For Many Insulin Users New Price Cuts Will Be A Lifeline
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The Price We Pay for Having Upper-Class Legislators
What explains the almost total absence of working-class people from elected positions in state government?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 -
Oil Extends Losses on U.S. Inflation Concerns
Oil prices were down more than 1% in Europe after the latest U.S. economic data further dented hopes the Federal Reserve could start cutting interest rates anytime soon.The Wall Street Journal - World -
House prices fall as lenders raise mortgage rates
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.BBC News - Top stories - Mortgage -
Yousaf says he 'paid price' for upsetting Greens
But the outgoing first minister insists he was right to tear up the government's power-sharing agreement.BBC News - Top stories -
Jags cut WR Jones after picking Thomas in draft
The Jaguars have released wide receiver Zay Jones, the team announced Tuesday.ESPN - Sports - NFL -
Amazon cost cuts drive operating margin into double digits for first time
Amazon's operating margin jumped past 10%, topping a prior high of 8.2% in 2021.CNBC - Business -
How much will the 2p National Insurance cut save me?
A further 2p cut in National Insurance for 27 million workers has come into effect.BBC News - Top stories -
The Fed rate decision meeting is today. Here are the odds of a cut.
Inflation-weary consumers have also been slammed by high borrowing costs. Here's what economists expect the Fed to announce.CBS News - Top stories - Federal Reserve -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Powell Likely to Signal Rate Cut Unlikely Until Inflation Drops
The Fed weighs three straight reports of persistent inflation with calls to lower interest rates at its latest meeting.Inc. - Business -
Fed holds off on rate cuts after 'lack of further progress' on inflation
The Federal Reserve voted to keep interest rates at a 23-year high as inflation has edged up and the labor market remains strong, likely pushing potential rate cuts even later into the year. Interest rates will remain at a range of 5.25 to 5.5 ...The Hill - Politics - Federal Reserve -
Bank of Canada 'Getting Closer' to Rate Cuts, Macklem Says
Central bank officials are confident inflation will continue to decelerate, Gov. Tiff Macklem said, adding that higher rates in Canada are having ‘more traction’ than in the U.S.The Wall Street Journal - World -
Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.The Wall Street Journal - World -
Colombia to cut diplomatic ties with Israel over Gaza war
Yahoo News - World - Israel -
Narcan-Maker Emergent BioSolutions to Cut 300 Jobs, Close Facilities
Emergent BioSolutions is closing several manufacturing facilities and cutting hundreds of jobs as part of a restructuring as the company narrows its focus on products, including Narcan nasal spray.The Wall Street Journal - Business -
Fed’s Powell keeps the door open for a July rate cut
Here are more details of the four main takeaways from Powell’s press conference.MarketWatch - Business - Federal Reserve -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - Business -
Jay Powell’s dilemma: the US economy is too strong to cut rates
Sticky inflation means the Federal Reserve less likely to reduce borrowing costs before November electionFinancial Times - World -
Canada’s oil industry cuts reliance on US market as pipeline expands
Trudeau government completes C$34bn Trans Mountain project amid cost overruns and climate concernsFinancial Times - World -
With more of us living longer, traditional retirement plans just won’t cut it
Whatever your age, you need to invest more in your future to ensure you age well.MarketWatch - Business -
Peloton CEO Barry McCarthy to Step Down Amid Fresh Layoffs
The fitness-equipment maker has warned of cash-flow issues and continued losses amid a decline in paying subscribers and a recall.The Wall Street Journal - World -
Peloton cutting about 400 jobs worldwide; CEO McCarthy stepping down
Peloton is cutting about 400 jobs worldwide as part of a restructuring effort and its CEO Barry McCarthy is stepping down after two years as the company continues to work on turning around its businessABC News - Top stories -
Peloton CEO Barry McCarthy Steps Down as Company Cuts 15% of Workers
Barry McCarthy took over as C.E.O. in February 2022 to revive Peloton from its late-pandemic slump, but the company has struggled to become profitable.The New York Times - Business -
Euro's Scope to Fall Due to ECB Rate Cuts Looks Limited
The European Central Bank could cut interest rates more than the Federal Reserve this year but any depreciation in the euro-dollar exchange rate may be limited, Monex Europe said.The Wall Street Journal - World -
Euro's Scope to Fall Due to ECB Rate Cuts Looks Limited
The European Central Bank could cut interest rates more than the Federal Reserve this year but any depreciation in the euro-dollar exchange rate may be limited, Monex Europe said.The Wall Street Journal - World -
Food and drinks giants flag price pressure on low-income consumers
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflationFinancial Times - Business -
Hunt warns FCA against ‘naming and shaming’ companies being investigated
Rare intervention with regulator by chancellor who says proposal could go against duty to promote growthFinancial Times - Business -
TAG Heuer Kith Formula 1 Watch 2024: Prices, Specs, Availability
Move over MoonSwatch—in a collaboration with Kith, TAG is reissuing 10 pimped versions of its classic plastic sports watch. And, yes, they will be available online (if you're fast enough).Wired - Tech -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - World - United Kingdom -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - World - China -
Mulvaney: More government intervention won’t ‘fix’ housing prices
Experience should have taught us by now that more government “fixes” at the local and federal levels will only make the problem worse.The Hill - Politics -
9 Best Password Managers (2024): Features, Pricing, and Tips
Keep your logins locked down with our favorite password management apps for PC, Mac, Android, iPhone, and web browsers.Wired - Tech -
UK house prices fall unexpectedly for second month in a row
Nationwide data reflects impact of recent rise in mortgage ratesFinancial Times - Business - United Kingdom -
Klobuchar Asks Regulators to Investigate MultiPlan Over Health Care Pricing
A data analytics firm has helped big health insurers cut payments to doctors, raising concerns about possible price fixing.The New York Times - Business -
China EV Makers Post Higher April Sales Amid Price War
BYD and a host of other Chinese electric-vehicle makers posted higher sales and deliveries in April, offering a sign of rebounding demand amid continuing price wars.The Wall Street Journal - Business - China -
Klobuchar Asks Regulators to Investigate MultiPlan Over Health Care Pricing
A data analytics firm has helped big health insurers cut payments to doctors, raising concerns about possible price fixing.The New York Times - Top stories -
Restaurant Winners Have a Common Trait: Keeping a Lid on Prices
Restaurant chains outperforming their competitors seem to have one thing in common: keeping prices down.The Wall Street Journal - World -
Restaurant Winners Have a Common Trait: Keeping a Lid on Prices
Restaurant chains outperforming their competitors seem to have one thing in common: keeping prices down.The Wall Street Journal - Business -
NIO Shares Jump After Strong Sales Amid EV Price War
The Chinese electric-vehicle maker’s shares are on track for their largest one-day gain in more than two years.The Wall Street Journal - World