The Ratings Game: ‘High Proportion’ of Startups May Fold by Year’s End Following Silicon Valley Bank Failure, Morgan Stanley Says
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Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Business -
In Silicon Valley, You Can Be Worth Billions and It’s Not Enough
Andreas Bechtolsheim, the first investor in Google, has an estimated $16 billion fortune. He recently settled charges that he engaged in insider trading for a profit of $415,726.The New York Times - Top stories -
I earn $120,000 a year and have $165,000 in savings. How do I invest in this high-interest-rate environment?
“My husband and I would like to provide our new baby with the best life we can.”MarketWatch - Business -
High global food prices may finally see a bottom in 2024, says Oxford Economics
According to Oxford Economics, global food prices are expected to decline in 2024, offering some relief for shoppers.CNBC - Business -
UK inflation could stay near 2% target for three years, says BoE rate-setter
Dave Ramsden’s comments suggest he does not need much more evidence of price growth falling before backing rate cutsFinancial Times - Business - United Kingdom -
Bitcoin's next gen tokens are here. Inside the Silicon Valley hacker house where 17 coders helped build the new memecoin market
Bitcoin coders at popup hackathon prepared for big launches on blockchain after the halving, and a cryptocurrency market now valued at over $2.4 trillion.CNBC - Business -
U.K. blood scandal inquiry ends in May
A public inquiry will shed light on how thousands of people in the United Kingdom were infected with HIV and hepatitis C after some took part in a treatment using donated human blood plasma in the 1970s. Investigative reporter Guy Lynn from BBC ...CBS News - Top stories - United Kingdom -
Ukraine War Helped Push World Military Spending to 35-Year High, Study Says
The outlay reached $2.4 trillion last year, a research group found, 6.8 percent up on 2022. Tensions in Asia and the Middle East also contributed.The New York Times - Top stories - Ukraine -
Ukraine War Helped Push World Military Spending to 35-Year High, Study Says
The outlay reached $2.4 trillion last year, a research group found, 6.8 percent up on 2022. Tensions in Asia and the Middle East also contributed.The New York Times - World - Ukraine -
When will the Bank of Japan next raise interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - World - Japan -
When will the Bank of Japan next raise interest rates?
Market Questions is the FT’s guide to the week aheadFinancial Times - Business - Japan -
Homeowner pain as major banks lift mortgage rates
Lenders respond over views the Bank of England may not cut interest rates as quickly as forecast.BBC News - Top stories - Mortgage -
Could interest rate hikes be keeping inflation high?
The stickiness of the post-pandemic inflation is raising questions about how effective high interest rates are at bringing down price increases – and if they could be fueling the problem. Standard economic thinking says that higher interest rates ...The Hill - Politics -
Rail strikes announced for May Bank Holiday week
Train drivers will stage walks-out between 7 and 9 May while overtime bans will disrupt services.BBC News - Top stories -
UnitedHealth says 'substantial proportion' of Americans' information hit by cyberattack, confirms ransom payment
The cyberattack on Change Healthcare in February targeted the data of "a substantial proportion of people in America," UnitedHealth Group (UHG) said this week, with the company confirming it paid a ransom in an effort to protect patient ...The Hill - Politics -
Recently arrested Morgan Wallen says he's "not proud" of behavior
Country music star Morgan Wallen says he’s “not proud” of his behavior and accepts responsibility after being charged following accusations that he threw a chair off the rooftop of a six-story barABC News - Entertainment -
Recently arrested Morgan Wallen says he's 'not proud' of behavior
NASHVILLE, Tenn. — Country music star Morgan Wallen, who faces charges stemming in part from accusations that he threw a chair off the rooftop of a six-story bar, says he’s “not proud” of his behavior and accepts responsibility.NBC News - Top stories -
'This game is crazy': Stars weigh in on 76ers-Knicks ending
Down five points with fewer than 30 seconds remaining, New York found a way to claim a comeback win.ESPN - Sports -
Bank of England policymaker warns against cutting rates too soon
Pound rises against dollar as chief economist Huw Pill sets a different tone from deputy governorFinancial Times - Business -
2024 NHL Playoffs bracket: Stanley Cup Playoffs schedule, games, standings, TV channels, times
The 2024 NHL postseason continues on Monday nightCBS Sports - Sports - NHL -
