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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 -
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 -
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 -
Vistra Corp. to join S&P 500 index, replacing Pioneer Natural Resources
The electric utility company replaces Pioneer Natural Resources Co. after the latter’s acquisition by Exxon Mobil Corp.MarketWatch - Business -
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 -
April jobs report falls short
Presented by BP — The jobless rate also rose to 3.9 percent during the same period. {beacon} Business & Economy Business & Economy PRESENTED BY The Big Story US economy adds 175K jobs in April New data shows the economy added 175,000 jobs last ...The Hill - Politics -
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
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Sam Ash Music Hunts for Buyer as Stores Close Down, Family Owner Says
Sam Ash Music, the renowned musical-instruments retailer that recently announced plans to shut down all 45 of its stores, is looking for a buyer to keep the chain and its online retail presence going, CEO Richard Ash said.The Wall Street Journal - World -
The Government-Spending Jobs Boom
Most new jobs are in healthcare, government and social assistance.The Wall Street Journal - World -
The UAW Has a Gaza Policy
Auto workers chief Shawn Fain signals the union’s solidarity with violent protesters.The Wall Street Journal - World -
Joe Biden's Japanese Diplomacy
The President says our most important allies in the Pacific are ‘xenophobic.’ Discuss.The Wall Street Journal - World - Joe Biden