Higher Calling
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Alstom to Cut Costs, Forecasts Higher Profits
Alstom said adjusted earnings rose 17% with an improved margin and guided for further profit growth in 2025, as it looks to cut overheads and procurement costs.The Wall Street Journal - Business -
Dow Edges Higher, Nasdaq Slips; Uber, Lyft Shares Diverge
U.S. stocks were mixed as first-quarter earnings season nears its end.The Wall Street Journal - World -
10-year Treasury yield finishes higher for first time in six sessions
Yields on U.S. government debt closed higher on Wednesday after lackluster demand at a 10-year-note auction left the Treasury market’s selling momentum intact.MarketWatch - Business -
Asian Currencies Consolidate, May Be Weighed by Mostly Higher U.S. Yields
Asian currencies consolidated against USD in the morning session, but may be weighed by mostly higher U.S. Treasury yields.The Wall Street Journal - World -
Oil prices end higher after dipping to eight-week lows as U.S. crude supplies fall
Oil futures settled higher on Wednesday, finding support after a brief dip to their lowest levels in about eight weeks, as U.S. government data showed an unexpected weekly decline in domestic crude inventories.MarketWatch - Business -
The Powell paradox: How the Fed chair’s words keep interest rates higher for longer
The Federal Reserve must closely monitor the impact of its public statements on market expectations and price levels, adjusting its communication strategy accordingly.The Hill - Politics - Federal Reserve -
Credit scores got ‘artificially higher’ during COVID. Now many borrowers can’t pay their debts.
Pandemic-era policies appear to have produced “artificially higher” consumer credit scores, according to Columbia Threadneedle.MarketWatch - Business -
Pirates to call up top pitching prospect Skenes
The Pirates are calling up star prospect Paul Skenes, and the hard-throwing right-hander is expected to debut Saturday at PNC Park against the Cubs.ESPN - Sports -
Bayern fume at offside call 'disgrace' in UCL exit
Bayern Munich manager Thomas Tuchel said the linesman apologised to him for a late offside call in his side's exit from the Champions League against Real Madrid on Wednesday.ESPN - Sports -
TikTok files lawsuit calling potential US ban ‘unconstitutional’
TikTok is suing the U.S. government over its efforts to ban the social media app if its parent company ByteDance doesn’t sell the social media platform in the next year. TikTok lawyers say it’s a violation of the First Amendment. NBC’s Savannah ...NBC News - Politics - Tiktok -
Fetterman calls situation in Gaza 'heartbreaking,' defends his support of Israel
Sen. John Fetterman (D-Pa.) described the humanitarian situation as “heartbreaking,” while arguing only Hamas is able to end the war with Israel. Fetterman, a steadfast supporter of Israel, told USA Today in an interview published Wednesday that ...The Hill - Politics - Israel -
Doug Emhoff calls on men to help advocate for abortion rights: Full interview
In an exclusive interview with NBC News' Yamiche Alcindor, second gentleman Douglas Emhoff discusses why he's urging men to get more involved with abortion rights advocacy. Emhoff also addressed the work he and the Biden administration are doing ...NBC News - Politics - Abortion -
NAACP calls on Biden to pardon Marilyn Mosby, who they say was Trump victim
The NAACP on Tuesday led a group of civil rights organizations in calling for President Biden to pardon Marilyn Mosby, a former state's attorney for Baltimore. Mosby was convicted in February on a federal charge of making a false mortgage ...The Hill - Politics - Joe Biden