Consumer Spending Rose More Than Expected in April
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US economy grew less than expected in first quarter at 1.6% rate
Previous indicators of robust growth have set back expectations of Fed rate cuts and wrongfooted marketsFinancial Times - World -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
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 -
Many Americans retire far earlier than expected — and not by choice
About 7 in 10 retirees stop working before they turned 65. For many of them, it was for reasons beyond their control.CBS News - Top stories -
Meta says revenue will be weak as it spends even more on AI
Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecast. Meta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a ...The Guardian - World -
Sweden should spend more on defense and increase the number of conscripts, lawmakers recommend
Yahoo News - World -
Sweden should spend more on defense and increase the number of conscripts, lawmakers recommend
A Swedish parliament committee says Sweden should increase its annual military budget by nearly 54 billion kronor ($5 billion) by 2030 to strengthen its air defenses and increase the number of conscripts, among other measuresABC News - World -
Nurse who stole more than £100k from patients jailed
He forged the signature of an elderly woman who was incapable of holding a pen, say police.BBC News - Top stories -
More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction
Spicy, steaming, slurpy, ramen might be everyone’s favorite Japanese foodABC News - World - Japan -
More than 160 pilot whales stranded in Western Australia
Yahoo News - World - Australia -
More than 100 pilot whales are rescued after being stranded in Western Australia
More than 100 long-finned pilot whales that beached on the western Australian coast have returned to sea, while 31 died on the shore, a whale researcher said.NBC News - Top stories - Australia -
Hertz to sell 10,000 more EVs than planned, and stock suffers record plunge
Hertz’s stock resumed its selloff on Thursday, after the rental car company reported a much wider-than-expected first-quarter loss, and significantly expanded its plan to sell off its electric vehicles.MarketWatch - Business -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Tanzania floods and landslides kill more than 150 - PM Kassim Majaliwa
Yahoo News - World -
The complexities of racing an oval: it's more than just turning left
"Go fast, turn left." The cliche is well known among NASCAR crowds, and Alanis King speaks to the series' best to explain the nuances of stock car's oval racing.ESPN - Sports -
Trump’s Immunity Case Was Settled More Than 200 Years Ago
But several members of the Supreme Court seem willing to put presidents above the rule of law.The New York Times - Top stories - Donald Trump -
More than 250 musicians call for concert ticketing reform
More than 250 musicians, including notable figures such as Billie Eilish and Lorde, have signed a letter to Congress calling for concert ticket reform. “We know you are hearing from many people about concert ticketing and its impact on fans,” ...The Hill - Politics -
More than a dozen tornadoes touch down across Texas, Oklahoma and Nebraska
More than a dozen tornadoes have touched down in three states – Texas, Oklahoma and Nebraska. Video shows a massive twister tearing across the interstate north of Lincoln, Nebraska, as large pieces of debris flew through the air. Omar Villafranca ...CBS News - Top stories -
Shardlake: murder mysteries don’t get more fantastically creepy than this
Set in a spooky Tudor monastery, Arthur Hughes and Sean Bean must solve a fateful crime while all the monks seemingly have secret affairs. It’s fun, knowing TV … I just hope you’ve all done A-level history. I have figured out my thing with murder ...The Guardian - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.
Unilever backed its full-year guidance after reporting better-than-expected revenue for the first-quarter on higher volumes.The Wall Street Journal - World -
Snap shares rocket 28% after company reports unexpected profit, better-than-expected revenue
Snap shares soared on Friday after the company provided uplifting results, suggesting its online ad business is getting back on track.CNBC - Business -
At least 70 people killed by flooding in Kenya as more rain is expected through the weekend
Yahoo News - World -
At least 70 people killed by flooding in Kenya as more rain is expected through the weekend
Flooding and heavy rains in Kenya have killed at least 70 people since mid-March, a government spokesperson, twice as many as were reported earlier this weekABC News - World -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
French strike forces Ryanair to cancel more than 300 flights across Europe
Ryanair urges European Commission to protect overflights and keep EU skies open. Ryanair has demanded that the EU reform its skies after the airline was forced to cancel more than 300 flights across Europe scheduled for Thursday because of a ...The Guardian - World -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Donald Trump's media company CEO Devin Nunes wants Congress to probe possible manipulation of the company's stock.CNBC - Business - Donald Trump -
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platformsABC News - Tech -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 129 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 34.The Wall Street Journal - World - Israel -
Bears request more than $2 billion in public money to fund $4.6 billion stadium project
The numbers for the Bears' proposed stadium project are astounding.Yahoo Sports - Sports -
Trump Media jumps more than 9% after CEO asks House GOP to probe possible DJT stock 'manipulation'
Shares of Trump Media shot up more than 9% on Wednesday, hours after the company revealed it was urging House Republican committee leaders to investigate possible “unlawful manipulation” of its stock.NBC News - Top stories - Donald Trump -
Ousmane Dembele's prolific PSG form means Champions League semifinalists are more than just Kylian Mbappe
Kylian Mbappe returned to the Parisien XI with two goals and an assist in Lorient, but Dembele's rise has been equally vitalCBS Sports - Sports - UEFA Champions League -
USWNT legend Megan Rapinoe on WNBA's Caitlin Clark era: 'It's so much more than Caitlin'
The retired USWNT star reflected on the foundation laid for the sensation around Clark and her excitement for what's to comeCBS Sports - Sports -
Turkish rail officials jailed for more than 108 years for crash that left 25 dead
A court in Turkey sentenced nine rail officials to more than 108 years’ imprisonment over a crash six years ago that killed 25 people, local media reported on ThursdayABC News - World -
Spurs v Arsenal has extra edge but derby mentality may be more key than form | Karen Carney
Mikel Arteta’s side are chasing the title but Ange Postecoglou wants a top-four spot and has the tools to hurt his local rivals. After Arsenal lost to Aston Villa and went out of the Champions League in the same week, there were suggestions their ...The Guardian - World -
More than 100 inmates break free from an old Nigerian prison after heavy rains
Yahoo News - World -
Dow closes lower by more than 370 points as inflation, growth worries resurface: Live updates
Stocks fell Thursday after the latest U.S. economic data showed a sharp slowdown in growth and pointed to persistent inflation.CNBC - Business -
More than 100 inmates break free from an old Nigerian prison after heavy rains
A Nigerian official says more than 100 inmates have escaped from a prison near the capital city of Abuja after heavy rains overnight destroyed parts of the facility, including the perimeter fenceABC News - World -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business