S&p 500 Pulls Back
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S&P 500 Futures Rise as Earnings Roll In
U.S. stock futures rose after Federal Reserve Chair Jerome Powell indicated the bar to cut interest rates had gone up.The Wall Street Journal - World -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World -
S&P 500 Slips After Fed Keeps Rates Steady
Treasury yields inched down but are still up sharply for the year.The Wall Street Journal - World - Federal Reserve -
Ten of 11 S&P 500 sectors suffer their worst month in 2024. Here’s what comes next.
U.S. stocks closed out their worst month of 2024, with ten out of the S&P 500 index’s 11 sectors posting their biggest monthly percentage decline this year.MarketWatch - Business -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Europeans have more time, Americans more money. Which is better?
Life expectancy, happiness, sustainability and innovation among factors shaping work attitudesFinancial Times - Business -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
An S&P 500 correction, or a possible meltdown in Asian currencies, could be brewing. Here’s why.
Our call of the day from TS Lombard flags worrying signs on the labor market, and Asian currencies that need things to go just right for the U.S. economy.MarketWatch - Business -
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.
Major U.S. stock indexes ended on another low note, with the S&P 500, Nasdaq and Dow shedding 1.6%, 2% and 1.5%, respectively.The Wall Street Journal - World -
The S&P 500 extended its recent slide after the central bank's outlook, falling 0.3% and matching the Nasdaq's session decline. The Dow rose 0.2%.
The S&P 500 extended its recent slide after the central bank’s outlook, falling 0.3% and matching the Nasdaq’s session decline. The Dow rose 0.2%.The Wall Street Journal - World -
McDonald's Supersizes China Bet as Corporate America Pulls Back
The fast-food chain aims to nearly double restaurants in the country after spending $1.8 billion to buy back a bigger stake in the company’s business there.The Wall Street Journal - Business - China -
Cannabis stocks pull back after rallying on DEA’s plans to reclassify marijuana
Canopy Growth Corp., Tilray Brands Inc. and Curaleaf Holdings Inc. were among cannabis stocks that were sliding into the red on Wednesday, a day after news of the federal government’s plans to reclassify marijuana.MarketWatch - Business -
Abu Dhabi-backed fund pulls out of deal to take over UK's Telegraph newspaper group
Britain’s Telegraph newspaper group is back up for sale after a United Arab Emirates-backed consortium pulled out of a takeover bidABC News - World -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
Berkshire after Buffett: the risk ‘genius’ pulling the insurance strings
Ajit Jain, 72, leads the insurance arm that underpins the conglomerate but presents his own succession challengeFinancial Times - Business -
How Pacific Drive Pulls Off Being Unnervingly Spooky And Relaxingly Chill All At Once
I'm not very far into the Olympic Exclusion Zone in a run of Pacific Drive when the rain picks up. A T-shaped intersection looms just ahead, and as I make a right turn, the headlights play over the wreckage of a truck at the base of a hill, ...GameSpot - Tech -
Pinterest’s stock soars 17% on big revenue and profit beat, 500 million monthly active users
Pinterest Inc.’s stock soared in extended trading Tuesday following quarterly results and revenue guidance that exceeded Wall Street estimates.MarketWatch - Business -
Tesla shares drop nearly 6% after Musk cuts about 500 jobs in Supercharger team
Tesla is continuing a sweeping reorganization and laying off some 500 employees from its Supercharger team.CNBC - Business - Tesla -
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Sheryl Sandberg Screams Back at the Silence
A powerful new documentary gives voice to the rape victims of Oct 7.The New York Times - Top stories -
Rescue effort underway after more than 500 baby sea turtles washed ashore in big storm off South Africa
More than 500 baby sea turtles were washed up on beaches by a rare and powerful storm off South Africa and rescued by members of the public.NBC News - Top stories -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden -
Biden said he’d take another stab at a border bill — but nothing appears in the works
‘They pulled a rabbit out of a hat on Ukraine, but there’s no chance they’re getting anything out of Mike Johnson’s House on border security’Politico - Politics - Joe Biden -
White House doesn’t want to touch House speaker drama
Even though Johnson helped move his foreign policy aid package, the president isn’t going to intervene on a conservative effort to oust him.Politico - Politics - House -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
Rent Board Backs Increases for Millions of New Yorkers
The Rent Guidelines Board cast a preliminary vote to back rent increases of between 2 and 4.5 percent on one-year leases across New York City’s one million stabilized apartments.The New York Times - Top stories - New York -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom