Dollar Should Stay Strong Due to Prospect of Us Rate Rises
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The WSJ Dollar Index Rises 0.5% to 100.62
The WSJ Dollar Index is up 0.5% to 100.62 — higher for two of the past three trading days.The Wall Street Journal - World -
'Stay strong,' parents tell Gaza hostage after video
Hamas issues a proof-of-life video of US-Israeli Hersh Goldberg-Polin, abducted on 7 October.BBC News - Top stories -
German Bund Yield Edges Higher on Two-Year High Consumer Sentiment Data
10-year Bund yields edged higher after an above-forecast GfK consumer sentiment index added to the better-than-expected German data this week.The Wall Street Journal - World -
One-word Ofsted grades should stay, says government
The government says the judgements are useful for parents, after MPs called for them to be scrapped.BBC News - Top stories -
Mother of Israeli-American hostage shown in Hamas video urges son to stay strong
The mother of Hersh Goldberg-Polin, an Israeli-American man who was taken hostage by Hamas militants in their Oct. 7 assault on Israel, spoke to CBS News Thursday about a video released Wednesday by Hamas that appears to show her son in captivity. ...CBS News - Top stories - Israel -
Mother of Israeli-American hostage shown in Hamas video urges son to stay strong
The mother of Hersh Goldberg-Polin, an Israeli-American man who was taken hostage by Hamas militants in their Oct. 7 assault on Israel, spoke to CBS News Thursday about a video released Wednesday by Hamas that appears to show her son in captivity. ...CBS News - World - Israel -
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 -
Cubs place Cody Bellinger on IL due to rib fracture, call up top prospect Pete Crow-Armstrong
Cody Bellinger ran into a brick wall. It didn't end well.Yahoo Sports - Sports -
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 -
Nigeria’s naira rebounds sharply after bumper interest rate rises
After hitting record low against dollar, naira has become world’s best-performing currency in recent weeksFinancial Times - World -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant
Intel has missed most of the significant technology transitions over the past 15-plus years, losing its standing in the chip industry along the way.CNBC - Business -
Intel used to dominate the U.S. chip industry. Now it's struggling to stay relevant.
Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings.NBC News - Top stories -
Blinken says he challenged China's Xi on Russia war support
America's top diplomat and the Chinese president have held talks in Beijing as both sides seek to stabilise relations.BBC News - Top stories - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - World - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Should US manufacturing policy embrace job restoration or retraining?
An important question is unresolved: Namely, does the focus on increasing manufacturing jobs make for good economic policy?The Hill - Politics -
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.MarketWatch - Business - Mortgage -
Boston police arrest 100 as crackdown on campus Palestine protests ramps up
At least 93 students detained at USC and 34 arrested in Austin while House speaker faced jeers at Columbia University. More than 100 people were arrested at Emerson College in Boston early on Thursday in the latest crackdown against the rising ...The Guardian - World -
Ukraine war briefing: Kyiv pulls back Abrams tanks due to drone raids and losses, says US
Pentagon says it will help Ukrainians to adopt tactics that use M1A1 tanks more effectively. What we know on day 793 Continue reading...The Guardian - World - Ukraine -
US economy grew less than expected in first quarter at 1.6% rate
Previous indicators of robust growth have set back expectations of Fed rate cuts and wrongfooted marketsFinancial Times - World -
Biden dealt blow as investors scale back bets on pre-election rate cut
Markets no longer fully confident of move by September following new growth and inflation dataFinancial Times - Business - Joe Biden -
Microsoft quarterly profit rises 20% as tech giant pushes to get customers using AI products
Microsoft has reported that its profit rose 20% for the January-March quarter as it tries to position itself as a leader in applying artificial intelligence technology to make workplaces more productiveABC News - Tech - Microsoft -
US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers — the main driver of economic growth — kept spending at a solid paceABC News - Top stories -
Sainsbury's: Almost everyone now shops in store
Nearly 90% of business now comes from its stores, the retailer says, as it reports a rise in food sales.BBC News - Top stories -
The NFL Draft Prospect Moonlighting as an Investor
When Florida State defensive tackle Braden Fiske received a windfall in the new collegiate sports economy, he resisted the urge to spend it on cars and clothes. Instead, he put his money in the stock market.The Wall Street Journal - World - NFL -
The WSJ Dollar Index Falls 0.2% to 100.14
The WSJ Dollar Index is down 0.2% to 100.14 — down for two of the past three trading daysThe Wall Street Journal - World -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Business -
With Inflation This High, Nobody Knows What a Dollar Is Worth
Strong reactions to rising prices and misunderstandings about the value of money are rampant, our columnist says.The New York Times - Top stories -
Bellinger has fractured ribs; Cubs add prospect
With outfielder Cody Bellinger heading to the injured list with two fractured ribs, the Cubs called up top prospect Pete Crow-Armstrong.ESPN - Sports -
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 -
Orioles' Holliday, hitting .059, optioned to minors
The Baltimore Orioles optioned struggling infielder Jackson Holliday to Triple-A Norfolk on Friday.ESPN - Sports -
Agency failures contributed to park deaths - coroner
David Wails, Joe Ritchie-Bennett and James Furlong were stabbed to death in Reading in June 2020.BBC News - Top stories