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Fed Prepares Slower Pace of Runoff for $7.4 Trillion Portfolio 'Fairly Soon'
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The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street's expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.
The U.S. economy grew at a sharply slower pace in the first quarter and inflation topped Wall Street’s expectations, dimming investor hopes for a quick Fed rate cut and sending the stock and bond markets down.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 -
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 -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
Israel Prepares Gradual Rafah Offensive
Responding to U.S. and international pressure, Israel is scrapping plans for an all-out assault in favor of an approach that seeks to limit civilian casualties.The Wall Street Journal - World - Israel -
6 reasons for seniors to add gold to their portfolios now
Gold can be a smart bet for seniors — and that's not just due to the recent gold price uptick either.CBS News - Top stories -
What you don’t know will hurt your portfolio
The depressing state of knowledge about retirement planningMarketWatch - Business -
Israel thought to be preparing to send troops into Rafah
Two reservists brigades mobilised for Gaza missions while rows of tents put up in Khan Younis. Israel appears to be readying to send troops into Gaza’s southernmost city of Rafah, the only corner of the strip that has not seen fierce ground ...The Guardian - World - Israel -
US preparing to announce $6B in weapons contracts for Ukraine
The package could be finalized and announced as soon as Friday.Politico - Politics - Ukraine
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Blinken Begins High-Stakes Middle East Trip Aimed at Gaza Cease-Fire
Washington hopes to delay an Israeli invasion of Rafah as protests rile U.S. campuses and Israel’s isolation deepens.The Wall Street Journal - World -
Australia Shares Set to Build on Week-Opening Gains
Australia’s S&P/ASX 200 looks set to edge higher at the open, building on its week-opening gains following a positive lead by U.S. equities.The Wall Street Journal - World - Australia -
NBC Prepares $2.5-Billion-a-Year Bid to Pluck NBA Rights From TNT
The league is in advanced stages of a new round of media-rights deals. Disney’s payments would increase under a proposed deal.The Wall Street Journal - World - NBA -
Columbia Turns Up Pressure on Pro-Palestinian Student Protesters
Alumni, donors and Democrats had called on the school to disband encampment.The Wall Street Journal - World -
Protectionism Won't Save U.S. Steel's Jobs
Its Japanese suitor, Nippon Steel, has the capital it needs to make it competitive again.The Wall Street Journal - World