Philippines records strongest economic growth in over 40 years
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Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Beyoncé sends 2-year-old Philippines boy flowers after viral video
Two-year-old Tyler Fabregas asked his mother "Where's Beyoncé?" in a viral TikTok video she posted last week from Manila.CBS News - World -
Beyoncé sends 2-year-old Philippines boy flowers after viral video
Two-year-old Tyler Fabregas asked his mother "Where's Beyoncé?" in a viral TikTok video she posted last week from Manila.CBS News - Top stories -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
'We lost £26,000 in a year' - shoplifting hits record in England and Wales
Shoplifting was up by 37% in the year to December 2023, the highest since records began in 2003.BBC News - Top stories -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
Supercell to release Squad Busters, 1st new game in over 5 years
Supercell announced that Squad Busters will launch on May 29 as its first global game in over five years.VentureBeat - Tech -
NBA playoffs: Heat even series vs. Celtics with franchise record in 3-pointers, Thunder dominate Pelicans
The Thunder did No. 1 seed things. The Celtics not so much.Yahoo Sports - Sports - NBA -
This 35-year-old had 5 failed businesses before starting her grocery store chain – now it brings in over $8 million a year
Success didn't come easy for Pang Gek Teng, the 35-year-old founder and CEO of Surrey Hills Grocer, an Australian-inspired grocer and café brand in Singapore.CNBC - Business -
A new wave of e-commerce disruption could close 45,000 retail stores over the next five years, analysts say
UBS analysts have suggested that e-commerce isn’t done upending brick-and-mortar retail just yet.MarketWatch - Business -
Stephen Curry named NBA's Clutch Player of the Year: Warriors star wins honor over DeMar DeRozan
Curry is the second-ever winner of the Clutch Player of the Year awardCBS Sports - Sports - NBA -
France and the Philippines to start talks on a `visiting forces agreement,' French envoy says
The French ambassador to Manila says her country and the Philippines will start talks next month on a proposed defense pact that would allow troops from each country to hold exercises in the other’s territoryABC News - World - France -
Battery storage costs could fall up to 40 percent by 2030: IEA
A steep decline in battery costs will be the primary driver in the transition from fossil fuels to renewable energy in the years ahead, the International Energy Agency (IEA) projected. Battery costs have declined more than 90 percent in about a ...The Hill - Politics -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - Business -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Greece’s economic rebound in (painful) context
Scar tissue that I wish you sawFinancial Times - World -
Patriots owner says 'Jew hatred' on U.S. college campuses parallels Germany in 1930s and '40s
New England Patriots owner Robert Kraft said Thursday that the campus protests launched nationwide in response to Israel’s campaign in Gaza are another parallel of the lead-up to the Holocaust.NBC News - Top stories -
Forecasters predict record number of hurricanes
Weather forecasters at the University of Pennsylvania predicted a record hurricane season for 2024 on Thursday, a “hyperactive” season that could threaten the Gulf Coast. The Penn forecast predicts between 27 and 39 named tropical storms, with the ...The Hill - Politics -
Stocks, Bonds Tumble After Economic Data Release
Slowing growth, stubborn inflation drive a broad-based decline in shares.The Wall Street Journal - World -
U.S. Fertility Rate Falls to Record Low
Fewer babies were born in the U.S. in 2023 than any year since 1979.The Wall Street Journal - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft