Us Ship Avoids Collision after Chinese Ship Cuts It Off
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Fed and ECB divergence on rate cuts could spell trouble for the euro, economist says
The prospect of the ECB diverging from the Fed on rate cuts is likely to be "particularly negative" for the euro area, according to one economist.CNBC - Business - Federal Reserve -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Mister Car Wash upgraded to overweight by JPMorgan while Driven Brands gets cut
Analyst says the “competitive tide shifting back” in the company’s favorMarketWatch - Business -
Treasury yields see biggest weekly drops in months as tepid April jobs report raises rate-cut hopes
Treasury yields finished at their lowest levels in three weeks on Friday after April’s official jobs report brought the potential for a Federal Reserve interest-rate cut back to the minds of some traders.MarketWatch - Business -
Jobs growth in the US economy slows
Also in this newsletter: ‘seismic’ by-election results for Labour, and G7 at odds over Russia’s frozen assetsFinancial Times - World -
May 1, 2024 - US campus protests
Police are cracking down on protests against Israel's bombardment of Gaza at campuses across the US.CNN - Top stories