Quarter Study Suggests
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A Megaraptor Emerges From Footprint Fossils, Study Suggests
A series of foot tracks in southeastern China points to the discovery of a giant velociraptor relative, paleontologists suggest in a new study.The New York Times - Science -
BOJ Data Suggest Second Yen Intervention This Week
Japan likely carried out a second round of significant yen-buying intervention this week, according to a calculation based on data from the Bank of Japan and private money brokers.The Wall Street Journal - World -
Japanese government spent $35bn to prop up yen, BoJ figures suggest
Central bank data all but confirms Monday’s market intervention, as currency resumes slide against US dollarFinancial Times - World -
London mayoralty contest may be tighter than polls suggest
How local election results will play out; plus, Sunak will be anxious to hear if Tory incumbent Andy Street clinches West MidlandsFinancial Times - World -
Johnson suggests he wants to lead GOP next Congress
Speaker Mike Johnson (R-La.) suggested this week that he wants to remain at the top of the GOP in the next Congress despite fierce pushback from conservatives who are furious with his leadership style and want him gone at the end of the term — or ...The Hill - Politics -
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 -
Black girls in Florida do not feel safe in schools: Study
A new study has found that Black girls in Florida often feel unsafe in their schools due to policing policies and cultures of criminalization in the Sunshine State. The report, published by the National Women's Law Center (NWLC) and Southern ...The Hill - Politics - Florida -
Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds
The low water levels that choked cargo traffic were more closely tied to the natural climate cycle than to human-caused warming, a team of scientists has concluded.The New York Times - World -
Drought That Snarled Panama Canal Was Linked to El Niño, Study Finds
The low water levels that choked cargo traffic were more closely tied to the natural climate cycle than to human-caused warming, a team of scientists has concluded.The New York Times - Top stories -
New York cities plagued by blackouts due to climate change, study finds
Climate change is pushing some New York City neighborhoods into dozens of nearly-daylong blackouts per year, a new study has found. Large swaths of the state’s principal towns and cities faced repeated, protracted and dangerous weather-driven ...The Hill - Politics - New York -
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 -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
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 -
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Two-year Treasury yields back below 5% after Powell suggests rate hike unlikely
Bond yields fell early Thursday as the market continued to express relief that the Federal Reserve’s latest monetary policy meeting passed without a shift to notably more hawkish rhetoric.MarketWatch - Business -
This is the level where the 10-year Treasury yield becomes a 'clear problem' for stocks, Goldman study shows
Goldman said that when the 10-year Treasury yield hits 5%, the correlation between bond yields and stocks turns negative.CNBC - Business -
Southeast Asian Americans face the brunt of racist attacks among Asians in U.S., new study finds
Southeast Asian Americans face assault, verbal abuse and threats more than any other Asian American group, a new report by advocacy group The Asian American Foundation revealed.NBC News - Top stories -
Women live more years in ill-health than men, finds gender health gap study
While men are disproportionally affected by conditions that cause early death, women are left with higher levels of illness and disability. Women live longer than men but experience more years in poor health, according to a global gender health ...The Guardian - World -
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 -
Eurozone Government Bond Yields Edge Lower After Fed Meeting
Eurozone government bond yields declined, trading by 3-4 basis points lower, as they tracked a fall in Treasury yields on Wednesday in the wake of the Fed meeting.The Wall Street Journal - World - Federal Reserve -
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 urged to return cash to shareholders after beating first-quarter forecasts
Europe’s largest oil and gas company increases production and maintains share buybacks at $3.5bnFinancial Times - Business -
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 -
Hong Kong's Economy Slowed in First Quarter, But Beat Expectations
Hong Kong’s economy lost steam at the start of the year, as consumer and government spending weakened, but export strength helped growth beat consensus views that had tipped a much sharper slowdown.The Wall Street Journal - World - Hong Kong -
Coca-Cola beats first-quarter earnings estimates, raises annual revenue outlook
Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”MarketWatch - Business -
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.
Amazon.com reported record first-quarter sales as the artificial-intelligence boom powered growth in its cloud-computing unit.The Wall Street Journal - World -
Pfizer’s first-quarter results top estimates, while drugmaker boosts full-year profit outlook
Pfizer on Wednesday reported first-quarter results that beat analyst expectations, and raised its full-year profit guidance as cancer and heart-disease drugs helped offset plummeting COVID product sales.MarketWatch - Business -
U.S. Treasury to auction $125 billion next week, unchanged from last quarter
The Treasury Department on Wednesday said it would sell $125 billion in notes and bonds next week. That’s the same as was offered last quarter.MarketWatch - Business -
Taco Bell parent Yum Brands’ stock slides on first-quarter earnings and revenue miss
Yum Brands’ CEO David Gibbs described “a difficult operating environment” during the first quarter.MarketWatch - Business -
Zillow forecasts slower second quarter, amid caution among first-time buyers and agents
Online real-estate listing service Zillow Group Inc. on Wednesday forecast second-quarter sales that were below expectations, as a stalled housing market weighs on first-time homebuyer demand and pushes some real-estate agents to the sidelines.MarketWatch - Business -
Carvana shares spike 30% as used car retailer posts record first quarter
Carvana reported record first-quarter results Wednesday that beat Wall Street's top- and bottom-line earnings expectations for the online used car retailer.CNBC - Business -
Oil giant Shell beats first-quarter profit estimates, launches $3.5 billion share buyback
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading.CNBC - Business -
Wayfair’s stock jumps after retailer narrows loss, says quarter ended ‘on an upswing’
For the first time since before the onset of the COVID-19 pandemic, Wayfair is “seeing suppliers introducing large groups of new products into their catalogs,” the company said.MarketWatch - Business