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New Zealand's Jobless Rate Rises Sharply
New Zealand’s unemployment rate jumped sharply in the first three months of this year as the economy slumbered in an extended recession and high interest rates battered household budgets.The Wall Street Journal - World - New Zealand -
Gilt Yields Rise Ahead of U.S. Fed Rate Decision
Gilt yields climbed ahead of the Federal Reserve interest-rate decision, when the central bank could signal that interest-rate cuts will likely come later than previously expected.The Wall Street Journal - World - Federal Reserve -
China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China's government over the prospects for the world's second-largest economy.
China signaled a new campaign to rekindle flagging growth, a fresh sign of rising angst at the top of China’s government over the prospects for the world’s second-largest economy.The Wall Street Journal - World - China -
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.CNBC - Business -
Mammograms should start at 40 to address rising breast cancer rates at younger ages, panel says
Regular mammograms to screen for breast cancer should start younger — at age 40ABC News - Health -
The Dangerous Rise of GPS Attacks
Thousands of planes and ships are facing GPS jamming and spoofing. Experts warn these attacks could potentially impact critical infrastructure, communication networks, and more.Wired - Tech -
Elder fraud on the rise in the U.S.
Scams targeting people over 60 are on the rise in the U.S., with $3.4 billion being stolen just last year, according to a new FBI report. Nicole Sganga has the details.CBS News - Top stories -
Meta’s Ray-Ban Smart Shades Get a Fresh Blast of AI
Plus: Leaked details tell us more about the new Google Pixel 8A, Freitag’s environmentally conscious bag is entirely recyclable, and it’s time to unpack a whole bunch of tech acronyms.Wired - Tech -
Saracens face fresh blow after Vunipola arrest with Itoje set for suspension
Itoje cited for dangerous tackle during victory against BathVunipola could receive club punishment or RFU chargeSaracens’ woes have been compounded after Billy Vunipola’s arrest in Mallorca with Maro Itoje facing the prospect of a suspension that ...The Guardian - World -
From a Tiny Island in Maine, He Serves Up Fresh Media Gossip
Rusty Foster could never live in New York. But his hit newsletter, Today in Tabs, is an enduring obsession of the city’s media class.The New York Times - Lifestyle -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - World - European Union -
‘Big Bang’ EU countries risk losing competitive edge
Ten countries need new impetus after reaping early benefits of enlargement waveFinancial Times - Business - European Union -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.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 -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - World -
Trump Media shares rise again, jump 50% in the past week
The stock has had several volatile days in the past month, trading at a high of about $60 a share and a low of just over $20 per share.CNBC - Business - Donald Trump -
Intimacy coordinators are on the rise on film and TV sets. Here's what they do.
Intimacy coordination is a relatively new and growing field with movie and television productions required to make a good-faith effort to hire one if needed on set.CBS News - Entertainment -
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Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Top stories -
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Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Business -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
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 -
What to Watch for at Today’s Fed Meeting on Interest Rates
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Top stories - Federal Reserve -
The Fed's Case for Rate Cuts Simply Does Not Exist
Every new data dump proves inflation isn't going anywhere fast.Inc. - Business -
New Series I bond rate drops to 4.28%, but your rate could be much less if you bought at the peak
The fixed rate holds at 1.3% on new purchases for the next six months, but the inflation-adjusted rate is slightly lower than six months ago.MarketWatch - Business -
Adjustable-rate mortgage demand surges to highest level this year as 30-year rate keeps climbing
Mortgage applications fell 2.3% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 7.29%.MarketWatch - Business -
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Australian PM Albanese vows new funding to help women escape domestic violence after homicides rise
Australian Prime Minister Anthony Albanese has announced new funding to help women escape domestic violence and a crackdown on misogynistic online content in reaction to an uptick in homicides committed by current and former male partners that he ...ABC News - World -
Oil prices fall after industry data points to rise in U.S. crude inventories
Oil futures are on track for a three-day losing streak.MarketWatch - Business -
The UN's nuclear watchdog chief will visit Iran next week as concerns rise about uranium enrichment
The head of the United Nations’ nuclear watchdog will travel to Iran next week as Tehran’s nuclear program enriches uranium a step away from weapons-grade levels and international oversight remains limitedABC News - World - Iran -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
2024 NFL Draft TV ratings down despite strong 1st round
Viewership was still better than what the NFL Draft drew two years ago.Yahoo Sports - Sports - NFL -
What to Watch as the Fed Makes Its Interest Rate Decision
Policymakers are expected to leave borrowing costs unchanged, but investors are bracing for signals that rates will stay higher for longer.The New York Times - Business - Federal Reserve -
The Fed rate decision meeting is today. Here are the odds of a cut.
Inflation-weary consumers have also been slammed by high borrowing costs. Here's what economists expect the Fed to announce.CBS News - Top stories - Federal Reserve -
Fed expected to hold interests rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
S&P 500 Edges Lower Ahead of Interest-Rate Decision
The Dow ticked up slightly while the S&P 500 and Nasdaq Composite edged lower ahead of Federal Reserve decision on interest rates.The Wall Street Journal - World