Cutting Back
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Japan used $59bn to prop up the yen but consumers may still cut back
Government interventions this week fail to ease concerns about plunging currencyFinancial Times - Business - Japan -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - World - China -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
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Should Peloton Bring Back Founder John Foley?
Steve Jobs is the gold standard, but a boomerang founder is no guarantee of success.Inc. - Business -
Noonan and a Culture Held Back by a Lack of Limits
It is the theater of the absurd.The Wall Street Journal - 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 -
‘Second renaissance’: tech uncovers ancient scroll secrets of Plato and co
Researchers and Silicon Valley are using tools powered by AI to read what had long been thought unreadable. More than 2,000 years after Plato died, the towering figure of classical antiquity and founder of the Academy, regarded by many as the ...The Guardian - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Best streaming platforms for watching live TV after cutting the cord with cable
Find out which streaming platform is right for you, and the difference between Fubo, Sling TV and Hulu + Live TV.CBS News - Top stories -
Jobs Data Revives Wall Street’s Hopes for a Rate Cut
A cooler-than-expected jobs report for April shifted the tone on Wall Street, rekindling investors’ expectations that the Federal Reserve may cut rates soon.The New York Times - Business -
'It's special': Chemistry powers Knicks past 76ers in Game 6
An epic first-round series between New York and Philadelphia ended with yet another epic game. Would you expect anything less?Yahoo Sports - Sports - NBA -
Some NASA Satellites Will Soon Stop Sending Data Back to Earth
Three long-running satellites will soon be switched off, forcing scientists to figure out how to adjust their views of our changing planet.The New York Times - World - NASA -
US employers scaled back hiring in April but still added 175,000 jobs
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job marketABC News - Top stories -
Giving away local power has come back to bite the political centre
The UK is too centralised, but experiments with devolution are in their infancy and still have mixed resultsFinancial Times - Business -
TikTok, Facing US Ban, Tells Advertisers It Won’t Back Down
Hundreds of marketers and ad agency types flocked to TikTok’s annual sales presentation after a new law put its future in question.The New York Times - Business - Tiktok -
Greene fires back after Fox News columnist calls her an 'idiot'
Rep. Marjorie Taylor Greene (R-Ga.) took a shot at Fox News after a columnist for the outlet called her "an idiot" who is trying to "wreck the GOP." “Fox News called me an idiot. That was literally their headline. They called me an idiot," Greene ...The Hill - Politics -
AI Could Breathe Life Back into Apple's iPhone Sales
Apple — and investors — are looking to artificial intelligence to breathe new life into its offerings, particularly as iPhone sales continue to sputter.The Wall Street Journal - World - Apple