Dollar Remaining Global Reserve Currency
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UK spending watchdog should probe Teesside freeport project, say MPs
Michael Gove urged to instruct the NAO to investigate concerns raised by review of flagship regeneration schemeFinancial Times - Business - United Kingdom -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Another pointless article about the UK’s strategic wine reserves
Return to the £3.66mn Cellar: The Plonky VersionFinancial Times - World -
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The pitfalls of a bullish dollar
Stronger US currency has risks for the global economy and could hamper disinflationFinancial Times - World -
Yen Rebounds After Hitting 34-Year Low of 160 to Dollar in Thin Trade
The Japanese yen bounced back sharply after briefly hitting a low of 160 against the dollar on waning expectations for near-term rate increases from the Bank of Japan.The Wall Street Journal - World -
'Silk' Review: Unspooling a Global Commodity
For thousands of years, moth larvae have been farmed for silk. Industries and economies still rely on the precious fibers.The Wall Street Journal - World -
Watch Out for a Global Wealth Tax
Will Biden and Yellen buy into the G-20 proposal for a 2% tax on assets?The Wall Street Journal - World -
Global delegates negotiate plastic pollution treaty
Representatives from across the world are gathering in Ottawa, Canada, to negotiate a potential treaty to limit plastic pollution. CBS News national environmental correspondent David Schechter has the latest on the talks.CBS News - Top stories -
Conservation is saving species, global study says
A first-of-its-kind study shows conservation is worth investing in, researchers say.BBC News - Top stories -
Top 20 Global Concert Tours from Pollstar
AP Global Top 20 Pollstar Week of 04/29/24ABC News - Entertainment -
Trump's allies are quietly drafting proposals that would attempt to erode the Federal Reserve's independence if the former president wins a second term.
Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term.The Wall Street Journal - World -
Bank of Japan could intervene this week to boost the yen as currency hits 34-year low
The Bank of Japan could intervene to support the yen as soon as Friday, possibly in a move coordinated with the Bank of Korea to help maximize its impact, according to Steven Barrow, head of G-10 strategy at Standard Bank.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 -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Business -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Top stories -
The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
Oil Falls as U.S. Dollar Strengthens on Inflation Concerns
Oil fell in early Asian trade as inflation concerns offset geopolitical risks.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
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 -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Columbia protest at a stalemate as students remain camped on lawn
Talks between protesting students and Columbia University remained at a stalemate Friday, demonstrators said, as a pro-Palestinian encampment seemed destined to stretch into its second weekend.NBC News - Top stories -
More remains found in torso murder inquiry
Police have identified the victim as a man is his 60s from Salford after remains were found in a nature reserve.BBC News - Top stories -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Football’s unlikeliest global brand: how Fleetwood made it big in the UAE
Despite relegation to England’s fourth tier, Cod Army have cast net to be like ‘City Football Group but on a much smaller scale’. Fleetwood United’s celebrations on becoming second division champions in the United Arab Emirates could not be ...The Guardian - World -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
Global heating and urbanisation to blame for severity of UAE floods, study finds
World Weather Attribution group says intensified El Niño effects caused torrential rain, but rules out cloud seeding as cause. Fossil fuels and concrete combined to worsen the “death trap” conditions during recent record flooding in the United ...The Guardian - World -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - World -
US no longer viewed as most influential global power in Africa: Survey
The United States is no longer viewed as the most influential global power in Africa, having been surpassed by China in a new survey from Gallup. The survey found that median approval ratings of the U.S. slipped from 59 percent in 2022 to 56 ...The Hill - Politics -
Apollo Global to Buy U.S. Silica in $1.85 Billion Deal
U.S. Silica Holdings has agreed to be taken private by Apollo Global Management in a deal that gives the industrial minerals company an enterprise value of roughly $1.85 billion.The Wall Street Journal - Business -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - Business -
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 -
Investors bet global central banks will be forced to delay rate cuts
Market expectations for loosening in Europe and UK pushed back as US grapples with a hot economyFinancial Times - World -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden