First Republic S Shares Crash More Than 46 after Downgraded Credit Rating
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S&P Cuts Israel's Credit Ratings on Geopolitical Concerns
S&P Global Ratings lowered its long-term foreign and local currency sovereign credit ratings on Israel to A-plus from AA-minus, citing geopolitical risks.The Wall Street Journal - World - Israel -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Columbia protests continue after more than 100 arrested
Pro-Palestinian demonstrators have reoccupied Columbia University's main lawn for a third day of protests in Upper Manhattan.CBS News - Politics -
Israel downgraded by S&P Global just ahead of retaliatory attack on Iran
S&P dropped Israel’s sovereign credit rating by one notch to A+ from AA-, with the outlook negative, hours before signs of fresh tensions between that country and Iran.MarketWatch - Business - Iran -
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.
A congressional investigation found that Wall Street used billions of dollars of U.S. retirement savings and other investments to buy shares in index funds that included more than five dozen blacklisted Chinese companies.The Wall Street Journal - World -
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.
Mortgage rates have surged past 7% and home sales in March posted their biggest monthly drop in more than a year, renewing pressure on the U.S. housing market as uncertainty over real-estate commissions buffets the industry.The Wall Street Journal - World -
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.
Warner Bros. Discovery CEO David Zaslav received pay last year valued at $49.7 million, a 27% increase from 2022 and more than three times as much as the $15.6 million median pay of S&P 500 CEOs disclosed through late March.The Wall Street Journal - World -
S&P Cuts Israel Rating on Heightened Geopolitical Risk
Yahoo News - World - Israel -
More Than 100 Columbia University Students Arrested as Protests Intensify
The university called in the police to empty an encampment of demonstrators. But students have vowed to stay, no matter the consequences.The New York Times - Top stories -
Biden Weighs More Than $1 Billion in New Arms for Israel
The Biden administration is considering supplying tank shells, mortars and vehicles in one of the largest transfers since the start of the war in Gaza.The Wall Street Journal - World - Joe Biden -
PwC Looks to ShrinkNewU.S. Consulting Partner Class by More Than 50%
PricewaterhouseCoopers is looking to shrink its new class of U.S. consulting partners by more than 50% compared with last year as demand for advisory services continues to slow and the firm reorganizes its business lines.The Wall Street Journal - World -
Ocean spray emits more PFAS than industrial polluters, study finds
Research into release of ‘forever chemicals’ raises concerns about contamination and human exposure along world’s coastlines. Ocean waves crashing on the world’s shores emit more PFAS into the air than the world’s industrial polluters, new ...The Guardian - World -
More than 2,100 people are evacuated as an Indonesian volcano spews clouds of ash
MANADO, Indonesia — More than 2,100 people living near an erupting volcano on Indonesia’s Sulawesi Island were evacuated Friday due to the dangers of spreading ash, falling rocks, hot volcanic clouds and the possibility of a tsunami.NBC News - Top stories -
Fed’s Goolsbee says ‘more sniffing’ may be needed before rate cuts
Federal Reserve Bank of Chicago president Austan Goolsbee on Friday said "more sniffing" is needed before the Fed can cut interest rates. Here's what to know.CNBC - Business -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
Mortgage rates top 7 percent for first time in 2024
Mortgage rates topped 7 percent for the first time this year, according to data released Friday by Freddie Mac. The average 30-year fixed-rate mortgage rose to 7.1 percent this week, up from 6.88 percent the week before. “As rates trend higher, ...The Hill - Politics - Mortgage -
'The mirror doesn’t lie': How Corey Seager’s constant pursuit of perfection created MLB’s most beautiful swing
Seager's left-handed swing is a thing of beauty. But the constant feeling that it could desert him is what turned him into MLB's new Mr. Clutch.ESPN - Sports -
Honda unveils a series of sleek EVs for China and they're way more exciting than anything we get in the rest of the world
Yahoo News - World - China -
Tesla recalling more than 3,000 of its 2024 Cybertrucks due to faulty pedal
Tesla is recalling nearly 4,000 of its 2024 Cybertrucks after it discovered that the accelerator pedal can become stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crashABC News - Top stories - Tesla -
House advances Ukraine and Israel aid with rare support from more Democrats than Republicans
The House advanced four separate bills, including aid for Ukraine and Israel after months of delay and a bill that could ban TikTok in the U.S.NBC News - Top stories - Ukraine -
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.
