Global Growth Concerns
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U.S. Job Growth Slowed in April
The economy added 175,000 jobs last month, a slowdown in hiring. The unemployment rate ticked up to 3.9 percent.The New York Times - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar from week 05/06/2024ABC News - Entertainment -
Pro-Palestinian campus protests are going global
Pro-Palestinian demonstrations that have rocked college campuses in the United States are now gaining traction across the world as protesters join the movement globally.NBC News - Top stories -
Yellen argues that undercutting democracy threatens economic growth
Treasury Secretary Janet Yellen will argue in a Friday speech that democracy is under threat and that undercutting it will, in turn, threaten economic growth.MarketWatch - Business -
Apple vs. the world: Can the tech giant survive a global regulatory onslaught?
Apple has a strong track record fighting antitrust enforcers, but the global scope of its current fight is something new.MarketWatch - Business - Apple -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
Flight Centre's Top Executive Sees Growth Without Major M&A
Flight Centre’s top executive says the Australia-based travel company is well-positioned to grow without more major deals, though smaller acquisitions are still possible in specialized areas.The Wall Street Journal - World -
Yellen Calls Threats to Democracy Risks to U.S. Economic Growth
In a rare comment on politics--and an indirect swipe at former President Donald Trump--the Treasury Secretary says "democracy is critical to building and sustaining a strong economy."Inc. - Business -
Bombardier Sets Course Beyond Jet Making for Future Growth
The Canadian business-jet manufacturer said it plans to focus on three segments—defense, aftermarket services and selling pre-owned certified aircraft—as key pillars to grow its revenue and cash reserves in the coming years.The Wall Street Journal - World -
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Venomous snakes likely to migrate en masse amid global heating, says study
Researchers find many countries unprepared for influx of new species and will be vulnerable to bites. Climate breakdown is likely to lead to the large-scale migration of venomous snake species into new regions and unprepared countries, according ...The Guardian - World -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.The Wall Street Journal - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
U.S. job growth totaled 175,000 in April, much less than expected, while unemployment rose to 3.9%
Markets had expected job growth of 240,000 and the unemployment rate to hold at 3.8%.CNBC - Business -
Hope Hicks: 'Very concerned' Access Hollywood tape would hurt Trump
Hicks, a 2016 Trump campaign spokesperson, said her initial response to reporters asking about the tape was "deny, deny, deny".BBC News - Top stories - Donald Trump -
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‘So inappropriate.’ Dave & Buster’s plans to allow gambling, and an Illinois lawmaker is trying to stop it.
‘I think there are some spaces and environments that are just not appropriate for gambling to be pushed on people, especially places where there are lots of children,’ says Illinois state Rep. Dan DidechMarketWatch - Business -
Cardinals' surprisingly bad start to 2024: Reasons for optimism (pitching) and major concern (hitting)
St. Louis is already hovering near last place in the NL CentralCBS Sports - Sports -
Oil prices on track for weekly declines as concerns over Middle East supply risks fade
Oil futures inched lower in Friday dealings, with easing concerns about potential supply disruptions in the Middle East, strength in U.S. production, and signs of slowing demand setting prices up for their largest weekly percentage loss since ...MarketWatch - Business -
Trump trial updates: As Hope Hicks testifies, Trump looks away
Follow the latest developments in former President Donald Trump's criminal hush money trial in New York.ABC News - Top stories - Donald Trump