Debt Soars Warns Watchdog
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Watchdog criticises England water clean-up plans
Targets to improve England's rivers, lakes and coastal water will fall well short, a key watchdog finds.BBC News - Top stories -
Ministers have failed to implement laws on water quality in England, says watchdog
Office for Environmental Protection says government and Environment Agency ‘not on track’ to meet goalsFinancial Times - World -
Impact of U.S. debt on Generation Z
In a recent op-ed, a former White House economist and a former Labor Department employee warn of the burden U.S. debt will have on Gen Z and blame mistakes by the Treasury Department when interest rates were low. CBS News business analyst Jill ...CBS News - Top stories -
Disease and hunger soar in Latin America after floods and drought, study finds
Climate chaos is threatening food production, trade and lives, says World Meteorological Organization. Hunger and disease are rising in Latin America after a year of record heat, floods and drought, a report by the World Meteorological ...The Guardian - World -
Soaring number of migrants trapped in Yemen face abuse and starvation, say NGOs
Urgent funding needed to help people return home as humanitarian crisis reaches critical levels, according to migration organisation. The number of African migrants stranded in Yemen, many of whom endure “horrifying and brutal” violence while ...The Guardian - World -
With inflation soaring, Argentina will start printing 10,000 peso notes
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10ABC News - World -
New York City's watchdog agency launches probe after complaints about the NYPD's social media use
New York City’s watchdog agency says it has launched a probe into allegations that the New York City Police Department has improperly used its official social media accounts to target public officials and private citizensABC News - Tech - New York -
The Anti-Met Gala Raises Funds for Medical Debt
The red carpet featured noncelebrity guests in homemade costumes. “This is a better function, with a better message,” one guest said.The New York Times - Lifestyle -
Congressional progressives want to eliminate medical debt
Presented by AstraZeneca — Around 14 million Americans owe more than $1,000 in medical debt. {beacon} Health Care Health Care The Big Story Congressional progressives want to eliminate medical debt Sen. Bernie Sanders (I-Vt.) is leading an ...The Hill - Politics -
Reddit shares soar 11% after company reports revenue pop in debut earnings report
Reddit reported a big increase in sales for the first quarter and said second-quarter revenue will jump by more than 30%, based on the midpoint of the range.CNBC - Business -
Exclusive: RunPod secures $20M from Dell and Intel as demand soars for AI clouds
RunPod’s platform attracts over 100,000 developers with focus on iteration speed and ease of use.VentureBeat - Tech -
Price of engineered-wood siding soars 38%, fueling earnings beat for LP Building
LP Building’s stock took flight Wednesday toward a fresh record close, after the wood building products maker beat first-quarter earnings expectations and raised its full-year outlook.MarketWatch - Business -
Snap takes advantage of recent stock surge to sell convertible debt
Snap’s stock pulled back Wednesday after the parent of the video-messaging app Snapchat planned to take advantage of the recent runup in its stock price to sell convertible debt.MarketWatch - Business -
Bernie Sanders and Ro Khanna reveal bill to ‘cancel all medical debt’
Exclusive: legislation creates a program to cancel all existing patient debt and block creditors from collecting past medical bills. Two prominent progressive lawmakers, the Vermont senator Bernie Sanders and California congressman Ro Khanna, ...The Guardian - World -
Emerging market junk bonds are top performers in sovereign debt markets
Resilience of global economy, higher commodity prices and support from IMF help drive returns for lower-rated bondsFinancial Times - Business -
Home builders’ stocks have soared since we said they were cheap. These five are expected to grow profits rapidly through 2025.
Demand for new homes has been strong, despite high mortgage-loan rates.MarketWatch - Business -
Fitch cuts NYCB’s debt rating deeper into junk territory but says outlook remains stable
Analyst cites “weaker earnings and profitability profile in addition to execution risk.”MarketWatch - Business -
Credit scores got ‘artificially higher’ during COVID. Now many borrowers can’t pay their debts.
Pandemic-era policies appear to have produced “artificially higher” consumer credit scores, according to Columbia Threadneedle.MarketWatch - Business -
Mellman: Trump's warning about America and the demonstrations
Politicians who appear to capitulate to the demands of the mob have much to lose and little to gain — unless your goal is to assist Trump.The Hill - Politics - Donald Trump -
McCarthy vs. Gaetz: The GOP’s never-ending feud
Seven months after the Florida firebrand led the ouster of the former speaker, tempers are running hotter than ever — with McCarthy lauding Gaetz's new primary challenger.Politico - Politics - House -
Cupcakes and ticket warnings: Paris ready for sellout Taylor Swift shows
Even in a country less keen on US pop, singer’s arrival is a big deal, boosting business for everyone from hotels to bakeries. She may be the owner of a bakery in the centre of a city famous for its millefeuilles and religieuses, but in recent ...The Guardian - World