America Hit Its Debt Ceiling Raising Economic Fears
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Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
Watch reaction when minister asks if Congo is a different country to Rwanda
The Question Time audience were surprised when Chris Philp answered an audience member's question about DR Congo.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Business -
Banned football fan raises £15,000 to sue
Linzi Smith's lawyer says the club's actions are a "huge overreach" in to her personal life.BBC News - Top stories -
What Is a ‘Decent Wage’? France’s Michelin Raises a Debate.
The tire maker vowed to ensure that none of its workers would struggle to make ends meet.The New York Times - Top stories -
Centene’s earnings crush estimates and company raises guidance
Centene Corp.’s stock rose 3.4% early Friday, after the managed healthcare provider blew past earnings estimates for the first quarter and raised its full-year guidance.MarketWatch - Business -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
America needs to treat ‘the cloud’ as critical infrastructure
Microsoft’s cut-throat approach is a national security risk the United States cannot abide.The Hill - Politics -
America Is Writing Checks That Mere Optimism Won’t Cover
Don’t bet the house on a rosy future.The New York Times - Top stories -
AP Week in Pictures: Latin America and Caribbean
April 19-25, 2024 A transitional council tasked with bringing political stability to gang-ravaged Haiti has been installed. Ecuadorians vote overwhelmingly for toughening the fight against gangs. Thousands of Indigenous people gather in Brazil’s ...ABC News - World -
Pro-Palestinian protests continue at colleges across the US
Pro-Palestinian protests continue at major US universities, where several schools have called police on protesters, leading to the arrests of hundreds across the country. Follow for live updates.CNN - Top stories -
The misguided laws contributing to America’s rural health crisis
CON laws deter new hospitals from forming and, by doing so, exacerbate the rural health care crisis.The Hill - Politics -
Video from Hamas shows Israeli-American hostage once feared dead
Hamas has released a disturbing new video of an American-Israeli hostage taken captive during the Oct. 7 attack. The video, which cannot be independently verified, shows Hersh Goldberg-Polin speaking under duress. He was previously feared dead.CBS News - Top stories - Israel -
Video from Hamas shows Israeli-American hostage once feared dead
Hamas has released a disturbing new video of an American-Israeli hostage taken captive during the Oct. 7 attack. The video, which cannot be independently verified, shows Hersh Goldberg-Polin speaking under duress. He was previously feared dead.CBS News - World - Israel -
Report: Up to 200,000 Palestinians have fled Rafah fearing offensive
Yahoo News - World -
David Pecker Says He and Others Around Trump Feared His Anger
They called Donald J. Trump “the boss.” The desire to avoid his fury drove many decisions made by those around him.The New York Times - Top stories - Donald Trump -
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
Alphabet's revenue jumped 15% in the first quarter and profit in the company's cloud business more than quadrupled.CNBC - Business -
India election: fears that Modi’s BJP will polarise voters in fight for key state
Muslims worry Modi’s party will rely on familiar tactics of drawing on religious divisions as it battles Congress to to retain seats in Karnataka. The sun scorched the carpeted car park at Mudipu Junction outside Mangalore in Karnataka state as ...The Guardian - World - India -
Poland’s foreign minister says Putin should fear a war with NATO
In a speech Thursday, Poland’s Foreign Minister, Radoslaw Sikorski said Russian President Vladimir Putin should fear a war with NATO as it would inevitably end in Russia’s defeat. “It is not we, the West, who should fear a clash with Putin, but ...The Hill - Politics -
Egypt Sends Negotiators to Israel, Fearing Time Is Running Out for Rafah
Cairo’s intelligence chief is leading an effort to spur a new Gaza cease-fire proposal and stave off an invasion of the crowded border city.The Wall Street Journal - World - Israel -
Egypt Sends Negotiators to Israel, Fearing Time Is Running Out for Rafah
Cairo’s intelligence chief is leading effort to spur a new Gaza cease-fire proposal and stave off an invasion of the crowded border city.The Wall Street Journal - World - Israel -
Trump will dismantle key US weather and science agency, climate experts fear
Plan to break up Noaa claims its research is ‘climate alarmism’ and calls for commercializing forecasts, weakening forecasts. Climate experts fear Donald Trump will follow a blueprint created by his allies to gut the National Oceanic and ...The Guardian - World - Donald Trump -
Ukraine war briefing: Hospitals in Kyiv evacuated over fears of Russian strikes
Evacuations come after comments by head of Belarus KGB, who said buildings hosted military personnel. What we know on day 794. Officials in Ukraine’s capital announced the evacuation of two hospitals – including a children’s hospital – that they ...The Guardian - World - Ukraine -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.The Wall Street Journal - World -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
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 -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
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 -
Here's how much credit card debt the average American has (and how to pay it off)
The average American is currently facing a hefty amount of credit card debt — but there are several ways to tackle it.CBS News - Top stories -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - Business -
Sunak pledge to boost defence spending raises prospect of cuts elsewhere
Economists and opposition question how government will lift MoD share of GDP to 2.5% and find extra £75bnFinancial Times - World -
Mercer Raises $3.9 Billion for Multi-Asset Private Capital Fund
Private Investment Partners VII is designed to provide broad private markets exposure to investors that lack the internal resources to identify the best managers.The Wall Street Journal - World -
Cybersecurity Firm Rubrik to Raise $752 Million in U.S. IPO
The company, backed by investors including Microsoft and Lightspeed Venture Partners, is selling 23.5 million shares.The Wall Street Journal - Tech -
Rubrik Shares Jump 21% in Market Debut
The Microsoft-backed cybersecurity software firm becomes the latest tech company to have an IPO.The Wall Street Journal - World -
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 -
Merck beats earnings expectations, raises outlook on strong Keytruda and vaccine sales
The first-quarter results come as Merck shows substantial progress in preparing for Keytruda's patent expiration in 2028.CNBC - Business