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The WSJ Dollar Index Falls 0.3% to 100.18
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Weaker-Than-Expected Payrolls Push Down Dollar
The dollar fell in a week when the Fed was perceived as not too hawkish—after Chair Powell kept a rate hike off the table— and payrolls surprised to the downside, for a change.The Wall Street Journal - World -
Hope Hicks: Trump was worried about WSJ article’s effect on Melania
Donald Trump’s former communications director testifies that he worried about Wall Street Journal article about purchase of Stormy Daniels and Karen McDougal stories. Trump trial continues with judge dismissing claims that ex-president can’t ...The Guardian - World - Donald Trump -
Attacks on press freedom around the world are intensifying, index reveals
In the past year, in virtually every region, journalists and independent media outlets faced increasing repression. Political attacks on press freedom, including the detention of journalists, suppression of independent media outlets and widespread ...The Guardian - World -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World -
How Scrappy Cryptominer CoreWeave Transformed Into the Multibillion-Dollar Backbone of the AI Boom
CoreWeave, once a small player in crypto, is now a $19 billion unicorn that provides GPUs to AI developers. Its frenetic culture and rising competition now pose challenges, former employees say.Wired - Tech -
Trump blames strong dollar for U.S. economy ‘going to hell’
Trump’s economic advisors are ”actively debating ways to devalue the U.S. dollar if he’s elected to a second term,” according to one report.MarketWatch - Business - Donald Trump -
Lagardère: Anatomy of a French heir’s fall
Arnaud Lagardère’s exit comes as Bernard Arnault and Vincent Bolloré prepare their own successionsFinancial Times - World -
Apple sales fall in nearly all countries
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.BBC News - Top stories - Apple -
Treasury Yields Fall on Weaker-Than-Expected Payrolls
Treasury yields fell, push down by weaker-than-expected payrolls.The Wall Street Journal - World -
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.
Tech shares led U.S. stock indexes higher ahead of a jobs report for April, with the S&P 500 and Dow both rising 0.9% and the Nasdaq gaining 1.5%.The Wall Street Journal - World
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Find insight on Trupanion, Intesa Sanpaolo, Ancora Holdings and more in the latest Market Talks covering the Financial Services sector.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Find insight on oil futures, the U.S. rig count, the Trans Mountain oil pipeline and more in the latest Market Talks covering the Energy & Utilities sector.The Wall Street Journal - World -
Slower Hiring Boosts Hopes of a Late-Summer Rate Cut
The slowdown marked a break from a string of data showing surprising strength in the labor market. Wages rose less than anticipated.The Wall Street Journal - World -
Israel Gives Hamas a Week to Strike a Deal or Rafah Offensive Will Begin
Hamas’s Gaza chief hasn’t responded to a cease-fire proposal presented last weekend.The Wall Street Journal - World - Israel