Looming Debt Ceiling Crisis Awaits Congress As Treasury Warns of Possible Default in Months
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Team Biden Is Posting Through the Looming TikTok Ban
President Joe Biden may have signed the TikTok ban bill into law, but his campaign is still active on the Chinese-owned app.Wired - Tech - Joe Biden -
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 -
10-year Treasury yield slips after latest U.S. inflation report
U.S. Treasury yields fell on Friday as investors digested Thursday’s gross domestic product report and the PCE data.CNBC - Business -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - World -
SKF Warns of Lower Sales
SKF said it expected a mid-single digit fall in sales in the second quarter, with market volatility and geopolitical uncertainty continuing, after it reported below-forecast sales in the first quarter but profits in line with hopes.The Wall Street Journal - Business -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
Big asset managers adopt ‘vulture’ tactics in distressed debt fights
Loosening credit agreements mean traditional investors who once could avoid messy legal battles are having to evolveFinancial Times - Business -
WEF president: 'We haven't seen this kind of debt since the Napoleonic Wars'
Borge Brende, president of the World Economic Forum, gave a stark outlook for the global economy.CNBC - Business -
Taiwan’s trade tsar seeks new deals and braces for possible Trump win
John Deng targets India ‘opportunity’ after breakthroughs with US, UK and CanadaFinancial Times - World - Donald Trump -
Possible delay and crime incentives: key takeaways from Trump immunity case
US supreme court hears three hours of oral arguments on whether ex-president has absolute immunity from criminal prosecution. The US supreme court on Thursday heard roughly three hours of oral arguments about whether Donald Trump enjoyed absolute ...The Guardian - World - Donald Trump -
A possible new DeSantis vs. Trump battle, this time for 'DeFuture' of Florida
Forming on the Florida horizon are all the dramatic elements of another epic showdown between Ron DeSantis and Donald Trump.The Hill - Politics - Florida -
Could Scottie Scheffler win the grand slam? It's not likely, but it's absolutely possible
There's a long way to go, but Scottie Scheffler has a chance to do what Nicklaus, Palmer and Woods never did.Yahoo Sports - Sports -
Mississippi legislative leaders swap proposals on possible Medicaid expansion
Mississippi Senate leaders are saying for the first time that they are willing to expand Medicaid to the full level allowed under a federal law signed 14 years ago by then-President Barack ObamaABC News - Health -
Possible TikTok ban leaves some small businesses concerned for their survival
Under the new law signed this week, ByteDance has nine to 12 months to sell the platform to an American owner, or TikTok faces being banned in the U.S.CBS News - Top stories - Tiktok -
Possible Trump VP pick defends killing her dog
South Dakota Governor Kristi Noem recalls shooting a dog and a goat in a soon-to-be released memoir.BBC News - Top stories - Donald Trump -
Biden and Netanyahu Discuss Possible Cease-Fire and Hostage Deal
The president spoke with the Israeli prime minister on Sunday, the same day Secretary of State Antony J. Blinken left for his latest trip to the Middle East.The New York Times - Top stories - Joe Biden -
Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says
"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.CNBC - Business -
Bucks' Lillard has MRI, team awaiting results before deciding if he plays in Game 4 vs. Pacers
Damian Lillard underwent an MRI to determine the severity of his Achilles injury, and the Milwaukee Bucks could be without the star guard for Game 4 of their playoff series against the Indiana PacersABC News - Sports - NBA -
Chants of ‘shame on you’ greet guests at White House correspondents’ dinner
A glitzy election-year roast by President Joe Biden drew journalists, celebrities and politicians — but also hundreds of protesters against the war in GazaABC News - Entertainment -
Wearing denim for Sexual Assault Awareness Month
Yahoo News - World -
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 -
Crisis at Pearl Harbor I Sunday on 60 Minutes
Jet fuel from a Navy facility leaked into the water system, contaminating the drinking water for thousands of military families. Families say they are dealing with ongoing health issues and are suing the government. Sunday.CBS News - Top stories -
The misguided laws contributing to America’s rural health crisis
CON laws deter new hospitals from forming and, by doing so, exacerbate the rural health care crisis.The Hill - Politics -
The Papers: 'Return of the King' and 'teacher shortage crisis'
The King's return to public duties, a report on the lack of teachers in schools, and chicken 'megafarms' lead the papers.BBC News - Top stories -
Congress sends Biden bill requiring TikTok's parent company to sell the platform or face a US ban
Congress sends Biden bill requiring TikTok's parent company to sell the platform or face a US banABC News - Tech - Joe Biden -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next, and who might buy the social media platform?Los Angeles Times - Entertainment -
U.S. Begins Construction of Gaza Pier as Rafah Invasion Looms
More humanitarian aid could reach the enclave’s north via the floating pier, including if a planned Israeli ground offensive disrupts deliveries in the south.The Wall Street Journal - World -
Paramount and Skydance inch closer to a merger as key hurdle looms, sources say
Paramount Global and Skydance are getting closer to final terms on a merger agreement, sources told CNBC, but a renewal with Charter remains an obstacle.CNBC - Business -
Paramount and Skydance inch closer to a merger as key hurdle looms
Paramount Global and Skydance Media are making progress on a deal that would merge the media companies and buy out controlling shareholder Shari Redstone.NBC News - Top stories -
Chris Mason: Parties squabble over policy pledges as elections loom
Political leaders fight for headlines ahead of local elections, leading to rumours of a general election.BBC News - Top stories -
A defense budget of $1 trillion is looming. Here’s how to stop it
Stopping a trillion-dollar Pentagon budget requires mass movement to overcome the arms industry’s hold over Congress.The Hill - Politics -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Treasury yields slip from 2024 highs after Fed’s favored inflation gauge meets expectations
Long-term Treasury yields finished off their highest levels of the year on Friday after the Federal Reserve’s preferred inflation gauge matched expectations, but they still notched their fourth straight week of advances.MarketWatch - Business -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment -
Anne Heche’s son says her estate cannot pay its debt of over $6 million
Anne Heche’s son said her estate is unable to pay its debts following her 2022 death after the fiery crash of her car into a Los Angeles home.NBC News - Top stories -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
Here's how much credit card debt the average American has (and how to pay it off)
The average American is currently facing a hefty amount of credit card debt — but there are several ways to tackle it.CBS News - Top stories -
Anne Heche's 'insolvent' estate cannot settle debts, actor's son claims in legal docs
Homer Laffoon, Anne Heche's son and the executor of her estate, said in legal documents that his mother's estate is 'not in a condition to be closed.'Los Angeles Times - Entertainment