Vix ‘fear gauge’ soars on Middle East tensions and interest rate shift
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Death of Iranian President adds to tensions in Middle East
Also in this newsletter: ICC seeks Israel and Hamas arrest warrants, Taiwan president’s tough task, US female executive numbers fallFinancial Times - World - Iran -
The Properties High Interest Rates Can't Touch
Competition to buy the world’s most exclusive stores is intense despite modest rent growth.The Wall Street Journal - World -
Ship Freight Rates Soar as Red Sea Diversions Become a Norm
Cargo owners and shipping lines expect disruptions for the rest of the year, adding time and costs to ocean routes.The Wall Street Journal - World -
Auto incentives are back — but high interest rates weaken deals for buyers
Incentives are coming back to the auto market, but interest rates remain high, corroding the benefits for buyers. Here are three things shoppers can do.CNBC - Business -
How to immunize your bond ETF if interest rates turn higher
Tips to hedge a portfolio against interest rate fluctuations.MarketWatch - Business -
Gold Futures Set New Record on China Debt, Rate-Cut Hopes and Geopolitical Fears
Gold futures reached a new record settlement as Chinese investors flock to safe havens, rate-cut hopes grow and geopolitical tensions mount.The Wall Street Journal - World - China -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
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Middle East Crisis: Benny Gantz Threatens to Leave Israel’s Government
Gantz, a centrist member of Israel’s war cabinet, told the Israeli prime minister he had until June 8 to address how Gaza would be governed after the war, among other unanswered questions.The New York Times - World - Israel -
Gates says campus protesters "don't know much of that history" in Middle East
"What has gone on, transpired between Israel and the Palestinians going back decades is very complex, very difficult," former Defense Secretary Robert Gates said on "Face the Nation."CBS News - Top stories -
The Middle East is roiling — the death of Iran’s president could push it over the edge
The death of the president of Iran, in and of itself, may not be monumental. But it marks a moment in international relations when all of us should pay renewed attention — or ignore it at our peril.The Hill - Politics -
Middle East Crisis: Biden Declares Israel’s Military Operation in Gaza ‘Is Not Genocide’
The president, speaking at a Jewish heritage event in the Rose Garden, criticized the decision of an international prosecutor to seek arrest warrants for top Israeli officials on war-crime charges.The New York Times - World - Joe Biden -
Gates says campus protesters "don't know much of that history" in Middle East
"What has gone on, transpired between Israel and the Palestinians going back decades is very complex, very difficult," former Defense Secretary Robert Gates said on "Face the Nation."CBS News - Politics -
The U.S. economy and inflation might be cooling off, but lower interest rates are still far away
Is the economy headed in the right direction? Wall Street investors certainly think so. They drove U.S. stocks to a record high this week. Why the optimism?MarketWatch - Business -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
Middle East Crisis: Israel Says It Will Send More Troops to Rafah, Defying International Pressure
“This operation will continue,” the defense minister said after meeting with commanders in the area.The New York Times - World - Israel -
Middle East Crisis: Israel Recovers the Bodies of Three Hostages Taken on Oct. 7
The three were attending the Tribe of Nova trance music festival when they disappeared. Their bodies were found by the Israeli military during an overnight operation.The New York Times - World - Israel -
Middle East Crisis: Israeli Officials Challenge Netanyahu, Laying Bare Government Divisions
Two key members of the wartime government have demanded that Israel’s leader come up with a decisive strategy for Gaza, with one issuing an ultimatum.The New York Times - World - Israel -
Ebrahim Raisi: rescuers search for Iran president after helicopter crash – live updates
President was travelling in Iran’s East Azerbaijan province when helicopter came down in bad weather. Here is a video of the Israeli war cabinet minister, Benny Gantz, threatening to resign if Benjamin Netanyahu fails to adopt an agreed plan for ...The Guardian - World - Iran -
Helicopter crash could reverberate across the Middle East, where Iran's influence runs wide and deep
The apparent crash of a helicopter carrying Iranian President Ebrahim Raisi, the country’s foreign minister and other officials is likely to reverberate across the Middle EastABC 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 -
Electricity grids creak as AI demands soar
Data centre electricity demand is forecast to double in four years, putting energy grids under pressure.BBC News - Top stories -
Canada Goose’s stock soars as earnings beat offsets soft guidance
Canada Goose says it will focus on expanding its core product line beyond the parka, and change its approach to marketing by investing in direct-to-consumer operations.MarketWatch - Business -
The Papers: Archbishop's plea to Starmer and stalking hotline calls soar
A range of stories on Sunday's papers including Labour's plans for NHS staff to work weekends.BBC News - Top stories -
Soaring debt and deficits causing worry about threats to the economy and markets
Government debt that has swelled nearly 50% is capturing increasing worry both on Wall Street and in Washington.CNBC - Business -
Why China is reluctant to make a much-needed shift
Beijing is stubbornly refusing to genuinely empower consumers, preferring to focus on industrial supportFinancial Times - World - China -
Putin meets Xi as Russia-China ties flourish amid tension with U.S.
