Biden Pushes Economic Gains Jousts
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Biden’s worst-case economic scenario is unfolding at the worst possible time
The economic growth that the administration hoped would at least outstrip inflation’s increase — and reverse some of that cumulative effect — is not.The Hill - Politics - Joe Biden -
Morehouse College pushes the White House for 'direct engagement' ahead of Biden's speech
Morehouse College faculty remain apprehensive about the decision to have President Joe Biden deliver the school’s commencement speech on May 19, and have asked the White House to take some steps to address their concerns.NBC News - Top stories - Joe Biden -
Morehouse College pushes the White House for 'direct engagement' ahead of Biden's speech
Morehouse College faculty remain apprehensive about the decision to have President Joe Biden deliver the school’s commencement speech on May 19, and have asked the White House to take some steps to address their concerns.NBC News - Politics - Joe Biden -
First loan under Biden’s transit-oriented development push goes to town north of Seattle
Despite initial hiccups, interest is “growing very fast” for loans, says Build America Bureau executive director Morteza Farajian.MarketWatch - Business - Joe Biden -
Americans' economic confidence slips
Presented by BP — {beacon} View Online Business & Economy Business & Economy PRESENTED BY The Big Story Americans' economic confidence slips Americans’ confidence in the economy has slipped for the first time since the fall, a survey by Gallup ...The Hill - Politics -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
Europe’s Economic Laggards Have Become Its Leaders
More than a decade after painful austerity, Greece, Portugal and Spain have been growing faster than traditional powerhouses like Germany.The New York Times - Business - Europe -
Economic confidence slips for first time since last fall: Gallup
Americans’ confidence in the economy has dropped nine points since last month, the first time it has slipped since the fall, a survey by Gallup found. The Gallup Economic Confidence Index, which summarizes the public’s view on the current economic ...The Hill - Politics -
Argentina president’s scaled-down economic package wins approval in lower house
Argentina President Javier Milei’s scaled-back package of reform measures designed to turn around an economy with the highest rate of inflation in the world won approval from in the lower-house of congress.MarketWatch - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Do not ignore Africa, World Bank head tells wealthy nations
Call comes as continent’s leaders push for $120bn in aid to boost development and battle climate change threatFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Georgia cracks down on pro-EU protesters in Russia pivot
Clashes come after rare appearance by ruling party founder Bidzina Ivanishvili criticising the westFinancial Times - World - Russia -
Adults, not students, are America’s problem
Campus protests are being routinely mishandledFinancial Times - Business -
New York police storm Columbia University and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Tory candidates distance themselves from Sunak ahead of local elections
Mayoral and council hopefuls in UK opt for different colours on campaign material and avoid references to partyFinancial Times - Business -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Natural-gas prices post their first monthly gain since October. Here’s why.
Natural-gas futures were among the largest commodity gainers in April — posting a monthly rise of almost 13% as traders bet on a slowdown in U.S. production ahead of the high-demand summer cooling season.MarketWatch - Business -
Dortmund gain advantage over PSG following narrow win to keep Champions League goals alive
Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in their Champions League semi-final first leg on Wednesday.ESPN - Sports - UEFA Champions League -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Big Tech caught up in AI frenzy
Also in this newsletter: Houthis expand attacks, England and Wales go to the polls, warning on global povertyFinancial Times - World -
Lawmakers and advocates make last-ditch push to extend affordable internet subsidy
Millions of families will face bigger internet bills starting in May because a federal broadband subsidy program is set to expireABC News - Tech -
Netanyahu insistent on Rafah invasion regardless of push for hostage deal
Israeli Prime Minister Benjamin Netanyahu is again signaling he will go ahead with a ground invasion of the southern Gaza city of Rafah, despite pleas from thousands of protesters to broker a deal to bring back the rest of the hostages held by ...CBS News - Top stories -
Same-Store Sales at Starbucks Drop, Pushing Revenue Down 1.8%
After the chain’s quarterly earnings missed Wall Street’s estimates, its shares fell more than 12 percent in after-hours trading.The New York Times - Business -
Ninth-inning collapse pushes Rockies into the bad kind of MLB history
The Rockies have trailed for at least part of all 29 of their games this season.Yahoo Sports - Sports - MLB -
The Latest | In Israel, Blinken pushes Hamas to agree on Gaza cease-fire deal
U_S_ Secretary of State Antony Blinken is in Israel to press for a cease-fire deal with Hamas, saying “the time is now.”ABC News - World - Israel -
Saudis push for ‘plan B’ that excludes Israel from key deal with US
Riyadh seeks more modest agreement with Washington in absence of Gaza ceasefire and Netanyahu resistance to Palestinian state. The US and Saudi Arabia have drafted a set of agreements on security and technology-sharing which were intended to be ...The Guardian - World - Israel -
Blinken offers hostage families hope as he pushes for Israel-Hamas truce
In Israel for his 7th visit during the war in Gaza, Antony Blinken conveys "cautious optimism" to hostage families that a deal could be reached.CBS News - Top stories - Israel -
Netanyahu insistent on Rafah invasion regardless of push for hostage deal
Israeli Prime Minister Benjamin Netanyahu is again signaling he will go ahead with a ground invasion of the southern Gaza city of Rafah, despite pleas from thousands of protesters to broker a deal to bring back the rest of the hostages held by ...CBS News - World