U.S. stocks ended mixed, with the S&P 500 and Nasdaq falling 0.2% and 0.5%, respectively, and the Dow eking out a gain of less than 0.1%. Treasury yields rose.The Wall Street Journal - World -
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.
Schneider Electric is in talks to take control of the engineering-software company Bentley Systems in a deal that could be valued at more than $15 billion.The Wall Street Journal - World -
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.
Skydance, which is in exclusive merger talks with Paramount Global, expects to more than double its revenue and triple its adjusted earnings in the coming years.The Wall Street Journal - World -
More people are evacuated after the dramatic eruption of an Indonesian volcano
Yahoo News - World -
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She’s the mastermind guarding Taylor Swift’s reputationThe Wall Street Journal - World -
Paramount shares rise after Sony, Apollo reportedly seek to join deal talks
Shares of Paramount Global were trading higher following a report that Sony’s movie studio division is in talks with Apollo Global Management about joining a bid for Paramount.MarketWatch - Business -
Josh Allen shares what he texted Stefon Diggs after Bills traded the star wide receiver to Texans
Allen opened up about his former teammateCBS Sports - Sports - NFL -
Netflix's Subscriber Numbers Soar After its Password Sharing Crackdown. But What Next?
The password crackdown may have annoyed many subscribers last year, but it's helping to usher Netflix into its comfortable middle-age years as a market juggernaut.Inc. - Business - Netflix -
Ukraine war briefing: Kyiv claims bomber shot down at 308km range after crash in Russia
US House of Representatives moves closer to passing Ukraine aid; bureaucracy delays £500m in foreign assistance channelled through UK Ministry of Defence. What we know on day 787. See all our Ukraine war coverageUkraine said it shot down a Russian ...The Guardian - World - Ukraine -
The Biden administration is considering more than $1 billion in new weapons deals for Israel including tank ammunition, military vehicles and mortar rounds, U.S. officials said.
The Biden administration is considering more than $1 billion in new weapons deals for Israel including tank ammunition, military vehicles and mortar rounds, U.S. officials said.The Wall Street Journal - World - Joe Biden -
Chasing 5th straight win, Nelly Korda is 2 shots back at Chevron Championship after a first-round 68
Nelly Korda, who is looking to tie an LPGA Tour record with her fifth straight win, shot a 4-under 68 in the opening round of the Chevron ChampionshipABC News - Sports -
Cavaliers feel better prepared for playoff stage after '23 flop, face Magic in first-round series
The Cavaliers have waited a year to redeem themselves in the NBA playoffsABC News - Sports -
NYCB is expected to swing to a first-quarter loss next week after estimates have tumbled
Analysts’ estimates go from profit to loss after bank’s stock plunged on material weakness and stressed loans.MarketWatch - Business -
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel's strike against Iran before retreating, closing up 0.2%.
The Nasdaq fell 5.5% for the week, its worst such performance since 2022, while the S&P 500 dropped 3.1% and the Dow eked out a tiny gain. Oil prices climbed to $91 a barrel Friday after Israel’s strike against Iran before retreating, closing up ...The Wall Street Journal - World -
Aubrey Kingsbury credits Washington Spirit owner Michele Kang's 'leadership' and 'vision' for team's success
The Spirit host NJ/NY Gotham on Saturday on CBS in an NWSL showdownCBS Sports - Sports -
The radical repricing of US interest rates
Financial markets and the Fed are searching for a convincing economic storyFinancial Times - World -
Want to Remember More? Make More Mistakes
A neuroscientist explains why errors in learning help forge our memories.The Wall Street Journal - World -
Why a CD is better than these 4 popular alternatives
If you want to maximize your interest, a CD is often your best option.CBS News - Top stories -
Who Doesn’t Want to Be a Traitor?
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Family 'appalled' officer shared dead body pictures
Photos of Paul Wells, who was stabbed to death by his neighbour, were shared by former PC Lewis Wood.BBC News - Top stories