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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
The Rocket Fuel Behind China Shock 2.0: Weak Currency, Deflation
Flat to falling prices coupled with inflation elsewhere and a lower exchange rate have turbocharged China’s export boom.The Wall Street Journal - World - China -
Eurozone Bond Weakness in April Was Mainly Driven by U.S. Treasurys
Eurozone government bonds remained primarily stuck in a bond-negative pull in April, emanating from the Treasury market, LBBW said.The Wall Street Journal - World -
Dollar Recovers Much of Its Losses After Weak U.S. Jobs Data
UniCredit said the dollar’s recovery following Friday’s post-data losses was helped by the fact the prices paid component of the ISM survey jumped to nearly 60, suggesting that inflation pressures remain.The Wall Street Journal - World -
Five of the best ranch homes for sale
Saddle up for spectacular scenery and professional riding facilitiesFinancial Times - World -
Remote coastal homes for sale in Great Britain – in pictures
From a cottage built into sand dunes with its own ‘stargazing room’ to an eco cabin-style home in a walker’s paradise Continue reading...The Guardian - World -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Hershey Boosted by Higher Prices and Sales Volumes
Consumers are still paying up for chocolate. Candy giant Hershey said sales rose 8.9% from year-ago levels, benefiting from both higher prices and volumes.The Wall Street Journal - World