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Gilt Yields Fall After Weak U.K. Retail Sales Data
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Treasury Yields Fall Slightly After Fed Decision
The U.S. central bank confirmed expectations by holding interest rates unchanged.The Wall Street Journal - World - Federal Reserve -
Natural Gas Falls on Weak Demand
U.S. natural gas futures settled lower with soft demand and the hefty storage overhang weighing on the market despite lower U.S. production.The Wall Street Journal - World -
Japanese Yen Falls After Surge Amid Intervention Speculation
The Japanese yen fell against the dollar following a sharp rise late Wednesday after Japanese authorities were thought to have intervened again.The Wall Street Journal - World - Japan -
AMD reports strong Q1 data center revenue offset by weak gaming
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.VentureBeat - Tech -
Oil prices ends lower as weekly U.S. crude supplies rise by over 7 million barrels
Oil futures fell for a third straight session on Wednesday, settling at their lowest level since mid-March, after official U.S. data revealed an unexpected weekly rise of more than 7 million barrels in domestic crude inventories.MarketWatch - Business -
Metals Fall Ahead of Fed Policy Decision
Metal prices traded lower, with gold falling back below $2,300, as traders further temper expectations on the timing of U.S. interest-rate cuts this year.The Wall Street Journal - World - Federal Reserve -
Stellantis Sales Fall Short of Expectations
Stellantis backed its full-year guidance despite revenue falling in the first quarter on lower sales volumes in North America as it prepares production for new models.The Wall Street Journal - Business -
Starbucks Shares Plunge After Sales, Earnings Miss
Speeding up service and introducing new beverages are part of efforts to win back customers, executives say.The Wall Street Journal - World -
Eurozone Government Bond Yields Edge Lower After Fed Meeting
Eurozone government bond yields declined, trading by 3-4 basis points lower, as they tracked a fall in Treasury yields on Wednesday in the wake of the Fed meeting.The Wall Street Journal - World - Federal Reserve -
AMD boosts its outlook for AI revenue, but stock still falls
AMD lifted its outlook for its MI300 AI accelerator product, which is now expected to drive upwards of $4 billion in revenue this year.MarketWatch - Business
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Insurer to Make $350 Million Payout in Baltimore Bridge Collapse
The check from Chubb would be the first large payout in what will likely be a yearslong wrangle over who bears the $1 billion-plus estimated cost of the bridge’s collapse.The Wall Street Journal - World -
Disaster Loans Provided a Lifeline. Now Small Businesses Owe Billions in Fees.
The government has referred 860,000 delinquent Covid loans for collection—tacking on billions of dollars in fees for small-business borrowers.The Wall Street Journal - World -
Buffett Rules Out 'Eye-Popping' Returns. But Investors Aren't Listening.
Berkshire is poised to hit a $1 trillion valuation as investors gather this weekend for its annual shareholder meetingThe Wall Street Journal - World -
Musk Has a Vision for Tesla's Robotaxi. OthersCan'tSee It.
Carmaker plans to show off its automated vehicle this summer, but tech and regulatory hurdles remain before it can become reality.The Wall Street Journal - World - Elon Musk -
She Quit Venture Capital for Pro Cycling. She Has No Regrets.
Kristin Faulkner left her life in Silicon Valley for the unpredictable world of professional cycling. After a major victory in Spain, she’s hoping to realize a childhood dream at the Olympics.The Wall Street Journal - World