Europe Scrapes Out Economic Growth by Dodging Gas Disaster
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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 -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
Oil prices pull back as U.S. economic growth disappoints
Gross domestic product was much softer than expected in the first quarter, which could weigh on crude oil demand.CNBC - Business -
U.S. economic growth slower than expected in 2024's first quarter
The U.S. GDP increased at a 1.4% annualized rate in the first quarter of 2024, a pace that's slower than expected and much lower than the 3.4% growth seen in the fourth quarter of 2023. CBS News business analyst Jill Schlesinger has more on why ...CBS News - Top stories -
'Europe could die,' France's Macron says as he calls for stronger defense and economic reform
President Emmanuel Macron appealed for stronger, more integrated European defenses and said the continent must not become a vassal of the United States.NBC News - Top stories -
US economic growth slows; Anglo American shares surge after BHP proposes £31.1bn takeover – as it happened
FTSE 100 hits another record, after buyout offer for Anglo American, while US economy slowed by more than expected in the last quarter. Full story: US growth slows as inflation rises, spooking marketsFull story: BHP moves to buy Anglo American ...The Guardian - World -
‘Recipe for disaster’: Venice entry fee sparks confusion and protest on day one
Some residents say €5 fee aimed at curbing tourist numbers goes against principle of freedom of movement. For more than 160 years, visitors have been arriving at Venezia Santa Lucia train station and disembarking straight into the heart of one of ...The Guardian - World -
Europe’s Climate Leaders
This annual FT-Statista survey lists the companies that have made the most progress in cutting their carbon emissions intensity. A full report, comprising articles discussing the issues that this research raises, will follow on May 16Financial Times - World - Climate -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - Business -
Swedbank Upbeat on Economic Recovery
Swedbank’s earnings fell in the first three months of 2024, with higher interest rates weighing on net interest income, but the bank said an improving economy should boost performance over the year as it looks to move on from tangles with ...The Wall Street Journal - World -
U.S. Natural Gas Futures Sink on Storage Concerns
U.S. natural gas futures posted their sharpest one-day decline since mid-January, with May hitting a new contract low amid prospects of an increase in already hefty excess storage.The Wall Street Journal - World -
U.S. Natural Gas Futures Lose Ground on Storage Surplus
U.S. natural gas futures added to the previous day’s losses as a weekly inventory report showed a larger-than-expected build in natural gas storage.The Wall Street Journal - World -
Greece’s economic rebound in (painful) context
Scar tissue that I wish you sawFinancial Times - World -
BHP told to hand over executives’ employment details in Brazil dam disaster litigation
Claimants hope to bolster their case that managers were incentivised to push for cost cuts that contributed to the tragedyFinancial Times - Business - Brazil -
Forgotten picks to gas mask bongs: the strangest NFL draft moments
The league’s annual circus will descend on Detroit this week. We look back on some of the draft’s oddest and infamous momentsYahoo Sports - Sports - NFL -
Copper’s record as a stock market and economic predictor is tarnished
‘Dr. Copper’ is practicing without a license.MarketWatch - Business -
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 -
Europe’s Climate Leaders 2024: interactive listing
Despite chafing at green regulations, companies are making headway on cutting carbon emissionsFinancial Times - World - Climate -
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 -
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Authorities in Finland say a Chinese container ship remains the focus of an investigation into what caused damage last year to a Baltic Sea gas pipeline between NATO members Finland and EstoniaABC News - World -
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Yahoo News - World -
A Chinese ship remains the focus of the investigation into Baltic Sea gas pipeline damaged last year
Yahoo News - World -
Comex Gold, Silver Settle Higher
Gold settled 0.2% higher, snapping a three-session losing streak, and silver rose nearly 0.1%, up two of the past three sessions.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 -
Mosquito-borne diseases spreading in Europe due to climate crisis, says expert
Illnesses such as dengue and malaria to reach unaffected parts of northern Europe, America, Asia and Australia, conference to hear. Mosquito-borne diseases are spreading across the globe, and particularly in Europe, due to climate breakdown, an ...The Guardian - World - Climate -
From state contracts to a dawn raid: how Europe turned on China’s Nuctech
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - Business - China -
Europe turns on China’s Nuctech after decade of awarding security contracts
Security equipment supplier’s machines are widely used at borders around the continent under public contractsFinancial Times - World - China -
Europe live: Venice residents protest as city begins visitor charging scheme
Locals say city is against plan and accuse authorities of turning Venice into a ‘theme park’ by charging day trippers for visits. The latest target in Amsterdam’s decade-long battle against overtourism is an unlikely one: river cruises.. City ...The Guardian - World -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Europe falling behind US and China in pharma innovation, warns AstraZeneca chief
Continent’s drugmakers need to pay up to attract and retain talent, says Pascal SoriotFinancial Times - Business - China -
Georgians arrested over cross-Europe thefts of rare library books
Suspects alleged to have posed as academics to access books and replace them with copies, says Europol. Europe live – latest updatesPolice have arrested nine Georgians suspected of running a sophisticated criminal operation stealing valuable ...The Guardian - World -
Poland lays claim to a leadership role in Europe as Russia's war threatens stability
Poland’s foreign minister has called on NATO to increase its defense preparedness and said his government wants to be at the center of decision-making in the European Union, seeking to reestablish the country as a reliable international partner as ...ABC News - World - Russia -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
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 -
Harris to highlight economic opportunities for Black Americans in multistate tour
Vice President Harris will kick off a multistate tour on Monday touting economic opportunities for Black Americans in an effort to mobilize the critical voting base for Democrats ahead of November's election. The Economic Opportunity Tour will ...The Hill - Politics -
Confounding U.S. Economic, Inflation Data Muddy Fed's Rate Path
Inflation isn't dropping, productivity is high and unemployment is low, making a rate cut less likely in the near term.Inc. - Business - Federal Reserve -
Microsoft earnings are out – here are the numbers
Microsoft added artificial intelligence talent through a deal with startup Inflection in the quarter, as it worked to sell a productivity chatbot to clients.CNBC - Business - Microsoft