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FTX customers may get their money back, but no gains from crypto price increases
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House passes TICKET Act in an effort to increase transparency in pricing
The House passed the Transparency in Charges for Key Events Ticketing Act on Wednesday in an effort to increase price transparency for consumers.NBC News - Top stories -
The furniture industry’s recovery relies on customers getting used to paying more
Here’s what the furniture industry is counting on to power its upswing.MarketWatch - Business -
Oil scores weekly gains, with U.S. prices ending above $80 for first time this month
Oil futures climbed Friday, contributing to gains for the week and prompting U.S. benchmark prices to settle above $80 a barrel for the first time this month, as some economic data from the U.S. and China raised hopes for stronger crude demand.MarketWatch - Business -
Your Money: Getting Started With Savings
The earlier you begin trying to save, the easier you’ll make things for your future self.The New York Times - Top stories -
Crypto Lender Genesis Global Gets Wind-Down Plan Approved
A bankruptcy judge approved a chapter 11 wind-down plan for Genesis that will pay back creditors about 77% of the same digital assets that they lent to the cryptocurrency lender before its bankruptcy filing.The Wall Street Journal - World - Crypto -
Time to get Europe back to work
Policymakers should review tax and welfare policies that disincentivise labourFinancial Times - World -
Jon Rahm loses it, but gets it back together at the PGA Championship
Jon Rahm kept himself in the PGA Championship despite frustration boiling over on No. 16.Yahoo Sports - Sports -
Boeing’s Starliner launch pushed back to May 25 for first crewed mission
The historic first manned launch of the spacecraft has been hindered by delays.MarketWatch - Business -
FirstFT: Investors pull money from Starwood $10bn property fund
Also in today’s newsletter, Shein switches IPO plans from New York to London and Pfizer hopes to settle thousands of lawsuitsFinancial Times - World -
Mortgage rates fall to the lowest level in a month, but ‘home buyers are still feeling the pressure’ from high home prices
The 30-year mortgage rate is averaging at 7.02% Freddie Mac said in its latest weekly survey on Thursday.MarketWatch - Business
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Helicopter carrying Iran's President Raisi suffers 'crash landing'; search and rescue underway
A helicopter carrying Iranian President Ebrahim Raisi suffered a “crash landing” on Sunday, Iranian state television reported.NBC News - Top stories -
Sean 'Diddy' Combs 'truly sorry' after video appears to show him beating ex-girlfriend
Sean "Diddy" Combs issued an apology Sunday after footage was released that appeared to show him beating his ex-girlfriend Cassie in 2016.NBC News - Top stories -
Xander Schauffele wins PGA Championship, his first major title
Xander Schauffele won the PGA Championship in Louisville, Kentucky, on Sunday afternoon after a disastrous weekend for the world's top-ranked golfer, Scottie Scheffler.NBC News - Top stories -
Biden delivers Morehouse commencement speech as some on campus express pro-Palestinian messages
President Joe Biden delivered the Morehouse College commencement address at Morehouse College Sunday, his most direct engagement with college students since the start of the Israel-Hamas war and a key opportunity for him to engage with a group of ...NBC News - Top stories - Joe Biden -
Israel's Netanyahu faces growing pressure over Gaza plan from his own war Cabinet
Pressure is mounting on Benjamin Netanyahu to change course in the seven-month war on Hamas, after a key member of his war Cabinet threatened to quit on Saturday, adding to weeks of foreign criticism.NBC News - Top stories - Israel