Inflation Pressures Mount
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Review: Phish's Las Vegas Sphere spectacle was the opposite of rock-star self-glorification
The veteran jam band took advantage of the venue's cutting-edge technology while keeping the focus on its music and its community.Los Angeles Times - Entertainment -
Doomed Mount Everest climber's final letter to wife revealed
In his final letter before he vanished on Mount Everest, George Mallory said his chances of reaching the world's highest peak were "50 to 1 against us."CBS News - World -
Doomed Mount Everest climber's final letter to wife revealed
In his final letter before he vanished on Mount Everest, George Mallory said his chances of reaching the world's highest peak were "50 to 1 against us."CBS News - Top stories -
Singapore's Inflation Unexpectedly Cools to Over Two-Year Low
Singapore’s easing but still high levels of inflation will likely add to expectations that the central bank will keep monetary policy settings steady.The Wall Street Journal - World -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - Business - United Kingdom -
Could interest rate hikes be keeping inflation high?
The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates are at bringing down price increases – and if they could be fueling the problem. Standard economic thinking says that higher interest rates ...The Hill - Politics -
UK grocery inflation falls to 30-month low
Grocery price growth eases to 3.2% in four weeks to mid-April as retailers focus on special offersFinancial Times - World - United Kingdom -
Step Up Pressure on Iran's Proxies
Tehran’s direct attack on Israel demonstrates the urgency of defeating the Axis of Resistance.The Wall Street Journal - World - Iran -
George Mallory’s final letters to wife published 100 years after fatal Mount Everest climb
British mountaineer died trying to reach summit in 1924 with his colleague, Sandy Irvine, whose body has never been found. It was an expedition that began with an air of excitement but ended in tragedy: during their attempt to reach the summit of ...The Guardian - World -
The Fight to Fend Off Bird Flu With Lasers and Inflatable Dancers
Some poultry growers are turning to innovative tactics to protect their flocks, deploying deterrents like drones, air horns, balloons and decoy predators.The New York Times - Business -
To fight inflation, we should look for ways beyond the Fed’s policies
The obvious problem is that almost total reliance on the Fed to defeat inflation by slowing the economy will not work in sectors where price-fixing and structural issues are its principal causes.The Hill - Politics -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
BOJ's Ueda Reiterates Possibility of Rate Hike if Inflation Rises as Expected
Bank of Japan Gov. Kazuo Ueda reiterated Tuesday that the bank would raise interest rates further if inflation grows as the central bank expects.The Wall Street Journal - World -
Greece and Spain under pressure to provide Ukraine with air defence systems
Kyiv renews plea for Patriot and S-300 systems at meeting of foreign and defence ministersFinancial Times - Business - Ukraine -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
Tesla’s stock remains under pressure as company cuts prices for many models
Tesla cut prices for many of its vehicles in the U.S., China and Europe over the weekend amid slumping sales.MarketWatch - Business -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
FirstFT: NYSE canvasses clients for 24/7 trading
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staffFinancial Times - World -
Activist investor Ancora ramps up pressure in Norfolk Southern board battle
The Norfolk Southern proxy fight is intensifying ahead of the company’s annual meeting on May 9.MarketWatch - Business -
FCA under pressure to abandon plans to name firms in UK deterrence drive
Regulator confronts growing concerns within government that move will undermine competitivenessFinancial Times - Business - United Kingdom -
Greece and Spain under pressure to provide Ukraine with air defence systems
Kyiv renews plea for Patriot and S-300 systems at meeting of foreign and defence ministersFinancial Times - World - Ukraine -
Declining Euro Volatility Could Lure Carry Traders
Volatility in FX markets continues to ease off highs seen last week, which could attract carry traders, said Brad Bechtel, global head of FX at Jefferies.The Wall Street Journal - World -
Russia to cash in as Sberbank pays $8bn in dividends
Record profits at lender will bolster state coffers to help fund war on UkraineFinancial Times - Business - Russia -
Spotify hits record quarterly profit as it enters ‘new phase’
Pioneer of music streaming kicks off more mature era for its business after years of freer spendingFinancial Times - Business -
Pendragon owner to cut hundreds of jobs in used car overhaul
New owner of UK dealerships will close second hand marketplace following pandemic-era slump in supplyFinancial Times - Business -
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S&P 500 heads for worst month since 2022 as bond yields jump on inflation fears
The U.S. stock market’s bull run has hit a rough patch, as bond yields spiked this month on fears that a robust economy is helping to keep inflationary pressures alive.MarketWatch - Business -
Trump wins voters on inflation as Biden zeroes in on tariffs, jobs: NBC News poll
Trump attacked Biden on social media following the release of the most recent consumer price index.CNBC - Business - Joe Biden -
Consumers may soon get access to a share of $8.8 billion in Inflation Reduction Act home energy rebates
Home Energy Rebates funding should start flowing to many consumers within months after the Department of Energy approved the first state application.CNBC - Business -
Homeownership isn't for everyone, money coach says: Don't fall for artificial 'pressure to buy'
Latina financial expert Jannese Torres, host of the "Yo Quiero Dinero" podcast, discusses what she has learned about certain milestones such as homeownership.CNBC - Business -
Met police chief under pressure over handling of pro-Palestine protests in UK
Footage of officer calling antisemitism campaigner ‘openly Jewish’ sparks a furoreFinancial Times - World -
Met police chief under pressure over handling of pro-Palestine protests in UK
Footage of officer calling antisemitism campaigner ‘openly Jewish’ sparks a furoreFinancial Times - Business -
Met police chief under pressure over handling of pro-Palestine protests in UK
Footage of officer calling antisemitism campaigner ‘openly Jewish’ sparks a furoreFinancial Times - Business -
The EU ratchets up pressure on TikTok's new rewards app over risks to kids, warns of suspension
The European Union is demanding TikTok provide more information about a new app that pays users to watch videos and warned that it could order the video sharing platform to suspend addictive features that pose a risk to kidsABC News - Tech - European Union -
Facing pressure from rights groups, World Bank suspends funding for Tanzania tourism project
A U.S.-based rights group says the World Bank has suspended funding for a tourism project in Tanzania that allegedly caused the suffering of tens of thousands of villagersABC News - World -
Hamas's political leadership is looking to move from its base in Qatar, as U.S. legislators build pressure on the Gulf state to deliver on cease-fire negotiations that look likely to fail.
Hamas’s political leadership is looking to move from its base in Qatar, as U.S. legislators build pressure on the Gulf state to deliver on cease-fire negotiations that look likely to fail.The Wall Street Journal - World