reported record full-year sales even as Asia-Pacific spending waned.CNBC - Business -
AstraZeneca kicks off ‘new era of growth’ with aim to hit $80 billion of sales by 2030
The Anglo-Swedish pharmaceutical company’s CEO Pascal Soriot said the announcement marks the start of a “new era of growth”MarketWatch - Business -
The Morning Risk Report
U.S. blocks imports from 26 more Chinese companies over forced labor concerns, and the U.S. pitches deal to ease sanctions on Israeli businessman in a quest for metals. Also, Microsoft asks hundreds of China-based AI staff to consider relocating ...The Wall Street Journal - World -
Are the Risks of Marijuana Overhyped or Undersold?
‘The psychiatric hospitals I oversee are consistently occupied by patients suffering from complications due to cannabis.’The Wall Street Journal - World -
The Morning Risk Report
Binance gets two compliance monitors in settlements with U.S. authorities, and JPMorgan's Jamie Dimon led bank CEOs to fend off tougher capital rules. Also, the U.S. fears undersea cables are vulnerable to espionage from Chinese repair ships.The Wall Street Journal - World -
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Britain risks throttling a golden goose
By restricting student visas, the UK is endangering its world-class university sectorFinancial Times - World - United Kingdom -
China Consumption and Investment Slow Unexpectedly
China’s consumption and investment slowed in April, while industrial output beat expectations as Beijing doubled down on its manufacturing drive to spur growth.The Wall Street Journal - World - China -
Agents of manipulation (the real AI risk)
Artificial agents will make our lives better. At the same time, these superpowers could easily be deployed as agents of manipulation.VentureBeat - Tech -
Tyson Fury: The good, the bad, the ugly, the undisputed?
Over a 16-year professional career, Tyson Fury has risen from small shows and low expectations to a shot at becoming undisputed world champion.BBC News - Top stories -
Johnson condemns lawmaker fighting at hearing: ‘Not a good look’
Speaker Mike Johnson (R-La.) condemned the tone of a raucous Thursday night House Oversight and Accountability Committee hearing saying members need to show decorum. “It's not a good look for Congress,” Johnson told reporters as they asked about a ...The Hill - Politics -
'My fake food was good enough for Barbie'
A fake food artist is "stunned" by the response since her work featured in the hit film Barbie.BBC News - Top stories -
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 -
Cost of diabetes, obesity drugs often out of reach for low-income patients
While it may seem like everyone is taking Ozempic, not everyone can afford to. The high price of popular diabetes drugs prevents many people from getting them.CBS News - Top stories -
Samsung Frame TVs are as low as $798 ahead of Memorial Day
Don't miss these price cuts on older models of the reader-favorite Frame TV as part of Walmart's clearance deals.CBS News - Top stories -
Lowe's beats on earnings and revenue, even as consumers spend less on DIY projects
The home improvement retailer Lowe's said sales fell again year over year, and it reiterated its full-year earnings forecast.CNBC - Business -
The Breakdown | Dupont, Lowe and other stars align for dazzling Champions Cup final
Big is not always beautiful but no European clubs currently have the talent and pulling power of Leinster and Toulouse. Occasionally in sport the planets align. The two best golfers in the world teeing off together in the final round of an Open ...The Guardian - World -
Lowe's Earnings Top Forecasts; Big-Ticket Spending Stays Weak
Do-it-yourself customers, who make up about 75% of Lowe’s customer base, cut back on higher-priced discretionary purchases.The Wall Street Journal - World -
Investing in Space: Boeing inches closer to Starliner launch
Boeing's Starliner spacecraft is finally at the pad and on the eve of carrying astronauts. It's a debut that is imminent, yet feels bizarrely inconsequential.CNBC - Business -
Thames Water’s biggest shareholder writes off investment
Move by Canadian pension fund is sign of escalating financial crisis at UK’s largest water supplierFinancial Times - Business -
Advisers worry as social media investment scams surge
Trusted figures often used to persuade people to put money into fraudulent schemesFinancial Times - World -
Desperate Biden must debate to win — but there are risks
Trump’s campaign has to guard against dirty tricks.The Hill - Politics - Joe Biden -
Steelmakers warn ministers that UK faces dumping risk
Plans to bring in carbon tax a year after EU will see shipments ‘diverted’ to Britain, industry saysFinancial Times - World - United Kingdom -
Why an uncertain world needs to take on more risk
Scarring from a series of shocks generates a defensive mindset that is holding back growthFinancial Times - World -
Prosecuting Netanyahu Has Risks for International Criminal Court
U.S. support for the ICC, which grew with the Ukraine investigation, is collapsing after prosecutor Karim Khan targets Israeli leaders.The Wall Street Journal - World -
Bidet sales are flush with success
Bidets are common in Asia but are only just now catching on in America. Contributor Kelefa Sanneh finds out what's behind this recent stateside surge in interest and checks out some of the options from Toto, the global leader in bidet sales.CBS News - Top stories - Joe Biden -
The Guardiola supremacy: how City became too good for their own good | Jonathan Liew
A seventh title in 10 years is proof of how incredible wealth has eroded any sense of competitive balance in the Premier League . Once more, without feeling. The sun rose on Sunday morning, the Earth completed one full rotation around its axis, ...The Guardian - World -
Amazon Is Hosting a Massive Book Sale
Ebooks, paperbacks, and hardcover editions are deeply discounted through May 20.Wired - Tech - Amazon -
Macy’s Reports Another Drop in Sales
The largest department store chain in the United States has not reported an increase in comparable-store sales since early 2022.The New York Times - Business -
For good and bad, Jürgen Klopp gave Liverpool fans the time of their lives
German’s tenure has been littered with big lows but supporters will always cherish the big highs and a unique connection. It was a lovely spring afternoon in Liverpool. The sun was out, the temperature was high and, around Anfield, so were ...The Guardian - World -
The Celtics are in a good headspace as they head to a 3rd consecutive Eastern Conference finals
The Celtics are back in the Eastern Conference finals for the third consecutive season following their 4-1 series victory over the Cleveland CavaliersABC News - Sports -
Musk, Bezos, Zuckerberg and other tech titans stand in the way of the common good
What better lesson in inequality is there today than that of the extraordinary rise of the tech titans, who have harnessed technology to accumulate unimaginable wealth and power and yet prevented it from benefitting the common good?MarketWatch - Business