Consumer Sentiment Hits Highest Level
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Inflation Takes a Bite Out of Consumer Sentiment, Which Has Hit Its Lowest Level in Six Months
What preliminary results from the University of Michigan's monthly survey mean for entrepreneurs.Inc. - Business -
Jobless claims jump to highest level in nine months
Initial jobless-benefit claims rose by 22,000 to 231,000 in the week ending May 4, the U.S. Labor Department said Thursday. That’s the highest level since last August.MarketWatch - Business -
U.S. consumer sentiment sours in May
The University of Michigan’s gauge of consumer sentiment fell to 67.4 in a preliminary May reading, down from 77.2 in the prior month.MarketWatch - Business -
Consumer sentiment tumbles as inflation fears surge
The University of Michigan Survey of Consumers posted a reading of 67.4 for May, down from 77.2 in April.CNBC - Business -
US consumer sentiment drops to 6-month low on inflation, unemployment fears
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could riseABC News - Top stories -
Wheat futures mark highest finish since July
Wheat futures climbed Friday, with prices scoring their highest finish since July as cold weather looked to threaten production in Russia, which is among the world’s largest producers of the crop.MarketWatch - Business -
Record-breaking increase in CO2 levels in world’s atmosphere
Experts issue warning after finding global average concentration in March was 4.7ppm higher than same period last year. The largest ever recorded leap in the amount of carbon dioxide laden in the world’s atmosphere has just occurred, according to ...The Guardian - World -
Weekly jobless claims jump to 231,000, the highest since August
Jobless claims totaled a seasonally adjusted 231,000 for the week ending on May 4.CNBC - Business -
Federal student loan interest rates set to be highest in more than a decade
Students heading to college this year could wind up paying more for their schooling than those in the recent past. That’s because federal student loan interest rates are set to be the highest they’ve been in more than a decade.MarketWatch - Business -
GameStop shares surge again to register highest close since December
Shares of videogame retailer and original meme stock climbed more than 13% Thursday.MarketWatch - Business -
Street Fighter 6 - 8 Minutes of Akuma Gameplay (High-Level CPU)
The long awaited Akuma returns to Street Fighter 6. In this video he's set to CPU level 7 and battles Manon, Dee Jay, and mirror matches.GameSpot - Tech -
Here’s how Apple might take AI to the next level
Also, new index ETFs to help investors narrow their focus and an interview with Maurice Saatchi.MarketWatch - Business - Apple -
Mortgage rates inch down but stay over 7%, with home-buying sentiment at a record low
The 30-year mortgage rate is averaging 7.09% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business - Mortgage -
Gold Rallies to Highest Point in Two Weeks as Fed Rate Cut Hopes Grow
Gold rose to its highest price since late April’s crash on renewed hopes for Federal Reserve interest-rate cuts, lower treasury yields and a weakened dollar.The Wall Street Journal - World - Federal Reserve -
Eurozone stocks are at their highest in 16 years. UBS now prefers Europe over U.S. equities.
UBS strategists led by Andrew Garthwaite say they now prefer European stocks over their U.S. counterparts — though it should be said, to only the middle of its regional scorecardMarketWatch - Business - Europe -
EA Sports College Football 25: Projecting highest-rated players ahead of expected summertime release
Of the 10,000 players who have opted-in, only a handful will enjoy the rarefied air of a rating in the 90sCBS Sports - Sports - College Football -
Minority-Led Small Businesses Are Using Generative AI in High Numbers, Citing an Increased Ability to Level the Playing Field
A GoDaddy poll showed that Black- and Hispanic-owned small businesses are leading the way in generative AI usage.Inc. - Business -
Gold prices soar to best level in weeks as weak jobs data drives rate-cut hopes
Weak weekly jobless claims has pushed more hopes for Fed rate cuts, driving gold prices to levels not seen in weeks on Friday.MarketWatch - Business -
Eating high levels of ultra-processed foods linked with higher risk of death, study finds
Researchers tracking people's habits over 30 years found those who consumed more of certain ultra-processed foods had a slightly higher risk of death. Mingyang Song, the lead author of the study, joins CBS News to discuss his findings.CBS News - Top stories -
How Eagles' Kellen Moore plans on getting Jalen Hurts back to playing at an MVP level
Moore and Hurts are already working on fixing the issues from last seasonCBS Sports - Sports -
Shaquille O'Neal-Shannon Sharpe beef reaches diss track level. Here's how we got here
Shaquille O'Neal dropped a diss track about Shannon Sharpe as part of the beef between the two star athletes-turned-broadcasters that started with a Nikola Jokic interview.Los Angeles Times - Entertainment -
A great idea or a new level of hell? My time at Netflix’s week-long Bridgerton party
Why did the streaming giant put on a regency-themed party in Bowral, New South Wales? Would I find a husband? Would I survive that many influencers?. Get our weekend culture and lifestyle emailNight after night of glittering soirees, wreathed with ...The Guardian - World -
Why Companies Are Nervous About the Consumer
On earnings calls, dozens of corporate executives have cited a slowdown in spending to explain why sales are slipping.The New York Times - Business -
Fashion hits golden hour
The arrival of summer brings warm tones and cool silhouettesFinancial Times - Business -
China Disinflationary Headwinds Continue as Consumers Hold Back
Spending on travel and cars remains subdued as factory-gate prices fell for 19th straight month.The Wall Street Journal - World - China -
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Stock-market investors fear a consumer slowdown. Keep an eye on gasoline demand.
Investors are monitoring gasoline demand as they fret about the toll inflation is taking on consumers.MarketWatch - Business -
Globalization has been terrible for consumers, says ad legend Maurice Saatchi
The man behind many memorable ad campaigns has written a new book, ‘Orgasm,’ that aims to challenge some widely held political, societal and financial beliefsMarketWatch - Business -
Senate passes sweeping FAA bill focused on safety and consumer protections
The Senate late on Thursday overwhelmingly passed a broad aviation bill to boost air traffic controller staffing, increase funding to avert runway close-call incidents and speed refunds for canceled flights.NBC News - Top stories -
We're trimming this consumer goods stock that's been on a run over the past month
In keeping with our discipline when the S&P Oscillator is overbought, we're raising some cash this morning.CNBC - Business