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Weak Equities Could Give Dollar an Extra Lift if Fed Points to Rate-Cut Delays
Equity markets falling while the Fed pushes back on interest-rate cut prospects due to persistently high inflation during Wednesday’s announcement, could be a boon for the dollar, ING said.The Wall Street Journal - World - Federal Reserve -
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
Browns reportedly asking taxpayers to fund half of $2.4B new stadium or $1B in upgrades to current stadium
The Browns want Cleveland taxpayers to kick in some cash for a new stadium. Just a few billion dollars or so.Yahoo Sports - Sports -
National 3-point shooting leader Koby Brea becomes the 5th transfer this week to land at Kentucky
Koby Brea, who led the nation in 3-point shooting for Dayton, has announced he will play his final season at KentuckyABC News - Sports -
On TikTok, Potential Ban of App Leads to Resignation and Frustration
While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people.The New York Times - Tech -
Celebrities and Journalists Mix at Parties for White House Correspondents Dinner
In Washington, celebrities mixed with journalists and government officials at glittery parties before the annual White House Correspondents’ Association dinner.The New York Times - Lifestyle -
Why Success Can Lead to Innovation Blindness
The problem isn't your team--it's organizational mindsets and behaviors that cause us to overlook new opportunities.Inc. - Business -
Starbucks’ ‘grande headwinds’ lead to rare downgrades for the stock
Starbucks Corp. worse-than-expected quarter and grim predictions for the year brews a mix of discontent and hope on Wall Street.MarketWatch - Business -
Abreu and Criswell lead Red Sox to 4-0 win over Giants for major league-leading 6th shutout
Rookie Wilyer Abreu had a single, double and his first career triple, Cooper Criswell pitched five scoreless innings and the Boston Red Sox beat the San Francisco Giants 4-0 for their major league-leading sixth shutoutABC News - Sports - MLB -
NBA Playoffs: Evan Mobley comes up big with game-saving block to give Cavaliers 3-2 lead
The Cavaliers have the lead in NBA TV's favorite series.Yahoo Sports - Sports - NBA -
Rookie Andy Pages has 3 RBIs to continue hot start as Dodgers beat Diamondbacks 8-4
Teoscar Hernández and Andy Pages both hit two-run doubles in a big fifth inning, Will Smith added a solo homer and the Los Angeles Dodgers beat the Arizona Diamondbacks 8-4ABC News - Sports - MLB -
Falcons defend selecting Michael Penix Jr. at No. 8, feel solid about QBs for 'next five years minimum'
The Falcons signed Kirk Cousins this offseasonCBS Sports - Sports - NFL -
Rangers' Jon Gray holds Nationals to 3 singles over 8 innings in a 7-1 win
Jon Gray retired 22 of the last 23 batters he faced while limiting Washington to three singles over eight innings and the Texas Rangers won 7-1 to end the Nationals’ four-game winning streakABC News - Sports - MLB -
Adames powers Brewers past Rays 8-2. Uribe and Siri at center of wild brawl
Willy Adames hit a three-run homer and the Milwaukee Brewers beat the Tampa Bay Rays 8-2 in a game that included a nasty fight between the teamsABC News - Sports -
'Outbreak' of opioid overdoses in Austin, Texas, linked to 8 deaths and over 50 emergency calls
Police in Austin, Texas, said they responded to an "outbreak" of over 50 opioid-related overdose calls between Monday and Tuesday morning that's been linked to as many as eight deaths.NBC News - Top stories -
Heavy rains in Brazil kill at least 8 people, leave 21 missing, civil defense says
Heavy rains in Brazil’s southern Rio Grande do Sul state have killed at least 10 people and left 21 missing since MondayABC News - World - Brazil -
Music Review: Sia soars with first solo album in 8 years, ‘Reasonable Woman’
A whole album of Sia is great — great, don’t get us wrong — but Sia paired with the icon Chaka KhanABC News - Entertainment -
DJT shares close down more than 9% as Trump Media hot streak stalls
Trump Media, owner of the Truth Social app, has seen a series of gains for its DJT ticker, even after majority shareholder Donald Trump earned extra shares.CNBC - Business - Donald Trump -
Air Force Starts to Fly Some Ospreys Again Following Crash that Killed 8 Airmen in Japan
Yahoo News - World - Japan -
Werner Spitz, Forensic Expert in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Top stories -
High Fed Rates Are Not Crushing Growth. Wealthier People Help Explain Why.
High rates usually pull down asset prices and hurt the housing market. Those channels are muted now, possibly making policy slower to work.The New York Times - Business - Federal Reserve -
G7 support UN agreements on plastic, protection of the high seas
Yahoo News - World -
Werner Spitz, ‘Medical Detective’ in High-Profile Murders, Dies at 97
He figured in the examination of sensational cases involving President John F. Kennedy, Martin Luther King Jr., O.J. Simpson and others.The New York Times - Science -
Corn to Power Airplanes? Biden Administration Sets a High Bar.
Producers of biofuels like ethanol, which could help create a new generation of jet fuel, would have to overhaul their practices to receive tax credits.The New York Times - Top stories - Joe Biden -
Michelle Obama surprises high school students in DC on College Signing Day
Former First Lady Michelle Obama surprised high school students from Washington, D.C., Maryland and Virginia to celebrate College Signing Day and their decision to pursue higher education. “Look, on a day when so much is about looking ahead, I ...The Hill - Politics -
Treasury yields end at lowest levels in at least a week after Fed’s Powell sees unlikely chance of a rate hike
Yields on U.S. government debt finished at their lowest levels in a week or more on Wednesday, after Federal Reserve Chair Jerome Powell delivered comments seen as more dovish comments than what was implied by the central bank’s own policy statement.MarketWatch - Business -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - World -
The limits of what high interest rates can now achieve
We need to be realistic about what monetary policy can and cannot doFinancial Times - Business -
What junk? High-yield bonds outperform in a turbulent April
High-yield, or “junk bonds,” outperformed in a turbulent April for financial assetsMarketWatch - Business -
Novo Nordisk raises profit forecast on high demand for weight loss drugs
Danish group beats expectations with first-quarter sales up 24%Financial Times - Business -
Knicks vs. 76ers: NBA admits Tyrese Maxey's crucial 4-point play in Game 5 should have been waved off
For the second time this series, a frantic ending featured a few missed callsCBS Sports - Sports - NBA -
Ten of 11 S&P 500 sectors suffer their worst month in 2024. Here’s what comes next.
U.S. stocks closed out their worst month of 2024, with ten out of the S&P 500 index’s 11 sectors posting their biggest monthly percentage decline this year.MarketWatch - Business -
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.CNBC - Business -
How Diablo 4's Loot Reborn Update Will Make Its Items, And Players, More Powerful Than Ever
With three seasons under Diablo 4's belt since its launch, it's safe to say a lot has changed for Blizzard's ARPG. But it will be the game's upcoming Season 4 update on May 14, dubbed Loot Reborn, that marks the biggest shift for Diablo 4 yet, ...GameSpot - Tech -
Reasons why the AI stock correction may be overdone
Recent sharp moves highlight the hypersensitivity of the sector to relatively benign cyclical movesFinancial Times - Business -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk -
Elon Musk fires Tesla’s entire supercharger team
Electric-car maker’s public policy unit also being disbanded as chief announces in memo hundreds more jobs to be cutFinancial Times - Business - Elon Musk