America Expects Mild Recession
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Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
The problem with polling America’s young voters
Difficulty in reaching the under-30s for surveys means not all data points are created equal — and can misleadFinancial Times - Business -
AP Week in Pictures: Latin America and Caribbean
April 16 - May 2, 2024 Brazilian singer Catia de Franca performs her blend of psychedelic rock with traditional rhythms and modernist poetry. Mothers search a field on the outskirts of Mexico City looking for remains of missing love ones. Gangs ...ABC News - World -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Texas Democrat declares innocence ahead of expected indictment
Rep. Henry Cuellar (D-Texas) addressed an expected indictment following reports the Justice Department is preparing charges against him, saying he is “innocent of these allegations” and still plans to seek reelection. The Justice Department ...The Hill - Politics -
Stabilizing crime victims' funding is a win America’s kids desperately need
The act calls attention to the threat facing victims of violent crimes and asks for support to save the fund that offers those victims justice and healing.The Hill - Politics -
‘America First’ conservatives aren’t putting American workers first
We know these senators aren’t on the side of the American worker, which begs the question — whose side are they on? The answer is obvious: people and corporations with money.The Hill - Politics -
America's War Machine Runs on Rare-Earth Magnets. China Owns That Market.
China dominates the market, but U.S. defense needs are pushing a revival effort after decades of deindustrialization.The Wall Street Journal - Business - China -
Miami Heat 2024 NBA offseason preview: Don't expect major changes
Heat Culture may mean a more cautious approach to retool around Jimmy Butler and Bam Adebayo.Yahoo Sports - Sports - NBA -
April Jobs Report Shows Slowing But Still Steady Hiring Pace
The Labor Department said employers added 175,000 jobs last month, a dip from March but another consecutive month that adds to the longest period of unemployment under 4 percent since the 1960s.Inc. - Business