Debt Ceiling Global Stock Indexes
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Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.The Wall Street Journal - World -
Keep cool with the best ceiling fans of 2024
Get relief from the heat with these customer-loved ceiling fans from Wayfair, Amazon, Lamps Plus and more.CBS News - Top stories -
The WSJ Dollar Index Rises 1.81% This Month to 100.81
The dollar firmed across the board on the session and posted its best monthly performance since January.The Wall Street Journal - World -
U.S. manufacturing improvement goes into reverse in April: ISM
Manufacturing PMI slumps to 49.2%, prices jump to highest since June 2022MarketWatch - Business -
What types of debt can debt relief help with?
Debt relief may not help with all types of debt. Find out what types of debt most debt relief services help with.CBS News - Top stories -
McDonald's Boosts Promos as Boycotts Hit Global Sales
On an earnings call, CEO Chris Kempczinski says inflation is cutting diner budgets and Muslim-majority markets are experiencing slower sales.Inc. - Business -
How shale rewrote the global oil order
What’s keeping oil prices from jumping higher?Financial Times - World -
Using debt to finance government spending is not a free lunch
Government debt can be a valuable tool — but it has consequences.MarketWatch - Business -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - Business -
5 takeaways from the global negotiations on a treaty to end plastic pollution
Nations finished a round of negotiations early Tuesday on a treaty to end plastic pollution and made more progress than they have in three prior meetingsABC News - World -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
Lobbying World: Global Business Alliance taps next president and CEO
The Global Business Alliance (GBA) announced that Nancy McLernon will retire as president and CEO at the end of the year. McLernon, who founded GBA in 1990, grew the organization from less than a dozen members into an influential voice for more ...The Hill - Politics -
Record Number of Writers Were Jailed Globally in 2023, PEN America Says
For the first time, China has more than 100 incarcerated writers, and Israel and Russia entered the list of the 10 countries with the most imprisoned writers.The New York Times - World -
Global inflation and interest rates tracker: see how your country compares
Inflationary pressures are beginning to wane but not all central banks have taken action yet. See how this affects youFinancial Times - Business -
It’s Not Just Gaza: Student Protesters See Links to a Global Struggle
In many students’ eyes, the war in Gaza is linked to other issues, such as policing, mistreatment of Indigenous people, racism and the impact of climate change.The New York Times - Top stories -
On global stage, Rupaul's Drag Race winner says the word China hates
Taiwan is celebrating the latest winner of 'RuPaul's Drag Race,' Nymphia Wind, after she called the island a country.Los Angeles Times - Entertainment - China -
Dutch city pilots radical debt cancellation scheme for poor families
Councillor in Arnhem says existing system to resolve issues caused by debt costs billions and isn’t working. The Dutch city of Arnhem is going to cancel the debts of some of the poorest families in the Netherlands in an attempt to break a ...The Guardian - World - Netherlands -
Blue-green algae get a bad press – but we owe a debt of gratitude
While some cyanobacteria are among the deadliest organisms in the world, others help us flourish. Blue-green algae, or cyanobacteria, come in many forms and have generally got a bad press, mainly because five of the 2,000 identified species can ...The Guardian - World -
Biden forgives more than $6B in student debt for 317K defrauded borrowers
The Biden administration announced Wednesday it would be forgiving $6 billion in student debt for borrowers who attended the Arts Institutes. The 317,000 borrowers will receive the relief after it was discovered the school “falsified data, ...The Hill - Politics - Joe Biden -
Biden Cancels $6.1 Billion in Debt for Former Art Institute Students
The announcement covers 317,000 former students and marks another step in the administration’s student loan relief efforts.The New York Times - Business - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Politics - Joe Biden -
Biden is forgiving $6.1 billion in student debt for 317,000 people
The Biden administration said it's erasing debt for people who attended the for-profit Art Institutes, which shut down in September.CBS News - Top stories - Joe Biden -
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What the Fed's interest rate pause means for your credit card debt
The Federal Reserve kept its federal funds rate unchanged. Here's what that means for your credit card debt.CBS News - Top stories -
Japan's Kishida will stress rules-based global order, support for emerging nations at OECD meeting
Japan’s Prime Minister Fumio Kishida says he will stress the need for a rules-based international order when he attends a meeting of the Organizations for Economic Cooperation and Development in ParisABC News - World -
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Global film and TV production down 7% this year following Hollywood strikes, report says
Global film and TV production in the first quarter of 2024 was down 7% from the same time last year, according to a report by ProdPro.Los Angeles Times - Entertainment -
Biden administration to cancel $6.1 billion in student debt for borrowers who were scammed by single school
The Department of Education is cancelling $6.1 billion worth of student debt for 317,000 borrowers who were scammed by their school, officials announced Wednesday.MarketWatch - Business - Joe Biden -
Biden administration forgives $6.1 billion in student debt for 317,000 former Art Institute students
The Biden administration announced that it would forgive more than $6.1 billion in student debt for 317,000 former students of the Art Institutes.CNBC - Business - Joe Biden -
The Fed would only cut rates to help the U.S. service its soaring debt, fund manager says
The reason the Fed may be tempted to cut rates would be to help the U.S. cover interest payments on the national debt, according to fund manager Freddie Lait.CNBC - Business -
The Fed is stuck, and so are stocks
Growth is still strong and inflation too highFinancial Times - World - Federal Reserve -
The Stock Market Could Be Calmer
The Fed’s interference creates volatility and raises capital costs.The Wall Street Journal - World -
Stocks Slip, Extending April Pullback
Indexes finished a downbeat month ahead of the Fed meeting and jobs data.The Wall Street Journal - World -
I’m 62 with no debt and a part-time job. My advisers say keep saving, but my kids say spend — do I go for a Roth 401(k)?
“My salary was never high and I lived a frugal life to accumulate these savings.”MarketWatch - Business -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
Pinterest Stock Jumps on Higher Revenue, Narrower Loss
Pinterest shares jumped after the social-media platform reported higher quarterly revenue and a narrower loss.The Wall Street Journal - World -
Reclassifying Cannabis Still Leaves Pot Stocks in Limbo
Marijuana may soon be considered a less dangerous drug, but it is a long way from being treated like alcohol or tobacco.The Wall Street Journal - World