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JD.com Beat Estimates With Higher Profit, Sales
Chinese e-commerce giant JD.com posted a rise in quarterly profit, beating estimates as its core businesses grew despite fierce competition with peers such as Alibaba and PDD.The Wall Street Journal - Business -
Stocks Mixed After 40000 Milestone
Stocks were mixed after major U.S. markets pulled back from their record highs on Thursday.The Wall Street Journal - World - Stock Market -
Comex Gold Ends 1.4% Higher at $2412.20
Front Month Comex Gold for May delivery gained 1.4% to $2412.20 — a fresh record highThe Wall Street Journal - World -
Fixed income should have more love in a ‘higher and hold’ world
The prospects for returns are much brighter, with bond yields at the highest levels since the global financial crisisFinancial Times - World -
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Treasury yields end higher for first time in four sessions
Rates on U.S. government debt closed higher on Thursday, with 10- and 30-year yields bouncing off their lowest levels since early April, after a fresh round of data.MarketWatch - Business -
Stock market looks strong enough to stay in this higher orbit
Momentum has taken over the moment.MarketWatch - Business -
Oil Prices Rise on Positive Inflation Data, Stockpile Falls
Oil prices rose, with positive sentiment supported by positive economic data and a fall in inventories.The Wall Street Journal - World -
30-year Treasury yield falls for 3rd straight week after data indicate ‘serious headwinds’ for U.S. economy
Rates on U.S. government debt finished slightly higher on Friday even after new Conference Board data pointed to softer economic conditions ahead. However, yields finished lower for the week, with the 30-year rate experiencing its third straight ...MarketWatch - Business -
Oil scores weekly gains, with U.S. prices ending above $80 for first time this month
Oil futures climbed Friday, contributing to gains for the week and prompting U.S. benchmark prices to settle above $80 a barrel for the first time this month, as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
Honduran city’s air pollution is almost 50 times higher than WHO guidelines
San Pedro Sula is rated ‘dangerous’ as effects of forest fires, El Niño and the climate crisis cause a spike in respiratory illnesses. The air quality in San Pedro Sula, the second-largest city in Honduras, as been classified as the most polluted ...The Guardian - World -
Witness testimony expected to begin in Bob Menendez trial
Sen. Bob Menendez of New Jersey is accused of trading his influence and power to foreign governments.CBS News - Top stories -
The WSJ Dollar Index Was Flat at 99.16
The WSJ Dollar Index was flat at 99.16, and was down four of the past five trading days.The Wall Street Journal - World -
Natural Gas Futures Rise With Some Help From Texas Storm
Natural gas futures rose 5% on a storm in Texas and as U.S. inventories shrink ahead of higher cooling demand.The Wall Street Journal - World -
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 -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
Jalen Brunson's latest masterpiece: Putting on a show that everybody expected
When Jalen Brunson looks like Jalen Brunson, the Knicks win; when he doesn’t, they don’t.Yahoo Sports - Sports -
Honda expects hybrid boom to last until end of decade
Consumers have turned to hybrids because of worries about EV costs and charging infrastructureFinancial Times - World -
US green energy push expected to generate $47bn market in tax credits
Oil companies, banks, private equity and others partner with renewables developers to offset liabilitiesFinancial Times - World -
Natural Gas Up Amid Lower-Than-Expected Inventory Build
Natural gas prices rose for a second consecutive day as U.S. storage grew less than expected.The Wall Street Journal - World -
China consumption slows as retail sales and investment data disappoint
China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.CNBC - Business - China -
The Dodgers' Shohei Ohtani bobblehead night was as packed as you'd expect
We've finally discovered what will get Dodgers fans to show up early.Yahoo Sports - Sports - MLB -
easyJet Expects Summer Demand to Boost Earnings; Replaces CEO
EasyJet said its CFO, Kenton Jarvis, will replace the departing CEO Johan Lundgren early next year as it reported a narrower loss in the first-half ahead of a busy summer season.The Wall Street Journal - Business -
Global Economy Will Grow More Than Expected, UN Report Says
An update to January forecasts suggests the world's economic growth rate will hit 2.7 percent in 2024, thanks to a better U.S. outlook and improved prospects for some larger emerging economies.Inc. - Business -
China's consumption and investment slowed in April, while industrial output beat expectations.
China’s consumption and investment slowed in April, while industrial output beat expectations.The Wall Street Journal - World - China -
Cavaliers' Donovan Mitchell reportedly expected to miss Game 5 vs. Celtics with calf strain
Mitchell is missing his second consecutive game.Yahoo Sports - Sports - NBA