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UK inflation: From too high, to too low?
Time to ease the squeezeFinancial Times - World - United Kingdom -
Interest earned by big UK high street banks on BoE reserves surges to £9.2bn
MP highlights scale of lenders’ ‘unanticipated income’ in 2023, but acknowledges some progress towards better savings rates for consumersFinancial Times - Business - United Kingdom -
Trump campaign calls commission's refusal to move up debates 'unacceptable'
Former President Trump’s campaign called the Commission on Presidential Debate's refusal to move up its debate schedule “unacceptable” Tuesday and suggested the 45th president could go around the body that’s sponsored all general election ...The Hill - Politics - Donald Trump -
Presidential debate commission sticks to schedule despite Trump's urging
The first general election debate is still set to take place on Sept. 16.ABC News - Top stories - Donald Trump -
The Marijuana Industry Hopes for New Highs
The Justice Department’s recommendation that restrictions on marijuana be lifted have revived expectations for a business that has waited years for such a change.The New York Times - Business -
Presidential debate commission defends schedule after Trump campaign pushes for new dates
The Commission on Presidential Debates is pushing back on criticism from the Trump campaign over its 2024 debate schedule.NBC News - Politics - Donald Trump -
Presidential debate commission defends schedule after Trump campaign pushes for new dates
The Commission on Presidential Debates is pushing back on criticism from the Trump campaign over its 2024 debate schedule.NBC News - Top stories - Donald Trump -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Top stories -
Home prices reach record highs again in February
Home prices in February increased by 6.4 percent year-over-year, according to the S&P CoreLogic Case-Shiller national home price index, released Tuesday. In January, home prices jumped by 6 percent year over year, according to the index, the ...The Hill - Politics -
Black Entrepreneurs, Frustrated by High Rates, Look to the Election
In the battleground state of Georgia, some Black entrepreneurs are frustrated over the impact of higher interest rates, a source of economic anxiety.The New York Times - Business -
Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - World -
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Companies Trim Debt, Faced With High Rates
The current high interest rates have pushed up the cost of borrowing for most companies, forcing them to tackle their debts, analysts said.The Wall Street Journal - Business -
Fantasy Baseball Trade Analyzer: Buy low/high and sell low/high candidates as we flip to May
With the calendar turning to May, fantasy baseball analyst Fred Zinkie offers some trading tips to managers looking to shake things up.Yahoo Sports - Sports -
Werner Spitz, Forensic Expert in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Top stories -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
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Werner Spitz, ‘Medical Detective’ in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Science -
Corn to Power Airplanes? Biden Administration Sets a High Bar.
Producers of biofuels like ethanol, which could help create a new generation of jet fuel, would have to overhaul their practices to receive tax credits.The New York Times - Top stories - Joe Biden -
Michelle Obama surprises high school students in DC on College Signing Day
Former First Lady Michelle Obama surprised high school students from Washington, D.C., Maryland and Virginia to celebrate College Signing Day and their decision to pursue higher education. “Look, on a day when so much is about looking ahead, I ...The Hill - Politics -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - World -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - Business -
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk bonds,” outperformed in a turbulent April for financial assetsMarketWatch - Business -
Eli Lilly assures investors it can overcome the high-quality problem of too much demand
The world's most valuable drugmaker hiked its full-year sales and profit guidance, despite missing lighter-than-expected first-quarter revenue.CNBC - Business -
NBA offseason: What is the CBA’s second apron? And how does it limit high-spending teams?
The second apron is a new, additional threshold, slated as roughly $11 million ($190 million total) above the first apron for the 2024-25 league season. It will handicap team decision-makers more than ever before.Yahoo Sports - Sports - NBA -
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.
Defaults are reaching historic levels in the office market as a growing number of owners capitulate to high interest rates and weak demand.The Wall Street Journal - World -
Fed holds interest rates at 23-year high as inflation continues to push back timing of a rate cut
The Federal Reserve said Wednesday it will hold interest rates at a 23-year high, making borrowing tougher for everything from car loans to mortgages.CNN - Top stories - Federal Reserve -
Apple juice recalled due to high arsenic levels, sold at Whole Foods, Kroger and more
Apple juice from Martinelli's sold at five major grocery retailers has been recalled due to high levels of arsenic.ABC News - Top stories - Apple -
The Federal Reserve holds interest rates steady, offers no relief from high borrowing costs — what that means for your money
The Federal Reserve pushed out rate-cut expectations — here's what that means for your credit card, mortgage rate, auto loan and savings account.CNBC - Business - Federal Reserve -
The Fed isn’t cutting rates, but these four banks are already paring rates on high-yield savings accounts
The Federal Reserve’s benchmark interest rate is staying put for now, but a handful of large banks are starting to trim the rates they offer on their high-yield savings accounts.MarketWatch - Business - Federal Reserve -
Bitcoin is falling — but could still score new all-time highs this year. Here’s why.
A weekly look at the most important news and moves in crypto, and what’s on the horizon in digital assets.MarketWatch - Business -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
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Amateur angler lands UK's 'biggest fish'
Darren Reitz says his "wrist is still hurting" from reeling in the "monster" catfish, which has been nicknamed "Scar".BBC News - Top stories -
UK lands top shooter in Dayton transfer Brea
Dayton transfer Koby Brea has committed to Kentucky, picking the Wildcats over a list of schools that included Duke, North Carolina, Kansas and UConn.ESPN - Sports - United Kingdom -
FCA under pressure to abandon plans to name firms in UK deterrence drive
Regulator confronts growing concerns within government that move will undermine competitivenessFinancial Times - Business - United Kingdom -
‘What will change?’: council funding woes loom over UK local elections
Dwindling funds fuel disenchantment in cash-strapped West Midlands borough of DudleyFinancial Times - World - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom -
As rumors swirl about her successor, UK ambassador holds court
Britain’s government and opposition party are at odds about naming a successor to Karen Pierce, who has represented the country in Washington since 2020.Politico - Politics - United Kingdom