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Trump criminal trial wraps for the day after opening statements and first witness
Donald Trump's New York hush money criminal trial continued Monday, with opening statements and the first witness taking the stand. Read real-time updates, analysis and highlights from court.CNN - Top stories - Donald Trump -
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Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
The colonialist overtones of EU’s green trade crusade
Many middle-income countries show reserves of pragmatic tolerance that Europeans do not necessarily deserveFinancial Times - Business -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
Graydon Carter Opens Air Mail Newsstand in New York’s West Village
Shoe horns, lampshades and CBD-infused elixirs are among the goods Graydon Carter is selling at a new newsstand-style shop in New York.The New York Times - Lifestyle - New York -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Gilead’s quarterly loss is narrower than expected
Gilead Sciences Inc.’s stock dipped 0.2% in after-hours trading Thursday, after the drug company’s adjusted first-quarter profit was narrower than expected.MarketWatch - Business -
Microsoft’s cloud sales receive a boost from AI
Big Tech group’s shares rise 4% after-hours after better than expected earningsFinancial Times - Business - Microsoft -
Nikkei Flat Ahead of BOJ Policy Decision
The Nikkei Stock Average was flat amid caution ahead of the Bank of Japan’s policy decision later in the day.The Wall Street Journal - World -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
What to expect from Supreme Court's presidential immunity arguments
NBC News Legal Analyst Joyce Vance joins Meet the Press NOW to discuss what to expect as the Supreme Court is set to hear arguments on former President Donald Trump’s presidential immunity claims.NBC News - Politics -
Rubrik prices IPO at $32 per share, above the expected range
Rubrik is hitting the market at a historically slow time for venture-backed tech IPOs.CNBC - Business -
What to expect when Trump "hush money" trial resumes Thursday
Testimony is expected to resume Thursday in former President Donald Trump's New York criminal trial. CBS News legal analyst Rikki Klieman joins with more.CBS News - Top stories - Donald Trump -
Rubrik prices its IPO at $32, above expected range
Rubrik Inc. priced its initial public offering late Wednesday at $32 a share.MarketWatch - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - World -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
David Pecker Expected to Discuss Hush-Money Deal in Trump Trial
David Pecker, the former publisher of The National Enquirer, will be back on the stand and is likely to discuss the publication’s contact with Stormy Daniels.The New York Times - Top stories - Donald Trump -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
US economy grew less than expected in first quarter at 1.6% rate
Previous indicators of robust growth have set back expectations of Fed rate cuts and wrongfooted marketsFinancial Times - World -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
NFL Draft Latest: Caleb Williams to Bears, record six QBs taken in first 12 picks
The Chicago Bears picked USC quarterback Caleb Williams to open the 2024 NFL draft, the first of six QBs in the top 12 picksABC News - Sports - NFL -
Microsoft’s heavy bet on AI pays off as it beats expectations in second quarter
World’s largest public company reports $61.86bn revenue after investing billions into artificial intelligence. Profits at Microsoft beat Wall Street’s expectations as its heavy bet on artificial intelligence continued to bear fruit in the second ...The Guardian - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Eye Opener: Hundreds of people arrested at campus protests
Police arrest hundreds at campus protests across the country, while Speaker Mike Johnson jumps into the debate at Columbia University. Also, the Supreme Court considers Donald Trump's claim of absolute immunity for anything he did while in office. ...CBS News - Top stories -
Nadal begins Madrid Open with emphatic win
Rafael Nadal begins his Madrid Open farewell with a comfortable straight-set win over American teenager Darwin Blanch.Yahoo Sports - Sports - US Open -
‘Cabaret’ Opening on Broadway: Eddie Redmayne, Angela Bassett and Baz Luhrmann
A party for the buzzy revival of the Broadway musical was held at a theater that has been transformed to look like a 1930s-era nightclub.The New York Times - Lifestyle -
‘Exhausted’ Emma Raducanu thrashed by qualifier María Carlé at Madrid Open
Argentinian easily wins first-round match 6-2, 6-2Harriet Dart also out in straight sets; Jack Draper throughThe great challenge of professional tennis is not just performing at a high level but doing so week after week, regardless of the ...The Guardian - World - US Open