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New Zealand's Jobless Rate Rises Sharply
New Zealand’s unemployment rate jumped sharply in the first three months of this year as the economy slumbered in an extended recession and high interest rates battered household budgets.The Wall Street Journal - World - New Zealand -
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
The share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage Bankers Association. That is the highest level of the year.CNBC - Business -
Mammograms should start at 40 to address rising breast cancer rates at younger ages, panel says
Regular mammograms to screen for breast cancer should start younger — at age 40ABC News - Health -
The Dangerous Rise of GPS Attacks
Thousands of planes and ships are facing GPS jamming and spoofing. Experts warn these attacks could potentially impact critical infrastructure, communication networks, and more.Wired - Tech -
Elder fraud on the rise in the U.S.
Scams targeting people over 60 are on the rise in the U.S., with $3.4 billion being stolen just last year, according to a new FBI report. Nicole Sganga has the details.CBS News - Top stories -
BYD's First-Quarter Story Is in The Margins
BYD, the world’s largest electric-vehicle maker, paid a price for aggressively cutting prices on its cars, grinding revenue growth to a four-year low in the first quarter. But the bigger story is in its margins.The Wall Street Journal - World -
BYD's First-Quarter Story Is in The Margins
BYD, the world’s largest electric-vehicle maker, paid a price for aggressively cutting prices on its cars, grinding revenue growth to a four-year low in the first quarter. But the bigger story is in its margins.The Wall Street Journal - Business -
U.S. productivity slumps in first quarter
Productivity had been a bright spot for the economy over the past year and today’s data dims the outlook.MarketWatch - Business -
The Everton crisis explained: how did it get to this point?
Owner Farhad Moshiri once said the club were ‘robust’ enough to fund stadium but now they need working capital injections. At Everton’s annual general meeting in January 2019, the owner, Farhad Moshiri, made a dramatic promise.. Speaking about the ...The Guardian - World -
Wendy’s stock jumps as burger chain points to successes in advertising
Wendy’s highlighted the impact of same-restaurant sales growth, advertising, franchise-royalty revenue and its share-buyback program on its results.MarketWatch - Business -
Clariant Confirms Outlook as Profits Rise
Clariant reiterated its full-year outlook after it reported an improved earnings margin in the first quarter, helped by lower raw material prices and a strong performance at its aviation business.The Wall Street Journal - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Haleon Keeps Outlook as Profits Rise
Haleon reported a 2% rise in underlying profits for the first quarter despite lower revenue, and maintained its full-year guidance and buyback plan.The Wall Street Journal - World -
Oil Market Balance Expected to Improve Through 2024, Morningstar DBRS Says
Global oil supply is expected to catch up with demand in the coming months, according to Morningstar DBRS.The Wall Street Journal - World -
Jabeur stunned by Keys in Madrid quarter-finals
Madison Keys sets up a semi-final with top seed Iga Swiatek by producing a brilliant comeback against Ons Jabeur at the Madrid Open.BBC News - Top stories -
Vonovia Lifted by Solid First Quarter, Trading Momentum
Vonovia shares rose sharply after the real estate company confirmed its 2024 forecasts after its first-quarter results came in ahead of consensus.The Wall Street Journal - Business -
Adidas Maintains Outlook as First Quarter Tops Forecasts
Adidas posted above-forecast profits for the first quarter, citing brand momentum, and confirmed its recently-lifted outlook for the year.The Wall Street Journal - Business -
Aston Martin losses jump 90% as SUV sales drop
British carmaker reports £138.8mn pre-tax loss as it wrestles with debtFinancial Times - Business -
O'Sullivan & Trump suffer shock quarter-final defeats
Seven-time champion Ronnie O’Sullivan and Judd Trump both suffer shock defeats in the quarter-finals of the World Championship at the Crucible Theatre in Sheffield.BBC News - Top stories - Donald Trump -
Burgess edges Ipswich past Coventry to within a point of the Premier League
As Kieran McKenna walked into his press conference in a windowless bunker of this vast bowl, he quenched his thirst with a glass of sparkling water. On Saturday afternoon, the chances are it will be a drop of champagne in the comforting surrounds ...The Guardian - World -
UCLA, Columbia protests reach tipping point with 300 arrested in New York
Violence erupted between police and student protesters Tuesday night and Wednesday morning at Columbia University and the University of California, Los Angeles (UCLA), with hundreds arrested in New York. The New York City Police Department went ...The Hill - Politics - New York -
Campus protests over Gaza war reach turning point
The New York City Police Department said nearly 300 people were arrested at pro-Palestinian protests on campuses Tuesday night. UCLA saw violence when rival protesters clashed. CBS News' Carter Evans and Lilia Luciano have more.CBS News - Top stories -
NBA: Refs missed Maxey travel on 4-point play
Officials missed a travel on 76ers guard Tyrese Maxey with 25.4 seconds to go in Tuesday's Game 5 win over the Knicks, the NBA said on Wednesday.ESPN - Sports - NBA -
Celtics 'learning from our mistakes,' close out Heat
Jaylen Brown and Derrick White each scored 25 points and the Celtics advanced to the Eastern Conference semifinals, beating the short-handed Heat 118-84 in Game 5 on Wednesday night.ESPN - Sports - NBA -
3 savings moves to make with inflation still rising
Inflation is on the rise, but that may be good news for savers. Here are three savvy savings moves to make now.CBS News - Top stories -
The WSJ Dollar Index Rises 1.81% This Month to 100.81
The dollar firmed across the board on the session and posted its best monthly performance since January.The Wall Street Journal - World -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - World -
Beating inflation will likely require U.S. unemployment to rise
Americans are on a frustrating search for a soft economic landing.MarketWatch - Business -
Next Backs Guidance as Sales Rise Tops Hopes
Next reiterated its guidance for fiscal 2025, forecast an adjusted profit of £960 million, after reporting an above-forecast rise in full-price sales for the first quarter.The Wall Street Journal - Business -
SPDR Gold Rises Following Fed Decision
Gold futures were up 0.8% in late trading, after settling up 0.4% — the fourth time out of the past five sessions they’ve risen.The Wall Street Journal - World - Federal Reserve -
Death toll rises to 48 in China highway collapse
The death toll climbed to 48 on Thursday as search efforts continued in southeastern China after a highway section collapsed in a mountainous area.NBC News - Top stories - China -
Starbucks’ stock sinks 12% as ‘cautious’ consumers, more headwinds hit profit, revenue
Starbucks reported fiscal second-quarter earnings late Tuesday that were wide off the mark.MarketWatch - Business -
Amazon Reports $143.3 Billion in Revenue for First Quarter of 2024
The company also reported that profit more than tripled, to $10.4 billion, topping Wall Street expectations.The New York Times - Tech -
Here's why we're not sweating Amazon’s light second-quarter guidance
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
First-Quarter Exits Boost Carlyle Distributable Earnings, But Revenue Falls
The firm saw one of its flagship funds become ineligible, at least temporarily, for carried interest.The Wall Street Journal - World -
Treasury Yields Decline Amid U.S. Jobs Resilience
Treasury yields fell as markets coalesced around the idea that the Fed might cut interest rates only once or twice this year, depending on the data.The Wall Street Journal - World -
Hugo Boss Keeps Outlook After Strong First Quarter
Hugo Boss reported profit and revenue growth in the first quarter, helped by brand investment and efficiency gains, and confirmed its full-year targets.The Wall Street Journal - World -
Shell fends off calls to return cash to shareholders after beating forecasts
Europe’s largest oil and gas company increases production and maintains share buybacks at $3.5bnFinancial Times - Business