U.S. economic growth slower than expected in 2024's first quarter
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Leading index for U.S. economy sinks again and points to slower growth
The leading indicators for the U.S. economy fell in April for the second month in a row and pointed to ”serious headwinds to growth.”MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
Global Economy Will Grow More Than Expected, U.N. Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
Economics adds up for Dante delight but Derby picture left murkier than ever
Winner may be favourite if switched to run at EpsomColt pulled out as trainer fears would not act on trackThe Dante Stakes, the last recognised Derby trial before the Classic on 1 June, had the emphatic winner that everyone had turned up hoping to ...The Guardian - World -
Economic damage from climate change six times worse than thought – report
A 1C increase in global temperature leads to a 12% decline in world gross domestic product, researchers have found. The economic damage wrought by climate change is six times worse than previously thought, with global heating set to shrink wealth ...The Guardian - World - Climate -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - 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 -
Hades 2's First Patch Adds Major Quality-Of-Life Improvement
Hades 2 released in early access last week, and now has received its first patch. Supergiant Games is already proving the utility of its early-access period, with a majority of Patch 1's changes implemented as a result of player ...GameSpot - Tech