How Retailers Are Profiting from Inflation Question Gains New Urgency from Ftc Report
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Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - World -
Walmart Founder's Son to Retire From Retailer's Board
Walmart’s former chair and long-serving board member Rob Walton, the son of the retail giant’s founder, will retire from the company’s board in June.The Wall Street Journal - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
FTC votes to ban noncompete clauses that bar employees from working for competitors
The FTC claims that noncompete agreements limit wage growth and increase prices for consumers.CNBC - Business -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions
Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectationsFinancial Times - Business - Microsoft -
We know how to deter British children from alcohol, say experts, after concerns over WHO report
Study found Great Britain had worst rate of child alcohol consumption in world, but youth drinking is said still to have ‘declined sharply’. In 2000, about 19% of children under 16 in England smoked, according to Action on Smoking and Health. By ...The Guardian - World -
Trump had Stormy Daniels' and Karen McDougal's contact information saved, longtime assistant testifies
David Pecker, the former publisher of the National Enquirer, has testified about discussions with ex-Trump lawyer Michael Cohen and payments to Stormy Daniels and former Playboy model Karen McDougal.NBC News - Top stories - Donald Trump -
The central question hanging over Trump’s legal cases: From the Politics Desk
The central question hanging over Donald Trump's legal cases, Mitch McConnell's next big fight, and why Joe Biden is feeling optimistic about the 2024 election.NBC News - Top stories -
The central question hanging over Trump’s legal cases: From the Politics Desk
The central question hanging over Donald Trump's legal cases, Mitch McConnell's next big fight, and why Joe Biden is feeling optimistic about the 2024 election.NBC News - Politics -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Molson Coors’ gains from the Bud Light boycott have run their course, analysts say
When a conservative-led boycott hit Bud Light’s sales last year, light-beer rival Molson Coors Beverage Co. was among the brewers whose sales increased. But it appears those gains are quickly coming to an end, Citi analysts said Wednesday.MarketWatch - Business -
Deutsche Bank braces for €1.3bn hit to profits from Postbank litigation
Court has warned lender it is likely to lose parts of complex lawsuit brought by former shareholders of rivalFinancial Times - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Bears undrafted free agent tracker from the 2024 NFL Draft: reports
It’s undrafted free-agent season, after the 2024 NFL Draft. Here are some of the undrafted free agents the Bears reportedly signed. Check back to this story for more updates.Yahoo Sports - Sports - NFL -
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.CNBC - Business - Federal Reserve -
Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated.NBC News - Top stories - Federal Reserve -
A new set of ‘Four Questions’ for anti-Israel protesters
This week, I have my own set of Four Questions, posed to the young people occupying and disrupting college campuses and businesses to protest Israel.The Hill - Politics - Israel -
New law aims to protect devices from hackers
Speakers, fitness trackers and other internet-connected devices sold in the UK now have to meet new requirements.BBC News - Top stories -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
Spain to send Patriot missiles to Ukraine amid mounting pressure from EU and NATO allies, report says
Yahoo News - World - Ukraine -
After a man's wife was reported missing, authorities uncovered a dark secret from his past
Fran Smith’s family and the FBI agent who spent decades investigating her disappearance are outraged that New Jersey prosecutors made a deal with her husband.NBC News - Top stories -
12 portfolio companies report earnings in the week ahead. What we want to hear from each
All three major U.S. stock indexes rose this week. Earnings are once again poised drive the week ahead.CNBC - Business -
Timberwolves' Chris Finch has torn patellar tendon from collision with Mike Conley
Conley and Finch collided late in the fourth quarterCBS Sports - Sports -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
Boston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose well above forecasts, fueled by volume increases, pricing and lower returns.MarketWatch - Business -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech -
How NASA Repaired Voyager 1 From 15 Billion Miles Away
The far-traveled space probe is once again transmitting usable data, after a glitch caused months of gibberish.Wired - Tech - NASA -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - World - Tiktok -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - Tech - Tiktok -
From state contracts to a dawn raid: how Europe turned on China’s Nuctech
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - Business - China -
Europe turns on China’s Nuctech after decade of awarding security contracts
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - World - China -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
How Crackers Went From Survival Food to Gourmet Treat
Invented to feed soldiers and sailors on the move, crackers are now showing up on high-end restaurant menus, with ingredients like chickpeas, cherries and charcoal.The Wall Street Journal - World -
How wishful thinking from the West enabled Russian authoritarianism
The intellectual roots of the West’s mistakes predate the Soviet Union’s collapse.The Hill - Politics - Russia