Xi Jinping welcomes Vladimir Putin to Beijing - talking peace in Ukraine amid a backdrop of war and growing tension with the U.S. and NATO.CBS News - 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 quiet Japanese island paradise on the frontline of growing Taiwan-China tensions
Yonaguni is a tourist hotspot – but its location just 100km from Taiwan means residents must wrestle with the creeping militarisation of their home. In the minds of many Japanese people, Yonaguni is a sleepy paradise of crystal-clear sea and ...The Guardian - World - China -
At Trump Trial, Tensions Rise in Courtroom After Cohen Completes Testimony
Michael D. Cohen admitted stealing from the Trump Organization. The judge excoriated a defense witness. And Donald J. Trump’s entourage included a former leader of the Hells Angels.The New York Times - Top stories - Donald Trump -
Here are some options to reduce taxes on your savings interest this year
Here's how to reduce income taxes on your savings interest amid rate uncertainty from the Federal Reserve.CNBC - Business -
How much interest would a $10,000 6-month CD earn now?
You could earn a significant return on your money simply by depositing some of it into a six-month CD right now.CBS News - Top stories -
Raskin on upside-down flag at Alito home: 'It's a very clear conflict of interest'
Rep. Jamie Raskin (D-Md.) said the upside-down flag that flew briefly at Supreme Court Justice Samuel Alito’s home demonstrates a “very clear conflict of interest.” Raskin told MSNBC’s Jonathan Capehart during an interview Saturday that Alito’s ...The Hill - Politics -
Star Entertainment Gets Bid Interest, Says No Substantive Talks So Far
The Australian casino operator said it has received approaches about potential deals, including one from a consortium that includes a local partner of Hard Rock Hotels and Casinos.The Wall Street Journal - World -
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Kyle Larson 'behind' at Indy 500 practice, shifts focus toward qualifying
INDIANAPOLIS — Kyle Larson‘s Gasoline Alley garage stall was drawing its usual crowd Thursday morning at Indianapolis Motor Speedway. But this intense group was all business compared to the throngs of festive onlookers usually fixated on the ...Yahoo Sports - Sports -
Why a shift in market environment may make an ‘accident’ more likely
Markets are returning to the traditional relationship between stocks and volatility that leaves markets more prone to an accident, according to one market observer.MarketWatch - Business -
Kevin Spacey: 'Tremendously important' #MeToo movement has shifted 'in the direction of unfairness'
Kevin Spacey says while the #MeToo movement has been "tremendously important," the pendulum has "swung very, very far in the direction of unfairness." "I think, first of all, we live in a country that embraces and believes in due process, and ...The Hill - Politics -
What private equity ownership could look like in the NFL
A move to allow private equity firms to invest in NFL teams would represent a large shift in how the league has historically operated.ESPN - Sports - NFL -
Defense in Trump trial calls first witnesses during chaotic day in court
Robert Costello, a witness called by former President Donald Trump's defense team, was severely admonished by the judge over his behavior on the stand.CBS News - Politics - Donald Trump