Wall Street Expects Robust Gains
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Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Trump Calls for Release of Wall Street Journal Reporter Evan Gershkovich
“I think he’s a very brave young man,” the former president said.The Wall Street Journal - World - Donald Trump -
Trump tariffs, tax cuts and interest rates likely to fuel inflation, Wall Street and economists agree
Former President Donald Trump is building a second-term economic agenda that analysts say could reheat the very inflation that he has slammed President Joe Biden for creating.NBC News - Top stories - Donald Trump -
DATELINE FRIDAY PREVIEW: If These Walls Could Talk
Keith Morrison reports Friday, May 3 at 9/8c on NBC.NBC News - Top stories -
Amazon cloud sales growth accelerates as group prepares for more AI spending
Ecommerce company’s operating income more than triples as Amazon Web Services and adverts provide a boostFinancial Times - Business -
Lumen’s stock gains after beat on free cash flow
Lumen’s CEO cited “expected headwinds” in the latest quarter’s results but the company maintained its full-year outlook.MarketWatch - Business -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Tech Powerhouses Reap Gains From AI Cloud Computing Boom
You can't spell AI without Alphabet--or Amazon, or Microsoft, which are all making money off the need for cloud services as businesses adopt AI functions.Inc. - Business -
Dublin asylum seekers moved from Mount Street tents
The asylum seekers have been living in a makeshift camp outside the International Protection Office.BBC News - Top stories -
What's that noise in the wall? A toddler's 'monster' actually a hive of 50,000 bees
After believing a monster was responsible for the strange noises coming from the wall near her closet for the past eight months, a North Carolina toddler finally knows what all the buzz was about.NBC News - Top stories -
Natural-gas prices post their first monthly gain since October. Here’s why.
Natural-gas futures were among the largest commodity gainers in April — posting a monthly rise of almost 13% as traders bet on a slowdown in U.S. production ahead of the high-demand summer cooling season.MarketWatch - Business -
Dortmund gain advantage over PSG following narrow win to keep Champions League goals alive
Borussia Dortmund's Niclas Fuellkrug fired in a first-half goal to seal a 1-0 victory over visitors Paris St Germain in their Champions League semi-final first leg on Wednesday.ESPN - Sports - UEFA Champions League -
DoorDash loses more than expected, but sales top expectations
Food-delivery company DoorDash Inc. on Wednesday reported a worse-than-expected first-quarter loss amid signs of a slight slowdown in growth for its large U.S. restaurant business, and it offered a second-quarter forecast for a key demand metric ...MarketWatch - Business -
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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 -
Lufthansa Expects Second-Half Improvement
Lufthansa said it expects an improvement in its second-half operating result, with capacity seen at more than 95% of prepandemic levels in the third quarter, but cautioned that unit revenue will fall in the next three months.The Wall Street Journal - Business -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
2 men are charged with cutting down famous 150-year-old tree near Hadrian's Wall in England
Prosecutors in England say two men have been charged with cutting down the beloved 150-year-old Sycamore Gap tree that toppled over on Hadrian’s WallABC News - World -
Astronauts could run round ‘Wall of Death’ to keep fit on moon, say scientists
Researchers suggest cylinder to prevent astronauts losing muscle mass in low gravity environment. As humans prepare to return to the moon after an absence of more than half a century, researchers have hit on a radical approach to keeping ...The Guardian - World -
Construction spending posts bigger-than-expected drop
Construction spending fell 0.2% in March, the Commerce Department reported Wednesday.MarketWatch - Business -
U.S. Private Payrolls Beat Expectations in April
Data from the payroll company shows private sector employers added 192,000 jobs last month, more than in March and above economists' average estimates.Inc. - Business -
Wolves expect Finch to travel to Denver for G1
The Timberwolves are planning for coach Chris Finch to be with them in Denver following his knee surgery - and considering seating configurations that would allow him to safely be on the bench during games.ESPN - Sports -
Here's everything to expect from the Fed meeting that will move markets on Wednesday
Markets are anticipating a near-zero chance that the policy-setting arm of the central bank will announce any change to interest rates.CNBC - Business - Federal Reserve -
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Mississippi lawmakers expected to vote on Medicaid expansion plan with work requirement
Mississippi lawmakers are expected to vote this week on a proposal that would expand Medicaid coverage to tens of thousands more people, but it includes a work requirement that might not win federal approvalABC News - Health -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
England and Key expect World T20 ‘slugfest’ as muscle ripples from top
Amid rising tides of Twenty20 run rates, the champions have opted for more aggression in their batting lineup. England will travel to the Caribbean for their T20 World Cup defence in June without an anchor aboard ship, their team director, Rob ...The Guardian - World -
Mike Trout to undergo knee surgery, which isn't expected to be season-ending
Trout is currently tied for the MLB lead in homers.Yahoo Sports - Sports -
SK Hynix Returns to Profit, Expects Market Recovery on AI Boom
The world’s second-largest memory-chip maker expects a recovery in the memory-chip market this year as it swung to a net profit after five straight quarters of losses.The Wall Street Journal - Tech -
Amazon profits may have tripled but do not expect a dividend
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this yearFinancial Times - Business - Amazon -
Fed holds interest rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
Arizona Senate expected to vote on repeal of 1864 abortion ban
The Arizona Senate is expected to attempt to pass a repeal of the 1864 near-total ban on abortion that was upheld by the state’s Supreme Court last month.NBC News - Politics - Abortion -
Arizona Senate passes repeal of 1864 abortion ban
The Arizona Senate voted to pass a repeal of the near-total ban on abortion from 1864 that was upheld by the battleground state’s Supreme Court last month.NBC News - Top stories - Abortion -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
What to expect from Federal Reserve's third interest rate decision of 2024
The Federal Reserve is set to announce its third interest rate decision of 2024 on Wednesday. CBS News contributor Javier David, managing editor of business and markets at Axios, discusses what to expect.CBS News - Top stories