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Soaring Treasury Yields Challenge Stock-Market Gains
New signs of lingering inflation have driven yields to the highest levels of the year.The Wall Street Journal - World -
3 Key Business Areas Cybersecurity Falls Short
There's no one path to business success, but you can take this important step to mitigate cyber risk and unleash the power of innovation, partnerships, and customer relationships: rethink network security.Inc. - Business -
Short-handed Bucks lose Portis to early ejection
Bobby Portis received a double technical foul for what officials called two hostile acts.ESPN - Sports -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Which CD term is best with inflation rising?
Shorter CD terms can provide more flexibility but lack the certainty of long-term CDs.CBS News - Top stories -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
U.S. 10-Year Treasury Yield Remains Near Multi-Month Highs
Treasury yields remained at multi-month highs they reached on Thursday, following weaker-than-expected first-quarter GDP and a stronger-than-expected acceleration in core PCE inflation.The Wall Street Journal - World -
10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
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Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
Long lines form and frustration grows as Cuba runs short of cash
Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATMABC News - World -
Kevin Durant continues to fall woefully short in attempt to replicate Warriors success
The Suns are down 3-0, and Durant is 16-20 in the playoffs since leaving Golden StateCBS Sports - Sports -
Labour pledges to renationalise most rail services within five years
Labour says its plan will improve services - but the Tories say it is "pointless" and "unfunded".BBC News - Top stories -
Donald Payne, Five-Term New Jersey Congressman, Dies at 65
A Newark Democrat, he succeeded his father, who was the first Black member of New Jersey’s congressional delegation.The New York Times - Top stories -
What does 'Sapphic' mean? An ancient term is having a modern moment
From the Sapph-Lit book club to the Sapph-o-rama film series and the Sapphic Sandwich Instagram account, a word with an ancient Greek namesake is being reclaimed by women-loving women.NBC News - Top stories -
3 long-term care insurance moves to make before you're 75
Are you a senior considering long-term care insurance? Here are three strategic moves to make before you're 75.CBS News - Top stories -
Oil Edges Higher Ahead of U.S. PCE Data
Oil prices ticked higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates.The Wall Street Journal - World -
Singapore Economy Likely to Strengthen This Year, But Faces Long-Term Pressures
Singapore’s central bank said growth could be driven by the global electronics upturn, which is broadening beyond semiconductors and is fueling growth in Asia’s emerging markets.The Wall Street Journal - World -
Pentagon announces $6B for long-term Ukraine weapons contracts
The United States announced a $6 billion weapons package for Ukraine on Friday, its largest military aid package to date for Kyiv’s forces. The weapons and equipment will include critical interceptors for Ukraine's Patriot and NASAM air defense ...The Hill - Politics - Ukraine -
Liverpool agree terms with Feyenoord for Arne Slot to replace Jürgen Klopp
Feyenoord set to receive £7.7m after verbal agreement madeKlopp says position is ‘best in the world at the best club’Arne Slot is set to become Liverpool’s next manager after the terms of his move from Feyenoord were agreed in principle between ...The Guardian - World -
Evening Report — Biden makes case for second term in rare live interview
A quick recap of the day and what to look forward to tomorrow {beacon} Evening Report {date('EEEE, MMMM d',time("now"))} © Allison Robbert/TheHill; Associated Press Biden sits down for rare interview with 'shock jock' Howard Stern President ...The Hill - Politics - Joe Biden -
How Trump's second term could be different from his first
Former President Trump’s pursuit of a second term in the White House could lead to an administration stocked with loyalists who are laser-focused on implementing Trump’s agenda and are willing to cater to his whims. Critics, including some who ...The Hill - Politics - Donald Trump -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - Business -
Blackstone to Buy Franchiser Tropical Smoothie Cafe
The deal values the smoothie chain at around $2 billion, including debt.The Wall Street Journal - Business -
No, a Shadowy Figure Is Not Buying Tents for Columbia Student Protesters
Conspiracies about outside forces funding and orchestrating the university protests at Columbia and NYU have taken hold online, primarily on X.Wired - Tech -
Buying a home is more expensive than ever
Presented by BP — {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story It's more expensive than ever to buy a home A new report from real estate company Redfin found that the median home price has hit a record high in ...The Hill - Politics -
No Rest For The Wicked Guide: How To Buy A House
Isometric action-adventure RPG No Rest For The Wicked mixes a few genres together, but like its greatest inspiration, the soulslike genre, it can be a little opaque about how its systems work. While you'll quickly find ways of gathering crafting ...GameSpot - Tech -
Thoma Bravo agrees to buy Darktrace for $5 billion
Private-equity firm Thomas Bravo agreed to buy U.K. cybersecurity company Darktrace for $5 billion, in what would end the company’s brief but rocky spell as a listed company.MarketWatch - Business -
Thoma Bravo to Buy U.K. Cybersecurity Firm Darktrace
Private equity firm Thoma Bravo said it plans to buy Darktrace in a cash deal that values the U.K. cybersecurity company at around $5 billion.The Wall Street Journal - World - United Kingdom -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business