Short Seller Reinforces Concerns
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Trump Media CEO renews assault on ‘DJT’ short sellers — but the math doesn’t add up
Former President Donald Trump’s media company is waging war on short sellers, but data show they cannot be blamed for the stock’s volatility.MarketWatch - Business - Donald Trump -
What Trump Media gets wrong when blaming short sellers for DJT stock volatility
Also, the Moneyist helps with a tricky estate plan, and good news in the housing market.MarketWatch - Business - Donald Trump -
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3 Key Business Areas Cybersecurity Falls Short
There's no one path to business success, but you can take this important step to mitigate cyber risk and unleash the power of innovation, partnerships, and customer relationships: rethink network security.Inc. - Business -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
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 -
Residents still have concerns about Flint's water
It's been a decade since the Flint water crisis began. Residents told CBS News the scandal still weighs heavily on the city.CBS News - Top stories -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
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 -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
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Rooting for Trump to Fail has Made Millions for Investors Shorting His Stock
Diving into the former president's meme stock is not for the faint of heart, but day traders who laugh atTrump Media & Technology's financials are willing to take therisk.Inc. - Business - Donald Trump -
Long lines form and frustration grows as Cuba runs short of cash
Alejandro Fonseca stood in line for several hours outside a bank in Havana hoping to withdraw Cuban pesos from an ATMABC News - World -
Kevin Durant continues to fall woefully short in attempt to replicate Warriors success
The Suns are down 3-0, and Durant is 16-20 in the playoffs since leaving Golden StateCBS Sports - Sports -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
Macro concerns kept games investors cautious in Q1 2024 I InvestGame
Gaming investments totaled $2.2B in Q1 2024 according to InvestGame. Investors remain risk-averse with few exit options on the table.VentureBeat - Tech -
USC cancels main graduation commencement ceremony, citing safety concerns
Columbia protest encampment to continue after deadline to clear out passesNBC News - Top stories -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
Concern Over Visa Wait Times for Fans of the 2026 World Cup
The U.S. Department of State encouraged supporters in affected countries to start applying for visas now, over two years out from the tournament.The New York Times - Sports - World Cup -
Possible TikTok ban leaves some small businesses concerned for their survival
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.CBS News - Top stories - Tiktok -
Sean McVay tiptoes around Matthew Stafford's contract concerns
Stafford forces issue on whether Rams will cut him after 2024.Yahoo Sports - Sports -
Iran's Attack on Israel Has Deepened Concerns About Its Nuclear Program
The exchange of direct fire between the two foes opens an era of more dangerous competition.The Wall Street Journal - World - Israel -
Dansby Swanson homers as the short-handed Cubs beat the struggling Astros 4-3
Dansby Swanson hit a three-run homer during Chicago’s four-run first inning and the short-handed Cubs beat the Houston Astros 4-3ABC News - Sports - MLB -
Main Street isn’t saving and Wall Street isn’t shorting in an ‘Anything But Bonds’ bull market, says Bank of America
The U.S. government has spent $6.2 trillion over the last 12 months, and investors seemed to have noticed.MarketWatch - Business -
Worried about the volatility in Magnificent Seven stocks? Take a look at the companies’ short-dated bonds.
As their stocks sell off, Magnificent Seven companies’ two-year bonds are looking attractive.MarketWatch - Business -
Chelsea and incoming USWNT coach Emma Hayes 'robbed' by 'worst decision in women's Champions League history'
Chelsea's loss to Barcelona in the Women's Champions League semifinals came with one positive side effect, from an American perspective: Emma Hayes will take the USWNT head coaching job a week sooner.Yahoo Sports - Sports - UEFA Champions League -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
'It's on everybody's mind': Morehouse faculty and students raise concerns about Biden's graduation speech
Morehouse College’s leadership is set to hold a call on Thursday to address concerns over having President Joe Biden as the school’s commencement speaker next month.NBC News - Top stories - Joe Biden -
A US-led effort to bring aid to Gaza by sea is moving forward. But big concerns remain
The construction of a new port in Gaza and a UABC News - World -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
We know how to deter British children from alcohol, say experts, after concerns over WHO report
Study found Great Britain had worst rate of child alcohol consumption in world, but youth drinking is said still to have ‘declined sharply’. In 2000, about 19% of children under 16 in England smoked, according to Action on Smoking and Health. By ...The Guardian - World -
US advances review of Nevada lithium mine amid concerns over endangered wildflower
The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S. That's assuming it can withstand anticipated legal challenges from conservationists who fear it ...ABC News - Tech -
Rating Celtics concern levels in five areas after Game 2 loss to Heat
Time to panic, or nothing to see here? John Tomase breaks out the concern level meter on five Celtics issues in their Game 2 loss to the Heat.Yahoo Sports - Sports - NBA -
Trump Turns on R.F.K. Jr. Amid Concerns He Could Attract Republican Voters
The former president called Robert F. Kennedy Jr. a ‘Democrat plant’ and attacked his running mate, Nicole Shanahan, who gave $2 million to the Kennedy campaign.The New York Times - Top stories - Donald Trump