Saturday March 11 2023
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4/27: Saturday Morning
Recap of former president Donald Trump's New York trial; Chef works to bring unique flavors to over 30 cruise ship restaurants.CBS News - Top stories -
What's Driving the Bond Selloff?
The yield on 10-year Treasurys jumped above 4.7%. While disappointing growth may boost hope of lower rates, the read on inflation complicates the picture.The Wall Street Journal - World -
What's Driving the Bond Selloff?
The yield on 10-year Treasurys jumped above 4.7%. While disappointing growth may boost hope of lower rates, the read on inflation complicates the picture.The Wall Street Journal - World -
Why the GDP Report Fueled a Bond-Market Selloff
The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.The Wall Street Journal - World -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Microsoft Hopes to See Continued AI Mania
Investors will be watching how enthusiasm over artificial intelligence technology is fueling demand for Microsoft’s cloud services.The Wall Street Journal - World - Microsoft -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
Airbus Sticks to Plane-Delivery Goal, Ramps Up A350 Production
Airbus posted higher revenue and profit for the first quarter, backed its goal to deliver more planes this year than in 2023 and decided to increase production of its A350 wide-body jets, extending its lead over beleaguered rival Boeing.The Wall Street Journal - World -
Haiti's Police, Outgunned and Outmanned, Struggle to Thwart Gangs
Haiti’s National Police, the last visible semblance of a state, have ceded control over most of the nation’s capital to vicious gangs.The Wall Street Journal - World -
Haiti's Police, Outgunned and Outmanned, Struggle to Thwart Gangs
Haiti’s National Police, the last visible semblance of a state, have ceded control over most of the nation’s capital to vicious gangs.The Wall Street Journal - World -
JPMorgan Sees Rising Default Risk in the Private-Credit Market
Stress in the private-credit market is building despite default rates rising only modestly in the past two years, according to JPMorgan Chase’s asset management group.The Wall Street Journal - World -
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.The Wall Street Journal - World -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Heat-Related ER Visits Rose in 2023, CDC Study Finds
As record heat enveloped the nation, the rate of emergency room visits increased compared with the previous five years, a sign of the major health risks of high temperatures.The New York Times - Health -
Meta plunges 16% on weak revenue guidance even as first-quarter results top estimates
Meta beat on the top and bottom lines in its earnings report on Wednesday, but the stock sank on disappointing guidance.CNBC - Business -
Giuliani, Meadows indicted in Arizona fake elector scheme
Several former and current key aides to former President Donald Trump appear to be among those charged by the Arizona State Attorney General.ABC News - Top stories -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.The Wall Street Journal - World - Donald Trump -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president should be consulted on interest-rate decisions and have the authority to oust the Fed chair.The Wall Street Journal - World - Donald Trump -
Move Over, TurboTax? IRS Considers Expanding Free Tax-Filing Program
The Direct File website processed more than 140,000 returns, exceeding a goal announced in March.The Wall Street Journal - World -
AMC Entertainment Sees Flat Revenue in Despite Fewer Film Releases
The movie-theater chain said the Hollywood writers and actors strikes from last year had dragged on box office returns.The Wall Street Journal - World -
Auto & Transport Roundup: Market Talk
Gain insight on an FAA quality control audit of Boeing, Norfolk Southern, Cargojet and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Saturday Sessions: Charley Crockett performs "Solitary Road"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Top stories -
Saturday Sessions: Charley Crockett performs "$10 Cowboy"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Top stories -
Saturday Sessions: Charley Crockett performs "America"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Top stories -
Saturday Sessions: Charley Crockett performs "$10 Cowboy"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Entertainment -
Saturday Sessions: Charley Crockett performs "America"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Entertainment -
Saturday Sessions: Charley Crockett performs "Solitary Road"
A descendent of American folk hero Davey Crockett, Charley Crockett was raised in a Texas trailer park. He bought his first guitar in a pawn shop and taught himself how to play it. In 2015, he started releasing records independently. Fourteen ...CBS News - Entertainment -
UN report says 282M people faced acute hunger in 2023, with worst famine in Gaza
A new report says nearly 282 million people in 59 countries suffered from acute hunger in 2023, with war-torn Gaza hosting the largest number of people facing famineABC News - Health - United Nations -
Police officer hiring in US increases in 2023 after years of decline, survey shows
U.S. police departments have reported a year-over-year increase in sworn officers for the first time since the COVID-19 pandemic and the police killing of George FloydABC News - Top stories -
UN report says 282M people faced acute hunger in 2023, with worst famine in Gaza
A new report says nearly 282 million people in 59 countries suffered from acute hunger in 2023, with war-torn Gaza hosting the largest number of people facing famineABC News - Health - United Nations -
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U.S. trade deficit in goods widens in March to highest level in almost a year
The U.S. trade deficit in goods widened 1.7% to $91.8 billion in March, according to the Commerce Department’s advanced estimate released Thursday.MarketWatch - Business -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Inflation ticked higher in March as incomes, spending rose
Inflation picked up slightly in March as Americans saw their paychecks rise and kept up a sturdy pace of spending, according to data released Friday by the Commerce Department. The personal consumption expenditures (PCE) price index, the Federal ...The Hill - Politics -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Corporate insolvencies in England and Wales fall in March
First annual decline in volatile data set since July 2023 but numbers remain higher than pre-pandemic averageFinancial Times - World -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Trading helps lift Deutsche Bank to highest quarterly profit in 11 years
First quarter net income increased by 10% from a year earlier to €1.45bnFinancial Times - Business -
Surrogacy 'unicorn' is pregnant with baby No. 11 and would do it again 'in a heartbeat'
April 21-27 is National Infertility Awareness Week.NBC News - Top stories