Us Economy Is Slowing to Stall Speed Recession Gauge Shows
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AP WAS THERE: OJ Simpson’s slow-speed chase
The first week of the O.J. Simpson case in mid-June 1994 moved quickly, with reporters racing to reach the newsABC News - Sports -
AP WAS THERE: OJ Simpson’s slow-speed chase
The first week of the O.J. Simpson case in mid-June 1994 moved quickly, with reporters racing to reach the newsABC News - Entertainment -
GDP rises in February increasing hopes UK is out of recession
The economy grew by 0.1%, official figures show, with the production sector providing the biggest boost.BBC News - Top stories - United Kingdom -
UK economy posts 0.1% growth in February in further sign of recession rebound
The U.K. economy fell into a recession last year but showed slight growth in January.CNBC - Business - United Kingdom -
UK GDP grows in February, suggesting economy is escaping recession – business live
Jeremy Hunt says UK is “turning a corner” after GDP rises by 0.1% in February, but IoD fears economy still fragile. UK takes another step on path to exit recession as GDP risesCity experts sound confident that the UK economy will pull itself out ...The Guardian - World - United Kingdom -
Loan growth stalls at largest US banks
Bank of America and PNC are latest to report slowdown in lending during first quarterFinancial Times - Business -
Ford Bronco in 1994 slow-speed police chase of OJ Simpson up for sale
Simpson’s former agent and two friends of Al Cowlings – who drove the vehicle during the infamous chase – hope to fetch $1.5m. The current owners of the white Ford Bronco at the center of the infamous 1994 OJ Simpson police chase say they hope to ...The Guardian - World -
Ukraine warns of WW3 ahead of stalled US aid vote
Denys Shmyhal tells the BBC his country desperately needs the US to approve long-stalled security assistance.BBC News - Top stories - Ukraine -
Growth in oil use slows, IEA says, as prices hit $90 a barrel
Paris-based group trims forecasts, in sharp divergence with producers’ cartel OpecFinancial Times - Business -
Hot US economy dampens hope for rate cuts
Economic data across multiple metrics is coming in hot, showing the strength of the U.S. economy and the persistence of inflation in the last mile of its descent down to the Federal Reserve’s target rate of 2 percent. A March uptick in the ...The Hill - Politics -
Dozens of murder and rape convictions may face new DNA testing
Jailing of innocent man for 17 years leads to review by CCRC of thousands of cases in light of advances in forensic technologyFinancial Times - Business -
Boeing rejects whistleblower claim of 787 safety risks
Aircraft maker says testing found ‘zero’ evidence of fatigue stress in composites used in wide-body jetFinancial Times - Business -
Truss considered sacking Bailey as BoE governor after mini-Budget
Former UK prime minister hits out at central bank and Treasury for being ‘fatalistic about Britain’s decline’Financial Times - Business - United Kingdom -
Premier League to use semi-automated offside in hope of speeding up VAR calls
System expected to be ready during autumn of next seasonTrials show average VAR decision will be 31 seconds shorterThe Premier League is to introduce semi-automated offside technology from next season, in the hope of reducing the time it takes to ...The Guardian - World -
US to end 'gun show loophole' of unlicensed sales
White House says it will require all gun show and internet dealers to conduct background checks.BBC News - Top stories -
Big investors buy European bonds over US Treasuries as economies diverge
Pimco and T Rowe Price among firms to increase exposure in Europe amid cooling inflationFinancial Times - Business -
US voters warm to Biden on economy but inflation concerns persist
FT-Michigan Ross poll finds president’s gains could be derailed by stubborn fears over high pricesFinancial Times - World - Joe Biden -
US deficit poses ‘significant risks’ to global economy, warns IMF
Fund also cites concerns over fiscal ‘imbalances’ in UK, China and ItalyFinancial Times - Business -
Slowing Down for Poetry and Time
A London exhibition by Van Cleef & Arpels will showcase heritage pieces alongside novelties introduced at the Watches and Wonders fair.The New York Times - Lifestyle -
Nasdaq, S&P 500 Climb After PPI Data Lands
U.S. stocks climbed after wholesale price data came in slightly lower than expected.The Wall Street Journal - World -
It's the first drug shown to slow Alzheimer's. Why is is it off to a slow start?
