Next Says Prices to Rise by Less Than Expected This Year
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Producer Prices Rose More Than Expected in April
Producer Prices Rose More Than Expected in AprilThe Wall Street Journal - World -
Wholesale prices rose 0.5% in April, more than expected
The producer price index was expected to increase 0.3% in April, according to the Dow Jones consensus estimate.CNBC - Business -
China’s SMIC warns of fiercer price war for less advanced chips
Demand in second half of year still ‘uncertain’, says top Chinese semiconductor makerFinancial Times - World - China -
Fed Chair Jerome Powell says inflation has been higher than thought and expects rates to hold steady
Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central bank on hold for an extended period.NBC News - Top stories - Federal Reserve -
Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady
Speaking to the Foreign Bankers' Association, the central bank leader noted that the rapid disinflation that happened in 2023 has slowed considerably this year.CNBC - Business - Federal Reserve -
How fast are prices rising in the UK?
The rate at which prices are rising has dropped from record highs, but remains above the 2% target.BBC News - Top stories -
Jimmy Carter's grandson says he is 'coming to the end' after more than a year in hospice care
Former President Jimmy Carter’s oldest grandson said on Tuesday that his grandfather is “coming to the end” after spending more than a year in hospice care. Jason Carter, who also serves as chair of The Carter Center Board of Trustees, spoke about ...The Hill - Politics -
U.S. Inflation Could Be Getting Less Sticky
There are signs that U.S. inflation might be getting less sticky, Piper Sandler economists write in a note.The Wall Street Journal - World -
Bud Light boycott may be losing steam as beer brand holds on to more store shelf space than expected: analyst
Bud Light will continue losing shelf space this summer in the wake of last year’s boycott of the brand, which stemmed from a promotion featuring transgender influencer Dylan Mulvaney, but it won’t lose as much as expected, according to one analyst.MarketWatch - Business -
Equinox Is Charging $40,000 for a New Health and Longevity Program. Antiaging Experts Say You Can Get the Same Benefits for Next to Nothing
You do not need to spend five figures to learn what matters for a longer, healthier life.Inc. - Business -
LGBTQ people in the E.U. face less discrimination but more violence, survey finds
Lesbian, gay, bisexual, transgender, intersex and queer people in the European Union face less discrimination but more physical or sexual attacks than three years ago.NBC News - Top stories -
EV maker Mullen now has enough cash to fund operations for more than a year
Shares of Mullen Automotive Inc. rallied Tuesday after the maker of commercial electric vehicles announced new financing commitments that give it access to enough cash to run its business for more than a year.MarketWatch - Business -
Powell says he expects inflation to move down but isn’t completely confident in this forecast
Federal Reserve Chair Jerome Powell said Tuesday that he sees inflation retreating in the coming months.MarketWatch - Business -
Office-loan delinquencies jump to nearly 6-year high, says Moody’s
Higher interest rates, hybrid work schedules and tighter credit standards will likely keep putting pressure on office loans through 2026, according to a new Moody’s report.MarketWatch - Business -
The Latest | More than half a million people flee fighting in Rafah and northern Gaza, UN says
The United Nations says more than half a million Palestinians have been displaced in recent days by escalating Israeli military operations in both southern and northern GazaABC News - World -
Frank Gore Jr. says going undrafted 'pushed' him: 'There's no way 257 people are better than me'
Gore Jr. signed with the Bills after going undrafted in the 2024 NFL DraftCBS Sports - Sports -
Google unleashes AI in search, raising hopes for better results and fears about less web traffic
Google has rolled out a retooled search engine that will frequently favor responses crafted by artificial intelligence over website linksABC News - Tech - Google -
The ‘Betches’ Got Rich. So What’s Next?
The women’s media company, which started as a raunchy college blog, is a rare financial success story — and on the White House’s radar. Now, it’s wrestling with how to grow up alongside its readers.The New York Times - Business -
Google Unveils AI Overviews Feature for Search at 2024 I/O Conference
The tech giant showed off how it would enmesh A.I. more deeply into its products and users’ lives, from search to so-called agents that perform tasks.The New York Times - Tech - Google -
Lions and QB Jared Goff agree on $212M, 4-year extension with $170M guaranteed, AP source says
A person familiar with the situation says the Detroit Lions and quarterback Jared Goff have agreed to a $212 million, four-year contract extensionABC News - Sports - NFL -
People on Novo Nordisk's Wegovy maintain weight loss for up to four years, study says
The results shed light on the long-term effects of Wegovy, and could boost Novo Nordisk's case to insurers and governments to cover the costly drug.CNBC - Business -
Palestinian woman says her husband and 6 of her 7 kids were killed in Gaza airstrike last year
Six of Jamila Abu Jerba's seven children and her husband were killed when an airstrike destroyed their home in Gaza seven months ago. Jamila says the body of her 8-year-old son Usama has not been retrieved from under the rubble. Only she and her ...CBS News - Top stories -
Argentina will get next installment of bailout as IMF praises Milei's austerity policies
The International Monetary Fund, Argentina’s biggest creditor, has agreed to release the next tranche of loans due under a bailout programABC News - World -
How Iran has quietly fixed the race for the next supreme leader
The regime’s power-brokers have done everything to ensure a smooth transition except find a frontrunnerFinancial Times - Business - Iran -
F1 talent scheme launched to mentor next generation of female drivers
Programme is aimed at addressing sport’s gender imbalanceNo woman has started a GP since Lella Lombardi in 1976The More than Equal initiative, a global development programme created to assist women’s progress toward Formula One and in motor racing ...The Guardian - World -
Hurry Up and Wait: 4 Rules for the Next 6 Months
With a monumental election looming, businesses need to get prepared for whatever's next. Now is no time to take big risks.Inc. - Business -
Preakness Stakes storylines: Will Mystik Dan be the next Triple Crown winner?
Even though Mystik Dan won the Kentucky Derby, Muth is expected to be the Preakness Stakes favorite. A look at who would be a good longshot to follow.Yahoo Sports - Sports -
Four dead in protests against flour and energy prices
Yahoo News - World