Government Raises Risk
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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 -
Philly's playoff exit raises a slew of questions -- and dramatically answered another
Injuries continue to haunt Joel Embiid and the 76ers as they exit the playoffs. But, behind Tyrese Maxey's rise and an offseason full of options, Philly has reasons for optimism.ESPN - Sports -
Fed’s Bowman says she’s still willing to raise rates
“I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the progress on inflation has stalled or reversed,” Fed Governor Michelle Bowman said Friday.MarketWatch - Business -
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Gas Stove Pollution Risk Is Greatest in Smaller Homes, Study Finds
Gas-burning ranges, a significant contributor to indoor pollution, can produce and spread particularly high levels of some pollutants in smaller spaces.The New York Times - World -
SocGen defends risk controls after unauthorised trading incident
French bank reports smaller than expected drop in profit after strong performance in equities tradingFinancial Times - Business -
The Government-Spending Jobs Boom
Most new jobs are in healthcare, government and social assistance.The Wall Street Journal - World -
‘I decided to not let anybody silence my voice’: the journalists in exile but still at risk
Threats from the state have led many journalists across the world to flee their home countries to report from elsewhere. But for many the intimidation did not stop when they left. Illustrations by Joe McKendry. Fardad Farahzad, journalist, Iran ...The Guardian - World -
The Latest | Israel's planned invasion of Rafah risks killing hundreds of thousands, UN says
The United Nations humanitarian aid agency says hundreds of thousands of people would be “at imminent risk of death” if Israel carries out a military assault in the southern Gaza city of RafahABC News - World - Israel -
Oil prices log worst week since February as concerns over Middle East supply risks fade
Oil futures finished lower Friday — with easing concerns over potential supply disruptions in the Middle East, strong U.S. production and signs of slowing demand prompting prices to register their largest weekly percentage loss since early February.MarketWatch - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Private equity firms step up plans to edge banks out of low-risk lending
Apollo issues record $40bn of loans in the first quarter, mirroring growth at rivals including KKR and BlackstoneFinancial Times - Business -
Government defeated in High Court over climate plans
Activists argued that the plan for cutting emissions would not meet the UK's climate targets.BBC News - Top stories - Climate -
Government remains essential for the nation’s financial stability and prosperity
As we have detailed in our book, government has built our country by steering the market from the first presidential administration to the current one.The Hill - Politics -
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The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.
The FTC said former Pioneer CEO Scott Sheffield attempted to collude with OPEC officials to raise oil prices and referred the allegation to the Justice Department for a potential criminal probe.The Wall Street Journal - World -
UK's governing Conservatives suffer big losses in local elections
Britain’s governing Conservative Party is suffering heavy losses as local election results pour in Friday, which are cementing expectations that the Labour Party is headed for power for the first time in 14 years at a U.K. general election that ...ABC News - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World