Woodside Revenue Falls on Lower Prices, Volumes
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Why flags will be lowered on Wednesday
On May 15 ,the American flag will be flown from sunup to sundown at half-staff to honor Peace Officers Memorial Day.The Hill - Politics -
IEA lowers 2024 oil-demand forecast
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.MarketWatch - Business -
Australian Government's Budget Bets On Rapid Fall In Inflation
Australian Treasurer Jim Chalmers has framed the center-left Labor government’s 2024-2025 budget around the themes of cost of living relief, income tax cuts and the tantalizing prospect of a fall in mortgage interest rates by early next year.The Wall Street Journal - World - Australia -
WSJ Dollar Index Falls 0.14% to 99.67
The dollar gave back gains made earlier on April’s unexpectedly high PPI inflation, with the WSJ Dollar Index settling down more than 0.1%.The Wall Street Journal - World -
Burberry Profit Falls as Soft Demand, Turnaround Bite
Burberry posted a decline in profit for fiscal 2024 as it kept struggling to revitalize its business through a turnaround plan against a backdrop of slowing luxury demand.The Wall Street Journal - World -
U.S. Dollar Falls as Market Awaits CPI Data
The big issue for the U.S. inflation outlook is if producers manage to pass rising costs on to consumers, Brown Brothers Harriman said ahead of the April CPI data release.The Wall Street Journal - World -
It's no surprise to see Amazon shares lower after cloud CEO shakeup
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year
The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world’s largest economies, particularly in Europe.The Wall Street Journal - World -
UN Begins Citing a Lower Death Toll For Women and Children in Gaza
The U.N. has begun citing a much lower death toll for women and children in Israel’s military offensive, acknowledging that it has incomplete information about many of those killed.The New York Times - World - United Nations -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Inside the rise and fall of Ashley Madison: ‘People literally lost their lives’
A new Netflix docuseries explores how the site that enabled married people to have affairs devolved into chaos back in 2015. In theory, the internet promised, among other things, a solution to the age-old conundrum of finding a date. If you wanted ...The Guardian - World -
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Treasury yields fall for second straight session after PPI revision for March
Treasury yields finished lower on Tuesday after a downward revision to the U.S. producer-price index for March took some of the sting out of the unexpectedly hotter reading for April.MarketWatch - Business -
Pregnant woman, unborn child killed by falling tree during severe weather
Three people were killed in Louisiana -- including a pregnant woman and her unborn child -- due to severe weather on Monday, officials said.ABC News - Top stories -
Paramount shares fall on report that Sony is reconsidering its bid
Shares of Paramount Global on Tuesday fell after CNBC reported that Sony is rethinking its bid for the company, the latest twist in the TV and movie producer’s merger drama.MarketWatch - Business -
Caitlin Clark finishes with 20 points as Indiana falls to Connecticut in WNBA opener
Caitlin Clark struggled early in her WNBA debut before finishing with 20 points as the Indiana Fever fell to the Connecticut Sun 92-71 on Tuesday nightABC News - Sports - WNBA -
Burberry warns of tough first-half trading as profits fall sharply
UK fashion group seeks to overhaul brand as wider luxury market suffers downturnFinancial Times - Business -
Eurozone inflation to fall faster than expected, EU says
Revised figure comes as impact of Red Sea trade disruption proves milder than expectedFinancial Times - Business - European Union -
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Producer Prices Rose More Than Expected in April
Producer Prices Rose More Than Expected in AprilThe Wall Street Journal - World -
Stocks Mixed After Producer-Price Data
U.S. stocks were mixed in recent trading as investors digested wholesale-inflation data and awaited a reading on consumer prices, due Wednesday .The Wall Street Journal - World - Stock Market