World Bank Warns Global Economy
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Apple vs. the world: Can the tech giant survive a global regulatory onslaught?
Apple has a strong track record fighting antitrust enforcers, but the global scope of its current fight is something new.MarketWatch - Business - Apple -
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.
The OECD said the global economy could suffer a significant setback if an escalation of conflict in the Middle East were to push oil prices sharply higher.The Wall Street Journal - World -
Norges Bank Holds Rates, Hints at Later Cut
Norway’s central bank held its key policy rate at 4.5% and reiterated that it was likely to stay at that level for some time, as high wage growth and a weak krone keep inflation elevated.The Wall Street Journal - World -
Bank holiday weather: Will it be warm or wet?
It's been warming up this week but could rain spoil your plans for the long weekend?BBC News - Top stories -
Top 20 Global Concert Tours from Pollstar
Top 20 Global Concert Tours from Pollstar from week 05/06/2024ABC News - Entertainment -
Pro-Palestinian campus protests are going global
Pro-Palestinian demonstrations that have rocked college campuses in the United States are now gaining traction across the world as protesters join the movement globally.NBC News - Top stories -
Danske Bank Outlook on Track as Demand Sustained
Danske Bank backed its full-year guidance after reporting in-line first-quarter earnings on good demand for its products, efficiency gains and strong credit quality.The Wall Street Journal - World -
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 -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
Gambling-software company Games Global valued at about $2 billion in IPO
Games Global, which recently entered the U.S. market, has 40 exclusive studios, more than 1,300 proprietary games, and “some of the industry’s highest paying progressive jackpot network,” according to the company.MarketWatch - Business -
Agustín Carstens: ‘the Basel regime has been very good for the banks’
The BIS head on making global banking betterFinancial Times - World -
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 -
Venomous snakes likely to migrate en masse amid global heating, says study
Researchers find many countries unprepared for influx of new species and will be vulnerable to bites. Climate breakdown is likely to lead to the large-scale migration of venomous snake species into new regions and unprepared countries, according ...The Guardian - World -
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 -
The next airport terminal lounge or club you pass may also be a bank branch
Airport terminal bank branches with airline club amenities are growing as financial brands seek to catch the attention of travelers and remote workers.CNBC - Business -
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 -
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 -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.
Sony Pictures and Apollo submitted a $26 billion all-cash offer for Paramount Global, the latest twist in one of the messiest deal dramas in recent memory.The Wall Street Journal - World -
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank's lending business.
Standard Chartered posted a rise in first-quarter net profit due to higher trading income, despite lower earnings from the bank’s lending business.The Wall Street Journal - World -
Kenya orders flood evacuations as it warns dams could spill
Residents near 178 bodies of water have been told to leave as flooding is set to worsen.BBC News - Top stories -
Young Democrats warn Biden he must quickly change course
Young Democratic voters are sounding the alarm and warning President Biden that his reelection bid could be in jeopardy if he doesn't change course on the issues that matter most to them, including the war in Gaza. While they have soured on Biden ...The Hill - Politics - Joe Biden -
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Inside the Christian TV show rallying Trump superfans with apocalyptic warnings
“FlashPoint” has gained influence on the Christian right by portraying Donald Trump as a singular leader anointed by God to save America.NBC News - Top stories - Donald Trump