Shrinking Savings and Rising Debt Leave Consumers on Shaky Financial Footing
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Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
Kid Cudi cancels tour after breaking foot
"The injury is much more serious than I first thought," says the rapper as he cancels tour dates.BBC News - Top stories -
Why now is a great time to consider debt relief
A debt relief service may be able to help you deal with mounting debt. Here's why now is a great time to sign up.CBS News - Top stories -
Blinken raises Chinese trade practices in meetings with officials in the financial hub of Shanghai
U.S. Secretary of State Antony Blinken has raised what the U.S. describes as unfair Chinese trade practices in meetings with local government officials in the financial hub of ShanghaiABC News - World -
Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
Newey to leave Red Bull over Horner allegations
Red Bull design chief Adrian Newey is to leave the team in the wake of the controversy involving allegations about team principal Christian Horner.BBC News - Top stories -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
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 -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
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 -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
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 -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Hawaiian scientist quests to find and save the state’s native sugarcanes
Sugarcane biodiversity disappeared as big plantations dominated the sugar trade in Hawaii, but now native varieties are making a comeback. . Noa Kekuewa Lincoln remembers when he first encountered native Hawaiian sugarcane in 2004. The fresh ...The Guardian - World -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
Bank of Canada Officials Split on How Soon Rate Cuts Could Start, Minutes Say
Senior Bank of Canada officials were divided on how soon the central bank could start cutting interest rates, although they agreed cuts should proceed gradually given the risk of inflation reaccelerating, according to a summary of deliberations ...The Wall Street Journal - World -
Boeing Burns Through $4 Billion of Cash and Scales Back 737 MAX Production
The aircraft maker has cut production to fix quality problems after door-panel blowout.The Wall Street Journal - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Ecuador's Former Comptroller General Convicted in Case Tied to Odebrecht
Carlos Ramon Polit Faggioni was convicted in Miami of accepting more than $10 million in bribes from the Brazilian construction company.The Wall Street Journal - World -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?The Wall Street Journal - World -
IBM to Buy HashiCorp in $6.4 Billion Deal
IBM will pay $35 a share for the cloud-software company in cash, giving the company access to HashiCorp’s roster of some 4,400 clients.The Wall Street Journal - World -
The 4 best places to put your savings right now
Elevated interest rates are a boon to savers, with some accounts delivering yields between 5% and 6%.CBS News - Top stories -
How athletes and entertainers like Shohei Ohtani get financially duped by those they trust
Athletes and entertainers lose money because they're inattentive, make risky investments and overspend on loved ones and expensive toys, financial experts say.Los Angeles Times - Entertainment -
Mother describes leaving Idaho for an abortion as Supreme Court considers its ban
The Supreme Court will weigh whether Idaho's abortion ban conflicts with a federal law that requires hospitals to provide patients treatment in emergencies.NBC News - Top stories - Abortion -
10,000 council staff stuck on sick leave, say Lib Dems
NHS waiting lists must be urgently reduced so people can get back to work, the party argues.BBC News - Top stories -
Australian Journalist Says She Had No Choice But to Leave India
Avani Dias said that she had been denied a visa renewal for weeks because of her reporting on the Sikh separatist movement. Indian officials disputed her account.The New York Times - World - Australia -
They Entered College in Isolation and Leave in Protest: The Class That Missed Out on Fun
The pandemic left many students anxious and lonely, still choosing to go to class online, watch games on their phones and eat meals in their rooms. ‘We’ve never had a calm time when we can just focus on being kids.’The Wall Street Journal - World -
Mother describes leaving Idaho for an abortion as Supreme Court considers its ban
The Supreme Court will weigh whether Idaho's abortion ban conflicts with a federal law that requires hospitals to provide patients treatment in emergencies.NBC News - Politics - Abortion -
Breaking barriers: The rise of women's weightlifting
From improved mental health to enhanced confidence, women are reaping the benefits of weightlifting.BBC News - Top stories -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is "not in a condition to be closed."Los Angeles Times - Entertainment -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
April 24, 2024 - US university protests
Pro-Palestinian protests are taking place at major American universities, prompting some officials to take extraordinary steps to confront the growing crisis. Follow for live news updates.CNN - Top stories -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
A day later, 'The Save' still had Panthers marveling at Bobrovsky's NHL playoff heroics
In the moment, The Save kept the game tiedABC News - Sports - NHL -
Cowboys place surprise designation on Micah Parsons' fifth-year option to save $3 million
Parsons played predominantly along the defensive line in 2023 despite Dallas officially listing him as a linebackerCBS Sports - Sports - NFL -
BlackRock wants to make it easier to get paycheck-like income from your retirement savings
One of Americans' biggest retirement fears is running out of money. BlackRock hopes a new way to take paycheck-like withdrawals from investments may help.CNBC - Business -
Ethnic Karen guerrillas in Myanmar leave a town that army lost 2 weeks ago as rival group holds sway
Guerrilla fighters from the main ethnic Karen fighting force battling Myanmar’s military government have withdrawn from the eastern border town of Myawaddy two weeks after forcing the army to give up its defenseABC News - World -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World