U.S. large cap stocks post biggest weekly outflow in 16 months, say BofA strategists
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Oil Rises, Buoyed by Second Straight Weekly Fall in U.S. Inventories
Oil gained in early Asian trade, buoyed by a second straight weekly decline in U.S. inventories.The Wall Street Journal - World -
Kansas City Kicker Says Pride Month Is Example of a ‘Deadly Sin’
Harrison Butker also criticized President Biden in a commencement speech at Benedictine College.The New York Times - Sports -
Cramer says an 'outrageously bullish' combination of stocks is leading the bull market
CNBC's Jim Cramer noted that industrial, utility and tech stocks are going up at the same time.CNBC - Business -
JCB built and supplied equipment to Russia months after saying exports had stopped
Exclusive: Russian customs records suggest firm owned by major Tory donor kept supplying machines after ‘voluntary pause’. The British digger maker JCB, owned by the billionaire Bamford family, continued to build and supply equipment for the ...The Guardian - World - Russia -
Xi and Putin push for 'political solution' to Ukraine war
The two leaders also praised their "everlasting friendship" and spoke of deepening cooperation.BBC News - Top stories - Ukraine -
Gaza Aid Gains May Be Lost as Fighting Rages in Rafah, U.S. Says
Nearly 10 days after Israel began a military operation in the southernmost city of Gaza, aid trucks are backed up at the border.The New York Times - World -
U.S. soldier admits guilt in theft case, Russia says
An American soldier who was accused of stealing from his girlfriend during an unauthorized trip to Russia, has pleaded guilty to theft, Russian media reported.NBC News - Top stories - Russia -
Major U.S. stock indexes closed at records after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 1.2%%, 1.4% and 0.9%, respectively.
Major U.S. stock indexes closed at records after the release of the inflation data, with the S&P 500, Nasdaq and Dow gaining 1.2%%, 1.4% and 0.9%, respectively.The Wall Street Journal - World -
Why Unpredictability Can Be Your Biggest Asset
Following the status quo and having employees do the same leads to stagnation.Inc. - Business -
Extra-Large Living Room? Steal This Smart Seating Trick
Back-to-back sofas can cozy up wide-open living rooms. Design pros share their tips on how to make this controversial move a space game changer.The Wall Street Journal - World -
Toronto's Herdman suspended for post-match brawl
Toronto FC coach John Herdman and two of his players were suspended for Wednesday's match at Nashville on the heels of a post-match melee with New York City FC.ESPN - Sports -
Putin and Xi hail Russia-China ‘friendship’ on state visit
Russian president seeks further support for wartime economy in face of western sanctionsFinancial Times - Business - China -
Paramount: the takeover battle that could reshape Hollywood
The tussle for the venerable studio has been billed as the money men against the creatives, but the outcome may help decide who survives in the streaming eraFinancial Times - Business -
Ex-Post Office IT boss blocked Vennells' number
Lesley Sewell tells the Horizon inquiry she was "not comfortable" being contacted by the former chief.BBC News - Top stories -
Russia Launched Research Spacecraft for Antisatellite Nuclear Weapon Two Years Ago, U.S. Officials Say
The satellite, known as Cosmos-2553, went into orbit in February 2022 just weeks before Russia invaded Ukraine.The Wall Street Journal - World - Russia -
China’s biggest banks launch first sales of special loss-absorbing debt
TLAC bonds are part of push from international regulators to shore up balance sheetsFinancial Times - Business - China -
Japan's Biggest Insurer Plans to Go Big on Foreign Credit
Nippon Life Insurance, the largest insurer in Japan by asset size, is planning to invest more in foreign credit markets, looking to diversify its portfolio even as key domestic yields hover at decade highs.The Wall Street Journal - World - Japan -
Prem clubs to vote on scrapping VAR next month
Wolverhampton Wanderers have lodged a motion to scrap the use of VAR in the Premier League, with a vote to be held at next month's meeting of the 20 clubs.ESPN - Sports -
Stocks set new records
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story New inflation data sends stocks soaring All three of the major U.S. stock indexes closed at record highs Wednesday after new federal ...The Hill - Politics - Stock Market -
2024 NFL schedule release takeaways: Biggest SNF matchups; Jets, Chiefs and Cowboys get 6 prime-time games
Titanic clashes between pro football's biggest names highlight prime offerings set for this season's "Sunday Night Football" on NBC, officials said Wednesday.NBC News - Top stories - NFL -
2024 NFL schedule: Biggest revenge games on slate, including Russ Wilson vs. Sean Payton, Super Bowl rematch
Breaking down the 10 biggest revenge games of the 2024 NFL seasonCBS Sports - Sports - NFL -
Meme Stocks Are Back, to Mixed Reactions
Online investors have embraced unlikely companies and ridden the dizzying highs and crashing lows of their share prices.Inc. - Business -
McDonald's $5 value meal is coming in June — and staying for just a month
The offering will include four items — a McChicken or McDouble, four piece chicken nuggets, fries and a drink.CNBC - Business -
Israel war cabinet split looms as defence minister demands post-war Gaza plan
Yoav Gallant, who Benjamin Netanyahu tried to fire in 2023, says he will not allow Israeli rule of Gaza. A long-festering split at the heart of Israel’s war cabinet has burst into the open with the defence minister, Yoav Gallant, challenging the ...The Guardian - World - Israel -
Nikkei Rises 1.4%, Led by Electronics, Brokerage Stocks
Japanese stocks ended higher, led by gains in electronics and brokerage stocks, as easing U.S. inflation keeps hopes for Fed rate cuts later this year intact.The Wall Street Journal - World -
US stocks close at record high on slower pace of inflation
Investors increase bets on Fed’s interest rate cuts this year as price growth moderatesFinancial Times - Business -
Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase
Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.MarketWatch - Business -
Cisco’s stock rises as demand stabilizes and revenue outlook impresses
“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.MarketWatch - Business