Veg Shortages Drive Surprise Jump in Uk Inflation
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Nio’s stock jumps after report of China’s plan to boost EV sales
Shares of Nio Inc., and those of other China-based electric-vehicle makers, powered higher Friday, after a report that China reportedly plans to provide car owners with an incentive to buy EVs.MarketWatch - Business - China -
US executive pay jumps 9 per cent, widening transatlantic gap
A soaring stock market is adding to the fortunes of American bosses compared with counterparts in the UKFinancial Times - Business -
FirstFT: Profits and tax payments jump at European banks still in Russia
Also in today’s newsletter, German flash CPI today and 11 countries to breach EU deficit rulesFinancial Times - World - Russia -
FirstFT: Elon Musk’s Tesla teams up with China’s Baidu
Also in today’s newsletter, US commander warns of China’s ‘boiling frog’ strategy in the Pacific and hopes rise for Gaza hostage releaseFinancial Times - World - China -
FirstFT: Profits and tax payments jump at European banks still in Russia
Also in today’s newsletter, German flash CPI today and 11 countries to breach EU deficit rulesFinancial Times - World - Russia -
WATCH: Olympic champion soars to new ski jump record
Japanese Olympic champion Ryoyu Kobayashi soared to a world record 291m (around 954 ft.) ski jump, shattering the ski flying and ski jump world records.ABC News - Top stories -
G.M. Reports Big Jump in Profit on Gasoline Car Sales
General Motors has struggled with electric vehicles and in foreign markets but it is selling lots of combustion engine cars and trucks in North America.The New York Times - Tech -
Trump Media shares rise again, jump 50% in the past week
Trump Media shares climbed 5% Tuesday, continuing a rise that has seen the Truth Social owner surge about 50% in the past week.NBC News - Top stories - Donald Trump -
NBA playoffs: Who's had the most impressive start to the postseason? Most surprising?
Our NBA writers weigh in on the first week of the playoffs and look ahead to what they're watching as the series shift to crucial Game 3s.Yahoo Sports - Sports - NBA -
Can a Humble Fan Beat Your AC? You'd Be Surprised.
Don’t waste money cooling your entire room. In many ways, these are much more efficient.The Wall Street Journal - Tech -
Boston Beer reports a surprise profit as Twisted Tea shipments keep growing
Boston Beer’s stock surged in after-hours trading Thursday, after the beer brewer reported a surprise first-quarter profit and revenue that rose well above forecasts, fueled by volume increases, pricing and lower returns.MarketWatch - Business -
Falcons pull big surprise at No. 8 by grabbing QB Penix Jr.
Michael Penix Jr. to Atlanta was the first big surprise of the NFL Draft.Yahoo Sports - Sports - NFL -
Can a Humble Fan Beat Your AC? You'd Be Surprised.
Don’t waste money cooling your entire room. In many ways, these are much more efficient.The Wall Street Journal - Tech -
The Surprising Hiring Hack That Helped an Underwear Brand Grow Its Community
An unexpected app played a key role in getting Inc. 5000 brand Woxer off the ground. Founder and CEO Alexandra Fuente shares her strategy.Inc. - Business -
Reel surprise: Woman catches 30-pound koi fish in Texas lake
An angler at a lake in Austin, Texas, said she caught a koi fish near the Waller Beach area.The Hill - Politics -
Chinese spying claims in the UK – and beyond
Plus, the PM’s big move on defence and Labour’s rail renationalisation plansFinancial Times - World - United Kingdom -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
Russian GPS jamming threatens air disaster, warn Baltic ministers
Interference with navigation signals blamed on Moscow has forced two Finnish flights to turn around mid-journeyFinancial Times - Business - Russia -
FirstFT: Elon Musk makes unexpected China visit as Tesla fights local rivals
Also in today’s newsletter, US Pacific commander says China is pursuing ‘boiling frog’ strategy, and Chinese regulators warn against SVB-style meltdownFinancial Times - World - China -
Ireland to redesignate UK as 'safe' for asylum
It follows Irish government concerns that the UK's Rwanda policy is fuelling Irish asylum cases.BBC News - Top stories - United Kingdom -
German retirees will get an inflation-busting pension increase this year
Germany’s Cabinet has approved a 4.57% rise in retirees’ pensionsfrom this summer, an increase that is well above the current inflation rateABC News - World - Germany -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - Business - Japan -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - Business -
Commodity prices could keep inflation high, warns World Bank
Sharp falls in commodities are unlikely to continue, says lender, making it harder for central banks to cut interest ratesFinancial Times - World -
Japan feels inflation heat from Fed’s ‘higher for longer’ shift
Yen’s 34-year low against dollar complicates task for BoJ governor Kazuo Ueda a month after ending negative rates eraFinancial Times - World - Japan -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Is another inflation scare coming? GDP seems to say yes.
A surprisingly high inflation reading in the first quarter has raised anxiety about whether a key price index in March could be worse than expected and could lower the odds of U.S. interest-rate cuts.MarketWatch - Business -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.The Wall Street Journal - World - Japan -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.The Wall Street Journal - World -
Oil prices score weekly gain, breaking run of back-to-back weekly losses
Oil futures finished below Friday’s session highs after the latest U.S. inflation data raised doubts that the Federal Reserve will lower interest rates anytime soon.MarketWatch - Business -
Stocks on Track for Weekly Gains as PCE Inflation Hits 2.7%
Stocks climbed, putting the major U.S. indexes on course for weekly gains despite another round of firm inflation data.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 -
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 - Business - Federal Reserve -
Stocks risk a wild week with Big Tech earnings, Fed’s faceoff with inflation
“Magnificent Seven” stocks are driving market volatility. It isn’t the only worry.MarketWatch - Business