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Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
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EUR/USD Little Changed; Dollar Weakness May Be Limited Near Term
The EUR/USD traded little changed, and Danske Bank Research generally expects the pair to continue being range-bound in the near term.The Wall Street Journal - World -
Gold Edges Higher, Supported by Fed Rate-Cut Bets
Gold edged higher in the early Asian session, supported by bets for Fed rate cuts which would enhance the appeal of the non-interest-bearing precious metal.The Wall Street Journal - World - Federal Reserve -
2024 PGA Championship weather forecast: Rain and thunderstorms likely to delay play, soften Valhalla course
Forecasts suggest another wet week in Louisville for the 106th PGA ChampionshipCBS Sports - Sports -
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.
U.S. inflation eased slightly in April, offering relief to investors and the Fed after a run of economic data at the start of the year revealed simmering price pressures.The Wall Street Journal - World -
Workers are cheating on drug tests at the highest rate in more than 30 years, according to one of the largest drug-testing labs in the U.S.
Workers are cheating on drug tests at the highest rate in more than 30 years, according to one of the largest drug-testing labs in the U.S.The Wall Street Journal - World -
Oversight delays Garland contempt hearing for members to attend Trump trial
The House Oversight Committee shuffled its schedule, bumping a hearing to hold Merrick Garland in contempt of Congress so some of its members could instead attend former President Trump's hush money trial. The panel was set to meet early Thursday, ...The Hill - Politics - Donald Trump -
Siemens Cuts Digital Industries Outlook on China Weakness
Siemens cut fiscal 2024 guidance for its closely watched digital industries unit, citing a slower-than-expected recovery in its China automation operations, but raised its forecast for the smart infrastructure division.The Wall Street Journal - World - China -
Japan's Economy Shrinks Again as Inflation Hits Consumers' Pocketbooks
The weakness of the yen currency drives up the prices of imported food and gasoline.The Wall Street Journal - World - Japan -
Japan’s economy contracts in first quarter as consumer spending lags
Weak yen puts pressure on household expenses and complicates central bank’s plan to raise interest ratesFinancial Times - Business - Japan
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Caitlin Clark's pro debut is most-watched WNBA game in ESPN history, network says
More than 2 million people tuned in to see Caitlin Clark’s WNBA debut Tuesday, making it the most-watched game in the league’s history across the ESPN platforms, the network said.NBC News - Top stories - WNBA