Economy Grows with Gdp Rising 29 in Q4 First Time Jobless Claims Down
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Fauci to testify before Congress for the first time since stepping down
Anthony Fauci, former chief medical adviser to President Biden, will testify before the House Select Subcommittee on the Coronavirus Pandemic on June 3, making it the first time he will appear before a congressional panel since leaving government ...The Hill - Politics -
U.S. weekly jobless claims drop to lowest level since mid-February
Initial jobless claims fell by 5,000 to 207,000 in the week ended April 20, the Labor Department said Thursday.MarketWatch - Business -
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 -
Slowing Down for Poetry and Time
A London exhibition by Van Cleef & Arpels will showcase heritage pieces alongside novelties introduced at the Watches and Wonders fair.The New York Times - Lifestyle -
GDP set to top 2% again, extending hot streak for U.S. economy
The U.S. economy appears to have grown by 2% or more for the seventh quarter in a row in the first three months of 2024 — but a wider trade deficit could throw up a roadblock.MarketWatch - Business -
Cowboys NFL Draft trade: Dallas moves down five spots to No. 29 after swapping picks with Lions
Jerry Jones opts to trade down for only the third time since 2010, something he seemed resistant to TuesdayCBS Sports - Sports - NFL -
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.The Wall Street Journal - World -
GDP report revives stagflation fears in the market, with growing risk of a Fed rate hike seen
Thursday’s U.S. economic data is ringing alarm bells in the minds of traders, economists and others, who are beginning to voice concerns that the world’s largest economy could be shifting into a stagflation-type of environment.MarketWatch - Business - Federal Reserve -
Breaking down the Supreme Court hearing on Trump presidential immunity claim
The Supreme Court heard arguments Thursday in Trump v. United States, a case weighing whether former President Donald Trump should be immune from federal prosecution for his actions while serving in the White House. CBS News' Jessica Levinson, Jan ...CBS News - Top stories - Donald Trump -
U.S. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate, but the report also included more evidence that the Federal Reserve’s efforts to tame price increases have stalled.The New York Times - Top stories -
U.S. Economy Grew at 1.6% Rate in First Quarter
Consumers ensured that growth continued, but the latest data showed signs of vulnerability elsewhere.The New York Times - Business -
GDP growth slowed to a 1.6% rate in the first quarter, well below expectations
Real GDP was expected to increase 2.4% in the first quarter on a seasonally adjusted basis, according to economists surveyed by Dow Jones.CNBC - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - 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 -
Cramer praises companies like Chipotle that can grow despite a slowing economy and inflation
CNBC's Jim Cramer said companies that perpetually generate "self-help" are poised to do well in this market.CNBC - Business -
‘Privileged access’: pro-plastic lobbyists at UN pollution talks increase by a third
Fossil fuel and petrochemical campaigners at Ottawa summit outnumber scientists, EU and Indigenous delegates. The number of fossil fuel and petrochemical industry lobbyists has increased by more than a third at UN talks to agree the first global ...The Guardian - World -
Professional pickleball signs first international deal, looks to grow the sport in India
Pro pickleball is looking to world's most populous country for its continued growth.CNBC - Business -
South Korea's Economy Posts Stronger-Than-Expected First-Quarter Growth
Asia’s fourth-largest economy expanded 3.4% in the first quarter on improving private consumption, construction increases and steady exports.The Wall Street Journal - World - South Korea -
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. Economy Grew at 1.6% Rate in First-Quarter Slowdown
Gross domestic product, adjusted for inflation, increased at a 1.6 percent annual rate in the first three months of the year.The New York 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 -
USDA updates rules for school meals that limit added sugars for the first time
U.S. agriculture officials announced new nutrition standards for school meals that will limit added sugars for the first timeABC News - Health -
Ukraine uses longer-range US missiles for first time
Missiles secretly delivered this month have been used to strike Russian targets in Crimea, US media say.BBC News - Top stories - Ukraine -
First Citizens’ stock touches all-time high on first-quarter earnings, while Valley National shares drop
First Citizens Bancshares Inc.’s stock rose on stronger-than-expected profit and a boosted outlook for net interest income on Thursday, roughly a year after the big regional bank acquired the beleaguered Silicon Valley Bank.MarketWatch - Business -
2024 NFL Draft: Five teams most likely to trade down in first round, including Cardinals, Chargers
The teams most likely to trade down in the 2024 NFL DraftCBS Sports - Sports - NFL -
Biden, Trump tied for first time in months in 3-way race with RFK Jr.
President Biden and former President Trump are tied in the latest national polling average of a hypothetical three-way general election race that includes independent candidate Robert F. Kennedy Jr., according to The Hill/Decision Desk HQ (DDHQ). ...The Hill - Politics - Joe Biden -
2024 NFL Draft: Here's how much time there is between first-round picks; how it differs in each round
Teams have an allotted amount time to put their pick inCBS Sports - Sports - NFL -
How This 26-Year-Old First-Time Founder Raised $55 Million for Her AI Startup
Demi Guo dropped out of Stanford's prestigious AI program and is now running one of AI's hottest startups.Inc. - Business -
2024 NFL Mock Draft: Vikings get QB, Pats move down; Panthers trade into first round for falling Brock Bowers
It's draft day and here's what i think teams should doCBS Sports - Sports - NFL -
29 whales dead after stranding in Australia; over 100 rescued
A mass stranding of long-finned pilot whales in Western Australia led to the deaths of 29 of the creatures that beached near a tourist town.CBS News - World -
29 whales dead after stranding in Australia; over 100 rescued
A mass stranding of long-finned pilot whales in Western Australia led to the deaths of 29 of the creatures that beached near a tourist town.CBS News - Top stories -
100 Pilot Whales Are Rescued After Mass Stranding in Australia
Of the 160 whales stranded near the town of Dunsborough on Thursday morning, more than 100 were returned to the ocean. Twenty-nine others, however, died on the beach.The New York Times - World - Australia -
A GDP Warning as Signs of Stagflation Appear
Slower growth and persistent inflation explain why voters feel glum about the economy.The Wall Street Journal - World -
The Americas’ Fastest Growing Companies
The FT’s fifth annual ranking of the region’s businesses by revenue growth. Plus: outsourcers tap into remote work boom; Shopify targets more growth from bigger clients; Brazil’s alternative to electric vehicles; and Vertex Pharmaceutical’s ...Financial Times - World -
NFL Draft 2024: Where to watch, Round 2 start time, channel, TV schedule, live stream, draft order
Everything to know about the 2024 NFL DraftCBS Sports - Sports - NFL -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
Why the GDP Report Fueled a Bond-Market Selloff
The results suggest that either the March inflation number, which will be reported Friday, will be higher than expected, or that figures for January and February will be revised up—or a combination of both.The Wall Street Journal - World -
Do the GDP and Dow Reflect American Well-Being?
Do the GDP and Dow Reflect American Well-Being?The Wall Street Journal - World