Is Tipping Out of Control Many Consumers Say Yes
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Is another inflation scare coming? GDP seems to say yes.
A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.MarketWatch - Business -
McConnell says university presidents need to "get control of the situation" amid protests
Senate Minority Leader Mitch McConnell appears on "Face the Nation" as pro-Palestinian protests roil American politics.CBS News - Politics -
McConnell says university presidents need to "get control of the situation" amid protests
Senate Minority Leader Mitch McConnell appears on "Face the Nation" as pro-Palestinian protests roil American politics.CBS News - Top stories -
Chipotle says it’s seen no impact yet on consumers from California wage increases
Shares of Chipotle Mexican Grill Inc. rose after hours on Wednesday after the fast-casual Mexican food chain reported first-quarter results that beat expectations, helped by demand for limited-time menu items.MarketWatch - Business - California -
This isn’t ‘some brink’ for the U.S. consumer despite concerning economic data, says TCW
A resilient consumer isn’t likely to turn into a wrecking ball for the U.S. economy, according to Peter Van Gelderen at TCW.MarketWatch - Business -
Spotify's CEO Says Laying Off Many Employees All at Once May Have Been a Mistake
Daniel Ek admitsa classic error of makingwidespread jobcuts to reducecosts, leavingdailyroutines in disarray.Inc. - Business -
How to Wear Sheer Clothes at the Office (Yes, Really)
From sheer pencil skirts to bold blazers, introducing new spring garments with lasting chic.The Wall Street Journal - World -
Stripe co-founder says high interest rates flushed out Silicon Valley's 'wackiest' ideas
Rising interest rates in the past couple of years had a chilling effect on Silicon Valley, but Stripe co-founder John Collison said it was healthy.CNBC - Business -
U.K. Consumer Confidence Ticks Higher
Research group GfK’s consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.The Wall Street Journal - World - United Kingdom -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
Buon Ricordo Plates: Collectible Italian Ceramics That Started as a Marketing Tool
Buon Ricordo plates were introduced 60 years ago at restaurants in Italy. The hand-painted ceramics can now be found at design trade shows and fancy décor stores.The New York Times - Lifestyle -
Colorado Bill Aims to Protect Consumer Brain Data
In a first, a Colorado law extends privacy rights to the neural data increasingly coveted by technology companies.The New York Times - Science -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
German Consumer Confidence Reaches Two-Year High
The forward-looking GfK consumer-climate index for Germany forecast confidence to rise to minus 24.2 in May from minus 27.3 this month, suggesting the country’s economy may have turned a corner and confirming a similar upbeat sentiment reading ...The Wall Street Journal - World - Germany -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
The Tricky Logistics Behind Direct-to-Consumer Strategies
Suppliers stepping up efforts to reach shoppers are having to mount costly new supply chains built to the task.The Wall Street Journal - World -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Follow live: Knicks seeking 3-0 series lead vs. Sixers
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How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - Business - Tiktok -
French air traffic controllers cancel a strike but Paris flights are still disrupted
Air passengers traveling to and from Paris have experienced significant disruptions Thursday, despite a decision by air traffic controllers to cancel a strike after last-minute negotiationsABC News - World - France -
Unilever, Nestle slow price rises but the struggle for consumers remains
Both Nestle’s and Unilever updated investors on Thursday, with markets closely eyeing how the companies are handling the start of pulling back on price hikes.MarketWatch - Business -
U.K. consumers get a spring back in their step as confidence mounts
Consumer confidence ticked a little higher in the U.K. this month, suggesting Britons are feeling more well-off as real incomes rise.MarketWatch - Business -
GOP-controlled Arizona House votes to repeal Civil War-era abortion ban
The Arizona House on Wednesday passed legislation that would repeal the state’s 1864 near-total abortion ban, as Republicans joined with all the chamber’s Democrats. Wednesday was the third attempt to vote in as many weeks, as Republicans had ...The Hill - Politics - Abortion -
Bob Casey and Dave McCormick advance to the general election in Pennsylvania, setting up a key race for Senate control
Democratic Sen. Bob Casey and Republican Dave McCormick are officially set to face off in Pennsylvania’s Senate race this fall after winning their primaries.NBC News - Politics -
Spanish government takes control of RFEF amid investigation into corruption from Luis Rubiales' tenure
The government will be in charge of the federation until new elections take placeCBS Sports - Sports -
With 3 Words, Economists Explain the Real Reason There Are So Many Bad Bosses
The Peter Principle explained.Inc. - Business -
Mayor Adams Walks Back Budget Cuts Many Saw as Unnecessary
The mayor released a revised $111.6 billion budget, which included $2.3 billion that would restore some funding for schools and cultural institutions.The New York Times - Top stories -
Many large U.S. cities are in deep financial trouble. Here's why
Many U.S. cities are facing substantial financial challenges as inflation lingers and pandemic-era stimulus dries up.CNBC - Business -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
AI-Generated Child Sexual Abuse Material May Overwhelm Tip Line
A report by Stanford researchers cautions that the National Center for Missing and Exploited Children doesn’t have the resources to help fight the new epidemic.The New York Times - Tech -
A24 Makeup Artist Shares Her Tricks In New Book, ‘Beauty of the Beast’
Emily Schubert has done makeup and prosthetics on movies like “The Sweet East” and “Good Time.” She shares her tricks in a new book with A24.The New York Times - Lifestyle -
These tips for investing in mutual funds and ETFs can get your portfolio in the swim
Fund managers’ stock tips, market skeptics and how to win with a strong defense.MarketWatch - Business -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Roberto Cavalli, a Life Out Loud
The fashion designer who made maximalism cool.The New York Times - Lifestyle -
Michigan's QB battle among many in Big Ten that started in spring and will ramp up again in the fall
Big Ten quarterback competitions that started in the spring will carry over to the fallABC News - Sports -
'You LOVE to see it': Robert Griffin III, Johnny Manziel, many others congratulate Reggie Bush on Heisman
So many people were happy to see Bush get his Heisman back.Yahoo Sports - Sports -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
How do Cicadas Know When to Come Out?
Scientists are making computer models to better understand how the mysterious insects emerge collectively after more than a decade underground.The New York Times - Science -
Roma to play out 18-minute game with Udinese
AS Roma and Udinese are to play out the final 18 minutes of their Serie A clash on Thursday, nearly two weeks after Evan Ndicka's on-pitch collapse caused the game to be suspended.ESPN - Sports