Dollar Faces Headwinds As Fed Skip Narrative Takes Hold
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Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
Biogen tops profit estimates as cost cuts take hold, Alzheimer's drug Leqembi launch picks up
Alzheimer's drug Leqembi brought in approximately $19 million in sales for the quarter, up from the $10 million the drug generated last year.CNBC - Business -
2024 NFL Draft: Marvin Harrison says he skipped combine, Pro Day because he 'trained to play football instead'
Harrison Jr. leaned on advice from his father, Colts legend Marvin HarrisonCBS Sports - Sports - NFL -
Scotland first minister calls cabinet meeting amid Green deal speculation
The agenda is not known, but it follows speculation about the future of the power-sharing agreement with the Scottish Greens.BBC News - Top stories -
Why the Fed keeping rates higher for longer may not be such a bad thing
With the economy humming along and the stock market, despite some recent twists and turns, hanging in there pretty well, it’s a tough case to sell that higher interest rates are having a substantially negative impact on the economy.NBC News - Top stories - Federal Reserve -
Stocks Fall After GDP, Inflation Data
Stocks fell sharply after data showed the U.S. economy slowed in the first quarter. Nasdaq posted the biggest losses as Meta dragged down the wider tech sector.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
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 -
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 -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Top stories - Federal Reserve -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
BHP proposes £31bn takeover of Anglo American in mining mega-deal
Combination would bring together two of the industry’s largest companies as copper demand soarsFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
The Soaring Dollar Has Put Yen Traders On High Alert
The yen weakened to nearly 156 per dollar, hitting its lowest level in almost 34 years and putting traders on alert for possible intervention.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - World -
Posco Holdings' Net Fell on Sluggish Demand, Higher Costs
Posco said higher raw material prices weighed on earnings amid a slowdown in the industry, though increased steel product prices cushioned the fall in its operating profit.The Wall Street Journal - Business -
The Uncertainty Effect: Why IPOs May Be On Hold Until Post-Election
Historical trends suggest presidential elections don't move the needle, but certain companies have delayed their IPOs due to presidential elections--and 2024 will be a divisive one.Inc. - Business -
U.S. oil prices poised for lowest finish in a month as traders weigh demand prospects
Oil prices head lower Thursday, with U.S. prices on track to finish at their lowest in about a month as traders weigh prospects for energy demand.MarketWatch - Business -
MLA who quit was facing standards investigation
Alliance MLA Patrick Brown failed to attend the standards investigation committee hearing on Wednesday.BBC News - Top stories -
The options facing US Supreme Court on Trump immunity
The top court will hear arguments on Thursday in a case that could redefine presidential power.BBC News - Top stories - Donald Trump -
Europe faces ‘mortal’ threat, says Macron
French president calls for massive investment push and EU reforms in second Sorbonne speechFinancial Times - World - Europe -
Europe faces ‘mortal’ threat, says Macron
French president calls for huge investment push and EU reforms in Sorbonne speechFinancial Times - Business - Europe -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
Capital One-Discover merger comment period extended by Feds in move seen as routine
A comment period extension for the blockbuster $35 billion acquisition of Discover Financial Services by Capital One Financial Corp. isn’t a signal that the deal will be spiked for being anti-competitive, analysts said.MarketWatch - Business -
Congress could finally take a stand on crypto
A U.S. stablecoin bill could come into focus in May that aims to create a new regulatory framework for digital assetsMarketWatch - Business -
Texans VP Hannah McNair takes shots at Titans
Titans owner Amy Adams Strunk surely knew the reaction she would get in Houston when she chose to have her team wear the throwback Oilers uniforms against the Texans last season.Yahoo Sports - Sports - NFL -
Now It's Up to Europe to Take the Lead in Ukraine
Continental security can no longer be outsourced to the U.S., which may soon have other wars to fight.The Wall Street Journal - World - Ukraine -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
How Duke could use Purdue transfer Mason Gillis as the glue that holds the Blue Devils together
Gillis will bring a critical ingredient a 2024-25 roster that will otherwise be highlighted by star prospectsCBS Sports - Sports -
Ethnic Karen guerrillas in Myanmar leave a town that army lost 2 weeks ago as rival group holds sway
Guerrilla fighters from the main ethnic Karen fighting force battling Myanmar’s military government have withdrawn from the eastern border town of Myawaddy two weeks after forcing the army to give up its defenseABC News - World -
Orioles hold off Angels by throwing out base stealer. Trout becomes 1st in majors to reach 10 homers
Baltimore’s Gunnar Henderson continued his hot streak at the plate against the Los Angeles AngelsABC News - Sports - MLB -
Humza Yousaf faces vote of no confidence after ending power sharing with Scottish Greens – UK politics live
First minister says deal ‘has served its purpose’ and is no longer providing stability in parliament . Humza Yousaf, the SNP leader and Scottish first minister, is holding a press conference now.. He says he has been in the post for little more ...The Guardian - World - United Kingdom