German Inflation Fell
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Li Auto Profit Fell on Higher Operating Expenses
The Chinese electric-vehicle maker forecast rising demand for its vehicles in the second quarter after its first-quarter profit was hurt by a steep rise in research and other operating expenses that offset higher sales.The Wall Street Journal - World -
Funeral for boy, 5, who fell from block of flats
"Beautiful and caring" Aalim Makail, who died on Thursday, was buried at a local mosque on Saturday.BBC News - Top stories -
Macy’s stock rises as sales beat views, thanks to Bloomingdale’s and Bluemercury
Macy’s stock rose Tuesday, after the department store chain reported fiscal first-quarter results that fell from a year ago but that beat expectations, and nudged up its full-year outlook.MarketWatch - Business -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
113-year-old tower in Death Valley National Park felled by traveler trying to get vehicle out of mud
A historic wooden tower was inadvertently felled by a traveler who used it to winch a vehicle stuck in mud in California's Death Valley National Park, federal officials said.NBC News - Top stories -
My summer of love and lust: I fell for a Ukrainian rocker – but was I just a groupie?
For one memorable season in the 90s, I travelled with a group called Colney Hatch. It gave me a fleeting but fascinating window into the treatment of women who are ‘with the band’. ‘Everyone knows you would do absolutely anything for him. You can ...The Guardian - World - Ukraine -
Georgia QB Jaden Rashada sues Florida coach Billy Napier and booster over NIL deal that fell apart in 2022
Rashada was allegedly promised over $13 million to sign with the Gators out of high school.Yahoo Sports - Sports - Florida -
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German group accused of plotting coup go on trial
The group believed that Queen Elizabeth II's death might have been a secret signal to act.BBC News - Top stories - Germany -
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Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business -
U.K. Inflation to Settle Below 2% Target
Inflation in the U.K. could soon be “too low,” beneath Bank of England forecasts that expect it to rebound after a fall in April, Capital Economics’ chief U.K. economist Paul Dales says.The Wall Street Journal - World - United Kingdom -
Surging Hospital Prices Are Helping Keep Inflation High
Hospital prices last month notched their highest increase in 13 years. The hikes are a reason U.S. inflation remains elevated.The Wall Street Journal - Business -
Canadian Inflation Expected to Show Further Cooling
Canada’s inflation report for April is likely to reinforce that conditions warrant a quarter-point interest rate cut, Royal Bank of Canada’s Nathan Janzen and Carrie Freestone say.The Wall Street Journal - World -
Phoenix is beating the rest of the country on inflation — on paper anyway
Phoenix is closer to winning the war on inflation than most other cities.NBC News - Top stories -
Tariffs Push Up Costs. But Not Always Inflation
Biden’s decision to raise tariffs on roughly $18 billion of goods from China has revived a long-running debate in economics over who ultimately pays such tariffs.The Wall Street Journal - World -
UK set for slower inflation than Eurozone and US
Drop in household energy bills set to push price growth close to Bank of England targetFinancial Times - Business - United Kingdom -
Australia unleashes rent and energy relief as inflation bites
Cost of living crisis divides country between homeowners and rentersFinancial Times - World - Australia -
Parents Are Feeling the Pain of Inflation and Child-Care Costs
An annual survey from the Fed maps how Americans perceive the economy and their own situations.The Wall Street Journal - World -
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.
GameStop shares fell 20% after the videogame retailer said that it would sell up to 45 million more shares and that sales were continuing to slide sharply.The Wall Street Journal - World -
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German Bunds Seen More Attractive Than U.S. Treasurys in Near Term
German Bunds look to offer more value versus Treasurys during the countdown to ECB interest-rate cuts, but major rallies in Bunds are unlikely, Societe Generale said.The Wall Street Journal - World - Germany -
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Protesters vow to keep up pressure on Tesla as it expands German gigafactory
Town of Grünheide approved the US automaker’s plan on Thursday to double the capacity of the site, despite opposition. Environmental protesters vowed to keep up the pressure on Tesla after failing to stop plans by Elon Musk’s company from ...The Guardian - World - Tesla -
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German parliament approves plans to relax strict restrictions on family names
The German parliament has approved plans to relax strict restrictions on family names — clearing the way, among other things, for couples to take double-barreled surnames and pass them on to their childrenABC News - World - Germany -
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