What to Expect in the Housing Market This Year
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Swinney looks set to be first minister as Forbes backs him
John Swinney is now expected to be the only candidate to succeed Humza Yousaf as SNP leaderBBC News - Top stories -
Dodgers ace Buehler expected to return Monday
Dodgers pitcher Walker Buehler is expected to make his return to the big leagues Monday after missing nearly two full years following Tommy John surgery in 2022.ESPN - Sports - MLB -
Metal Prices Mixed, With Gold Holding Firm as Base Metals Slip
Metal prices were mixed, with gold up a day after a more-dovish-than-expected Fed meeting, while base metals prices fell back.The Wall Street Journal - World -
Worried About a Stock-Market Correction? Here's How to Lock in Recent Gains
The best course when stocks slide is for investors to stand pat, but “put” options are one way to hedge against a drop and lock in some profits.The Wall Street Journal - World -
Huge supply shortages put cocoa market under strain
Traders desert futures contracts amid fears over delivery of beans next yearFinancial Times - Business -
Jim Cramer's top 10 things to watch in the stock market Wednesday
Wall Street begins May under pressure after a terrible April that broke five straight months of gains.CNBC - Business -
Should you take your stock market profits and run for the summer?
Stocks generally produce most of their returns during the six months of the year from Nov. 1 to April 30.MarketWatch - Business -
24 Dividend Aristocrats in the stock market with the fastest-growing payouts
A screen of companies that have consistently raised their dividends, but have also done so at annual paces exceeding 10% over the past five years.MarketWatch - Business -
Viking shares rise 8% after cruise line operator's market debut
The company's initial public offering coincides with a strong rebound in cruise bookings.CNBC - Business -
KKR Sees Private-Equity Pipeline Accelerating as Credit Market Loosens
The buyout firm said easier bank financing is opening up dealmaking opportunities as the year unfolds.The Wall Street Journal - World -
U.S. Financial Markets Regulator Names First Chief Artificial Intelligence Officer
Commodity Futures Trading Commission has promoted Ted Kaouk to the chief data and artificial intelligence officer role.The Wall Street Journal - World -
A message from the IMF on how to fix the EU’s ‘limping’ single market
Also in this newsletter: former executive of a scandal-embroiled Polish oil group is running for a seat in EU parliamentFinancial Times - World -
Florida real estate struggles as ‘motivated’ sellers flood market
Florida is seeing its inventory of homes for sale skyrocket and price growth stagnate, largely due to homebuilders rushing to accommodate a flood of newcomers.CNBC - Business - Florida -
Got a Great Product? Here's How to Find the Perfect Market Fit
On Inc.'s 'From the Ground Up' podcast, founders from two different beverage startups share how they found just the right product-market fit--from opposite directions.Inc. - Business -
Canada’s oil industry cuts reliance on US market as pipeline expands
Trudeau government completes C$34bn Trans Mountain project amid cost overruns and climate concernsFinancial Times - World -
Jim Cramer's top 10 things to watch in the stock market Thursday
The S&P 500 looks higher Thursday, one day after the index surrendered its post-Fed meeting gains and closed modestly lower.CNBC - Business -
What Is a Song?
