Lowering Energy Costs
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Cost of bankrupt Birmingham’s equal-pay claim likely far lower than £760mn
City councillors say inflated ‘worst-case’ estimate has been used to justify major cuts and asset sales in local authorityFinancial Times - World -
The Job Market Shifted Into Lower Gear
Also, a congressman from Texas was indicted. Here’s the latest at the end of Friday.The New York Times - Top stories -
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 -
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple’s sales in China shows that some consumers there no longer see Apple’s flagship product as the most advanced in technology.The Wall Street Journal - Tech - China -
Union propagandists are confusing high housing costs with ‘wealth’
Overall, the average disposable income per capita in right-to-work states last year, adjusted for the cost of living, was roughly $2,800 higher than the average of the other states.The Hill - Politics -
Insulin Cost Is a Key Campaign Issue for Biden
President Biden says lowering the cost of insulin for seniors is among his proudest domestic policy achievements. He now faces the challenge of selling it to Americans of all ages.The New York Times - Top stories - Joe Biden -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
SPDR Gold Shares Inch Lower Following Jobs Report
Gold prices edged lower, with April’s lower-than-expected jobs gains giving investors hope that the economy is finally cooling down.The Wall Street Journal - World -
How much college athlete pay model may cost power schools
The college sports industry is moving closer an athlete compensation system. At this point, it seems inevitable.Yahoo Sports - Sports -
HSA costs you need to watch out for — and when not to worry
Health savings accounts are powerful tax-advantaged tools to pay for healthcare, but there are hidden fees that could cost consumers some of their savings, the Consumer Financial Protection Bureau warns.MarketWatch - Business -
The not-so-secret cost of being superhuman: elite sport’s problem with disordered eating
Athletes are breaking their silence about their experience of eating disorders and disordered eating. Why is this happening in an arena celebrated as the epitome of health?. Elite sport has long been consumed with the idea of the superhuman. ...The Guardian - World -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
How much does uni cost, and will I earn more if I go?
Given higher costs, some students are wondering whether going to university makes financial sense.BBC News - Top stories -
You be the judge: should my best friend be more mindful of my lower income?
Lily’s bringing in six figures but Michelle earns less than half that. Who needs to change their ways? You decide who’s in the wongaMore money disputes where you can be the judge . She’s richer, more money-focused, and a bit obsessive over ...The Guardian - World -
The U.S. birth rate has never been lower. Here’s what that means for stocks.
Americans aren’t having as many kids, but the economy can handle that — for now.MarketWatch - Business -
Coinbase had over $1 billion in quarterly profit after crypto-trading explosion. But costs are rising too.
A boom in crypto trading during the first quarter led cryptocurrency exchange Coinbase Global to a dramatic reversal of fortunes from the prior year, but the company warned of “elevated expenses” in the second quarter as it tries to handle the flood.MarketWatch - Business -
Here's how much it costs to rent a 1-bedroom apartment across 10 major cities in Asia
Here is the median price to rent a 1-bedroom apartment across 10 major cities in Asia, according to the Global Property Guide.CNBC - Business -
Did Darvin Ham cost LeBron James his last real chance at another NBA title?
The even-keeled Michigan native, who was sacked as the Lakers’ head coach on Friday, was hired for his ability to manage personalities. Once he lost his players’ trust, it was only a matter of ⌛. The date is 31 January, less than two months ...The Guardian - World - NBA -
Settlement could cost NCAA nearly $3 billion; plan to pay athletes would need federal protection
The NCAA and major college conferences are considering a possible settlement of an antitrust lawsuit that could cost them billions in damages and force schools to share athletics-related revenue with their athletesABC News - Sports -
‘I don’t have a choice’: UK patients turn to medical loans for treatment costs
Boom in healthcare borrowing prompts warnings from doctors and campaignersFinancial Times - World - United Kingdom -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, the U.S. rig count, the Trans Mountain oil pipeline and more in the latest Market Talks covering the Energy & Utilities sector.The Wall Street Journal - World -
Berkshire after Buffett: prized energy business faces upheaval
It is no longer clear the sprawling business remains in the group’s sweet spot as global warming reorders industryFinancial Times - Business