Stocks Are Turbulent As Wall St Weighs Fed S Future Moves
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RFK Jr.'s running mate, Nicole Shanahan, remains in the shadows
Robert F. Kennedy Jr.'s running mate Nicole Shanahan has been almost completely absent on the campaign trail.ABC News - Top stories -
Saints draft S. Carolina QB Rattler in 5th round
The Saints selected South Carolina quarterback Spencer Rattler with the first of three fifth-round picks on Saturday at Day 3 of the NFL draft.ESPN - Sports - NFL -
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.The Wall Street Journal - World - Federal Reserve -
Stubborn Inflation Could Prod Fed to Keep Rates High for Longer
Hopes for substantial cuts in interest rates are fading as inflation shows more staying power than expected.The New York Times - Top stories - Federal Reserve -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - Business -
Trump Allies' Plan Would Weaken Fed's Independence
Under the proposal, Fed Chair Jerome Powell could be removed before his term ends in 2026 and the central bank would have to consult Trump on interest rate moves.Inc. - Business - Donald Trump -
A Brief History of Fed's Uneasy Peace With the White House
Central bankers are haunted by the danger of political meddling in inflation-control policies.The Wall Street Journal - World -
Trump's potential plan for Fed raises alarms
Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of ...The Hill - Politics - Donald Trump -
Fed’s preferred inflation metric rose to 2.7% in March
Figures come day after US first-quarter growth data prompt investors to push back interest rate cut expectationsFinancial Times - World -
Even If the Fed Cuts, the Days of Ultralow Rates Are Over
Soaring budget deficits and investment needs mean the “neutral” interest rate may be higher.The Wall Street Journal - World - Federal Reserve -
UK holds local elections and Fed sets rates
Polls in England and Wales, a US interest rate decision and a dip in market activity for May Day celebrationsFinancial Times - World - United Kingdom -
Gold Falls on Dimming Fed Rate Cuts Hopes
Gold prices were lower in early Asian trade as expectations of rate cuts by the U.S. Fed fade.The Wall Street Journal - World - Federal Reserve -
Support for U.S. Bonds Will Crumble If Fed Doves Fade
There has been a lack of sustained follow-through selling in the U.S. bond market of late, but the levels of support may collapse if the Fed pushes back hard on rate cut expectations, Oxford Economics said.The Wall Street Journal - World - Federal Reserve -
Lions sign Amon-Ra St. Brown to four-year extension, making him one of NFL's highest-paid WRs
Big bucks are flying in DetroitCBS Sports - Sports - NFL -
Lions agree to contract extensions with St. Brown and Sewell worth combined $200M, AP source says
The Detroit Lions have invested in their future, keeping a pair of All-Pro players under contract for the next five seasonsABC News - Sports -
Music Review: St. Vincent's art-rock burns bright on seventh album, 'All Born Screaming'
On her seventh full-length studio album, Annie Clark, who performs as St. Vincent, unleashes her broad range of art-rock gifts, from the crackling ember of her vocals to raging infernos of swirling, epic orchestration, writes the Associated Press’ ...ABC News - Entertainment -
Why the Lions gave St. Brown, Sewell a record-breaking $162M in guaranteed money
The Lions spent big to keep 2021 draftees Amon-Ra St. Brown and Penei Sewell in Detroit through 2028.ESPN - Sports -
Rockies make miserable history thanks to first-inning runs by Astros, tie record set by 1910 St. Louis Browns
The Rockies have trailed in each of their first 28 gamesCBS Sports - Sports -
Weekend review: Arsenal celebrate St. Totteringham's Day, Seville derby gets tense
Arsenal celebrate St. Totteringham's Day at the top of the Premier League table, the Seville derby was a tense one, and more. Here's a review of what happened in Europe this weekend.ESPN - Sports -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Supreme Court to weigh Trump immunity claim over 2020 election prosecution
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.CBS News - Politics - Donald Trump -
Supreme Court Weighs Emergency Abortions in States Where Procedure Is Banned
Justices considered whether federal law permits emergency-room doctors to perform abortions to preserve a woman’s health even in states that outlaw the procedure.The Wall Street Journal - World - Abortion -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Former national security adviser weighs in on Ukraine aid and Russia
When President Biden signed a foreign aid bill Wednesday that includes tens of billions of dollars in assistance to Ukraine, Israel and Taiwan, it was touted as money that would "strengthen our national security and send a message to the world ...CBS News - Top stories - Ukraine -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
Supreme Court weighs limits of presidential immunity in Trump case: Listen live
The Supreme Court will weigh the limits of presidential immunity Thursday in an unprecedented and historic case with significant implications for former President Trump, his legal fights and the 2024 race for the White House. Trump is pushing an ...The Hill - Politics - Donald Trump -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest stands apart from other large airlines because it does not have seat assignments.CNBC - Business -
Open seating no more? Southwest CEO says airline is weighing cabin changes
Southwest Airlines is considering changes to its single-class, open-seating cabins to drive up revenue, CEO Bob Jordan told CNBC on Thursday, a shift that could be among the largest in the airline’s history.NBC News - Top stories -
McConnell weighs in on university protests over Israel-Hamas war
Asked about the ongoing protests over the Israel-Hamas at college campuses across the U.S., Senate Minority Leader Mitch McConnell said "university presidents need to get control of the situation, allow free speech and push back against ...CBS News - Top stories - Israel -
Supreme Court weighs Donald Trump’s presidential immunity case
The Supreme Court is weighing Donald Trump’s immunity case after arguments Thursday. Justices will decide not only if Trump can be prosecuted for his actions as president, but how the law should apply to all future presidents. The claim of ...CBS News - Top stories - Donald Trump -
U.S. Weighs Citing Israeli Military Unit for Human-Rights Violations
Secretary of State Antony Blinken said any penalties “will have no impact on Israel’s ability to defend itself against Hamas, Iran, Hezbollah, or other threats.”The Wall Street Journal - World - Israel -
Supreme Court to weigh Trump immunity claim over 2020 election prosecution
The outcome of the immunity case before the Supreme Court will have significant ramifications for former President Donald Trump's federal criminal prosecution in Washington, D.C.CBS News - Politics - Donald Trump -
German minister urges universities to weigh China ties after spy case
Yahoo News - World - China -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Connecticut AI Bill Faces Uncertain Future
The wide-ranging proposed legislation seeks to rein in bias in AI model and protect people from deepfakes, but critics worry it could curb small business growth.Inc. - Business -
Copper Futures Hit Two-Year High
Copper futures reached a fresh high, gaining from sanctions on Russian metals, tight market fundamentals and increasing structural demand.The Wall Street Journal - World -
The Suns are on the brink of elimination — and the future in Phoenix looks even bleaker
Down 3-0 in the first round, Phoenix is all but guaranteed an early exit in the big three's first season together. Where do the Suns go from here?Yahoo Sports - Sports -
Magnificent Seven Power Stocks' Rebound
Nasdaq’s gains accelerated Friday while energy stocks edged lower amid earnings reports from Exxon and Chevron.The Wall Street Journal - World