Higher Cancer Rates Found in Military Pilots Ground Crews
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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 -
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 -
Crew of migrant rescue boat acquitted in Italy after seven-year ordeal
Case of the Iuventa became a symbol of what activists say are growing attempts to criminalise refugee aid workers. Europe live – latest updatesJudges in Sicily have acquitted all crew members of an NGO rescue boat who had been accused of aiding ...The Guardian - World -
Weedkiller manufacturer seeks lawmakers' help to squelch claims it failed to warn about cancer
The maker of a popular weedkiller is turning to lawmakers in key states to try to squelch legal claims that it failed to warn about cancer risksABC News - Health -
Los Angeles is using AI in a pilot program to try to predict homelessness and allocate aid
In Los Angeles, a Homelessness Prevention pilot program aims to use predictive AI to identify individuals and families at risk of becoming homeless.CNBC - Business -
Military briefing: the Israeli missiles used to strike Iran
Wreckage photographed in Iraq indicates how Israeli jets hit back at Tehran from afarFinancial Times - Business - Israel -
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosions
Iran grounds commercial aircraft across wide swath of the country as air defense systems fire amid reported explosionsABC News - World - Iran -
Italian court drops charges against migrant rescue ship crews and ends long-running legal battle
An Italian court has dismissed a long-running case against migrant rescue ship crews of three humanitarian organizationsABC News - World -
3 officers charged in death of California man who was pinned on the ground for over 5 minutes
Three police officers have been charged in the death of a Northern California man who was pinned facedown on the ground for more than five minutes.NBC News - Top stories - California -
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 -
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 -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Kenya military chief among 10 officers killed in helicopter crash
Two officers survived the plane crash in Elgeyo Marakwet county, about 250 miles northwest of Nairobi, Kenya.CBS News - World -
Francis Ogolla: Kenya investigates crash that killed military chief
Yahoo News - World -
Germany arrests alleged Russian spies scouting U.S. military facilities
A German prosecutor says 2 German-Russian nationals were caught snooping around U.S. military facilities used to train Ukrainian forces.CBS News - World - Russia -
G7 opposes full-scale military operation in Rafah amid fears for civilians
Ministers warn an offensive would be catastrophic for people in Gaza’s southernmost city. Middle East crisis – live updatesForeign ministers from the G7 countries have said they remain opposed to a full-scale military operation in Rafah by Israel ...The Guardian - World -
The US attempts a new military deal with Niger in a last ditch effort to stay
Two Western officials have told The Associated Press that the United States is trying to create a new military agreement with Niger that would allow it to remain in the country, weeks after the junta said its presence was no longer justifiedABC News - World -
Here's How a TikTok Ban Got Tied to Military Aid for Israel and Ukraine
Like making sausage, some legislation's creation has ugly aspects and improbable combinations of ingredients.Inc. - Business -
Xi Jinping tightens grip on China’s military with new information warfare unit
Beijing launches restructuring of armed forces as it challenges US dominance in PacificFinancial Times - Business - China -
Painting stolen from Oxford recovered in Romania
Two other paintings stolen from Christ Church Picture Gallery in March 2020 are still missing.BBC News - Top stories -
Founding Family Members Want to Take Nordstrom Private
Board forms a committee to explore options at the urgingof CEO Erik Nordstrom and President Pete Nordstrom.Inc. - Business -
US interest rate setter says 'no hurry' to cut
A key member of the US central bank, Raphael Bostic, tells the BBC rates might only ease "at the end of 2024".BBC News - Top stories -
Tips for buying a home as mortgage rates climb
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.CBS News - Top stories - Mortgage -
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 -
A Scrutinized N.B.A. Star Sought Improvement. He Found an Unlikely Answer.
Rudy Gobert was already a generational defensive talent when he met Fernando Pereira. His cognitive development offers a peek into “the future of sports.”The New York Times - Sports -
Legacy Aerospace Contractors Orbits Stall as Military Shifts to Fast-Paced Satellite Manufacturing
Smaller startups are running rings against their larger competitors as changes in drafting and awarding lucrative government contracts fill the industry's horizon.Inc. - Business -
Mortgage rates are now at the highest level of the year and could still climb
The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going.NBC News - Top stories - Mortgage -
S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
Liverpool ratings: Salah gets 6/10 in elimination to Atalanta
Mohamed Salah was able to get his goal but Liverpool wasn't able to do enough as they were eliminated from the Europa League at the hands of Atalanta.ESPN - Sports -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Why the Fed Should Declare Victory and Cut Interest Rates
Small-business owners are being punished by the central bank's data obsession. It needs to focus less on CPI numbers and more on boosting the economy.Inc. - Business - Federal Reserve -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
Interest Rates, Geopolitical Tensions Keep U.S. Stocks Gloomy
U.S. stock indexes mostly fell as corporations face the threat of high interest rates for longer.The Wall Street Journal - World -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
Fed's Global Detractors Grumble as Central Bankers Debate Rate Cuts
Fed president say arate cutmight happen this September, or maybe not. At the IMF meeting, other finance chiefs tryto keep up with the shifting sands of U.S. monetary policy.Inc. - Business - Federal Reserve -
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 -
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