Investors Awaiting Key Inflation Reading
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US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve -
Fed’s Williams says independence is key to winning fight against inflation
New York Federal Reserve President John Williams on Friday said that the U.S. central bank needed independence from the White House in order to get inflation back to its 2% target.MarketWatch - Business - Inflation -
Pogacar starts explosive first Giro weekend in pole but potholes await
The outstanding Slovenian cyclist is putting the hype in perspective as he prepares for his debut in historic Grand Tour. Tadej Pogacar may be the outstanding bet to win his debut Giro d’Italia, but the Slovenian is also acutely aware of how three ...The Guardian - World -
Caitlin Clark makes long-awaited WNBA preseason debut
Basketball star Caitlin Clark made her WNBA preseason debut Friday before a sold-out crowd in Arlington, Texas. Clark finished with a team-high 21 points, but her Indiana Fever fell to the Dallas Wings 79-76.CBS News - Top stories - WNBA -
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'On the Couch' Review: A Close Reading of Freud
Sigmund Freud’s psychoanalytic ideas are widespread, but outdated. There may be profit in treating him less as a scientist and more as a literary figure.The Wall Street Journal - World -
13 Books We Read This Week
Missions over Iwo Jima, the long legacy of Freud’s ideas, where wedding vows came from and more.The Wall Street Journal - World -
Labour’s Richard Parker defeats Andy Street in tight West Midlands mayoral race after Sadiq Khan wins third term in London – live
Labour has secured mayoral victories in London, Greater Manchester, Salford, West Yorkshire, South Yorkshire and Liverpool today. Local elections 2024: full council results for EnglandRishi Sunak is braced for the result of key mayoral elections ...The Guardian - World -
Substack Throws a Party to Celebrate Hate Reads Newsletter
The writers behind Hate Reads, a pop-up newsletter for airing grievances and pet peeves, got up on their soap boxes.The New York Times - Lifestyle -
Read me a story: why reading out loud is a joy for adults as well as kids
Sarah Manavis and her partner have a guilty secret. What they love to do most of all in private is… read out loud to each other. And, as she’s discovered, it has many surprising benefits. Neither of us can remember exactly how it happened, but we ...The Guardian - World -
‘A disgrace’: Ratcliffe reads riot act after visiting Manchester United facilities
Chief of football operations rails at ‘high degree of untidiness’IT department and age-group dressing rooms ‘reflect poorly’Sir Jim Ratcliffe has ordered Manchester United’s staff to raise standards after describing the level of untidiness in ...The Guardian - World - Premier League -
Turkey's inflation accelerates to nearly 70% in April
Turkey's inflation accelerated to 69.8% annually for the month of April, the Turkish Statistical Institute reported Friday.CNBC - Business - Turkey -
Could lower swing-state inflation rates help Biden and hurt Trump?
Inflation in several battleground states in the 2024 election is below the national average — in some cases by more than a full percentage point — as food prices retreat even while housing costs stay hot, according to an analysis of regional Labor ...The Hill - Politics - Joe Biden -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Will Ferrell to join list of Leeds investors
Hollywood actor Will Ferrell is set to join the list of celebrity investors in Championship club Leeds UnitedBBC News - Top stories -
'Harry Potter' set at an HBCU? LaDarrion Williams wrote the book he always wanted to read
'Blood at the Root,' LaDarrion Williams' first novel in a three-book deal — a series that centers on a Black boy in a YA fantasy saga — is the kind of fiction he wishes existed when he was a kid.Los Angeles Times - Entertainment -
Jurors in Karen Read murder trial to visit site where John O'Keefe's body was found
Jurors in Karen Read's murder trial will travel to the scene of the alleged crime Friday. Read is accused of killing her police officer boyfriend, John O'Keefe, in 2022 by hitting him with her SUV, but Read's lawyers claim that she is being framed ...CBS News - Top stories -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
Credit cards are the ‘financing of last resort’ for older adults as inflation persists
As inflationary pressures leave older adults with little wiggle room to pay for everyday items and cover emergency costs, credit cards have become the financing method of last resort. As a result, balances have jumped since last year.MarketWatch - Business