Elon Musk Cuts Twitter Expenses by Falling Behind on Bills
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Trump’s tariffs could overshadow the benefits of his tax cuts, economists say
As analysts assess what a second Trump administration could mean for the U.S. economy, one team from Oxford Economics is forecasting that the proposed tariffs could eclipse any boost from tax cuts.MarketWatch - Business - Donald Trump -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
Why ARK Invest thinks it’s an 'amazing time' to invest in cutting-edge tech
ARK Invest's Brett Winston is betting big on private tech companies for long-term gains.CNBC - Business -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - World - Federal Reserve -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - World -
Divided Bank of England faces political heat over calls for rate cuts
Analysts warn chancellor against public comments on likelihood of lower interest ratesFinancial Times - Business -
2024 NFL Draft grades: Falcons pull off stunner by going Michael Penix Jr. at No. 8 to sit behind Kirk Cousins
Here's what Atlanta is getting in the former Washington QBCBS Sports - Sports - NFL -
2024 NFL Draft picks by college team, school: SEC still leading the way, Michigan rises behind strong Day 2
The Wolverines have seven draft picks during the first two days of the 2024 NFL DraftCBS Sports - Sports - NFL -
Clock ticking on landmark AI bills
The Hill's weekly technology news digest. {beacon} Advertisement Friday, April 26, 2024 LEADING THE DAY Two state AI bills face major test Image © Associated Press/Jessica Hill Two of the most consequential artificial intelligence bills ...The Hill - Politics -
Humana’s stock falls as earnings outlook to remain unclear for months
Humana’s stock turned lower Wednesday, after the health insurer reported a quarterly profit that beat expectations by a wide margin and boosted its outlook for Medicare Advantage membership growth, but said uncertainty over the earnings outlook ...MarketWatch - Business -
A Steady Stream of Road Trips Made Falling in Love Easy
As Deborah Yarchun and Benjamin Parr traveled across the country during the pandemic, their bond became stronger at each stop.The New York Times - Lifestyle -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
Caterpillar’s stock is falling toward its worst day since 2020 after earnings
Caterpillar Inc. shares were dropping premarket after the company came up a bit short on first-quarter revenue as sales volumes declined.MarketWatch - Business -
Windmill sails fall from iconic Paris cabaret club Moulin Rouge
The sails of the landmark red windmill atop Paris' Moulin Rouge cabaret club, fell to the ground overnight Thursday, much to the sorrow of tourists.NBC 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 -
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 -
US applications for jobless claims fall to lowest level in 9 weeks
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflationABC News - Top stories -
Windmill sails mysteriously fall off Paris' iconic Moulin Rouge cabaret
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.CBS News - Top stories -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
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 -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
Anglo American set to be bought or broken up after rejecting £31bn BHP offer, investors believe
UK-listed company says Australian miner’s takeover approach ‘significantly undervalues’ itFinancial Times - Business -
NatWest profits fall 27% as interest rate benefits fade
UK bank’s shares up nearly a third this year as lender moves on from scandal over closure of Nigel Farage’s accountFinancial Times - Business -
Exxon and Chevron profits dragged down by weaker gas prices
Quarterly results signal pullback from bumper earnings in past two yearsFinancial Times - Business -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
Ukraine war: Kyiv's plea for Patriots falls short in Greece and Spain
Yahoo News - World - Ukraine -
Exxon Mobil’s stock falls after profit and production drop below forecasts
Shares of Exxon Mobil Corp. dropped more than 3% Friday after the oil and gas giant reported first-quarter profit and production that fell below forecasts, even as revenue beat expectations by a wide margin.MarketWatch - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Delta plane's emergency slide falls off during flight
An emergency slide separated from a Delta plane not long after takeoff from New York City, forcing the pilots to return to the airport, officials said.ABC News - Top stories -
State responses to student protests fall along red vs. blue lines
Pro-Palestinian protesters on college campuses are getting very different responses from elected officials in red and blue states. Texas is seeing pushback after immediately responding to a peaceful demonstration with arrests, and Florida's Gov. ...The Hill - Politics -
Climber dies after 2 fall on mountain in Denali National Park in Alaska
One climber died and another was seriously injured after the two-person team fell around 1,000 feet while climbing a mountain in Alaska’s Denali National Park.NBC News - Top stories -
Tim Dowling: my banjo is out of tune, and the gig is falling apart
The band has every type of cock-up pretty much covered, but then things go from bad to worse. The band I’m in is playing over the weekend: Birmingham, Gateshead, Kendall. They are all venues we’ve played before, but not for a long while.. “Which ...The Guardian - World -
Watch Russell Westbrook get ejected as Clippers fall to Mavericks 101-90
Dallas now leads the series 2-1 with Game 4 on Sunday in 'Yahoo Sports - Sports - NBA -
Bitcoin falls after DTCC rules out collateral for bitcoin-linked ETFs
The price of bitcoin fell to a low of $62,801 early Saturday from $63,476 late Friday after the financial services giant, the Depository Trust and Clearing Corporation (DTCC) announced it will not allocate any collateral to exchange-traded funds ...MarketWatch - Business - Crypto -
Windmill sails mysteriously fall off Paris' iconic Moulin Rouge cabaret
The renowned Moulin Rouge cabaret venue's director has vowed to "rise to the challenge" after the windmill's sails fell off.CBS News - Entertainment -
Newsom introduces bill to support Arizona abortion access
California Gov. Gavin Newsom (D) announced a new bill in the state Legislature on Wednesday that would allow Arizona abortion providers to be quickly approved for work in California, in response to Arizona implementing one of the country’s ...The Hill - Politics - Abortion