Fed S Powell Tests Positive for Covid Has Mild Symptoms
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U.S. orders cow testing for bird flu after grocery milk tests positive
Federal officials say they're double checking whether pasteurization has eradicated the danger from possible bird virus particles in milk.CBS News - Top stories -
Spring games: Position battles and newcomers to keep an eye on
From Oregon's new QB to more Colorado roster turnover, breaking down the biggest storylines from teams in action Saturday.ESPN - Sports -
‘Don’t Inject Bleach’: Biden Mocks Trump on Anniversary of Covid Comments
President Biden has homed in on the infamous moment, which crystallized the chaos of the Trump presidency, as he trolls his political opponent.The New York Times - Top stories - Joe Biden -
Tesla shows Wall Street a path to ‘positive catalysts,’ BofA says
Tesla Inc.’s better-than-expected quarterly earnings and reassurances from the EV maker that it is on a path of “positive catalysts” led to a stock upgrade at BofA Securities on Wednesday.MarketWatch - Business - Tesla -
Smear tests of 3,000 women to be reviewed
The Southern Health Trust says the move is not out of concern but to provide extra assurance.BBC News - Top stories -
Test Your Knowledge of Internet Acronyms
This week, we probe each other’s knowledge of common acronyms from the early internet, the mobile era, and the AI boom. So fire up your LLM, send an RCS, and tell your BBS pals the game is afoot.Wired - Tech -
2024 NFL Draft closes chapter for COVID-wrecked 2021 recruiting class defined by visit bans, canceled season
For better or worse, the Class of 2021 finally gets the (in-person) stage it deservesCBS Sports - Sports - NFL -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Business - Donald Trump -
Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy.The New York Times - Top stories - Donald Trump -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - World -
S&P Cuts Boeing's Ratings Outlook to Negative
A purchase of Spirit AeroSystems would “introduce additional potential headwinds for Boeing on its path to cash flow and leverage recovery,” the agency said.The Wall Street Journal - Business -
Scout jamboree disaster blamed on S Korea government
An independent report says authorities failed to deliver a safe event for thousands of children.BBC News - Top stories -
Wada launches review into Chinese failed doping tests
The World Anti-Doping Agency launches an independent review after 23 Chinese swimmers were cleared to compete at Tokyo 2020 despite failing drug tests.BBC News - Top stories -
'Net Neutrality' Faces a Stiff Judicial Test
The revived rule likely violates the major questions doctrine.The Wall Street Journal - World -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after first-quarter data prompted investors to push back rate cut expectationsFinancial Times - Business -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after first-quarter data prompted investors to push back rate cut expectationsFinancial Times - 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 -
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 -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
S&P 500 Futures Rise as PCE Data Shows Annual Inflation at 2.7%
The latest inflation data lifted futures and positioned stocks for weekly gains.The Wall Street Journal - World -
The Anglosphere has an advantage on immigration
English-speaking countries generally do better at both attracting and integrating talentFinancial Times - World -
The Anglosphere has an advantage on immigration
English-speaking countries generally do better at both attracting and integrating talentFinancial Times - Business -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Health -
Dairy Cows Transported Between States Must Now Be Tested for Bird Flu
Since a new form of bird flu arrived in 2022, federal officials have sought to reassure Americans that the threat to the public remained low.The New York Times - Top stories -
More cows are being tested and tracked for bird flu. Here's what that means
U.S. health and agriculture officials are ramping up testing and tracking of bird flu in dairy cows in an urgent effort to understand and stop the growing outbreakABC News - Tech -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
New crash test results raise concern for some small SUVs
The Insurance Institute for Highway Safety has updated its testing of vehicles’ ability to avoid crashes. The results show there is some concern for smaller SUVs, as most models did not do well.CBS News - Top stories -
Few small popular SUVs succeed in new crash prevention test
Only one vehicle of the 10 small SUVs tested earned a good rating.CBS News - Top stories -
Bird flu tests ordered for dairy cattle that cross state lines
The U.S. Department of Agriculture (USDA) has ordered bird flu tests for dairy cattle that cross state lines, it announced Wednesday. “USDA has identified spread between cows within the same herd, spread from cows to poultry, spread between ...The Hill - Politics -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - Business - Federal Reserve -
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 -
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some former Trump administration officials argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.The Wall Street Journal - World - Donald Trump -
ECB will need more rate cuts if Fed holds back, says policymaker
Head of Italy’s central bank highlights risk of US stance pushing up global borrowing costsFinancial Times - World - Federal Reserve