U.S. stocks ended mixed as investors looked ahead to fresh inflation data. The S&P 500 and Nasdaq gained 0.1% and 0.3%, respectively, while the Dow fell less than 0.1%.
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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 -
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.The Wall Street Journal - World -
Inflation Rises, but Key CPI Index Climbs Less Than Expected
The Consumer Price Index, which measures changes in the costs of household goods, rose 0.3 percent in April, a slight drop from the month before, potentially helping the case for the Fed to cut interest rates this year.Inc. - Business - Inflation -
US government data shows the number of fatal overdoses fell last year
US government data shows the number of fatal overdoses fell last yearABC News - Health -
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 -
Biden and Trump agreed to debates in June and September hosted by CNN and ABC News, respectively, scheduling the events earlier than in past general-election years.
Biden and Trump agreed to debates in June and September hosted by CNN and ABC News, respectively, scheduling the events earlier than in past general-election years.The Wall Street Journal - World - Joe Biden -
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 -
Bond Markets Expected to Calm Down After U.S. CPI-Triggered Rally
Rates markets looked set to enter calmer waters after U.S. inflation and retail sales data caused the latest leg higher [in prices], Commerzbank Research said.The Wall Street Journal - World -
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 -
'American Idol' alum Jordin Sparks to perform national anthem ahead of 108th Indianapolis 500
Jordin Sparks, the singer-songwriter who shot to stardom on “American Idol,” will perform the national anthem before the 108th running of the Indianapolis 500 on Memorial Day weekendABC News - Entertainment -
The U.S. saw a slight decline in the number of overdose deaths last year, marking a rare improvement in a persistent fentanyl crisis, preliminary federal data show.
The U.S. saw a slight decline in the number of overdose deaths last year, marking a rare improvement in a persistent fentanyl crisis, preliminary federal data show.The Wall Street Journal - World -
Ministers split over aid for Titanic shipbuilder Harland & Wolff
UK chancellor ‘dragging feet’ over £200mn package for Belfast groupFinancial Times - World -
Labour and Tories to raise pressure on City watchdog over growth
Concerns have risen over Financial Conduct Authority’s ability to spur competitivenessFinancial Times - World -
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Workers are cheating on drug tests at the highest rate in more than 30 years, according to one of the largest drug-testing labs in the U.S.
Workers are cheating on drug tests at the highest rate in more than 30 years, according to one of the largest drug-testing labs in the U.S.The Wall Street Journal - World -
Aegon Backs Guidance, Launches Fresh Buyback
Aegon said it was on track to meet its guidance for a key earnings figure this year after a decline for the first quarter, and launched a new share buyback program of up to €200 million.The Wall Street Journal - World -
Rory less confident PGA Tour, LIV near merger
Recent developments have Rory McIlroy less confident about the PGA Tour and LIV Golf working out a merger.ESPN - Sports - Golf -
No screens at meals and insect food: four fresh findings about obesity
The European Congress on Obesity conference in Venice also hears about how financial incentives could help men lose weight. At the 2024 European Congress on Obesity, a range of experts shared research on ways to tackle the issue. Here is a roundup ...The Guardian - World -
The village that fell into a river: Sim Chi Yin’s best photograph
‘One woman heard tree branches snapping and jumped out of bed – just in time to see her mattress float away as the back half of her house melted into the darkness’. I started my Shifting Sands series seven years ago to look at how the world is ...The Guardian - World -
‘It’s going gangbusters!’ How Britain fell in love with bubble tea
Sometimes it’s fruity, sometimes it’s syrupy. It’s usually very sweet. And it’s always full of … tapioca. How did Taiwan’s ‘boba tea’ become such a hit everywhere from Cardiff to Glasgow? . On a sunny Thursday afternoon, the Covent Garden branch ...The Guardian - World -
Starwood’s $10bn property fund taps credit line as investors pull money
Heavy redemption requests come as fears rise over real estate valuationsFinancial Times - Business -
Investors should not tear up their playbooks over geopolitical risks
Current international tensions are concerning for markets but not unprecedentedFinancial Times - World -
Data centres have turned Big Tech into big spenders
Companies need AI services revenues, not cost savings, to fuel data centre boomFinancial Times - Business -
Rockies extend MLB's longest active winning streak, while Padres were 'fully deserving' of boos after sweep
The Rockies blew out the Padres on Wednesday for their seventh win in a rowCBS Sports - Sports - MLB -
Russia's Vladimir Putin meets with China's leader Xi Jinping while on state visit to China
Russia's Vladimir Putin meets with China's leader Xi Jinping while on state visit to ChinaABC News - World - China -
Resold police guns end up in criminal hands
A new CBS News investigation finds thousands of guns once owned by law enforcement have turned up at crime scenes across the country. National investigative correspondent Stephen Stock reports.CBS News - Top stories -
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 -
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 -
China is still an important market even if investors diversify from it now, says Peak XV
China will still be an important market in the years to come, said Peak XV, despite firms diversifying away from the country amid geopolitical concerns.CNBC - Business - China -
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'I'm the No. 1 guy': Patchy Mix knows he's the best bantamweight in MMA
Mix, the current Bellator 135-pound champion, is ready for any and all challenges. Up next? PFL gold.ESPN - Sports