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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 -
Oil prices rise as crude inventories fall and U.S. inflation eases
West Texas Intermediate and Brent are flat for the week. The contracts have lost 4% and 5.8%, respectively, for the month.CNBC - 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 -
Hong Kong Shares Extend Losses at Midday Amid Profit Taking
Hong Kong shares extended losses at midday amid profit-taking. Investors may be cautious on increasing their position after HSI’s recent rally, Maybank said.The Wall Street Journal - World - Hong Kong -
How fast is UK inflation falling?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - United Kingdom -
A New Centrism Is Rising in Washington
Call it neopopulism: a bipartisan attitude that mistrusts the free-market ethos instead of embracing it.The New York Times - Top stories -
The Rise of a New Centrism
In Washington, despite polarization, bipartisanship has somehow become normal.The New York Times - Top stories -
How Zola's Co-founder Learned the Importance of Setting Clear Expectations
Growth requires accountability.Inc. - Business -
NFL schedule reaction: 10 most important fantasy matchups of 2024
The NFL schedule release, much to the chagrin of Andy Behrens, has become a thing. But here on the Yahoo Fantasy pod, we take the schedule release and turn it into a goldmine of fantasy content and conversation. Now that we know the when, Dalton ...Yahoo Sports - Sports - NFL -
Kevin Spacey: 'Tremendously important' #MeToo movement has shifted 'in the direction of unfairness'
Kevin Spacey says while the #MeToo movement has been "tremendously important," the pendulum has "swung very, very far in the direction of unfairness." "I think, first of all, we live in a country that embraces and believes in due process, and ...The Hill - Politics -
A Judge Ruled That Tacos Are Sandwiches. Here's Why That's Important for Food Entrepreneurs
An Indiana judge ruled that tacos and are 'Mexican-style sandwiches' in an entrepreneur's case challenging zoning laws restricting certain restaurant activities.Inc. - Business -
Senate Inquiry Finds BMW Imported Cars Tied to Forced Labor in China
The report also found that Jaguar Land Rover and Volkswagen bought parts from a supplier the U.S. government had singled out for its practices in Xinjiang.The New York Times - Top stories - China -
BMW and JLR imported banned Xinjiang part to US, Senate probe finds
Carmakers did not immediately take action after being told of component made by company linked to Uyghur forced labourFinancial Times - Business -
Cramer explains why it's important to acknowledge the Dow 40,000 milestone
Cramer stressed how the Dow's record was propelled by stocks in a variety of sectors beyond technology, including industrials, pharmaceuticals and banks.CNBC - 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 -
The WSJ Dollar Index Rises 0.2%
The WSJ Dollar Index was up 0.2% to 99.16 — snapping a three-trading-day losing streak.The Wall Street Journal - World -
Biden Moves to Protect U.S. Solar Panel Makers From Cheap Chinese Imports
Added tariffs and better access to subsidies for domestically made panels will play to voters and could further the U.S. adoption rate for sustainable power equipment.Inc. - Business - Joe Biden -
ChatGPT now lets you import files directly from Google Drive, Microsoft OneDrive
Users can find it by clicking the tiny paper clip icon to the left of their prompt/text entry bar at the bottom of the ChatGPT interface.VentureBeat - Tech - Google -
Olympic champion Gabby Douglas' comeback takes another important step at the U.S. Classic
Olympic gymnastics champion Gabby Douglas’ comeback following an eight-year layoff will take another important step at the U.S. ClassicABC News - Sports -
Demanding a haircut without talking is just rude – how important do you think you are? | Barbara Ellen
The chat-free salon session is now a thing, but is it really that hard to feign a bit of interest in your stylist’s love life and holiday plans?. How important are you? So important that only other important people are permitted to speak to you? ...The Guardian - World -
China hinted at potential retaliation in response to the EU's investigations into Chinese companies and launched an antidumping probe into chemical imports.
China hinted at potential retaliation in response to the EU’s investigations into Chinese companies and launched an antidumping probe into chemical imports.The Wall Street Journal - World - China -
Comex Gold Settles Lower, Silver Rises
Gold settled 0.4% lower, snapping a two-session winning streak, and silver rose 0.5%, up for a third consecutive session.The Wall Street Journal - World -
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Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - World -
Dow rises above 40,000 for first time in history
For the first time ever on Thursday, the Dow Jones average rose about 40,000, providing new optimism about the economy. CBS News business analyst Jill Schlesinger breaks down what it means.CBS News - Top stories -
Confirmed cases from parasite outbreak rises to 46
Forty-six cases of a diarrhoea-type illness confirmed in Devon as company says it's located the source of entry for parasites.BBC News - Top stories -
Sunaks' wealth rises to £651m in latest rich list
Rishi Sunak and his wife Akshata Murty are richer than King Charles, according to The Sunday Times.BBC News - Top stories -
Alibaba Shares Rise as Investors Grow Confident in Outlook
The e-commerce giant’s shares rose in Hong Kong, recouping losses from a day earlier as investors turned upbeat on its latest earnings release.The Wall Street Journal - Business -
3 moves to avoid as gold's price rises
Considering buying gold at today's high price? Then you'll want to avoid making these three moves.CBS News - Top stories -
As American global hegemony ends, multi-alignment rises
Unlike the rigid alliances of the Cold War, multi-alignment involves a strategic flexibility that empowers nations to navigate the complexities of a multipolar world.The Hill - Politics -
Oil Prices Rise But Stay Stuck in Narrow Range
Oil futures edged higher with the market awaiting OPEC’s next move, with three possible scenarios for the June 1 meeting—extend, unwind or completely remove the voluntary cuts of 2.2 million barrels a day.The Wall Street Journal - World -
The WSJ Dollar Index Rises 0.2% to 99.33
The WSJ Dollar Index was up 0.2% to 99.33 — up for two of the past three trading days.The Wall Street Journal - World -
It Was a Rising Star of the Far Right. Now It's a Scandal Magnet.
Accused of extremism, corruption and infiltration by Chinese spies and Russian propagandists, Germany’s AfD has been hemorrhaging support.The Wall Street Journal - World -
Inflation-Weary Viewers Boost Netflix Ad-Supported Discount Subscriptions
The video streaming company more than doubled viewers of its cheaper offer with ads in its content since January, and plansto boostrevenueby starting its own ad serving platform.Inc. - Business - Netflix