Global Stocks Rise Ahead of Us Inflation Report
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Treasury yields carve out new 2024 highs after first-quarter core PCE inflation comes in hot
Treasury yields finished at their highest levels since November on Thursday, after data showed core PCE inflation came in hot for the first quarter even as U.S. economic growth slowed to 1.6%.MarketWatch - Business -
Treasury yields dip from 2024 highs ahead of Fed’s favored inflation report
Bond yields eased back from highs of the year as investors awaited crucial inflation data.MarketWatch - Business -
Harley-Davidson’s stock skids as global motorcycle shipments fall
The motorcycle icon beat analyst estimates, but its shares fell 15.4%.MarketWatch - Business -
Stocks Fall After GDP, Inflation Data
Stocks and government bonds fell sharply after fresh data showed the U.S. economy slowed in the first quarter.The Wall Street Journal - World -
Oil prices remain on track for weekly gains ahead of U.S. inflation data
Oil futures advanced on Friday morning, with both U.S. and global benchmark prices headed for weekly gains as investors awaited the release of U.S. inflation data that may provide further clues on when the Federal Reserve’s interest-rate cuts ...MarketWatch - Business -
S&P 500 Futures Rise With PCE Inflation in Focus
Futures tied to the tech-heavy Nasdaq-100, S&P 500 and the Dow industrials edged up ahead of the personal-consumption expenditures price index for March.The Wall Street Journal - World -
Authorities in Togo are cracking down on media and the opposition, report says ahead of election
Amnesty International says authorities in Togo have repressed the media and prevented civilians from gathering to protest peacefullyABC News - World -
What the GDP Report Says About Inflation: A Hot First Quarter
Thursday’s data suggests that a widely watched inflation reading due Friday could be worse than expected.The Wall Street Journal - World -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Deutsche Bank shares up 8% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Microsoft Reports Rising Revenues as A.I. Investments Bear Fruit
The tech giant’s quarterly results included strong growth in cloud computing, fueled by its services in generative artificial intelligence.The New York Times - Business - Microsoft -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
How TikTok’s Chinese owner tightened its grip on the app
Insiders say ByteDance exerting increasing influence over platform despite US pressure over ownershipFinancial Times - Business - Tiktok -
Troubling S&P 500 chart suggests that stock investors have a rough road ahead
Oversold rally earlier this week doesn’t erase the U.S. market’s negative picture.MarketWatch - Business -
Tee Higgins landing spots: Star receiver reaffirms desire to be traded ahead of NFL Draft, per report
Higgins had first requested a trade from Cincinnati in MarchCBS Sports - Sports - NFL -
Antony Blinken meets with China's President Xi as US, China spar over bilateral and global issues
U.S. Secretary of State Antony Blinken has met with Chinese President Xi Jinping and senior Chinese officials in BeijingABC News - World - China -
England tops chart for child alcohol use - report
The World Health Organization also finds higher rates of drinking and vaping among teenage girls.BBC News - Top stories -
Boston police arrest 100 as crackdown on campus Palestine protests ramps up
At least 93 students detained at USC and 34 arrested in Austin while House speaker faced jeers at Columbia University. More than 100 people were arrested at Emerson College in Boston early on Thursday in the latest crackdown against the rising ...The Guardian - World -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s three-day trip comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - World - China -
Xi tells Blinken US should avoid ‘vicious competition’ with China
Secretary of state’s trip to Beijing comes as tensions remain over Taiwan, war in Ukraine and tech export controlsFinancial Times - Business - China -
Here’s a rapid-fire update on all 33 portfolio stocks including our tech giants reporting this week
During the Investing Club's Monthly Meeting on Wednesday, Jim Cramer offered his updated thinking on the stocks in the portfolio.CNBC - Business -
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.
U.S. stocks ended mixed, with the S&P 500 eking out a gain of less than 0.1% and the Nasdaq rising 0.1%. The Dow declined 0.1%.The Wall Street Journal - World -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
Biden campaign will continue to use TikTok despite divest-or-ban law
US president’s campaign has posted on Chinese-owned video app in attempt to appeal to younger votersFinancial Times - World - Joe Biden -
BHP proposes £31bn takeover of Anglo American in mining mega-deal
Combination would bring together two of the industry’s largest companies as copper demand soarsFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Walmart US CEO talks inflation, self-checkout, and non-college degree workers
Walmart US CEO talks inflation, self-checkout, and paying six-figures to non-college degree workers.ABC News - Top stories