Is it simply the music flowing out of your earphones? According to the law, the answer is a bit more complicated.The New York Times - Top stories -
Ukrainian President Zelensky expects NATO accession after war's end
Yahoo News - World - Ukraine -
Mississippi lawmakers expected to vote on Medicaid expansion plan with work requirement
Mississippi lawmakers are expected to vote this week on a proposal that would expand Medicaid coverage to tens of thousands more people, but it includes a work requirement that might not win federal approvalABC News - Health -
Amazon profit more than triples, topping Wall Street expectations
Amazon surpassed analyst expectations for revenue and earnings in the first quarter.CNBC - Business - Amazon -
Paramount Global CEO Bob Bakish expected to leave the company
Paramount Global's Chief Executive Bob Bakish is expected to be ousted from the media giant, according to two sources familiar with the matter. The move comes as Paramount considers its future.Los Angeles Times - Entertainment -
England and Key expect World T20 ‘slugfest’ as muscle ripples from top
Amid rising tides of Twenty20 run rates, the champions have opted for more aggression in their batting lineup. England will travel to the Caribbean for their T20 World Cup defence in June without an anchor aboard ship, their team director, Rob ...The Guardian - World -
Mike Trout to undergo knee surgery, which isn't expected to be season-ending
Trout is currently tied for the MLB lead in homers.Yahoo Sports - Sports -
Amazon profits may have tripled but do not expect a dividend
Resurgence of free cash flow at the ecommerce group is still fresh while capital expenditure is set to rise this yearFinancial Times - Business - Amazon -
Fed holds interest rates steady at highest level since 2001
The U.S. economy has faced a months-long stretch of stubborn inflation.ABC News - Top stories - Federal Reserve -
Arizona Senate passes repeal of 1864 abortion ban
The Arizona Senate voted to pass a repeal of the near-total ban on abortion from 1864 that was upheld by the battleground state’s Supreme Court last month.NBC News - Politics - Abortion -
Arizona Senate passes repeal of 1864 abortion ban
The Arizona Senate voted to pass a repeal of the near-total ban on abortion from 1864 that was upheld by the battleground state’s Supreme Court last month.NBC News - Top stories - Abortion -
Labour set to unveil weakened package of workers’ rights
Shadow ministers have been discussing how to tone down some of pledges in ‘New Deal’ to ease employer misgivingsFinancial Times - Business -
New York police storm Columbia and arrest pro-Palestinian protesters
Hundreds of officers in riot gear detain students who occupied campus building for nearly 24 hoursFinancial Times - Business - New York -
Antony Blinken tells Israel and Hamas that ‘time is now’ for a deal
Secretary of state says militant group must accept latest proposal but reiterates US opposition to Rafah offensiveFinancial Times - Business - Israel -
Smith & Nephew grants CEO 30% pay rise despite shareholder revolt
AGM vote sees 43% come out against a hike of $2.6mn for Deepak Nath if he hits targetsFinancial Times - Business -
Mastercard sees healthy spending, expects strong dollar to impact revenue growth
Mastercard Inc. lowered its GAAP revenue outlook for the full year, but not because it has a more cautious view of the spending landscape.MarketWatch - Business -
Will Tories dump Rishi Sunak if election results worse than expected?
There are few policy reasons to change leader, so lack of campaigning nous of PM who ‘can’t do human’ may be only argument. With just two days to go before a knife-edge election in Rishi Sunak’s own back yard, it was the shadow chancellor, Rachel ...The Guardian - World -
Pension Fund UniSuper Expects Bond Yields to Keep Climbing
UniSuper, one of Australia’s largest pension funds, said it expects bond yields to keep increasing as inflation lingers.The Wall Street Journal - World -
Swinney in line to become Scottish first minister after Forbes steps aside
Former SNP leader now likely to return to the role without a contest and take control of government next week. John Swinney is expected to be crowned Scotland’s next first minister within days after his only rival ruled herself out and pledged to ...The Guardian - World -
Hong Kong's Economy Slowed in First Quarter, But Beat Expectations
Hong Kong’s economy lost steam at the start of the year, as consumer and government spending weakened, but export strength helped growth beat consensus views that had tipped a much sharper slowdown.The Wall Street Journal - World - Hong Kong -
Shake Shack beats profit expectations as sales trends improve each month
Shake Shack Inc. on Thursday reported first-quarter profit that beat expectations and nudged up its full-year outlook, as improved margins helped offset revenue and same-Shack sales that came up a bit short.MarketWatch - Business -
Senate GOP campaign chief tempers expectations for size of November win
Senate GOP campaign chief Sen. Steve Daines (R-Mont.) is keeping expectations in check for Republicans' quest to retake the Senate majority, maintaining that his only goal is to flip two seats despite a favorable map for Republicans. Daines told a ...The Hill - Politics -
April jobs report expected to show 240,000 gain in U.S. hiring
Scattered signs of a slowdown in hiring suggest the April employment report could be a softer one, but Wall Street isn’t betting on it. Economists predict another large increase.MarketWatch - Business -
Moderna’s stock surges after better-than-expected quarterly results
Moderna’s stock jumped on Thursday as the company reported a narrower-than-expected first-quarter loss and looks to launch its second product in the U.S. later this year.MarketWatch - Business