Wednesday Briefing: China’s Economy Grew Faster Than Expected
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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 -
Wednesday Briefing: Zelensky Speaks to The Times
Also, funeral ceremonies begin for Iran’s president.The New York Times - World - Ukraine -
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Rent has risen faster than wages in most US cities
Since 2019, rent prices have surged 30.4%, while wages have risen 20.2%, according to a recent Zillow analysis.The Hill - Politics -
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 -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Fed’s Mester says her businesses contacts are sensing the economy is stronger than anticipated
Business contacts in the Midwest are starting to become much more upbeat about where the economy is going, Cleveland Federal Reserve Bank President Loretta Mester said on Thursday.MarketWatch - Business -
Why Biden’s China tariffs are more bark than bite
Also in today’s newsletter, how another Trump administration could reshape the energy outlookFinancial Times - World - China -
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Taiwan is selling more to the US than China in major shift away from Beijing
Taiwan is reducing its reliance on the Chinese mainland as it seeks to insulate itself from pressure from Beijing and forge closer economic and trade ties with the United StatesABC News - Tech - China -
Teslas are cheaper than ever. Here’s how Biden’s China tariffs will affect costs.
The Biden administration this week slapped stiff tariffs on Chinese electric vehicles, as well as batteries and battery parts from China.MarketWatch - Business - China -
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 -
The manicure economy
Work demands an even more human touch as machines take jobsFinancial Times - Business -
S&P 500 Hits New High With Retail Earnings in Focus
The S&P 500 and Nasdaq climbed to records, while the Dow rose to just shy of its all-time high.The Wall Street Journal - World -
State Treasurers, Others Urge Exxon Mobil Shareholders to Vote Against CEO
In addition to Exxon Mobil’s CEO, the group urged voting out Lead Independent Director Joseph Hooley.The Wall Street Journal - World -
S&P 500, Nasdaq Hit New Records
Shares of Macy’s rose, while Lowe’s stock fell after the retailers reported results.The Wall Street Journal - World -
Does America Need a Baby Boom?
Students discuss the decline in fertility rates and what to do about it.The Wall Street Journal - World -
Tuesday Briefing: What’s Next for Iran
Also, an international prosecutor’s request for arrest warrants for leaders of Israel and Hamas.The New York Times - World - Iran -
'We need it to be faster,' says Ukraine's ambassador about arms shipments
The Ukrainian ambassador to the U.S. urged American leaders on Sunday to speed up shipments of arms and aid to the country as it struggles to defend against the Russian military. “There is no such thing as fast enough when we are up against such a ...The Hill - Politics - Ukraine -
Russia and Ukraine: two economies at war
Government reshuffle underlines Putin’s militarisation effort as Kyiv fights on with western supportFinancial Times - World - Ukraine -
Friday Briefing: NATO Considers Sending Trainers to Ukraine
Also, Michael Cohen kept his cool under cross-examination.The New York Times - World - Ukraine -
Kate briefed on early years report, but there's no return to work yet
A return to work is ruled out for the Princess of Wales, as her early years foundation issues a report.BBC News - Top stories -
Want to Get Smarter? Neuroscience Reveals 6 Simple, Remarkably Effective Ways to Learn Faster and Retain More
Learn more quickly and remember more? Here's how, backed by a number of studies.Inc. - Business -
This Commodity Tells a Story About the Entire Economy and It's Bullish
Copper prices have gone parabolic this year as traders bet on economic growth and AI.Inc. - Business -
Economy Losing Steam as Labor Market Tightens
Weekly jobless claim numbers decline as the impact of higher interest rates starts to hit key business sectors like homebuilding and manufacturing.Inc. - Business -
Under Israeli Bombs, a Wartime Economy Emerges in Gaza
Amid the destruction, a marketplace of survival has arisen focused on the basics: food, shelter and money.The New York Times - World - Israel -
Are the US and Chinese economies really about to start ‘decoupling’?
Experts say Biden’s tariffs on Chinese clean tech goods are not the trade-war move some fearFinancial Times - Business -
Thailand's Economy Grows on Strong Consumption, Tourism
The Thai economy grew in the first quarter thanks to strength in private consumption and tourism, despite continued weakness in goods exports.The Wall Street Journal - World -
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Rangers Injury Tracker: Chris Kreider 'good to go' for Game 6 after missing Wednesday's practice
The latest news and possible return dates for injured Rangers players.Yahoo Sports - Sports -
Source: Higgins not expected at Bengals OTAs
Bengals receiver Tee Higgins still has not signed his franchise tender and is not expected to by next week, a source told ESPN's Adam Schefter, which would make him ineligible to report for Cincinnati's organized team activities.ESPN - Sports - NFL -
Ukraine war briefing: Kyiv accuses Russia of targeting civilians in Kharkiv region
Ukrainian prosecutors investigating possible war crimes in Kharkiv and Vovchansk as Zelenskiy says his troops are fighting back: What we know on day 816. Ukraine says Russian shelling targeted civilians in two cities in the north-eastern region of ...The Guardian - World - Ukraine -
Monday Briefing: Iran’s President Is Missing After a Helicopter Crash
Also, Russian troops moved closer to Kharkiv.The New York Times - World -
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What does the Dow's 40,000-point milestone say about the economy?
The Dow Jones Industrial Average hit 40,000 points for the first time Thursday. Well-known brands like Goldman Sachs, Microsoft and United Health fueled the latest milestone. CBS News contributor J.D. Durkin joins "The Daily Report" to discuss ...CBS News - Top stories -
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 -
Trump turns trial into circus as Biden tries to focus minds on economy
As a slew of Republicans went to the hush-money trial to show their fealty to their boss, the president tried to rise above it. Donald Trump last week turned his New York fraud trial into a political circus and a platform for his election campaign ...The Guardian - World - Joe Biden -
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