Uk Economy Beats Expectations
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FirstFT: Apple beats expectations
Also in today’s newsletter, Apollo and Sony team up for Paramount bid and Turkey cuts trade ties with IsraelFinancial Times - World - Apple -
US economy adds 175K jobs in April, falling short of expectations
The U.S. economy added 175,000 jobs and the jobless rate ticked higher to 3.9 percent in April, according to Labor Department data released Friday. After several hotter-than-expected jobs reports, April's employment gains fell short of economists’ ...The Hill - Politics -
Societe Generale Shares Climb on Above-Forecast First Quarter
Societe Generale’s results were better than expected at the revenue and underlying profit levels and showed early recovery signs in French retail banking, analysts said.The Wall Street Journal - World -
Daimler Truck Targets Unchanged After Earnings Beat
Daimler Truck reported higher core profits in the first quarter, driven by gains in North America, and said it was on track to meet its financial targets for the year despite headwinds in Europe increasing.The Wall Street Journal - World -
Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
US job market shows signs of cooling, with just 175,000 jobs added in April
The latest snapshot on US employment was a shocker: The economy added 175,000 jobs, far below expectations for 235,000 and a reversal of the trend for robust monthly gains.CNN - Top stories -
The strange new economy of all-you-can-eat buffets
Red Lobster is in trouble but luxury feasts with unlimited steak and champagne are thrivingFinancial Times - Business -
Nylander and Woll help Maple Leafs beat Bruins 2-1 to force Game 7
William Nylander scored twice, Joseph Woll made 22 saves and the Toronto Maple Leafs beat the Boston Bruins 2-1 on Thursday night to force a seventh game in the first-round Eastern Conference seriesABC News - Sports - NHL -
Societe Generale chief defends controls after Hong Kong trader’s unauthorized bets
The French banks both outstripped analysts’ expectations, causing their share prices to surgeMarketWatch - Business - Hong Kong -
Ranking AFC teams following 2024 NFL Draft: Chiefs remain team to beat, Texans on the rise
Who are the best teams in the AFC following the NFL Draft?CBS Sports - Sports - NFL -
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
Weaker-Than-Expected Payrolls Push Down Dollar
The dollar weakened, with the WSJ Dollar Index down, as April jobs report missed expectations.The Wall Street Journal - World -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Texas Democrat declares innocence ahead of expected indictment
Rep. Henry Cuellar (D-Texas) addressed an expected indictment following reports the Justice Department is preparing charges against him, saying he is “innocent of these allegations” and still plans to seek reelection. The Justice Department ...The Hill - Politics -
Sanctions and a hobbled economy pull the rug out from under Iran's traditional carpet weavers
The historic Kashan bazaar in central Iran once sat on a major caravan route, its silk carpets known the world overABC News - World -
Interest rate cut bets rise as US job creation slows; FTSE 100 at record high – business live
Rolling coverage of the latest economic and financial news, as latest US non-farm payroll shows weakening job creation. Newsflash: The UK’s services sector has posted the fastest business activity growth in almost a year, reinforcing hopes that ...The Guardian - World -
Fed still trying to assess if recent hot inflation readings mean economy is ‘overheating,’ Goolsbee says
“Everybody’s just got to take a step back and try to figure out ‘is that a sign that the economy is overheating, or is that a sign of some other thing’?” Goolsbee said.MarketWatch - Business - Federal Reserve -
Miami Heat 2024 NBA offseason preview: Don't expect major changes
Heat Culture may mean a more cautious approach to retool around Jimmy Butler and Bam Adebayo.Yahoo Sports - Sports - NBA -
April Jobs Report Shows Slowing But Still Steady Hiring Pace
The Labor Department said employers added 175,000 jobs last month, a dip from March but another consecutive month that adds to the longest period of unemployment under 4 percent since the 1960s.Inc. - Business -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
Young Pacers exceed expectations by advancing to Eastern Conference semifinals
Coach Rick Carlisle keep insisting the Indiana Pacers wanted to do more than just make the playoffsABC News - Sports -
What can we expect from the final Gavin and Stacey?
The Christmas special in 2019 left 17.1 million viewers on tenterhooks with a cliffhanger ending.BBC News - Top stories -
April jobs report misses expectations, signaling a possible slowdown
U.S. employers added 175,000 jobs in April.ABC News - Top stories