Companies Push Prices Higher Protecting Profits But Adding to Inflation
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P&G Sales Boosted by Higher Prices Outside the U.S.
Higher prices for diapers and razors boosted sales and profits at Procter & Gamble in the latest quarter, but the maker of Pampers and Tide said it held the line on goods in the U.S.The Wall Street Journal - World -
Inflation, Interest Rates and Oil Prices Have Jolted the Markets
Euphoria has been replaced by a much more somber mood, changing the value calculations in a host of markets, our columnist says.The New York Times - Business -
Comex Gold, Silver Settle Higher
Gold settled up 0.7% at a new record high Friday, and silver rose 1.7%, up 15 of the past 17 sessions. Both metals posted a gain for the week.The Wall Street Journal - World -
A contrarian take on the US inflation freakout
Not as bad as it looks — better for the Fed to keep calm, and carry on?Financial Times - World -
EPA issues waiver allowing higher-ethanol gas to be sold this summer
The Biden administration has issued a waiver allowing fuel with higher ethanol content to be sold during the summer months when gasoline prices typically rise. E15, a fuel blend with 15 percent ethanol, is an estimated $0.25 cheaper than E10 fuel, ...The Hill - Politics -
For a Storied N.H.L. Franchise, the Stakes Have Never Been Higher
The Oilers haven’t won a Stanley Cup since 1990. This team, with its future in limbo, could be Edmonton’s best chance.The New York Times - Sports -
BOC's Macklem Says Inflation Edges 'Closer to Normal'
Bank of Canada Gov. Tiff Macklem says inflation is getting “closer to normal” and officials will monitor incoming data to check whether the downward momentum can be maintained.The Wall Street Journal - World -
How one bridge authority is upgrading their pier protection
CBS News' data analysis found 425 bridges in 36 states over waterways used by large vessels had inadequate pier protection.CBS News - Top stories -
Columbia Fails to Protect Its Jewish Community
A toothless task force and other measures haven’t stopped antisemitism from flourishing on campus.The Wall Street Journal - World -
Parents' rights group to launch anti-TikTok ad ahead of House vote
A parents' rights group led by a former Trump administration official is launching a new ad on Friday warning of the dangers of TikTok ahead of a potential House vote on the app. The American Parents Coalition is spending $500,000 on a mix of ...The Hill - Politics - Tiktok -
Members of the Nordstrom founding family are considering a bid to take the company private.
Members of the Nordstrom founding family are considering a bid to take the company private.The Wall Street Journal - World -
Nissan Motor Cuts Annual Profit Estimate on Lower Vehicle Sales
Nissan Motor cut its net profit estimate for the fiscal year, missing analysts’ expectations, as it sold fewer cars than previously expected due to heightened competition.The Wall Street Journal - World -
American Express says cardholders are buying lots of ‘front of cabin’ plane tickets, as total spending grows 7%
American Express saw an acceleration in new card acquisitions during the first quarter, and it recorded a profit beat for the period.MarketWatch - Business -
Schlumberger posts profit gain for first quarter as revenue tops estimates
International revenue for the oil-services company rose 18% to offset softness in North America, Schlumberger’s CEO said.MarketWatch - Business -
China moves to boost foreign investment in domestic tech companies
Yahoo News - World - China -
Slash tax on profits from Russia’s frozen assets, US urges allies
Maximise every euro from immobilised reserves to aid Ukraine, says Biden adviser Daleep SinghFinancial Times - Business - Russia -
Rate-cut expectations give way to questions about a Fed hike — and how much higher interest rates should go
Portfolio managers, economists, and Federal Reserve policy makers are all asking the same question: Are U.S. interest rates, now at a 23-year-high of 5.25% to 5.5%, high enough?MarketWatch - Business - Federal Reserve -
Fed report highlights risks to financial stability if interest rates stay higher for longer
The biggest worry for the global financial system is that the Federal Reserve keeps monetary policy tighter than expected, according to experts surveyed by the central bank.MarketWatch - Business - Federal Reserve -
Japan’s inflation marks two years above BOJ’s target as meeting looms
Japan’s consumer inflation has stayed above the Bank of Japan’s 2% target for two years, government data confirmed Friday, amid speculation over further interest-rate increases.MarketWatch - Business - Japan -
Nvidia drops 10% as investors see risk in Big Tech shares
US stock markets suffer their worst run since October 2022 as investors pull back from AI betsFinancial Times - Business -
Gold prices are high: How to find the best gold prices right now
With gold prices teetering on the edge of $2,400, here's how you can find the best price available now.CBS News - Top stories -
What is bitcoin halving – and will it affect the price?
Process has coincided with a rise in price in the past and is due to take place again on Saturday. Satoshi Nakamoto, the pseudonymous creator of bitcoin, still has an influence on the cryptocurrency nearly 14 years after disappearing.. This week ...The Guardian - World - Crypto -
Finalized Biden Title IX regulations add protections for transgender students
The Biden administration Friday unveiled a final set of sweeping changes to Title IX, the federal civil rights law prohibiting sex-based discrimination at government-funded schools, after more than a year of delays and mounting pressure from ...The Hill - Politics - Joe Biden -
French athletes at Paris Olympics will receive better mental health protection
French athletes at the Paris Olympics will be offered better protection for their mental health with priority given to curbing online harassment and cyberbullyingABC News - Health - France -
French athletes at Paris Olympics will receive better mental health protection
French athletes at the Paris Olympics will be offered better protection for their mental health with priority given to curbing online harassment and cyberbullyingABC News - Sports - France -
Arteta backs scrapping of FA Cup replays as Accrington posit boycott
Arsenal manager says change needed to ‘protect our players’Accrington chairman open to boycott if ‘enough clubs’ want itMikel Arteta insisted that the scrapping of FA Cup replays was necessary to “protect our players” as Accrington Stanley’s ...The Guardian - World -
The Iron Dome Isn't Meant to Protect Tehran From Consequences
One of the most potent weapons Israel could level against Iran remains clever diplomacy.The Wall Street Journal - World -
Climate Watch: Protecting the Planet | How sustainable fashion reduces greenhouse gasses
In this episode of “Climate Watch: Protecting the Planet,” CBS News senior environmental correspondent Ben Tracy explores the innovative ways both people and companies are making fashion more sustainable ahead of Earth Day.CBS News - Top stories - Climate -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Michigan Democratic Party reserves over $10M in ads ahead of state House elections
Michigan's Democratic Party is reserving $10.5 million in ad reservations in a bid to support candidates running in the state House elections in November. The party will spend $2.5 million in Grand Rapids, Lansing, and Detroit, respectively. One ...The Hill - Politics -
McCarthy-aligned group running ads against Republicans who triggered his speaker ouster
Politico - Politics - Republican Party -
Purple pain: Our first-round forecast isn't what LeBron & AD want to hear
L.A. has a tough matchup against the defending champs, and our crew's pick might be rough for Lakers fans. Here's how we see each first-round series unfolding.Yahoo Sports - Sports -
The Push to StoreRenewable Energy in Massive Salt Caverns
Renewable power is used to produce hydrogen, which is stored in underground caverns until it is needed for green energy.The Wall Street Journal - World -
Drought Pushes Millions Into ‘Acute Hunger’ in Southern Africa
The disaster, intensified by El Niño, is devastating communities across several countries, killing crops and livestock and sending food prices soaring.The New York Times - Science -
Bob Graham, ex-senator and Florida governor, dies at 87
He sought the Democratic presidential nomination in 2004.Politico - Politics - Florida