The first drug shown to slow Alzheimer’s hit the U.S. market over a year ago, but sales have lagged and diagnosis and treatment remain complicatedABC News - Health -
E.V. Sales Are Slowing. Tesla’s Are Slumping.
More competition and flagging demand for electric vehicles has led to declining sales at Tesla.The New York Times - Business -
Rate of sterilizations in US jumped after overturning of Roe v Wade, study shows
Number of people seeking permanent contraception increased after 2022 decision, in particular among women, research reveals. Rates of people seeking permanent contraception – such as tubal ligation or vasectomies – shot up after the supreme court ...The Guardian - World -
Legal move to close Hull funeral firm stalls
Legacy Independent Funeral Directors "owes thousands of pounds" in unpaid burial and cremation fees.BBC News - Top stories -
Unemployment jumps as UK jobs market stalls
The slowing jobs market has raised questions over when the Bank of England might cut interest rates.BBC News - Top stories - United Kingdom -
Impatience over stalled tax deal grows in Senate
Supporters of a bipartisan tax deal that sailed through the House in January are growing impatient as the measure stalls in the Senate amid Republican opposition to the bill’s expansion of a credit for working families. The deal, known as the Tax ...The Hill - Politics -
UK takes another step on path out of recession as GDP rises
February growth of 0.1% comes despite construction and retail being hit by wet start to year. Business live – latest updates. Britain’s economy has taken a step closer to exiting recession as official figures showed growth continued in February ...The Guardian - World - United Kingdom -
For a record 446 days, this recession indicator pointed to a downturn that never arrived
One of the bond market’s most reliable signals of an impending U.S. recession has remained inverted for 446 straight trading sessions — matching a record without producing any economic downturn.MarketWatch - Business -
Speeding Lamborghini Aventador SVJ Crashes in India
Yahoo News - World - India -
Changes to 20mph speed limit policy promised
New transport minister says 20mph zones should be targeted at schools, hospitals and nurseries.BBC News - Top stories -
Google streamlines structure to speed up AI efforts
Teams tackling artificial intelligence models unified under leadership of DeepMind founder Demis HassabisFinancial Times - Business - Google -
An Ozempic Relative Slowed Parkinson’s Disease in a Small Study
The trial lasted only one year but offered embers of hope to some experts.The New York Times - Health -
Ford Slows Its Push Into Electric Vehicles
The automaker said it would delay new battery-powered models and shift its focus to hybrid cars, sales of which are rising fast.The New York Times - Tech -
LVMH’s growth weighed down by softening China luxury demand
First-quarter revenues grew 2% at flagship fashion and leather goods unit, against an 18% jump a year agoFinancial Times - Business - China -
Prologis logged better-than-expected revenue in the latest quarter but warned of a slowdown in warehousing markets in the coming quarters.
Prologis logged better-than-expected revenue in the latest quarter but warned of a slowdown in warehousing markets in the coming quarters.The Wall Street Journal - World -
Scope for More Selloff in U.S. Treasurys Seen Limited
The hot U.S. inflation print, third in a row, triggered a sharp selloff in Treasurys, led by the front end, but the room for a further selloff is capped, Societe Generale Research said.The Wall Street Journal - World -
Vix ‘fear gauge’ soars on Middle East tensions and interest rate shift
Volatility index at highest since October as investors step up protection against downside risk to equitiesFinancial Times - Business -
Wall Street’s ‘fear gauge’ surges as volatility reawakens across markets
After a protracted lull, volatility across global markets has reawakened in April, sending gauges of implied volatility for U.S. stocks and bonds, as well as developed-market currencies, surging over the past week.MarketWatch - Business -
Philly Fed factory gauge jumps to highest level in two years in April
The Philadelphia Fed said Thursday its gauge of regional business activity jumped to 15.5 in April, from 3.2 in the prior month.MarketWatch - Business -
Cease-fire talks remain stalled as Israel and Hamas ‘appear to be far apart’
One of the major sticking points in the ongoing cease-fire talks is whether displaced Palestinian will be allowed to return to northern Gaza. NBC News International Correspondent Hala Gorani Aviv explains what is stalling a potential deal.NBC News - Politics - Israel