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Fintech finally starts to add up for investors
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Bitcoin extends its slide to start May, falling to $57,000 as Fed leaves rates unchanged
Bitcoin slid to its lowest level in over two months to kick off May, as the Federal Reserve held interest rates steady.CNBC - Business - Federal Reserve -
Lugo gets 5th win in 7 starts, Massey adds 3-run HR as Royals beat Blue Jays 6-1
Seth Lugo pitched seven strong innings to win for the fifth time in seven starts, Michael Massey hit a three-run home run and the Kansas City Royals beat the Toronto Blue Jays 6-1 on WednesdayABC News - Sports - MLB -
A.I. Start-Ups Face a Rough Financial Reality Check
The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.The New York Times - Tech -
Upgraded Museums Add New Value at Colleges and Universities
Educational institutions across the United States are spending more money to renovate museums and make them a more integral part of learning.The New York Times - Business -
Beyoncé Has Finally Changed Fashion
It’s now impossible to see a cowboy hat or pair of cowboy boots and not think of her.The New York Times - Lifestyle -
Investors Cheer AI Spending Boom in Big Tech---Just Not at Meta
Meta had its worst trading day in 18 months after warning of years of AI investment. Shares of Microsoft and Google parent Alphabet rallied.The Wall Street Journal - Tech -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - World - United Kingdom -
Theatre funds and mega-investors edge out ‘angels’ in thriving West End
Individuals can invest as little as a few thousand into productions, but flops are an eternal riskFinancial Times - Business -
UK ‘not exciting’ for green investors, says former climate adviser
Ex-CCC head warns Rishi Sunak’s rollback on net zero has driven investment elsewhereFinancial Times - Business - United Kingdom -
Stocks Turn Higher After Powell Comments
Stocks were turning higher following the Federal Reserve’s widely expected decision to keep rates steady.The Wall Street Journal - World
More from Financial Times
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Japan is haunted by a return to emerging-economy status
The battering sustained by the yen since January is causing alarm in some quartersFinancial Times - World - Japan -
Manchester’s Co-op Live arena cancels opening concert a third time
‘Venue-related technical issue’ blamed for latest setback to hit £350mn project backed by Oak View GroupFinancial Times - World -
FirstFT: Federal Reserve signals that rates will remain higher for longer
Also in today’s newsletter, Chinese groups sanctioned by US for aiding Russia’s military, and the Republican party civil war flares up againFinancial Times - World - Federal Reserve -
Georgia cracks down on pro-EU protesters in Russia pivot
Clashes come after rare appearance by ruling party founder Bidzina Ivanishvili criticising the westFinancial Times - World - Russia -
Democrats accuse Big Oil of climate change ‘denial and doublespeak’
Three-year congressional investigation unearths internal industry documentsFinancial Times - World - Climate