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Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
Gold Falls After Strong U.S. Jobs Report
Gold prices were lower in early Asian trade. A fresh U.S. jobs report released last Friday reinforced the Fed’s wait-and-see approach on rates.The Wall Street Journal - World -
Li Auto Shares Gain on Strong L6 Orders
Li Auto shares rose sharply after the Chinese electric-vehicle maker posted strong orders for its first model priced under 300,000 yuan, or the equivalent of nearly $41,452.The Wall Street Journal - World -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
AUD/USD Upside Potential Strong With RBA Set to Ponder a Hike
There is upside potential for AUD/USD this week with the Reserve Bank of Australia holding a policy meeting amid plenty of speculation that it will need to send a hawkish signal.The Wall Street Journal - World -
US employers scaled back hiring in April but still added 175,000 jobs
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job marketABC News - Top stories -
Henderson's Take: Just How Strong Is U.S. Manufacturing? Trucks and Fuel Send a Troubling Message
A recent ISM report suggested manufacturing expanded in March. But truck demand and diesel prices are down.The Wall Street Journal - World -
Suárez has strong 6-inning outing as the streaking Phillies rout the Giants 14-3
Ranger Suárez pitched six strong innings, Whit Merrifield homered and the streaking Philadelphia Phillies routed the San Francisco Giants 14-3 on Saturday nightABC News - Sports - MLB -
Guardians prospect Chase DeLauter, No. 46 in MLB, breaks foot again, sidelining outfielder after strong spring
DeLauter had surgery on the same foot while playing at James Madison UniversityCBS Sports - Sports - MLB -
Rays beat Mets 3-1 to spoil strong MLB debut by New York's Scott; Cash picks up 755th victory
Pinch hitter Austin Shenton’s bases-loaded walk scored a tiebreaking run in the eighth inning and the Tampa Bay Rays beat the New York Mets 3-1 on Saturday nightABC News - Sports - MLB