2024 NHL Playoffs bracket: Stanley Cup Playoffs schedule, standings, games, TV channels, times
The 2024 NHL postseason continues on Monday nightCBS Sports - Sports - NHL -
Informatica says it's not for sale, following Salesforce's reported interest in $10 billion deal
Informatica said Monday it was not currently in talks to sell itself, pouring cold water on reports that Salesforce was discussing a roughly $10 billion deal.CNBC - Business -
A High School Reunion Reignites a 50-Year Crush
Elaine Hall and Roland Passaro, both 88, met in junior high school in 1950 but lost touch before acting on their connection. They finally did, five decades later.The New York Times - Lifestyle -
After arrest, Morgan Wallen says he's 'not proud' of tossing chair off bar's sixth floor
Country star Morgan Wallen says he accepts responsibility after a chair-throwing incident at a bar in Nashville resulted in his arrest earlier this month.Los Angeles Times - Entertainment -
Teen held on murder charge after fatal shooting following Arkansas high school prom
A teenager is in police custody on a first degree murder charge after a high school senior was shot dead in the early hours of Sunday at a party following a prom, police said.NBC News - Top stories -
Can the Golden Knights repeat as Stanley Cup champions? What opponents (and the stats) say
Just two teams have gone back-to-back as Cup champs since 2000. Here are the cases for and against Vegas becoming the third.ESPN - Sports - NHL -
Student Protest Movement Could Cause a Tumultuous End to School Year
Columbia University offered students a virtual option for classes. Protesters were arrested at Yale and New York University. And new protest encampments popped up on several campuses.The New York Times - Top stories -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Your morning coffee may be more than a half million years old
The coffee that picked you up this morning is 600,000 years oldABC News - Tech -
Columbia says classes will be hybrid until semester ends amid protests
Columbia University's main campus will shift to hybrid learning for the reminder of the semester amid ongoing pro-Palestinian protests, the school announced Monday. "Safety is our highest priority as we strive to support our students’ learning and ...The Hill - Politics -
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts
UK’s blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023. Nils Pratley: FTSE is still an international laggardWhat’s behind the FTSE 100 record high?The UK stock market hit a record high on Tuesday, as shares were ...The Guardian - World -
Europe is the fastest-warming continent, at nearly twice the average rate, report says
Europe is the fastest-warming continent and its temperatures are rising at roughly twice the global average, two top climate monitoring organizations reported.NBC News - Top stories -
Treasury yields fall after S&P surveys show U.S. economy losing some momentum
Yields on U.S. government debt slipped Tuesday morning after data showed that weaker demand weighed on the pace of expansion in business activity this month.MarketWatch - Business -
Amazon ends drone program in California, plans to start deliveries in Arizona later this year
Amazon has been slow to expand Prime Air program since founder Jeff Bezos first sketched out his vision for drone deliveries in 2013.CNBC - Business - California -
Florida's Jac Caglianone sees record-tying home run streak come to an end after nine games
Caglianone, a certain top-10 draft pick this summer, is a two-way star for the GatorsCBS Sports - Sports -
Cruz breaks slump with 3 hits, Jones cruises as Pirates beat Brewers 4-2 to end 6-game skid
Oneil Cruz broke out of a slump with three hits, rookie Jared Jones allowed one run in six innings and the Pittsburgh Pirates ended their skid at six games, beating Milwaukee 4-2 to stop the Brewers’ four-game win streakABC News - Sports - MLB -
Seeking rebound, Sixers say board game is key
While the 76ers could point to a number of reasons they fell short in Game 1 against the Knicks, rebounding was the main area of concern ahead of Monday's Game 2.ESPN - Sports -
Russia says US support for Ukraine will end as 'humiliating fiasco' like 'Vietnam and Afghanistan'
The Kremlin warned that American support for Ukraine could turn into a decade-long folly, urging the U.S. to not oppose its invasion of the country as Congress appears set to pass a $60 billion aid package. The aid deal comes after months of ...The Hill - Politics - Ukraine -
Couple grew their basement side hustle into a business bringing in $4.5M/year: We'd 'never seen anything like that in a bank account'
Audrey Finocchiaro and Sam Lancaster nearly gave up on The Nitro Bar. Now, their coffee business brings in $4.5 million a year across Rhode Island and Massachusetts.CNBC - Business