Which CD term is best with inflation rising?
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Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
MLB Power Rankings: The AL and NL Central are rising -- which teams are in our top 10?
While some of the usual players dominate our list, five of our top teams this week are from two unexpected divisions.ESPN - Sports - MLB -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
Best Google Pixel Phone (2024): Which Model to Buy, Cases and Accessories, Feature Drops
Here’s a guide to all the models—plus case recommendations and hidden software tricks to try.Wired - Tech - Google -
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 -
Machine which fixes potholes 'in minutes' trialled
The machine is one of several potential solutions being tested by Gloucestershire County Council.BBC News - Top stories -
Romney says he laughs at term 'America first'
Sen. Mitt Romney (R-Utah) said that he laughs at the term “America first,” an increasingly common phrase heard in the Republican Party regarding U.S. foreign policy that he finds “disorienting.” Romney said during an interview with MSNBC’s “The ...The Hill - Politics -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
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 -
OpenAI’s Long-Term AI Risk Team Has Disbanded
The entire OpenAI team focused on the existential dangers of AI has either resigned or been absorbed into other research groups, WIRED has confirmed.Wired - Tech -
Trump floats idea of three-term presidency at NRA convention
During a bombastic speech in Dallas, GOP frontrunner asks: ‘Are we going to be considered three-term? Or two-term?’ . Donald Trump flirted with the idea of being president for three terms – a clear violation of the US constitution – during a ...The Guardian - World - Donald Trump -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
The Mirage casino, which ushered in an era of Las Vegas Strip megaresorts in the '90s, is closing
The iconic Mirage hotel-casino on the Las Vegas Strip will shut its doors this summer, the end of an era for a property credited with helping transform Sin City into an ultra-luxury resort destination.NBC News - Top stories -
How to buy a great bottle of wine—and which ones to 'stay completely away from,' according to a sommelier
To find a great bottle of wine, your best bet is to enlist help at your local shop. It doesn't hurt to know what to look for on the label, either.CNBC - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Confirmed cases from parasite outbreak rises to 46
Forty-six cases of a diarrhoea-type illness confirmed in Devon as company says it's located the source of entry for parasites.BBC News - Top stories -
Sunaks' wealth rises to £651m in latest rich list
Rishi Sunak and his wife Akshata Murty are richer than King Charles, according to The Sunday Times.BBC News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
As American global hegemony ends, multi-alignment rises
Unlike the rigid alliances of the Cold War, multi-alignment involves a strategic flexibility that empowers nations to navigate the complexities of a multipolar world.The Hill - Politics -
Turkey sentences pro-Kurdish politicians to lengthy prison terms over deadly 2014 riots
A Turkish court has sentenced several pro-Kurdish politicians to between nine and 42 years in prison over deadly riots that broke out in 2014 by after Islamic State group militants besieged the Syrian border town of KobaniABC News - World - Turkey -
Modi's strongman rule raises questions about India's 'democratic decline' as he seeks a third term
India has witnessed signs of democratic backsliding that has become apparent during the Modi era, observers and critics say.CNBC - Business -
1 in 10 young college graduates is 'idled'—it could affect their earnings long-term
While the job market for recent college grads recovered quickly from the brief Covid-19 recession, the downturn could still spell trouble down the line.CNBC - Business -
OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
OpenAI has dissolved its Superalignment team amid the high-profile departures of both team leaders, Ilya Sutskever and Jan Leike.CNBC - Business -
OpenAI dissolves team focused on long-term AI risks less than one year after announcing it
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a person familiar with the situation confirmed to CNBC on Friday.NBC News - Top stories -
Alabama Republicans pledged to revisit IVF in hopes of a long-term fix. They never did.
When Republicans in Alabama enacted a law earlier this year to protect in vitro fertilization following a court decision that halted the treatment in the deeply conservative state, they pitched it as a temporary fix.NBC News - Politics -
Mets reportedly offered Pete Alonso a long-term extension last summer; superstar slugger nearing free agency
The Mets attempted to lock in Alonso for less than either Matt Olson or Freddie Freeman receivedCBS Sports - Sports -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix -
Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
Glynn's Take: RBA Gov. Bullock Alone in Fight to Tame Inflation
Reserve Bank of Australia Gov. Michele Bullock will have realized this week that she is now on her own when it comes to getting inflation down.The Wall Street Journal - World