Drop in Uk Growth Forecast Limits Chancellor S Budget Wriggle Room
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Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Ukraine's air defence plea falls short in S Europe
Greece says it cannot spare its defence systems and Spain reportedly says it can only provide missiles.BBC News - Top stories - Ukraine -
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 -
RFK Jr.'s running mate, Nicole Shanahan, remains in the shadows
Robert F. Kennedy Jr.'s running mate Nicole Shanahan has been almost completely absent on the campaign trail.ABC News - Top stories -
Saints draft S. Carolina QB Rattler in 5th round
The Saints selected South Carolina quarterback Spencer Rattler with the first of three fifth-round picks on Saturday at Day 3 of the NFL draft.ESPN - Sports - NFL -
Moncler Sales Beat Forecasts Amid Solid Demand in China
The Italian luxury-fashion company said revenue for the Moncler brand grew 26% in Asia.The Wall Street Journal - Business - China -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
American Airlines swings to a loss, but tops estimates for Q2 forecast
American Airlines swung to a loss in the first quarter, but its forecast for the current period surpassed analysts' estimates.CNBC - Business - Travel -
Meta tumbles 10% on weak revenue forecast and Zuckerberg's comments on spending
Meta shares tumbled on Thursday after the company issued weak revenue guidance that overshadowed its first-quarter earnings beat.CNBC - Business -
Intel shares fall after company provides weak forecast for the current quarter
Intel's report was the first since the company revealed that it had restructured its financial reports to make Intel Foundry a separate line item.CNBC - Business -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
FirstFT: Alphabet beats earnings forecast and announces first-ever dividend
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut betsFinancial Times - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - World -
Traton First Quarter Beats Forecasts Despite European Slowdown
Traton posted above-forecast results for the first quarter, thanks to stronger pricing and market growth in South America and despite slower momentum in Europe.The Wall Street Journal - Business -
Forecasting pioneer: 'A lot would have to go wrong for Biden to lose'
A notable forecaster of presidential elections said in a recent interview that “a lot would have to go wrong for [President Biden] to lose” in November. In an interview with The Guardian released Friday, American University professor Allan ...The Hill - Politics - Joe Biden -
Kenya flood death toll rises as more torrential rain forecast
Total deaths reach 76 and more than 130,000 displaced as weeks of flooding also affects east African neighbours. Seventy-six people in Kenya have died because of flooding triggered by torrential downpours since March, the government has said, ...The Guardian - World -
Supreme Court wrestles with abortion clash over emergency room treatment for pregnant women
The Supreme Court considers whether Idaho's near-total abortion ban conflicts with a federal law aimed at ensuring certain standards for emergency medical care for patients, including pregnant women.NBC News - Top stories - Abortion -
Supreme Court wrestles with abortion clash over emergency room treatment for pregnant women
The Supreme Court considers whether Idaho's near-total abortion ban conflicts with a federal law aimed at ensuring certain standards for emergency medical care for patients, including pregnant women.NBC News - Politics - Abortion -
Room & Board Sets Up Employee Stock Ownership Plan, Giving Workers A Stake
Room & Board, the Minneapolis-based modern furniture retailer, is giving employees a financial stake in the company via a new employee stock ownership plan.The Wall Street Journal - World -
‘It should feel like an extension of the living room’: radical study centre is named best building in Europe
A ‘non-hierarchical’ university space that can be continually altered or even moved has won the EU’s biennial prize for contemporary architecture . A lightweight university study centre designed to be easily disassembled has won the prize for the ...The Guardian - World -
Mexico City seeks to downplay the case of a serial killer suspect who kept women's bones in his room
Mexico City prosecutors are seeking to downplay the case of a suspected serial killer who kept women's bones and a saw in his roomABC News - World -
Mexico City seeks to downplay the case of a serial killer suspect who kept women's bones in his room
Yahoo News - World -
'Coat hanger' could unlock storage room where Trump stored classified docs: Witness
The witness account further undercuts claims by Trump that the highly-classified materials were secured at all times.ABC News - Top stories - Donald Trump -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - World -
Nestle Sales Growth Slows Sharply on Consumer Uncertainty
Nestle’s first-quarter organic sales missed forecasts as consumer demand remained weak, particularly in North America, while supply-chain disruptions continued to hold back volumes.The Wall Street Journal - Business -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - World -
A reformed stock market would unleash Britain’s growth
Keeping growth companies onshore would boost the FTSE and the UK economyFinancial Times - World -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
Hermes Posts Sales Growth Across All Markets
Hermes sales grew across its regions in the first three months of the year, helped by its wealthier client base during a quarter that was expected to be challenging for the luxury sector as a whole.The Wall Street Journal - Business -
Biden delivers remarks on the CHIPS Act and job growth
Watch live coverage as President Biden delivers remarks on how the CHIPS and Science Act are growing the economy and creating jobs.NBC News - Top stories - Joe Biden -
Microsoft cloud growth accelerates on back of AI push
Microsoft saw a pickup in the segment containing video games after buying publisher Activision Blizzard in October.CNBC - Business - Microsoft -
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.The Wall Street Journal - World -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Politics -
Pace of economic growth slows as inflation remains stubborn
Economic growth increased at a slower pace than economists had predicted in the first quarter, while President Biden continued to deliver a positive message about the economy. NBC News' Peter Alexander reports.NBC News - Top stories -
USDA updates rules for school meals that limit added sugars for the first time
U.S. agriculture officials announced new nutrition standards for school meals that will limit added sugars for the first timeABC News - Health -
E.P.A. Severely Limits Pollution From Coal-Burning Power Plants
New regulations could spell the end for plants that burn coal, the fossil fuel that powered the country for more than a century.The New York Times - Top stories -
Supreme Court weighs limits of presidential immunity in Trump case: Listen live
The Supreme Court will weigh the limits of presidential immunity Thursday in an unprecedented and historic case with significant implications for former President Trump, his legal fights and the 2024 race for the White House. Trump is pushing an ...The Hill - Politics - Donald Trump -
EPA limits 4 types of power plant pollution with sweeping rulemaking
On Thursday, the Environmental Protection Agency announced a suite of new rules aimed at dramatically reducing pollution from coal and natural gas fired power plants.ABC News - Top stories -
Justices question lawyers for Trump and Jack Smith on the limits of presidential immunity
Latest news and live updates on former President Donald Trump's arguments at the Supreme Court on presidential immunity from election interference charges.NBC News - Politics - Donald Trump